π Analysis: Market Observation: FIL shows continued bullish momentum, breaking resistance and retesting it as support. Current Situation: The retest of support at $10 offers a potential entry opportunity. Strategy: Wait for confirmation of support holding before entering the trade. Entry Point: Consider entering the trade between the range of $10 to $11. Take...
π Company Overview: Rollins NYSE:ROL : Specializes in pest and wildlife control services, capitalizing on increased demand for pest control driven by factors like more time spent at home and migration to warmer climates. Acquisition Strategy: Rollins is consolidating the fragmented industry through serial acquisitions, expanding its market reach and...
π Company Overview: Opera NASDAQ:OPRA : Known for its web browsers, Opera is expanding into the AI space with its Aria browser AI service, attracting over 1 million users. Financial Performance: Opera's revenue surged by 17% YoY in Q4, surpassing guidance and consensus estimates, indicating strong growth potential. User Acquisition: Opera's focus on user...
I have to say that I almost finished my analysis but somehow my page got refreshed and it got lost.. So I will summarize what I wanted to say: Pattern recognition is important and are (magnified) copies, and following signs are bullish: * Compare the blue and pink rectangulars * we are hovering above the 200 ema * if we have a break-out of the pink...
Last weeks high: $73775.8 Last weeks low: $69170.3 Midpoint: $64564.9 After making consecutive new ATH's Bitcoin has now experienced it's first prolonged pullback. Before these last few days we saw each dip as more of a leverage flush with a near instant V-shaped recovery. This however is more of a traditional pullback, the main level of note is the previous...
Bitcoin has been performing exceptionally well over the last months. This cycle is the first cycle where Bitcoin has made a new all-time high (ATH) before the halving, instead of after. The most likely cause for this are the massive ETF inflows which boosted the price to new highs. Historically, Bitcoin has always peaked in Q4 of the next year after the halving....
Hello,Friends! We are now examining the NZD/USD pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.613 level. β LIKE AND COMMENT MY IDEASβ
Hello,Friends! We are going long on the AUD/USD with the target of 0.663 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. β LIKE AND COMMENT MY IDEASβ
Check out this setup. Highly likely that we will see a breakout to the upside. Idea is: - Buy the breakout - Exit trade at one of the targets Remember to set your stop losses and trade safely.
πSound on!π Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
Hello,Friends! CHF-JPY downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 169.414 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the CHF/JPY pair. β LIKE AND COMMENT MY IDEASβ
Hey Traders, in tomorrow's trading session we are monitoring USOIL for a buying opportunity around 80.20 zone, USOIL was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 80.20 support and resistance area. Trade safe, Joe.
Hey Traders. in tomorrow's trading session we are monitoring DXY around 103.300 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 103.300 support area. Trade safe, Joe.
Hey Traders. in today's trading session we are monitoring USDCAD for a buying opportunity around 1.34700 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.34700 support and resistance area. Trade safe, Joe.
At we take a look at the ETH/USDT, we can see that is is trading in a massive broadening wedge pattern. Every time it touched the trendline, it bounced nicely. Will history repeat itself? Another thing to keep in mind is that the area which it touched is also lining up with the golden pocket for extra confluence. This is still a bullish chart until support...
#ALPHA/USDT #Analysis Description --------------------------------------------------------------- + ALPHA is currently forming the saucer pattern that we have seen in BINANCE:LITUSDT + The saucer pattern typically indicates a bullish sentiment, suggesting that once the price surpasses the resistance line, a significant price increase can be anticipated. +...
#ARB/USDT #Analysis Description --------------------------------------------------------------- + ARB has unmistakably formed a symmetric triangle pattern and has broken out from it. + Currently, the price is retracing back to its support level. + I perceive this as a favorable opportunity to enter a long trade with an appropriate stop loss in...
#ALICE/USDT #Analysis Description --------------------------------------------------------------- + Alice is exhibiting a distinct RSI bullish divergence, indicating a forthcoming bullish trend. + As depicted in the chart, the price has experienced a minor surge following the bullish divergence, accompanied by a decisive breakout from the resistance line. + This...