Federal Bank - Fresh Rally ?Call it a VCP or a Cup and Handle Breakout.
Golden Cross just happened on Daily Chart.
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Bandhan Bank - Can it break the stiff resistance on 5th attempt?At 402 , there is a strong resistance from a long trend line.
Safe playing investors should enter only above 402 on "closing basis" for the targets in green in due course.
However, the ADX > 25 indicates a very strong trend at the moment backed by a Golden Cross recently.
So risky investors can take a chance entering at CMP- 373 for a target of 402 which is about 8% but a strict stop loss is mandatory. This 8% target might be achieved in the next few intraday sessions as well.
*****
Help Me to Help Us.
I believe in keeping the chart simple with minimal drawings & easy to interpret.
Always keep a stop loss to rescue you out of troubles.
So kindly express any disagreement & improvements so that we learn & earn together.
Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the motivation.
GOLDEN CROSSDigihost Technology's 50-day moving average line just crossed above its 200-day moving averge line, forming a GOLDEN CROSS, a strong BULLISH signal.
TradingView's tecnnical analysis summary for this stock is BUY:
www.tradingview.com
According to the Wall Street Journal, this stock has a price target of $2.00:
www.wsj.com
That is more than 419.48% higher than the currrent price of $0.385.
GLTA!
XRP Moon Cycle/Lambo SeasonThe Chart
- Green and Red Line on the chart represent the two different moving averages. (Top) From this we are able to see when a "Golden Cross" which represents a Bullish or Bearish sentiment that historically is followed by very high volatility. I circled the areas where the cross is occurring.
- Then the RSI. Currently XRP remains in high risk situation. Not necessary a bad thing. It implies there is current high volatility taken place. It sits above the 70 spot range. I like to compare the RSI to the energy source of the coin.
- On the bottom. Much more complicated. The ADX & DI. Simplest way to describe it. It showcases the strength of the next move. Today, you can see a wide open mouth gap be taken place. Compare historically.... very bullish sign for XRP.
I also published a simpler chart on XRP that explains WHY XRP. Fundamentally speaking, this coin has the best real world use case that crypto has to offer.
“People always want investments to go up like a line.…That’s just not reality. You make 80% of your money in 20% of the time in investing and you have to be patient.” - -
- Jeffery Gundlach
Quote that I like for XRP^
GOLD - price approaches the leve 7 times alreadyIf there is an accumulation above the level.
we can see a breakdown.
The price approaches the level 7 times already.
if the price goes above the level of 1874. cancel the breakdown.
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Golden Cross on CBA EMA'sThe golden cross is a technical chart pattern indicating the potential for a major rally. The golden cross appears on a chart when a stock's short-term moving average crosses above its long-term moving average. The golden cross can be contrasted with a death cross indicating a bearish price movement
JMIA GAP and Ascending TriangleNYSE:JMIA
This overreaction is the best, we have so many things we can't wait to share with everyone.
First we have a massive gap after the overreaction upon earnings, many of which are bought right back as every reaction is an over reaction.
( We're sure JMIA would meet the necessary in order to be profitable. )
Second, on the 15M chart we have a ascending triangle and not only followed with a golden cross ready to break.
We still have on every time frame from 1H to 2H,3H,4H and D charts the MACD crossing up showing other signs of run up
My checklist is over and ready, what about yours ?
GOLD - Two movement optionsTwo options for movement.
The first movement is marked in blue.
The second movement is marked in yellow.
Dear followers, the best "Thank you" will be your likes and comments!
These ideas are not a channel with signals and I do not give recommendations on the entry/exit points.
In my reviews, I provide analytics - those data that help model potential options/scenarios for price movements
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GOLD SHORT TERM CLIMB: WEDGE + GOLDEN CROSSToday Gold has seen a massive influx of buyers, slingshotting it through the August wedge and preparing for a golden cross of the MA50 and MA200.
The last four times this has happened on the 4H chart it signalled the start of a massive bull market, with price increases varying from +10% to +20% within months
The first major target should be the $2000 area, since it's a nice round number. Prepare for a minor pull-back around there.
If $2000 breaks, be ready for the price to contest the all-time-high!
EUR/USD 🇪🇺 🇺🇸 to rise up to the 1.17616 local support level.EUR/USD 🇪🇺 🇺🇸 is moving within the symmetrical wedge with the pretty wide Bollinger Band volatility. The price is testing the ascending bottom trendline , and according to the oversolds and the Golden Cross is going to rise and test the 1.17616 local support level.
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NZD/USD🇳🇿 /🇺🇸 to RISE!+1.1% on NZD/USD🇳🇿 /🇺🇸. The pair was rejected by the 0.66388 level but the pair is keep testing it. However , according to the Golden cross and deep Stochastic oversold the price is going to RISE and test the 0.66863.
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GBP/USD 🇬🇧🇺🇸 to pullback from the REsistance zone.GBP/USD 🇬🇧🇺🇸 after the golden cross bounced from the Uptrend line. The RSI and ROC show that the price in the high overbought zone , thus we expect sooner or later pullback from the Resistance area.
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