PlatinumWednesday, 29 September 2021
1:03 AM (WIB)
As expected, Platinum start falling down from this valid downtrend resistance at $1.006, and keep fall. When the price pass below 0.5 F, it would open possibility for the price to test the support lines again. At this stage, I will prepare several set up purchase orders on Platinum again.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
Platinum
PLATINUM may be on the verge of a strong year-end rally!XPTUSD (Platinum) has had a strong rebound last week that started exactly on the Higher Lows trend-line of June 2020. The commodity may be repeating the 2020 pattern that lead to a massive end-of-year rally.
However it needs to get past (break and close a 1D candle above it) the 1D MA50 (blue trend-line). As you see since XPTUSD hasn't closed a 1D candle above it since May 18 2021 with the rejections on it being brutal every time. In 2020 once it closed above it, the price soon started a strong rally. Notice how the RSI is on Higher Lows now in similar fashion as in 2020.
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PLG potential 30xBuying shares of PLG at this confluence of trendlines and support. With platinum (XPT) currently being so undervalued while having bullish looking chart, I see this as potential 20-30 bagger. Great RRR.
Entry : 2
Targets : 10, 40 and 60
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
$BBX looking FKN BULLISH!So sure it's just dumped 10% but hear me out
Look at the RSI! This has been a long crazy consolidation - it's approaching an energy point and strong support and it's gotta girate to pump up teh RSI (similar to BBs here) so that it can move up without too much rtesistance - this is a PA-driven rise, not FA, becuse no results for a while.
But it is definitely ovesold (assuming it's not a fraud)
This is exactly what we need to see - down the elevator, up the stairs and boom out of that little bullflag there.! As long as it bounces.
PlatinumMonday, 27 September 2021
3:12 AM (WIB)
After created Bullish reversal with 13% ROI, Platinum shown resistance at 1 F. So, I'm expecting Bears could use this momentum for move down the price chart into my Golden Zone Area around 0.236 F.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
Huge inversion for platinum after long term trendline breach!Hello my beauties,
Platinum has breached a long term trendilne and accumulated for about 4/5 years. After a spring and an SOS, the price retested a very long term trendline. Please check my previous analysis below this text.
It is now forming an inverted head and shoulders with a price target of 995.
Don't miss out on monitoring the price around the green area!
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Peace.
Luca, TrickleDownFX
PlatinumMonday, 20 September 2021
19:16 PM (WIB)
Platinum just broke the lowest price at $896. It means the price could open possibility to move more lower into 52 Weeks low at $830. Which have support from descending channel to hit that point. I would prefer to keep watch the movement periodically. The question is "What condition on Platinum market that has been fall so far from $1.300 into $896?" I need to find out the answer.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
Cup and Handle May be formcup and handle is not a typical pattern but i see it a lot😎
. we have divergence
. volume might rise
. wyckoff is rising
PlatinumFriday, 17 September 2021
13:16 PM (WIB)
Platinum seems has found new support area between $913 - $919, this could be shown from strong bullish movement at these spot. Even price chart still has more possibility to reach $830 - $850, I will try to open purchase orders while the price is near the new support area.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
PlatinumSunday, 12 September 2021
2:50 AM (WIB)
Platinum seems still possible to move lower and hit $800. It's seen as it breaks down the Triple Mountains pattern inside Descending Symmetrical Triangle.
I won't sell or buys until the movement clearly to see. Keep watch and learn.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
Bullish PlatinumPlatinum corrected to pre-pandemic Trend and is following in this pattern.
3 strong pullbacks displayd with regression trends before breakouts.
Accumulated the last month for change of direction to follow trend.
Waiting on EMA to confirm Bullish action.
From a political standpoint it's inevitabe that the price should increase due to vaccine rollouts, increased production of EV's, back to normal production of vehicles and increases in tech demand.
Long term investment opportunity
Platinum Wyckoff analysis, Accumulation! 2150 TARGET!Platinum is in Phase D of an accumulation.
It breached a 13 year long trend that lasted from the all time highs in 2008 to the upside.
I'll be entering my long term trade around the 935/920 area.
The price is coming down to retest the long-term trend-line, and will be hitting 2150 according to my point and figure calculations.
Platinum is one of the most used metals in the electric car manufacturing industry, which supports the bullish bias, given the fact that huge oil companies are switching to environmentally friendly solutions.
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Peace.
TrickleDown FX
Platinum Long possibility after BOS.Hello there traders!
As always we provide you with analysis on tradingview.
Currently we are looking at the Platinum where we had a nice impuls and corrective move.
Structure tested supply zone and created a reversed H&S .
Bullish pressure pushes the market up and after the retest of the right shoulder we should see Platinum take its flight to the moon.
We also have seen the counter-trendline break wich indicates we are bullish .
Last but not least we see the market create H&S and a rejection of the retest.
This means we are satisfied and ready to take the trade.
Have a good week!