* Great earnings
* Very strong up trend
* High 3-month relative strength in the Financial sector of 6.25
* Breaking out of a 2 month base with higher than average volume
* Held up very nicely during the recent market conditions
Trade Idea:
* Now's a great time to enter as the markets are showing signs of recovery
* Still close to the broken level and adding to...
Gold is in its' last wave up (Wave 5) and specifically in wave 3 of 5 (the strongest impulsive wave), it is now on its' trendline which has been intact since March 2020 and is a sub trendline of the bigger uptrend that has been intact for 4 years now. Moreover, gold is now on the 61.8% Fibo level which supports the scenario of gold going up.
Targets are...
As Kuh Kuh Cathy Woods finds God and re-discovers "Faith" in investing -
her flock discovers the very same religious experience.
Faith in Central Banks ability to backstop Markets is accelerating.
The phenomena is not limited to TECH, it is global and it has expanded
to every Capital Stock - Real Estate, Equities, Commodities and Bonds.
Crypto and the Metals...
NSE:BANKNIFTY
Bank Nifty has entered the bull market and is making higher highs and higher lows. 1 hour chart showed negative divergence and this stock could possibly retest its previous zone which is also Fibonacci 60% retracement which makes it an important zone. After the retest it could make new highs.
Hello, thank you for taking the time to consider this idea.
As I have detailed above, I am waiting to see if ETH will achieve 30 fib retracement, where it then would have the possibility to jump up again.
This is just my analysis based on technical indicators and personal opinion, plus the fact that ETH has just blown our minds since Immutable-X (layer 2 scaling...
As LTCUSD price rushes into new high today, it is expected to make a correction and slight bounce from the second trendline. Observe the path, if however, the price does not obey the retest and the lower low shown on the path. Means the price had disobey this analysis.
Happy trading. Thanks for the like.
Hello traders!
Doge looks like strong bullish and it has not given strong moves yet like the other coins but after this correction breakout, Doge will aim to make new highs. This bullish move can go up to 0.54 and we will see a big drop from 0.54. It is good to take the profit when it hit new highs.
This trade Valid till 7th may.
In the long term doge will face...
Hello traders!
BTCUSD failed to break the strong psychology support of 50K and now it has broken the bearish trend and it looks like it is heading to make a new high. It is good for the current trades as they will move forward to our targets.
The First minor resistance is at 62k and the Next psychology resistance is at 75K. So play well near these...
CADCHF after the last retracement is back near to the previous highs.
The price soon will test the resitance area and according to Plancton strategy if the market will break above we will set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily...
Hello Traders!
Below is the default MACD setting. you can see there is a big difference between macd lines and graph.
Graph has already crossed the previous high but the MACD is very far from the top.
In this case macd will not give a cross before breaking the MACD's previous high and now we gonna see some big bullish candles.
Hit the like button for the...
Hello traders!
Get ready for huge gains. KAVA is ready to go for the 10$ Target. it is in a corrective position and it will break up soon.
It can go up to 18$
Don't forget to hit the like button and follow to stay connected.
Hello traders!
It looks like No resistance can stop Bitcoin. BTC will also break all the psychological expectations because it is going to perform far better than expected.
Currently, No govt is taking BTC seriously but once BTC reaches 100k plus then govts will put all the matters to one side and will focus on the new rules, regulations and laws for the crypto...
We should see some retracement first back down to the bottom of our trend channel, however a move upwards straight away cannot be ruled out. New price target is 1.41
ARKK is following similar price action in forming tests of support for new highs.
This current pull back is slightly expedited and showing an increase in volatility than trends in the past. (I believe this has been due to the uncertainty we saw leading up to unemployment rate releases and uncertainty in the overall market).
Considering this, I wouldn't see it...
DKNG has formed a nice cup and handle pattern
Ark Invest has bought a significant amount of shares over the last few days in multiple funds (~1m + shares)
Expecting handle formation to breakout to new highs and possibly test 75
