🚀 Exciting developments in the AMEX:ARB universe! 📈 The charts are painting a promising picture with a Bullish Falling Wedge breakout and a robust Double Bottom formation. 🔄 The technicals suggest a potential upward surge, and I'm gearing up for the ride!
📊 Currently loading up as we speak, eyeing a target of $1.8. 🎯 This setup seems to have the perfect recipe...
What's up TradingView Fam!
This time I'm giving you a coin that hasn't moved for a while but an incoming up move is in the works. We can clearly see several hints put together giving that confluence we need !
1) Coin is at Monthly Support Key Level
2) It has been in consolidation for a long period of time hinting a probably accumulation bound to break out...
Well, first of all you don't want to miss this chance!
Here's my price action analysis for this coin:
We have a very strong upwards trendline that has been respected and bounced off from for 7 months. That's a huge hint to prove is a key area!
It has been faked out twice and everytime it bounced off from it, came back stronger than ever.
1. Higher Than Expected NFP Report: If the Non-Farm Payrolls (NFP) report is higher than expected, indicating strong job growth, it could lead to increased market optimism. Paradoxically, this positive news might also cause concern among investors. They might worry that a robust job market could prompt the Federal Reserve to raise interest rates to prevent the...
SPOT chart for earnings. IMO, it probably see a rejection around 152ish and then drops down to buy zone 1. After buy zone 1, the return takes it back around 142-147.
Due to the nature of earnings, we could potentially see the drop to 126 all within the AH
Earnings potentially takes it down all the way to 102.
It's hard to say that earnings pumps, and the...
Spotify opened on a huge price jump following the much better than expected EPS and is approaching the July 19th High (182.65). Technically it turned bullish on its 1D outlook (RSI = 65.875, MACD = 1.600, ADX = 16.057) and a new long term uptrend seems secured as yesterday's rebound started after a clear hit and bounce on the HL trendline.
Price wise it looks...
If you haven`t sold SPOT here:
Then analyzing the options chain and the chart patterns of SPOT Spotify Technology prior to the earnings report this week,
I would consider purchasing the 155usd strike price in the money Puts with
an expiration date of 2023-11-17,
for a premium of approximately $12.70.
If these options prove to be profitable prior to the earnings...
The BTC spot ETF has finally been approved, but will it result in the massive bullish pump that EVERYONE has been expecting.
My answer: No.
It's public knowledge that the Bitcoin spot ETF will be approved at some point now for months. Thus, most traders have already bought a position in anticipation.
Like nearly every ETH/BTC ETF news we got this year, I'm...
CRYPTOCAP:BTC is weakening further. Although the CMF shows TINY accumulation.
#BTC MACD histogram shows a slight neg divergence. This means that there is a decent chance MACD crosses over, negative.
Find it interesting that the Head & Shoulders neckline is right at the Nov 2022 bottom #Bitcoin trendline, blue dotted line.
Drawn fib levels from top to bottom. High probability, it will go to 0.618 and 0.666 levels and then dump from it.
VOLUME IS ALSO GROWING.
USE STOPLOSS ACCORDINGLY.
Trade using risk management and buy in spot.
Only trade If you can afford to bear the loss.
NFA , DYOR
If Bitcoin wants to repeat its past, We are now in May of the year 2019.
If it can cross the 32K resistance barrier, the 45K resistance can be the start of a bearish trend, otherwise by Halving 2024 we will have a range of between 30K and 16K.