💡 Don't miss the great buy opportunity in SFP/BUSDTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (2.5985). If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DOT/USD is in rangebound, and the beginning of the uptrend is expected.
. The RSI is at 53.59.
Take Profits:
TP1= @ 3.010
TP2= @ 3.230
TP3= @ 3.4480
TP4= @ 3.7485
TP5= @ 4
TP6= @ 4.47
SL= Break below S2
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Technicalindicators
💡 Don't miss the great buy opportunity in DOT/USDTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (31.8). If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DOT/USD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.30.
Take Profits:
TP1= @ 35
TP2= @ 39
TP3= @ 42
TP4= @ 45.20
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
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ZEC traded to perfection. TV's most accurate analyst nails it!As per the previous analysis where my target was hit to perfection (what else is new?) and then a retrace, you can see ZEC did exactly as I said it would.
This is similar to nearly all my analysis where my target shown is reached and then a retrace, meaning that the 'meat' out of the trade is at it's highest and for those brave enough in a bull market (like me) you could short the targets and re-buy when it hits major resistance bull market indicators explained in my member's section on my website.
The next move will be to re-buy when my short from $150 hits $134.99 and wait for ZEC to move higher to $260 before the next move is made on this market. I advise not to short now if you haven't done so at the target level of $150 as the risk does not meet the value of the reward in my opinion. To short in a bull market is for experienced and knowledgeable traders only, that is a warning to novice traders!
The market could turn higher before the short closes so I need to monitor the market or have back up plans in place if not able to monitor the price action. There will be some resistance when the RSI hits 77 on the chart as shown by the red horizontal line if the market does move upwards.
Anyone is a genius in a bull market, the trick is to know what the target is to sell and then re-buy back in.
Happy trading legends!
HTBB
Take a look at my other charts and analysis below to see my unbelievable correct analysis record. If this kind of analysis interests you and you want more than just 1 or 2 correct chart analyses every month or so, check out my website and become a member.
Bullish MA Birth's REPV2From the MAKER chart we can observe that the birth of the 100DMA caused a large jump in price
We can compare this to REPV2's 200MA birth which may do the same
The only difference is REP faces multiple more MA impasses (lower timeframes) than the clean break up MAKER had.
Normally birth's of MA's result in bullish results I have observed for the most part regardless.
Just added A LOT of REP.
ZEC testing important levels and indicators on it's way to $150As you can see on this weekly log chart you can see ZEC has broken above the Ichimoku Cloud with some strong volume. On the Fibonacci retracement indicator you can see ZEC is now testing the 1.618 level @ $111.75
The red horizontal lines are major support or resistance for ZEC.
On the LMACD you can see it is above 0 and has a nice bullish divergence to it since around March 2019.
You can see ZEC has now moved above all EMA's and MA's and should form the 'ribbon' type look I have spoken about in other analysis on BTC. The small light blue line at around $134.00 is the MA 200 and ZEC would need to firstly conquer the 1.618 fib level we are testing currently then break above the MA 200 and the major resistance level at $150 if ZEC is to go parabolic. I think the $150 will be the target for now and re assess if ZEC gets above this.
On the RSI you can see the major resistance level shown by the red horizontal line. Each time ZEC has hit this line it has dumped considerably. This could line up perfectly with the rise to $150.
On this monthly chart below you can see ZEC is now testing the EMA 34 (in pink) and the EMA 10 (in blue) is about to cross over the MA 21 (in orange).
ZEC needs to close above the current fib level to make it's move to $150. If ZEC gets rejected here I expect it to re test the $100 area. On the daily chart ZEC has already closed once above this 1.618 fib level and I require it to close twice to usually confirm the move.
Happy trading legends!
HTBB
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NIO- Partnership with NVIDIA and QualcommShort-term catalysts may be in the play for NIO.
On January 9, NIO unveiled its long-awaited first sedan, the NIO ET7 which uses Nvidia's DRIVE Orin system-on-a-chip and Qualcomm's chips for 5G capability. Together, NIO and NVIDIA aim to accelerate the development of autonomous driving on smart vehicles.
According to CNEVPOST, on Saturday, Qualcomm said that it would work with NIO to bring the latest next-generation digital cockpit technology to the ET7, which would use the third-generation Qualcomm Snapdragon Automotive Digital Cockpit Platform and the Qualcomm Snapdragon Automotive 5G Platform.
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DYOR, not the investment advice.
Altcoins | Ready for Altseason?A bit late, but Happy new year to everyone! And wow, the cryptocurrency market started 2021 with a blast. Beginning with Bitcoin, which broke its ATH (All-Time High) big time and is still going strong. Then fi-na-lly alts started to regain strength since the beginning of November. But now we are actually seeing some similar movements since the Altseason in 2017. Let me try to visualize it:
2017 : Bitcoin surged up to $20K → Altseason started
2020 : Bitcoin broke ATH → Altseason?
