This article is pure technical analysis. BINANCE:ARBUSDT is showing a double bottom pattern, indicating a potential bullish movement. But first, pay attention to its past price movement that led to a bullish movement of the coin, ARB had a multi-month trendline breakout. Through this trendline below there were multiple instances of resistance (highlighted in...
I like U, and from what i see on the chart, i have an downtrend line broken , and nou the price its in the discount zone but also in a bottom zone, if you want to be a buyer, this is the perfect entry. I just bought some share at 27.8usd and i will buy every dip betwen 24-28. Also in 9 November we have earnings from U , so there is another possibility for a...
After delving into technical analysis in Bitcoin, " Fibonacci Magic Levels " were created. 📉🔬 It is based on the continuity of various Fibonacci levels, ranging from a smaller scale to well-known levels. By precisely calibrating various Fibonacci retracement and extension levels in our Fibonacci Channel, we have identified highly relevant patterns in Bitcoin...
"When the VIX is low, look out below!" + FEDs motto "Higher for longer" = Fed rate hikes to go: 2-3 left it is pivot time, change of market dynamic from "bad news is good news" to "bad news is bad news". state of economy is not good and it will start sinking in to investors and public
The total stablecoin market downtrend parabola was broken this week and backtested yesterday and wicked up to form a bullish retest candle. Crypto bear market bottom is in. Expecting bitcoin to likely lead the charge as usual until we peak out on the BTC.D dominance chart pennant pattern, then alts run. In meantime gobbling up all my fav alts while they...
Hello my traders, it´s a hard time, i know it. But it is nothing new. Those how are be patient, will get rewarded! Red line 30k will act as massive resistance and the downward channel will do the same. Around 14k would be my "perfect buy", but nothing is for sure. All prices below 20k should be great as buy & hold for the long run! Play safe and don´t panic...
Through deceitfulness of the current CEO regarding a surprise share split, the stock has seen a lot of damage recently. However, keep in mind that in order for shorts to make their money/profit. They need liquidity to exit their trade. There's a ton at this level given VPR, that combined with the 0.886 Fib level, we're definitely at the max pain zone. Highly...
⚡️Some shutdown insights with chart: Chart shows longest shutdown: 12/22/18 - 1/25/19 The fear factor has always been PRE-shutdown. Not DURING or POST-shutdown. ⚡️ That means what? If we shutdown, we may dip say 2-3%. But what happens during shutdown? You'd be surprised market actually RECOVERS during shutdown. BY A LOT. During the shutdown in 2018-2019,...
The bump-and-run reversal bottom is a chart pattern that is a surprisingly good performer in both bull (ranking best for performance) and bear markets (ranking second best). It has a low break even failure rate and high average rise after the breakout. Discovered by Thomas Bulkowski in 1999.
ADA is inside a triangle that can rise if it does not break down Triple Bottom, and confirmation of the rise will be by penetrating the triangle upward.
Sp500 waiting for the DXY to head down, maybe the CPI tomorrow will be positive, marking the start of the reversal
Appears EOS has bottomed and is poised to move back up. Intra month moves appear to be sending it rocketing by March 2024. OG altcoin . As always, not financial advice.
A Look Back at 2022 and What It Could Mean for Crypto Now 🤔 Hey there, crypto aficionados! Today, let's take a trip down memory lane and explore some intriguing parallels between the current market conditions and what we experienced in late 2022 and early 2023. It's a case of déjà vu with a twist. 📉 The Calm Before the Storm: At the end of 2022 and the beginning...
BINANCE:CHRUSDT breaks the resistance of the wedge and gives us a good signal for a possible strengthening of the cryptocurrency pair while the market flagship - bitcoin makes a volume shakeout On the BINANCE:CHRUSDT chart below, I have marked the strong 25400 level. We can see that price is testing this area in a false breakout format. The problem with...
Bearish pennant or descending triangle: Equal % drop to materialize. See blue range between 20.5–19 for potential bottom. 40 dollars is resistance. Losing 35 area hurt EGLD really bad. Good DCA range though.
Jubilant food, leading in QSR and delivery business of Dominos. Stock can be seen falling from 650 levels and seen lot of correction. Stock was falling due to increase in raw material prices and margin pressure. Now sooner or later prices will come down and pass on to customer. Company has also announced capex and also launching new flavors and products. Stock...
Traders, Our CME BTC Futures chart now shows (2) two gaps to fill. We know that over 90% of all gaps are eventually filled. Usually, this occurs sooner rather than later. The big question is which one of these gaps will be filled first if we assume they will both be filled? Post your best guess in the comments below. The other thing I am looking at on this chart...
Energy Fuels (UUUU) is a Uranium and Vanadium mining company that is domestically sourced low carbon renewable energy fuel (U( and steel strengthener (V2O5). * Improving earnings - nearing profitability * Domestic contract growth * By-product Vanadium is also in demand - steel recycling * Energy market can not rely on oil and LNG alone * MFI crossing 50% and...