🌞 SUN pumped 55%. Is this a breakout?Hello, dear TradingView members.
This is a SUN idea.
SUN suddenly had a 55% pump in the market and became today's top gainer.
There is not enough volume in the market to support this pump, and also, there is a solid resistance level on the way up, pushing down on price.
The price still hasn't successfully passed the local resistance level, so do not FOMO and wait for better confirmation.
There are two scenarios in the current situation:
Scenario One:
The price will pass the local resistance and move to the solid resistance area and gets rejected and falls back on the local resistance and turns it into support.
Scenario Two:
Local resistance will reject the price and fall back to the half-shadow support levels.
RSI is in the overbought area, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
SUN
SUN USDT time for bouncei will set a buy order at 0.00561,if this is filled,i will look for an exit at 0.00594
which is 6% and at 0.00612 which is 9.2% profit.
in case it goes wrong,i will cut my losses if 4h candle closes below 0.00551 at 1.9% loss
spot only,sun is unavailble at binance futures.
i will cancel this if the order is not fill in the next 24h and i will update here
Follow for more signals!
Heliocentric Jupiter on the Sun March cycle using 1st block dateThis is an interesting Gann chart highlighting March Sun cycle with Heliocentric Jupiter natal degree for bitcoin.
This chart includes the quintiles both in price and time which appear to provide solid price and time price resistance/support levels.
SUNW Expected to Beat Earnings Estimates on March 11Sunworks, SUNW, is expected to post quarterly loss of $0.21 per share, a year-over-year change of +25%, while revenues are expected to be $29.5 million, up 243.8% from the last year quarter.
Sunworks provides photovoltaic based power systems for the agricultural, commercial, industrial, public works, and residential markets in California, Massachusetts, Nevada, Oregon, New Jersey, and Hawaii.
My price targets for SUNW in this energy booming economy are $6.40 and $8.05.
Looking forward to read your opinion about it.
TRX/BTC 1W. Potential Inversed head and shoulders.TRX/BTC 1W consolidating in small range. Price can't go lower 152 satoshi level.
Potential falling wedge is forming inside the right shoulder of potential IH&S(Inversed head and shoulders).
Potential zones, where the price can fall, or where it can come, I've showed on chart.
SUN on a Rising Channel to Submit a New ATHSUN digital currency analysis in terms of USDT pair, in a 4-H Time frame shows us a medium-term uptrend channel in which the price fluctuates properly on the floor and ceiling of this channel.
With the recent price changes of Bitcoin, the bottom of the channel has been touched once again, which creates a good opportunity to enter into a buy transaction.
Within the specified range for purchase, by observing the capital management (maximum 5% of the total capital) and to about the profit in the target points, respectively, in each part, 1/3 of the total amount can be withdrawn.
Given the recent fundamental events that have taken place in this currency, it is likely that it could easily grow to the halfway point of the first step.
DYOR
SUN | Possible Powerful 3-Drive Harmonic Pattern |Entry@BreakoutSUN | Thailand SET Index | Food Sector | Chart Pattern Trading
Chart Pattern: Possible a powerful THREE-DRIVE HARMONIC REVERSAL
Price Action: Entry@Breakout and Retest Area of Support
Indicator: RSI Bullish Divergence
Always respect your stop-loss
Good Luck
Impulse done on Sunoco. SUNAnother impulse finished. We are going down.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Bitcoin Bullish Divergence Before Thanksgiving.Hi traders, Bitcoin is starting to form a bullish divergence on the daily RSI. This is what we look for prior to a potential reversal. MACD is showing signs of reversal. Bitcoin is starting its move out from the descending triangle it's in. In the 2017 Bull Run Cycle Thanksgiving day was VERY Bullish. Thank you, leave a like.
HIMX swing ideaI decided to take another look at HIMX on the technical level because fundamentally, this a great company and it offers some fantastic price action, plus I saw a few bullish sweep alerts, you can see the volume coming in on those further dated strikes. The volume is also high when compared to the open interest, again only on certain strikes/expiry. NASDAQ:HIMX
This is a simple swing trade.
My stop loss is $9.75.
Lot's of 20-30% moves in a short period of time.
The price has been respecting this channel it trades in, a high of around $14.00 - $16.00 and a low of where we are about now. I plan to swing it back to the $12.00/$13.00/$14.00 range.
I really like this company so I will probably exercise one or two of those contracts, they pay a dividend and my thoughts are that HIMX will trade in sympathy with the china tech and e-commerce, even though it's Taiwanese, it get's the kind of the reg-fear and volatility you see with the former. They also pay a dividend at a rate of 2.57% and a PE of 5.42 is almost free compared to most stocks.
Compare MCHP at 89 P/E and MX trading at only 12x. By the way MX chart looks like a very similar price fade in a similar way HIMX did. If semi conductors are strong the rest of the week I think we'll see HIMX start making it's move up the top of the channel.
Please share your thoughts, I'm more than obliged to hear them.
SUN DAO Acquires JustSwap, Potential Break Out IncomingSUN has voted to acquire JustSwap and rebrand it to SunSwap. A portion of fees earning by SunSwap will be used to buy back and burn SUN. This adds a new layer of productivity to the SUN tokenomics.
The SUNUSDt chart has been ranging for quite some time and there is some early indication we may be breaking out. Good to be watching this chart.
SUN ForecastHi,
sun completed its triangle and moving out from it for breakout.
seems like very good move to earn aprx 100 % profit as per feb retracement.
targets have been marked accordingly.
this idea is for educational purpose only.
please feel free to write in comments to provide your valuable feedback.
good luck