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Accumulation

SNAP - No Longer Ghosting 👻Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📦 NYSE:SNAP has been confined within a range for nearly a year , indicating a significant accumulation phase. 📈 For bullish momentum to prevail, a decisive break above the upper boundary at 14.0 is crucial. In such a scenario, the Markup phase would initiate, propelling the price towards the 30.0 mark. 🏹 Meanwhile, SNAP is expected to consolidate. As it nears the lower bound at 10.0 once again, we will be actively searching for new short-term buy setups. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
NYSE:SNAPLong
by TheSignalyst
1
🍣 Sushi's Culinary Chart: Ready to PUMP! 🔥SushiSwap (SUSHI) is simmering in a trading cauldron, mirroring the patterns seen in LINK's historical moves. The chart reveals a massive consolidation, setting the stage for potential fireworks. Let's dissect the current SUSHI landscape, characterized by a significant range and manipulation, hinting at an imminent bullish surge. Chart Analysis: SUSHI, the LINK Doppelganger SUSHI's chart echoes the historical movements of LINK, showcasing a pronounced consolidation phase. This strategic pause often precedes a powerful move, making it a keen point of interest for traders. The recent price action suggests the potential for a manipulation play under this range, a prelude to what might be an impressive upward thrust. Next Stage: Sizzling Rally to $15 If historical patterns persist, SUSHI could be gearing up for a dynamic move. A robust pump, propelled by the energy accumulated in the consolidation, could be on the horizon. The target? A tantalizing $15, marking a significant leap from the current range-bound levels. Trading Strategy: Preparing for SUSHI's Culinary Delight For traders eyeing SUSHI, the current consolidation provides a unique opportunity. As the price hovers within the range, anticipation builds for the imminent breakout. A vigilant eye on the charts and strategic entry points could position traders favorably for the expected rally to $15. Conclusion: SUSHI's Flavorful Future SUSHI's chart is evolving into a compelling narrative, reminiscent of LINK's historical moves. The ingredients of consolidation and manipulation suggest a savory surge may be in the making. As SUSHI simmers in the range, traders prepare for a culinary delight, with $15 as the tantalizing destination. 🍣 SushiSwap Analysis | 📉 Consolidation Recipe | 🚀 Target: $15 ❗See related ideas below❗ Are you ready to dine on the SushiSwap surge? Share your thoughts, strategies, and SUSHI predictions in the comments! Let's savor the unfolding story of SushiSwap together. 💚🔥💚
Long
by Yaroslav_Krasko
PYR: Breakout Target 50$ by 2024🚀 Exciting developments are underway as Vulcan Forged PYR (PYR) makes a notable exit from a significant accumulation phase. The charts suggest a potential retest of the upper boundary of this range, setting the stage for a breakout with a target of $50 by the end of 2024. Let's dive into the details of this emerging opportunity. 📈🔍 PYR's Accumulation Breakout: Accumulation Dynamics: PYR has shown signs of accumulating within a range, indicating a period of gathering momentum before a potential price move. Exit from Accumulation: The recent breakout from this accumulation phase is a noteworthy development, suggesting that PYR is gearing up for a new trend. The Retest and Breakout Scenario: Retesting Upper Boundary: It's common for assets to retest the upper boundary of a range after a breakout. PYR might revisit this level, providing an opportunity for traders to confirm the strength of the breakout. Targeting $50: The bullish sentiment surrounding PYR leads us to set a target of $50 by the close of 2024. This ambitious goal aligns with the potential of the current breakout. Trading Strategy: Retest Confirmation: Wait for confirmation through price action, ensuring that the retest of the upper boundary is met with bullish momentum. Volume Analysis: Monitor trading volume during the retest and subsequent breakout. Increased volume can validate the strength of the upward move. Long-Term Outlook: Considering the target of $50 by the end of 2024, investors may evaluate PYR as a potential long-term opportunity. Conclusion: PYR's emergence from accumulation signals a significant shift in market dynamics. As the cryptocurrency landscape evolves, strategic traders and investors can position themselves to capitalize on the potential breakout, with the ambitious target of $50 on the horizon. May your trades align with the momentum of PYR's breakout, and the crypto journey be filled with success. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
1
NVDA: What to expect for earnings next week?This huge semiconductor has plenty of clout in terms of popularity with retail investors. HFTs are likely to gap on its earnings news which arrives on 11/21, next week. Clearly there are many who are confident NASDAQ:NVDA will meet or beat analyst estimates despite setbacks and restrictions. The run hit resistance and became overextended, so some profit taking is occurring for now. The stock is likely to shift to a tighter consolidation near the high of this platforming range.
