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ACS

Access Protocol: Your Altcoin ChoiceA dragon fly doji is many times stronger than a hammer candlestick as reversal pattern. Here, looking at ACSUSDT on the 3D timeframe, we have a perfect dragon fly doji to mark the correction bottom and low. This is followed by a bullish breakout and green candle, which means confirmation. After a new ATL immediately we get an up-move with a trading volume above-average. Volume also started to rise to its highest level just a few months ago. This is a strong chart setup and a great buy opportunity for those looking for big gains. Huge potential for profits. Pairs like this, small cap., can have a huge potential for growth while being spot. That is, the profits that can be generated here are as good as a leveraged trade on a big project but without the risk. I need to dig out more pairs like this, but right now I am focusing on your pick. Here I am mapping a target for 656%. I am sure there will be more, much more. I am also mapping a short-term target for 140%. This pair can easily grow beyond 1,000% in the upcoming bullish phase. Thank you for reading. This is your Top Altcoin Choice. Namaste.
Long
by MasterAnanda
Classic Cup & Handle Breakout & Re-testVery simple - a classic cup and handle formation, already confirmed and re-testing a breakout: - has already broken out of the handle forming a 2nd smaller cup - and since broken above and held above the weekly cup's neckline It has held above for several weeks and is now re-testing that neckline. Targets are TP 1 and 2, measured from the length of the bottom of cup to its neckline, from its neckline up (TP 1) and then a half length above that (TP 2). Conditions for hitting take profit targets are: A.) holding the neckline or B.) a weekly candle close with a pullback below that quickly reclaims it in the following week or so.
COINBASE:ACSUSDLong
by dudebruhwhoa
SACYR: Shaping H&S after inverse one outcome got kicked outWe are always listening to "Sacyr wins this concession in Chile", "Sacyr wins this construction in ____", "Sacyr enters bid to build a hospital in Lisbon"... But what if there are overcosts or a new confinement? Nowadays, the company is unprofitable. In 2019, it lost €297 million and historically Sacyr has always been correlated with the price fluctuations of REPSOL (who's been behavioring really bad lately). EBITDA was up 25% in 2019, up to 679 million. Debt was increased by 6.6% up to €4,315 million. Sales decreased 33% in all areas except Industrial one. Sacyr has a stake of 8.2% in Repsol whose contribution to the firm's profits in 2019 is -354 million. The first semester, Sacyr's profits were 12.9% lower (to 70 million) YoY. It has a provision of 30 million and REPSOL's contribution to profit was -18 million. Ebitda is up 10.4% to 348 million. Sales +3.5% (2,079 million). Sacyr increases debt by 213 million from December 2019 due to all those investments on concessions we are hearing nowadays. So in case the company starts growing in 2020, it will do so with a large burden of debt. It is important to look at the Construction Index from Spain to have a preview of how companies are dealing with this pandemic. ACS shares, for example, are being severely punished. BME:ACS From technical perspective, BME:SCYR is shaping a closing triangle that might end on September 14. Even though all these good news about winning contracts surround the company, investors are smart enough to know that the high stake on Repsol will drag it down in case the pandemic worsens or oil prices start to fall. The inverse Head and Shoulders it shaped some weeks ago (starting June 14) ended on August 4. It lasted therefore one month and ten days. Now, the symbol has started a H&S figure on July 10 but its outcome is still not noticeable. I will post a study on construction companies after publishing this post. My final conclusion on SACYR is short as long as oil markets tumble and covid19 cases increase. Also, the company might be involved in legal procedures that may affect its continuation of an uptrend. First support at 1.80, second at 1.50.
BME:SCYRShort
by alexinve
1
nzdjpy unified gartleyHey, traders. Here's the pattern I call "Unified Gartley". It unites the features of both Bat Pattern and a Gartley pattern. I discovered it myself doing market research. Up to 68% probability to hit 38.2 before touching X-point (depending on pair, of course) if it is used in combination with ACS-based swing identification technique. This technique is pure calculations... So, no more "looks like an impulse..." or "seems to be a correction...". Only black and white. 100 traders using it correct way will have 100 absolutely identical drawings on their charts.
Short
by Alexander_Nikitin
9