Get started

Potentialbreakout

APTOS Potential : Falling Wedge 📉📈Understanding the Falling Wedge Pattern: The falling wedge pattern is a bullish reversal pattern that occurs after a downtrend. It's characterized by converging trendlines, with the upper trendline (resistance) sloping downward at a steeper angle than the lower trendline (support). This pattern often suggests that selling pressure is weakening, potentially paving the way for a bullish move. The Case for APT: APT, like many cryptocurrencies, experienced a downtrend or consolidation phase. The falling wedge pattern on the APT chart indicates that the price is trapped within this pattern, but it's essential to consider the broader context. Potential Price Target: The primary price target in a falling wedge pattern is often set at the highest point within the wedge. This represents a critical resistance level that, if breached, can trigger a significant bullish move. Key Considerations: Patterns are valuable tools, but they are not guarantees of future price action. Always use additional indicators and fundamental analysis to confirm your trading decisions. Risk management is crucial; set stop-loss orders to protect your investments. Conclusion: The falling wedge pattern in APT presents an intriguing opportunity for traders and investors. While patterns can offer insights, it's essential to combine them with a comprehensive analysis of market conditions and news events. Keep a watchful eye on APT as it approaches the upper trendline of the falling wedge pattern. If the price can break through this resistance level, it may signify a bullish reversal and potential opportunities for growth. Remember that cryptocurrency markets are inherently volatile, and trading involves risk. Exercise caution, do your research, and stay informed about APT's developments in the crypto space. As the market unfolds, APT's falling wedge pattern could be the key to unlocking its true potential. Stay tuned for further updates and price action, and always trade responsibly. ❗See related ideas below❗ Like, share, and leave your thoughts in the comments! Your engagement fuels our crypto discussions. 💚🚀💚
Long
by Yaroslav_Krasko
3
DOT Watchout for Resistance LvelDOT is near its Resistance level at $5.65. There is 2 Possible scenarios, Yellow and Red. Yellow: DOT created double top pattern and if $5.65 Resistance will be broken it can move to its next Resistance as a trend line + EMA 200 from where I am expecting a continuation of bullish trend. Red: Coin's price will keep moving inside the triangle until we eventually will see a break out. In both scenarios DOT has the next target at $7.3. Trade safely.
Long
by SecretIncome
EOS Mandel 3.1 Hardfork Details and TAHello friends. Today im going to tell you some details about EOSIO Mandel 3.1 hardfork. without wasting time lets go... First lets see what is EOS Network? The EOS Network is a 3rd generation blockchain platform powered by the EOS VM, a low-latency, highly performant, and extensible WebAssembly engine for deterministic execution of near feeless transactions; purpose-built for enabling optimal web3 user and developer experiences. EOS is the flagship blockchain and financial center of the EOSIO protocol, serving as the driving force behind multi-chain collaboration and public goods funding for tools and infrastructure through the EOS Network Foundation (ENF). On Wednesday September 21 2022 EOS block producers will begin carving a new path toward self determination by executing a coordinated consensus upgrade to Mandel 3.1. Anyone running a node must upgrade their nodes before September 21 to continue syncing with the network. The coordinated consensus upgrade to the Mandel 3.1 release includes priorities guided by network consensus. With this release a coalition of EOSIO networks officially replaces the previously inattentive EOSIO developers with the EOS Network Foundation (ENF) core development team. This emancipation enables cross-chain collaboration and pushes the network into the future. The Mandel upgrade represents the network assuming ownership of its own codebase. As guardians of the network, block producers on EOS assume responsibility for stable network upgrades. However with consensus upgrades all nodes in the network need to be updated. I show the new Roadmap of EOS in chart.take a look. Technical Considerations: After a very important support level at 1.60 breaked down the price decreaced to 0.8 level. but now price recover its loses and com back to this important level. i think we have 2 possible scenario: 1)If BTC and TOTAL market cap of cryptocurrencies increase in coming days , EOS price can surpass this level and 200MA and after that running for targets at 2.40 , 3.50 , 4.80. 4.80 is a longterm target but is very important level.because this price located at 61.8% RET Fibo of past price leg and exactly POC (point of control). so if we rally up , this targets are possible. 2)If total marketcap fall according to increase Intrest rate by Federal Reserve of any Macro happening , EOS price will reaction to this level as a resistance and fall down again. So you can wait and see what happen. if price consolidate above this level and you see some signs of growing , you can Enter the market But if price cant go above this level and behave as a resistance you should stay away now and in lower levels you can enter this project for investing. DONT forget to set a Stoploss for your Purchases. We are in a Risky market and must be careful... I hope all of you have Healthy and great time.
