SolUsd Weekly Double Top about to break above much higher
SolUsd is not giving much away at the moment in terms of short term profits. It's price has been moving in this massive double-top pattern that extends to the weekly charts at least.
But price on the intraday is moving away and to the right of this double-top & price will be free to drift sharply upwards. But I see its price capped short term until the last part of Solana is finished on this weekly double-top system.
In other words, you can't make a break-away with a 'head' and no body for example 'arms and legs', if you get my analogy.
Regardless, it seems a squeeze on Solana's price in the interim for a short while, will serve to give it a massive momentum shot when it makes a complete move from D.Top.
Breakingout
BOME ANALYSIS🚀#BOME Analysis :
🔮As we can see in the chart of #BOME that there is a formation of "Falling Wedge Pattern". In a daily timeframe #BOME is breaking out the pattern. Expecting a bullish move in few days.📈
🔰Current Price: $0.007585
🎯 Target Price: $0.010915
⚡️What to do ?
👀Keep an eye on #BOME price action. We can trade according to the chart and make some profits⚡️⚡️
#BOME #Cryptocurrency #TechnicalAnalysis #DYOR
FTM ANALYSIS🚀#FTM Analysis : Pattern Formation
🔮As we can see in the chart of #FTM that there is a formation Inverse Head And Shoulder Pattern and it's a bullish pattern. If the candle closes above the neckline then a bullish move could be confirmed✅️
🔰Current Price: $0.5160
🎯 Target Price: $0.7140
⚡️What to do ?
👀Keep an eye on #FTM price action. We can trade according to the chart and make some profits⚡️⚡️
#FTM #Cryptocurrency #TechnicalAnalysis #DYOR
BULLISH BREAK OF 2507.66: Go for GOLD!
Gold is travelling well inside a Daily rising-wedge.
The next key level to break is 2529.20 a Top3 created last Friday.
Intraday, Gold has smashed through a Top2 at 2507.66.
All of my Momentum indicators show a bullishness in Gold today Tuesday.
Very little economic news for USA today Tuesday.
One threat will be the USDX which will be looking to make a bullish move above 101.85, a level it got to as recent as last week.
Chris
easy_explosive_trader
AUCTION ANALYSIS🔮 #AUCTION Analysis 🚀🚀
In daily timeframe, falling wedge pattern is forming ✅
Right now, #AUCTION is trading around it's crucial level 🚀 🚀 if #AUCTION breaks this level then we will be target for 50% in few weeks 💸 💯🚀
💸Current Price -- $21.45
📈Target Price -- $35.40
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#AUCTION #Cryptocurrency #DYOR
GOOGL April 26, 2024: Lessons Learned After EarningsAs you can see in my related ideas section, I opened a position in NASDAQ:GOOGL on April 1, 2024 and decided to sell my entire position around April 15-18. Therefore I missed the upside on breaking out after earnings.
Here are the main reasons why I decided to sell.
The overall market was very weak during that time. The main indices NASDAQ:NDX , SP:SPX just started to break down their own MA-50
There are many earnings coming out this week.
My position was opened on April 1 therefore I did not have any significant profit in it to hold through earnings
So now what is the plan?
Breaking into new high out of a large base is an opportunity to buy for trend-following traders. Therefore I will open a new position here with NASDAQ:GOOGL , or even better if it will pull back to little to the previous resistance (the yellow line on the chart)
PolkaDOT protocol is building PolkaDOT has a lot building around it!
Lots of news & hype is coming.
EverythingAltcoin on youtube has a great video posted up today. You best check it out and give him a follow!!
I believe we will see a new ATH with DOT and Cardano ADA will also be at a new ATH this cycle.
None of my work is financial advice it can go to ZERO
MATIC ABOUT TO EXPLODE?In this chart we can see that matic is coming to a point where its either going to make a leap to the sky or to the ground. In my view it can potentially go to 1.9 area (bull scenario) or 1 dollar area (bear scenario). It might be intresting to watch matic the coming days to get a good buying oppertunity.
Breakout on weekly chart in PFCNSE:PFC has broken out of a triangle on weekly chart with decent volume. As per height of the triangle, 200 could be a conservative positional target though waiting for break of 153 would be better for entry. Only concern is that this is slightly rising formation but not so much so it could still qualify as a right angle triangle.