how are you?
3 important lines are formed
If they do not give us bad news
With a little swing
I can say
This is an uptrend
This is not a financial or sales advice
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" AMY "
Depending on the 200d MA, and considering the long Bull flag, and on the other hand, looking at the economic outlook and the state of inflation and US interest rates and Possible weakness of the dollar index, we can consider the main movement of gold as an uptrend until almost the end of 2022, or even a few months earlier, Gold could be traded in the range of...
Once the Median breaks, then we can hope for another Up Trend!
Right now we have a good support on 0.25 Pitchfork (Orange Line)
But if 0.25 Breaks... Then we might experience another huge fall!
So keep your Stop losses a bit bellow the support (best support is the lowest low that happened recently)!
leave your stop bellow it so if the price hit the support...
The Market may have some more room to the downside with the longer term uptrend still intact, many growth names remain choppy at best. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price...
DASH has had a real battle gaining momentum over the past year and it's had it's fair share of FUD. But since the March low it's been slowly grinding higher. Since Bittrex is not even top 10 in terms of exchange ranking I don't think the de-listing will have any long term impact on DASH. The marketing approach for DASH has also been switched form "it's a privacy...
After completed ABC retracement, CHR would run the last V wave, target minimum: $1.3
The best buying zone will be ranged from 0.35 till 0.28
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The Market is pulling back and might be trying to put in a bottom, this week I expect the market to by choppy. This is the Relative Strength Edition of Stocks to Watch. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all...
🏛GOLD is trading in an uptrend in a rising channel
However, many are expressing a concern about the future of Gold mid-term
As the Dollar broke out of the bearish wedge, and after a pullback
We are all expecting the Dollar to strengthen mid-term
And Gold is negatively correlated to the Dollar
To that, I say that Gold...
Prepare for your weekend tweet by none other than the golden boy, elon musk. doge is already forming a nice bullflag after a solid reversal. we could see a wave C ont he long but i am Bullish anyways. Doge likes to leave the bears behind. B is for Bullish.
RIPPLE coin likely to completed its 1ST wave here shown in my chart, I think ABC correction phase completed
and may have to completed 2nd wave also and ready for 3rd wave around 3.5 to 4 dollar 2.618 fib retracement but 1st of all it have
to break its downtrend which xrp trying to break out right now or hold current support around 0.65 to 0.80 cent
🏛GOLD broke the key level with ease
And keeps trading in a rising channel
But I think that the metal is somewhat overbought
So I am expecting a horizontal correction
Which would bring the price closer to the support of the channel
And a retest of the broken key level
From where I am expecting the growth to continue...
Looking at our girl MVIS, what are we seeing? On the Daily chart, Logarithmic Scale (Thanks Brian Reeves @Gator Traders for catching this), we still see the Hidden Bullish Divergence! There is a channel that appears to be a slingshot for the price action, and we're working our way towards it. As we break down the chart in to intraday trading, there is possible...
Good day, Traders. BTT in a critical spot, Daily RSI looking good, but 21MA has crossed 50MA to the downside. Will they cross bullish as we rise with the over sold RSI short term, or do we test bottom support around 0.0019? I'm feeling positive for a bounce. Let me know what you think below. Please leave a like. Cheers
The chart is really looking good. Confirmed uptrend with a VCP formation while above its moving averages accompanied with decreasing volume. Also, it has a very good IBD Relative Strenght rating, 92 points. For me is a good stock to buy but I'm being very carefull, there has been a bunch of failed breakouts lately so wait for confirmation. I'll wait for the...