I recently seen an article about Game Stop being at its lowest level of the year so i decided to glance at the technicals. From a Technical standpoint it looks pretty good. Here are a few reasons why i think this: 1) Price is approaching a nicely unmitigated demand zone. 2) The demand zone created a great deal of imbalance 3) There is liquidity above the demand...
Carvana (CVNA) is shaping up into a nice symmetrical triangle on the hourly chart. This type of pattern typically signals consolidation before a breakout, and it's looking like we’re getting close to a decision point. Price has been consistently making higher lows and lower highs, squeezing tighter within the triangle. Right now, it’s testing the upper trendline...
From analysis on the Weekly chart, bitcoin could continue pushing towards 44k before retracing or could soon retrace back to trend line before blasting off.
I spotted a bullish pennant, hinting at an upcoming price surge for ARM stock. However, caution is advised as the lock-out period ends on March 12, which might introduce volatility due to potential selling pressure. Keep an eye on this opportunity, but be prepared for any market reaction.
With bitcoin halving coming up a great play would be to get into crypto mining companies.
My trade idea is that Meta is preparing for a pullback. There is a divergence playing out on the weekly as well as a rising wedge. Already beginning to see some nice rejection at the supply level.
Helium is playing out a bullish pennant. Will provide more details shortly.
With the massive potential and partnership this coin its about time for it to blast off. Great entry at this price point
SBE is forming a triangle pattern. Waiting for a break of the upper trend and a retest.