As I've already indicated, bitcoin reached the 30k mark and was moving towards the 31k when a rejection occurred, causing it to go below the 30k. This is normal, and it will be observed to the support at (28322) when it happens. There, it will settle before targeting the 32k and 34k.
The trend analysis shows that the next resistance @ 30k and then @32k by looking at the volume and the last couple of days performance, I have came up with this trend. Will update after reaching 30k.
Why did I enter a buy @ 49.13 and why did I put my stop loss @ 47.13 1. On day 19th march the session ended up forming a doji, which is a clear sign that indicates a possible reversal in the trend. The doji forms its own resistance and support areas , which is indicated by its tails. This takes us to the second point, 2. The tail of doji formed a strong support...
As long as it is above 18.021, it will go up to next resistance @ 19.5-19.58. If you look at previous dates, you will see that it has stabilized above 18.021 several times @ 19Feb23, and @ 24Nov22 and jumped to 20.21 and 19.66 respectively, this means that this area is a strong support zone and may scream Bullish. Days are shorter by an hour in ramadan so the...
FWRY seems to be in the range part during the last 2 days, it needs to stay above 4.95 to be able to go to 5.138 then to 5.38 If you want to learn more about technical analysis and be able to analyse the market conditions, subscribe to my blog link in bio it has alot of tips and tricks about the market
As you have seen the last 2 days, buying power has the hold now . This can be concluded from the 2 engulfing patterns for the last 2D sessions.
On the daily intervals it showed a doiji that formed which means that there is buying power that brought price up from support @ 11.493 to to 12.30, the market will start down then will possibly reverse and start increasing hopefully this is not a trading advice nor a financial one , would love to know what you think
This has been a rough week, but their is hope next week to see a possible recovery in the market. The market dojii candle means that buying power is back and may introduce a reversal pattern in the new couple days. Next week will be risky.
This is not a financial advice only an analysis COMI is an uptrend as shown in the graph, and after 2 weeks of dropping in price a doji has appeared which may suggest a possible reversal in chart, as well as the CHOCH that you can see
This is not a financial advice, it is only my opinion The circles 2 spinning top indicates a reversal pattern that may happen. Spinning tops aren’t 100% guaranteed reversal, would update this post after market start.
THIS IS NOT AN INVESTING ADVICE, I AM ONLY SHARING MY THOUGHTS, AND WOULD LOVE TO HEAR YOURS The stock is showing mixed signals, so it may not be a great thing to buy at this time, this is my own opinion. BUT their is hope to a bullish happening soon. i think that if it stayed above the trendline and above the support @ 18.2, this may be a good sign that the...
THIS IS NOT AN INVESTING ADVICE, I AM ONLY SHARING MY THOUGHTS, AND WOULD LOVE TO HEAR YOURS As you can see a BOS has occurred which indicates a bullish movement, so as long as the price stays above 6.299 this will ensure bullish.
THIS IS NOT AN INVESTING ADVICE, I AM ONLY SHARING MY THOUGHTS, AND WOULD LOVE TO HEAR YOURS IN THE COMMENTS EGX:EFIH The stock broke the trend line, was supposed to stabilize above 19.5 but did not, so next support @ 18.24. Not good at all until going above the 19.5 and stabilizing above it
THIS IS NOT A FINANCIAL ADVICE, THIS IS ONLY A PERSONAL OPINION, WOULD LOVE TO HEAR YOURS IN THE COMMENTS I believe this drop in price is only a correction due to the huge jump from 45 to 47.8. The price broken the trend line and is supposed to have a strong support @ 47.965 and 46.614. The final support before a bearish would be 43.04. So to conclude i...
This is not a financial advice, but only a personal opinion Since my last prediction and trend analysis was accurate thanks to god first, I assume since it stabilized over the 50.834 which was the previous resistance, the next resistance will be @ 51.870 and possibly 52.491. The stronger support is @ 49.382 and @ 47.96 Please follow and like if you...
As you can see the the graph forms an ascending triangle pattern and it has now stabilized above the last support of 6.65. If it continues to go down the second support will be over 6.589. However an ascending triangle may imply bullish so if it continue to stabilize over the 6.589 this is a possible bullish up to the 1st resistance @ 6.85 and 2nd resistance @ 7.25
BULLIISHHH As you can see here the price has passed both resistance line @ 46.58 and @ 47.96 and stablized above them both, this means that it will have a new target of 50.87 THIS IS NOT AN INVESTING ADVICE, I AM ONLY SHARING MY THOUGHTS, AND WOULD LOVE TO HEAR YOURS EGX:COMI