I have been searching for rare earth elements. I've been waiting for these stocks to take a dive. Probably been waiting around 6 months. Today I enter my first Rare Earth Element (REE) stock. I believe this is as low as i'll get it, I could be wrong but at 0.09$ CAD, I'll take that risk of being wrong. Look at the support it has formed since 2012, not it's 2020,...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6273). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ripple XRPUSDT is in an uptrend and the continuation of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00001900).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Inverted Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly...
Trading Signal:
A Trading Signal is seen in the XRPUSD .
Traders can open their Sell Trades NOW
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Midterm forecast:
While the price is above the support 17.73520, resumption of uptrend is expected.
We make sure when the resistance at 28.05510 breaks.
If the support at 17.73520 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
The RSI resistance #1 at 52 is broken, so the probability of resumption of uptrend is...
