It looks to me as if RCL is a corrective move to the downside. RCL is interesting as price action brings the actively traded value of the stock down to 37 Baht, some 30 Baht away from it's all-time high. Despite convincingly bearish PA since August of 21' RCL has posted great profits, with higher revenue and somehow, a higher profit margin every quarter. Their...
I saw a really interesting chart from MartyBanks about DoDo, I've linked it in the related ideas. So I decided to look back and chart DoDo. After a massive dump it found support on the weekly level and more recently bouncing from daily support. From there we had a clear market structure break on the daily. You could make a case and say that we actually had...
GGG is retesting after its first bullish MSB in a while. I'm adding more GGG at the .786 retracement from the MSB swing high and low, $0.8749. I'd like to see good moves for this but trading with a SL is always recommended, even if you're feeling bullish.
I got my first long target at .03269, I still have my order at .03200 open. CERE has come off a pretty clean MSB and I'm adding to my position here. SL placed at .02925
Sentinel One is a a relatively young cyber security company which had it's IPO last June. It was safe to say the IPO went well, it was the highest-valued cyber security stock IPO. 40.3 was the lowest price wicked to, that's the area of monthly support we're essentially at today. Cyber-Security is a fascinating space, S is a chart to keep your eyes on if you have...
I was attracted to this chart from a Technical Analysis point of view and reward: risk ratio on a potential trade. Price has finally found support at a previous Weekly level after dropping 95% from all time high. It seems as if there is more upside potential than downside potential. I'm not going to buy here. If I buy, it will be at the fib levels outlined in...
I've been watching how to see how AVAX reacts to the range here. We're now back above the 21 week EMA after finding strong support at the weekly order block. If Bitcoin has a retracement of some form it is always good to have entry plans for some good charts. AVAX is one the coins I have turned to look at, it has quite an interesting chart will a...
The 5D time timeframe is showing us a decrease in selling volume and price responding well to previous support where VeChain spent some time last February, with a wick touching .04416. The smaller time frames like the 4H indicate that we have found some support at current prices. I had my orders filled earlier but will still be keeping an eye on VeChain and...
Bitcoin's PA of late has seen price go through resistance like a hot knife through butter. We went up quickly and earlier than many had expected, myself included. I picked up some DOT earlier, but not as much as I'd liked to. This scenario presented could be a decent buy if Bitcoin retraces to the 42k or 40k area, clean some liquidity and fill the FVG areas...
Analyzing the range that GALA has been trading in we can note that it has retraced significantly from the weekly range swing high and low. On the most recent swing high and low the Fibonacci retracement acts in confluence with some key areas outlined the chart to create a potential entry point. As always much of this is influenced by Bitcoin's price action. We can...
In my previous idea about GALA I presented a bullish scenario. My ideas are still the same. It was nice to see the wick bounce off the daily level. When trading alts its always a good idea to take a look at Bitcoin's PA. I'm still cautious and being conservative with SLs in this range. We've got our elbows up on the 4hr MACD and I'm looking to see if I can get...
Rice is an integral part of life in many countries, particularly the ASEAN region. It also plays a key role in the economies in the some of world's most populated regions. Countries like Malaysia have seen annual growth in exports of 6.3% annually over the last decade. Rice exporting leaders in the region, Thailand and Vietnam, have also maintained small growth in...
Bitcoin has seen some strong PA recently, running straight through resistance to 45,000. I've been looking for good alt trade opportunities if we got a retrace to FVG targets for Bitcoin. This chart tells us we could potentially be entering a good area for a LINK trade. Recently LINK failed to make a double bottom on the weekly, courtesy of Bitcoin going for some...
Torum attracted a lot of attention once they were listed on KuCoin, pumped to a high and then fell subject to immense selling pressure. I've had my eye on this project for a while and it has been tempting to "buy the dip". Similar to many alts, $XTM has been heavily affected by the #Bitcoin downtrend since 69k and has struggled to regain solid footing in these...