XRP - Heading back to $1?XRP
Daily Time frame
We have seen XRP make an impulse / correction / impulse to the down side finding support at the 70cent where we have monthly structure. Price has rejected this structure level twice and price has now broken out of the counter trend line. You can see after the first rejection of the monthly structure level price made an impulsive move to the upside but failed to break past the $1 region. After rejecting $1 price fell back down to the monthly structure creating an arguable double bottom but what we should focus on is how price moved down in a corrective manner giving indiction that the selling pressure is slowing down and that we could expect another impulsive move to the upside. Now that price has broken the daily counter trend line i will be looking on the lower timeframes for entries to go long (H4 & H1) with the first target being $1 where i will take partial profits or close the whole position depending on what price action develops.
Chart patterns
$LGVN – SI 65%Longeveron Inc., a clinical stage biotechnology company, develops cellular therapies for aging-related and life-threatening conditions. The company's lead investigational product is the LOMECEL-B, a cell-based therapy product that is derived from culture-expanded medicinal signaling cells that are sourced from bone marrow of young healthy adult donors. It is conducting Phase 1 and 2 clinical trials in various indications, such as aging frailty, alzheimer's disease, metabolic syndrome, acute respiratory distress syndrome, and hypoplastic left heart syndrome. The company was incorporated in 2014 and is based in Miami, Florida.
USDCAD > Strong Structure Support for A Buy.Analysis on #USDCAD
The market is inside a support zone \ demand zone right now which previously showed a strong buying desire
Plan:
>> If the market provided me a bullish confirmation on the 1-hour time frame I will then look to get in a buy entry with a good risk to read ratio
>> If the market fails to provide me a confirmation for entry and continued down and closes below 1.2600 then this idea is not valid anymore
________________________________________
Dear Traders, the best " T h a n k Y o u " will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only**
EURUSD > Prediction for A Possible Buy Entry!!Analysis on #EURUSD
Have been watching the EURUSD for a while, as you can see it is stuck in this range since the end of November and it is now formed a triangle pattern on the daily time frame.
the pattern usually breaks to the upside, as you can tell the market has been forming higher highs near the trend line support which indicates to me the interest in buying the ERUSUD is there.
Plan:
>> if the market breaks and closes above the trend line resistance I will then drop a one-time frame and start looking for a trend continuation opportunity to get into buying trade.
>> If the market fails to break to the upside as predicted and in fact moves to the downside then this analysis is not valid anymore
________________________________________
Dear Traders, the best " T h a n k Y o u " will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only**
GBPUSD potential bearish scenario?What we can see above is GBPUSD on the Daily, and just want to give an overall outlook on the pair.
The 21st of Dec which is the winter solstice date indicated by the red vertical line shows how the market turned around and moved to the upside.
We can see we have been trading in a downtrending channel, and we are near a key line which was once a strong support and could be a pivot point as a resistance now.
The fib from the last impulse down also puts us in our deep retracement optimal zone.
The larger 200 MA and 320 EMA can be seen that i do use sometimes to simply see if we are in a bullish or bearish environment, in this case we have switched below them and retesting them atm.
The TSI indicator shows an overbought market, which also looks like it is about to cross over for sells.
GBPAUD > A Strong Resistance Zone for A Sell..Analysis on #GBPAUD
The market may soon come to test a strong resistance zone where the dropped over 1200 pips.
I will be watching the market if it comes to testing my resistance zone looking for a reversal pattern before committing to a selling trade.
Like and comment will be highly appreciated, thank you so much for your support.
Check today analysis below⠀
$EURUSD - Possible rebound hereHi guys! 👋🏻
🔔 Possible uptrend continuation of #EURUSD here after a retest of the dynamic resistance as support.
🔔 The pair has also made a breakout from a critical dynamic resistance and has tested it as support several times, I believe it is also a good sign of a short-term uptrend for #Euro
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
AXSUSDT Technical Analysis💎 AXSUSDT is moving along the descending channel. The price can go up to the upper band of the channel and in case of the breakout after the pullback it can go higher.
💵 Invest Only 5% of your Portfolio
🎳 Entry now or from 94.73 - 90.24
☕️ TP1 101.78
🍺 TP2 110.68
🍻 TP3 121.17
🍾 TP4 132.92
🍷 TP5 145.00
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 89.18 - 84.94
Good Luck 🎲
Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a profitable day 😊👍🏻
Are you ZIL holding? ZIL is currently testing a long-term resistance (black line) on the daily chart. There have been multiple parallel channels in its journey so far. If ZIL breaks the trend line with a strong momentum candle the idea is that it will continue to trade in the upward channel. Until that happens ZIL can see a short-term fall to the green support which may be a good entry point.
Please note I am not a financial advisor and this is not financial advice, all ideas are for educational purposes only :)
Please DYOR and enjoy the idea!
FFIE: End of the Year PickMy last pick of the year is FFIE. I believe Faraday Future has been severely oversold. I also topped my account with more Nanox Imaging and Virgin Galactic. The pattern and trendline speaks for itself, and I think it is towards peak resistance levels w/ the tax write-off sales and end of the year activity. That said, everything you do is at your own risk. Do your own due diligence. This is on an opinion-basis and as-is basis, and not meant to be taken seriously.
🔥 ANKR Massive Upside PotentialSince it's inception on the Binance exchange, ANKR has been trading in a strong uptrend. During this process it as drawn a clear ascending wedge on the chart.
With the price currently residing near the bottom of the pattern, there's a high probability that ANKR will reverse from here and see more bullish pressure in the near future. Wait for a bounce before entering the trade.
Target would be the top resistance of the pattern.
Happy trading!
My Current Crypto WatchlistThis is my current crypto watchlist. BTC, ETH/WETH, and BNB are the standard cryptocurrencies most people know about. Some mid tier altcoins might be ETC, UNI, and ENS. Next might be CELO, and MINDS. Last might be AMP, OCEAN, and GLQ. I believe resistance have been high against all the cryptos on this list, except perhaps 0xBTC. Everything I say is on an opinion based basis. Please invest at your own risk. Any actions you do are at your own risk. Do your own due diligence.
$UBER broadening formation$UBER nice broadening formation here. stock moves very sluggish even with the decent volume, so watch your entry.
bullish momentum in higher time frame looks strong and plenty of room to go up.
day trading scalp:
Buy above 40.30 sell at 41.50-42.30
Buy below 39.03 sell at 38.10 - 37.07
always take profits as you see one. always follow your plan and risk management.
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.