Targets
Bitcoin - Is a 20-24k in the cards? 200 week ma & logarithmic In this video:
* Where must we close today/tomorrow? (0:00-3:30)
* Why additional variables outside of technical analysis only mess with good technical analysis (3:30-4:30)
* Is this really a valid H&S pattern? (4:30-6:30)
* What I need to see for further confirmation down (6:30-11:30)
* A look at the weekly chart - M pattern spotted (11:30-13:25)
* A logarithmic view (13:25-17:00)
* 200 week moving average (17:00-End)
Bitcoin Technical Analysis After a massive selloff in crypto market, Bitcoin has lost around 22% of its value in this week and has broken two important support levels (40K and 37-38K) and now trading at a local support near 35K. Bitcoin needs to hold 35K support line, otherwise further dump can push Bitcoin down toward the major support area (around 30-31K) for now. The bulls trying to push Bitcoin upside toward 37500 (as indicated by the first target line on the chart). If bulls can successfully break that resistance line, they can then try to achieve the second target which is to reach the major resistance area (around 40K - 40500) which was a major support area before the massive sell-offs which then became a major resistance area for now.
The global political and financial crises will have a major impact on the Bitcoin price movement. Especially the political escalation between Russia and United States over Ukraine as well as the possibility of US FED interest increase.
BTC, We were aware of Possible massive decline on 20 Oct 2021We considered a possible massive decline scenario for Bitcoin just after it recorded a new ATH ! :
At that time , Few people could even imagine such a decline . There are some alternative scenarios for BTC now e.g completion of a large degree wave cycle with ATH to be the top of wave 5 ( See related idea for details) however, most of them suggest same buy zone . Interesting !.
Please note suggested wave count on this chart is slightly different comparing to may last publication on BITCOINe and considerably differs from what I published on 20 Oct 2021 ! I showed these differences deliberately to depict how they converge to same numbers and hence same buy zone!
What is important is to recognize every possible scenario in advance and keep all of them in mind when trading !
Time proves the value of an analysis.
Good Luck everyone !
A serious and provable trend for bitcoinIn today's Bitcoin crash, a new price floor was created for Bitcoin, and the created triangle proves my idea for an ascending target of up to $ 70,000.
As you know better. The price has dropped from $ 67,000 to $ 37,800. Of course, in the created triangle, there is a possibility of a price fall, which seems unlikely given the 48.80% fall of the previous price ceiling for Bitcoin.
Follow my next idea for a new price target if the price drops from the bottom of the triangle.
Please be sure to comment for me.
Friends who agree with me or have a better opinion, please leave a comment.
I wish you all the best
BTC COULD HIT 10500$ (HEAD & SHOULDER IN FORMATION)
Bitcoin looks it could build an Head and Shoulder Patter which could bring the price hit 10.500$... Exactly where Volumes are the most (see in the chart the red line which is the point of control). Obviously it must first break the neckline.
If the price doesn't build the second shoulder and break directly the neckline, the target would be no more 10.500$ but 20.000$.
Let me know if you agree with a like or let me know your thoughts in the comments.
I wish you the bests trades. BYE BYE ☺️
XRP - Looking for a breakoutHeading down towards the previous support level of 0,82307. Lets see if we can hold that level and bounce back up towards the 0.382 fibonacci level of 0,91932. We also formed a death cross so not looking good at the shorter timeframe. On the otherhand the RSI is hitting the bottom of the zone so is looking for a bounce. Getting some mixed messages! Let me know what you think is going to happen next, would like to get some feedback:)
$BKKT: SI 35% | BC 140%Bakkt Holdings, Inc. operates a digital asset platform. Its platform enables consumers to buy, sell, store, and spend digital assets. The company was founded in 2018 and is headquartered in Atlanta, Georgia. Bakkt Holdings, Inc. is a subsidiary of Intercontinental Exchange Holdings, Inc.
