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VCP

(US) LPX VCP Setup Follow UpLPX previous breakout from C3 early Oct is unsuccessful where price sell down back. This sell down created C4. This 2 day price shown strong recovery after ER release. C1: -31% C2: -10% C3: -6% (unsuccessful) C4: -13% Tomorrow will be the dividend ex date and let's monitor the movement. Might form a small handle first before attack. Disclaimer: Not a buy call recommendation, just sharing on chart pattern formation based on my personal experience. Trade at your own risk.
NYSE:LPXLong
by adamkhoosk
JFTECH VCP SETUP Follow UpPreviously mentioned JFTECH VCP setup in July. Unfortunately, it decide to go another contraction and seem like we have a tight once again. The entire VCP setup shown in Weekly chart as below: C1: -42% C2: -20% C3: -12% C4: -6% Let's monitor if this round successfully breakout with volume follow through or not. Disclaimer: Not a buy call recommendation. Just a my personal opinion in technical analysis through chart pattern and technical indicator. Trade at your own risk.
MYX:JFTECH
by adamkhoosk
2
MATIC / USDT BreakOut incomming?So Guys - today I am going to show you a small technical analysis for MATIC / Polygon Background information about the coin: research.binance.com Important: I have to mention that I am already invested in the coin - this could cause a conflict of interest. Here is the analysis: The Coin has been in a sideways phase since June. Between 14 June and 04 September, a so-called Cup With Handle Formation has formed (yellow). The BreakOut has been sold off on 05 September under high volume. Since the "Fake Break Out", the price has again dipped into the sideways phase and is currently forming a so-called Volatility Contraction Pattern (green), which could lead to prepare a sustainable breakout. A reversal candle was formed on October 23. A strong close above this candle would cause me to open a first additional position at 1.70. My stop loss would be set at about 1.33. Important: This analysis is purely for educational purposes and is NOT an investment recommendation. You have your own brain - use it ! Good luck
M
by think_and_trade
3A VCP Setup3A recent developed a VCP setup. C1: -9% C2: -8% C3: -3% Price breakout at tight area (C3) on 6 Oct and that is the first position. When price breakout, the volume follow through. After the breakout, there is a 8 days natural reaction occur with volume shrinking. 22 Oct observed a tennis ball effect with volume follow through. Top up second position at 1.07. Let's see next week how it will develop. Disclaimer: Not a buy call recommendation. Just my personal interest on sharing through chart pattern and technical analysis. Trade at your own risk.
MYX:3ALong
by adamkhoosk
KGB Short Base VCP SetupPrevious I feature KGB back in 24 July. After the price surge about 57%, supply occur and it take one month to re-setup a small base VCP to digest out the supply. (indicate in grey pin in the chart) During the re-setup, higher low appear with 3 contraction below: C1: -12% C2: -6% C3: -3% Last contraction C3 appear to have shrink volume. Demand re-enter on 22 Oct breakout C3 stand back above MA20. Will the game continue? Let's monitor next week. Disclamer: Not a buy call recommendation. Just my personal interest on sharing through chart pattern and technical analysis. Trade at your own risk.
MYX:KGBLong
by adamkhoosk