Alright, we're back for another goofy analysis ! This time, im trying to imagine a longer plan on Oil, what could happen in the 2 coming months.. I have a long bias, i think oil is pretty cheap right now and that it would be a good idea to buy a small long and hold it for a few months.To be honest, i might actually try that, even tho it's way different from my...
Pendle is one of my favorite tokens in the Arbitrum ecosystem. I have been covering since about 60 cents and am heavily invested myself. I believe this momentum is about to break and we are looking at a reversal to the downside. The long wicked Doji candle is a sign of reversal as well as another tap on the upward portion of the medium term channel. I would be we...
The recent moves of BTC are very remarkable: a big jump of 40% in just three weeks. But the next moves would be very tough and unpredictable. In my opinion, in weekly TF, the current support is $36000 ( Fib. 0.5 ) and the current resistance is $42000 ( Fib. 0.618 ). It is possible that BTC will be trading in this new range (need the current weekly candle to...
Pure technical analysis. After making a bullish move from November 23, 2023, GBPUSD has completed Elliott Waves (first 12345), and then made a sideways movement since mid-December 2023. In this sideways movement, GBPUSD made micro-Elliott Waves and has completed them. The extension of this wave is predicted to complete leg 3 of the second 12345 waves in the...
Pure technical analysis. EURUSD appears to have completed the 4th leg of Elliott Waves and is approaching previous support at 1.07464. There is still 1 leg of the Elliott Wave left to be fulfilled (leg E) which is predicted to be a pullback to the 0.618 Fibonacci zone, where there is equal high liquidity to be taken and then EURUSD will start a new wave...
On the daily chart. DOGEUSD appears to be at the support line of a symmetrical triangle pattern with about 30% upside to the pivot high in early December. The RSI lines are stable and flat sideways in the 40-45 range. The zero-lag MACD shows lines near to the horizontal zero level. The Fib tool suggests that a retrace to 0.09 is a reasonable target...
At long last rndr takes the golden fib, a key trend is pushed on the teal line. I expect 5$ today. And 5.4 soon after. We will reach price discovery sooner than you think.
As we have seen some interesting earnings with ourperforming assets like NASDAQ:META , NASDAQ:NVDA or NASDAQ:MSFT , our focus turns to Goldman Sachs Group NYSE:GS on the daily chart! Zooming out, we observe the completion of the higher-degree Waves III and IV, finalized at $290, marked by a Triangle where Wave E broke to the downside. Subsequently, an...
NOCIL Weekly chart consolidate on 284.65 so buy will have 294.75 sustain price should sustain on the level then buy Target 400..
I have same idea for GU as last week, i will be looking to get some nice buys in if i can and also sells to the demandzones if Ordeflow lets me in on the daily opportunities. Short but powerful analysis, keep it simple and gain by doing so!
I haven't been trading gold lately, bc of the All-time high being swept and by that gold followed some harder PA. I currently think gold is still bullish and that it could be a nice correlation between a potential DXY bearishness. Here are some zones i will have lookout for for some potential long moves or quick scalps! If this idea should be valid i would like to...
1. we have a change in state of delivery indicating bearishness, 2. we have a run on a high. 3. we have price reacting well off the entry fvg. 4. we are still at premium levels ideal for shorts.
Looking to bid JTO at the next support with a really tight stop.
Nifty is trading below 20 EMA Its in downtrend channel reversal only possible if close above 21540 on day close basis Most probably Nifty to make a low in range of (20768- 20953) It has good support around 20887. Trade carefully and be safe on longs Shorts can be more profitable, Hedge your positions, and do post your views and comments
LINK seems to be at phase D of the Wyckoff's Accumulation Schematic 2. I'll wait for entry at the given area. Exit and Take Profit levels are also found in chart. The Fib levels are for Weekly TF, if any weekly candle closes below the Fib. 0.5 is also an exit signal or invalidation condition. Disclaimer: This analysis is based on my personnal views and is not...
Welcome to the Third Wave. We are now currently heading towards the (c) station of our corrections trip. This trip has proven to be a tough one so don't underestimate the bears on the way. They can really shake you up. Don't be worried since they are the last wave of the bitcoins dark era. The big correction is finally fading away and positive ratios are back....
KUCOIN:TAOUSDT had an incredible move up last month, nearly 2x from the mid-300s to a high of $480. We've hit a short term high, and seem to be in a consolidation phase. How low will this go? Well, if we look at the Fib Retracement levels from the start of this run up to the recent high, we can identify three likely entry points: $385 $360 $315 If you...
Looks like Indian Bank might try to test 465, lets see if that happens