Ultuma

Ultuma

USDCHF has been consolidating since January 2021 until today. During 2021 this pair has been traded within a narrow band, and recent weeks has shown a slight bearish sign. A breakout is expected before April 2022, the support level is 0.897

Ultuma

BTC test the 0.5 line with long wick at the bottom, but quickly regained 50k psychological resistance level. It may now rebound slowly toward 56k, before making a big move.

Ultuma

Short term high on 9th August.

Ultuma

The trade volume does not qualify for VCP, but the triangle pattern is forming nicely, watch closely for a breakout.

Ultuma

If NEM breakthrough and stabilise on above 63, it is likely to be an uptrend.

Ultuma

Technical indicators might be strong, but mobile food ordering companies operating in the US may face really hard time as many restaurants are failing to survive. EPS is not expected to get any better for Q4 2020.

Ultuma

Entry: 55 Target price: 60 Cut loss: 52.8

Ultuma

Strategy, buy at 128 for a clear break out signal, target price 140, cut loss at 124.

Ultuma

Recommend for upward movement swing trade in long position.