Price has been pushing up for a few days now and this has been great. I am still conducting research and analyzing SHIB, but do have some thoughts currently. I am thinking, SHIB is likely to continue higher after it has a decent pull back. This might happen at the 0.000015 to 0.00002 lvl. There are those that likely bought at 0.000006 or somewhere near here...
The last bullish move was quite strong, with the price moving above a large consolidation zone from March to April. Now, we have something that looks like a bull flag—the price is crawling slowly down, finding some support near the consolidation POC. This is a very tempting opportunity to enter a LONG position with a potential upside of 15% or more. However, it is...
Market closed strongly last week after reaching a new historical high. There was some sluggish consolidation on Thursday-Friday but near end of Friday trading hours, bulls put end to it by setting hourly higher low. Friday closed within Thursday’s range after a failed break-out, which is a very bullish signal. Currently, we have full alignment on all major...
🔍Let's dive into today's analysis. Yesterday, the Ethereum ETF news was confirmed, but since it was already priced in, the market didn't rally. Instead, those who had bought in anticipation of an Ethereum pump started selling. ⚡️ Market Momentum Currently, there is a bearish momentum in the low wave cycle (LWC), which could extend to higher wave cycles (HWC). ⛓...
The target has been reached. The area of the purple box is a good level to take profit. Happy Trading
If the price can't close above the purple box , I'll be looking for that price action. Happy Trading
Good Evening and I hope you are well. overall market comment If bears can get follow through selling tomorrow and trap bulls below the breakout levels, we could see acceleration of this selling. If bulls manage to BTFD and make money with it again, this madness continues for new highs I guess. dax comment: Another break of the neckline but bears need follow...
Good Evening and I hope you are well. sp500 e-mini futures comment: Uber important trading day tomorrow. Bears need to bring their A game and trap bulls below 5300. If they manage to do so, we will close the week at the lows and get a huge sell signal going into next week. current market cycle: trading range key levels: 5270 - 5368. Below 5270 is 5220...
Today i will try to explain how to play with Kava in a simple way. - Remember always that in Cryptos are not easy as forex or stocks, because movements are always brutal. - The first step is always to detect the real trendline. - Detect 3 points. Bouncing Points, Rejection Points. - Some traders use only 2 points, but i am old style trader, so i really need 3...
Uno Minda , a leading automotive components manufacturer, stands out as a compelling candidate for investors. Reasons are listed below : Multiple tests on the 600-630 levels followed by a breakout, now undergoing retesting, indicating a significant market shift. Identification of a bullish "morning star" on the daily timeframe and a bullish "hammer" on the...
🔍Let's dive into today's analysis. The market continues to range, with most altcoins still confined within their range boxes, except for Ethereum, which has generated a lot of hype. 📰Today might finally be the day when momentum enters the market, as it's the deadline for the Ethereum ETF news. Regardless of whether it gets approved or not, the market is likely to...
💥Since the shock increase and decrease on Monday following the speeches of Fed officials, the gold price (XAU/USD) has had almost no significant fluctuations, fluctuating around 2,420 USD/ounce. 💥Gold is under profit-taking pressure after the precious metal hit an all-time high earlier this week. However, this precious metal still remains firmly above the level...
This is a Simple Price Action Analysis of $NSE:VEDL. In NSE:VEDL Price has broken the downtrend and started a new Up-Trend by creating Higher Highs and Higher Lows. As a W-shaped recovery is forming, my expectation is Price will go up to 857.20/- (Based on Fibonacci calculations)-. This will be approx. 262.45% Return on Investment. We can Buy on every...
The DOW was sold lower as traders looked to lock in some profit. By planning ahead and assessing recent price action, you were able to steer clear of the early rally and focus on Sell Setups to take advantage of the selloff. In the video review, I talk through the previous sessions price action and why I was looking for selling opportunities. I then discuss...
Good Evening and I hope you are well. overall market comment Another round of all time highs but bears printed some bigger bear bars on higher volume but in the overall picture it’s still a trading range around the all time highs for stock indexes. To have any meaning, bears would need strong follow through tomorrow and make meaningful lower lows and test the...
Varroc Engineering presents a compelling case for a potential swing trade, backed by several key indicators. Reasons are listed below : After multiple tests, Varroc Engineering broke through the crucial 500 level and is now retesting it, indicating a potential shift in market sentiment. A doji candlestick formation on the weekly timeframe and a bullish...
🔍Let's dive into today's analysis. Today's focus is on ETH, which recently experienced a 28% pump in anticipation of the potential approval of an Ethereum ETF. As I mentioned in my previous analysis, breaking the $2964 level was crucial, and it provided a strong trigger for opening a position, leading to a 28% gain with a high risk-to-reward ratio. 📰Today, the...
Good Evening and I hope you are well. overall market comment Markets went mostly flat today. Nasdaq printed a new ath on another low volume day. Unless markets strongly break above the highs or lows, very uneventful price action. Play the range until it clearly is not working anymore. SP500 printed a tripple top now and selling it again is a reasonable trade. ...