Hi Traders! GBPUSD continues to trade with bullish momentum and looks to be targeting the previous strong support level from August at 1.26148, which is now resistance. Price Action 📊 After breaking above the descending price channel, the market is now in an ascending price channel, and the price action looks completely bullish with higher market swings and...
I think once can accumulate Growthpoint between 1020-1030 for an eventual pop to 1070, 1090 and 1110 (200day ma). There is some forced selling due to the MSCI index rebalancing but once this is over the stock should get some legs again. If buying use a stop loss as a close below 1000. the 20dma which was previously resistance has now turned into support and the...
Wonderfi's 2 standard deviation bollinger band on a 233 SMA pinched within the previous two months. After a positive surprise earnings a few days ago (2023-11-14), the price is now back above the 55 SMA and for the first time above 233 SMA while pushing the upper bollinger band on the 21 SMA. This suggests the price has finally stabilized around the low teens and...
As we all know, the world of cryptocurrency trading is fast-paced and ever-evolving, demanding our constant attention and informed decision-making. So, without further ado, let's dive into an exciting game-changer: the BTC Simple Moving Average 20! Our expert analysis has determined that BTC's Simple Moving Average 20 has surged over an astonishing $36,000,...
What do the liquidity map and purchases of big players tell us.📝 There were many large purchases in the area, 33-34k is a potential support zone where they can occur again in the event of a correction. Also, if the short-term players continue to short the highs with leverage, I think we can wait for them to be cut in the area of 38k (short squeeze).↗️ Although...
The asset has a strong correlation with the 4hr time frame. Given this information it looks as if we could have a reversal to the upside within 48hr. There is a small trendline developing then we also have the 200day MA with the resistance to the upside and previous supports on higher timeframes 64 to 67 $ would be a strong bottom. The weekly TF looks on track...
We are interested in CDGO (MoM) today and the one that may affect the price in the short to medium term is Initial Jobless Claims. For the latter, analysts are expecting an improvement in the indications from 231K to 225K. If the actual data released at 13:30 GMT is higher than expected, the correction may end and the pair will start to strengthen. If the data...
PayPal has skidded lower for more than two years. Now, after a rebound, bears may return to the payments stock. The first pattern on today’s chart is the series of higher lows since late October. PYPL closed below that line yesterday -- a potential bear-flag breakdown. Second, the recent peak occurred at the 50-day simple moving average. That may suggest the...
With the technical showing a strong buy, this looks like a tech stock that shouldn't be overlooked. With data cloud client sentiment, and the dynamic of competitive businesses, this looks to be a good long-term growth. Be sure to keep your eye on financial balance sheet.
Excuse me! An interesting picture has been drawing in front of me for days. According to my theory and analysis, an elliot wave may be true for FETUSDT. As part of this, we may now be in a correction. I am attaching pictures of the details below. First picture $0.60 resistance Second picture Liquidation image Third and fourth picture Elliot wave in more...
AMEX:SPY November 22, 2023 15 Minutes. As expected 452 levels gave good support. Now we have 9,21,50 averages converged. 100 at 452 and 200 at 448. As can be seen, the bottom of the channel has given support nearly 7 times. Holding 452-452.5 levels I have a target 455.5-456 levels. 451 should give support being 100 averages. Now the short below 451-450 is...
Based on macd and SMA ready to cross 900 soon. Simple moving average is ready to cross 900 supported by MACD also
A incredibly bullish sign for the market in a macro sense is about to print. However the actual cross itself is almost always bearish in the near term. Note: A life cross is a when the 50-day SMA (blue) crosses up the 200-day SMA AND price action is above the 200-day SMA. Looking left at past life crosses as shown below. What kind of move are we likely to see?...
Cro is looking bullish with the following confluences: Bullish symmetrical triangle pattern playing out Oversold on the daily STOCH RSI and heading towards oversold on the 4H Bounce off the 382 fib retrace Bounce off 50EMA on the 4H
You can see Alpine over it's entire time on Kucoin has been working toward this breakout. Imagine it'll be a big move upcoming for this coin!
#BNB has experienced a rally from $240 to $268, encountering resistance in the $260 - $270 range. The current attempt to break through this level suggests a potential move towards $300 - $310. Conversely, a rejection could lead to a retracement to around $240. #BinanceCoin #Trading
In early November, the price of the #ZIL broke through $0.019, subsequently consolidating around $0.02 - $0.021. At the current level of $0.021, a potential continuation of the upward trend could lead to $0.025 - $0.0265. #BTC #Trading #Investing
Altcoins are about to have a meaningful correction here, the red dashed line is my first price target for Pendle. The token could fall as low as the .618 teal line. EMAs are coiling downward on falling volume and RSI. Correction time. I am not selling my spot Pendle.