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AMD: Is it a buy right now? Let's see what the charts say.Hello traders and investors! Let’s see how AMD is looking today! First, in the 1h chart, it is doing a good bullish reaction. It seems we have a Rounded-Bottom after a massive sell-off, and this indicates that the bears are starting to get exhausted, and it is trading at discounted levels. To me, AMD could hit the $ 124 again, however, I’ll set a target at $ 118.60 (the gap area, as evidenced by the yellow square), if it breaks the $ 110.57, and trades above it for a while, consolidating a reversal. Trading above the $ 110 would be interesting because the market may see the last bullish leg just as a retest of the 21 ema to drop more again, aka Dead Cat Bounce. What’s more, by breaking the $ 110 it has decent chances of breaking the 21 ema as well. In the daily chart, we see that AMD is dancing around the 61.8% Fibonacci’s Retracement, and if it closes above it in the next few days, I’ll see it as a sign of strength. The 61.8% retracement is at $ 110 as well, reinforcing our thesis that this is the most important price level to break. We can see the Gap in the daily chart too, and this is why I think it is a relevant target to work with. I’ll keep you guys updated on AMD, so remember to follow me to keep in touch with my daily analyses!
NASDAQ:AMD
by Nathan_The_Finance_Hydra
3
AAPL: Did a Rounded Bottom above our support level! What's next?Hello traders and investors! Yes, AAPL found a support level at the $ 172 area, the support level I mentioned in my last analysis, and it is reacting nicely since then! Let’s see what’s next for us. First, the pattern AAPL did last Friday is called Rounded Bottom, indicating some bullish reaction. This reaction was good, but AAPL is not completely bullish in the 1h chart yet. Since we lost the green trend line, AAPL looks exhausted, and that’s fine, as it recently had an incredible rally – one of the best in the last 20 years. To me, AAPL must do a clear bullish pivot point in order to fly again, as the $ 179 is there, and this point could be an annoying resistance which I doubt the Rounded Bottom alone will defeat. In the daily chart, the correction was quick and short-lived, and it didn’t even hit our support levels at the 21 ema, or the $ 168. To me it could’ve corrected more, and it still could, but we must lose the $ 172 in the 1h chart before assuming this. Remember: always wait for confirmation. Either way, the trend is clearly bullish in the daily chart, and we don’t see any bearish structure that could trigger a pullback or a reversal on it. To me, the 1h chart is going to dictate what’s going to happen next, and the most important support level is the $ 172, and as long as AAPL stays above it, it won't turn bearish. I’ll keep you guys updated on this, so remember to follow me to keep in touch with my daily analyses!
NASDAQ:AAPL
by Nathan_The_Finance_Hydra
1
ADA is gonna Reach 1.8$ One way or another.🌳ADA has been able to form a Rounded Bottom and It has not been Broken Yet but we can Hope It happens Soon and Satisfy Holders ! There are 2 Bullish Scenarios, One Is That The Price would Start to Increase From Here and reach 1.8$. another one is that the Price wouldn't be able to Break this Pattern and would Want to Do a Little More Correction.In that Case a New Pattern Will be Created which Is called a Cup and Handle Pattern.This pattern will Result in the Same achievement and The Expected Price (1.8$). So In Summary The Price Is gonna Reach 1.8$ one way or another. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
11
ZIL can Reach 0.08$ and there are 2 Bullish Scenarios!🌳ZIL Has been able to Form a Rounded Bottom! Right now There are 2 Bullish Scenarios. One Is that a Bullish Break out Happens Right away & The Price would Increase as much as the Measured Price Movement (The Length Between The Top & Bottom of The Rounded Bottom) another one Is the Price would Do a little more Correction Before Ascending further. In That Case The Price will Create a Cup and Handle Pattern and After That The Price will Be able To Increase . In Both Cases We can Expect the Price to Reach around 0.08$ Which Is a Pretty Strong Resistance as well. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
21
Weed stocksTLRY, CGC, SNDL, ACB So far this year looks like the weed stocks have found a temporary bottom. Most are curling off the bottom. TLRY has lots of resistance above but last few days has been pushing with increasing volume. Just keep an eye on them if they really start squeezing. Most likely will be looking at some calls this week to see if we can get some follow through. Of course it has been in a nice downtrend overall for over a year but I do like what I have seen last few days.
