The weekly candle that closed yesterday shows how buyers are almost eager to buy on every dip. More fud will be needed to create an intermediate correction (greater than 3-4 weeks), something that could be seen as a small catastrophe by the market, for now the rise does not seem to want to weaken, which happens in trends that have directionality and volatility, a...
SAVMUSDT is facing significant resistance at $8.506, a key level on the monthly chart. Given current market conditions, a breakout appears unlikely in the immediate future. Technical Analysis: Resistance: $8.506 (Monthly) Support: $7.391 (Daily), $6.630 (Daily), $5.449 (Monthly Pivot) Volume: (Not mentioned in the provided text) Key Observations:...
Hello everyone, price action in Gold continues to be very strange and we saw a significant move to the upside after a bear trap formed below 2000. The move went directly to the 2088 resistance (and orderblock) and a correction from the local overbought conditions is likely. The elliot wave count at this stage is very unclear, but I left my count on the chart....
BTC has reached a critical point on its weekly chart, entering what we call the SUPPLY zone. This suggests that it might either pull back a bit or surge to new highs before dropping back down. We could see it go down to around 58k to 53k, but it's unlikely to dip below 50k. Why? Because there are new big investors who bought in at these levels and won't sell...
As We Talked in The Previous Analysis: The Resistance Level (1.27428 - 1.28280) is Broken. Currently The Price Retreated To Support Line and Failed To Break it. The Resistance Line is Broken ! So, I Expect a Bullish Move 📈 ---------- TARGET: 1.28520🎯
GU now looks like it might have ran out of steam pushing down and now needs to pull back to grab liquidity. Remaining cautious but looking for the next solid sell opportunity. for now I will take this as a opportunity to scalp the pullback.
The trendline had its importance, the price crashes into it and retraces, I hope only in the short term, otherwise I may have done the math wrong. There is. Nobody knows the future and technical analysis is the study of the past, therefore the probability that this ongoing movement is a short-term correction is high, for the simple context in which we find...
Correction in progress, macd reporting a new cycle but we knew this well. Now the thing to do is to wait and understand how long this correction will last, because there are still many buyers. The indicator here is drawing a high and agrees with the price, a signal that the bullish trend is very strong, this is in addition to the other bullish signals we have on...
An old trendline drawn on long-term cyclical lows, today seems like a good resistance where perhaps the price will have a small moment of pause, perhaps in the short term (3 weeks - 1 month). Last week's closing above the historical highs or in any case in that area also seems to give continuity to the bullish trend, but here now it is more important to try to...
NASDAQ:AMD to $155 still a go if we can close between the 20DMA/EMA cross here... NASDAQ:AMD
EU markup here with almost the same thing as GU with a nice run of the highs on Friday. Looking for a drop here early on our week to lead us into a potential lower priced buy move, mainly we are looking towards our last low as liquid and the demand responsible for the push above our major highs on Friday. il be looking for low risk shorts from our liquid sweep...
GU ran major highs on Friday, and we have seen that the markets what higher prices so we of course will follow this rally as we have from the major lows at 1.25400. The ideal move for us here is the price to pullback into a lower areas and give us a nice long move out of said areas, we have seen a pretty big shift into our highs without pullback so this is what...
MRVL on the 2H chart had been in a trend up since February 29th when it broke out of the high volume area of the profile in a pre-earnings run . Earnings were reported and MRVL more or less matched the analyst's forecasts. Price sold-off in the aftermath of trader disappointment. I held a large position of both shares and options but sold off half of the...
Hello Traders, welcome to today's analysis of Nvidia. -------- Explanation of my video analysis: Starting in 2018 Nvidia stock has been trading in an obvious rising channel formation. We had the last retest in August of 2018 which was then followed by a +650% rally towards the upside. Considering that Nvidia is now approaching the upper resistance of the...
Wild but expected by myself. Careful out there friends. Very simple trade here. Take your time, short bounces. BMRs can be violent. Make sure to buy time.
the best chart of the all king's . . . long time . . .
If BTC take correction then enter long trade in this point
Traders, True to form, though I rarely do this anymore, I’ve gone short on Bitcoin. My entry was immediate after hitting that resistance level at $60500 which I discussed in the last post. Target will be $48,300 Stop out will be about $63,000 RRR is nearly 5/1 I am confident here so I’ve risked nearly 50% of the trading portfolio. But I will definitely be...