SOLUSDT - Cup & Handle TALeaning and developing TA in the Crypto World.
The Cup and Handle formation can be seen here as we have a drop in the price and a rise back up to the original value. This is then followed by a smaller drop before continuing upward passed the previous peak.
Generally this is a good indication of an upward trend. We see higher lows forming and higher highs before the break of resistance.
Resistance is broken and away it goes!
Are there any other TA that could be used in this situation?
High
Next bullrunPullback weekly after making all time high currently uptrending and weekly price rebound EMA30
A beautiful trade.A textbook trade out in the real world.
Price has been moving in a good upper channel for some time and it has reached the resistance trend line for the channel.
An extremely good chance that the price will travel down to the supporting trend line.
The stop loss is placed very tightly, if by chance it gets taken out, enter again when it retests at the above (near the blue rectangle).
However, if you wanna play conservative, go with the blue line that I drew as a small trendline, when the price touches that, look for a retest and nice bearish candle, and enter the trade with a good stop loss above the resistance level.
Never risk more than 0,5% on a single trade and stop-loss to entry when 2 RR achieved.
Nothing is guaranteed in trading but finding high possibility setups with a good probability of the trade working out may just do the job.
ALL ALTCOINS DROPPED 50% FOR WEEK TON Crystal DROPPED 14%1. My ideas do not include any investment advice
2. Make your own research, decision and take a risk
3. Do never ever invest your whole money into cyritos
4. Do not open more than 2x levereged long or short positions instead regard it as an alternative in your portfolio as risk management tool
5. Distribute your risk by making a basket of minimum 3-4 cyriptos in your wallet
Free TON from my perspective is a undiscovered gem which has great potential and such an HOLD coin and also technology. You need not to invest but also involve in project in different forms with it's democratic design .
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FREETON project is one of best and real decentralised project in the world with it's unique technology, design, architecture, society and solutions. It will help to world to be better place by bringging Free Internet, Free Finance and Free Communication which will make the world the real democratic place. Ton is the fastest, cheapest and the most secure block chain network with the real decentralization. Be part of the Free TON family either as being a validator or developer or community partner in your country. Just visit webpage of Freeton.
Will Silver Continue to Shine?The silver market received a blow yesterday but has since recovered.
Yesterday was also a volatile session for gold as well, after the false breakthrough over the $1,875 resistance line that was quickly reversed, and the gold closed with dojis.
Silver jumped to its highest level since Tuesday, February 2, before turning from $ 28.73. The bearish silver pin bar from Tuesday was confirmed with a sale yesterday at 27.36.
Still, silver remains in the range of the bullish channel, but it remains to be seen how its volatility may factor new long positions.
Experts believe that this subsequent reversal will be a short-lived phenomenon, and overall the trend is likely to continue.
Microsoft Corporation (MSFT) is on a Good CorrectionMicrosoft Corp. has earned praise for its successful pivot from desktop computing to cloud computing.
As such, MSFT stock has risen as result.
Microsoft Corporation (MSFT) has recently seen a 10% correction/uptrend over the long term. Particularly, yesterday the price bounced from a strong support 100 EMA level and formed a bull configuration.
If the price level continues its upward movement, it is very possible that we will see again the highs of $263 per share or even be looking at new all-time highs.
EURUSD BULLISH REVERSAL @1.20925Hello! First and foremost please trade with caution! Do not risk more than 10% of your portfolio! EURUSD will wipe out 15M liquidity by about 10 pips. It will then reverse back up and take out the high. DXY is heavily bearish hence EURUSD is heavily bullish regardless of the short term. Have a blessed day!
DANGER DANGER HIGH VOLTAGEWith a track record dating back to '09, anytime more than 94% of companies in the S&P trade above their 200-day MA, there is an ensuing sell-off. This doesn't indicate an extreme sell-off but rather a cooling of the coals that have become too hot. But still, look out below. When the VIX goes so low and this indicator goes so high, it is a red flashing signal to put on some protection so you don't lose your hard-earned gains.
DOGE COIN TO 0.078 LEVELsymmetric triangle is creating with 5 attempts in the support line. Buyers are getting powerful and demand increasing.
in a retest stage after break out. perfect set up for Doge and the coin will be up after the next few days.
Fundamental news is good as Elon Musk tweet and yahoo finance news.
Warning. Banco Santander S.A. is planning to invest in REEF.I work in the Santander Group internal offices.
Today on the dip was a discussion about crypto, talking about BTC, ADA, DOGE, CHZ, the Barça token, Polkadot and REEF.
Executive managers talked about purchase around $30 M - $50 M of this token.
Be ready.
BITCOIN MASSIVE BREAKOUT POTENTIAL OUT IF TRIANGLE for new atmBitcoin trying to break out if the triangle(counter trendline from all time high to bottom of channel. If it confirms and closes an hourly above look for an upside towards the top of the channel and a second target of the all time high. After that a target of 65k (triangle breakout target) and to complete the cup and handle breakout target at 73k which will be the cycles high most proburbly
Go long In INFIBEAM Stock:-Price is supported by high volume so uptrend will continue till volume is supporting it.
The Stock is also in oversold zone so lot of upward movement is still to come.
IF we look at chart pattern, we will find a beautiful uptrend in chart pattern .
So act accordingly, you can still go long in this stock
Put Put2021 account is growing! Mega portfolio includes some options trading to generate some cash to invest in common stock and I see a perfect opportunity here with NKE. Based on Mondays performance we can see that bullish strength is weakening based on the MACD.
RSI also shows room for decline to 50 or lower, while there is a sell signal on 3x confirm. D+ shows growing bearish divergence so strong that I believe it will break below the support level of $136.26 as indicated by the Kurotoga Cloud. I am giving 4 days for NKE to hit $125 a share.
Like if you agree or like the analysis overall, and comment your thoughts below.