Double Bottom with Billions of Metric Tons of Lithium - SLIHere I have AMEX:SLI on the Daily Chart!
Technical -
A Double Bottom Reversal Pattern has formed and with the Bullish Rally started from the ~1,800% increase in the Estimate to Reported Results for Earnings and Revenue on Sept. 24th, we see Price Breaking our Confirmation of Pattern @ 1.98!
This weeks Price Action has created a Volume Imbalance between ( 1.91 - 2.03 ) that Price may choose to Fill before it pushes Higher!
Now Price is struggling with the Resistance of Previous High @ ( 2.28 - 2.38 )
-If this rise can be sustained in becoming a New Higher High than our Confirmation of Pattern, we can expect Price to Retest this Break of Confirmation to find Support!
*If the Retest of the Break is successful, we can then suspect Price to find Resistance again at Previous Highs @ ( 3.59 - 3.89 )
Indicators:
- Golden Cross with 200 EMA and Dynamic S&R
- RSI is Above 50
- Strong Bullish presence in Volume leading to Confirmation of Pattern
Fundamental -
Under all this utter devastation that Hurricane Helene and Milton have done to North Carolina and Florida and now with the wildfires ravaging Wyoming, these disasters have uncovered massive Rare Earth Elements and Metal Deposits containing around Billions of Metric Tons of essential components needed to power our shift forward from the Industrial Age to what feels like the Digital Age.
-Adding potential future mining sites to the already known deposits in Nevada, Pennsylvania and California.
EV and other technology advancements will come soon now with these essential minerals and metals possibly on the Brink of Extraction!
Bullish Patterns
$TOTAL Market Cap 259 Day BREAKOUT!At last, the Crypto CRYPTOCAP:TOTAL Market Cap has a BREAKOUT from the 259 Day trend!
This was the lagging chart I was watching to confirm the next leg up in the bull market.
The 20DMA has also crossed the 200DMA for the first time in 12 months. This is a SUPER bullish signal, as you can see what occurred last time in October 2023.
With less than 1 week away until Donald Trump is declared President of the United States, and the FOMC announcing another round of rate cuts the following day, we can expect a lot of volatility in the market.
The 20DMA should act as a good support on the way up.
The final signal will be when the Fed announces they will stop selling securities from their balance sheet. This will signal a new round of quantitative easing, and complete risk-on.
Tick-tock MFers. Position accordingly!
ETH ANALYSIS🔮 #ETH Analysis 🚀🚀
💲💲 #ETH is trading in a Descending Broadening Wedge Pattern. And the price pullbacks from support zone.
There is an instant resistance area and if it sustain here then we will see a bullish move
💸Current Price -- $2678
📈Target Price -- $3310
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ETH #Cryptocurrency #DYOR
Bitcoin Resumes Its Bullish TrendBitcoin with ticker BTCUSD remains in a higher degree bullish trend as expected. After we recently spotted wave IV correction on a daily chart, we can now see it resuming higher for wave V with space up to 100k area that can be achieved by a new lower degree five-wave bullish cycle.
Basic Impulsive Bullish Pattern shows that Bitcoin can be trading in wave 3 of V, so more upside is expected. Later we will just have to be aware of subwave 4 pullback before a continuation higher for wave 5 of V.
AMD (AMD): Trendline test coming - crucial for bullish case!Following the completion of wave 3, NASDAQ:AMD has also completed wave 4 with a near-perfect correction at the 78.6% Fibonacci retracement level. The rapid V-shaped recovery after the drop validates our count and points to continued bullish momentum as long as key support levels hold.
AMD’s earnings report on Tuesday aligned with forecasts but projected slightly weaker revenue than expected for the upcoming quarter. This led to a 6% decline in after-hours trading, raising concerns about potential deceleration in AMD’s overall business, even as the company remains a key player in the AI chip sector alongside its competitor, Nvidia.
From a technical perspective, NASDAQ:AMD now faces a crucial test. The stock must break through the resistance zone between $162 and $174 to confirm further upside potential. Failing to do so could result in a pullback to the trendline, a level that has been respected several times since early 2023. As long as the stock remains above the $120 level, we maintain our bullish outlook. However, losing this level would confirm a bearish trend shift.
