In the following chart some of the key features of the current trend are identified; including the mark-up of the wedge seen at the bottom, long-term support trend (in case price retraces), good entry zone based on break-out (buy the retest) and the various fibonacci levels for the major wave (ath to current bottom), first rally from bottom to local high and it's...
After a failed rally, it fell down the break the last low and is now grinding out a bottom. This looks like a good opportunity to long by buying small positions every week for next few months. There has also been a completion of a three-wave correction, which helps to further strengthen the case that this could be in the final bear stage.
Long signal on NATGAS! Bubble collapsed however it will still retest last low of wave (1) which around 3.44~ 4.13. On intraday there is also a head and shoulders pattern that got invalidated giving some additional significance for strength.
COCOA has been in a consolidation pattern for multiple years now. Testing lower side of the pattern and upper side, now it's in a very confined range and the upper/lower resistance/support line are coming to agreement. It is trading above resistance now and this would make an ideal long-entry when buying the pullback on the now broken resistance line around...
The bitcoin price violently exploded after the news was released that the SEC is prosecuting Binance and Coinbase.
Geometric approach in revealing trend angles based on halvings. I also want to see how much effect curves have on the future price, will we see any new resistance or support on these or are they just looking nice.
Ratio, ratio, ratios.. Halving of the price action is also a reflection that the momentum is losing speed with the square root. Vice versa it has to overcome those squared areas to 'exponentially' break free from those zones holding it back.
Study to see how circle ratios appear to produce effect in trading psychology.
COCOA as many other agriculture products are rising in value due to failed farming yields or public supply chain disruptions. Reward Risk setup is given and important key features like support, resistance, trendlines.
Greg Magarshak promotes the Safe Network ($MAID & $EMAID) to Richard Heart: youtu.be "Richard Heart, the well known Entrepreneur, has earned immense recognition as the founder of Hex, the world’s first high-interest blockchain certificate of deposit and PulseChain network. 2023 estimates mention that the Richard Heart Net Worth is around $14 billion. Popularly...
RSI trend hints towards another bearish wave. After a breakout on the RSI downtrend rally can resume up with strength, but currently still lacking signs of support.
Apple and other big stocks saw a massive boost in their value share. That growth is now coming to a halt and it will return to it's long-term natural lower support line.
Price not able to maintain support, now retesting 16550-16750 as primary support. Deeper target would be width of the large wedge but it's very plausible to make a higher low at later range and continue upwards. Good support at 15900-16150 and deep support at 14750-15300.
Gann box for GOLD and support angles. Last low to current ATH at 50% is how the box is setup.
Prior moves have always retested lows before another rally which is exactly what could be current situation and if not act accordingly. All is in the chart, expect major movement in October - November and now mostly sideways and bearish.
Price has fallen to 11.4 retracement of the EMAID pair and RSI/MACD show signs of slowing downward momentum. Only a proper confirmation above the resistance lines would confirm an upwards movement back to 0.20-0.27 cents
The russian rouble can only go up after completing the consolidation structure! Europe will head into winter now in upcoming months, wonder what that will do to soldiers on the battlefield and general situation.
In the chart I have indicated some trend lines I deem important and also the 0.382 swings with the following key prices: -29797 -37320 (if the bulls show their face). Good luck, TheTrex