In technical analysis a Fibonacci retracement is created by taking two extreme points (usually a peak and a trough) on a stock chart and dividing the vertical distance by the key Fibonacci ratios of 23.6% , 38.2% , 50% , 61.8% , and 100% . Fibonacci retracements are popular tools that traders can use to draw support lines, identify resistance levels,...
The human mind is made to create context if there is an information we need to get the full picture. An example of how your brain is creating information in order for you to understand the context could by reading this text: "I cdnuolt blveiee taht I cluod aulaclty unesdnatnrd waht I was rdgnieg! The phaonmneal pweor of the hmuan mnid aoccdrnig to a rscheearch...
Ethereum , along with crypto, is on the rise with a bullish trend. There is good support below at stpport level 2163.26 and 2939.96 . The upcoming support points are sift up by resistance. Ethereum will therefore not meet resistance which is of great importance for a bullish trend.
Strong support below. Broke a triangle. Breaking the resistance. Cardano has just broken a triangle where it made a strong bullish trend. Now Cardano is testing at the support level 1.187. Now Cardano can break the new resistance level at 1.353 and reach the target at 1.392 . Because there is a good strong support level below, it will not go down...
Bitcoin has recently broken a triangle where it got a good push towards the next support level. Now Bitcoin is testing at a strong supportlevel and seems to be able to go up to the next resistance level where Bitcoin will probably get some resistance but then it will find the previous support and go up to the next support and reach the target at 48017.35 .
Pandora is at a low point right now. It has a strong support under and some good support-points over. If Pandore gets a good support it will start a bullish trend. When is reaches the support it could go fast and go up a lot. Pandora will follow the OMX C25 Index and go up over the next few months.
Bitcoin is forming a triangle which could make a very good breakout and hit the target at the Resistance level. When The triangle breaks it could leave some very good and solid results. This also means that now is a very good time to cash in Bitcoin .
Cardano is in a triangle right now and it could break very soon. When Cardano crosses the triangle it could get a very good support. When it gets a good support and breaks the triangle it could potentially go eaven higher than what the graph shows. If you wanna get involved in the comming wave now is a good time to invest.
AMBU is very low right now and it seems like it could go very high with the OMX C25 Index . It is at the lowest for almost 2 years and with the interest rates going down it could lift the shares a lot. There is a very strong support level under it and a good resistance goal.
Questerre is a very interesting share with a good potential outcome. It seems like it could rise a lot again very soon like we have seen before. Questerre has a very good support under and a potential outcome at the ressistance level. There has not been very much activity in the stock lately but resently something interesting started happening. The share saised...
How is Cardano evolving? Cardano seems to be going up over some time. It is very low right now and have a very strong support under it. So Cardano could potentially go up a lot if it gets the support it needs. It is a good time to invest in Cardano because it is so cheap right now.
Bitcoin has fallen a bit from the last resistance level. Now BTC is at the bottom at the support. Bitcoin could go up and get support from the next level but it could also crash under the support. If it goes up it will get to annother support level and that will help it going up a lot. but if it breaks it needs to find an older support level. So you could...
How is ETH evolving and is i time to buy? Well on a short investing it might not be a bad idea to invest now. It seems ETH is going up and is getting a good support.
The OMX C25 shares had a very good bullish trend from the beginning of COVID-recession. Now the shares just finished a shoulder head shoulder bullish formation and is now testing at the support level. Now it is very possible that the shares are going to raise and reach the resistance level. Therefore we now could get a potential bullish trend where it can raise...
Apple seems to have a bullish trend over a long investment strategy. So it is a good idea to invest in apple if you are looking for a safe long-investment. And note that over the past years it had been trending (long) though with a few smalle bearish points.
Novo Nordisk is at a low point right now. It seems like they are getting support and could rise high very soon.