BONK ANALYSIS📊 #BONK Analysis
✅There is a formation of Descending triangle pattern on daily chart with a good breakout and retest.🧐
Pattern signals potential bullish movement incoming after a breakout of major resistance zone
👀Current Price: $0.00002265
🚀 Target Price: $0.00003260
⚡️What to do ?
👀Keep an eye on #BONK price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#BONK #Cryptocurrency #TechnicalAnalysis #DYOR
Potentiallong
ARB ANALYSIS🔮 #ARB Analysis - Breakout 🚀🚀
💲💲 In Daily Timeframe,Falling Wedge Breakout is Done✅
But right now we can see that #ARB is trading below its crucial resistance zone and if #ARB breaks this resistance zone then we would see a bullish move 💯🚀
💸Current Price -- $0.8058
📈Target Price -- $1.9358
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ARB #Cryptocurrency #Breakout #DYOR
S&P500 - Bearish sentiment could turn this higherHey guys !
I know I haven't been actif lately, I apologise for that, my other projects are taking up all of my time and focus sadly and it's not about to change for now at least.
Also, as you've noticed, there's haven't been many good opportunities to buy the last few months... So, it's been best to simply stay out.
Anyway, here's a quick update on the S&P500
S&P500 - It seems we might have finished potential wave 5 of higher degree wave C here.
It's of course still possible that pink wave 4 isn't yet over, thus stay cautious some more but since sentiment is now extremely bearish, it's a good contrarian indicator as you know, so, it might no be a bad idea to test the water so to say.
Personally, I'll try a small long position with a stop around 4200 IF price goes above the pink MA, which is simply the 5Day EMA.
If it goes well and signs of a reversal start to increase, I'll look to add.
If stop is hit or setup isn't triggered, I'll reassess the setup after price drops a bit below 4200.
TSLA Upwards Channel - Possible LongNASDAQ:TSLA has been creating a strong upwards channel in which it is breaking out of the flag which was shown in the linked idea. If it does break out of this channel in the upwards direction (the current price to break out of would be around $208.17), then it may have around a 7% push upwards to a new smaller target of around $221.78.
SHR Left For Dead?My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
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ANALYSIS:
SHR seems to have formed a base @$0.18, and should look to push up to the upside to make higher highs. For sure a solid short term hold