NASDAQ:NVDALong
by MarthaStokesCMT-TechniTrader
1
FTT/USDT 1D. Channel. Cycles. Accumulation. Idea.Idea on the secondary trend of the FTT token of "scam exchange" FTX. After the FTX scam horizontal channel started to form. There were 2 accumulations zones which lasted each 30 days ~(1 month). After that the pump followed. Now the price is between this 2 accumulation zones(buffer zone) for 3 months already. After first pump local dip formed, after which another pump(2nd wave) followed. This wave formed local cycle at the duration of 32 days. Shown on the chart. Above the chart each period is described. Below - what happened at each point of a new cycle. Lately, after each new cycle(beginning since Aug 18) - we've seen price increase from 30 to 40%. This 3 local pump waves formed an ascending triangle(bullish formation). Next cycle is on Nov. 22. 15 November is the date of listening for FTX case. So, what do you think more likely - rise to somewhere about 2.2022$ zone(89.6% from current)? Or the dump to the support of the "outer" channel to about 0.8088$ zone(-30.81%)? By the way, since the beginning of the last local cycle - we've seen a significant increase in volume(Bitget exchange). Local resistance of the triangle is 1.22-1.33$$ zone.
Long
by TradingTsar
BADGER/USDT 1D. Secondary trend. Suggesting movement.Secondary trend of BADGER/USDT. Downtrend channel. Outer channel and inner channel(liquidity). From the upper edge of this channel falling wedge has formed. Then there was a breakout and slight accumulation after it. Then we a saw a somewhat movement of 30% which i have shown on the chart. This was retest of POC of all this downtrend channel movement(point of control, also on chart). Right now we're back into the local accumulation channel(green on chart) from which the previous leg up started. The retest of POC opened a path to falling further. We haven't seen a serious move of at least 60%, though the volume has been accumulated on this coin. As u can notice I ain't sharing some BS coins. Only those that are really interesting and on which the volume is being accumulated. Coming back to the movement which we haven't seen yet, i think this is for the reason that it's not the right time currently(market is falling apart). When the time comes(cycles) we will see the movement to the local distribution zone which is shown on the chart as red rectangle. Therefore, according to market cycles, i've shown my humble opinion and suggestion how the price can operate. But it's now necessarily must be that(yellow curve). Might be anyhow, but i believe the logic of this i have delivered quite clear. We most likely gonna come to 3.5$ zone when the right time according to market cycles come. If the market drops in the near time - the price of this altcoin will follow, which is shown on my chart as an example. No exceptions for almost any coin. Support zone down below is about 1.6$ zone. Shown as green rectangle. Hope everything is quite clear. This one as an example where the volume is being accumulated for quite some time. You can also use my other ideas for choosing the coins to trade, GL.
Long
by TradingTsar
2022 Bitcoin Halving Post AnalysisHistory Never Repeats, But it Often Rhymes When analyzing the potential impact of the 2024 Bitcoin halving, it is wise to have an in-depth understanding of the price action of previous halving in 2020. This can help us to identify potential patterns and similarities that could play out in the current cycle. Pre-Halving Price Action In the lead-up to the 2022 halving, we saw a clear resistance/supply zone build up in the $12,000 range. This zone was tested multiple times, but price was unable to break through on a sustained basis. (Red Color Supply Zone) Several months prior to the halving, price action visited the 200 EMA/SMA range. This was the same as the strong accumulation zone of the bear market in 2018/2019. Key reason for this dump was COVID-19 pandemic. This drop provided the best pre-halving buying opportunity. (Purple Zone) Price Recovery Price recovered within weeks leading up to the halving on May 11, 2020. This recovery was fueled by a combination of factors, such as uncertain economic environment and halving anticipation. (Yellow Zone) Post-Halving Accumulation After the halving, we saw a period of accumulation as investors bought Bitcoin in anticipation of future price appreciation. This accumulation phase lasted for several months. Again this was the next best buying opportunity. Sametime there were many shake-off of inpatient investors. (Blue Zone) 2021 Parabolic Uptrend Towards the end of 2020 price-action was able to break out from the accumulation and resistance zone. 2021 resulted on the expected parabolic uptrend in the first half of the year. Then it was retrace. again a recovery during latter part of the year. This created a Double Top Candle stick formation. This concluded the bull market, and it did not give the expected blow-off candle like in 2017. Hope this post-analysis helped in order to build your plan for 2024 Halving and 2025 Expected Bull market Based on the historical evidence, it is possible that we will see a similar pattern play out in the lead-up to and after the 2022 halving. This could include: A period of accumulation as investors buy Bitcoin in anticipation of future price appreciation A breakout from the current resistance zone A sustained bull run as demand for Bitcoin continues to grow It is important to note that past performance is not indicative of future results. However, by understanding the historical price action of Bitcoin, we can better prepare for what may happen in the current cycle.