$AEY Support and ResistanceADDvantage Technologies Reports 61% Revenue Growth for the Fourth Quarter of Fiscal 2021
ADDvantage Technologies Group, Inc., through its subsidiaries, distributes and services electronics and hardware for the telecommunications industry in the United States, Canada, Central America, Asia, Europe, Mexico, South America, and internationally. The company operates through two segments, Wireless Infrastructure Services and Telecommunications. The Wireless Infrastructure Services segment provides turn-key wireless infrastructure services for U.S. wireless carriers, communication tower companies, national integrators, and original equipment manufacturers. This segment also offers installation, upgradation, and maintenance of technology on cell sites; and the construction of new small cells for 5G. The Telecommunications segment provides central office equipment that include optical transport, switching, and data center equipment for communication networks; customer premise equipment, such as integrated access devices, channel banks, Internet protocol private branch exchange phones, and routers; and decommissioning services for surplus and obsolete telecom equipment. The company was formerly known as ADDvantage Media Group, Inc. and changed its name to ADDvantage Technologies Group, Inc. in December 1999. ADDvantage Technologies Group, Inc. was incorporated in 1989 and is headquartered in Carrollton, Texas.
Weekly target hit on Monday, so how to trade expiry?Hey guys!
Our weekly target of 16696 was hit on Monday itself due to a gap down and fall in nifty.
Yesterday and today, the markets have recovered and started the move from swing low to swing high. Therefore, the expectation tomorrow is bullish with a target of 17024 and 17170 after which nifty has the decide the direction.
However, the trenline is important and if it is broken, it can lead to a huge fall again.
Expecting a Gap up opening tomorrow and if Nifty opens in the channel shown in chart, it may consolidate after touching 17170 for a while. Break out from that channel is important and decisions can be taken based on that.
Please comment your views and ideas 💡 🙏. Thankyou!!
*for educational purposes only*
Putting in a Limit Buy Order on Jasmy Coin @ .0737 CentsTraders,
Those of you who are my paid substack subs know that I stopped out of Jasmy a week or so ago. I have since been looking for a new area to re-enter. I believe we are near our new target down. I have placed a buy limit at .0737 cents.
Swing targets remain .27/.28 cents up to .39 cents.
I hope to capture my buy price tonight or tomorrow night. If I don't get in at that price, I will re-assess and re-evaluate the charts at that point.
Best of luck traders!
This is where I start looking to re-enter - 42-46kHi Traders,
A non-video post for you all here.
Bitcoin, under the ascending BLACK trendline, has now entered into bearish territory. But, as I have explained numerous times throughout my daily update videos, I do NOT think this is the beginning of a longer-term bear market. This, quite simply, is a pull-back that may last for a few more weeks or through mid/end of December. Why? Institutional investors and hedge funds are collecting profits. Re-allocation will begin in Jan-Feb, at which time Bitcoin should turn bullish once again.
Time, price, pattern. That was the time aspect. Now onto price and pattern.
We are in bear territory. Slightly. But still. Looks like a bear flag has formed on the daily, but we also have adequate support below us at anywhere from $42,000 to $46,000. Long term hodl'ers don't seem to be releasing their grip. Lots of volume below us according to VPVR as well as the 200 day. Additionally, two potentially significant uptrending lines for support. All of these are strong arguments for a near bottom in this drawback soon.
Stock markets are bearish. Yes. True. I've stated my case for this in the last several videos but you may view my last one in the related links below. In correlation with the stocks becoming bearish, Bitcoin has followed suit. However, I am not sure how long this correlation will last? Maybe it continues and the stock market bulls return pulling bitcoin up with it? Maybe a de-coupling occurs and stocks continue to be bearish but crypto turns bullish? This all remains to be seen.
What I can read from the charts is that it does look like our crypto space is nearing a bottom on this current drawback. A few more days or maybe weeks and I should be able to start putting together some decent setups once again.
Stay tuned and until then, trade safe all!
-Stew
$PETV Support and ResistancePetVivo shares are trading higher after ThinkEquity initiated coverage on the stock with a Buy rating and a $7 price target.
PetVivo Holdings, Inc., a veterinary biotech and biomedical device company, engages in the licensing and commercializing of medical devices and biomaterials for the treatment of afflictions and diseases in animals. Its lead product is Kush, a veterinarian-administered joint injection for the treatment of osteoarthritis and lameness in dogs and horses. The company's pipeline products include 17 therapeutic devices for veterinary and human clinical applications. PetVivo Holdings, Inc. is headquartered in Minneapolis, Minnesota.
