The chart highlights a support zone around 3239, reinforced by the 200 EMA . There is a resistance level around 3472.40, which the stock needs to break through for further upward momentum. The volume appears to be consolidating, which can be a precursor to a breakout. Increased volume during a breakout above resistance would further validate the bullish...
Stage-1 breakout after 23 months long base with decent volume, stock is undervalued. need to see how this is going to take shape in next 2-3 quarters.
#M_M trading above Resistance of 2202 Next Resistance is at 2948 Support is at 1453.80 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
The Arbitrum Daily Chart underlines that price control was in bears' hand, as it failed to reach previous swing highs and decayed at a constant pace. Also, it has been stumbling below the 20-day EMA. However, the price structure was close to the demand area, where fresh buyers could enter. Moreover, the recent developments are also revving in the arbitrum, which...
FET/USDT situation, focusing on the potential retest levels due to the formation of a bearish divergence. #FET/USDT Analysis: Bearish Divergence Indicates Potential Retest Levels #Bearish Divergence Bearish divergence occurs when the price of an asset makes higher highs, but a technical indicator, such as the Relative Strength Index (RSI), makes lower highs. This...
#NEAR/USDT situation, focusing on the potential retest levels due to the formation of a bearish shark pattern: #NEAR/USDT Analysis: Bearish Shark Pattern Indicates Potential Retest Levels #Bearish Shark Pattern The bearish shark pattern is a harmonic pattern that signals a potential reversal or correction in the price of an asset. This pattern consists of five...
After consolidation, LTC about to give breakout. Buy LTC 84.4$, t1 88, t2 91, t3 99, t4 110, Strict SL 78.2. Keep booking profits and revising SL's.
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
#ETH/USDT situation, focusing on the potential retest levels due to decreasing volume and the formation of a bearish shark pattern: #ETH/USDT Analysis: Decreasing Volume and Bearish Shark Pattern Indicate Potential Retest Levels ### Decreasing Volume Volume is a crucial indicator of market strength. When the price of an asset rises while the trading volume...
A channel breakout is a price pattern that occurs when the price of an asset moves outside of a support or resistance level with increased volume. A channel breakout strategy trades based on whether a symbol breaks out of a channel, which is created using the highest and lowest values for a specified channel length. Also Forming a Rounding Bottom...
#LINK/USDT situation, including the potential retest levels and technical indicators: #LINK/USDT Analysis: Bearish Divergence and Decreasing Volume Suggest Potential Retest Levels #Bearish Divergence Bearish divergence occurs when the price of an asset continues to make higher highs, but a technical indicator, such as the Relative Strength Index (RSI), makes...
Darvas box + positive relative strength can turnaround this counter !!
#BTC/USDT Analysis: Bearish Divergence and Decreasing Volume Indicate Potential Retest Levels #Bearish Divergence A bearish divergence occurs when the price of an asset is making higher highs, but the underlying technical indicator (in this case, the Relative Strength Index, or RSI) is making lower highs. This discrepancy suggests that the bullish momentum is...
Coming out of Supply Zone with positive relative strenth
Only thing missing is volume which should come after the results !!
1. Liquidity is above 2. Triangle Pattern will break very soon and bullish this ETH 3. BTC is pumping but ETH is not other all ALT coin is punmping rest of ETH so now This is good time to BUY ETH you'll get easily 10-15% High 4.already 15-20% Down from High so good price to BUY
Symmetrical triangles occur when a security's price consolidates, generating two converging trend lines with opposite slopes. A symmetrical triangle's breakout or breakdown targets are equal to the distance between the initial high and low applied to the breakout or breakdown point.