Long
by TraderAmin-KZ
4
DARK HORSE , A POTENTIAL MULTIBAGGER The Borosil Group comprises two independent companies - Borosil Glass Works Ltd and Gujarat Borosil Ltd. Borosil Glass Works is the market leader for laboratory glassware and microwavable kitchenware in India. Their manufacturing facility, spread over 110 acres utilizes top of the line equipment from Germany and other Western European countries, and is located at a fully integrated campus in Bharuch, Gujarat. Business areas of the company: Borosil is the single largest manufacturer of the complete range of volumetric glassware in the country. Their volumetric products find usage in all laboratories from high-end pharmaceutical production to high schools and colleges. Products: • Scientific & Industrial products BOROSIL’s range of Laboratory Ware includes almost all items required in general lab usage. Our expertise in melting and forming low expansion, chemically inert borosilicate glass for over 40 years has made our products preferred globally. • Consumer products Borosil has been one of India’s most well-known and trusted brands for the last 58 years. Borosil International’s range of elegant and stylish heat resistant glassware is known and loved by generations of housewives. • Solar Water Heater products Solar Water Heaters are the most hassle-free and cost efficient way to harness solar energy for domestic and commercial applications. They can be used in any climate and the only fuel they need is sunlight. • Low Iron Solar Glass products Textured low iron glass is a soda lime glass in which the content of iron oxide is significantly lower than in normal flat glass. It has a distinctive, nearly colourless appearance particularly when seen from the edge. • Lighting products Borosil lighting range of products is used for a wide range of applications- general purpose lantern chimneys for petromax lanterns, well glasses, safety lamp chimneys, explosion and dust proof tubes for hazardous area lighting applications, high pressure mercury and sodium vapour lamps for street lighting, defusers and diopters, both symmetric and asymmetric, for airfield lighting Future outlook: • The solar module manufacturing in the country is gaining further momentum and likely to accelerate faster in view of manufacturing linked tenders and grid-connected tenders with domestic content requirement (DCR). Thus, demand for solar glass is expected to rise substantially. • A very good potential to increase exports to Europe, Americas, Russia, Turkey and MENA due to renewed focus on domestic modules manufacturing in Solar PV (ADD applicable on Chinese glass in EU and Turkey). • Recent announcements by various module manufacturers/Solar Plant Developers to add 13 GW of module manufacturing capacity. • Present domestic demand is greater than BORL’s post-expansion capacity, thereby robust growth inthe sector and current high share of imports would easily absorb the additional production volumes. • Government of India has a target to install 175 GW of Renewable Energy by 2022, of which Solar is100 GW. Installed Solar capacity is targeted to grow to 300 GW by 2030.
NSE:BORORENEWLong
by Tradernawab
$ZOM Chart patterns. Potential breakoutThis is my prediction of the next uptrend towards Truforma's launch date. The first device from Zomedica. $ZOM is currently in an aggressive upward trend and is likely to continue in this trend. Why? Because you can see in the chart above that $ZOM is currently in its next consolidation just like it was in January. During the making of this post the price has fallen below the resistance. This was also the case in January, but it was immediately corrected the next day (false outbreak). Also the RSI also reveals the new uptrends. Ultimately, I think the idea is that $ZOM will go to $8 and stay there in the next consolidation until they make revenue for the first time. I know that a stock price of $8 entails a huge market cap. But because of the hype of Truforma investors first condone that. I would like to hear feedback from you guys and what you think will happen to the stock in the near future!
Z
by Patellic
5
Potential triangle breakout trade on BTCPotential breakout of BTC post 20 % correction to the down side to the mid 34000. In order for the bullish continuation to occur. Btc must break above the current ATH. Otherwise we might be heading for a short term correction, which would be so bad after how high we have climbed after the Corona Virus Dump. Corrections are health for the market. But if we break out of this triangle pattern and break ATH we will continue the bullish trend. The trend is your friend until its broken.
BITSTAMP:BTCUSD
by santimbit
1
VETUSD bottom is near or bottom is here? Looking at the daily chart, yesterday was a retracement of a strong rally that started November 4 and right now a second leg up may be forming. Will this be just another 2-legged rally before another leg lower or is this a rally that will start a bigger rally to re-test the ATH? As always, we shall see but depending on how today's bar closes, we could see another attempt at 0.012 and maybe higher. To achieve that we need a daily/weekly close above that descending resistance trendline marking a potential wedge bottom structure.
by thedailychartist