Technical analysis behind my long trade on Luna Ive been following a potential W pattern on Luna for nearly a month now and most recently we have saw a change of structure and on the 25/02/22 price is testing the neckline. The move towards the neckline seems to be an impulse 12345 where the 3rd leg is the biggest in price percentage. if the 3rd leg breaks the...
The price is creating a descending channel on the daily timeframe and after a retest of the demand zone, the price bounced to 100$. On the lower timeframe, we can see a breakout from the 4h and 1d channel and the price is testing an important resistance on 103$ on the 0.618 Fibonacci level. How to approach? We are monitoring the price we want to see a clear...
The price had a nice bounce from the daily support 35k and had a breakout from the descending channel, it's a good sign. On the daily timeframe, the price is going to retest another key level on 46k, if you look on the left, you can see how the price respected that level. On the 4h timeframe, the price is testing the dynamic support as new resistance on 44k. How...
CVS Health Corporation ( NYSE:CVS ) Sector: Retail Trade (Drugstore Chains) Market Capitalization: 136.895B Current Price: $104.30 Breakout price: $104.50 Buy Zone (Top/Bottom Range): $104.40-$100.45 Price Target: $100.40-$102.00 (reached), $112.80-$113.90 (2nd) Estimated Duration to Target: 107-112d (2nd) Contract of Interest: $CVS 6/17/22 105c Trade price as...
I'm Bullish on LINK, but which way will it go in the near future? Here are my targets for the short-medium term. Also keep an eye on BTCUSD. So long as it's above the 20 Week SMA and 21 Week EMA, LINK could be bullish, JUST so long as BTC does not move too violently to the upside or downside. If BTC moves too fast, it may simply outperform LINK. But if LINK is...
Technical Analysis We have continued to have a shallow retracement at the 23.6% level for months. Price has attempted to break above the 1.18 and 1.27 extension to no avail. I am anticipating a retracement atleast to the 38.2% fib level, wishful thinking but a retracement to the 61.8 would be even better. I'm looking for a deeper retracement on this pair. ...
We have a bit of Bullish Divergence on the RSI and MACD at the PCZ of this shark best case scenario is it comes up to make a Higher High at the 1.618 Extension
My strategy always boils down to 2 entries for 1 stop loss which is in my opinion the most important. Long: 1- Entry 0,618 Fib Retracement 2 - cloud support STOP LOSS: 0.8% BELOW 0.786 FIB Retracement Target: 1 - 0,5 Fib Retracement 2- 0,236 Fib Extension (from 0.5 fib Retracement, increase stop to 0.618 fib Retracement and go up with each achievement of...
Technical Analysis On the 4HR to the downside we experienced a shallow retracement and price appears to have stalled at the 1.27 and 1.18 level. Anticipating potential retracement to 1.888X to 1.894X area before a potential continuation to the downside. Fundamental Analysis Australian Dollar has weakened as a result of Russia invading Ukraine. Australian...
BINANCE:ETHUSDT The war started at the end and according to any news that comes The situation for the digital currency market is getting scarier And this fear causes the market to fall, but what Over the years, I learned every move Due to fear, he returns quickly
BINANCE:ETCUSDT If you are looking for a good trend, one of the good offers is definitely this currency
BINANCE:ETHUSDT We had a good move exactly according to the previous analysis Which has grown by 6% so far and is close to the first ceiling
HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, A LOOK AT THE US500 INDEX THIS WEEK SWING * The index was trading in a DESCENDING channel but seems the channel is now RUNNING out of steam as we see consolidation at the base of the channel and the formation OF A DOUBLE bottom in the cards. - Short term the index is currently in reversal formation in...
The price had a rejection as expected from the Supply zone and we made more than 7% since our previous idea. On the daily timeframe ( the upper one) the price is testing a key level on 37k, if you look on the left you can find rejections and bounces, which means that this area is very strong, exactly on the 0.786 Fibonacci level. On 4h Timeframe we can find an M...
The price had a breakout from the daily support around 0.2$ level and now the market wants to retest the previous support as new resistance on the 0.382 Fibonacci level. How to approach? We are monitoring the price action, if the price is going to have a rejection from the previous support and retest the current 4h support as new resistance, According to...
I think we're currently in the 4th wave. 5th wave most likely will reach the Final Fib Extension (green dotted line). I think Tech Stocks Bubbles has already started popping. And I think we'll enter a massive bear market in the coming years. This is not financial advice, just my views.
SPDR S&P 500 ETF Trust ( AMEX:SPY ) Sector: Miscellaneous (Investment Trusts/Mutual Funds) Market Capitalization: $ -- B Current Price: $434.23 Breakdown price: $429.00 Sell Zone (Top/Bottom Range): $448.00-$457.00 Price Target: $422.20-$420.10 (1st), $384.20-$382.00 (2nd) Estimated Duration to Target: 14-17d, 48-50d Contract of Interest: $SPY 3/7/22 420p,...