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Uptrend

A new high for btc or a reversal at the Golden (fib levels) With Bitcoin continuously being bullish for the whole year and and trended to a new year high of 38400, even though we might expect a pullback particularly after weekly structural high taken out and trended into a monthly fair value gap. Price range 34000-30000 could pose to be a a strong range area for bulls to get into the market again and look to ride the wave of price into the 62% area of the fib (golden line/level). This level is of a great interest because it is inside a monthly timeframe fair value gap that could also serve as an area of reversal with the monthly timeframe bullish structure liquidity taken out on may 2022. Of course we won’t look to sell from this area except we begin to see the market make lower highs and lower lows. Furthermore, price could continue ride its current weekly bullish trend and taking out the liquidity at 69000 thereby pushing to form a new ALL TIME HIGH. Except we do see a change of structure from the weekly timeframe 34000-30000 price range is the best possible range for bulls to look to enter more positions or probably join the trend if they are yet to join (this could change as the weeks go by) and possible ride the weekly trend upto 48000 or break the current all time high at 69000 and form a new all time high.
Long
by celefazy
Software for finance $PAYPaymentus Holdings provides a cloud-based platform for electronic billings like utilities, taxes, insurance and others. The bullish divergence with the ROC was signaling a change of character for the stock. Now is forming a second base withing its confirmed uptrend; my favorite setup, and the risk/reward looks good. I'll use this week's gap up has support zone to place my stop and my target profit is near the lext resistence level at $22.50, that's a 30% move. The financial sector AMEX:XLF , is the 4th best sector this month and technology AMEX:XLK is the 1st. Paymentus Holdings earns the No. 2 rank among its peers in the Finance-Card/Payment Processing industry group. dLocal NASDAQ:DLO is the No. 1-ranked stock within the group.
NYSE:PAYLong
by dpuleo19
Costco the case for higher highs maybe probableHI guys. This is an analysis thread to assess the technical developments found in Costco. I will layout some general findings on the macro scale, then update as new developments proceed in the technicals for COST. The purpose is to provide unbiased TA opinions, where i give both bearish or bullish cases depending on facts in charts to help make informed trading/investing decisions. Initial analysis will be on the 1 week timeframe. First things first. The 2 Ascending triangle patterns found. A blue one A black one Notice the Black triangle, this is a larger or more influential pattern developing since May 2022. It holds more wait if signs show we a breaking out of this. Targets would be $680-720 range. Confirmation of a test of support Above the horizontal upper black trendline is needed. This would indicate a continuation of COST previous uptrend, as Ascending triangles when confirmed are strong continuation patterns. The smaller Blue Ascending triangle seems like a intermediate term consolidation area as well. Notice how prices have consolidated Above the Black horizontal trendline of the bigger triangle, for weeks. We have closed Last week ABOVE Blue triangle. We must await confirmation of this breakout. This could mean we are breaking out of both Triangles. Look also to the 21 EMA (Purple colored moving average). We have recently bounced off of a support test. This is a great sign. This can be a future support test area also. But i always look at it as a level of defence. It has moved up to the $550 level. Overall, $550 level is critical support level now. Below it we go back into the larger ascending triangle, if we do go back below, this would indicate a fakeout. An important thing to observe is VOLUME. For this move to follow through, we must see an increase or spike in volume. Which currently doesn't seem like its there. Which could lead to a fakeout. So we must pay attention. Remember Volume can really make or break a move especially a chart pattern. Momentum indicators STOCH RSI and MACD are showing signs of bullishness STOCH RSI has a BULLISH CROSS. MACD is attempting to cross Bullish. If MACD crosses, this will give signs that uptrend is now more likely. Taking positions must be done after COnfirmation or a decisive move Up. Never take positions inside of a chart pattern, always consider entering after confirmation of breakout. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on COST in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NASDAQ:COSTLong
by SafofAllTrades
BCH BEAUTIFUL TREND! SO SEXY.Sometimes you just have to stop everything you're doing and admire a nice trendline. These market makers are having fun. When will the trend break? Let me know in the comments below. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by Navitility