$ZIM looking to open a long positionIt seems that the stock has reached an oversold level and its right above the support level at approximately 60$ I am thinking of opening a long position. Great value trade in my opinion and as the market is flashing red again it might be a good option. In terms of fundamentals the company has terrific PE and forward PE ratios, great ROI, ROE, ROA and great margins. In an environment where inflation runs super hot thats a company that I believe will capitalize on it and improve their margins. Let me know your thoughts on $ZIM they have a crazy dividend yield as well which I am not sure if its a good sign at they are close to 20% dividend yield which seems a bit to much.
Longsignal
CRV 27 % Buy setuphello !!!
everything looks good.
risk to reward = 2.3
the stop is the previous low + ATR(14) and the reason is if BTC drops to 45 k , altcoins will drops a little bit too
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CRV weekly chart.
we got bullish hidden Divergence which one , pointed with arrows.
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not financial advice !
stay safe.
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let me know what do you think and share your ideas and charts
thank you.
Bitcoin ready for pump ??Bitcoin ready for pump ??
In terms of the rules of technical analysis This is a possibility. Provided that the price can be stabilized above 40 k.
Over the past 48 hours, Bitcoin has shown that, contrary to some analysts, male bulls have not yet lost their power.
The formed correction can confirm the pattern of the rising flag after stabilizing the price above 40 ka.
I highly recommend updating your analysis at short intervals due to the highly volatile market conditions to reduce the likelihood of your trades being vulnerable.
I hope you enjoy this analysis and find it useful.
******Appropriate entry points for supports and resistances according to the chart*******
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what will happen if BTC drops to 30 K ?hello everybody
if you look at the chart from 2018, only 2 times rsi reach to 30 - 40 level .
once 10 Dec 2018 which rsi was 29 and the price was around 3000 $ .
second time 9 Mar 2020 which rsi was 33 and bottom was around 3000 - 5000 $ .
also, we have 200 WMA on the weekly chart, and the price getting close to it.
you can check price action with 200 WMA from 2018 too.
every time the price crossed down the WMA then crossed up again, it was bottom in long term.
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do your own research.
not financial advice !
run uptrend next target to fibo 38.2%now I provide the signal I have an idea with this symbolic pattern, after CCI run over -300% and MFI over sold lower than 20 and RSI touching 20 along year ago RSI lowest is 22 that make me analysis again in facebook for my friend to look that rebound pattern that BTC beginning comeback again and now I special looking at uptrend of fibonacci next target is 38.2% or around 46.7-47.5K for sure
let's take a nap and see what is happening
LONG ON NZD/JPY Price has been on a nice uptrend, it has also been respecting the 38.2 Fibonacci level
Price is now at an apex point (trendline meets support line) I expect price to continue going up after another bounce off the Fibonacci level.
Here is the play I will be taking on this pair:
PAIR = NZDJPY
ORDER TYPE = BUY STOP (PENDING ORDER)
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 77.806
STOP LOSS = 75.802 - 200 PIPS
TAKE PROFIT = 81.504 - 369 PIPS
LONG ON GBP/USDPicture Perfect Price Action
Price has broken a old resistance zone and now has retracted to 38.2 Fibonacci level.
I expect it to bounce off the zone and continue to push up to the next major supply zone.
Here is the play I will be taking on this pair:
PAIR = GBPUSD
ORDER TYPE = BUY STOP (PENDING ORDER)
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 1.36087
STOP LOSS = 1.34055 - 200 PIPS
TAKE PROFIT = 1.39279 - 319 PIPS
LONG ON EUR/GBPOn the weekly timeframe we have a downward channel and price is currently bouncing off a support/demand zone as well as the trendline.
The overall trend for this pair has been down, so if price decides to break support and fall it would actually be (expected) because of the trend (even though I am taking a buy on this trade)
If price breaks and retest the support level I will look to exit my buy position and enter a short position.
Here is the play I will be taking on this trade:
PAIR = EUR/GBP
ORDER TYPE = BUY STOP (PENDING ORDER)
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 0.83899
STOP LOSS = 0.82966 - 93 PIPS
TAKE PROFIT = 0.85440 - 154 PIPS
EURAUD Potential Buy from SupportWelcome back! Here's an analysis of this pair!
COMMENT BELOW and let us know your thoughts or questions!
** Price approaching previous daily support zone, uptrend on 4 hr., price above 50MA, look for rejective support and a bounce from the highlighted level. No rejection, no entry.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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The desire to grow is felt in the ADAHello dear friends
As we can see in the chart, Cardano, after a strong correction and several unsuccessful attempts to change the downtrend
is technically in a situation where soon after the specified trend line breaks, it can start a strong uptrend
******Appropriate entry points for supports and resistances according to the chart*******
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BNTX LONG +5, +30 +150 % channelI will buy Biontech after breaking through the turquoise bold line. In doing so, I will set a short stop lose at 0.4% below this line and will raise it over time. Next, I plan to buy after the next thin turquoise line is broken, if the indicators favor buying.
This is not a financial recommendation.
Take care.