📈 Dow Jones Rollercoaster Update! 🎢
Hey traders! 🚀 Exciting news from the Dow Jones Industrial Average! 🌟 After a wild ride down from its all-time high, we're seeing some serious action! 🎉
📉 First off, we've been on a downward trend for a while now, but guess what? 🤔 There's a new sheriff in town! 🤠 The daily chart is showing us a flashy double bottom pattern. 🔄...
BONK has reversed from the previous local top, making it a double top reversal. I'm not betting on further bearish price action, but in case it does, I'm waiting for the price to reach the bottom diagonal support for a quick reversal entry.
Target at the top resistance, stop below the most recent local low.
Hello dear traders what do you think about this pair please comment..!?
📉 Behold the tumultuous dance of the GBP/USD currency pair as it boldly shatters the chains of its trend line and crucial support zone! 🎯 With precision akin to a seasoned archer, it now sets its sights on a predetermined destination. 🏹 As the correction journey unfolds, a tantalizing...
Interesting weekly candle, a hammer that needs confirmation in the next 2 or 3 weeks. These types of patterns require confirmation within the following 2/3 sessions, they represent a retracement in the majority of cases, only if seen on the top or bottom can they represent a reversal, here we have no such scenario, the candle has manifested itself during an...
The market to continue moving lower prices support line2277.345 than we can expect a rebound from it, potentially support the resistance.
I think the market might moves up to resistance level
My goal is a resistance level of 2326.515
The price is moving in a downward direction to establish a possible pattern. This pattern is only drawn for a schematic view and it may move down in a different direction. Money management is mandatory.
Based on the wave counter that has been done, you can see that in the 4-hour time frame, there is a lot of possibility and potential to reduce the price to at least 1.1955.
According to the price chart, NZDUSD will
probably fall in the 4-hour time frame and will go
down to the 0.57540 range. This is an idea that has
a lot of potential to be realized, but it should be
entered into the transaction with capital
management and with low risk.
This analysis is based on a massive rising wedge pattern that has been developing over 7 years at this point. It's a long-term trade, so we have to be patient.
The trade is simple; we're going to wait until the top of the next bull-market to enter a short on ETH. When this trade will activated remains to be seen. I'm waiting for ETH to touch the top resistance of...
In this analysis I want to elaborate further on my previous analysis where I talked about the daily RSI of BTC almost being oversold, which is historically a great time to buy during bullish long-term trends.
As seen on the chart, I'm looking at both the RSI and the diagonal purple trendline. Ideally, the daily RSI will be lower than 30 and BTC will be trading...
""The time to buy is when there's blood in the streets."
A quote that most traders are familiar with. It basically means to buy assets during periods of weakness.
Bitcoin is currently experiencing a very volatily bearish period.
With a daily RSI sitting around 32 points, it takes just one red day for the daily RSI to hit oversold levels. During strong long-term...
In this analysis I want to discuss the possibility that Bitcoin is copying the 2019 mid-cycle bull-market and the following bear market.
I don't see this as the most likely scenario, but it's still a scenario that can happen one way or another.
As seen on the chart, Bitcoin saw a massive ~370% gain after bottoming in November 2022. A similar gain was achieved...
Kotak Bank is around Long term Support !!
Stock is consolidating since 2020 and has given No returns so far
In a rangebound market one should always Buy around the support !!
Stock is forming base around 1600-1650 level.
Also Stock is around EMA support and on RSI Support on a Weekly Timeframe
All these indicating Technically Stock is at good...
Bitcoin's has practically not moved over the last two weeks. Zooming out, BTC has been trading within a bearish channel since the start of March.
I've made several bearish posts before, where I expected the halving to turn out to be a sell-the-news event. Thus far, that expectation has not really played out yet, which is good for the bulls.
We cannot deny the...
BTC cup and Handle similar to '19 structure.
Handle would line up with the fib levels and the next major support below.
Keep an eye on this.
NFA
do your own DD
Novice trader here.
