Love this setup for EHTH: Major RunupEHTH looks primed for a major runup... All fast EMA's converging and crossing over from orange to grey with the slow EMA's turning from red to grey with a very bullish signal from GMMA oscillator all suggest to me this is entering a new bullish trend and will hit levels it hasn't seen since June-July
Upside
PLTR Bullish Symmetrical TriangleBullish symmetrical triangle has formed on PLTR...Watch price action... If a breakout occurs there should be some nice quick upside to $34
LULU Bullish Ascending TriangleReally nice bullish ascending triangle has formed on LULU. We just has a strong bounce off bottom support line and I believe the price will climb back up to 385 from here and then will attempt to breakout of the triangle. Price may hit resistance at this level however, If a breakout does occur I am confident LULU will hit new all time highs---$400+.
Bull Flag on COTY: Breakout Would Bring Big UpsideBull flag has formed on COTY. I will be watching price action in anticipation of COTY attempting another breakout of that top resistance line...If a breakout occurs we could see some bigtime upside to $12+....COTY will release its earnings on February 3rd and with all signs pointing to a beat, I believe this could be the catalyst for that breakout and big upside.
GBP/USD - Price flirting with 1.37 Price currently residing below 1.37 after a break above and break back under our whole level.
Are we going to see more downside movement during the week?
Or will price continue to test the upside?
Remember this pair is very fundamental - keep an eye on the news surrounding both currencies!
Angold Resources (AAU): Potential for big upsideOn the 1 day chart for Angold Resources you can see that my super guppy indicator has turned from Red/Orange to grey which indicates incoming volatility and a bounce in price. You can see that the fast EMA's are starting to converge and crossover with the slow EMA's which indicates a bullish reversal may be occurring. When looking at the 1 week chart we can also see a strong signal from our GMMA oscillator. In addition to this we are also starting to see the same convergence and crossover of our fast EMA's and slow EMA's on our 1 week chart that has formed on our 1 day chart. All this indicates a bullish reversal could be underway which would bring some really nice upside.
Bull Pennant on COTY: BREAKOUT= MAJOR UPSIDEA Bull pennant has formed on COTY and looks like it will attempt a breakout soon... If breakout is confirmed I expect to see some major upside to the $12+ level... I will watch price action as it approaches bottom support line and if it reacts as I anticipate I will strongly consider buying mid-February expiration call options
NANO/USD Bull PennantBull Pennant has formed on NANO... Following a bounce off the bottom of the pennant I am anticipating a run up back to the top resistance line and another attempt at a breakout...If a breakout does occur there will be some really nice quick upside to $5+... If a breakout is rejected it will be very important to watch price action closely as a break through of the bottom support line could bring some major downside to the $1.00-$1.50 level
CRSR Bullish Symmetrical TriangleA nice Bullish Symmetrical Triangle has formed on CRSR...It has just hit bottom support line and I anticipate a strong bounce back up to top resistance where it will attempt to breakout... If a breakout does occur we should see some nice upside to $50+...If breakout is rejected I anticipate the pattern will continue with a drop back down to support line followed by a bounce back to top resistance where it will attempt another breakout.
Microsoft Bullish Ascending TriangleA Bullish Ascending Triangle has formed on Microsoft and it looks as if it will attempt to breakout...If breakout is rejected I anticipate a drop back to $215... If breakout does occur I anticipate price will quickly climb back near all time high levels ($232.86) however it will likely find resistance here so it will be important to watch price action... Price could soar to new all time highs however I suspect there is more downside then potential upside in the short-term at this new price level.
EHTH has Broken Out of Bullish Symmetrical TriangleI published the following on January 6th: Bullish symmetrical triangle has formed on EHTH... Looks like it will attempt a breakout soon which would bring some really nice upside. If a breakout occurs I expect price to easily climb back up to $90 and anticipate it could go as high as $120. Based on my fundamental analysis I have a $115 price target for EHTH which is reinforced by the indicated chart pattern....
UPDATE on January 20th..... EHTH has finally broken out of the bull symmetrical triangle and is up over 8% on the day... I expect this run up in price to continue and fully expect to reach price target 1 in the very near future.... It will be important to continue watching price action as we approach target 1 level as we may hit some resistance here, however, if we break through this price target I am confident EHTH price will reach the $110's
EHTH- Bullish Symmetrical TriangleBullish symmetrical triangle has formed on EHTH... Looks like it will attempt a breakout soon which would bring some really nice upside. If a breakout occurs I expect price to easily climb back up to $90 and it could go as high as $120. Based on my fundamental analysis I have a $115 price target for EHTH which is reinforced by the indicated chart pattern.
Cardano (ADA) Explosive Upside 2021Just looking at a long term chart analysis of Cardano's (ADA) Bitcoin pair from 2018 is pretty exciting. Currently trading at 1000 Satoshis we still have about a 700% climb before we even begin to re-test all time highs on the Bitcoin pairing. I believe it's about another 350% climb from the U.S. Dollar pairing until we re-test all time highs. With that being said there's plenty of room for growth.
If you're still looking for a strong project with sound fundamentals that still has a lot of upside, not overbought or in price discovery phase, then consider researching Cardano (ADA) to add to your portfolios or positions for this bull run.
Cardano (ADA) has one of the biggest academic research teams in cryptocurrency and it remains a 10 cryptocurrency. With the growth of entire market and more news of innovators developing on the on the Cardano (ADA) blockchain this year we can definitely expect Cardano (ADA) to inevitably re-test those 2018 all time highs this year.
If you believe in the Cardano (ADA) project then these are great times to take a position or get a nice bag together at these price levels. It is still early for Cardano (ADA).
Major Resistance Area: 1500 Satoshi
Current Support Area: 750 Satoshi
Analysis EURUSD Short term LONGhello traders, EU made a clear double bottom . What it looks here that its forming a bullish engulfing on to the short term buy. it have knock liquidity below already meaning already toke some profit before moving to the upside. There is resistance above so EU is not far from it.
Double Bottom on SGENDouble bottom has formed... Look for strong break through of resistance. If breakthrough occurs we will see some nice upside to $200-$215
SOLO Still Consolidating, Ready to PopSOLO has been consolidating too long, Low IV and large upside potential with EV being hot, I like $7 weeklies here!