The entire precious metals sector, including Silver, is currently of great interest, not just gold. For silver, we currently assume that we are probably nearing the end of Wave (iii), which can reach a maximum of 28.51 dollars. We are currently within our target zone for the Wave 5s, so it will likely be challenging to break through and invalidate the 461.8%...
Following a rapid rise to $30, silver has seen a swift decline, indicating a completion of the minor Wave (iii) of Wave ((iii)) just above the 461.8% level. We've exceeded this level, so we need to consider potential deviations from ideal models to navigate the market effectively.
We anticipate the downturn to continue and expect to find support between the 38.2%...
In this chart we have draw support & resistance levels. we decided to take an entry at the S1 Level and take our tp with the marked line. No Divergence spotted.
Qualcomm (QCOM): NASDAQ:QCOM
For Qualcomm Inc. on the weekly chart, we now assume that after the significant rise during the Dotcom Bubble for Wave (1), and having observed Waves (4) at $101.47, we are approaching the completion of Wave (5) / the first 5-wave cycle towards Wave I. We expect this Wave (5) to be in the range of 50 to 61.8%. This places us at a...
In this chart we observe a BULLISH FLAG and we precise our entry & exit points and we also observe a Double bottoms and we see a visible breakout to upwards.
From one of the coins with the greatest distance to travel to get back to its ATH, which also makes it one of the coins with the greatest potential returns, this is quite a rare opportunity to literally get in at the very bottom and grow fat and ugly while watching yer Dorrars roll in..
Entry: $0.00000362
PS.
Let me know what I can expect for Christmas..
overall directional bias for EJ on bigger TF is long but for now I'm just waiting to see how price would react to 142.930 which is area of support. Overall, I'm eyeing on rebound and areas which are highlighted.
This is a low risk scalp long opportunity for quick scalpers. Stop loss shall be below green zone area and take profit 1 and 2 shall be at red zonee or 2:1 reward to risk ratio.
Disclaimer: Not a financial advice. Trade responsibly.
This massive impulsive reaction to the FED´s rate hike is a clear indicator for tus that the low has been completed. Accordingly, the Mircosoft stock should now seek to extend gains. In the turquoise target zone on the top, we expect a turnaround for another corrective move, though we do not think that new lows will be reached. Here, we might enter a position or two 👀
We finally found a good sign for reversal for Solana as we can see a change of character in its price action. Meanwhile, any range below the ChoCh is a good entry. But if you're trading for the short term, we have to look at the possible signs of reversal in the 5-15 min timeframe in the current area. We can also do an entry in the order block if we can't see any...
BTC has failed many times now to breach above $45K…>last chance to make a major move is NOW. Next 2-3 Days will be huge deciding moment. Here are my bullish projections:
Consolidate lower to $41K - $40K area
BLASTOFF to $47K —> $46K new resistance
If Retest Confirms…..Bullish to $52K —> $60K —> $70K —> $100K
If Retest Fails….Bearish to $28K - $20K
I will be...
As I said yesterday in a post, BTC has corrected following a similar pattern from last year as indicated, I think we can expect a little more consolidation before we can see BTC move to $47k. As I said yesterday $42k will create opportunities for entries and thats what I've done. Remember to DCA in the event of a further crash, apply risk management. Short term...
easy to get over excited and buy in now. better entry is around 1850ish if it goes there. Majority purchasing capital is being reserved for those levels or lower. very bottom could be 13xx
USDCAD has been in a steady uptrend since the 21st of October. The price has risen by 3.22% since the price found support at the 1.23 levels. Since Friday there has been a correction of about 1.3% down to around the 1.26 area. The RSI levels on the 1hr and 4hr time frame remain very oversold which suggests that the price has room to rise from this point. The stop...
Gold has seen a big sell-off towards the regions of $1763 and seems like it's formed support here. There has been a 1.57% drop in price over the last 2 days and markets are very volatile right now. The RSI levels are oversold at 24.45 and considering the volatility of the market, a price increase to the target of $1785 resistance zone seems likely. Tomorrow a heap...
Gold:
After dropping down to the $1781 area yesterday evening, Gold managed to climb towards $1798 before consolidating. The RSI levels on the daily chart remain oversold, currently at the 8.32 levels. On the 1hr time frames the recent candles that have emerged show to have decent buying pressure. It looks like the price will move up from here at test the...
USD JPY has just had a 0.98% correction since yesterday, with the price now trading under the 113 levels. It appears that the price has found some stability at the 112.8 area, the last time the price fell to this zone there was a decent reversal in price. The 1hr RSI levels are currently in oversold regions which indicates that a move to the upside could be...
