I believe we may have a little bit of a runup before dumping in the near future. I believe we may come back down a little bit as we did in the past and depending on how price reacts we may uphold uptrend support or we may lose it and come down (Local Support 20-EMA, the white line in the middle of the keltner channel). Cause of this I would wait till price action...
Aggregate cash flow being removed from the US market , e.g. pandemic stimulus spending, raising of interest rates, generalized decrease in production ect, will at least return the S&P to the initial impulse emerging March 2020. *Interestingly I put forward Bitcoin price action moving in tandem every step of the way with the S&P.
This chart does not go to lower...
Looking at the 15 min, it shows that it is going up but I do not know why? the news looks bad and it has been going up for a little time. However, I believe in technical analysis.
Hi
Just sharing views on BTC- Bearish we need to wait to see if the 50k Support holds, this is where i expect a bounce people can justify buying bitcin at this price
bulls have trickled out but dint see major corrections which tells me that people who have bought arent as selling as quick as last rejection
still overall bullish but cant expect to see 100k this year
Rush M: Perhaps a double bottom at 14860 if we long/buy
Rush M: Breakout and retest 14890 for sell if we don't get our desired spike up
Rush M: Fundamentals are truly a mixed bag but we shouldn't underestimate Tesla (AI Robot will bring investors) and Amazon (Expansion). Only price action will tell
Our perfect sell would be 15100, failing then 14890 based on...
Price is below our sell entry, and seems to be forming a minor head and shoulder pattern that could lead us to our desired break to the downside.
However there is positive news regarding Tesla's work force in China.
We will only get significant movement after NY open
Hi guys
Nasdaq opened with a slight gap down, let's hope it sells off now leaving the gap unfilled giving us a confirmed buy later today. If we find support at 14800.
If price moves up and fills the gap we could then sell if we fail to break 15034.
If not we're back to ranging between 15000 and 15100 - SMH
This is purely an "idea, mind map of...
Hi friends
the daily analysis of this market shows that we must wait for the breakout of resistance at the level 31.26 after positioning ourselves as much as the buyer the next objective is 38.13
If price pulls to trend line, we might be having a Twilight touch of 50 FIB, support and trend line also, A buy confirmation, with fundamentals also and we might go Long.
