Hello Traders and Investors, today I will take a look at Alibaba . -------- Explanation of my video analysis: Almost a decade ago Alibaba stock retested a strong support at the psychological $60 level and reversed significantly towards the upside. Just a couple of months ago Alibaba stock once again retested this support and created an anticipated reversal....
I guess it is pretty evident from the chart itself. Enjoy the head and shoulders! Cheers!
CRYPTOCAP:PEPE technicals are very bullish. One of our DAO contributors shared this TA with us... "Volume could be higher but unless Bitcoin drops significantly, a CRYPTOCAP:PEPE 2x is almost baked in. This is just an idea to consider with no date on this price target, but given the previous price action, before July wouldn't surprise me."🚀
This time i definitely made an epic fail on GOLD. I was expecting a drop below the short term trendline, but i price went in the opposite direction and price pumped till the resistance level i drawed some days ago. I was studying this move, and actually i think that XAU reached a possible bounce level to resume the upside moves. Price actually is ranging above the...
Many have already heard about the Steve's (Crypto Crew University) 5.3 theory. This theory determines that the percentage gains throughout the bitcoin cycles are decreasing by a factor of 5.3, placing a top for bitcoin for this present cycle at roughly 80k. While I tend to agree with Steve's analysis, and actually find him one of the most accurate bitcoin analyst...
✅GOLD has been falling recently And it seems locally oversold So as the price is approaching a horizontal support of 2326$ Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Nosana is a decentralized computing solution on the Solana blockchain with a very good looking chart.
Expecting this 4hr fvg to hold and take the high. Waiting for additional confirmation on the lower time frame to confirm
The cable (GBPUSD for newbies) is definitely of my favourite pairs. My previous plan was just really accurate, and i am here sharing a short term plan. I expect a drop tomorrow that could lead the price below the short term trendline, and i think this drop could push the price lower. I expect a bearish trend till Friday morning, where we could see a possible...
CRYPTOCAP:DOGE Green means go! Hit $0.15. Next target $0.16+ Trend indicator flashes green for uptrend. Next target $0.16+. Do your own research.
This is a trade recap from day 1 of my small account options challenge. Aiming for $50k profit with a MIL:1K account. Only made $33 today, but can't complain because of how choppy things were. Happy to have a green day and I'll slowly scale up my size and risk so I can have some bigger winners. Defense is the most important for now.
ARKMM USDT in process of making a crab pattern. considering this we can take a short in the middle of fib retracement 0.382 and 0.5 levels. We can take profit on the marked levels or ride the downtrend until it reaches its final point D, where we can expect a potential reveral.
Thomas Cook Seems to cross its long term trendline Resistance on a Monthly chart Will be interesting to see how the Monthly candle closes at the end of May 2024 * FII have raised its holding in this stock * PAT and NET PROFIT have grown substantially A good TechnoFunda bet
Precision Trading Unveiled: A Symphony of Smart Money, Fibonacci, Timeframes, FVGPS, and Displacement In sculpting my trading strategy, simplicity takes center stage as I navigate markets with naked charts, harnessing the power of Fibonacci levels across specific timeframes—most notably, the critical 1-hour, 4-hour, daily, and weekly charts. Diverging A...
Trading Plan for Monday, May 13th, 2024 Market Sentiment: Bullish, but extremely overbought and due for a pullback. Traders are advised to exercise extreme caution and prioritize protecting gains over chasing further upside. Key Supports Immediate Supports: 5236 (major), 5225, 5213 (major) Major Supports: 5202-04 (major), 5186 (major), 5155 (major), 5112-15...
Gold respected the bigger bearish channel. The resistance trendline got respected and gold fell again. If bulls want to take over again for 2400 ATH this channel resistance needs to get broken first. In the smaller picture we have a rising channel wich tested twice on the support side. Gold is hovering above a important support zone(2331-2327) were liquidity...