Anchored
NIO is on a bounceNIO has descended into its demand zone as shown on the 2H Chart.
It is now above the POC line of the near-term volume profile.
I will take a trade here setting a stop loss of 7.33 below the near-term high
volume area. The first target will be 7.6 which is approximately the anchored
VWAP ( thick black line ) confluent with the POC line of the intermediate
term volume profile to take half the profits. The remainder of the position
will target 8.9 which is just below the selling volume shelf at 9.0.
Tipranks has a longer term target of 14 ( see the link below)
4000 has become an important levelspx futures 4000 has gone from a psychological level to a very important technical level. auto fib extend and auto vwap are telling me we have retraced enough for 4000 or just above to be stiff resistance in different paths or areas marked out with brush or horizontal lines.
ANC next move + 50 % next weekANC next move + 50 % next week
I see capital transfers from LUNC to LUNA and ANC, I think we will see similar pumps
ANC longANC USDT
Giving beautiful buying opportunity from my highlighted zones
Not A Financial Advice
HAPPY TRADING
#ANC / $ANCANC Ready for another Pump
Adam and eve patter after confirmation will send it back to where it was before the crash.
ANCUSDT - SETUPANCUSDT price broke the horizontal, as well as the falling trendline support and price, is moving in positive momentum. If bulls drag this rally and dominate they can easily transfer the weight towards the next possible resistance.
Looking for potential breakout in either a short or shorter timeGold currently trading within a young range between the floor of approximately 1830 and the ceiling of approximately 1844.00.
We expect this to be broken throughout the trading week ahead with price break closing and retesting the technical level above and rising upto approximately 1855.00 as a rough ball-park price forecast.
If price fails to breakout of the ceiling of the range, we expect the range to continue within the current range highs and lows.
Be aware, the FED interest rate decision is this Wednesday which is likely to cause additional market volatility.
Fed Chair Powell will be talking inflation and also monetary policy projections. Currently looking at Q3 for rising rates but could be pushed up to Q2 if inflation data confirms.
Bullish anchor breakoutOpportunity for a pre-market close idea in USTech stocks today.
Price currently sitting beneath immediate resistance. Should price breakout and form new high above the anchor (highlighted in yellow) then we expect a rise to the upper limit above.
Should price fail to create new high and continue to sit beneath the current anchor point, it's a simple case of sitting on your hands!
Anchored VWAP provides support again for AppleThe anchored VWAP (MIDAS) from the January 31, 2017 buyable gap up provided support again for Apple 4.18% . Apple 4.18% is back above its rising 200 day MAs (thin red curves are 200 ema and 200 sma - see below). Price is below most of the shorter term MAs which are now declining (a few quality EMAs are shown below).