Hi, looks like if CVNA breaks $60.5 and end the week above $60.5 it has all the chances to go to $90. Beware it's RSI is already too high. Break and confirmation is important. Cheers, Happy trading
Looking at the previous pattern, some time before the end of the year Crypto bull run should peak. But usually it ends in December or April Just take it as information. Happy trading.
Looks like BTC broke down from the channel. Looks like head and shoulder bearish pattern. It is goes back up and stays above the line, it has good chances of strong recovery. Looks like confirmation is needed here, may be backup to 57k to 59k and then come back down to 52k. FOMC today will swing stocks very aggresively. Happy trading
Hello hello Looks like dollar is about to breakout and we can see the ascending triangle and also long term trend line above. Once it breaks 152 and stays above, it confirms the move towards 160. Happy investing
TSLA is doing same think it did last time, flush out lot of bulls. I think if there is any more downside it should be 145. The volatility during the FOMC will impact tesla, but should bounce back stronger. Dollar cost averaging is best. Buying between 145 to 170 is what I'm looking at. Cheers, Happy investing NASDAQ:TSLA
GLD broke out and expect it to be go crazy as inflation is still sticky and might raise in coming months. If it drop below the line, it's a failed break.
NASDAQ:PYPL Paypal broke the channel to upside and at support, it has all the possibility to go up above $71. But the entire market is on downtrend. Once the market cools down paypal should fly high. Cheers Happy investing
Hello, Looks like silver is in a bullish pattern. GOLD is already at ATH, silver has a long way to go. Hope it breaks higher and moves towards $30. AMEX:SLV
AMEX:GLD If GLD reaches above 2100, it's game done, it is going straight to 2600-3000 in an year or two. This indicates the inflation effects and de-dollarization risks. Short term pullback will happen, but the rip up will be legendary. Cheers.
May be we all should get ready for the next bull run in 2024 and 2025. When BTC goes above 40k, the stocks related to crypto will just go crazy. This chart is just a representation on where to take profit and where to buy. I guess COIN might hit the ATH by mid of 2025. First crypto second capitulation then create a base and then halving and then enters bull...
Looks like VIX is going to dump heavy before the market correction. This shows markets can go ATH in coming weeks and months. Atleast till Feb 2024. This is usual pattern in the hiking cycle, markets make ATH during end of hiking cycle and dump during rates cut. Cheers, Happy investing.
Hello, This is just my imagination, may go completely wrong. Considering the halving, next small recession and bull run. Cheers, Happy trading.
BITSTAMP:XRPUSD I think XRP is going to go wild in 2024 and 2025. This is just what I think as per the chart. Imagine if few countries take XRP seriously and start using it.
Hello, Looks like 25th is going to be the turning point for PYPL. CEO is optimistic, stock looks ready to recover. Let's see what happens: May be pump till 25th and then based on the event it might go up or down. Cheers
BITSTAMP:ETHUSD Just me on a lazy day looking at the charts and seeing where the next bull run will start and how far ETH can go. I think ETH already bottomed and might visit the bottom price again.
NYSE:SNOW Looks very bullish, the targets might hit in next few months. Get ready for all the small tech stocks to bubble up again. Cheers, Happy investing
Hello, Looks like amazon want to take off. It might reach ATH in next coming weeks as FED is in light mood and only stock which did not do well in tech sector. I think above resistances will be hit one after the other easily. May be when recession hits in 2024 Q2, it will go towards 82 again. Cheers, Happy investing.
Hello, USDCAD is playing in the same box. Looks like USD is taking control, but eventually should loose control as tightening is almost done. Let's see what's up. Cheers