BNC:BLX
by cryptochi1986
1
Brent OIL in USD until April 2024 + some projections into 2025 Weekly timeframe suggests that BRENT is in its second half accumulation area, which will last until April 2024. Inside the accumulation area OIL will in the range of USD 79-96, bottoming in the mid of December 2023 and topping in the end of February 2024. The last bottom of accumulation phase will happen in the mid of April at the level of around USD 90, but no lower than USD 87. End of April will mark a major breakout from the accumulation phase starting a new sequence of higher highs, the first is expected around the level of USD 98. Followed by a quick retest of USD 93-96 range ending in the beginning of July 2024. The long awaited OIL bullrun is likely to start in July 2024 and last until mid September 2025 reaching USD 213 level.
VELOCITY:BRENT
by discarding
BTC Breaks Out from 200 Days Range Bitcoin has been on quite a journey, spending over 200 days locked in a range-bound pattern. But, as the saying goes, "good things come to those who wait." Bitcoin has finally made a breakout move to the upside, and it's got its sights set on an ambitious target of $40,000. However, it's essential to recognize that it will likely need some time for reaccumulation before testing the range once more and forging ahead. 📈🎯 Breaking Free from the Range: Look closer how this reaccumulation looks at 1H time-frame : We are always moving from one liquidity to another For what felt like an eternity, Bitcoin has been trading within a range, caught between certain price levels. But now, it has broken free, like a phoenix rising from the ashes, and its upward journey has begun. 🌅🚀 The Reaccumulation Phase: After such a substantial breakout, it's only natural that Bitcoin would want to take a breath and reaccumulate its strength. This period of consolidation is essential to fortify the newfound levels and gather momentum for the next phase. ⏳🔍 Retesting the Range: Before aiming for the ambitious $40,000 target, Bitcoin is likely to revisit the range it spent so long in. This retest will serve as a confirmation of the new support levels and ensure the foundation is solid for further upward movement. 🔄💪 Trading Strategy: Observation: Keep a close eye on Bitcoin's price action and how it interacts with the former range boundaries. Patience: Be prepared for a period of reaccumulation and consolidation. It's during these times that savvy traders position themselves for the next leg up. Risk Management: Maintain sound risk management practices, especially when dealing with a market as dynamic as Bitcoin. Conclusion: Bitcoin's breakout from its long-standing range is an exciting development. However, it's crucial to remain patient and adaptable. The cryptocurrency market can be both exhilarating and unpredictable, so it's essential to be ready for a range retest and subsequent movements. As Bitcoin sets its sights on $40,000, make sure you stay informed, exercise caution, and be prepared for the journey ahead. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
RBN/USDT 1D. Accumulation. Fake-out. Back to the channel.Ribbon Finance Secondary and main trends. As on many cryptos from the beginning of trading history - downtrend. Then breakout of this downtrend and horizontal accumulation channel started to form(stop of price drop). This channel is lasting for more than 400 days already. This is more than a year already. Notice that there was a fake-out of this accumulation channel and then price turned back to it. This is a very positive sign for potential bullish price movements. As for now there has been a downtrend in a secondary trend formed which can be noticed by downtrend line(red on the chart) in this secondary trend. This downtrend was recently broke above and now we can observe the retest of it. From the ATL(all time low) - price has moved for 70% already. More of 70% potential is hidden above to the resistance of this horizontal channel. Then the middle-long term potential is about 400%. I would say about half a year-year for such potential quite real. The project is going to fully rebrend on AEVO which is why i paid my attention to it and it's certainly a bullish sign also. The asset can be traded on coinbase, gate and bitget.
