In a whirlwind of earnings reports, Amazon.com ( NASDAQ:AMZN ) managed to dazzle investors with a stellar performance in the first quarter, even as concerns linger over its cloud-computing growth trajectory.
The e-commerce giant reported a 13% surge in first-quarter sales, reaching $143.3 billion, surpassing Wall Street's expectations. Bolstered by strong demand...
Binance's CEO Changpeng Zhao has been sentenced to four months in prison.
CZ Set to Spend Four Months in Prison
After pleading guilty to one count of violating the Bank Secrecy Act earlier in November 2023, the former Binance CEO in the person of Changpeng Zhao was sentenced to four months in prison by Judge Richard Jones for failure to establish robust...
Hello Everyone,
While JPN225 is presently at its daily low, there's a bullish long-term sentiment. The current emphasis is on maintaining a price position above the weekly Pivot Point.
TradeWithTheTrend3344
hey traders
look at the chart, gold still playing in a bullish parallel channel
blue lvls = long-term fib ext
yellow lvls = long-term dynamic lvls ( Pitchfan )
white lvls = long-term fib retracement
all these 3 lvls confirm this area for potential resistance area
as long we play below the dynamic and fibs in 4H n daily TF, we can expect the selling pressure to...
The Biden administration has taken steps to reclassify marijuana use as a less serious crime. This potential policy change, if finalized, stands to be the most substantial adjustment in federal marijuana regulations in over four decades.
The U.S. Department of Justice, overseeing the Drug Enforcement Administration (DEA), has recommended reclassifying cannabis...
Price action analysis for DXY.
Important key levels.
Potential scenarios ahead of FED interest rate decision.
❤️Please, support my work with like, thank you!❤️
Hey Everyone,
Once again our chart is playing out level to level.
Yesterday we got our bearish target hit first at 2327 with no lock below and therefore confirmed the rejection and gave the perfect bounce inline with our plans to buy dips for a nice clean catch.
Today we got the lock below 2327 opening the retracement range, which was hit perfectly and gave...
The daily chart for Bitcoin (BTC/USDT) illustrates a downward trend with a descending trendline that marks the resistance level (R1). Currently, Bitcoin is priced at $60,082.01, with a significant support level (S1) at $63,097.93, which it has recently broken through. The next support levels are at $59,065.59 (S2) and $56,226.29 (S3).
The resistance marked by the...
The daily chart for Ethereum (ETH/USDT) depicts a descending trendline, highlighting a pattern of lower highs, indicating a downward pressure in the market. Ethereum's current price is $2979.55, facing resistance (R1) at $4126.11, which is a significant jump from the current levels, suggesting R1 might not be an immediate concern.
More relevant is the immediate...
The 4-hour chart for Binance Coin (BNB/USDT) shows that the price is currently oscillating within a relatively tight trading range. The price is currently at $569.6, with the chart indicating a primary resistance (R1) at $649.1 and a strong support (S1) at $490.8. A secondary support level (S2) is identified further down at $349.9.
The price has rebounded...
Hello Everyone,
FRA40 remains a favorable buy, though currently, sellers are entering the market as the price has been turned away by the monthly, weekly, and daily pivot points. However, the strength of the daily support structure has yet to be tested. Both potential scenarios remain viable at this juncture.
TradeWithTheTrend3344
The daily chart for Chainlink (LINK/USDT) indicates a recent bearish trend, as highlighted by the descending trendline, with the current price at $12.995. The chart showcases a resistance level (R1) at $16.577, beyond which R2 and R3 are marked at $21.477 and a high near $22.868, respectively.
The primary support level (S1) is set at $12.205, which is crucial for...
Hello Everyone,
The 1M/1W/1D PP for EUSTX50 has functioned as a resistance point, indicating a potential further decline, possibly even testing the 1Y Support level, before any bullish momentum resumes.
TradeWithTheTrend3344
Hello, friends! 😊Today we're looking at the Ethereum to Bitcoin chart!
As everyone knows, the Ethereum to Bitcoin price indicates how many Bitcoin units are needed to buy one unit of Ethereum. That's an important metric for traders and investors as it reflects the relative strength or weakness of Ethereum compared to Bitcoin in the market.
👀Keeping an eye on...
🧠As we approach the end of the month, the monthly candlestick may close with a negative candlestick, which is a less optimistic sign on the bullish side. It shows that it is difficult for us to reach new highs in a short period of time.
➡️So we will maintain two possibilities in the future:
First, we choose to continue to consolidate sideways, gradually compress...
End of day update from us here at KOG:
Yesterday we said we wouldn't be looking to long the market, instead we would want the higher level to be tested so that we could short the market into the highlighted region we had given on the KOG Report. We would love to say we got the perfect short but the market moved early session from the get go, not giving the...
