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Hammercandle

Matic 1D chart possible incoming Resistance levelsHello frieand. like you see in my shared chart , matic is in a disjoint channel and runnung sideways. nowadays we are in the mid-line of this channel and we see a strong bullish Hammer in this position. also we see very good volume and its possible they are buyers! if we go upward the first important resistance level is 0.5500 and if we cross this level we will reach about 0.6700. please share your opinion and improve my skills friend. we together can rise up. help each other to grow. teach me something new. i will be happy. thank you all my dear friends. !!!NOTE!!! MY POSTS ARE NOT TRADING AND INVESTING ADVISE SO TRADE ON YOUR OWN STRATEGY AND CONSIDER MARKET RISKS.
MLong
by TraderAmin-KZ
2
Short-term technical upward move likelyThis is a short-term trade. On the technical side, we've got the following things that make a bullish move more likely: According to seasonality, in the last 15 years, only in one year went the price down within the timespan from the 7th of May until the 23rd of June. So, it's a bullish time for this stock according to seasonality. The prior inverse H/S pattern got broken; the price went up, came down, and tested precisely the neckline yesterday. A clear hammer candle formed yesterday.
NASDAQ:DXCMLong
by p4917
XRP Head and shoulders, Trend reversal? LONG ALREADY? 🚀🚀🤠Hello everyone, A very possible scenario for XRP with head and shoulders. The RSI level is at a very low level, which is a pro-growth signal. Ready for breakout. When we break the top line of the flag (around $ 0.69), we can start a new trend. If the price closes at $ 0.658 on Sunday (30.01), a weekly "hammer" will form, which also corresponds to the trend change. Once the patent is drawn, there is a good chance for growth, but literally anything can happen on the market. I also predict declines. A strong place to push the price down is the top line of the flag (around $ 0.69). Then the bears will try to break the resistance line at $ 0.55 and then $ 0.51 Comment and like, Greetings
Long
by SayMoney
The power of tension and a inversted hammer candle...As you can see on the SBEV chart, there is a build-up of tension towards the end and an inverted hammer candle. The long upper wick of the candlestick pattern indicates that the buyers drove prices up at some point during the period in which the candle was formed, but encountered selling pressure which drove prices back down to close near to where they opened. When encountering an inverted hammer, traders often check for a higher open and close on the next period to validate it as a bullish signal. After this the price blew up from around 1.05 to 4.35 which is mor than a 4x And now some math, if you had invested 100€ at 1.05, and cashed out at the top (4.35), you would now have 414€ which is 314€ made in only 3 days. Here is the calculation: 100/1.05 = 95.238 95.238x 4.35 = 414,2853 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ If you enjoyed this post and agree with me, a like and a sub would be very nice : ) Stay updated for more content Bye! ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AMEX:SBEVLong
by xtekky
3
DKNG: another bounce candidate?DKNG : Some pros and cons to play a potential bounce. --Big Wyckoff distribution on weekly and daily. ++ Hammer candlestick on weekly (indicating bullish reversal if next candle confirms it, i.e.we get follow through) ++ Bullish RSI divergence on daily (that you can't see on my weekly chart) Since I like the set up I will look for an entry today, but only for a swing trade (maybe 1 or 2 weeks max ). My target is around 33-35 . Be careful below 27. Trade safe!