RLong
by TradingTsar
TRU/USDT 1D. Secondary trend. Local accumulation range.TrueFi/USDT 1D. Local and secondary trends. In the main trend - downtrend channel was formed. You can check this if move chart to the left in the main idea. This channel was broken up in winter 2023, when there was local pump on all crypto market. At that time, price pumped 360% to 0.13$ zone and from the the pullback has started. It formed quite an aggressive downtrend, which has been broken Jun 2023. After that falling wedge started to form. The support lvl was formed at 0.0323$, while the decline lasts for 232 days as for now, just an interesting point. Price formed the range with, as already mentioned, support at 0,0323$ and resistance at 0,0392$(14 - which is "balance"). Price has deviated this ranged locally - reaching the minimums of winter 2022-2023 - then turning back to the range. Now, the price is near the resistance zone locally. During all that secondary downtrend we've seen 2 volume spikes - 1 on Jun 1 2023, other on Aug 21. As for now the price is consolidating in quite a small range of 25%. It has also broken the resistance of the falling wedge locally. All the details are on chart. If market allows - locally we can reach the middleterm resistance zone, shown on chart. It's 0.0609$ to 0.0777$ zone. Very logical resistance in terms of numbers. It may happen only if we break and hold above 0.0392$ lvl zone(current range resistance). Everything is with accordance to the market tendency. Linear chart is for the clarity(no shadows of candles). Percent to the resistance zones are shown. There has been also the retest of the broken local falling wedge(on chart).
Long
by TradingTsar
Boson Protocol Massive falling wedge.RSI over 40 on weekly and price appears to be at bottom range. Shows signs of 270 days in consoldation and accumulation. Buy the breakout. Real trendline breakouts produce high volume. So wait for big bull volume to come in after price goes above the major trendline. Buy when price retests support after breakout. First target is 0.58c. Second target is 1 USD. Use appropriate risk and trade management which is key to success in trading. Use stoploss. Recommended risk of portfolio is no more then 5% but risk with what you are comfortable lossing. Exit sign after breakout is daily candle close below 0.19c but put stoploss with what you are comfortable lossing.
Long
by ascendanto
BTR - Still Strong 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📊 As per my last analysis, attached on the chart, BTR rejected 0.0255 support and traded higher. Now BTR is sitting around the upper bound of the red channel. 📈 For the bulls to remain in control, we need a break above the upper red trendline and last major high in blue at 0.0385 📉 Meanwhile, BTR can still trade lower to test the 0.0255 support again where we will be looking for new short-term buy setups. 📚 Always remember to follow your trading plan regarding entry, risk management, and trade management. Good luck! And always remember: All strategies are good if managed properly! ~Rich
Long
by TheSignalyst
5
Strong fundamental and technical China playI do like how some of the strongest plays in China are setting up for the perspective upside in Q4 and beyond. Have a look at $NASDAQ:FUTU. High double and triple digits growths of earnings and sales four quarters in a row; strong and consistent ROE numbers; high eps growth estimates. Management owns 5% of the company. In conjunction with China government plans to stimulate the economy, most of the ingredients are there to support potential price advance of FUTU into Q4. From the technical stand point, I may suggest several perspective: 1. My wave-analysis shows that a) the mid/long-term structure allows for substantial upside and b) price found important short-term support in 53 area and is now building the base before continuing advance towards next important resistance zones: 80-99. 2. Waves and fibonacci aside, notice how well the price creates a volatility contraction pattern on a weekly time-scale, with an evident accumulation signs and good weekly closes. That leads me to consider that sellers with selling volume are subsiding and buyers are ready to step in leading the price higher. Overall there is quite substantial overhead supply from devastating 90% decline since 2021, strong fundamental and at least short to mid term technical stance make NASDAQ:FUTU a valid candidate for the buy list. Trading thesis: if price manages to break-out above 67.5 with supportive volume confirmation, that shall be a buy signal. With tight 3-5-7% staggered stop loss. For cowboy type of traders, price moving above 64.10 could be a place to start opening the position with an intention of adding after 67.5 breach. The short-term analysis is valid until price holds above Oct's low of 52.
