🔍 Technical analysis: Bearish Flag Pattern According to the analysis presented in the previous post, after the completion of corrective wave B, an upward wave in the form of wave 3 or C grew to the size of 1.272 fibo of the previous wave itself. - Therefore, this rising wave can be labeled as wave one. 💎 According to the structure and behavior of the three-wave...
And possibly below $10 after that? Most if not all Alt-tokens have returned to their 2017 lows with 95% to 98% corrections since 2021. Pick any token popular at that time: 1) DASH.. 95% correction with a return to $25 in 2023 as it was in 2017. Inflation adjusted, the price should be $19! A bucket of expired sardines in a Norwegian Fish-market has gained more...
PFL has formed a long-term Flag pattern and has reached a resistance level. A breach of this resistance shall entail a rise in price level by another INR 1000 from current levels. Let us keep track of it. #patanjalifoodsltd #patanjalifoods #patanjali #patanjalitechnicalstudy #patanjaliflagpattern #patanjalipricelevel #patanjalipricetarget
The charts are suggesting caution. On the above 10-day chart: 1) Double top in price. 2) Regular bearish divergence. The higher the timeframe you look the more ugly this divergence is. Laterally I’m wondering if the small banking crisis that hit the US is now venturing to other parts of the world. OmaSp does not appear to be in isolation. There were some...
For exactly seven years XRP price action has been trading inside a defined range as shown by the green arrows. A long or short position from those areas would have been excellent. For the last two years price action has traded inside an uptrend channel. The channel support has now failed with confirmation. Red arrow. The failed support follows the double top in...
On the above monthly chart of BNB token there is easily an hour of topic to discuss. However attention spans amongst the equity providers do not afford a detailed explanation so the short version.. 1) Price action is in a legacy uptrend channel since inception with a confirmation of uptrend continuation (unlike LTC). 2) Price action is at resistance after three...
📊Analysis by AhmadArz: According to the flag pattern that we saw the best reactions in the past, we can expect the same analysis from the chart at this time.🧨 Just keep in mind that there is a 10% chance of a fake breakout on each side of this horizontal trend.🚨 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView...
*Saregama CMP - 553.10 / Stop Loss 465* Buy Range 530 - 550 / Buy partial now and keep adding during retracement Target 1 - 600 Target 2 - 650 Target 3 - 700 / 750 + Disclaimer: This is my view and for educational purpose only.
The GER40 is currently consolidating and may be forming a bullish flag. The price has touched the upper trendline three times, suggesting a potential breakout. I'll be watching for this breakout to trade accordingly.
Hello Everyone! How are you all? NZDJPY is a pair to watch this week, because it is shaping up very nicely for a bullish trend continuation that we can capitalize on. So, I will be looking for a bullish continuation because of the following reasons: 1. The overall trend is bullish. 2. The price has formed a continuation structure and it is approaching the...
Looks like a bullish flag, just bought some calls as shown. I'm expecting a breakout of the 210 resistance.
🍻 Market Context Another bullish setup brewing today before the NY session kicks in! Yesterday, I missed the trend with TAIKO, but today I'm feeling much more confident with BEERUSDT—after all, who doesn’t like beer? 😜 Trade Setup Similar to yesterday's scenario, but today we have more confirmation on higher timeframes, making this setup even more...
🚀 Exciting trade opportunity forming on CHRUSDT—you don’t want to miss this one! Market Context BTC is rising, and altcoin season is just around the corner! Daily Chart We saw an amazing breakout on the daily chart with a strong green candle. This signals robust bullish momentum. 2-Hour Timeframe We're currently in a small retest phase. On the 2-hour chart,...
The entire market is trending, and it's time to ride the wave! BRETTUSDT is set to reach new highs! Market Context With the market's bullish momentum, BRETT is perfectly positioned for a breakout. Trade Setup We've got the wind at our backs, and I'm targeting a new high for BRETTUSDT. The volume and price action are aligning perfectly for a major move. Don't...
Get ready—TAIKO is on the move and could easily hit 3.5 today! Pre-NY Session Buzz TAIKO is trending strong ahead of the NY session open. With the influx of NY volume, we might see a dramatic price action—either a sell-off or a price boost. Trade Setup With an impressive 7:1 risk-reward ratio, I’m jumping in on this opportunity. This could be a...
🚀 Get ready for an exciting move—UNIUSDT is gearing up for a classic breakout! Volume Surge With solid volume backing this breakout, we could see UNIUSDT push significantly higher. Market Conditions As long as no black swan events occur, this setup looks incredibly promising. Let’s watch and see how high UNI can soar!
Does This look like a bullish Pennant? This looks like a classical pennant, well defined. support @ $12, and a trending bearish trend for resistants, need to wait for confirmation
Bet that title got your attention. Well it might not be as crazy as it seems. An exercise performed by yours truly is to scan through monthly charts on the beginning of each new month. Takes more time than you imagine. Gamestop is certainly worthy of attention on the monthly time frame. On the above monthly chart: 1) It is without question, past resistance...