Looks like this bullrun may be exhausted with the StochRSI being massively overbought on the daily chart. Will watch over the next few weeks to see if we get a bounce of the trendline. As always not financial advise, so its not
Looking here we can clearly see us reaching the top of the decending channel on the daily. Also looks to have a strong bounce of resistance on the hourly channel. May have a possible short position on our hands here. Naturally this isnt for the faint hearted with BTC on a nice pump at the moment. Not financial advise, so its not.
With SHIBAINU & DOGE heading towards the upsideheld . BONEUSDT is leading the pack. All Its HTF are Bullish with no Structure breaks. The Bullish sentiment and the YOLO approach by its community will take it to new Highs. We Just have to wait now.
We have observed the performance of DXY for nearly a month, and DXY is continuing to form evidence of the secondary market in a long-term bearish manner.
Last week's rebound followed by a sharp pullback effectively tested the pressure range of the f-line
Under such circumstances, U.S. stocks will inevitably rebound sharply, especially for stocks with small market...
Goldman Sachs invests in many types of derivatives like CDS, stock options, stocks, and anti-exposition derivatives. As banking stocks will be down in that period until maybe the middle of November, stocks with High Net Worth clients will go down.
Spooky season is coming up & with it approaching rapidly also comes the opening of those Spirit Halloween stores that seemingly pop up out of nowhere. $PRTY is a seasonal stock because they earn most of their money during the halloween season. With the stock trading at near 2020 lows again we could potentially realize some serious upside after the company reports...
ETHUSD long idea until 2524.64
from: 1401.13 (or around that price doesn't have to be 100% on the dot) as long as it hits the white diagonal line.
SL:1147
TARGET: 2521
FROM: 1401
STOP LOSS: 1147
I think MATIC is very under valued. It has a limited supply and It has a great useable solution to ETHs scalability issues. This is my call, I'm going 3/4 of my bag in MATIC when the market bottoms out. (The rest in AVAX and SOL, then a few gaming small caps)
ETH is is not going anyway, but MATIC has a lower market cap for more gains.
Let the bulls try it.
Many are swing trading this stuff and will take profit once we are no longer oversold.
in my opinion the chart looks ugly, it would be very beautiful if it had some more candles on its downside. We just came down Hard. We need some cushion for our bullish runway.
We cracked the overhead resistance today, But then were immediately pushed...
There is an open gap below the market down at $137, so I'll be throwing some dough at a 135 put that expires in April.
This is very out of the money and a yolo with high risk but high reward if the stock falls a good amount.
I can't seem to find any good news anywhere, it's all bearish, Yay. When I can't find any good news, that little contrarian voice in my head makes me wonder, just a bit ;)
Now, obviously we can go lower, as indicated by almost everybody at the moment, there is not shortage of takes on that, but what about a move to the upside? what would that look like?
At times...
Rivian NASDAQ:RIVN is at an all time low right before earnings. "I want to own some of this company" is my general thesis as they build out their infrastructure sans sales. We'll see if this contrarian buy of shares pays off...
Based on YoY and QoQ growth, CRM ended Q3 with strong revenue and net income. Net income were 360, 1,110, and 126 million respectively from 2018 to 2020. In 2021, net income was 4,072 million. It grew approximately 1131% since 2018 and 366% since 2019 (which was highest in 3-year period). Arising from that, it appears CRM management have been successful in...
BTC daily chart looks like it is having a breakout from a wedge pattern
first price target is at the .386 fib retracement
2nd PT around 55k at the 50% fib and also the 50 day moving average
if somehow bitcoin can get above the 50% retracement/50MA that would be extremely bullish and could send bitcoin to new ATH's
if we fail to trade above the Fib levels...
Bitcoin soars above resistance just inches below new highs, hitting our profit target exactly! We have been calling out $66.3K as the next target for BTC for some time now. Currently we are hovering just below it, but momentum seems pretty strong still, as confirmed by the Kovach OBV which has risen notably. If BTC can muster the strength for another rally,...
Stocks have broken out, making new highs yet again. We have reached our profit target at 4693. The next target is 4729. We should face some resistance at current levels, so anticipate stocks to range a bit in a sideways correction, if not retrace to lower levels at 4649 or 4632. There is a vacuum zone below those levels to 4580. The Kovach OBV is still very...
