Buysignal
$LINK CHAINLINK CURRENTLY $6 & UP TO 52Chainlink Is finally a buying opportunity at these strong support levels, be prepared to make an insane long term investment or short term. The next buy run we could witness another new all time high. SHORT TERM expect a strong price action recovery. The banks love this project.
Nasdaq Monthly Structure (OLHC - BUYS)NASDAQ MONTHLY STRUCTURE
OLHC (BUYS)
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In the daily timeframe price has currently confirmed an OLHC (Open Low High Close) structure, Buy setup. We currently waiting for TDI cross to confirm Active buys in markets. Patience.
Bullish Divergence in daily timeframe from the 14th October 2022 to current market price.
"W" pattern in daily timeframe, second leg currently forming, just waiting for TDI cross to confirm buys.
First Monthly target after tdi cross 11271.28 (Monthly Open).
*Kindly keep an eye also on Yearly Structure as Price looks very much Bullish.*
Curve DAO Token CRV Crypto Market after the ElectionsMy forecast is that we will see a bearish outcome for the crypto market after the November 8th Elections, especially for Curve DAO Token CRV, which is overvalued.
CRV/USDT short
Entry Range: $0.95 - 1.05
Price Target 1: $0.86
Price Target 2: $0.78
Price Target 3: $0.72
Stop Loss: $1.21
Is $BJ ready to push higher?Notes:
* Strong up trend on the higher time frames
* Great earnings track record
* Basing for the past ~3 months
* Forming a cup and handle with the base ~14% deep and a flat handle
* Formed a bullish engulfing candle a couple of days ago
* Now it's flashing an early entry along with a pocket pivot
Technicals:
Sector: Consumer Defensive - Discount Stores
Relative Strength vs. Sector: 4.8
Relative Strength vs. SP500: 2.23
U/D Ratio: 1.03
Base Depth: 13.97%
Distance from breakout buy point: -1.6%
Volume 15.02% above its 15 day avg.
Trade idea:
* You can enter now as the price is close to its 50 EMA
* It's also breaking above the resistance area of ~77.5 with volume
* If you're looking for a better entry you may be able to catch it around $76.1 as that should hold as support going forward.
EURUSD - 4H BUY ENTRY IDEAWaiting for the price to break the previous HH to confirm the trend reversal.
Until we have confirmation for the ascending trend I think the market will give us the oportunitiy to enter in a long position.
1. Wait for the price to reach below 78.6 FIB level
2. Look for the first bullish candle
3. Open long position with SL below 88.6 FIB level with 10 pips and a min. RR 1:4
Good luck!
Is $CPRX ready to break out of its cup and handle?Notes:
* Strong up trend
* Okay earnings track record
* Basing for the past ~8 weeks
* Pulled back to its 10 week line and managed to hold it as support creating a cup and handle pattern
* Printed a pocket pivot near its 50 day line offering an early entry and indicating institutional demand
Technicals:
Sector: Healthcare - Biotechnology
Relative Strength vs. Sector: 23.86
Relative Strength vs. SP500: 4.28
U/D Ratio: 1.21
Base Depth: 45.07%
Distance from breakout buy point: -18.82%
Volume 14.75% above its 15 day avg.
Trade Idea:
* You can enter now as the price is rising with higher than average volume off of its 50 EMA
* Another reason for entering would be that it printed a pocket pivot
* If you want to play it a bit safe you can wait for a break out of the indicated channel and the 14.3 area since that may serve as immediate resistance
ETHUSDTHi guys
It looks like Ethereum is ready to start an uptrend, doesn't it?
The price range is maintained at $1178.13. Pay attention to Qazmer Zang's flash. On the other hand, we have Gartley's harmonic pattern, which can be attractive by maintaining the support range!
If the descending channel is broken upwards, there is a high probability of forming an upward trend similar to the scenario.
Keep in mind that if we lose the support range, this mindset will be weakened!
What do you think?