When will CRYPTOCAP:ETC be at $100? We'll talk a little later...) And now about what happened yesterday with the ETH ETF. In short, it was accepted, but not completely... That is, sooner or later, ETH ETFs will be accepted by the form of S-1s and another gateway will open for the infusion of “big capital” into the crypto market. Therefore: 🔹The long-term...
Ethereum parallel channel, the upper line is the top and the lower line is the bottom.
Price gave very good movement, nearly 300 points yesterday and now it is at crucial zone. 18600 is important in deciding the trend direction. Buy above 18630 with the stop loss of 19590 for the targets 18660, 18700, 18740 and 18800. Sell below 18550 with the stop loss of 18590 for the targets 18510, 18480, 18440 and 18400. !8500 can act as support. Hit the like...
TURQUOISE:MERL #MERL Contract on a 2-hour timeframe. Here are the key points of the analysis: Descending Channel and Breakout: The price was initially in a descending channel, showing a consistent downtrend. A breakout from the descending channel occurred, indicating a potential reversal or strong bullish momentum. Horizontal Support and Resistance Levels: The...
Booz Allen Hamilton ( NYSE:BAH ) delivered strong fiscal fourth-quarter results for 2024, with earnings per share (EPS) growing by 32% to $1.33 and revenue increasing by 14% to $2.77 billion. The company also raised its outlook for fiscal 2025, forecasting adjusted EPS of $5.80 to $6.05 and revenue growth of 8% to 11%. This performance is driven by increased...
Gold prices fell to a one-week low on Thursday, marking the third consecutive session of decline. This drop is attributed to profit-taking following the release of the Federal Reserve's latest meeting minutes, which suggested that interest rates would remain elevated for a longer period. Technical Analysis of Gold: The price of gold declined after breaching...
Hourly we can see that there are wicks. What are wicks. To me, they are liquidity points ready to be swept. Im thinking price rises clear that liquidity, then we tap into a supply a zone to push further down. But if new continues to be good then we might just move up to break the major highs. But thats pretty high so we might not see that till the end of next week...
Last phases of election are going on the result will be declared on 4th June the talk of the town is what will happen to Nifty if election is won by someone who is expected to win the general elections in India and what will happen if the results are unexpected. We can not predict elections and we can not predict how the Nifty will behave but certainly the charts...
My dear followers, This is my opinion on the AUDUSD next move: The asset is approaching an important pivot point 0.6620 Bias - Bearish Safe Stop Loss - 0.6669 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.6551 About Used Indicators: For...
Thesis: NSE:GHCL is forming a bullish reversal pattern, the inverse head and shoulders (IH&S), indicating a potential breakout towards higher prices. Pattern Analysis: Left Shoulder : The left inverse shoulder is already formed, with a price peak followed by a decline. Head : The head is the lowest point of the pattern, indicating a period of...
NSE:BPCL Overview: After the big up trend from November 2023, price has broke previous ATH. Due to strong movement price has reached 20% above previous ATH. But Healthy breakout needs proper consolidation & also due to profit bookings price was under small retracement. Again the price has bounced from previous ATH but this time with W Chart pattern(Day...
Following the last earnings call, ELF Beauty Inc. has caught the attention of many investors, with the stock surging 25% since then. However, we do not believe this signifies the emergence of a new super-bullish trend. Instead, we anticipate entering Wave B, which will likely lead to another significant pullback. In our view, the stock has completed Wave (5) of...
Speculation is as old as the hills, says one of the world’s best traders of all time, Jesse Livermore. In this blog, we give you the best quotes by the best traders — use them to get inspired and realize that success in trading is possible. Paul Tudor Jones, hedge fund manager, founder of Tudor : “I always believe that prices move first and fundamentals come...
Commodities have been in a bull run since 2020, within an uptrend that can resume after the pullback observed in 2022. Analyzing the CRB Commodity Index, I believe that the pullback from that recent 2022 high isn’t over yet. There’s potential for a C wave that could retrace to 38.2% of the 2020 bull run. This may suggests that inflation might cool down, but much...
I expect a swing of about 70 points+- all the way down to 5200 The USA Federal Reserve has indicated that it won't be cutting interest rates anytime soon, I think this was a bit unexpected and not entirely priced in before so we should see some decline of the value of the SP500 Index. However I can assume only short term, don't know the longer term implications...
I'm looking to take a long here on oil, we have had a good pullback, and I believe we are still in a bullish phase, so I will take a long. TP and SL are as per the image.
massive volume showed 2days I see some reasonable breakup take profit around 2500
I'm waiting for it for a short time at support in 5.9 - 6.0