The Alt Season is around the corner, I can see it on this chart! It's not a question of if it will happen, but when it will happen. The lighting network is not supported by major exchanges because they don't want it and it's not in their business plan (as per the statement). This is, at this moment, very positive for altcoins. It's really important to pick...
Germany's largest carmaker and DAX40 group Volkswagen did not perform well on the stock market in recent months and the share price went south. Since the beginning of the Ukraine war, the price lost slightly over 50% or 126€. On the overarching chart picture, however, this sell-off is only part of an overarching correction according to my assessment. The market...
Bitcoin broke a temporary downtrend with an impulse up. With the 1 marked on the fib tool, I drew down to where the impulse started from. Noticing that it retraced without a bar close below the 88 percent retracement effectively, I entered the trade. Luckily, it has not reached the 161.8 percent extension of its golden ratio sequence of the pattern that all assets follow.
Pair: AUDUSD Timeframe: 4H Analysis: Round number level, trend line, volume profile, support and resistance, consolidation break ————— Key Takeaway: Been ranging for some time now and we finally saw some breaks to the downside toward the end of last week, we are looking for re-tests of this broken level of support before shorting as USD has gained some strength...
Order SELL IWM ARCA Stop 164.04 LMT 164.04 will be automatically canceled at 20230401 01:00:00 EST IWM weekly bearish hammer wave 5 downtrend take profit at 168% fibonacci extension of wave 4 downtrend, stop loss above the hammer.
Stop loss and Target provided on Chart everything on Chart you can see 2 levels meet on support levels
Short move within Equivalent Triangle (Rising Support to Falling Resistance top) Trade with proper stop loss Watch for breakout of Symmetrical Triangle Pattern Ride the trend with trailing stop loss and TP @idnetified fib levels
Nifty 50 today, Trending on 1.414 based on previous chart.
Exxon Mobil Corporation ( NYSE:XOM ) Sector: Energy Minerals (Integrated Oil ) Market Capitalization: $413.096B Current Price: $99.12 Breakout price: $100.00 Buy Zone (Top/Bottom Range): $97.60-$87.90 Price Target: $105.00-$106.20 (3rd), $120.10-$121.70 (4th) Estimated Duration to Target: 26-29d (3rd), 85-91d (4th) Contract of Interest: $XOM 10/21/22 100c,...
Constellation Energy Corporation ( NASDAQ:CEG ) Sector: Utilities (Electric Utilities) Market Capitalization: $29.200B Current Price: $88.17 Breakout price: $89.45 Buy Zone (Top/Bottom Range): $86.80-$82.45 Price Target: $93.20-$95.00 Estimated Duration to Target: 21-23d Contract of Interest: $CEG 11/18/22 95c Trade price as of publish date: $3.00/contract
Hello everyone, let's take a look at the 4H BNB to USDT chart as you can see the price is moving in the local uptrend channel. Let's start by setting goals for the near future that we can consider: T1 - $ 289 T2 - $ 323 T3 - $ 355 T4 - $ 401 and T5 - $ 460 Now let's move on to the stop loss in case of further market declines: SL1 - $ 279 SL2 - $ 261 SL3 - $...
Silver is performing magnificently, exactly in the momentum moves envisioned by the Elliott waves. At the moment, we are in the wave (iv) of the . The wave (iii) we have completed at the high of $ 21.3 A slope of almost 19% in less than a week. Where else is there something like that? We reach the end of wave at least at the 1.618 extension at 22.135$, but...
US OIL still has a correction of at least 30% ahead of it. According to the Elliott Wave calculations, we have seen the end of the correction of the superior 2 in April 2020. Since then, US OIL has risen almost 20000% to the top. Those who were invested then have been able to take good profits. Unfortunately, these times are over. We saw the top at the beginning...
Silver got off to a good start and built a clean 5-part move through September 12, where it closed the wave at $20,020 per ounce. Expected after wave is a correction between the 0.618 Fibonnaci retracement and the 0.887 Fibonacci retracement. This area, starting from 18.4$ has silver now expired and with the entry of the territory of the (i) now the...
Pair: GBPUSD Timeframe: 4H, 1H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern ————— Key Takeaway: Just approached a very significant level of resistance where we have seen alot of consolidation. We could either see a bounce or break, we have to be ready for either move ————— Level needed: need a close by...
Pair: EURGBP Timeframe: 4H Analysis: Round number level, trend line, volume profile, support and resistance, breakout, descending triangle ————— Key Takeaway: Just approached mass support with alot of historical strength, we have also followed along with our downward trend line for some time. We need to see a break and retest of this level of support before...
Pair: USDJPY Timeframe: 4H Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle pattern, breakouts ————— Key Takeaway: We have seen price consolidating in a ascending triangle manor for the past week and we might finally see a breakout this week. We have been using resistance and high volume profile together and the...
Pair: GBPUSD Timeframe: 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern break, ascending triangle pattern ————— Key Takeaway: Last week we saw a break of pennant pattern and the pair showed overall strength with BOE attempts in rescuing GBP. We are looking for a break of this next level of resistance and a...