NASDAQ:FUTULong
by artemfedorov
TWT Short Setup : Rising Wedge + AMD🚫The world of crypto can be full of surprises, and today, we're looking at the TWT token. It recently took a steep plunge from a colossal rising wedge pattern. However, before considering a short position, it's crucial to remember that trading is not just about patterns but also about market manipulation. 📊 The Rising Wedge Pattern: Rising wedges are typically bearish patterns, signaling a potential price decline. But in the realm of cryptocurrencies, it's essential to exercise caution, as market manipulation can play a significant role. 🚫📉 The Manipulation Factor: Detailed photo how AMD by wyckoff looks like : While technical patterns can offer valuable insights, it's essential to recognize that market manipulation can disrupt the traditional signals patterns provide. Traders should remain vigilant and not solely rely on patterns. 🃏 Trading Strategy: If you're considering a short position on TWT: Patience is Key: Wait for a retest of the wedge's border as resistance. This can provide a more favorable entry point. Risk Management: Use risk management tools like stop-loss orders to protect your investments. Stay Informed: Keep a close watch on TWT's performance and any market news that could impact your trading decisions. Conclusion: Trading in the crypto world is a blend of art and science, where patterns can offer insights, but market dynamics can be unpredictable. Recognize the influence of market manipulation and trade wisely. It's crucial to approach trading with caution, stay informed, and adapt your strategy to the ever-evolving market conditions. Remember that while patterns can guide your trading decisions, they're not infallible, and market manipulation can add an extra layer of complexity. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
Accumulate BTC with ETHHere is the game to play. ETHBTC is one of the less risky trades in the very risky crypto space. ETH and BTC are both long term winners (likely, not guaranteed). If I go wrong with this trade, I don't care, sooner or later the price will recover - no matter if I am in CRYPTOCAP:ETH or in $BTC. Right now ETH is trading for 0.0587 btc. It has been dumping down to the upper band of the green demand zone. It might bounce here, but I am not sure - because of the magnetic attraction of the red trend line. A dump down to the confluence of the lower demand zone area and the red trend line followed by a reversal and increased volume would make me mid term bullish on ETH. I would sell some BTC for ETH and buy BTC back when ETH is back in the 0.07 btc zone. NFA.
by NonComposMentis
📈 Ethereum's Wyckoff Accumulation 📈Understanding Wyckoff Patterns: A Brief Overview Richard D. Wyckoff's trading methodologies have stood the test of time. These patterns are characterized by phases of accumulation, manipulation, and distribution. Ethereum's 4H Chart: A Wyckoff Tale On Ethereum's 4H chart, we see signs of accumulation, where smart money starts buying. The next phase could be marked by manipulation, with price swings often seen as tests. Following this, distribution may occur as the price rises to a certain level. The Anticipated Outcome: A Bullish Move Wyckoff patterns often conclude with a bullish move. Traders are eyeing this setup for a potential uptrend in Ethereum's price. Trading Strategy: Navigating the Wyckoff Path Traders may consider entering or adding to positions during accumulation. Caution is advised during the manipulation phase, as price swings can be volatile. Distribution may be a signal for some traders to take profits. Conclusion: Wyckoff Wisdom on Ethereum's Journey Understanding chart patterns like Wyckoff can provide valuable insights into market dynamics. Ethereum's 4H chart currently reflects this classic pattern. While it suggests potential upward movement, traders should always exercise caution and use risk management strategies. Crypto markets are known for their volatility, so stay informed, adapt to changing conditions, and trade wisely. As we watch Ethereum's Wyckoff-style journey unfold, remember that trading is both an art and a science, and every move should be calculated. 📊🚀🌐 ❗See related ideas below❗ Don't forget to like, share, and leave your thoughts in the comments! 💚🚀💚
Long
by Yaroslav_Krasko
1
The Wyckoff Blueprint for XRP🚀XRP, often referred to as the "banker's cryptocurrency," has been through its fair share of ups and downs. However, an intriguing pattern is emerging on the charts, pointing to a potential bullish trend. Let's delve into the Wyckoff Accumulation-Manipulation-Distribution cycle, a pattern that has historically signaled bullish moves. Wyckoff Accumulation: The Foundation The first phase of the Wyckoff cycle is accumulation. During this period, smart money accumulates an asset at low prices, creating a support zone. Wyckoff Manipulation: Setting the Stage After accumulating, the market is manipulated to set up favorable conditions. This manipulation often involves fluctuations and tests of the support zone. Wyckoff Distribution: The Launchpad Distribution follows manipulation, signaling