Just found this nice entry here! the pullback has happened, so we can jump right in! I opened a smaller position, in order to make sure its not a false breakout, and will grow it as we see price rising! Good luck and good trades!
So, here's what I see: Price is forming lower highs and higher lows. In stocks this is usually a good sign for a breakout to the top. Since I am quite new to cryptos, I'd like to hear what you guys think? If everything goes as I would read from the chart, then price will soon rocket away with one big push. For education, I'd be glad to hear your opinions about...
Even though I don't like to enter in the middle of a movement, here we have the chance for a good spike to the top. I will enter my position right now, only a small one, since we are in the middle of a movement. But I don't want to miss this one. I will only take one swing so far.
I love this setup! We have lower highs over a good time period, and a strong support. So... what will happen? I guess, as the support and the resistance had been tested multiple times already, there is a guaranteed breakout. And since we are in a uptrend, I believe it will rocket away. Sky is the limit. So what about NASA? I will enter a long position, as soon...
This one had an insane run the last couple month. Here comes the first bigger pullback this year. Is it a sign of weakness? I dont think so. I believe, it was just profits taken. So I will ride the trend again, and follow the price to where it has never been (with this stock). Wait how Price reacts to the resistance and then place your orders. Wait for your...
This stock went crazy this whole year already... do we have another breakout right now? Do your own analysis, I would really like to hear your opinions about this one! So long and best trades to you! PLEASE COMMEND THIS, AS I AM REALLY INTERESTED IN THIS ONE!
As we can see, in the past the price couldn't break the coming resistance. So we have two scenarios. Scenario one: Price raises to the resistance, touches, and falls back, all the way to 5.80 Scenario two: resistance breaks, and we have the setup for a breakout. If that happens I will wait for a confirmation to be sure not to run into a trap. Happy trading to you!
After falling for a long while, price seems to be recovering and raising again. After the breakout, it trys to form new highs. Wait for the confirmation of a new high, then let the pullback come and enter as price goes up again. At least thats how I do it. EMA 200 tells us to go long as well, for me not a question, all signs point to the sky Cheers and good...
We look at Sharp in the 4H chart We are at a crucial point here, as price will decide for a direction to keep. As trend follower I tend to say: " oh well... little correction here, perfect entry for me, keep going." As a person who doesn't want to loose al its money I say: "lets wait for the confirmation, probably early next week we should now wether to long or...
So... Amazon just had a big correction the last couple weeks. As we can see on the top chart (daily), in the past the price did this: raise to a new high, corrected once, came half to the level of the previous high, corrected a second time, AND THEN there headed straight for a new high. If this pattern continues, we should be on our way to a new high. Why? Well,...
this one right here will consolidate a bit before the next breakout. The EAM 200 says its a long position, the uptrend looks stabile, I think we will see a pullback to the support, or even the support below and thats my entry signal. If you look at it in the higher timeframes, you can see there was a trend reversal wit two big cups net to each other. Thats one...
I was just wondering, does anyone else see a wedge forming here? Or am I wrong? Please let me know what you think for educational reasons! Also, would you say my S/R's are correct? If not, where should they be then? Thank you for helping me out with this one! THIS IS NO RECOMMENDATION! WAS JUST WONDERING!
So here is ANOTHER channel I just found... this one could be big since we are juste before another breakdown. I guess. I entered a short trade already. What can I say, destiny wants me to trade channels.
This is a breakout out of the book! look how nicely it formed! we see a highest high to start from. And then it all goes according to what the textbook says: "Price will form higher lows and lower highs, until it all collapses and just breaks out." This is a pattern you should always keep in mind! It is sooo likely to happen, and more important, if you trade...
I belive that we have a good chance here, to take some quick profits. looks like the support held, and price goes back up. EMA 200 gives a long signal as well. Me personally, I will move SL to breakeven ASAP, since I am careful with these small stocks.
description in the chart. Wait for the bounce back, thats the signal. If you want to be sure, wait for a confirmation of the bounceback. If resistance should break, it is a possible long signal, but be very careful with that and wait for confirmation in any case! Only trade what you agree!!!
Lets see if my prediction is right for this one. I am carefull, since this is looking into the future by looking into the past (risky!!). By the looks of it, this one repeats patterns. It had a breakout (1), then a pullback (2), a strong uptrend (3), a consolidation (4), another breakout (5) and finally the pullback (6). So next would be? Riiight, strong uptrend,...
As we see in the daily chart, price is forming a double top. That means, we take a ride down that mountain and go short. And it will be a loooong ride all the way to the bottom. Me personally, I like setups like this, we are in a channel, have a double top, and EMA 200 is about to break price. If you want to wait for a confirmation, I recommend use the EMA 200...