PancakeSwap ( BINANCE:CAKEUSDT ) has broken above its weekly moving average 100 that is a strong bullish signal. We are hours away from the confirmation of this signal when this weeks candle closes above the weekly MA100. Later on, after a possible pull back to the moving average it will continue its way toward much higher price targets as the way above is very...
Weekly=Bullish. Daily=Bullish. 4H=Bearish (waiting for shift of structure) Weekly candlesticks are show rejection from 50% on weekly Fib. Overall Bullish market so waiting for 4h to shift to bullish. Zones marked up are daily supply & demand aka areas of interest.
Applying SK-system, if the price breakout target will reach point C. for sure not straight forward, i am expecting more sequences before that. most important for the price not to break the 2.69 and close below. Any candle close below 2.69 will cancel this idea.
the beginning of post-devaluation ERA ... ALCN closing price is almost VWAP price 5M. Positive outlook confirmed by different indicators. Details is presented in the video
In the previous analysis, we had analyzed the fall of VeChain after the historic high. Now, we are in the fifth wave of elliot, and breaking the bearish channel, so we expect a big buying force due to the buying pressure due to the bitcoin ETF. Targets: 1, 2, 3, 4 Risk: 2% JB.-
Hey Traders, in today's trading session we are monitoring NZDCHF for a buying opportunity around 0.53900 zone, NZDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.53900 support and resistance area. Trade safe, Joe.
Amazon ready to print some dollars for the bulls NASDAQ:AMZN has crossed over and retested the $147 resistance turned support price. We are in an uptrend and have a strong bullish momentum. Position Set - 2 ITM contracts XETR:AMZ 3/4/2024 Call $145
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...