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Alltimehigh

Is it time for a run to 259k?Unique structure and indicator patterns. Haven't been able to find much for backtesting it against prior cycles. Found similar patterns. One was in a downtrend of 2017, and the other was in an uptrend as seen in this chart. Since we're currently in an uptrend. I would argue that we'll follow suit. Considering that we've followed 2013 and 2017 July/August fractals pretty well, it doesn't make sense to me that we have a bullish Sept... but I'm the backtest king so... I'm going to stick with the data & say up up & away. 259k idea below in link to related ideas
Long
by Ungovernable
ADAUSD Makes New ATH What's Next?So, lets talk about what we see from this chart first. We can see that once a 2nd new higher high was made, ADA ran to test the all time high and broke a serious psychological resistance level at 3.0. This test was successful which created quite a nice flagpole, and has prompted ADA to consolidate in a normal flagging pattern. This flag pattern signals continuation, and based on a fib extension (3.16) and a target from a previous cup and handle pattern (3.24), the price is like to enter that range. The price is still well above its main trendline, and has found a nice support area due to the basing pattern that it has formed. Keep in mind however, the slope of ADA is flattening (along with BTC). This means the bullish momentum is leaving the asset and the crypto market is likely to pullback in the near future 1-2 months. Also, with the new higher highs and lower lows, an ascending triangle is starting to be created which will signal a pullback. Ascending triangles take a long time to form and the price is by no means quick to fall after the formation. It is just signaling to you, there will be a pullback. However, there is a lot of room to grow until then (and after). I am going to take a little profit at this next target, and go from there. I will continue to keep an eye on the movements and patterns I see along the way. Now for some good news. As a person who follows ADA closely, I know that the adoption of the platform will happen very quickly with the release of smart contracts on the 12th of September. In fact, I think it was built with such a great foundation, I might just do an entire post on the fundamentals of Cardano sometime in the future. Pretty soon, we will see NFTs being created, DeFi, applications being developed, and overall strong adoption of the ADA blockchain platform as a whole. If there will be any immediate reason for ADA to move higher, it will likely be news coming from the summit on the 25-26 of September. So I would keep an eye on their twitter accounts around that time. Again, I apologize for having less time to post at the moment, but that will change in a couple weeks. I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSDLong
by mysticalwalrus
27
Nifty Prediction for 31st Aug. Next Target 17127?Market is in Buy on dip mode only one Hurdle 17000 17000 Is a Psycological Resistance. 1.If Market opens Flat then it will slowly go to 17000 level . If it Gets Rejection then and then only PE position Otherwise Buy on dip 16880 now Becomes new support if market comes to this level possible reversal will be there 2. If market stays above 17000 for atleast 1 hr then Next target should be 17127 3. PE is only after 16800 level breaks Stoploss can save you so always put stoploss For maximum profit trail your stoploss
NSE:NIFTYLong
by silenttrading
2
ADA Consolidates in Ascending TriangleHere is a small recap on what I have been seeing in regards to ADA. The last major move was ADA's premature run on the all time high. This brought a bit of punishment which forced ADA back into an area of consolidation (see the punishment begins chart for the consolidation area). ADA then formed a large cup and while forming the handle, the pattern broke to the downside for more consolidation. The giant ascending triangle ADA is sitting within is still holding. You should set alerts at the top of the triangle and the bottom (the hypotenuse). Any break outside this pattern would mean a important price movement is occurring in either direction. If we look at the handle we can see the price is coming to a focal point which will bring about a decision regarding the price (up or down). Overall, ADA is consolidating slowly which I am a fan of. All we can do now is wait to see what happens. To be clear, I publish these charts to show you all the patterns I am watching at the moment. I do not pretend to know the future because no one really does. I give you the patterns and the options that can occur with the information we know at the time and my opinion on the matter. Patterns form, sometimes they complete, sometimes they break. Overall sentiment shifts just like wind blows. Every pattern and trend requires confirmation which happens over hours, days and months. I like to show you the patterns that begin to form so you can start to identify them yourself. So you know what to watch within a price movement, including the formation of buying and selling volume. Overall, I hope this helps you when you look at a price chart. Soon, I will start creating videos covering specific topics within the technical analysis space. I want to teach you what I know so you can do this yourself and build a community of well rounded technical analysts helping each other to identify patterns and trends within the market. I hope you understand where I am coming from. I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Now lets talk about why ADA has so much strength. Cardano is about to release smart contract September 12 with the Alonzo release. This addition makes it a viable competitor to ETH as an open source platform. Right now, it is just a glorified ledger. As a person who plans to be a Cadano Developer once Alonzo is released, it makes me wonder how far ADA can go. I have heard people say it cannot go to 100 dollars because it will need around a 3T market cap. But considering in the past 2 weeks ADA has added 31B to its market cap, it's definitely not out of the realm of possibility. Also, considering Grayscale Investments has picked it up, I think it has a LOT more room to grow. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSDLong
