Snap has been rallying as lawmakers move against TikTok, but traders may be selling the news. Today we’ll consider the daily chart of the social-media company, which has struggled since growth names hit the wall over a year ago. The first pattern is the jump above $12.50 on Tuesday, fueled by the news from Capitol Hill. SNAP failed to hold those gains, resulting...
Investment is like a marathon. It doesn't care about temporary wins or losses, but depends on the final outcome and the growth after experience accumulation.Everyone who can write a story has an unbearable past, and everyone who makes a lot of money has a past that has gone through a lot of hardships. On March 8, gold's short orders near 1823 successively took...
We're continuing the downward trend since the double top in the key area swing high range following the prediction path well but ahead of schedule. The 1D 200EMA support has failed for now, it will be interesting to see if the bulls can regain it, I think BTC takes a real tumble down if not as shown in the chart. BTC has broken the diagonal supporting...
Chart: SPX daily and 15 mins Yesterday's trade was interesting and kinda like what we expected when we discussed during our Stream before the market opened. Fed Chair Jerome Powell back in the hot seat on Wednesday, delivered his second day of semi-annual monetary policy testimony before the House Financial Services Committee. Markets were already jolted in...
With the confirmation of the price above this level of 77.67, we will go up to the level of 80.55, and if this level is broken, we can reach our monthly level again, which is the range of 82.60. The next prediction is that if we reach the range of 80.55, we will have the possibility of returning the price to the level of 77.67
Target has limped after plunging 10 months ago. Now it may be showing signs of another push to the downside. The main pattern on today’s chart is the bearish price gap on May 18. (Results missed estimates and management gave a bleak outlook.) TGT has failed to reclaim that drop, which may reveal little optimism about a comeback. The retailer has also remained...
32600 strong support. Our second support point is 200 avg.
Our first support point is 200 avg. Our second support point is 241 avg touching the lower channel of the triangle.
Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Here are a couple of reasons on why I believe more upwards price action is likely for ETH in the near term: From a trend line...
Guys what's your ideas about ETC is still Bearish OR its the time for new trend ?
In order for us to reach the target, the channel must be broken upwards. The fact that the prices are above the wedge is a positive indicator.
There is compression in the triangle. Let's pay attention to the direction of the break.
Resistors that are not crossed indicate a sale.Targets are determined according to Fibonacci.
Hello As you see for the first time MA 200 crossed MA 50 in weekly TF for bitcoin recently. This might means more losses and corrections is awaiting for bitcoin in the next weeks and months. let me know what in your mind is Regards reza
See chart image. It should be self-explanatory. If you've got any questions - feel free to use the comment section below. Good trades, folks!
Beautiful breakout - let's see how this plays out. For questions feel free to use the comment section down below ... ⬇
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that last week Gold just perfectly rejected a quite obvious previous weekly support/resistance area, and I also uploaded an analysis which you can find below, perfectly explaining why this move was quite likely. We are now once again...
Illuvium is pulling back to 100EMA support after a clear bullish move, more up-trend against Bitcoin sounds legit. ⚡️⚡️ #ILV/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 7.3% Current Price: 0.003430 Entry Targets: 1) 0.003316 Take-Profit Targets: 1) 0.003992 Stop Targets: 1) 0.002864 Published By: @Zblaba $ILV #ILVBTC #Illuvium #P2E...