NZDJPY: growth after pattern completionIn March, the price broke through the resistance line at 77.37, thereby returning to the ascending channel that had formed in October last year. The price continued to move in the channel and bounced off the 78.23 support last week, then broke through the 78.09 line and continued to grow. We can expect growth to the resistance line 79.54.
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Buysignals
USD/HKD Uptrend Established LongClear trend presenting itself with the US dollar vs Hong Kong Dollar
With most of April crushing the USD it appears we are now turning the tables
with a curved bottom and a clear uptrend painted thus far for this pair.
I have outlined the green box for LONG entries which is sitting at the point of control
with a fib pull from previous swing high to low for confluence with the above mentioned factors.
Resistance levels have been drawn using standard Fibonacci pulls and align well with volume Profile.
Ensure you have a trading plan and know your invalidation .
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EURJPY: breakout of the bullish trend for continued growthElements of the chart that are important to pay attention to:
- a historically strong resistance level of 133.09.
- Upward trend
- Resistance line October 2019 and support line May 2020.
After the rebound from the 129.65 support, the price broke through the resistance at 131.52. Now we can expect its growth to the resistance of 133.09.
Remember, there is no place for luck in trading - only strategy!
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GBPUSD: continues to rise in a bullish trendAfter the completion of the pattern, the price has not yet started to rise to work out the previous trend. It broke through the pattern line 1.381 and then fixed on the main trend line (March 2020 - present) - 1.378. Then the price started to rise but again rolled back to the trend support 1.384. And now a new growth has begun. It can be expected that the price will rise to the resistance level of 1.418.
Remember, there is no place for luck in trading - only strategy!
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AUDCAD: stages of price development - what is the next step?Since February of this year, the regularity of price movement has been observed. A sharp collapse - after which there is a correction. In this case, the stages of movement can be considered as triplets - since the correction of the third wave stops at the low of the first wave (the levels are marked in blue on the chart). From February to March, the price fell in this stepwise approach; from March to April, it rose. However, downward growth has now begun. The price has just completed the collapse and a gradual rise towards resistance can be expected from the support level of 0.957. 0.965.
Remember, there is no place for luck in trading - only strategy!
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GOLD: return to support level, fixation, continued growthIn February of this year, the price broke through the support level during the fall at 1764.54. Then it dropped to the lower border of the downtrend (from August 2020 to the present) 1677.63. It fixed itself at the level and grew. During the growth, the price broke through the level of 1765.54 again. And it was fixed on the support line 1773.12. It can be expected that the price will continue to rise in an uptrend and rise to the resistance level of 1811.51.
Remember, there is no place for luck in trading - only strategy!
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EURUSD: continuation of the bullish trendAfter the price left the descending channel in early April and broke through the 1.187 support line, it increased significantly. The growth was accompanied by corrections and kickbacks. But in the end, the price came to the price level formed at one of the price peaks during the fall in the 1.208 channel. The price tried to break through this level but then reversed in the fall. It can be expected that the price will fall to support 1.205, then consolidate at the level of 1.208 and rise to resistance 1.217.
Remember, there is no place for luck in trading - only strategy!
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USDCHF: good fixation on support level is the basis of growthAt the beginning of the month, the price broke through the uptrend at its lowest point - the resistance line at 0.937, after which it fell sharply, stopping only in the support zone of 0.913. The price bounced off this level and fixed on it. So now we can expect that after the second consolidation it will rise and come at the resistance level 0.922.
Remember, there is no place for luck in trading - only strategy!
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$ONTX PT 1.90-2Onconova Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on discovering and developing novel products to treat cancer. The company has proprietary targeted anti-cancer agents designed to disrupt specific cellular pathways that are important for cancer cell proliferation. Its novel proprietary multi-kinase inhibitor ON 123300 to target CDK4/6 and other tyrosine kinases. The company's product candidate oral rigosertib, which is in Phase 1 study of rigosertib in combination with a PD-1 inhibitor for patients with progressive K-Ras mutated non-small cell lung cancer; and in Phase 1b/2 for recessive dystrophic epidermolysis bullosa. In addition, it is involved in preclinical work investigating rigosertib in COVID-19. The company has a license agreement with SymBio Pharmaceuticals Limited; and license, development, and commercialization agreement with Pint International SA. Onconova Therapeutics, Inc. was founded in 1998 and is headquartered in Newtown, Pennsylvania.