by mysticalwalrus
14
ADAUSD Forming Cup And HandleI have to make this post fairly quick because I have a long day ahead of me. The gist of it is, ADA has formed a cup (albeit an ugly one but still valid) and has started to form a handle. I am guessing this will be the catalyst for the push past the 3.00 mark into new high territory. If the pattern completes, we have a target of 3.37. If the pattern breaks, it will further consolidate in one of the support zones I have mentioned in my last post. It is very clear that ADA will make a run to test the all time high soon. Only time will tell. Remember, if a push happens and it fails, expect a strong pullback to a support zone. Mark the support zones I have created in my earlier chart with alerts and also set an alert for the all time high. This way, even if you are busy, you will have time to react to the price change. I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Now lets talk about why ADA has so much strength. Cardano is about to release smart contract September 12 with the Alonzo release. This addition makes it a viable competitor to ETH as an open source platform. Right now, it is just a glorified ledger. As a person who plans to be a Cadano Developer once Alonzo is released, it makes me wonder how far ADA can go. I have heard people say it cannot go to 100 dollars because it will need around a 3T market cap. But considering in the past 2 weeks ADA has added 31B to its market cap, it's definitely not out of the realm of possibility. Also, considering Grayscale Investments has picked it up, I think it has a LOT more room to grow. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSDLong
by mysticalwalrus
10
ADA Punished For Premature Price MoveInstead of consolidating into the bull flag that was forming, ADA was prematurely pushed upwards to test the all time high. Due to the lack of consolidation, the buyers were exhausted, sellers entered the market and punished the premature price move. This is something I had warned about previously. However, it is not the end of the world. ADA will fall back to the consolidation zone noted on the chart, and promptly fill the gaps in volume. If ADA can manage to stay above the strong support at 2.84, that is where it will consolidate instead. From there I expect ADA will have enough energy to move forward yet again. The 3.00 price target is especially difficult because it has strong emotional resistance. This is typical for any price range that has been "hyped up", is a round number, or is a record high. The 3.00 price target happens to relate to all 3 examples. Therefore, to get past this resistance, ADA will need to fall back and consolidate. I still believe the trend for ADA, and crypto in general, is bullish at the moment. I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Now lets talk about why ADA has so much strength. Cardano is about to release smart contract September 12 with the Alonzo release. This addition makes it a viable competitor to ETH as an open source platform. Right now, it is just a glorified ledger. As a person who plans to be a Cadano Developer once Alonzo is released, it makes me wonder how far ADA can go. I have heard people say it cannot go to 100 dollars because it will need around a 3T market cap. But considering in the past 2 weeks ADA has added 31B to its market cap, it's definitely not out of the realm of possibility. Also, considering Grayscale Investments has picked it up, I think it has a LOT more room to grow. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSDLong
by mysticalwalrus
7
ADAUSD Triangle Breakout Testing ATHADA has not had too much time to rest. Instead of a lengthy consolidation period after the cup formation noted in my last chart, the handle broke, created a small ascending triangle and decided to break out again to test the all time high. My feelings on this are mixed. If it fails and does not make an all time high, the results could be terrible and we would see a drop in price to the next consolidation area. Not to mention it will ruin any bullish momentum that was forming since this morning. A pattern can only try a high a few times before the sentiment changes and the trend turns for the worst. However, if it does make a new all time high, this could bring the bullish volume back into ADA after the last strong bull run. It would also confirm the uptrend. The bullish momentum created by a new all time high could last for days. The reason for all of this is the amount of volume at the top range of the chart (2.86) is not really allowing the price back down. Unlike the last pushes, this is a strong psychological level and the best approach will be slow and steady. I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Now lets talk about why ADA has so much strength. Cardano is about to release smart contract September 12 with the Alonzo release. This addition makes it a viable competitor to ETH as an open source platform. Right now, it is just a glorified ledger. As a person who plans to be a Cadano Developer once Alonzo is released, it makes me wonder how far ADA can go. I have heard people say it cannot go to 100 dollars because it will need around a 3T market cap. But considering in the past 2 weeks ADA has added 31B to its market cap, it's definitely not out of the realm of possibility. Also, considering Grayscale Investments has picked it up, I think it has a LOT more room to grow. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSDLong
by mysticalwalrus
5
ADA-USDT (All Time High- Breakout)With Cardano at the cusp to enter into the Goguen era with the implementation of Alonzo Purple , it marked the deployment of the first fully public Cardano testnet that supports the smart contract functionality. With the tentative launch of Cardano mainnet by the end of August/early September, Cardano’s infrastructure will provide the groundwork for the development of dApps and the creation of new assets on the Cardano blockchain, therefore, making it smart contract efficacious. The support to the lower side is present at $2.45 while it may face resistance at the levels of $2.85 and $3.15.
