A falling wedge pattern shows that this might be the nearing the end of this consolidation phase. In that case we can expect a decent push for $KRL towards it's all time highs and further for this bull run. Still considering the fact that the project is building on AI capabilities, we can expect a boom based on fundamentals as well given the tokens small...
FX:AUDUSD is forming a downtrend amid the growing dollar index. The currency pair is under pressure from sellers. Support level 0.64039 is forming on D1, which continues to hold the market. But, the buyers' urge may be broken, as the price continues to squeeze to the support and is gaining potential for this. On the background of the rising USD and weakening...
Trading Bitcoin doesn't have to be hard. With proper food, we can increase the probability of our trades. There is no secret that a large part of the Bitcoin community is on a carnivore diet (a meat-based diet). They believe meat, especially red fatty meat, is essential for human health and brain function as it contains hundreds of yet-undiscovered vitamins that...
Bitcoin is going down, as I was expecting in my previous technical analysis of Bitcoin (see in the related section below). What now? Markets always move in waves, and that's why it's always good to do an Elliott Wave technical analysis. My Elliott Wave count suggests that wave (A) will soon be completed and we will see a relief rally back to 66k. A lot of alts are...
FX:XAUUSD is trading inside the range. The markmet-maker is liquidating sellers relative to the 2180-2200 area, after which it forms a false breakdown of 2195 and returns to the range again. On D1 everything is the same. The market continues to form a sideways range. There are no reasons for the price to leave 2195-2144. After testing the upper part of the...
FX:XAUUSD is trading inside the global range, forming a small flat inside. Consolidation continues and at the moment there is no reason for the price to leave the 2195-2144 channel. On D1 and H4 we see a sideways channel, a range. The market is clearly bullish, but at the moment the price is standing still. On the left side of the chart we see local liquidity...
FX:EURUSD is testing the support of the range formed inside the bearish trend. There is resistance pressure in the market. Bostic ( Fed ) stated that he now expects only one interest rate cut this year, thus this comment can be read as a hawkish attitude of the regulator. Bostic is often aggressive in his comments after Powell's speech The dollar index are in...
FX:XAUUSD is forming a correction after a false breakdown of the resistance of the range. Against the backdrop of a strengthening dollar index, pressure from resistance appears in gold. The market is starting to bet that the Fed will not cut rates this year. At the same time Bostic (Fed) said he now expects only one Fed rate cut this year following Powell's...
Technical analysis GRT looks extremely good on the weekly chart. We can see that the downtrend ended on a breakout of the red trendline, and since then, the price has been going upward. I believe this coin will 10x in 2024 if you buy it at the current price. We should hit an all-time high in 2024, and in 2025, this coin will continue in the price discovery! Put...
BTT (BitTorrent is one of the biggest torrent clients in the world. Fundamentals are strong, and technicals are as well. We have the biggest candle in history; this is a serious business. I am expecting at least 100x - 200x in the next bull market. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish...
Technical analysis SUPER is pumping hard; there is no doubt about it, and the trend should continue in the next few weeks and months! I recommend buying SUPER right now for a 50x profit in 2024/2025. We can see that the downtrend has ended with a descending parallel channel, and bullish volume is very high, which is always good to see! From the Elliott Wave...
OM looks very bullish. We can see that the previous downtrend ended with a descending parallel channel on the weekly chart. Now the price is finally breaking out! What is important is to always take a look at the volume indicator. Bullish volume is absolutely very high and at record levels, which confirms the breakout. Whales are buying it, and they cannot hide...
SUN is another gold mine that can make a lot of profit in 2024! We can see that we have had a 622-day long consolidation at the bottom of the chart. It's very important for whales to accumulate their coins so they can pump them and make a lot of money. What we want to do is spot the buying activity and buy before the pump! I am definitely bullish on this coin,...
Technical analysis Rune is an extremely bullish coin and will hit a new all-time high relatively soon! It's still a good time to buy this coin and make a very nice 1500% profit this year. Why? As we can see, the coin is breaking out of the descending parallel channel on the weekly chart. Always wait for the rarest, but the retest already happened, so I don't...
Shiba Inu will definitely go higher later this year. Right now, we need to catch the bounce and ride the next wave to the upside. The 0.618 FIB retracement seems to be a great level to buy Shiba Inu, which is at 0.00002249. It's always important to do an Elliott Wave technical analysis for such pumps to stay in full picture. We need to see the full market...
FX:XAUUSD corrects after testing $2222. News on Thursday shook the market after Powell's dovish statement on Wednesday, which spurred a false breakdown and a 2.5% fall Yesterday the market met a bullish wave of news for the US market: Initial Jobless Claims down, PMI up, overall this is a locally positive scenario, but today at 13:30 Powell speaks, who can...
VINC was a penny stock and is now in the near penny category as this biotech stock has had a great run in the past 10 days. On the 30 minute chart, 225 shares are bought at low prices and 125 shares are sold for profit with 100 shares still running as the momentum slows. Overall, the trades where profitable averaging 12% daily in an average trade of 4.5...
FX:XAUUSD is trading under resistance pressure. The market is still forming a downward correction channel after a strong rally. Ahead of important news that will determine the medium-term outlook. The price is testing the correction resistance, but at the same time sellers are still holding the market back. Buyers do not let the price go beyond 2145-2150,...