So again, I cashed out my trade just above 5000 as we fell last night following the Israel drone strike against Iran. Most of that dip appears to have resolved itself, at least for the moment, but those geopolitical issues will likely be crucial to the potential of a market fall in the coming days. I go into it in the video, but major Earnings are next week, and...
Amidst prolonged tensions in the Middle East, global gold prices have surged, defying expectations despite robust economic data from the U.S. The sharp rise in gold prices comes as Israel signals readiness to retaliate against Iran's attacks, disregarding calls for restraint from Western nations. In the face of escalating geopolitical tensions, global gold prices...
I mean, this is it. It run up to 120k right to the number. but the rejection needs to be seen around 76-81 and maybe 84 but idk yet. It would absolutely covid crash the price and wick it down to like almost zero. The return and I imagine where most people get in will be right around 25k maybe 29k. It climbs really fast at that point. retraces into may and june...
Overall, Bitcoin (BTC) is maintaining a downward trend. Despite showing signs of increase above the $65,000 mark, it experienced a decline during Friday's trading session in the US. It is expected that the price will adjust to the vicinity of the 0.5-0.618 Fibonacci level before continuing its downward journey.
USD/JPY is currently maintaining stability around 154.50 amidst unpredictable market fluctuations. According to Reuters, the currency pair reversed losses after a high-ranking official from Iran stated that there is no immediate plan for retaliation against Israel's missile attack on Iran. This has reduced the likelihood of escalating tensions in the Middle...
Trends into today are; Last Macro Trend Signal Spots (ES Contract) 30m - 5111 Uptrend (4/17/2024) Lower High 1Hr - 5220 Downtrend (4/12/2024) Lower Low 2Hr - 5203 Downtrend (4/12/2024) Lower Low 3Hr - 5197 Downtrend (4/4/2024) Lower Low 4Hr - 5197 Downtrend (4/4/2024) Lower Low 6Hr - 5250 Downtrend (4/2/2024) Higher Low 12Hr - 5204 Downtrend (4/4/2024) Higher...
imma be honest, I'm running out of creative titles, so you get what you get. Trends labeled Price targets labeled. really neat setup on zillow here. These buy zones are marked at some major support, we have a short term trend leading to a top, and may have already hit. We have a long term support trend going in the bearish price direction. All of the above can...
Holy rocketship. Trends and price targets marked. Trend 1 and 2 are fairly significant trends moving in the bullish direction, however they are rejection trends. The third trend is a small downtrend, still significant but more likely to reflect the drop leading right to some massive support. Spartan 300 support line. It holds and rockets, or it dips way below....
Chart is marked with targets Yes, I realize the targets that I've marked When it crashes, it might be BIG. It won't make it to 25 without retracing on the way up. I could see it top out around 6.9 in an alt coin pump Personally, I'm quite bullish on this coin.
HERE is the always the most popular chart I end up sharing. GME. It seems a break out is about to occur and the buy target is basically now or very soon. Downside is minimal, price is at trend support. Looks like a lot of upside potential. I like $20. And then there is always potential it really cooks to 64. but don't count on that. Focus on the trends, and...
I hope you appreciated my rhyme. So what to say about this. One main trend line at the moment. Big support incoming at 580 to 560 range. Really big support at 108. The lines in the middle (light green and red) are fairly weak and more likely short term targets. I assume the long term targets will line up well with the gaps which are marked in orange. Orange...
Trends and price targets marked. Things are overextended Potential to bounce back and catch more upside even with the overextension. Guideline is more for backtracking, but it could potentially look something like this. Follow trends and price targets rather than guideline, it is more to get an idea of what things could look like. 247 or so looks like a top to me...
Job data this morning caused a movement exactly as I anticipated and discussed yesterday. The move lower I suspected came yesterday as I anticipated, so now I'm just looking to see if we can move below this 5204 12hr support line. To date, the 12hr has been the major support level to stop any movement down since November which is why we have not seen a Daily trend...
Longer video but hopefully it clarifies my position in the market. I do NOT have a short position yet, but I am looking for one at this point. I might wait until either the close of the day depending on where we are OR take a short position if the overall day goes negative. Trends into today; Last Macro Trend Signal Spots (ES Contract) 30m - 5724 Uptrend...
Stellar made an upside bridge in the past. The green line was flat and the red line created a convex negative by opposition of the price. Stellar is not XRP's little brother. Stellar is not XRP 2.0.
Really nice trends and price targets defined on this chart. No idea what this coin is. But technicals only, it looks like a really good buy. Support is building at looking to potentially take off for a decent gain, before falling back to trend, which can spark the potential for another big gain. I drew a line to represent something similar to what I'm seeing, but...
41k is a massive resistance price target meaning, it is likely to hit allowing exits at profit. If it hits there is potential to see it bounce around even as high as 54k in a short term, but ultimately, at some point it will need to retest the lower end price targets. If it were to do that sooner rather than later, it allows for a more natural growth in the...
ADA chart RSI favorable on smaller charts, not so favorable on bigger charts. Potential to see a dip and BIG run. One support trend. Buy zone marked Price targets marked Potential to see a wick down to 10 cents, but lots of potential to hold that sub 30 cent price. I'd be patient, and see what happens before jumping in, but having said that, short term could...