Can we see a similar bull-run in 2021? Well, as of this moment, nearly the whole cryptocurrency market is surging massively. I think the potential is really there, especially when thinking about this idea above. In addition, Bitcoin, Ethereum, and even other smaller cryptocurrencies such as VeChain Thor are still holding these insane highs. Lastly, in these awful times of the COVID-19 pandemic, people are in general spending less than usual (like travelling and going on holiday). Therefore, people are looking for other ways to do something with their money → People start to invest in stocks and cryptocurrencies (especially youngsters). But in the end, we have to see it within the coming period. What do you think? Will we see a massive bull-run, or can we expect a retrace?
KSM - Kusama Making a Break For it? Potential to Buy the Retest?Looking at KSM today, we saw 13% growth in a single candle and have seen the value double over a 30 day period.
If you want to see an "awakened" bullish chart, this is a nice one. Very linear movement until suddenly *POP* it's in volatility land banging off high level resistance levels like it forgot they were there for a day or two.
And interestingly, fairly low volume on the breakout with it further weakening as time goes on. Volume is always a key element of these things, as low volume can open up points for a retest.
Keep in mind the looming spectre of BTC wiping the market with another shakeout.
With these factors taken into account, along with a massively overbought RSI. I'd expect a quick rejection fairly soon, likely at the next marked fib level, back down to top level support. From there we'll have to see where the volume goes. If we get decent support expect it to move right back up again for us and hit the next two targets at least.
--
This isn't dating advice. Nor is it financial advice.🤙
XRP - About to Implode?? or Explode?? XRP has been seeing a spot of consolidation it looks like. Parallel/slightly downward wedge, decreasing volume.
Snapshots of XRP totals take place in less than 24hrs for the flare airdrop.
Overall indicators are not looking good. Psychology of the market changes in last third of consolidation wedge.
I'm expecting a price drop. Targets are marked for support levels.
This is not financial advice.
LambdaTrader (LT) Weekly AlertLT picked up a weekly alert for INTC last week. We missed it, should've entered Friday but, can still be good for Monday. Remember LT is normally a Daily chart indicator with defined take profit and stop loss. So we can add maybe an extra week or two to the recommended days to expiration (DTE) for the weekly signals.
Will EUR/USD remains above the support-line?Here, presenting the EUR/USD 15m chart. To make it easy to understand, I have used particular shapes and an indicator. ADX is less than 25 , which means a downtrend, but DI+ is above DI- which shows an uptrend. If it crosses the support line, it will fall up to certain levels 1.2090 - 1.2076 - 1.2060 . But if it does not break the support line, then the trend will touch the following levels 1.2146 - 1.2160 .
Dash breaks long term trend line and tests Ichimoku CloudOn this weekly log chart we can see Dash has just broken above the long term trendline shown by the long lime green line. Dash is also testing the top of the Ichimoku Cloud on this weekly log chart shown where the red down arrow is. The EMA 8 is now above the MA 21 and EMA 34 and is about to cross the EMA 55 on the weekly chart. Dash itself is trading above all the EMA and MA indicators shown.
The red horizontal lines show major support and resistance.
The Fibonacci retracement indicator shows that Dash has broken above the 0.618 level and tested the 0.786 level. Dash could get to the 1.272 or the 1.618 level.
The LMACD is now above 0.
On the daily chart of LMACD shown below I know when it breaks above the red horizontal line, Dash goes parabolic in price. Dash needs to break this line on the daily chart to confirm the upward move.
On the daily chart below Dash broke the long lime green trendline and then retested it with a strong bounce.
What I am looking for is Dash to break and confirm above the Ichimoku Cloud on the weekly chart and also to break above the red line on the LMACD on the daily chart. Also Dash to break the 0.786 fib level at around $115.28
If Dash can break these barriers it should at least get to the $166 to $175 region, depending on what BTC does the next few weeks obviously....
If Dash rejects these levels it should retest the lime green trendline again on the weekly chart.
Overall the charts look highly bullish.
Happy trading legends!
HTBB
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$WATT PT 19.50 and higher ParabolicEnergous Corporation develops wire-free charging solutions. The company develops WattUp wireless power technology that consists of semiconductor chipsets, software controls, hardware designs, and antennas that enables radio frequency based wire-free charging for electronic devices. It has a strategic partnership with Xentris Wireless to develop ruggedized products for military applications using the company's radio frequency based charging technology. The company was formerly known as DvineWave Inc. and changed its name to Energous Corporation in January 2014. Energous Corporation was founded in 2012 and is headquartered in San Jose, California.
finance.yahoo.com
$CREG entry PT 4-4.50 then PT 5 possibly drop to PT 2 (it can beChina Recycling Energy Corporation engages in the recycling energy business in China. The company designs, finances, constructs, installs, operates, and transfers waste energy recycling projects to mid- to large-size enterprises involved in high energy-consuming businesses. It provides waste pressure-to-energy solutions, including the Blast Furnace Top Gas Recovery Turbine Unit, a system that utilizes high pressure gas emitted from the blast furnace top to drive turbine units and generate electricity; and waste heat-to-energy solutions, such as heat power generation projects for applications in cement, steel, coking coal, and nonferrous metal industries, which collect the residual heat from various manufacturing processes.
finance.yahoo.com