If you haven't read my article about meme coins: Then the heightened RSI level of 99 for FLOKI signals a potential correction on the horizon. Such an extremely high RSI often indicates overbought conditions, suggesting that the asset may be due for a pullback. The price target, as per the Fibonacci retracement tool, is: $0.00000697
BLUR serves as the governance token for Blur, a non-fungible token (NFT) marketplace and aggregator platform. BLUR Market Cap is $813Mil BLUR Fully Diluted Market Capitalization is $1,96 Billion! 49.46M $BLUR(about $32.50M) was unlocked yesterday and they will be unlocking more coins next month! I have a rival to study for comparison, Rarible and its token RARI....
Context: BNB is the only crypto chart which "only" dropped approx. 74% from its ATH in 2021... The entire crypto space has been bleeding out, but BNB has been hovering around up there. Why should it drop down to $43.20? Because the chart says so, that's all I care about. What needs to happen for that drop? I don't know, but I have a theory. Binance holds large...
It's that time of the year again, the Christmas sell-off is a much anticipated event as it repeats every single year. After the weekly close below the dotted line around 17K the market signalled its most likely direction - down. I'm expecting a big nuke candle to clear the 11.5K level, HTF close above the green block EQ and finally but slowly, move towards the...
The EURGBP is still maintaining the downside direction. We are trading in a Double zig-zag correction pattern. But we must see the (X) wave initially make a minor zigzag correction in the upside direction. The upside correction might not be very deep it might not even reach the 61,8 Fibonacci level. What you have to realize is that we had a similar pattern on...
USDCHF has been trading in an impulse wave. Price now formed an Ending Contracting Diagonal on wave 5 suggesting that the impulse is now complete. Elliott Wave is a study of human psychology as we as humans have patterns in our behaviors. To put this in terms of the charts or technical analysis in a bullish trend, wave 3 is where there is a bit of hope and a lot...
FX:AUDJPY Witam, Sentyment : risk-off envoirement, inflationary. Fundamentalia : migracja kapitału - wyprzedaż High Yield (CAD, NZD, AUD), kupno save-havens. Chart pattern : Head & Shoulders. TF : H4-H1. Wejście : po retescie neckline + price action + MACD confirmation + CCI 20 0 line overbought retest. Wyjście : luzowanie polityki monetarnej FED...
The opportunity comes again. After taking profit at $27000, I continue to short 50%(500BTC) position at $29800. Take profit at $17264. NO buying power at this time. Only the whales manipulate, too little volume will usher in a sharp decline towards $16000. Bitcoin is a security in its own right, it will depreciate according to US stocks. On the chart, the signals...
Snowflake is facing strong competition from Microsoft's Azure and Amazon's Web Services. Snowflake expects product revenue for fiscal 2023 to grow between 65% and 67%, lower than 2022's 106%. In Q4 SNOW posted total revenue of $383.8 million, beating analysts' average estimate of $372.6 million. In 2021 they had 592Mil in revenue and negative earnings of...
Hello everyone, today I want to discuss several impact targets fort he upcoming selling extension on BTC. This Chart is seen from a purely technical perspective and has nothing to do with fundamental knowledge about the Crypto market and its correlation to economical events such as the excessive money printing by the US, which can have an impact on the Crypto...
We said it 30 minutes before this massive short-selling. "it will go up until the Turkish Government decides to react." And they did. At Human traders we provided two selling signals, and we are short this forex pair. Volatility remains high and there are a lot of forex traders closing positions. For those who want to trade this one, we recommend you to stay on...
This stock has been slashed over this year. It has lost an important support level and it's following the same trend as other companies such as Robinhood, Bumble, Victoria's Secret, Vimeo or Deliveroo + the Chinese Crisis. We expect someday a trend reversal, so for now we recommend to place price alerts. Key level, the weekly resistance line (at $12 per share - a...
*not investment advise. do your own research and invest at your own risk* $SO is presently in a sell-off. I saw this coming (see my previous idea on SO) but the movement's strength and momentum has surprised me. From what I've read, this doesn't appear to be related to anything significant beyond general market selling and a pervasive over-valuation fear that...
The S&P500 reached our target-box in yellow and dropped like a stone. The impulsive sell-off confirms our primary scenario. Our next target now resides at 3262 points, bevor the bulls have a Chace to push back. We give the scenario in which the market stabilizes, in the range of 3262 - 3075 points, a probability of 38%. Should the S&P500 reach the blue target...
I know that it may look a little saturated, but if you are serious about investing in AMD (which is a good idea IMO, but not at this moment), look closer and you'll find a lot of useful info. TL;DR: 1) Rally triggered by the launch of Zen2 processors got exhausted. 2) RSI divergence on both, weekly and daily charts. 3) Upcoming earnings (April 17, 2019) not...
Nike rebounded from a steep sell-off, to gap and run up. The support for the rebound is prior months’ highs. Stock indicators turned positive. However, resistance is stronger against the rebound candlestick pattern.