On the weekly chart of WOOUSDT, it appears that we are likely at the conclusion of Wave 4 or very close to it. This is inferred from the slight intrusion of Wave 4 into the level of Wave 1. In the volatile cryptocurrency market, such a minor breach is not considered a true break of the Wave 1 level for us, which is acceptable as long as it doesn’t lead to further...
We continue to remain in a short context. Despite the long movement during the Asian session, positions in the long direction should have been avoided because until the price consolidates above 1.7415, we are still in a short trend.
Ethereum dominance showed strength a few hours ago. This is a great sign for large cap altcoins as well as Ethereum. There is only a little time left when he will show his strength. It is important to be ready when the impulse comes. At some point, ethereum should jump by at least 50 to 100 percent. Also Btc.D dominance will show the peak of bitcoin and then the...
1h - The hourly timeframe appears less clear despite our short context. The main target was reached in the form of equal lows, which were forming throughout the week. I believe it's quite likely to see a breach of the previous day low (PDL) on Monday, after which the continuation of the long trend may begin. However, this is just speculation. It's important to see...
Hello everyone and welcome to the weekly TOP-DOWN analysis. The week was not the most active in terms of position accumulation, but at the same time, it was quite informative. 1D - The daily timeframe continues to be in a short context. The first problematic zone was completely covered, but we did not receive the expected reaction and continued the long...
1) The stock is breaking out of a 6 year old consolidation zone in yearly time frame. 2) The stock is reversing from a Fib 61.8% in yearly time frame. 3) The stock is breaking it's previous swing high. 4) The stock is above to form a strong 3 Month breakout if March closes strong. The stock structure looks strong, one may accumulate in dips for a long term...
Technical Analysis and Outlook: The index reached our Mean Res 5057 and valiantly surpassed it, indicating further upside potential to the Inner Index Rally target marked at 5175. From that point on, turning downwards to Mean Sup 5013 is a strong possibility. A further down trajectory is marked as Outer Index Dip 4865.
Technical Analysis and Outlook: The Eurodollar has reached a crucial point in its trajectory, having just encountered its Mean Resistance level of 1.072. This has triggered a sharp downward move, with the currency now seeking its vital Mean Support level at 1.062. This suggests a probable continuation of the downward trend, which traders and investors should take...
Technical Analysis and Outlook: Bitcoin's trading this week has been volatile, fluctuating around our Mean Resistance level of 65600. Our Key Support level of 61300 will likely soon be retested once again, which could serve as a launching pad for a new Bull Stage rally. The target for this rally would be the newly established Mean Resistance level of 66900 and beyond.
💹 Let's review together what the re-entry point might be and even consider another buying opportunity for this cryptocurrency. 📊 In our previous analysis, it was mentioned that after the weekly candle broke the resistance at 1.485, you might consider buying this coin with a stop loss active around the range of 0.932, which probably your stop loss has been...
big support at 175/158. stops are at 130-140. this is a long term idea do ur own research. Use correct RISK management, no financial advice
ANF has had an amazing run as I had expected it would back when I first published the trade. Of course, I had no idea it would have performed in such a manner. However, the time has come for at least a correction if not more. Wait for a crack in the recent uptrend and take your profits. Bulls and bears make money pigs get slaughtered! CAUTION!
Good morning. According to today's plan, we have a long context, but there are no specific long targets. There are no factors for short positions either. Most likely, it will be just an informative day. Otherwise, I will update the information. Have a good day!
In my view NYSE:SPCE stopped a current phase of falling down and forming the plato, which will be a fundament for the next steps. We will be observing a huge profitable company for patient investors during the next years. In my point of view, as well, that it can bring till the x100 in the ending of the growth phase. Goal for the end of 2024 is 4-4.5. Does...
Expecting NYSE:SPCE near 8 during the nearest time (1-2 months). Does not constitute a recommendation. #investing #stocks #idea #forecast #furoreggs If you want to discuss, please subscribe and challenge my point of view )
On the Microsoft three-day chart NASDAQ:MSFT , we've observed that the initial cycle of Wave (5) & I peaked at $430, hitting the 61.8% extension level, and has since declined to $402. We believe that $430 will now act as a strong resistance level. We anticipate a significant correction for Microsoft, potentially dropping to between $220 and $100. This forecast...
As you can see, there is divergence on the downward MOEX:QIWI moving on the 1D graph with a high overselling. I'm expecting turning around and preparing of the baseline for the future leaps. Goal number 1 is 490, which can bring more than 100% during 1-1.5 years. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast...
#EURUSD Hello everyone, after yesterday's aggressive bullish movement in the news, during the Asian session, we reached the high of the previous day, followed by a reaction. The context has shifted to a short-term one, and I've marked the nearest target on the chart.