BTCUSDT is testing the previous supportThe price had a breakout from the rising wedge as I told in the previous analysis () and after a bounce on the 37300 the price is testing the previous support as new resistance.
On the daily timeframe the price goi a rejection from our Daily resistance and supply zone, exactly on 39560.
How to approach?
We could have a bullish scenario if the price is going to have a breakout from 42k and retest is as new support. In that case, the price will have a breakout from the supply zone and dynamic resistance as well.
Otherwise, if the price is going to have a new rejection from the old support (38400-39000) we could see a new breakout from the current support (37k) If the price is going to confirm the breakout, the next valid support is 35k on the weekly one.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Retesting
$APM Target PTs 7-14 Long term PT 30 and higherAptorum Shares Rise After FDA Orphan Drug Tag For Repurposed Compound For Pediatric Cancer
The FDA has granted Orphan Drug Designation to Aptorum Group Limited (NASDAQ: APM) SACT-1, a repurposed small molecule compound for Neuroblastoma.
Aptorum Group plans to file an Investigational New Drug Application (IND) to commence a Phase 1b/2a trial for SACT-1 in 2022.
Neuroblastoma is one of the most prevailing solid tumor cancers in children, representing 8% - 10% of all childhood tumors, accounting for around 15% of all cancer-related deaths in the pediatric population.
Aptorum received its first US patent regarding SACT-1 repurposed drug for various cancers earlier this week.
The SACT-1 invention provides a composition and method for treating or preventing the growth of cancerous tumors and/or delaying the onset of cancer from tumor-initiating cells.
Price Action: APM shares are up 30.3% at $1.59 during the premarket session on the last check Thursday.
See more from Benzinga
FDA clears Nuvation Bio's IND Application For NUV-868 In Advanced Solid Tumors
EXCLUSIVE: Alfi Inks AI Tech Deal For Improved Passenger Experience At BWI Thurgood Marshall Airport
GBPUSD price is near strong support zones and can pump more As we can see price broke an important resistance zone here that is the black trendline and here we can expect retest and more pump after that also if the price receives correction here strong support zones ahead are mentioned on the chart too.
Notice: 1.3130 is the last support here if it breaks price can easily dump.
DISCLAIMER: ((trade based on your own decision ))
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XAUUSD near local resistance zone and we can expect local fall The green trendline was an important support for GOLD and the support broke and now this green trendline is working like resistance and also if it remains valid as resistance then retest of a breakout is also completed and we can expect dump here like red arrows.
if 1815$ resistance break market is bullish or at least range here for while.
DISCLAIMER: ((trade based on your own decision ))
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Clearly It's choppyI think it's about time to admit we can't keep going up forever and there are levels down at the 20K zone that we never got back to when BTC took off after the pandemic I could be wrong but if you'll look at the circled tops I have here the patterns look awfully similar to the pattern right before the big dip to 30K just food for thought
ANGELBRKG BREAKOUT BUY ON RETEST HIGH VOLUME !!!!!!!NOT A TIP OR CALL ONLY FOR EDUCATION
* Triangle pattern break
* High volume
* Retesting previous levels
NSE:ANGELBRKG
NEO/USDT Update: Closing the gap to old supportCurrently Neo closes the gap to the old support arounf 40$.
We still did not see new ATH which lies around 180$.
However, we stay optimistic for this year to reach new ATH after the dust settles from this current pullback.
We broke out of the upwards channel and try to get back in again.
The volume over 2021 is high which indicates demand.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
$LMLLF / $BUZZ Cup and HandleRetest for this cup and handle breakout is at .145 and will see some solid gains. Retrace has been consolidating and will break fast and hard.
ZOM to retest the 200ma perhaps?I think the latest days have been amazing for ZOM, Truforma is coming in Q121 and so other solutions in the pipeline, the prospects for the company are very good.
This team have been working for years and deserve a better company stock valuation now with their new developed technology.
For the short time, I think the stock is likely to retest the 200ma, perhaps around 12ish and consolidate, but I wouldn't get surprise if the stock shoots up to 20 cents or over.
Still Bullish But It’s A SellSo early I published a bullish flag and then the break out to off to the moon. Well I decided to take the retest even I categorize myself as a breakout trader.
At first my psychology had the best of me as I thought I my have entered to early and price reversed and went higher at the beginning of the 11am candle. So scared newbie I closed those positions before the event over $5 in loss.
Then at 11:35 price dropped and went into sell as I had predicted originally so I waited til the close of the 11 am candle to confirm the retest.
Lesson learned here: be patient, be confident, and let the market come to you. There is nothing to fear but complacency.
COSBTC is retesting 200 ema 🦐COSBTC is retesting 200 ema on daily timeframe.
IF today close above, can be a nice buy signal According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.