a move to higher prices. It's a critical phase where demand exceeds supply, leading to a breakout. XRP's Current Position: A Bullish Outlook Observing XRP's recent price action, it's evident that accumulation has been in play. Price fluctuations and accumulation patterns suggest that smart money is positioning for a rally. What Lies Ahead: A Potential XRP Rally If history is any indication, the Wyckoff pattern suggests that XRP might be gearing up for a significant move. The distribution phase could be the launchpad for a bullish surge. Trading Strategy: Navigating XRP's Wyckoff Cycle Traders should closely monitor XRP's price action, particularly during distribution. Look for signs of increasing demand and a breakout above key resistance levels. Conclusion: XRP's Wyckoff Potential While past performance doesn't guarantee future results, the Wyckoff pattern has been a reliable indicator in the crypto space. With XRP displaying characteristics of accumulation and the potential for a distribution phase, it's an exciting time for XRP enthusiasts. Keep a close eye on XRP's charts, adapt your strategy as needed, and remember that the crypto market can be volatile. By staying informed and prepared, you can make well-informed decisions in this dynamic landscape. 🌊📈🚀 ❗See related ideas below❗ Feel free to like, share, and share your insights in the comments. Your active participation fuels our crypto discussions and fosters a collective understanding of this exciting space. 💚🚀💚
Long
by Yaroslav_Krasko
Weekly Imbalance Filling for CHAINLINK 🚀💼In the ever-evolving world of cryptocurrency trading, recognizing unique opportunities is essential for success. One such opportunity that often goes underappreciated is the concept of weekly imbalance filling. In this post, we'll dive into what weekly imbalance filling means and why it's crucial, especially for assets like LINK, which hold significant growth potential. Understanding Weekly Imbalance Filling: A Hidden Gem Weekly imbalance filling refers to the process of fulfilling previously unmet market orders, typically those accumulated during weekly price gaps. These gaps represent levels where market participants have unexecuted orders, creating a potential catalyst for price movements. Why It Matters: The LINK Perspective Chainlink (LINK), known for its innovative decentralized oracle network, is an asset with substantial growth potential. Recognizing the power of weekly imbalance filling can be especially beneficial for LINK traders and investors. The Potential Benefits: LINK's Growth Catalyst Filling weekly imbalances can act as a strong catalyst for LINK's price appreciation. By addressing these gaps, the price often experiences upward momentum as market orders are executed. How to Leverage This Opportunity: A Game Plan Identify Imbalances: Use technical analysis to locate weekly price gaps or imbalances on LINK's chart. Monitor Closely: Keep a close watch on these levels, as they may serve as key turning points for LINK's price. Trading Strategy: Develop a well-thought-out trading strategy that incorporates weekly imbalance filling as part of your decision-making process. Risk Management: Always employ sound risk management practices to protect your capital. Conclusion: Seizing the LINK Opportunity In the dynamic world of cryptocurrency trading, it's crucial to stay vigilant and explore all potential avenues for profitable opportunities. Weekly imbalance filling represents one such avenue, and when applied strategically, it can serve as a powerful catalyst for LINK's growth. Chainlink's unique position in the blockchain ecosystem and its ongoing development make it a prime candidate for benefiting from this phenomenon. By understanding and harnessing the potential of weekly imbalance filling, traders and investors can position themselves for success in the LINK market. Remember, while this strategy holds significant potential, it's important to combine it with comprehensive analysis and disciplined risk management for a well-rounded approach to trading LINK. 🚀🔗🚀 ❗See related ideas below❗ Like, share, and leave your thoughts in the comments! Your engagement fuels our crypto discussions. 💚📈💚
Long
by Yaroslav_Krasko
2
BB: Is at the PCZ of a Bullish Gartley and a Bullish Deep CrabBlackBerry is attempting a spring-and-back-test-of-spring at the bottom of the range that it's been trading within since 2012, and the level happens to align with the PCZ of a huge Bullish Deep on the left, to which it has reacted once before, and on its way to testing the zone a second time and back testing the spring. It's also formed a smaller, more localized Bullish Deep Gartley with some hidden Bullish Divergence on the MACD. If it manages to get back above $5 and stay above $5 in the active session, we would then have room to see it pump all the way up to $24.89 really fast as that is the next major level above and near the 200-Month SMA, but if things really want to get serious, we could see BB complete a Full Measured move of this range which would take it all the way up to the 50% retrace up at around $45.39
NYSE:BBLong
by RizeSenpai
11