NASDAQ:DKNGLong
by Elpidaldo
19
$RBSH 350k Mrkt Cap, 9mil Float, Completed Turnaround Last Month$RBSH This has a 9mil Float, MM's walked it down on low Vol after a recent RS... Volume has come back with over 10x the 10Day Ave Vol, Accumulation out the roof, all indicators pointing to breakout soon... The Co just Completed a turnaround, New Officers Juts took over along with Ticker & Name Change...( Formerly Inspyr Therapeutics, now Rebus Holdings Inc ) They have Clinical Updates Coming, multiple patents, and also just reacquired some additional patents. See Link Below 15 U.S Patents, 40 Pending World Wide Applications - Clinical Trials Happening Currently - Google - inspyr-therapeutics-announces-holding-company-110000130 (Sorry, Can not post Link) So understand this - For this to have a $40 Million Market Cap which it did in 2021 - Now with the current SS, the price of $RBSH needs to be at $4 - Currently at $0.04 Cents = 1000% Up from here. No pumping needed, look into Inspyr. - FDA Meeting Held 2021 - Clinical Updates Coming - Inspyr had a market cap of 100 Million - Current market cap =350,000 - OS is 10 Million - Float - 9 Million Took positions .035-.04 so far, will add on .05 Break inspyrtherapeutics dot com rebus-corp dot com Patents + FDA Clinical Trials - Developing targeted cancer therapeutics that delivers a potent, unique & patented drug that directly treats breast, prostate, bladder, kidney, and lung cancer. Inspyr Therapeutics, Inc. is an integrated clinical-stage biopharmaceutical company focused on the development of targeted cancer therapeutics for the treatment of cancerous tumors, including breast, prostate, bladder, kidney, and lung cancer based on the development of novel therapies to treat cancer, inflammation, and other serious diseases. Through a merger with Lewis and Clark, Inspyr has a proprietary, industry-leading technology platform based on adenosine chemistry and biology and a broad pipeline of novel therapies. The pipeline includes Mipsagargin, a dual A2A/A2B antagonist, an A2A antagonist, an A2B antagonist, and an A2A agonist. Inspyr Therapeutics develops curative cancer therapies that are core to the principles of finding the best way to cure or extend human life. Its innovative approach to drug delivery is expected to maximize anti-tumor activity while minimizing side effects. Inspyr’s technology platform combines a powerful, plant-derived cytotoxin (thapsigargin) with a prodrug delivery system that provides for the targeted release of the company’s drug candidates within a tumor. Inspyr’s lead drug candidate, mipsagargin, is activated by the enzyme PSMA, which is found at high levels in the blood vessels of liver and glioblastoma cancers and in the blood vessels of almost all other solid tumors. Mipsagargin is expected to have potential efficacy in a wide variety of tumor types. The company involves in the discovery and development of pro-drug cancer therapeutics. A pro-drug is an inactive precursor of a drug that is converted into its active form only at the site of the tumor. Its pro-drug development candidates include G-202, which is in Phase I clinical trials and targets the blood vessels of various solid tumors; and G-114, G-115, and Ac-GKAFRR-L12ADT, which are in pre-clinical animal models for the treatment of prostate cancer.
OTC:RBSHLong
by HDOGTX
Possibele Bullish Hammer Candle?After the hard Fall which just occurred for Bitcoin , it managed to rally up again, leaving us with a potential "Bullish Hammer Candle". The Hammer Candle is not yet confirmed, so taking a Trade right now is not recommended. The Hammer Candle gets confirmed if the following Candle closes above the closing price of the Hammer Candle itself, ideally, with sings of strong buying. Traders often enter a Long after the Confirmation, stop loss often placed slightly below the shadow of the Hammer Candle. If you like my Content, hit the 👍 and/or comment and make sure to follow. This Analysis is not intended to be investment advice. Always DYOR.
COINBASE:BTCUSDLong
by blauersamt
2
$TMUS Weekly updated T Mobile swing trade working, JAN 120calls up 18% now . Should have loaded more after hammer candle but had plenty of risk on already. Momo turning with weekly MACD ready to cross (bullish confluence). Want to see continuation and EMAs to cross, also need to chew through overhead $124 supply. If this holds will expect another leg up. Been anticipating a "NKE like" move since NOV. Good ER and plenty of tutes buying thinking Q4 - Q1 2022 ripper. $124 first PT then see how price action is at that level. Trade remains valid so long as higher lows are put in.
NASDAQ:TMUSLong
by FriscoTrades
Learn To Trade Technical Analysis Hammer & Shooting StarHey Traders today I wanted to go over what I believe is one of the best ways to trade any market with Japanese Candlesticks using hammers and shooting stars. Normally you want the wick of the candle to be at least twice the size of the body of the candle. Alot of times they can lead to explosive moves in the markets. So lets dive in and see how to use this powerful technique in your trading arsenal. Enjoy! Trade Well, Clifford
Education
by TradeTheIndex
5
Observing Stock Market with Yearly CandlesThis is an Observation i am making of regardless of if i am right or wrong about it. SPX printed a Beautiful Hammer candle : As Very bullish Hammer Candle was printed by SPX so that means Should we really expect a huge pullback or drop/crash in near term future ? I think not. Highly unlikely. One factor why This Supercycle Wave 5 of SPX is not finished or has plenty room to run is because of Duration of Wave 5 is nowhere near comparable to Wave 1 and Wave 3. Wave 1 and Wave 3 have spend 52 Years in Wave 1 Bull cycle and 58 Years in Wave 3 Bull Cycle. So at the very least Wave 5 should last as much as 30-40 Years or so. Another factor is that Wave 5 can get really extended and we can for minimum expect Wave 5 to give Wave 1 equal gains or even more so. Therefore, it can be said using this simple observation we shouldn't expect crash anytime soon. Pullbacks happen but overall Stock Market is very bullish for foreseeable future. Any sort of feedback from TradingView Community would be appreciated.
SP:SPX
by StunnerStock