EURONEXT:ALGO |USDT As Shown In The Chart , It's Currently Trading Around Resistance Area , Once Broken It Will Jump Till Short Term Target : $0.45 - $0.67 Mid Term Target : $1.77 - $2.26 Long Term Target : $3.5 - $5 Current Price : $0.3143
The price action is telling me that the next macro swing-downward, probably the last leg-down of this cyclical bear market is igniting. Now, after a retrace of the "thrust-false break" to the weekly supply in an greedy extensive wave v, the shape of this retracement triangle is indicating a reliable reversal point. On the other hand, the bears are slowly taking...
Yes, we have something nice going on here! The breakpoint is the 49.79, and AMC has this weird RSI with some good divergences. We are just at a support level in the 4H chart, doing a good candlestick pattern. If AMC triggers the buy sign, the 65 will be the target! Let’s pay attention to these signs! If you liked this trading idea, remember to click on the...
It seems the 615 area and the 20ma are holding the price nicely, but TSLA must wake up and do a good movement this week, otherwise, it could drop again to the 600 area. The 615 was our first breakpoint, but now we have a second one. The 622 is the new breakpoint for Tesla, and if it breaks it for good, then it’ll hit our target at 635. The RSI still shows an...
Hello all, A quick trading idea here: It concerns Balancer's BAL token, which is now back into the macro uptrend channel after making a 37% retrace from its all time high back down to the demand zone near $45. I will be looking for a breakout in the current around the diagonal resistance on the 4-hour timeframe: 4-hour candle closure above $55 is our...
Lots of trendiness are converging here making INS an intriguing watch/potential play, especially given the C&H formation that I didn't highlight here but is evident if you expand the chart. I've been holding a large bag since March so I'm already in, but this could be interesting in the near to mid term. I'm long regardless of movement.
Price broke the black 61.8% Fibonacci level back in early August and then tested the same line as resistance on a pullback to the line. Selling interest came on to drop the price to the full retracement, as expected post-pullback. Now the price has reversed and busted the red trend line to the upside. The target for this break is marked with arrows and we are...
Price broke lower bearish trend line resistance and rallied higher last week. The upside target for the breakout (marked with black arrows) hit and found selling interest, or likely profit-taking near the objective. Selling interest also came in as the next upper red bearish trend line was tested. Price is slipping lower and is likely to test the red 61.8%...
Real end of slump will be after the BTC crossing the up yellow line. I tip the breaking point on crossing yellow and third blue line, like copy the time interval last short slump.
Will update this once I see a stronger signal
Indicators and buying behavior tells me this one should be heading north once it breaks its wedge pattern. I'm expecting a healthy jump with the amplitude determined by the influx of volume. Should be a solid gain once (if) it gains enough momentum. Buy until 410, stop loss at 370