Long
by TradeDog-Research
IS THE REGENERON PHARMACEUTICALS INC IS READY FOR A NEW ALL-TIMEIs Regeneron Pharmaceuticals ready for a new all-time high, or will it test again the previous one at $620 from October 2020 and confirm it as a strong resistance? Regeneron Pharmaceuticals is a leading-edge biotech and pharmaceutical company that focuses on cytokines and tyrosine kinase receptors at the cellular level. First, Regeneron developed an experimental antibody cocktail to treat COVID-19 called REGN-COV2. This treatment was granted emergency use authorization by the FDA and was even provided to former President Trump when he contracted the virus. They have a diverse product offering outside of COVID-19 offerings and some exciting possibilities in their pipeline. Also, they recently announced a new partnership with the British pharmaceutical company AstraZeneca to research and developed small molecule compounds targeting the GPR75 gene. This is also promising because the Regeneron Genetics Center discovered the GPR75 gene to be a key factor in developing obesity, a disease that over 650 million people suffer from around the world. It is inspiring when you consider that the comorbidities associated with obesity can manifest as a significant cost to insurance companies, making the drug more marketable. Over the past couple of years, the growth of the generics industry has been staggering, and Regeneron is fast becoming a major player. On August 5, the company announced its results for the second quarter of the year by beating the forecast results and publishing a better revenue and EPS. Fundamentally the company looks ready for a new all-time high, but dividends and share purchases are the areas where the company becomes a bit complicated. It is focused on its funds on R&D and has done exceptionally well, but it does not currently pay a dividend, and the net buyback rate is low. It is interesting how the investors will react at these price levels because it looks like that the price revert and confirm the $620 price level as a strong resistance. But if this correction in the long uptrend is temporary, the price easily reaches the previous all-time high at $666 and try to break through it. But it is also possible to picture the graph we saw between October and December last year in a downward direction to the price levels of $540 or far on South to $467. Looking at oscillator indicators, we can see that the correction starts from the RSI overbought zone. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carry a high-risk level. By registering and signing up, any client affirms their understanding of their accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals; therefore, it cannot be held liable nor guarantee any profits or losses.
NASDAQ:REGN
by legacyFXofficial
Short Term Bullish Trend before correctionThis chart is from last Aug to this Aug. Last Aug SPY went up to break the upper trend line till Sep 3rd with similar low volume but from Sep 3rd it went to a correction of 10% -11%. This year we are in a similar setup, SPY pushing higher with low volume and the upper trend line is about to break we could see SPY hit around 460+ by Sep first week before we see a correction of 10-11% SPY had the support of 125MA last Aug so this time it might get support around 125MA which sits around 414 which is approx 10% down from 460spy level, but if that doesn't hold this it could turn into a nasty correction which could drag on to all Sept and Oct. IF you note, then you will see RSI is not yet reached a peak level so there is room for RSI that is also a reason in the short term SPY could keep on pushing plus in options market PUT ratio is at an all-time high and ppl are shorting SPY which could create a short squeeze that could push the SPY to a blow of top. So in Summary - SPY in short term could hit around 460+ or - around the end of Aug or first week of Sept from there it will have a pull back of 10-11% which is around 414 level.
AMEX:SPY
by JerryDaniel
ERG/USDT Start: ERGO reaches for the stars. 10x possible?Intro: - ERGO rebounds from 7.5$ and goes for new ATH. - Unfortunately ERGO on tradingview does not show the full history. We include the resistance levels around 10$, 12.5$ and 17$. But since we believe in this coin and its potential we will start covering it here. - ERGO worked together with Charles from Cardano and they talk highly from each other which is a good thing if you believe in ADA and it's approach. - Guys please give me some feedback to improve my charts, analysis and commentaries. Daily chart on the left hand side: - Price looks a bit like a short bullflag that broke out today. - Volume drop for three days with one up day today that does not say anything yet. 4h chart on the right hand side: - We see a failed bullflag that did rebound around 7.5$. - No RSI analysis yet. Expectation: - We expect a fully grown bullrun for ERGO which seems undervalued at the moment. Basic rules: - Never buy the top/ ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone . Check the description.
Long
by tumbler55
8
EPS/USDT Update: EPS broke out of its consolidation triangleIntro: - EPS moved out of its consolidation triangle and retests upper resistance once more. Each time a resistance is tested it gets weaker and it would look reasonable if we break through this time. - Guys please give me some feedback to improve my charts, analysis and commentaries. Daily chart on the left hand side: - We saw a price consolidation into a very narrow range which now chose to follow the violet upwards trendline. - The RSI is hovering over the 50 line and it looks like gearing up for an upwards move. - The average trading volume is increasing and the next pump will likely be even bigger. 4h chart on the right hand side: - Wee see a strong consolidation for the RSI with broader lines than last time. - There is a golden cross from the 50 and 200MA indicated by the yellow camera. Expectation: - We expect a parabolic recovery which is also driven by the use case of Ellipsis (Trading stable coins for low slippage). - Once we break through 0.95$ there is like no resistance until 1.5$ - If price follows the trading volume we expect ellipsis to recover nicely. Basic rules: - Never buy the top/ ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone . Check the description.
ELong
by tumbler55
3