XAU/USD has hit an area of resistance and started showing signs of exhaustion and weakness in price while also crossing trend line as well, further confirming transitioning of price back into bearish pressure . 1749 is my current target for downside movement of pressure
BTCUSD is following bearish trend line, until it makes strong close above 38200, strong support price at 37000 (missed by 50$), price is in range between 38200 to 37000, so short setup could possible at range Resistance, and Long position setup at Support price. Looking for short position on resistance 38200, after trend line break out. ! Strong close above...
I am not buying any alts or bitcoin till i see the RSI red line is crossed. This can happen approx in 3-4months But if you wanna set buy orders set it 35% - current BTC value. For the Alts 45%, 60% - current value of the alt coin or token.
1. MiddleEast at war 2. Elon Musk manipulation (electric vs petrol wars) 3. Low buy volume in critical dips 4. MA50 Daily (blue line) starting to point down 5. Crazy hyper alt frenzy buying of shitcoins ends in bitcoin depression 6. Bad sentiment in the market now 7. Many bulls screaming 100k 8. Feeling overall is end of Dec 2017 9. H&S formations in btc and...
M1: Ongoing trend reversal which has been triggered by a doji pattern, Current candle is for the time being confirming this bearish price action (long black candle). In addition, the 38.2 % Fib ret @ 45575, has nearly been reached, low so far being 42'185. Monthly closing level at the end of May will be crucial !!! W1 : Last W1 closing @ 46'444 is below the Mid...
M1 : Ongoing trend reversal in progress. Pivot level on M1 closing @ 52'021. 38.2% Fib ret @ 41'575 ! BULLISH ABOVE BEARISH BELOW W1 : 48680 on W1 closing is VERY IMPORTANT ! D1 : 2 dojis on a row ! Ongoing candle is currently attempting to breakout the support line in green. Watch carefully at today's closing level and a failure to hold above the 49'000 area...
Hello traders and investors! Let’s talk about NIO today. First, NIO lost downwards the Descending Channel we discussed in our last study, so it just resumed the bear trend until the next support level. And as usual, the link to my previous analysis is below this post. The $ 35 area is interesting, as NIO filled an open gap , and it found a support there too...
Took some time to go over MVIS and what I’m looking at. The Market still plays a roll on our price action. It has nothing to do with a lack of value in the company and/or products the produce. Shorts have used the crumbling market as a tool to drive price down further. It appears we may have hit a double bottom around $12.56 - $12.57, but hit a hidden dynamic...
This is to go off my 1 Day chart. Bounced off the 760 range and ran up and now looking like will bounce off those red lines and continue to correct back to mid 600s. Should be good to go by March! Tesla long term is still Bullish! Short term is Deffinitely Bearish. Good luck. Load some puts and ride some short calls on the bounce off supports.
600s are most likely inbound by Friday. It has failed to hold support and in a clear bear trend on the hour charts. Once it bounced off the 760 opened a call OTM and made almost $300 and as soon as I saw the reverse i closed out. Opened $780 put at $786.60 exp. 2/26. Will be riding it down to and will pick up a call for the quick up trends to scalp! Have fun...
Flow with the market, listen to it when it speaks
With so much happening against Nikola this year, some expected it to be already in the single digits, nevertheless the stock still trading around $35 bucks. However I think that after this coming December the speed in which the stock is falling could accelerate, as major stock holders will be able to sell at will its shares locked in contracts until then. So the...
Despite the multiyear lows in Uranium, it seems that stocks like U are not having enough capital to take it higher, in the opposite, investors are selling out to invest elsewhere, perhaps looking for more attractive yields. I think Uranium Participation will revisit much lower levels, perhaps around $3.5 in 6-9 months, until the whole Uranium sector changes...
According to the Kurutoga Cloud, we can see TSLA just tapped into its support zone. Will it bounce back up or break through support? Comment your thoughts! Monday is key, if it falls below it will be a start of a bear trend and fall into the high 300s. While if it continues its bull trend Monday is a great opportunity to buy.
I think the price may be forming a big bear flag here. Just added commentary on the last analysis.