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DOG

BARK a dog supply speciality stock Reverses LONGBARK is the stock of a relatively young company.It is now growing and has had positive earnings The chart shows a reversal from the prior downtrend which started with a double top in January. The order block indicator shows a base of buy order blocks forming the support. Upside is 45% to the resistance of the double top and the sell order blocks. The anchored VWAP shows that price was supported by the line of two standard deviations below VWAP in the deep undervalued zone. However, with the reversal, price is now targeting the VWAP itself which also could be an initial target for trade. Fundamentally, no matter whether a recession is impending, people will care for their dogs and sales should not suffer. If anything, people will seek value deals compared with brick-and-mortar sources. Not a coincidence but another dog-related stock WOOF is on an uptrend as well. As a penny stock, this is a risky long trade however I also see the reward potential. The call options for expiration on 5/19 are priced at about $10 per contract making them very affordable way to leverage the trade. see also the stock analyst report linked here stockanalysis.com
NYSE:BARKLong
by AwesomeAvani
DOG. x1000It's crypto, never say never. Fractionalization is a completely new phenomenon. DOG is backed, you know? The price does not depend not only on utility, you know? It's like bitcoin only in the realm of art. I count it not only x1000... I count it x10000 in the future. Just because it's art, it's the history of the internet... It's the beginning of memes. It's legendary. It's culture. Cyberpunk. Look at volume - this could be a historical price bottom as we tested the resistance line after more than 130 days and bounced off with just wild volume. Smart money is coming, look. Study it . Information is easy to find. Read the history of this and you will understand what I am talking about. At one point it just explode.
DLong
by Tropnik
ZECUSDT|Coin Review|Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ ▫️Locally, the asset is in a downtrend, the plan for a deal is from the breakdown of the countertrend of the double line. Sample deal plan: ▪️entrance - $72.65 ▪️take profit - 79.65 ▪️Stop-loss - 69.90 ▫️Not financial advice, just sharing my thoughts, only you are responsible for your transactions! ▫️Happy trading and good mood everyone.
Long
by DanilBlinkov
BTCUSDT Fixing above $23,000 is this to the moon?hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ I want to update the #BTC chart a bit -It seems that the growth continues after the news of the Fed in order to lead people into a trap, so that they would believe in a bear market reversal, this can happen if the price can be kept locally above $23.000 -There is also an option that the price will test up the channel on the daily TF and we will go down. CZ also adds fuel to the fire with his tweets, gives hints towards DUMP... -As for me, we should be loaded again below $20.000 after which we will see the real To the Moon
by DanilBlinkov
8
Post on Elliot Waves as a method of technical analysisElliot Waves is the author's theoretical development, which represents the development process with all its changes in our society and in the financial markets in particular through the formation of special recognition models. Elliott waves can be interpreted as a graphical method of technical analysis, thanks to which it is possible to assess the behavior of market participants by studying the direct price waves of movement. Each trend has its own structural sections, called waves, and they are often repeated. It is customary to distinguish two types of waves - impulsive and corrective. Impulse patterns are characterized by movement along the main trend, while corrective ones show the adaptation of movement under them. The key analytical figure is presented as a combination of an impulsive and corrective wave. Schematically, this is indicated as 1-2-3-4-5/ABC. Then there is a division into lower-order waves. All waves of the impulse type are indicated by numbers from 1 to 5, and the corrective ones are assigned the letter A, B and C. As Ralph Elliot stated in his theory, in each trend there is a combination of fives and triples, that is, a combination of impulse and corrective patterns . five wave model Market price movement is displayed in the form of 5 waves. The first, third and fifth are waves of directional movement, that is, impulse ones. The second and fourth are the waves of the opposite movement, that is, corrective, or rollback. The author of the theory attributes three invariable properties of the five-wave model: 1. the second wave never crosses the starting point of the first wave; 2. the third wave is never characterized by the shortest length of all five; 3. The fourth wave can never enter the price territory of the first wave. Benefits of Elliot Wave Theory The main advantage, which is also a