$AVEO entry PT 5-6.50 (Next ER: 4/29/2021) Target PTs 18-35AVEO Pharmaceuticals, Inc., a biopharmaceutical company, focuses on developing and commercializing medicines for cancer patients. It markets its lead candidate, FOTIVDA, an oral, once-daily, vascular endothelial growth factor receptor tyrosine kinase inhibitor, which is used for the treatment of renal cell carcinoma (RCC); and tivozanib for the treatment of RCC. The company has also completed a Phase II clinical trial of tivozanib in combination with Opdivo (nivolumab) for the treatment of RCC. In addition, it is developing Ficlatuzumab, a potent humanized immunoglobulin G1 (IgG1) monoclonal antibody that targets hepatocyte growth factor that is in a Phase II clinical trial for the treatment of squamous cell carcinoma of the head and neck, pancreatic cancer, and acute myeloid leukemia; AV-203, a potent humanized IgG1 monoclonal antibody, which completed Phase I clinical trial for treating human ErbB3; and AV-380, a potent humanized IgG1 inhibitory monoclonal antibody that is in a Phase I clinical trial for the treatment or prevention of cachexia. The company's preclinical stage product includes AV-353 that targets the Notch 3 pathway. AVEO Pharmaceuticals, Inc. has collaboration agreements with CANbridge Life Sciences Ltd.; EUSA Pharma (UK) Limited; Novartis International Pharmaceutical Ltd.; Biodesix, Inc.; St. Vincent's Hospital Sydney Limited; Biogen Idec International GmbH; Kyowa Kirin Co., Ltd.; AstraZeneca PLC; and Bristol Myers Squibb. The company was formerly known as GenPath Pharmaceuticals, Inc. and changed its name to AVEO Pharmaceuticals, Inc. in March 2005. AVEO Pharmaceuticals, Inc. was incorporated in 2001 and is headquartered in Boston, Massachusetts.
$SGLB entry PT 3.05-3.50 Target PTs 9.75-15-24 and higherSigma Labs, Inc., a software company, provides in-process quality assurance software to the additive manufacturing industry under the PrintRite3D brand. It also offers PrintRite3D Lite, which has a smaller footprint and is geared towards single-laser machines for research and development, or small production lots; PrintRite3D Pro, for single, dual and quad laser machines and for environments with less than 10 machines; PrintRite3D Enterprise for plant-wide networks; and PrintRite3D for Direct Energy Deposition is based on a laser process in which a laser beam generates a melt pool on a substrate. The company also provides PrintRite3D-enabled engineering consulting services. It serves aerospace, defense, oil and gas, bio-medical, and power generation industries. The company was formerly known as Framewaves Inc. and changed its name to Sigma Labs, Inc. in September 2010. Sigma Labs, Inc. was incorporated in 1985 and is headquartered in Santa Fe, New Mexico.
GBPUSD: correction in relation to growth and new growthDuring the uptrend in the main uptrend, the price bounced off the rebound at 1.425 and fell. Taking into account the price movement and the presence of a previous growing movement, we can say that the fall took place in the falling wedge pattern. After breaking through the line of pattern 1379 and fixing at point 1.372, the price continued to rise. It has already worked out a slight correction in the area of 1.401 and now we can expect that the price will continue to grow and come to the resistance at 1.418.
Remember, there is no place for luck in trading - only strategy!
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AUDCAD: the beginning of a new trend and growth in itAfter the price reversed about 0.998 in February, a downtrend began. It ended at support 0.948. The price bounced from this level, broke through the 0.956 trend line and continued to grow. It is now clear that a new uptrend has formed during the price growth. The price is at the support 0.966 and can be expected to grow from it and touch the resistance at 0.980.
Remember, there is no place for luck in trading - only strategy!
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$DOT $DOTUSDT entry PT 31.40-34 PT 49The Graph has introduced Scalar, a microtransaction system meant to enable new ways for the platform’s node operators and data providers to make money.
The Graph, which describes itself as “the indexing and query layer of the decentralized web,” functions as a link between decentralized applications (dapps) and different blockchains, providing a data querying platform that other blockchains and projects can use for their data requirements. The platform enables participants to package queries into “subgraphs,” custom feeds that provide application programming interface (API) data for use by blockchains and dapps.
The platform supports decentralized finance (DeFi) projects, including Uniswap, Synthetix and Aave, as well as major blockchains Polkadot, Solana, NEAR and CELO. The project also has its own native token, GRT.
Using Scalar, node operators have a new way to monetize their infrastructure through query fees paid in GRT (+0.97%), and data providers can be paid directly for making useful data available for apps without paywalls and ads,” The Graph Foundation said in a statement, noting that the volume of transactions on the network created the need for a microtransactions infrastructure beyond existing options.
“The major jump in Web3 use cases” including DeFi and non-fungible tokens (NFTs) “has created unprecedented demand for a truly decentralized and scalable query processing system,” the foundation said.
