RARE formed bullish Gartley for upto 30.50% moveHi dear friends, hope you are well and welcome to another new trade setup of Rare token With US Dollar pair.
Previously we had a nice trade of RARE as below:
Now on a 4-hr time frame, RARE has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
RARE
Looks daam good :) Short level analysis of Looks. Very little information for TA still however, setting levels is a need when trading a very volatile market. Target of 2.2-2.9$ for TP one, current entry at 1.80$ puts it within a risk zone, but whne accounting for social signals and hype around the token it is a risk I am willing to bear. Max pain would be revisiting 0.78$ but to be honest this is highly speculative within a 12 months time-frame I dont discard it going lower than the previous low given the stacking nature of the token and no real life inputs for its mining. Yes, PoS and Stacking are not going to survive what is ahead, all those tokens are under my scalp box. :)
RARE formed bullish Gartley for upto 112% rallyHi dear friends, hope you are well and welcome to another new trade setup of Rare token
On a 4-hr time frame, RARE has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
RAREUSDT Midhigher to Daily tf Range Updated till 21-3-2022RAREUSDT (SuperRare) mid-higher to daily timeframe range, if i look at the chart i can see a clean price movement from this alt. most of the zone respected in past. coin itself been profitable provided swing setups, intraday setups even scalp setups. its not easy to find a clean chart on this p and d madness market. the huge over 126%+ price surge on 20 march 2022! i am not surprised cause compare to its high and past price moves it can perform like that.
SuperRare Jumps Over 125% Today With More AheadThe trading volume for RAREBTC (SuperRare) is at its highest ever on today's candle...
This Altcoin pair has grown by a massive 125%+ with more to come.
We have the classic Adam & Eve bottom pattern... We normally get a short retrace followed by additional growth.
That's all.
Thanks a lot for the likes, the comments, the follow and share.
Your support is continually appreciated.
Namaste.
Bearish Rising Wedge on the recent pump RAREAfter the recent pump of the RARE we are seeing resistance and an obvious bearish rising wedge pattern. The coin might be promising and have a good future, but after the recent pump it will drop to normalize the pump.
If you have any comment s or ideas let me know in the comments!
🆓SuperRare (RARE) Feb-27 #RARE $RARE
The $0.5 and $0.45 zones are having good buying power, if it doesn't lose this support zone, in the near future RARE may recover to the $0.8 zone. But if it loses the $0.45 zone, we can wait to buy it back at $0.35
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.45$ zone
🔴Buy : 0.5 - 0.45
🔴Sell : 0.6 - 0.7 - 0.8
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.45$ zone
🔵Sell : 0.45
🔵Buy : 0.35
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
MP Material one of the best SPACs$MP has been, for sure, one of the best SPACs when it comes to performance. SPACs got hammered multiple times. Barely did some of the known ones hold the $10 ground and some of them now are traded in $2-$3 range per share if now lower. I had a very high conviction on $MP from its DA announcement and I am holding it from before the merger. Today, I see more strength given the fact that they have a good moat when it comes to rare earth material. After China, they are the biggest one in the world and practically the only one in the US. Electrification is becoming more strategic and there have been rumors that China has threatened American companies on cutting off the supply of the rare earth. This is a very strong position for $MP.
Their gross margin is not like a mining or material company, but like a tech company. This year they are projected to have an 82.10% gross margin on 446M revenue. The projection of the revenue for 2021 is 319.30M (137.7% growth compared to 2020). In 2022 the revenue growth rate is estimated to be around 40%.
EV/GP (Enterprise Value/Gross Profit) for 2022 is 15.1 and EV/GP/Growth for the same year is 38.1. It shows the price of the stock is fair. Considering the growth, the price could go lower in a short term to offer a nice opportunity to buy or add. As it can be seen on the chart after the short report released on the 3rd Feb, the price recovered relatively and today it experienced nearly 8% hike so far. This shows the interest in $MP is high. If we can get a 20% discount from these levels to around 30s before the 24th Feb (2021 Q4 earning release) I believe it is a good level to start collecting or adding. This is not financial advice. DYODD
MP (1D) - Midterm correction to continue ? Hi Traders,
I had Long position in MP Materials, because I realy like their business model and really think that in long term US government should and will be supporting companies which provide Rare materials for EV/Battery/drones/... and related sectors.
Regardles, the Fundamental Analysis.... Technical Analysis cannot be ignored. You can se alredy formed 1:1: Extension with overlaping of something what could be marked as abc uptrend correction of drop.
Im alredy OUT of position with some profit. Its too risky for my RRR ... and will wait for another crash. Everything important is in the chart.
As usually, I will notify you with my EW count of subwaves. In case that marked resistance zone around 46 USD will be broken upwards. than we should wait for retracement and confirmation of that area as a support (hence there will be chance to open long position).
Trade safe and enjoy the game ;)
rare/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. This is what I mean when I say a coin is too new or doesn't have enough data. I can't just predict wave counts without a previous trend, with that being said; Here's an attempt to chart one lol
RareVery good opportunity to get in early before metaverse coming live. I believe this rare token will go much higher in value for long term investment, at least 1-2 years, But once it does create strong impulse upside then we can buy from the demand zones,
It just started to break the structure more play of price action will give us an edge to enter.
ABML (1D) - LONG Setup - could this be the DIP ? Hi Traders,
Today my attention is at the ABML Stock, which is very potential mining // Rare materials refining company.
Important stuff for all those EVs and electronic gadgets like drones etc ... (You know, future :D)-
So Wave A and B is clearly easy to count. But wave C is tricky ... showing some overlaping what could be marked as triangle also.
I am alredy in LONG position with some cash prepared in case of another drop. Without stop-loss for now.
Let me know, whats your EW count and FA/TA analysis aboutthis stock ;)
Trade safe.
🆓SuperRare (RARE) Nov-2 #RARE $RARERARE is being rejected at the $2 zone and it needs more time to break through this zone. Over the next few days it can correct to the $1.7 zone before rallying to the $2, $2,4 and $3 zones. But if it loses the $ 1.7 zone, we can wait to buy at the $ 1.5 zone, this is its listing price on Binance
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.7$ zone
🔴Buy : 1.7
🔴Sell : 2 - 2.4 - 3
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.7$ zone
🔵Sell : 1.7
🔵Buy : 1.5
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section