USDJPY: Your Trading Plan For This Week 🇺🇸🇯🇵
USDJPY is trading in a bullish trend.
After the price set a new higher high, we see quite an extended consolidation
within a horizontal range.
150.9 is the resistance of the range.
If the market breaks and closes above that on a daily,
we can anticipate a trend-following movement.
Next resistance will be 151.6
Alternatively, a bearish breakout of the support of the range
may trigger a bearish continuation.
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Rectangle
Bitcoin is about to reach ATH zone! Are we gonna break it?We're now formalizing consolidation triangle which is mostly telling us about to continue of the trend, means that we're expecting to continue to grow. So by growing we're reaching the resistance of ATH, I think after that we are going for correction, or we're going for correction after breaking ATH.
You thoughts guys?
USDJPY: Waiting For The Next Swing Move 🇺🇸🇯🇵
USDJPY is trading in a bullish trend.
After the price set a new higher high, we see quite an extended consolidation
within a horizontal range.
150.9 is the resistance of the range.
If the market breaks and closes above that on a daily,
we can anticipate a trend-following movement.
Next resistance will be 151.6
Alternatively, a bearish breakout of the support of the range
may trigger a bearish continuation.
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PYTH - new ATH, can this coin 20x in 2024?Technical analysis
PYTH looks absolutely strong! This coin is listed on all major exchanges and is pretty easy to buy. Why do I think this coin is bullish? We can see that the price is going up after the listing on exchanges, which is a strong sign of interest. It will hit a new all-time high pretty soon, and after that, it can skyrocket. The accumulation phase should be completed, and we are ready for price discovery in 2024. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
About Pyth Network
The Pyth Network is the largest and fastest-growing first-party oracle network. Pyth delivers real-time market data to financial dApps across 40+ blockchains and provides 380+ low-latency price feeds across cryptocurrencies, equities, ETFs, FX pairs, and commodities.
The network comprises some of the world's largest exchanges, market makers, and financial services providers who contribute their own price data for use by smart contracts. Participants in the network include Binance, OKX, Jane Street, Bybit, Cboe Global Markets and more. The Pyth oracle program aggregates their data on-chain to guard against inaccuracies and manipulation. Finally, the protocol allows users to "pull" the latest price onto their blockchain when needed.
In less than a year since the launch of the cross-chain pull oracle, the network has secured over SEED_TVCODER77_ETHBTCDATA:1B in total value. The Pyth Network has been used by over 250 applications to secure $100B in trading volume. Integration with Pyth Price Feeds is permissionless. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Mask - ready to start an inrcedible uptrendMask is ready to start an incredible uptrend; at least, this is what my analysis suggests. We can see that the downtrend ended with the descending parallel channel, and now the whales are accumulating contracts in this rectangle pattern. You can either wait for a breakout or buy a small correction. 471% profit is the minimum you want, but I believe we are going to go much higher than that. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Mask Network is a protocol that allows its users to send encrypted messages over Twitter and Facebook. It essentially acts as a bridge between the internet and a decentralized network running on top.
Mask Network was initially launched in July 2019, with its first use case of allowing Facebook and Twitter users to encrypt posts on the social media platforms. It then raised $2 million in a funding round in November 2020, co-led by HashKey and Hash Global, and a further $3 million funding round in February 2021 with participation from Digital Currency Group and Fundamental Labs.
Now, Mask Network offers the ability to fund Gitcoin grant campaigns directly from Twitter, as well as plans to offer peer-to-peer payments and decentralized storage functionality. It is a decentralized portal that also allows users to use DApps like crypto payments, decentralized finance, decentralized storage, e-commerce (digital goods/NFTs) and decentralized organizations (DAO) over the top of existing social networks without migrating, creating what is referred to as a decentralized Applet (DApplet) ecosystem. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
NZDCAD: Classic Bearish Reversal?!📉NZDCAD is currently in a long-term uptrend, but recently it has been consolidating in a horizontal range on the 4-hour chart after reaching a new high.
The support of this range was recently broken, signaling strength from sellers and suggesting a likely bearish correction.
It is possible that prices could drop to the 0.8275 support level.
NZDCAD: Local Bearish Reversal?! 🇳🇿🇨🇦
I see a nice bearish reaction to a key daily horizontal resistance on NZDCAD.
After a test of the underlined blue area, the price started to consolidate and formed
a horizontal range on a 4H time frame.
Its support was violated and for us, it is an import sign of strength of the sellers.
We can expect a bearish continuation now at least to 0.83
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ChainLink (LINKUSD) - Head and Shoulders and RectangleLINKUSD seems to have tested the neckline of its Complex H&S. This break also came out of a rectangle pattern.
Setting my stop at 16 and target would be 32. Entry at 18.04.
In a nutshell, ChainLink is essential for data movement between blockchains. It's functionality in the business world cannot be underestimated.
I would not claim to be an expert on this crypto but surfing through posts and research, it's got legit use in the real world.
Goodluck!
CAPTRUST - BUY ACTIVECAPTRUST- Capital Trust Limited - BUY ACTIVE
Chart Insights : Weekly Chart
Stock closed at 142 on 23-FEB-24
We can see stock is coming to break the resistance and can expect upside move if its sustain above the resistance.
BUY Active only on top of resistance , it may try to retest the same level in coming days , best buy on retest level & keep monitor for future investment.
Drawn support and resistance levels on chart for entry and exit reference.
Its Risky Investment , Invest less and wait for years. If it crosses 165 level and sustain we can see very good upside movement.
CADJPY: Waiting For Confirmation 🇨🇦🇯🇵
CADJPY is trading in a bullish trend.
After setting a new higher high higher close on a 4H time frame,
the pair started to consolidate within a horizontal trading range.
I am waiting for a bullish breakout of the resistance of the range.
4H candle close above 111.76 will indicate the strength of the buyers.
A bullish continuation will be confirmed then.
Next resistance will be 112.0
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JAGRAN - BUY ACTIVEJAGRAN -Jagran Prakashan Limited - BUY ACTIVE
Chart Insights : Day Chart
Stock closed at 121 on 22-Feb-24
We can see stock is trying to break the resistance and can expect upside move if its sustain above the resistance.
BUY Active only on top of resistance , it may try to retest the same level in coming day, best buy on retest level & keep monitor for future investment.
Drawn 3 support and 3 resistance levels on chart for entry and exit reference.