We expect continued volatility, particularly post-earnings, and will monitor for a potential move higher or consolidation around these resistance levels. We are optimistic about AMD’s prospects but await further developments at this critical juncture.
US30 REVERSAL MIGHT BE LURKINGThe US30 is currently in a corrective phase but approaching key support and liquidity levels. A potential bullish reversal is expected from around 42,530, targeting the buy-side liquidity near 43,330. I'll be watching for reactions around the SSL and FVG for entry opportunities, with a stop below 42,393 for risk management.
GLGT!!
LloydFx
$KAS is KASPA finally AWAKE??? TP: $0.19 ; $0.225 ; 0$0.27CRYPTOCAP:KAS is KASPA finally AWAKE???
I'm giving you a full map for KASPA, The treasure has just been hidden.
Hehe everyone started fudding our boy KASPA. I just went long.
Entry: 0.11192
Looks like the bottom is in or very close.
You will never again going to get as risk free entry as this. DYOR.
High leverage not recommended, USDT.D might get bouncy anytime soon. Also USDT.D Lost Weekly 200EMA therefore BullRun STARTED.
Still bullish and moving!After my first long trade hit its stop loss today, I opened a second trade at a slightly higher level (see chart image). All bullish indicators are in place—the SMAs are supporting the price movement, and a new local high was recently made, confirming bullish momentum.
I expect this stock to continue rising through the end of the year.
$BTC.D Hits 60% - What's Next?CRYPTOCAP:BTC has pumped over 10% the last few days which sparked Bitcoin Dominance to reach the long awaited 60% milestone.
Depending on how strong the weekly close is, CRYPTOCAP:BTC.D could reach as much as 65% before Alts start to play catch up.
1 week away until the US Presidential Election, with the following day FOMC bringing another round of rate cuts.
Things could get wild real fast. Buckle up!
Dow Jones Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring US30 for a buying opportunity around 41900 zone, Dow Jones is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 41900 support and resistance area.
Trade safe, Joe.
$MATH at the crossroadsNASDAQ:MATH doesn't always respect trends and has even broke through them before without much fanfare. It has been idle for awhile now and converging on decision time. If it breaks down, I do not expect it to go lower than my green buy box. However, if it breaks up, I do think it will hit some nice take-profits. Dream scenario is the end of my zig-zag line. Lol.
ENA/USDT: Bull Flag Breakout! Strong Bullish Setup in Play!!Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
ENA is looking strong right now! It is breaking out from the bull flag pattern and a successful retest is also done. Long some at CMP and add more in the dip.
Entry range: CMP and add more up to $0.36
Targets:- $0.44/$0.50/$0.57/$0.64
SL: $0.345
Lev: Use low leverage (Max 5x)
What do you think of ENA’s price action? I’m seeing a strong bullish setup here! Share your insights and analysis in the comments below!
SEI Long Spot Trade (CHoC & Support Flip)Market Context: SEI’s recent price action is suggesting a potential reversal with a Change of Character (CHoC) confirmed by a higher high and a retest of the $0.35 resistance as support. A reclaim of the 200 EMA as support would add strength to the upward continuation outlook.
Trade Setup:
Entry: Around $0.40
Take Profit:
First target: $0.63
Second target: $0.89
Stop Loss: Daily close below $0.34
This setup is positioned to capitalize on the momentum shift, with upside targets aligning with higher levels if support holds. #SEI #Crypto #Trading
MYRO Long Spot Trade (Structure Shift & Support Flip)Market Context: MYRO has reclaimed the $0.10 level, flipping former resistance into support and signaling a structure shift to the upside. This provides a solid entry zone with a favorable risk-to-reward ratio as the setup targets mid-range and higher levels.
Trade Setup:
Entry: Around $0.11
Take Profit:
First target: $0.16
Second target: $0.22
Third target: $0.26
Stop Loss: Daily close below $0.09
This setup capitalizes on the structure shift with targets aligning with key levels. #MYRO #Crypto #Trading #SupportFlip
Gold Potential UpsidesHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2745 zone, Gold is trading in trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2745 support and resistance area.
Trade safe, Joe.