$VYNE Support and ResistanceHC Wainwright & Co. Assumes VYNE Therapeutics at Buy, Announces Price Target of $7
VYNE Therapeutics Inc., a pharmaceutical company, focuses on developing and commercializing various therapeutics for dermatology. The company offers AMZEEQ, a topical minocycline used for the treatment of inflammatory lesions of non-nodular moderate-to-severe acne vulgaris in patients 9 years of age and older; and ZILXI for the treatment of inflammation lesions of papulopustular rosacea in adults. It is also developing FCD105, a topical combination foam that has completed Phase II clinical trials for the treatment of moderate-to-severe acne vulgaris; and FMX114, a combination of tofacitinib, which is in preclinical trial for the treatment of mild-to-moderate atopic dermatitis. The company was formerly known as Menlo Therapeutics Inc. and changed its name to VYNE Therapeutics Inc. in September 2020. VYNE Therapeutics Inc. was founded in 2003 and is based in Bridgewater, New Jersey.
$ACET entry PT 12.70-13 Long term Target PT 32 and higherGuggenheim Maintains Buy on Adicet Bio, Raises Price Target to $32
Adicet Bio, Inc., a biotechnology company, discovers and develops allogeneic gamma delta T cell therapies for cancer and other diseases. The company offers gamma delta T cells engineered with chimeric antigen receptors and T cell receptor-like antibodies to enhance selective tumor targeting, facilitate innate and adaptive anti-tumor immune response, and enhance persistence for durable activity in patients. Its lead product in pipeline includes ADI-001, which is in Phase 1 clinical study for the treatment of non-Hodgkin's lymphoma. The company also engages in the development of ADI-002, which is undergoing preclinical studies for the treatment of various solid tumors, including hepatocellular carcinoma, gastric cancer, and squamous cell carcinoma of the lung. The company is based in Boston, Massachusetts.
Basic Attention Token Entry Level Reached! Target 2.10 - 2.50 🚀In this video:
* We discuss the area of entry (our target down) which we have reached
* We discuss entry strategy
* We discuss our final target of $2.10 - $2.50 for Basic Attention Token.
$SPCE entry PT 15.10-15.15 Target PTs 49-55 and higherVirgin Galactic Holdings, Inc., an integrated aerospace company, develops human spaceflight for private individuals and researchers in the United States. It also manufactures air and space vehicles. The company's spaceship operations include commercial human spaceflight, flying commercial research, and development payloads into space. In addition, it engages in the design and development, manufacturing, ground and flight testing, and post-flight maintenance of spaceflight vehicles. The company was founded in 2017 is headquartered in Las Cruces, New Mexico.
$LGVN entry PT 25 Target PTs 43-49 and higherLongeveron stock is up by a multiple of 11 after the FDA gave a Rare Pediatric Disease designation for a heart medication last week.
Longeveron Inc., a clinical stage biotechnology company, engages in developing cellular therapies for aging-related and life-threatening conditions. The company's lead investigational product is the LOMECEL-B, a cell-based therapy product that is derived from culture-expanded medicinal signaling cells that are sourced from bone marrow of young healthy adult donors. It is conducting Phase 1 and 2 clinical trials in various indications comprising aging frailty, alzheimer's disease, metabolic syndrome, acute respiratory distress syndrome, and hypoplastic left heart syndrome. The company was incorporated in 2014 and is headquartered in Miami, Florida.
Jasmy Coin - Chart along with me. Let's find potential targets.In this video:
* I take you through a basic charting process
* We look at data, collect clues, discover indicators, that might help us determine future price targets.
* Final targets could be anything from .27 cents to .42 cents depending upon price, time, and pattern.
Best of luck traders!
🚀🚀🚀LITECOIN 🚀🚀🚀🚀 My Litecoin technical analysis
I go over a bullish bat formation
stop levels,
take profit levels
Entry levels
risk to reward profile
also go over trend continuation trades.
entry, stops, and target on them too
What a three-point move is.
What an Impulse leg is
lots of information in short time.
watch it couple 20 times
This is the rules I use
Video is ok imo
I hope to do better in the future
me learning
share if you found value
Thanks
GL on your trades
Remember
A good trade setup can be a losing trade