Ochlokrat

Ochlokrat

What are all NVIDIA bulls waiting for? Of course, the $1,000 mark. As usual, the market enjoys making traders wait who have set their take profits at such iconic levels. After an initial attempt on March 8th, NVIDIA's stock once again fails to breach the $1,000 mark. However, it's clear: the market will eventually reach this milestone. And the breakthrough could...

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Much is being talked about these days regarding the new star in the stock market: SoundHound AI. Many channels are hyping this stock. However, those who entered late must be frustrated with significant losses. Now, the stock of SoundHound AI is recovering, and once again, many channels are beating the drum for a long entry. Is it a good opportunity now to buy the...

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When we look at the chart of the Amazon stock, two things stand out: the clear upward trend and the noticeable hidden bullish divergence in the VOLD indicator. The latter indicates that despite significant efforts, the bears are unable to push the price down. In a clear and long-established upward trend, this suggests further rising prices. The presented trading...

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Like most other established altcoins, Litecoin has recently seen significant price gains. However, unlike the heavyweight contenders Bitcoin and Ethereum, LTC is still far from its all-time highs reached in 2021. Whether Litecoin will ever revisit these highs remains uncertain. Nevertheless, there is currently a clear and pronounced hidden bullish divergence...

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After a temporary weakness, the currency pair GBPUSD is once again showing strength. The chart indicates a significant support area between 1.2590 and 1.2520, which can serve as a starting point for a long trade. We are aware that the Dollar is currently in a phase of strength, putting the recovery of GBPUSD on shaky ground. Therefore, we suggest choosing two...

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In the last few days, SOLUSD quickly reached new highs - only to correct even faster since yesterday. Following the Elliott Wave Theory, SOLUSD is currently in a corrective wave that should end in the current price range and transition into a preliminary final upward wave 5. This gives us the opportunity for a long entry with a good risk-reward ratio of around 1.7:1.

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Fetch A.I. has impressed in recent weeks with extreme growth: The coin has surged approximately 400% since February 2024, far outperforming many other altcoins. Naturally, it's not realistic to expect this price momentum to continue at the same pace. However, we remain highly bullish on Fetch A.I. and anticipate prices around $8. The presented trading idea offers...

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Many investors currently firmly believe that the Chinese Hang Seng Index will soon rise. The economy in the Middle Kingdom is performing well in global comparison - so it can't be that the local stock market is so weak, right? Well, as you know, stock prices don't always have something to do with the actual state of the economy. That's why we remain pessimistic...

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Let me be honest: I "stole" the price target for gold of around 2,400 dollars from very good analysts based on the Elliott Wave Theory. However, I am not reproducing other people's content here, but contributing my own ideas that support the achievement of this price target. Essentially, the options sentiment should be mentioned: It remains consistently bullish...

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Since October 2023, the price of gold has been in a stable upward trend, which has recently accelerated. The optimism seems boundless, with many investors expecting a gold price of around $2500 by the summer of 2024. We too are optimistic about gold, but anticipate a correction. However, we expect the gold price to surpass the $2200 mark beforehand. This is...

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In recent days, the Dollar Index (DXY) has shown an impressive rally - much to the detriment of many other assets. A day before the next meeting of the US Federal Reserve (FED) and half an hour before the auction of 20-year US Treasury bonds, the DXY has reached an interesting zone. Here, several Fibonacci resistance areas converge, forming a zone of confluence....

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The precious metals are currently consolidating at a high level. The correction hoped for by many bears has not materialized so far. Silver is currently performing even better than its big brother, gold. We expect the price of silver to soon move towards $30 and beyond. Based on the Elliott Wave Theory, we present two trading options for a long trade in silver as...

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The crypto bull market continues unabated. The price of Solana is also rising, but is weaker than some other coins. We expect a temporary correction on the crypto market in the coming days and want to use this opportunity to position ourselves long in SOL. We choose the 38.2% retracement as our entry point and set our stop loss below 78.4%. We target the $180...

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Well, here we go again! Another long on ETH, riding the trend because, hey, trend is your friend, right? Plus, we've got a beautiful divergence between price action and the VOLD indicator. Happy Trading, folks! 🚀

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Chainlink has been able to recover significantly from the lows of the past few months in line with the cryptocurrency market. In the 6-hour chart, the price has dissolved a sell-side liquidity, while in the 8-hour chart, it has reached a crucial support level. So, we are indeed talking about significant time frames relevant for technical analysis. Given this chart...

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Major oil companies such as Exxon are currently benefiting from rising oil prices. After the share price of the world's most valuable company had experienced a downward trend for a long time, a significant turnaround was achieved in 2020. In September 2023, Exxon shares reached new all-time highs. This was followed by a correction, as oil prices remained...

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Although we are considering a time frame of only a few weeks rather than several months for this trade, the Weekly Chart is most suitable for depicting the chart pattern in USDCAD. Since September 2022, or for a year and a half now, the price has been in a consolidation zone. Neither the bulls nor the bears have succeeded in moving USDCAD sustainably in one...

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Filecoin is moving upwards along with the entire cryptocurrency market. Not only that, but Filecoin has significantly outperformed many altcoins in recent days. Is this the end of the rally? No, we do not believe so. Instead, we expect a soon-to-come surge to around $12. For a long entry, we will wait initially for the price to correct to approximately $7.08....