Last weeks high: $28351.8 Last weeks low: $27165.3 Midpoint: $25978.9 As September and with that Q3 comes to a close BTC saw a late price rally of 4.4% in a single hourly candle to finish the month strong. Going into Q4 I still expect a sell off and revisit of the yearly open. With credit card debt at levels comparable to that of the 2008 financial crisis, as...
CRYPTOCAP:INJ has made an explosive run upwards since the buy setup executed by $5.40 in the previous analysis on $INJ. Begs the question, will CRYPTOCAP:INJ reach $6 again? I think price will reach $6 again. Below are the confluences for my Bearish stance - Price is currently in a Weekly Rejection Block - Sell Side Liquidity has been taken on the Weekly and...
The fed hiked rates today by 0.75%. They have also moved to meeting by meeting data dependency. Since they've done both in one meeting there is the possibility that if inflation continues higher for a few months they will be unable or unwilling to cut rates to save the economy from the earrings recession likely on the way. In short the supply side situation is...
As we know, PayPal's Q3 quarterly have shown a steady growth of the company, which is also trying to open up to collaborations with a giant like Amazon. However, this had an anomalous effect on the markets, where PayPal lost more than 10% in the following days. At this point, using a Fibonacci retracement with a minimum set in May 2020 (ie when the main lockdowns...
11 years after being initially listed on a public exchange #Tesla surpassed the $1T mark on midday Monday 10/25/21 when shares hit $998.22 Shares closed up 12.66% at $1,024.86/share - another milestone as this was the first time the companys share price has reached the $1,000 mark
$TSLA, $VZ, $IBM, $NDAQ $TSLA closed up ~+1.5% after reporting revenue that fell short of estimates - profit beat Q3 projections, despite a semiconductor shortage and supply-chain challenges that have troubled automakers $VZ gained +2.4% yesterday following better-than-expected earnings numbers and a lower-than-expected customer churn rate, showing continuous...
Corona the Pandemic, The Recession of 2021. There too many factor playing out and 2021 the Q3-4. Printing more and more money to stabilize market. Wont last. Too much devaluation of dollar would risk more to the ecnonomy. Money would become worthless and it will never be a hyperinflation again. Dollar is already hovering around lows but still building upwards. As...
If you pay attention to quarterly rotations - the timing of their occurrence, the breadth of selling and the actual rotation direction, read further. Quarterly rotations don’t always take place on the same time each quarter. Sometimes they strike early or late. This causes difficulty in determining when to take a position, which is why we build positions over...
Corona needs to disappear please Travel go back to normal Potential stimulus technically looks like long accumulation and breakout to upside coming I also like that we're trading > 40
CMP 1785 1800 target would be healthful
The Q3 earnings report was surprise to everyone, kudos to Musk and his team for a job well done . There are still some questions, but it seems that most of the fundamental issues that Tesla had since the start of the year, have been solved. ****Here are the key points from the Q3 earnings report and the revaluation with the addition of ESG factors:...
Analysis for XAUUSD Q3 2018 Current price is around the lower line pitchfork Best opportunity to go long If the price make a reversal here and keep the momentum upwards Price expectations are able to reach the median line However bearish momentum is strong, confirmation price break lower line pitchfork
Analysis for USDJPY Q3 2018 Expecting price reversal around median line pitchfork If yes we could see price moving lower towards lower line However on US Index from our analysis is currently retest on median line Stronger dollar would push USDJPY towards upper line pitchfork
Analysis for EURUSD Q3 2018 We could see price has makes few retest and reversal around the median line Expecting the price is still under strong momentum upwards Price expectations are able to reach the upper line and move in the ascending channel
Analysis for USDCAD Q3 2018 Probability price moves in descending channel dan towards median line Confirmation price has made a reversal on the upper line pitchfork It is also capable of making a retest on the upper line