There has been a significant bullish momentum for Marathon Digital Holdings ( NASDAQ:MARA ), a prominent player in the Bitcoin mining industry. The stock has been performing well, and the company has recently reported a record-breaking Bitcoin production and mining operation for December 2023. One of the key factors driving this bullish trend is the recent...
NYSE:IONQ has retraced back to its IPO price and holding a minor resistance level at this price $10.50. I believe this is a good entry for a swing position as this is one of the leaders in the Quantum computing space and recently opened doors to the first Quantum computing manufacturing facility in the U.S. Cutting-Edge Technology: IonQ is at the forefront of...
This post is dedicated to all NYSE:GME Bag holders!! Time to get your money back in Green. NASDAQ:HOOD has taken a major hit to its price ever since the NYSE:GME debacle and deservingly so. With that said this company has brought in a whole generation of investors. The price is highly undervalued and poised to make a surge on the upside. The Technicals:...
📊 Analysis: Gaming Narrative: The gaming narrative is gaining momentum, potentially impacting GALA. Testing Support: GALA is currently testing support, offering an entry opportunity. Buy Zone: Enter a spot trade in the support area between $0.04275 and $0.045. Take Profit Strategy: Consider taking profits at the next resistance zones, either $0.0485 - $0.0525 or...
BITSTAMP:BTCUSD we are at a decision point in the pennant formation. The squeeze will result in more sideways action, expect a close not much higher than where we are right now. I do expect there to be some price swings and should offer day traders a chance to make positions on the fibs without much risk.... aside from this being a very very risky area to...
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.61700 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.61700 support and resistance area. Trade safe, Joe.
📊 Analysis: Reclaiming Previous Range: AAVE is showing signs of reclaiming its previous range, signaling potential upward movement. Buy Zone: Look for a retest of resistance turned support in the Buy Zone between $115 and $125. Higher Low Setup: Establishing a higher low can indicate trend continuation to the upside. Take Profit Strategy: Consider taking profits...
Make cup and handle formation or back to mid-45K or 50K before the halving and to skyrocket even more. How far think bitcoin has to drop before skyrocket even further ? Or you think bitcoin has to hit 70K in order to drop down in order to go even higher. What do you think?
We are at a point where we are seeing lot happening in few days. Some say its good for BTC, some say its bad. I think there are two possibilities present in market (some will say that's always the case, right! But here me out here) I think this is a breakout, I also think this will be last breakout in BTC's life on upside, but before BTC completely dies out,...
DAX has seen some deep pullback in 2023, but it was A-B-C drop into the important 14400-14600 area. We can see nice and clean impulsive recovery from that support area and back to new highs, so bullish trend is back and it's very strong one; a move that can resume even higher after recent consolidation. Ideally that's wave 4 that can be now completed with current...
The DeFi Index is a capitalization-weighted index that tracks the performance of some of the largest protocols in the decentralized finance (DeFi) space. DeFi Index is trading an in impulsive recovery away from the lows, which is from Elliott wave perspective ideally unfolding a five-wave bullish cycle. After recent corrective slow down, which we see it as a wave...
Cardano with ticker ADAUSD can be trading in a higher degree wave (5) that can retest the December 2023 highs. Looking at the short-term hourly chart, we see it slowing down for subwave iv correction before a continuation higher for wave v of (5) towards 0.70 - 1.00 target area. Ideal support comes here around base channel resistance line and 0.58 - 0.56 area.
If the current weekly candle on bluzelle can close above the rimline for this cup n handle pattern it should solidify the current bullwick it has made after having a sizeable dip below the rimline earlier in the current weekly candle. Only have to worry about readjusting the measured move line in my opinion if we close the weekly back below the rimline as I would...
Army of investor Shiba if you are still holding.. stay on hold.. DO NOT SELL. Should feel a massive pumps towards Shiba and soon we should be expecting x300-500x soon Maybe more. Do not sell. If you bought it in 0.00003000 area or lower.. hold it. Shiba is ready to lift off and we are in a bullrun state. Do not sell until the new Year of All Time High hits as...
#SHIB/USDT #Analysis Description --------------------------------------------------------------- + SHIB is currently looking to breakout from its resistance zone + I see a clear bullish divergence with the RSI and price. Overall SHIB is showing a bullish signs + For the long term trade, i'm planning to enter a position at the current price....
#SOL/USDT #Analysis Description --------------------------------------------------------------- + SOL is showing confirmed breakout from the resistance. + Next target for the SOL is its previous all time high + With this strong breakout, i'm expecting the price to continue the bull trend. --------------------------------------------------------------- ...
There is one thing that beginner traders rarely understand about bull markets. Traders can lose money in a bull market as much as in a bear market. This week reminded us about the brutal volatility that makes crypto both loved and feared. The market briefly went into a tailspin after a rejection just above the $69,000 previous all-time high. The Bitcoin price then...
📊 Analysis: Meme Coin Movement: DOGE has experienced movement, but there might be potential for increased momentum. Current Position: DOGE is currently at support, providing a potential long trade opportunity. Entry Strategy: Consider laddering into a spot trade within the $0.145 - $0.16 support area. Profit Targets: Potential profits at $0.18 - $0.205 or $0.30...