Scaling transactions with state channels
Scalar was co-developed by The Graph Foundation and software developer Edge & Node with Connext, a peer-to-peer, cross-chain liquidity network specializing in microtransactions. Using state channels, where users can interact directly with one another more efficiently outside of the blockchain, Scalar aggregates and compresses transactions before they are finalized on-chain.
Bitcoin Cash $BCHUSD PT 1,200-1,300 and higherSymmetrical Triangle forming for next leg up to touch resistance at PT 1,200
Bitcoin Cash brings sound money to the world, fulfilling the original promise of Bitcoin as "Peer-to-Peer Electronic Cash". Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development.
All are welcome to join the Bitcoin Cash community as we move forward in creating sound money accessible to the whole world.
USDCAD: trend breakout, consolidation and a new growth?Since June 2020, the price has been moving in a downtrend and after each price hitting the resistance line, a downtrend has begun. However, after that, in March 2021, the price bounced off at the support of 1.237, it rose to the resistance of 1.262 and for two weeks has been moving along the line, periodically breaking it. We can expect that after the breakdown of the line, the price will continue to rise and come to the resistance of 1.274.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Dogecoin $DOGEUSD PT .58 next...Dogecoin is mooning, and we're listening for the popping sound
With dogecoin back in the news, the bubble pop can't be far behind.
The cryptocurrency, which was explicitly created as a parody of crypto in 2013, is on an epic run. As of Saturday, a single dogecoin was worth approximately $0.30 according to CoinMarketCap. That's up from $0.004 at the beginning of the year.
The meme-themed cryptocurrency last made waves in Dec. 2017 just ahead of the Jan. 2018 height of the previous crypto bubble. At the time, articles like "Everyone Is Getting Hilariously Rich and You're Not" seemed the perfect punctuation to a speculative run that for many ended in financial ruin.
Of course, 2021 is not 2018, and the cryptocurrency market is in a different place now than it was back then. The current astronomical price of bitcoin aside, a shift away from scam-laden ICOs to the Coinbase listing on Nasdaq suggests this time crypto's financial dominance may be here to stay.
Or maybe not.
Appropriately, dogecoin has been aggressively memed to prominence over the last few months by the likes of none other than Elon Musk. Which, honestly, might be seen as a leading indicator — just not the kind that's good for the future of dogecoin hodlers.
Bubble or no, with a market cap of around $40 billion dogecoin is clearly having a moment.
$STON entry PTs 1.55-2.10 PT 6.90 and higherrrrStoneMor Inc. owns and operates cemeteries and funeral homes in the United States. The company operates in two segments, Cemetery Operations and Funeral Home Operations. The Cemetery Operations segment provides cemetery property interment rights, such as burial lots, lawn and mausoleum crypts, and cremation niches; cemetery merchandise comprising burial vaults, caskets, grave markers, and memorials; and cemetery services, which include opening and closing, cremation, and cemetery merchandise installation services. The Funeral Home Operations segment offers caskets and other funeral related items; and funeral home services, such as family consultation, the removal and preparation of remains, insurance products, and the use of funeral home facilities for visitation and memorial services. As of December 31, 2020, it owned and operated 313 cemeteries in 26 states and Puerto Rico; and 80 funeral homes in 16 states and Puerto Rico. The company is based in Bensalem, Pennsylvania.
USDCHF: breakout of the trend and the beginning of a new growThe price broke through a small uptrend, falling below the resistance line (before the breakout - support) 0.936. And during the fall, it dropped to the local price level of 0.922. This level appeared after the corrective fall of the price in the pattern in March this year. Now we can expect that from the support of 0.922 the price will rise back to the resistance of 0.936.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
GBPUSD: growth after pattern formationMoving in an uptrend at the end of February, the price came to the resistance of 1.425. Then it turned around in fall. In the course of this decline, a descending wedge pattern was formed, continuing the original trend. The price has already completed the pattern, broke through its upper border and consolidated at the point 1.373, so further we can expect the start of a new growth to the resistance at 1.424.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
$DMGGF Target PTs 4.50-5 and higherDMG Blockchain Solutions Inc. operates as a blockchain and cryptocurrency company. It operates through data centre operations, data analytics and forensics, and developing enterprise Blockchains divisions. The company manages, operates, and develops digital solutions to monetize the blockchain ecosystem. It is also involved in developing enterprise blockchains; and providing hosting services for industrial mining clients. The company also provides technical expertise software products, such as blockseer pool, mine manager software, and walletscore, as well as consultation services to accounting firms, law firms, and law enforcement organizations. The company was incorporated in 2011 and is headquartered in Grand Forks, Canada.