Heres my best prediction for BTC, please do note that i am BY NO MEANS at all an expert, and it would or should and could meet at 85 percent down, 10500 short for now, and long from 12 july onwards, its the bull reversal drawn out here :)
ETH could be nearing a bottom. The selling has been brutal. ETH has sliced through its 200 SMA on higher time frames, i.e., the weekly chart. In the coming days or weeks, if COINBASE:ETHUSD hits 875 approximately where the orange circle appears on the chart, the second leg of the decline will be proportional and 100% of the first leg of the decline in...
The past doesn't predict the future and the future doesn't predict the past. But there're streaking similarities in these formations circled. A bottom appears to be forming. Of course on the other hand we have very bad fundamentals. And fundamentals can throw a curve ball at any technical analysis.
Chart says it all, classic bottoming tail on ETH daily.
Arguments pro a bullish scenario in $SOX / $SOXL: We have reached the 78.6 % fib retracement in SOXL According to the seasonal chart from the last ten years (see the SEASONAX screenshot at the top), in 9 of 10 cases the $SOX had made a bullish move from the 17th of May until the 8th of June At some point, the semiconductor shortage must affect the...
Compressions patterns are an important one to watch for in sideways action like a bottom formation. These form as buyers gain dominance over sellers. I'd like a tighter consolidation to develop at the current resistance for lower risk for entry on the breakout.
The "neckline" of the bottom after the market collapse of 2020 is very strong support as the selling at this juncture was a panic mode due to the pandemic economic lockdown. Stocks collapsed beyond fundamental levels at that time. This support level is going to thwart downside action for many stocks near this area. This kind of pattern warns of the impending...
Apple Short Term - We look to Buy a break of 140.40 (stop at 136.34) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Posted a Bullish Hammer Bottom on the 4 hour chart. This is positive for sentiment and the uptrend has potential to return. A break of 140.00 is needed to confirm follow through bullish...
INVESTMENT CONTEXT In a remarkably divergent trade, on May 19 BTC regained USD 30k threshold and many Layer-1 currencies (ADA, ETH, XRP) moved up at least 4% while the S&P 500 headed towards the 7th consecutive week in red U.S. President Joe Biden is touring Asia in an attempt to launch the Indo-Pacific Economic Framework (IPEF), countering criticism that...
Bottom Buying Idea Buy GNA AXLES above 575 - Small Resistance around 595-600 levels - For Short-Term: Keep SL of 519 (DCB) - For Mid-Term: 1. Add more around 515-520 2. SL for Mid-Term: 460 Targets: T1: 644 T2: 685 T3: 720 Recommend this pick for Mid-Term. Levels marked on chart!!
Hello Crypto traders and investors! Today we will talk about cryptocurrency Origin Protocol (OGNUSD), in which we see quite interesting bounce after we noticed a completed A-B-C correction from all-time highs. Origin is a protocol for creating sharing economy marketplaces using the Ethereum blockchain and IPFS. It empowers developers and businesses to build...
$HOOD is very underpriced here imo, and this looks like it could be the start of a nice bottom
In case you've been living under the rock, on 3rd of Feb. at the market close FB has fallen instantaniously for 20% and is since then continued to drop. I am not gonna focus on the news even though they did play a role here. Something had to happen somewhere between those large market cap stock and it looks like FB is leading the crash. Just so you know i don't...
Like i've been saying, the chances that TSLA (and other large market caps) are in a bear market is extremely likely. If this bottom holds, which is likely, i expect some kind of a retracement to somewhere near 0.702 fib. retracement level. During this time DJI index should still set new ATH but not by very much. I am not a financial advisor so non of this should...
What if chart following May Dump. The match between dumps is significant. Now we are in parallel downtrend channel which gonna be lost soon. We may see bottom at 38 000$, thanks for support level from ALSO MAY DUMP. Every PUMP precedes by insignificant DUMP of approximately 5% in this case. There is also present magical dates of 20-29 when most of pumps took place...
Bitcoin is oversold and sellers are EXHAUSTED. Bitcoin is showing a swing high, swing low pattern that is similar to beginning of 2021 and mid-2021. This makes it so hard to be bearish... Bitcoin's technical indicators, on-chain analytics, historical data, and short-term fundamental outlook is becoming increasingly bullish by the day. WHAT HAS HAPPENED...
This one to me looks great on multiple timeframes with technical's and price indicating evidence of bottoming with another move higher. Short term conditions - Long term conditions - My stop is 1 ATR below the .618 level and target is 2.20which represents a very good risk to reward ratio of 1:5 at current levels.
Palantir $PLTR could have found bottom possible INVERSE H&S pattern on weekly needs to get back over 18 to confirm a pattern within then next 2 candles (weeks) needs to hold above $16 or further downside risk