Retest
NSSC looks promising after a 55 Moving Average bounce5 reasons why NAPCO Security Technologies looks promising
#1 - Price has just retested the 55 Exponential Moving Average, a key ema here
#2 - Price candlesticks show the bounce and subsequent break past 3 key Exponential Moving Averages;
8 ema ( green), 21 ema (yellow crosses), 34 ema (orange)
#3 - Volume levels indicate a nice uptick in volume over the past 5 days
#4 - 2 key sentiment indicators; Stochastic and the RSI Indicator strongly suggest bullish
movement upwards
#5 - We have a GREEN STACKED WEEKLY EMA condition, and a YELLOW stacked daily ema condition (could turn green shortly);
EMAs are natural price resistances for the stock price. However, the stock price is ABOVE these resistance levels,
allowing price to trend toward prior price targets and not being hampered by emas holding it back
In addition to these favorable conditions, Friday's candlestick alone is very bullish.
Institutional ownership is at a whopping 77%! As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute.
As traders, the best we can do is to do our due diligence, pull the trigger on something that makes sense.
*Let's see what happens*
DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
If BTC passes 200 EMA Retest on 3D, High Chance of Bull RunIf we bounce off the yellow 200 EMA, we will be in accordance with the 2015-2016 bull run fractal. (See panels on right, white arrows.)
Massive cup and handle formation forming from prior ATH.
Fisher transform (bottom panel) also showing similarities to 2015-2016 fractal.
As always, not financial advice.
ETHEREUM IS PROGRAMMED FOR $3500 IN THE NEXT FEW MONTHS!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this ETH update.
ETH is forming an Adam&Eve pattern in the 2D time frame. It already breaks out the neckline and currently looks like it is going for a retest. The $2k area is a retest level. After a successful retest, it is ready to go for $3500
Invalidation level:- $Daily close below HKEX:2000
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
ZIL/USDT TRADE SETUP! 60% PROFIT POTENTIAL!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
If you follow me then you must make some good money in the past few days. If you are reading my post for the first time then I tell you, I have shared many Alts like ARB (50% UP), BNX 30% UP), HOOK (50% UP), EGLD (15% UP), SAND (15% UP), and many more. You can check all these setups in my profile.
Remember this is just the start of the Altseason so do not Fomo As I said this is Altseason not an Alt day so we get more and more opportunities in the upcoming months.
Here is our new setup.
Welcome to this ZIL/USDT trade setup.
ZIL looks good here. Breaks out from the cup and handle pattern and currently retesting the neckline. Also, they will launch EVM Compatibility next week. So I'm expecting a good pump from ZIL in the next few days. Buy some here and add more in the dip.
Target1:- $0.036
Target2:- $0.040
Target3:- $0.044
Target4:- $0.050
SL:- $0.0295 (Do not trade without SL)
Buy on spot or you can use low leverage with strict SL.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
✅GBP_USD MOVE DOWN AHEAD|SHORT🔥
✅GBP_USD broke the rising
Support went down and then
Went back up to retest
The broken support which is
Now a resistance line and we
Are seeing a bearish reaction
From the line so there is
A good chance that we will
See a move down towards
The target of 1.24
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
EURCAD - New Breakout 🔥Hello Traders 💖
On The Daily Time Frame The EURCAD Price Reached a Resistance Level !
The Price Formed a Rising Wedge Pattern📈
Currently, The Support Line of the Pattern is Broken 🔥
so, I Expect a Bearish Move
---------
TARGET: 1.45630🎯
___________
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
EURUSD H1Hello traders,
EURUSD is setting up for a downside move watch price to retest and look for a short position opportunity, if price break the yellow box and also 1.10000 area with the candle body then only look for long otherwise look for short.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis.
I wish you good luck and good trading.
GOLD H4Hello traders,
watch GOLD to break the support wait for price retest and look for a short position opportunity, if price hold the support and didn't break watch price to break the 50 moving average and look for a long position opportunity.
This is my analysis and view about GOLD.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis.
I wish you good luck and good trading.
Potential stock SONA BLW
After fall from 840 to 400
The stock now seems to be prepared for a stronger upmove from here as the chart shows..
The fundamental of the company are somewhat okay but the shareholding changes in the recent years can't be ignored but to me chart is superior..
So buy above 480
TGT 620-700-ATH
SL can be placed at 390
Note: Do your analysis this is not any personal recommendation for the mentioned stock for buying or selling with me. It's just for educational purpose and backtesting .. also i have the share from very low levels 🚩
The Last Drop of ETHHello traders,
A one more drop is coming before creating a new high, ETH is setting up for a drop its showing me a lot of weakness on the weekly timeframe.
i am waiting for ethereum to drop and buy from the low price as much as possible, the price area that i am looking for is around 500 it will take time not a few days or few weeks analysis so patience is the key to succeed.
In the weekly timeframe price is formed head and shoulder pattern now price is going to retest that and drop from there, the area that i mentioned in the chart is around 500 to buy the ethereum for the long run, now ethereum is just going up and every one is wanted to enter in the market and try to make some profits but i am pretty much sure that this is going to be drop before creating a new high of all time and i am just basically waiting for that.
This is my analysis and view about ethereum.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis.
I wish you good luck in trading.
Bitcoin Brokeout hit $30,600 then pulled back to retest supportBitcoin made a strong breakout above HKEX:30 ,600 on the hourly chart, showing bullish momentum. However, it has now pulled back to retest the support level, which is a common pattern in uptrends. Keeping an eye on how it reacts at this support level will be crucial in determining the next move.
USDCAD - New Resistance Level 📉HELLO TRADERS !
On The Daily Time Frame The USDCAD Price Reached a Support Level !
Currently, The Support Level is Broken and becomes a New Resistance Level 🔥
so, I Expect a Bearish Move 📉
i'm waiting for a retest...
-----------
TARGET: 1.33360🎯
___________
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
OCEAN/USDT TRADE SETUP! 100% PROFIT POTENTIAL!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this OCEAN/USDT trade setup.
OCEAN looks good in the daily time frame. Breaks out from the symmetrical triangle in the daily time frame. Also, holding 50ema very well. Buy some here and add more in the dip.
Target1:- $0.44
Target2:- $0.51
Target3:- $0.62
Target4:- $0.74
SL:- $0.35
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
USDCHF - NEW BREAKOUT !HELLO TRADERS !
On The Daily Time Frame The USDCHF Price Reached a Support Level !
Currently, The Support Level is Broken and becomes a New Resistance Level 🔥
The Price Formed a Descending Triangle Pattern !
so, I Expect a Bearish Move 📉
i'm waiting for a retest...
-----------
TARGET: 0.88650🎯
___________
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
BITCOIN : Detailed Technical analysis BINANCE:BTCUSDT
Bitcoin breakout from it's major resistance , previous neckline now was acting as resistance at 28700 -29000 area
after more than 10-12 test of breaking of resistance , finally trapping seller's and market shoot up
next resistance at 40k area , this will make range from 30k-40k for next 2 months , as my prediction say market can hit resistance
And possible drop back to retest at 28700 , big gap to fill as well at 28700 area
For now try to buy dip's , market in bullish trend
EURUSD | Bull & Bear Final Boss FightOANDA:EURUSD
Eurusd Bull and bear fight is on going , till now in a 5 round match 2 round won by bulls
still 3 rounds remaining can bear fight back and steal this match ?
Well we have to wait for a while to see clear picture
till now market broke Pattern and trading up from trendline , if clear breakout happen than 1.1070 next target
bear need's today candle to close below 1.0990 to hope for selling pressure .