Blnk downtrend break outLet me be honest with you, this breakout would not even be possible with TSLA rallying. this entire EV/Lithium sector along goes where ever tsla goes. And now it seems tsla goes where Bitcoins goes lol...
Yellow line - Downtrend
Green lines - Fib targets
Entry 44$
stop loss 42$
I'll be swinging this through next week. with Nio,LI, and xpev having earnings I'm expecting a sympathy rally
BLNK trade ideas
BLNK / Blink Charging Long Setup Blink aligning itself for a nice long , currently pulling back from the 60 USD region after recently printing a fresh ATH of 64 USD . Imo we have a great Buy opportunity presenting itself down in the orange box at the .66 .618 fib levels / 44-47 USD Region. This level also aligns with our Volume Profile and should act as a strong support and give us the bounce we anticipate .
Blink Charging Co has preformed very well and will continue to shine with all the focus on a sustainable world a reduction in fossil fuels and ultimately Only Electric Vehicles on the roads eventually , it is the company behind electric vehicle charging equipment and networked EV charging services that will be relied upon by the electric car owners both now and in the near future .
Trade with a clear and concise plan ...Know your entry , Exit , position size and don t forget to take PROFITS on the way up or down ....Set Targets ...
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Money...I Smell MoneyThis is a very nice setup. Inverse H&S, holding at previous support, about to break a trendline it's been trading under. I have a resistance zone estimated between 47-48.50. If buyers step in and it begins to show signs of a breakout closest target is over $51. Also a positive news catalyst. A lot to like about this going into next week.
BLNK 30MNBULLISH BAT & SHARK@1.13XA
VERTICAL DOTTED LINE is Ultra high volume DOWN BAR
Higher volume-Professionals are buying into the public selling.Blue Horizontal lines are 1HR SUPPORT
CANDLE SPREAD GETTING NARROW
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
BLNK 45MNBULLISH BAT & SHARK@1.13XA
VERTICAL DOTTED LINE is Ultra high volume DOWN BAR
Higher volume-Professionals are buying into the public selling.Blue Horizontal lines are 1HR SUPPORT
CANDLE SPREAD GETTING NARROW
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
BLNK 1HRBULLISH BAT & SHARK@1.13XA
VERTICAL DOTTED LINE is Ultra high volume DOWN BAR
Higher volume-Professionals are buying into the public selling.Blue Horizontal lines are 1HR SUPPORT
CANDLE SPREAD GETTING NARROW
RSI must be over 30 & Price on breaking of ULTRA HIGH VOLUME Candle HIGH with NO SUPPLY i.e place for BUY
BLNK Descending Wedge Breakout AGAINBLNK Descending Wedge Breakout
Clean Energy play, great for Long Term as well
- Great news with setups in S.A. EVPA plan,
other catalysts include EV expansion
in other states like FL and NH
BLNK has formed this pattern 5+ times now
Breakout imminent, low volume pullback
TTM Squeeze on 30m (last squeeze jumped 20pts)
RSI, 20, and 50EMA curling
Held 20EMA on the daily
PT1 58.3
PT2 64
PT3 75+ by Q2
BLNKcould we see another 4x in the next 2 months?
I obviously can't say that for sure, but you know, it can be, or it could not.
anyways, here we are again.
so, as the chart explains, if the price bloke below the trends line, it is probably gonna fall.
I also market with purple an area in which we have a "zone" more than a line that works as a support.
how you find it interesting, and follow me.
ty for paying attention.
$BLNK Before ERAlthough we got a bullish candle last week, I am still waiting for confirmation on a bullish trend aside from the daily timeframe. All other timeframes are showing a thinning kumo cloud. On the daily, the conversion line has almost crossed the base line. Should the current trend continue, the conversion line (blue) should deviate from the base line to keep price action above the still bullish kumo cloud.