Pair : Germany 30 Index Description : Symmetrical Triangle as an Corrective Pattern in Long Time Frame and Rejection from Upper Trend Line RSI - Divergence Break of Structure Impulse Correction " AB " Fibonacci Level - 61.80%
BlackRock has significantly increased its investment in Bitcoin over the past year. This is partly due to strategic partnerships with MicroStrategy and Coinbase. As of April 2024, BlackRock holds 274,462k BTC worth $17 billion in its spot Bitcoin ETF. This amount is more than MicroStrategy, which holds 193k BTC. It is important to note that MicroStrategy was...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure and Retracement RSI - Divergence Consolidation Phase Completed " 1234 " Impulsive Waves
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 1234 " Impulsive Waves Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line RSI - Divergence Fibonacci Level - 61.80% Impulse Correction
Analyzing the options chain and the chart patterns of COIN Coinbase prior to the earnings report this week, I would consider purchasing the 200usd strike price in the money Calls with an expiration date of 2024-5-3, for a premium of approximately $38.75. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
💎 Paradisers, get ready for a fantastic opportunity with #JOEUSDT as it shows a high probability of a bullish continuation from its demand zone. 💎 We've noted that NYSE:JOE consistently adheres to a descending channel, frequently respecting its channel resistance. Currently, as the price approaches a key demand zone, maintaining momentum at this level could...
MSOS - High Conviction Play; Likely to Break Ascending Triangle Another High Conviction Play - The Cannabis Sector On the chart for AMEX:MSOS , the Pure US Cannabis ETF, this is another ascending channel, that was having its leg down and touched the trend line on Friday and bounced off of it. There were fake reports coming out on Friday and my twitter feed was...
Analyzing the options chain and the chart patterns of Z Zillow Group prior to the earnings report this week, I would consider purchasing the 47.50usd strike price Calls with an expiration date of 2024-6-21, for a premium of approximately $2.15. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I think we will see a move to the upside in this upcoming week (just food for thought) I will update this idea after I check news on Sunday
Key Developments: The E-Mini Nasdaq 100 futures contract has had a rough month in April. Some of this correction was due to fears surrounding higher interest rates and persistent inflationary pressures. However, we believe most of the weakness had to do with other technology stocks that had reported earnings prior to META, GOOG, and MSFT. ASML, a semiconductor...
Tesla ( NASDAQ:TSLA ) has reportedly struck a deal with Baidu ( NASDAQ:BIDU ), China's leading search engine, to enable its Full Self-Driving (FSD) system in the country. The agreement, which grants Tesla access to Baidu's mapping license for data collection on Chinese roads, marks a pivotal moment in Tesla's expansion efforts in the world's largest automotive...
The USD/JPY pair witnessed a dramatic intraday turnaround and tumbled over 570 pips from levels beyond the 160.00 mark, or the highest since October 1986 touched earlier this Monday. Although an official announcement has been made so far, the possibility of an intervention by Japanese authorities to support the domestic currency was cited as a key factor behind...
Navigating through periods of political uncertainty requires a strategic approach. As the 2024 US presidential elections loom on the horizon and global geopolitical tensions simmer, investors are seeking avenues for potential growth while mitigating risks. Among these options stands the Vanguard VWCE Funds, offering a diversified portfolio that may weather the...
UPDATE 29.04.2024 . The price action working as per the previous update, I have no other words since we knew shii was gonna come anyway. But I'll give the key point that might change the game, it's around 59.6K-58K . Other than that, we might just go small bounce like sunday morning, overall we r on correction phase . . . . Stay Safe X.CO . P.S If you want...
Gold has ended its 5-week winning streak, but it can still increase Gold ended a five-week winning streak on Friday, but its rally is likely not over yet as favorable factors such as demand from central banks continue, even as a wave of net withdrawals continues. from gold ETFs began to reverse. Gold prices increased 0.3% to 2,348.75 USD, but fell sharply...
Gold slid after high inflation in the US extinguished expectations of the Fed cutting interest rates Gold fell ahead of the Fed meeting, where policymakers are expected to keep interest rates high for longer to control inflation. Gold prices continued last week's momentum and fell by 0.8%. According to data, the US core PCE index rose at a breakneck pace in...
As of the latest trading sessions, the USD/EUR currency pair displays a complex interaction of technical indicators and price patterns, suggesting a cautious yet potentially bullish outlook. We will break down the technical analysis using various tools and patterns, integrating recent market news into our forecast. Ichimoku Cloud Analysis: The price is currently...
USD/JPY is on track for its third bullish week, and it will most likely make it. It could also be the second weekly advance since USD/JPY cut through 152 resistance with practically no resistance, following the stronger-than-expected US CPI report Japan’s officials were curiously quiet following the break above 152, but they are making noises again as it...