NASDAQ:TLRYLong
by InvestBro13
🌳FTM's Possible Movement In near FutureHello every one FANTOM / TETHERUS Fantom Is near It's ATH Now which Is quite Good. The FTM which We are Talking about Is a Great Project with a Lot of Potential. But We Want To Talk about Technical Stuff First. So as you Can See, The Price Is in a Big Rounded Bottom which Means The Price Is gonna Increase as Soon as A Break out happens. Since There Is No Break out, We Can Not Determine If It's gonna Happen or Not But when The Break out Confirms The Bullish Trend, We Shall See A Great Bullish Movement as Much as The Measured Price Movement (AB=CD). The Expected Movement Would Create a New ATH Far From This one So It is gonna Be hard & Take Some Time To do That So Please Be aware of This & The ATH right now Is Gonna Be It's Biggest Resistance around 3.4$. 🟡What Is Fantom (FTM)? Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm. Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds. The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019. 🔴This is only an idea and not a financial advise ( NFA )🔴 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
11
BLOK can Ascend Further.Hi every one BLOK/USDT BLOK has done a Impressive Movement lately but It seems This is only the Beginning! as you can see a Rounded Bottom is now Visible on the chart. This means The Price has a Chance to Increase Further as much as the Length Between The Top & The Bottom of the channel (Measured Price Movement). Since There is no Break out Yet,we can be sure about this Movement so we must wait for it to happen for Confirmation! ⚪Summery: -BLOK Is in a Rounded Bottom -Can Increase as much as the Measured Price movement! -No break out yet! 🔴This is only an idea and not a financial advise (NFA)🔴 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
15
Keep An eye on MATIC! We will see a move soon!Here's a quick look at MATIC 12 hr chart. As we can see, the price has formed a bigger rounded bottom formation, and we could see a bigger breakout soon! Definitely one to keep an eye on. The best entry would be, when the price breaks above the level shown in the chart with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the level shown in the chart and take profits at the levels shown in the chart. Targets: 1. 2.09$ 2. 2.25$ 3. 2.7$ - Profits can also be taken in the resistance zone . ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
MLong
by MBM_Crypto
4
(update) AVAX can reach 40$ after a pullbackHi every one AVAX/USDT This is an Update on the last analysis of AVAX. you can see That The Price has managed to Break this pattern successfully but there should be a Pullback to the new support which has been created recently .after that the price can reach around 40$ easily! Previous Analysis: 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
15
LINK/USDT is gonna boom soon!Hi every one LINK/USDT LINK/USDT is now in a rounded bottom. this means the price can Increase as much as the width of the this pattern soon the pattern must be broken first for confirmations. after that There is a strong resistance at 52$ for Link and a new support will be created at 32$. summery: -Link is in a rounded bottom -The pattern has not been broken yet, -after the break out happens, a new support is created at 32$ -target and resistance at 52$ 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
25
AAVE has Enough bullish Potential to reach It's ATH once again.Hi every one AAVE / TETHERUS AAVE/USDT has Just Formed a rounded bottom! this Means That AAVE is ready to do a Massive Jump in it's price.as you might know the price can Increase as much as the Measured Price movement (which in This case is as big as the Height of this Pattern.) so It means the bullish Potential For AAVE is pretty Big and It can Reach It's ATH once again!!we just have to wait for the Break out to happen. summery: -AAVE is in a rounded bottom -It can Increase to It's ATH once again If It manages to Break the Pattern. Previous Analysis: 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
35
PLTR: A very Technical Bullish Thesis.Hello traders and investors! Let’s see how PLTR is doing today! This is an analysis, but we’ll have a lot of educational content as well, because PLTR has many patterns to talk about. First, in the 1h chart, it seems we’ll reverse the short-term bear trend, as PLTR is doing a new high today, above the $ 21.70. This breaks the status quo , and it is something we haven't seen since the beginning of this bear trend, which started when PLTR triggered the Head and Shoulders chart pattern this month. This might be the start of something new. If it reverses, we might use the Breakaway Gaps to guide us next. Remember: Gaps work as magnets. They are breakaway gaps because they are losing their support levels (purple lines). Keep in mind that we have 4 types of gaps: Breakaway, runaway, common and exhaustion. There’s the idea of a Rounded Bottom pattern, as evidenced by the red line, and I find this pattern particularly hard to trade. It seems we can never tell if it is a true Round Bottom or not until we are already close to the target, which is the $ 23.39 , in this case. It is not perfect, but it has a Piercing Line pattern in the daily chart, as evidenced by the yellow square. A Piercing Line occurs when the price opens in a gap, below the previous day’s low, closes near its high, and covers at least halfway of the previous bearish candlestick’s body. What’s more, this pattern appeared just above the 61.8% Fibonacci’s Retracement. All of this creates an interesting and technical bullish thesis for PLTR for the next few days. What makes the situation more risky: The low volume in the daily chart, and the lack of bullish structure in the 1h chart (higher highs/lows). This makes me wonder if it’s too soon for PLTR, but the Risk/Reward ratio is good at this level. Either way, always use a good risk-management that suits your needs. Remember to follow me to keep in touch with my daily updates, and support this idea if you liked it! Thank you very much!
NYSE:PLTR
by Nathan_The_Finance_Hydra
6