As of a few moments ago, BTC has officially broken through the 31,000 resistance, which was established all the way back in April. This officially brings an end to ~70 days of selling and bad market conditions. With the Bitcoin dominance in break out mode, this is still just a bitcoin-only party. Let's see how the alts will react. Nevertheless, this is a great...
The Setup Target NYSE:TGT has had a very bearish fall off All-Time-Highs over the last 2 years. It has finally retraced the entire length of its run from the 2019 Pre-COVID High and returned to it as potential Support. Price MUST hold here or else continue down to lower levels in the "Valley of Risk". It is worth a trade off this level. The Trade:...
BTC has been trading inside a bearish channel since we topped out at the start of April. Effectively, nothing interesting has happened for 2 months. As of today, BTC is yet again testing the top resistance of the channel. This signal assumes that we're going to break out of said channel, making it a bull-flag break out. Please be patient for the break out to...
As per the image. Key points selling points highlighted in red. Key reinforment poins (long) highlighted in green. Good profit may come your way! I still believe the full correction is yet to come. we may be taking about a couple of weeks away. But it has strong cofirmation points to watch out for
If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Hitting some #Elliottwave ZZ most likely targets. A break and higher up the fib ladder the better. Even if it is done, a corrective retrace to 206 would be a good spot...
Apple is in a place on the weekly chart that looks ripe for a short position. The Stoch RSI is ready to turn downward. The RSI trend has been met and is starting to turn downward. Volume is declining. Price action is making higher lows from the most recent top. Stoploss at 190.00 T1: 125.25 T2: 107.94 T3: 90.90 Final target for the short is the .618...
We are charting NASDAQ:TSLA NYSE:HLT and NASDAQ:MSFT for potential entries on Monday.
There is a Bearish Harami reversal pattern in the making on the S&P 500 ETF weekly time frame. It looks perfect as a textbook sample. Stop is above last week's top at $445 Target is just above the opening of the second candle of preceding growth at $392
Santander will join other banks and will dump. We can see lowe highs and the price already broke down the upsloping support. 23 % drop in the next weeks is very likely. MACD looks very bearish. Increasing negative momentum. Short it and enjoy the profit!
New Fortress Energy Inc - 30d expiry - We look to Buy a break of 31.71 (stop at 28.81) We are trading at oversold extremes. Posted a Double Top formation. A break of the recent high at 31.58 should result in a further move higher. 31.58 has been pivotal. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible....
Hello,Traders! SPY is making a local Bearish correction after Breaking the key level Of 432$ while trading in An uptrend so I am bullish Biased and I think that The stock will go up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
This is positive behavior for #crypto, but still is underperforming the SP:SPX Maybe, as the stock index may be extended, some money could get out of stocks and find its way to INDEX:BTCUSD This is just speculation, but the bullish divergence with its ROC is a fact. I'll wait for the formation of pattern to evaluate an entry.
BANKNIFTY/NIFTY ANALYSIS FOR FRIDAY 23RD JUNE-FOR EDUCATION PURPOSE BANK NIFTY:- If BankNifty sustain the level of 43750 break 43850,then 43950-44050-44150 level can be achieved. If BankNifty break down 43750 and break 43700 spend time below then 43750-43650-43550-43450-43350 NIFTY:- If Nifty sustain the level of 18800 break 18825,then 18850-18875-18900...
Nike is about to accelerate its rise ! This chart shows the weekly candle chart of Nike stock for the past 4 years. The graph overlays the 2020 bottom to top golden section. As shown in the figure, Nike's stock took shape from the bottom of 2020, and after peaking at the end of 2021, it fell significantly! The two recent lows happen to be the 0.500 and 1.0000...
American Airlines - 30d expiry - We look to Buy at 15.11 (stop at 14.51) Broken out of the Head and Shoulders formation to the upside. Previous resistance at 15 now becomes support. A higher correction is expected. We look to buy dips. Daily signals are bullish. Our profit targets will be 16.61 and 16.91 Resistance: 16.40 / 16.72 / 17.00 Support: 16.00 /...
AVAX has recently made a new bear-market low, but only by a couple of percent during a sell-off wick. This trade assumes that the 10.00 low will be the bear-market low, which means that the only way forward is to go up. Target for the long-term (think 1-2 years) is the current all-time high, which also gives a great risk reward of ~46. You can take partial...
NVDIA / NVDA is now starting the short term pull back inside the 2023 Fibonacci Channel Up. After hitting the 2.0 Fibonacci level, this bullish leg should trade inside 1.0 and 2.0 Fibonacci. The long term Support is the 1day MA50 but the 1day RSI indicates that we won't hit that unless it reaches its Rising Support, which based on the January-April price action...
As US stocks decline, the market retreats while investors eagerly await Powell's testimony. Key events: UK - CPI (YoY) (May) USA - Fed Chair Powell Testifies The trading session on Tuesday witnessed a decline in US stocks, marking a shift from the previous sustained rally as investors opted to secure their profits. This decision was influenced by concerns...