ETH 4h technical analysis Hello everyone, hope you all doing good. I'd like to share with you my opinion on ETH.
* This is not a financial advice, use the idea with your own strategy and risk management *
as you can see, we had a good channel in 4h chart, and with crypto market crashing, we broke out of it.
it might still be a false breakout and stop loss hunt for a bigger ride but we have to consider everything.
here you can also see weekly map on chart, to clarify what a weekly map is I gotta say it marks highs and lows of each week and lets just say price likes to go back to these levels. considering that, I have marked all the supports that price might pay a visit with red lines which are 3884,3679 and 3369.
I'd like to see some strong bull candles on support zones, and I have two possible scenarios on this chart which are also drawn on the chart.
and my first target would be 4460.
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* This is not a financial advice, use the idea with your own strategy and risk management *
Targets
NVDA BEARISH PUSH NVIDIA has started a downtrend after a good growth and a bullish trend .
On a daily chart is forming bigger bearish formation candles.
First target is around 261. 05 -
Nice run up to earnings , however, extremely overbought and looking ripe for a correction. A correction would actually be more bullish in the long term. Watching for 261 but wouldn’t be surprised to see 200 in the next few months.
Currently, price is bouncing sideway between the SR zones. We still don’t know if price has done with the correction and the downside move, or it still wants to drop further.
Since price could not make a higher high and has made a lower high:
If the support zone around $290 broken out to the downside, there is a high probability of more drop towards the next support zone around $260
On the other hand, price has been pushed to the upside from the first support zone and could not make a lower low:
We can see the upside pressure and if price breaks the resistance zone around $307 and makes a higher high and fixes above this level, we can expect more rise towards the last major high at $323 and in the case of an upside breakout on this level, the next possible target would be around $365
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Doge coin right on the edge but still leaning long. Target .38In this video:
Review of Doge
Where we sit
What needs to happen in terms of price action
Cautionary countermeasures and sell stop area to watch for
As long as we remain on the upside of our triangle, target 38 cents
Additional tools that can be utilized for analysis and sentiment temperature
$BTB Wave AnalysisBit Brother Limited engages in the specialty tea product distribution and retail business in the People's Republic of China. The company offers tea-based beverages, including fresh milk tea, fruit tea, milk cap tea, etc.; light meals comprising salads, sandwiches, pasta, steak, burritos, and other healthy options; and pastries consisting of fresh baked bread, fresh baked cakes, frosting cakes, etc. As of June 30, 2020, it operated through four tea shops, including two flagship and two general stores in the Hunan province, the People's Republic of China. The company was formerly known as Urban Tea, Inc. and changed its name to Bit Brother Limited in May 2021. Bit Brother Limited is headquartered in Changsha, the People's Republic of China.
NIO STILL MAKING HIGHER HIGHSNIO is still in a uptrend after breaking out of the falling wedge to the upside.
NIO is making HH and HL, if it made a LL on the DTF I would think about selling as it may be reversing the trend.
Relative strength is making HH so follow the trend.
Target 2 almost hit, missed by $2 so far but I am confident that there is more upside.
I do expect a potential STOCK MARKET crash in December.
NOT FINANCIAL ADVICE!
AKRO CUP AND HANDLE 5000% TARGET!AKRO is looking super bullish with a cup and handle in play, long term target of between 5000-6000% pump.
Yes a 50x if the pattern continues to play out.
Until then we have some short term targets to hit.
Target 1 - $0.40
Target 2 - $0.52
Target 3 - $0.61
Target 4 - $0.72
Target 5 - $1.00
LONG TERM TARGET £2.00-2.50
Not Financial Advice!
JASMYUSD: JASMY 11 Cents Target Hit & Exceeded! Congratulations!
Last Vid (see Link to Related Ideas below) predicted 11 Cents
Last Vid I predicted the breakout would happen within hours. It did.
Our target of 11 cents has now been met and exceeded.
Congratulations to all traders in order
Now where to?
CHZ POTENTIAL BREAKOUT CHZ is about to potentially break out of a DESCENDING TRIANGLE on the 4H and 1D TF.
The pattern can be either BULLISH or BEARISH,
Can CHZ if it can break through the heavy resistance of 0.33-0.38 and claim and hold as support we are good for continuation.
TARGET 1 - 0.45
TARGET 2 - 0.55
TARGET 3 - 0.65
TARGET 4 - 0.95 ATH
RSI PRINTED A HIDDEN BULLISH DIVERENCE ON THE 4H.
Trade the breakout, NFA.
PROM MWY BREAK THE RESISTANCEPROM is in a range trading between 15.000 and 22.000
If it break the resistance (22.000) it will go up strongly for higher targets.
But if it breaks the trend line it will reach 15.000 and will supported there.