Bearish Crab pattern Profit Targets: * Entry (1.681 FIB X to A): $102.654 * Stop Loss: $102.867 * 1TP (First Target Price): $101.756 * 2TP (Second Target Price): $100.858 Risk Management: My strategy includes a structured plan for realizing profits at predetermined levels, which aids in managing risks and ensuring gains. Personal Opinion: This is my viewpoint....
Strong Support: BNGO presents a buying opportunity. Market Structure: The weekly chart shows the completion of impulse waves 1, 2, 3, 4, and 5, and now we are entering correction waves ABCD. Stop Loss: Set at the Fibonacci extension of 127.2 (equivalent to $1.10). Profit Targets: Fibonacci Retracement between 0.5 ($10.7) and 0.618 ($13). First Target: $10....
BNGO offers a strong buying opportunity with an anticipated price surge. Market Structure: The 2W chart reveals a completed bullish butterfly pattern XABCD. The yellow circle highlights the three instances of price explosions. Fibonacci Retracements: * X to A at 0.786 for point B * A to B ranging between 0.382 and 0.886 for point C * X to A at 1.272 for point D,...
Bitcoin Technical Analysis Prediction: Observing the recent behavior of Bitcoin, it seems that we are currently heading into a correction phase. What stands out prominently on the charts is the bearish divergence, which I'm designating as level C. With this pattern in mind, there's a potential for Bitcoin to drop around the 32k mark. This could essentially allow...
This is a speculative overview of Bitcoin's potential fut ure Current Price Point: Start with the current price of Bitcoin. Irregular Expanding Triangle : Begin by depicting the initial phase of the graph with an irregular expanding triangle pattern, labeled as points A to E. This pattern should reflect the fluctuating, yet overall bullish trend of Bitcoin. ...
The QQQs have created a head & shoulders pattern now and In the chart, you can see that we have a butterfly-bearish pattern. For short-term target head and shoulder measurement move the target to 340$ We have a rising wedge pattern when the price breaks the support line of the rising wedge: 1st Target around 310$ 2nd Target around 300$ 3rd Target around 275$ I...
The QQQs have created a head & shoulders pattern now and now we have double top, sell signal and 7 confirmation to the downside, as a first Target waiting for the neckline to break and a leg down to 340$. For a bigger image please check this idea I'm not a financial advisor
Exact Sciences is a biotech stock that is overpriced. It's time to sell We touched 3 times the resistance line of a rising wedge pattern, impulsive wave pattern, and RSI 71 weekly overbought zone, the Q2 doesn't seem good. A leg down to 60$ retesting 69$ which is the resistance line of a rising wedge dropping below 40$ and based on the Q2 announcement either...