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
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
$RARE about to pump again! Hold on tight! Not financial advice!$RARE has skyrocketed yesterday and a pull back has occurred today. A demand zone is being formed with long wicks and good volume confirmation. This zone will be a good accumulation zone for the next upcoming pump. This is not a financial advice! Please decide yourself!
Long $Rare on xDai ChainFundamentals //
While the rest of the market tumbles Rare holds strong. Why? 100% of the supply is open for grabs, unlike almost every other tokenized cryptocurrency. Low supply. Only 36500 coins dripped 2 a day to claimers and stakers. Real buy pressure. Token being used as core currency in apps like unity, insideourdream, and lottery app. Ref => rare.fyi
Technicals //
Sitting nicely oversold after marches buy rush. Beautiful 0.786 retracement now confirmed. Holding just above the 21 daily EMA. 🚀📈
Optimistic on GOMRFWe do not generally trade this, but this is an enticing looking chart to sink your teeth into. Do your own DD.
Never advice.
We wager that this run across the MED is a signal of big things to come.
They recently signed a Letter of intent with Everwin Magnetics to start producing magnets other rare metals products for the potentially booming Energy efficient market.
finance.yahoo.com
They have also proven concept recently and are potential leaders in the rare Earth recycling market.
finance.yahoo.com
--> Info on Recycled Rare Earth: www.recyclingtoday.com
Not advice.