unique characteristic, of this method of technical analysis is that such structures are formed both in an uptrend and in a downtrend. If we consider the second case, when the market belongs to the bears, then the market situation will be a mirror image of the bullish structure: impulse waves 1-3-5 become descending; waves 2-4 are ascending corrective ones; A and C become corrective ascending, and B becomes corrective descending. It is important to take into account the fact that the structure of the trend is not tied to the time frame, so the intervals cannot affect the formation of waves in any way. Elliot waves and their graphical interpretation It all starts with charts, so you need to use indicators to apply wave theory. It is best to display the chart in the form of Japanese candlesticks, which combines informativeness and objectivity. On the chart, the wave structure looks like this: We open deals using the conservative method When the movement towards the original impulse resumes, we draw a signal line through the pivot point and the point of the expected end of the correction. It is appropriate to open a long position at the maximum of the first wave of movement. If the price chart has not reached the level of the order and its reversal begins with the breakdown of the signal line, then you are monitoring its behavior so that the fall does not reach the pivot point and below. When the growth resumes, the line will be corrected relative to the new minimum level. If you placed an order right away, you continue to monitor the behavior of the signal line. When the price reaches and touches this level, it is necessary to close the deal and place a new order, the level of which will correspond to the extreme maximum. How are indicators used in Elliot Wave trading? There is no ideal indicator that can quickly and effectively form a wave cycle. Now it offers a wide range of different modifications, and traders can choose the instruments that suit their strategy and their financial goals. The most popular indicators for technical analysis and detection of wave structures are: Elliot Wave Oscillator Elliot Wave Prophet; watl. Consider one of them Elliot Wave Oscillator This indicator displays a histogram, reminiscent of MACD. The highest peaks will correspond to the third driving wave. It can be used to analyze any time frame, but it is better not to use it if you trade on too short time intervals. When the histogram crosses the zero mark in the direction from below or above, a divergence will appear, which signals the end of the next wave structure. When during the first corrective movement the oscillator breaks through the zero level in the opposite direction, then the creation of the third wave should be confirmed by a new divergence. If it does not occur, it means that the calculation of the starting point of the model was incorrect. Conclusion - Robert Prechter noted that Ralph Elliot never thought about why the market formed such a "5-3" wave pattern. He focused on data analysis and drew appropriate conclusions, acting on the principle that everything is explained by the cause of the inevitable cycles inherent in the nature and psychology of the crowd. Elliott waves should be treated as a theory, not a full-fledged technical method of analysis with guaranteed performance, while not forgetting the subjective factor. Accurate wave forecasting takes a lot of practice and experience.
BITSTAMP:BTCUSD
by CryptoW1neer
27
SHIBAUSDT This is probably the end of the growthHello everyone I have prepared a new signal for you, I write every day 10 profitable trades for the Russian and English audience, I think it will not be difficult to like and comment on the idea, your feedback is very important to me Go to the channel there is a lot of useful information. SHIB Shows good results, after the last signal +30% What is happening on the chart? The asset has broken through the local trendline and then gives a light 30% What do I expect next? I think that the breakdown of the 0.2 Fibonacci level will somehow fix above this level, after which the price will begin to fall to the level of $0.0972
Short
by DanilBlinkov
ETN TOOL ALERT FOR POSSIBLE 37K AREA with first 1.3 CONF.Hello trading friends, As we know ETN tool was all time right - and since today's new TA update and the intern counting on it for the long term - it shows that 37K is a possible target for BTC. Know that ETN doesn't work on a 1-day chart, it's the coming time expecting for BTC. and it can take long term before this target will come out, as it happened before all times. These are the first reading trend from the ETN tool, and with time we will confirm more details. What means the targets of ETN? it means it could be that next month will not happen to much change, same time possible that it can go in one time as we did predict. but ETN predicts at a long-term price like that it will hit 37K before 60K. Have a great day 💎Manage always your risk it will stay crypto.
Short
by watchtrend
10