EMFD has targets 4.76, 5.13 and 5.35On the weekly chart, EMFD is pushing to cross the resistance line. Above 4.17, the targets will be 4.76, 5.13 and 5.35
RSI and MACD are positive upwards
Stop loss at 3.79 should be considered
Upwards
Jarir (4190) is targeting 16.10 then 17.20 after crossingDaily chart, Jarir stock is about to cross the resistance line (BLUE), then the target will be 17.20
Already a double V bottom formed and the target is 16.10
MACD is very positive, indicating upwards direction.
Stop loss below 14.9 should be considered.
AXS - Axie Infinty ready to mave a move?The line (200ma) is just below the 50ma and the coins JUMPS up.
On a couple of occasions the 200ma has been ABOVE the 50ma and the coin has dipped then recovered towards and up trend AND then, gone UP again.
This only happens in the 1 HR. The 30 min TF shows that it is close with all Mas (7, 20, 50 & 200) bunching. Volumes are low – another indication
WHEN will the white meet the other lines (over night?? - OUCH - missed it). When they do meet up, will the white be above or below and for how long will it 'wiggle' before a move?
The 50ma is below for an UP. The 50ma is above for a down.
Right now, the 50ma is above - so not going up yet. BUT when, when when. It would be good to be 100% sure and to catch a good trade.
Local trends lines show consolidation with price action.
My gut says it could break upwards in the next few hours (or even in less than an hour). Not a massive jump, but significant enough.
Consolidation periods last from 2 days to 14 days - this one is 5 days & 8 hours so far.
My target would be (1) $146 and then (2) the old ATH of $155 and (3) a new ATH of around $175
My stop loss would be around $118.50
I have set up a limit order to trigger at $128.90 - this will prove the local break out and up. NOTE: It might re-test.
ALSO, it has to break the main trend line.
Only my thoughts and not financial advice. DYOR and check the charts.
Syndax is about to see huge gains to ~$24 a share again. Syndax Pharmaceuticals recently had POSITIVE interim data on their phase 2 study in SNDX-5613 for Leukemia. This data was positive as they saw a 48% overall response rate in patients with MLLr or NPM1c; 67% of responders achieved minimal residual disease-negative status. Out of 43 of patients evaluated, 31 were able to be used as for significant data. These two pieces of news are huge as Leukemia is an extremely life threatening disease where more than 50% of people are dead within 5 years. Any drug that can help save these peoples lives is priceless and the upside of this company is definitely there. I believe the sell off was a big Hedge fund taking their profits and exiting as they were not satisfied with the Positive results from the study, causing stop losses and further panic selling. This has also caused an overcorrection in the stock price which should correct once another big player enters and brings the rest of the bulls with them.
There is a rough bottom at $13 currently on the stock and it is possible for the stock to go down further as this is simply my opinion and is for educational purposes only.
BTCUSD falling wedgeIf you have been following my analysis on BTC you would know I've been paying close attention to the upper trendline ever since I noticed a head and shoulders pattern forming. That same trendline has continued to be major resistance. The bottom trend line has acted as decent support but we almost lost it. for a long time now I've been watching this broad bullish falling wedge develop between these two lines. I suspect that it will break to the upside and have us test resistance at 48480. once 48480 is retaken BTC will most likely continue it's slow grind back to ATH.
The last time this pattern broke ADA had an 83% return vs BTCADA has been on fire this year! ADA has recently broken out of a falling wedge pattern after consolidating for a short period of time vs. BTCUSD. This move will likely signal significant strength in the USD price like the last time this happened on February 18th. If resistance at 0.00003 is broken there isn't much in the way of reaching 0.00042 which is major resistance.
LINK Continues to Crawl Upwards in the Right Direction Once again LINK does its dance upwards along the trend line from Sept 23, 2020. I can't see any reason why it will not continue for the immediate future. I believe it's entirely possible to see a 15% increase in price by Nov 1, 2020. Nothing dramatic, just business as usual.
W.Weaire
Toronto, Canada
Oct 26, 2020
3:30 PM
NZDCAD - Bullish Curve TradeThis pair has a nice bullish curve that has been building for many months. When the pair finally does break upwards, there will be very strong momentum.
EOS looking bullish in daily upwards trending Channel || 10$-11$On the logarithmic chart EOS has followed its Channel since the 18th December 2018.
That could mean that the chance of getting supported by the lower upwards trending support line of the channel is smaller than in a younger channel.
Besides that, I think there is a good chance of getting supported by the Channel and the EMA-Ribbon on the Daily log Chart of EOS.
That would put the target at the top of the Channel, which would result in a price of about 10$-11$ ,if it takes the same time as other Cycles.
A stop could be placed under the EMA-Ribbon and the Channel.
