Probably the most popular Stock Exchange Traded Bitcoin Trust at this time, AMEX:GBTC has started a consolidation that may turn into a small triangle formation. Triangles are a form of a consolidation that can work to pattern out excessive price gains without a run or correction down. This is the weekly chart where we can see that GBTC is now above its previous...
What to expect from QNT during Quarter 2, 2024. Not much changed from previous numbers as current market moves is irrelevant to the future prices as the future prices already confirmed. Lets breakdown the prices: $116.20 New support over 1st week of April = $126.4 follow by $127.4. First Distribution price for April Accumulation stage = $132.4 follow by...
We are almost at a crucial level if we lose $63,300 and cant get above that level we could possibly be invalidating this bullish structure we have going. We did reject the point of control at $66800 but I am still holding if we continue to tap are heads at that level with or any bullish confirmations we could possibly hold the point of control as support and head...
Hello traders, BINANCE:NEARUSDT I have determined the formation target on the chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. NOTE: If my posts don't get likes, don't expect analysis or updates from me. Good luck
Scenario 1: Gap Up Opening If BANKNIFTY opens with a gap above 47957 and sustains, watch for a move towards 48166 – 48219 with a potential pullback to 48000 – 47950. Sustained trading above 48219 could lead to further upside towards 48375. Conversely, failure to sustain above 47950 may trigger short trades if prices break the previous day’s low, targeting 47397 –...
Scenario 1: Gap Up Opening (Above 22350) If NIFTY opens with a gap up above 22350, watch for potential resistance near 22390. A rejection at this level could lead to a drop below 22340. Consider a short entry if prices start trading below 22340 with a stop loss at 22400. Targets for this downside move are 22245 – 22178. Expect a bounce within this range. However,...
Pokyx trade from a student which I'm trying to correct
Displaying the Bitcoin to US Dollar (BTC/USD) exchange rate chart on a 6-hour time frame. Percent Profitable: 70% Profit Factor: 11.42 Max Drawdown: 9.73% Sortino Ratio: 2.511
Amidst a landscape of evolving financial markets and emerging technologies, Goldman Sachs ( NYSE:GS ) has strategically positioned itself to capitalize on the growing demand for AI-related infrastructure. The success of OpenAI's ChatGPT has invigorated investor confidence, leading to increased funding in promising AI startups. In the wake of the Federal Reserve's...
Probability of FSD now is pretty high, Tesla shows conviction by lowering FSD price so more and more people can try the software while opening the floodgates for more data to make the system robust enough for deployment. When looking at the amount of data estimated to be reliable enough for deployment ( 6Bn miles ) and the chart tesla published + the fact we no...
At present, the GBPUSD has triggered discount sell stops on the m15 timeframe and reached the m15 bullish order block. I anticipate a bullish pull towards the m15 buy stops and a movement towards the h1 bearish order block to fill the current liquidity void. Kind Regards, The_Architect
Hello traders, I hope you had great profits by selling AUD/USD last week. In my previous AUD/USD idea, I recommended selling AUDUSD@0.6620 zone, that call generated over 180 pips profit. Currently, AUD/USD has bounced off the support zone by almost 30 pips. This makes me wonder, if there is a potential long entry here. So, if the support level that I had...
The Hong Kong Securities and Futures Commission (SFC) has granted approval for the first spot Bitcoin exchange-traded fund (ETF) in the city. The ETF will be managed by China Asset Management (Hong Kong) and several other applicants. According to reports, China Asset Management (Hong Kong) will partner with OSL Digital Securities and BOC International Prudential...
be careful while reading ! Bitcoin (BTCUSD) is currently in a descending triangle pattern. A downward break to $60,776 could potentially send the price plummeting toward the pattern's target of $50,752. Conversely, an upward break through the triangle's upper boundary at $72,802 might propel the price to $84,226. Given the upcoming halving event, a bullish...
Current Trade: Long Nifty at 22400-22500 with stop loss of 22239 and target of 23139 Next Trade (2): Short Nifty at 23200-23500 with stop loss of 23679 and target of 21609
In a move signaling robust confidence in the cybersecurity sector, Rubrik, a Palo Alto-based firm backed by Microsoft ( NASDAQ:MSFT ), is set to embark on an initial public offering (IPO), aiming to raise up to $713 million, according to sources familiar with the matter. The cybersecurity software company is planning to offer 23 million shares priced between $28...
We are still in a scalp correction process and we have the possibility of further correction and return to our second entry point. Profit and TP were saved from the first entry point. We are with the continuation of the correction process.
Start your week by identifying the key price levels and trends. The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex. *KEY Trend direction is set by the slope of the VWAP Trend phase is determined by the current price relative to the VWAP (20) level and Elliot waves Support & Resistance are set by the...