WHY DO I EXPECT OUTPERFORMANCE GROWTH IN ARBITRUM ? 1. Price has made the mirror accumulation level test twice and got a defensive buyer reaction 2. This test was made without an equivalent volume of sellers - a bullish signal 3. During the repeated test on 14.01, the price of 0.66 was confirmed by an additional concise bullish divergence between volume and price and an additional shadow of liquidations EXPECTATIONS : Short-term move to 0.92, then to 1.04 and 1.23
I must say, I am finding it increasingly fascinating to revisit companies that skyrocketed and subsequently crashed during the post-COVID boom of 2021 to 2023. The explosive growth of that period was driven by an unusual combination of factors, creating a perfect storm that sent valuations soaring and then crashing. I have now written about this a few times, but I continue to find companies that have made it out alive or are in the process of getting the market's attention once again. They are making a comeback. And I love comeback stories! Just when everyone counted them out, they turnaround and surprise. Yes, a surprising number of companies have shown resilience, adapting to the new environment with strategic pivots, improved efficiencies, and recalibrated growth plans. Take DoorDash, for example (shown on the chart). This company epitomizes the highs and lows of the pandemic-era boom. For starters, it's up 300% since the bottom of its crash. During the lockdowns, DoorDash thrived as a lifeline for consumers stuck at home, but post-pandemic normalization presented significant challenges. Now, after navigating through turbulent waters, it seems to have found its footing once again. Its latest moves, bolstered by a mix of strategic innovation and operational focus, have nearly retraced the entirety of its crash. What other companies from this era do you think are worth revisiting? Are there other potential comeback stories waiting to unfold?
? Key Levels: Support: 0.16330 USDT – the nearest point for a retest. 0.16000 USDT – the main line of defense for buyers. Resistance: 0.16425 USDT – the current zone that needs to be breached. 0.16643 USDT – the first target after a breakout. 0.16986 USDT – the final target for the long position. --- ? Trading Strategy: Entry Point: - Consider going long after a confident breakout above 0.16425 USDT, confirmed by volume. Stop-Loss: - Place your stop below 0.12100 USDT to minimize risks. Take-Profit Targets: 0.2643 USDT – the first target where partial profits can be taken. 0.16986 USDT – the final target if the momentum continues. --- ? Technical Analysis: The ascending triangle signals growing strength among buyers. Volume is increasing near the resistance zone, confirming bullish activity. A retest of 0.16425 USDT before the breakout presents an excellent entry opportunity. --- ? What to Expect? If the 0.16425 USDT level is broken, we have every chance of seeing a strong upward move. However, if bears maintain their resistance, a pullback to support at 0.16000 USDT is likely. What’s your take? Share your ideas — collective wisdom always wins! ?
Luca Mining Corporation high reward:ratio — multi-month swing trade Here we have an asymmetric trade potential on LUCMF. Price has broken a long term downtrend and seems to have been creating a reversal pattern in the form of an inverse head and shoulders, as many silver miners are currently doing. This same pattern is not only present on most miners, but on the silver futures or spot charts themselves, in which silver has already broken out of; seemingly following the exact pattern of gold, in the handle portion of its cup and handle In this sense, it is safe to assume the miners are lagging silver in such a way that silver has been lagging gold — same exact pattern just slightly late to the party — this gives traders a “second chance” at catching the move in which silver is currently completing — in the miners Long term target: $1.65. Speculative entry point — any price above .45 in case of a false breakout Conservative entry point — any price above the neckline breakout level (you can adjust this lower according to your risk tolerance as many smaller cap miners often produce false breakdowns) I suspect there will be a false breakdown after seemingly confirming the breakout, which may warrant a liberal stop loss according to your personal risk preference
Head and shoulders in the beginning but then price dropped a lot cause of bad results of new obesity drug Today new worries about price review put the price below the blue support Price reached weekly sma200 now and I expect this can be the recovery point
Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Merck & Co Inc - USD (Extended Hours) - Double Formation * 121.00 USD | Area Of value | Subdivision 1 * A+ Set Up)) | Completed Survey & Entry Bias | Subdivision 2 - Triple Formation * Not Numbered Retracment | Downtrend Continuation * ((Triangle Structure)) | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
Wld has room to run back to supply highs on the daily.
Assemble AI update Doji candle a couple days ago suggest an order block due the FVG being formed here - if this candle holds. Bullish sentiment and my targets 1st - .08 2nd - .12
#Bull Flag, ETH/BTC also has a nice bullish divergence double bottom settling in.
Xrp ( CRYPTO:XRPUSD ) is heading for two digits: https://www.tradingview.com/x/mgl5CsS1/ Click chart above to see the detailed analysis?? Over the past three months alone, Xrp rallied about +550%, perfectly following the expected triangle continuation breakout. Since there is literally no resistance above the current levels, it is quite likely that Xrp will now rally all the way up to the psychological two digits. Levels to watch: $10.0 Keep your long term vision, Philip (BasicTrading)