🚀 Advance Enzyme: Prempting a Cup and Handle Breakout! 🚀 Current Market Price: 425 Stop Loss: 330 Targets: 540, 640, 740 Advance Enzyme is on the verge of a significant move, showing signs of a cup and handle breakout. A monthly close above 429 could mark the end of a nearly 2-year consolidation, setting the stage for a big rally. A large wick in the chart...
Here is how I markup my 4 hour chart for Bitcoin. The candlestick chart isn't used very much for marking up as it doesn't provide the same amount of data as the line chart. I also toggle between the bar chart to provide more data when it comes to seeking a specific wick.
my analysis for education purpose i believed gold we climb up in order making pullback before continue his downtrend to complete its hns pattern
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this ETH update. Why ETH can pump in upcoming days? 1) ETH is forming a falling wedge like structure in the weekly time frame and currently trading near the lower trendline of the wedge. 2) The main support level for ETH is at $1700-$1900 level 3) RSI is also...
10 hours has left before BTC's month candle close, while bitcoin is slightly above its crucial support - previous month close - at $38.5k. Fear & Greed index is at 20 points (extreme fear) Nuclear war treats EU parliament crypto bans Inflation Fed threats rising interest rates & many more are holding the markets in uncertainty & extreme fear On the other side,...
Very basic TA here. After breaking the bullish breakout of the triangle pattern to the upper side, we are entering the next bullish move after taking out the resistance at 25.40 USD. Perhaps with a short-term correction and a re-test of the 200's SMA (red).
Hello, everyone. I hope and you are aware of BTC's 4 year cycle. Exponential high, Correction, Accumulation and Continuation years. In 2013, 2017, 2021 BTC has made every time it's ATH as proving the theory. And after these years in 2014, 2018 BTC went down sharply. And if we pay attention to the theory, 2022 should be bearish year for BTC. As for today I could...
in past price made white chart pattern than made upside movement now it is doing it again in opposite direction if market repeat itself than it is making again a white chart pattern correction what will be next market movement ? compare both left bullish and right bearish trend trend than predict future price action live support 1790, 1763, 1724 resistance...
BINANCE:THETAUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! #THETA is moving in a huge symmetrical triangle since 23th of March. 2021. Now based on Line chart, the target of the breakout confirmation will be $11.382 unit growth and it can lead...
here i break down the actual sentiment and how to look at price, if considering wicks you will start to get confused because you'll see most times wicks pierce the recent low or high. which is okay however, that doesn't mean that it broke structure (don't get me wrong, maybe on a different TF it did but this is where the confusion comes in). volume tells the real...
I compared TESLA and NIO and I liked the similarity. Looks promising for NIO :)
Hi guys, Switching to the line chart here as there is too much noise in the price action recently. This is the 4-hour timeframe where we see a clearly defined downtrend channel. Now, taking into consideration we are still overall bullish and this is just a simple correction along the way, I can see 2 possible points of a reversal here. First: The current level...
im look forward for h4 trendline break,look for short till daily trendline. then let see what happen,if break then will look to sell...
NSE:RELIANCE is at a make or break level. It has respected the lower trendline since a long time, but it now faces strong resistance due to sentimental factors as well as rejection of 2200 psychological level. With the AGR dues hearing not being too favourable for Jio and the final verdict expected on August 17th, Monday's trading session should be quite crucial...
Probably one of the steepest trend lines I've drawn so far, but that's to be expected when you talk about a stock like NSE:RELIANCE . Very interesting to see how the trend line hasn't been breached even after the sharp dip we experienced on the day of 43rd AGM. As of now, RELIANCE seems to be thoroughly confused about whether it wants to continue exploring...
To date, since Bitcoin's all time high price, on a 2 hour line chart, price has failed to hold above $10,000 forty-six times. On five of these failures, price dropped by another 20% or more below $10,000. On two of these failures, price dropped by another 40% or more below $10,000. And on one of these failures, price dropped by more than another 60% below...
Using Line Charts for Clarity Today I wanted to share how you can use line charts for clarity. When checking my work, I often switch to line charts to validate my own thoughts. Today I was analyzing BTC and trying to determine direction from here on the 1HR chart. After I mapped out my thoughts, I switched over the line chart to validate. Why do I do this?...