After a successful acquisition of #Slack by July 31st (per their regulatory filing ), #CRM is poised to return to previous resistance levels.
I like ~ $261 (R1) as the next clear direction for the stock. If broken, watch for a return to ~ $270 (R2) as well.
With data provided by MarketBeat.com , the average consensus price target from analysts is $278.65,...
BTC has recently had one heck of a dip over the past few days, but looks like a descending channel has now begun to form (red lines) that looks like a bounce might be in order.
A bounce from around the current price also looks to be nicely around the 38.2% long-term Fibonacci retracement from the most recent high. Additionally, the 4-hour chart looks to be giving...
EURUSD still in the mid-term downward channel.
As shown in the figure, the EURUSD fell from a high of 1.2349 on January 6 to a low of 1.1704 on March 31, and rebounded sharply to around 1.2150 in April. The entire graph can form a "mid-term downtrend channel". The current price Around 1.20 integers.
The EURUSD price must rise above the April 29 high of 1.2150 in...
PLUG is arguably the leader of hydrogen fuel cell company. However, there are several concerns that need to be addressed.
#1. Hydrogen clean energy is still at the proof-of-concept stage and the natural gas industry seems to be its biggest advocate. Hydrogen gas is emission-free only if it's made by electrolysis from renewable energy.
#2. Currently, major...
CHARTER COMMUNICATIONS INC (#CHTR)
Downward channel taking place from December 2021
Higher low on the 6 April 2021 which may lead to a reversal
Gradually closing above the 50MA
MACD sloping up ( a close above 0 would confirm the positive momentum)
RSI in the middle, room for upside
Target USD 680
Stop loss USD 600
$TIGR is currently on two pattern indicators. Macro it appears to be heading towards the top of a downward channel. This would appear bullish and a break of the channel could lead to the start of a Wave 3/5 the largest wave. Alternatively there is a bear flag forming on the hourly. The downward trend of the last two months could have a 5th leg and I would project...
The chart is purely technical, trendlines respected, resistance is 33.5 but we should more or less have a clean shot to 34k if we have confirmed the brake out from this downward channel. Overall bullish if we are heading up. Still midterm indecisive, we can always visit 30k for another retest.
Let's se how bullish we are.
Not financial advice.
The price level is about to hit the supply zone as well as it's starting to cross the UPPER Bollinger Band. Plus, there is a merging triangle trend. The price is expected to reverse its direction and keep decreasing for the next month or so.
EUR/CAD 🇪🇺 🇨🇦 has been moving within the Downward channel. Taking a look at the ROT and 21&89 EMAs bullish cross we can expect the good bounce from the midline and an attempt of the pair to break from he channel.
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I'm going to go through all the major DeFi Crypto offerings over the next little while. Calling it "In Depth Defi". Instead of "In DepthFi". Still unsure on that one. If you like it, enjoy, and feel free to leave a like. If you dislike it, also leave a like, just aggressively click the button. I'll be able to tell the difference.
COMP is a pretty major DeFi ...
WAVES is a blockchain protocol used to make dapps; among other, fairly standard offerings like smart contracts and wallets.
It's been around for a bit, rewarding long term investors with 80% losses at this moment from it's highs at listing. Hodl and wait you say? Well you have fun with that.
On the WAVESBTC 1D we've got an interesting potential situation...
Quick one this morning.
"Sometimes good things fall apart so better things can fall together." - Marilyn Monroe
LINK was once a monster, with questionable merit granted, but the numbers don't lie.
Since it's peak we've seen steady declines. Historical support was just smashed through the other day.
I'm predicting further declines. LINK tends to trade on...
ALONG WITH BREAKOUT OF DXY SLIGHT DOWNWARD CHANNEL. Chart speaks for itself: daily higher lows/highs rebounding from downtrend, price is in golden pocket of fibonacci retracements (daily). R/R currently 2.62 if TP is at -.618 Fib extension