Could this be a head n shoulders on the 15 min Tf. Keeping everything simple DXY is going "back" up simultaneously making Xauusd go down so I expect for gold to reach 1988.30
The GBP/NZD pair on the M30 timeframe presents a potential selling opportunity due to a well-defined bearish channel pattern. This pattern suggests ongoing selling pressure and a higher likelihood of further declines in the coming minutes or hours. Key Points: Bearish Channel: The price has been trading within a descending channel characterized by two falling...
The Hypothesis Since Nov 2021 after the COVID19 spike, Lithium prices have taken a beating and have been trending downwards. My hypothesis is that the previous spike was hype mainly driven by COVID19 speculative behaviour and if we just discount that overvaluation we will be at a fair price that has not included the continual demand, the consumer shift in...
The market is eagerly awaiting the latest quarterly results from NVIDIA. The share has exploded in recent months and many investors believe that a significant correction is overdue. Other traders have entered the market late and are speculating that NVIDIA will continue to rise. Despite the sharp rise in the share price, there are good reasons for further growth:...
Hello Today I analyzed the EURUSD currency pair very carefully - in my opinion, we will see huge drop, this is not investment advice.
BITSTAMP:BTCUSD The Bitcoin is entirely speculation? Fundamentals support the price of it? The Bitcoin is not entirely speculation, it is the price of the fundamentals. The Bitcoin factor indicator is calculated by Bitcoin fundamental factor, it can reflect how much of the Bitcoin price is supported by the fundamentals. The green line is the Bitcoin factor in...
BITSTAMP:BTCUSD Can't you invest Bitcoin for it's price fluctuations too big ? I backtest the Bitcoin long-term strategy using historical data in 7 years, total return is 101, maximum drawdown is 35%, annualized sharpe ratio is 1.99. In the chart above, the yellow line is the net value of account, $10000 in the January 1, 2015, to 1.02 million dollars in November...
BITSTAMP:BTCUSD How much the Bitcoin fundamentals can explain the price of the Bitcoin ? My latest research shows that the new Bitcoin factor can explain 92% of the the logarithm of Bitcoin price. The Bitcoin factor indicator is calculated by Bitcoin fundamental factor, it can reflect how much of the Bitcoin price is supported by the fundamentals. The green line...
BITSTAMP:BTCUSD Can't you invest Bitcoin for it's price fluctuations too big ? I backtest the Bitcoin long-term strategy using historical data in 10 years and new Bitcoin factor indicator, total return is 23K, maximum drawdown is 41%, annualized sharpe ratio is 3.27. In the chart above, the yellow line is the net value of account, $10000 on October 1, 2011, to...
Another quick potential shoot upwards for DJ US30 What a an unbelievable asset right now!
- SPX currently at the magical line of 5k - an asset trading at new ATHs is never bearish HOWEVER there are some warning signs that a diligent investor should be mindful of: - market breadth extremely weak - a handful of (tech) stocks are responsible for almost all of the recent gains in SPX - general sentiment at euphoric levels - 8 biweekly green candles in a...
Tesla ( NASDAQ:TSLA ), the trailblazing electric vehicle manufacturer, finds itself embroiled in a contentious battle in Germany as local residents voted against the authorization of a crucial factory expansion in Brandenburg. The rejection casts a shadow over Tesla's ( NASDAQ:TSLA ) ambitious plans to bolster its production capabilities and underscores the...
OP Optimism formed a potential double-top pattern after a second rejection at the same level as the previous one. Breaking down through this neckline can indicate a potential movement to the downside. Also, the volume is decreasing.
Over 145,000,000 NASDAQ:OM staked on #MANTRA which is over 17% of the circulating supply! Unlocking the $16 Trillion #RWA economy - MANTRA is a bigger project in cosmos ecosystem and easily will hit a Billion MC. app.mantra.finance/staking #OM
Rally to continue up to 60k psychological level before a full retracement back to 43k
Nvidia ( NASDAQ:NVDA ) has long been hailed as a prime beneficiary of the AI boom, with analysts projecting staggering revenue growth in the fiscal fourth quarter. However, with the stock trading at a hefty valuation and investors expecting nothing short of a blowout earnings report, there's little room for error. Any hint of disappointment could send shockwaves...
I invite you to review the LTC pair to USDT chart. In this situation, we will start by defining the downtrend channel using the blue lines. Going further, looking at the current price decline, we can determine a strong support zone from $67.55 to $66.41, which is also at the lower border of the channel. Looking the other way, there is resistance at $68.76, then...