Slow Climb, Followed by a burst? XRPLooking at the chart, we see some similarities in term of set up from the last breakout up to the 48 cent level or so. After this burst, it seems we have settled around the.38 cent level. It looks like this base is established (touching this level a couple times) If we sort of follow the pattern in the first set up, we could find ourselves slowly moving up at first probably hitting .42 cents and higher. After this slower climb We could see the price jump up (especially and perhaps only if BTC makes it to 10thousand plus on the next move up) If we followed this pattern, I could see us hitting .75-.80 cents at the peak of the next move upwards.
What are your targets?
BTCUSD - Bitcoin to break upwards to $10,000!The bitcoin market rallied a bit on Friday and Saturday, reaching towards the same resistance areas that we had seen previously during the last week. The recovery shows that there are plenty of buyers waiting for any opportunity to buy Bitcoin.
At this point, the market seems similar to the rally we had at the end of 2017. If we break the 8250 level, the market could go much higher, reaching towards the psychologically 10,000 level.
In the case of a pullback, I will be a buyer as soon as it doesn't break our 7000 support.
Continue up? Are we going to continue up? All the angles are pointing to a major move, fundamentals are growing, market enthusiasm is growing, volume is growing and the bears are still in force, but now so are the bulls. I'm going long, so if we fall I will continue to accumulate but I am not selling any BTC at the moment. Have targets set for my ALTS.
What do you folks think?
BCH/BTC - retrace before continuation upwardsMy expectation for price action is indicated by the thin green and red arrows.
Blue triangle indicates the current range.
The large dotted green arrow indicates the overall trend.
Green box is buy.
Red box is sell.
Blue line indicates major support/resistance identified by the fib channels.
Green & Red lines indicate t/p.
Black dotted lines are fib retracements.
Thick white lines are fib channels.
The green arrow indicates the overall trend.
This is a log chart.
This is not financial advice. All charts shown on my page, including this one, are just for fun.
If you enjoy my ideas please give this post a like and follow my page if you would like to see future posts! :)
Energy FuelsEnergy stock watch: NYSE: UUUU Energy Fuels
* Only domestic mining V2O5 (Vanadium oxide) as anther REE metal with good value in 2018 and high purity for electronics/mil. spec. 4M lb. 2018-2020 <$4/lb. Sept. 2016, >$22~23 Sept 2018
* Domestic US Ur miner getting US yellow cake orders, growing demand in volume & price, currently $27/lb. §232 Investigation
* UUUU in buy spot at lower trendline and Bolbands, between Fibretracement (upward trend on 4h).
* UUUU 60% of clean energy is nuclear.
* URANIUM FUTURES
* ISR low cost, high productivity process
* Land clean up, copper reclamation deals as side bonus
* Global nuclear plants to increase by over >430 in next 5-10 yr. (Saudi Arabia, China, India, UAE, Russia)
* Comeco and Kazataprom plants reduce global supply by 16.5% this year accelerating 2020 supply gap to late 2018-early 2019. Repeat 2006 price spikes for supply.
Bitcoin +7095 Pips Opportunity (WATCH!) (LONG) (HODL)Hello everyone, my name is Gijs and here is my analysis of Bitcoin.
Bitcoin founded a big HL in times, but now it will climb up to recover.
Bitcoin is in an upward direction. On the 4 hour chart it broke out of the trend line and we will enter of breaking out of trend line on the 5 minute chart.
We doing Zone-To-Zone trading.
+ We see TWO Ema's crossing UPWARDS!
Cautiously Optimistic on BTCBTC seems to be moving fairly well according to the FIB, bouncing of estimated support and resistances, which I've had for a while. If this holds true, Bitcoin could be back up to $8,000. I'll wait to see for further confirmation, but so far so good. Hopefully it holds strong and we see some real movement.
Just my opinion. Could be a Bull Trap. DYOR and trade accordingly.
eurusd upwards wedge formationThe eurusd should be seen going up further and testing 1.24 and lifting up to 1.26 rising on the upwards wedge which is a bullish sign
Ripple going for next spike after consolidation?In the day view we see primary upwards trend got even more bullish with another trend line. Candlesticks are far above the ichimoku cloud and over Tenkan and Kijun showing strong positive trend. Chinkou Line is pointing upwards and above ichimoku cloud showing also bullish behaviour.
In the 4h view we can see market is in uncertain behaviour showing the consolidation of XRP from the last spike. Golden Cross (red to green ichomoku cloud) showing a good possibility of another spike following. Candle sticks are touching Tenkan line and near Kijun showing first signs of the coming spike. Once candle sticks go above Kijun this is first confimation then you can wait for a final confirmation by Tenkan crossing Kijun from below. Bollinger bands confirm this by supporting chart lines at midline. A more voluminous cloud shows possibility of an even higher spike than i expect.
I expect XRP to repeat its spike/consolidation behaviour going to a price range ~3,9-4,2$ until 10.Januar.
