As we all know TSM has amazing fundamentals, incredible advantages in their business model and benefitial political terms inside their country, right now their competitors are not close enough to compete with them at full scale. So we are not going to argue about value for this company. Not all day we have infront of us a company that represents value for half of...
Tezos shows a double bottom, a strong double rejection of the $ 2 support resulting in a new peak higher than the last one, crossing the 200 EMA giving what looks like a possible confirmation of a reversal of the downtrend. In case of breaking the resistance of 3.1 USD expect a strong bull run.
Corsair fundamentals are amazing, stretch stop loss even a little more so manage well your position size, even tho Corsair is really undervalued right now, we are currently living a lot of fear in the market so expect big volatility.
As you may see amazon formed a triangle pattern, the one who just broked down, if confirmed and breaks the 200 days EMA we might see a fall to -20 % point on the chart and in case of a worst scenario we might see -30 % but this is just a remote case
Moderna looking like respecting the major trend, still a little far away from 200 days EMA, if the major trend is respected we might see a rebound to the first green line. It all depends of how the markets will turned with all this crazy enviroment
Right now BTC is in an akward position, even tho we can see a correction, BTC momentum right now at the markets is pretty strong, we may see more companies and even goverments and banks Joining the BTC acceptance campaign due to it's natural public acceptance, at the end of the day you need to offer to the public what the public wants, If we see a major adoption...
If BTC breaks the 48170 USD Resistance we may see the price reach the 50520 usd Mark and if still have gas left over we can see an up movement to 52000 usd mark, Stop Loss set at 44100 USD, this is a major support if we see a price break in this leven, expect a big BTC correction
If Matic Breaks the 0.13071 USD Resistance, we may see the price reaching point A 0.1724 USD and If still has gas to go we may see it on the 0.19290 USD price (B Mark), In case of breaking 0.12320 USD Support we still have space to bounce from negative till 0.11201 USD Mark (Stop Loss), The stop loss is set wider due the strong fluctuation and movements that...
If LTC break the 189 usd barrier with a clear disruptive candle, we can expect a climb to the first take profit that is 214 usd price (Point A) or 228 usd (Point B), in case of breaking down, expected SL is in the 173 price mark.
Always administer your exit strategy
In case of an unexpected result in the earnings of this fiscal quarter, confirm the downtrend, possible entries in Point A and B, in the case of being opposite and confirm trend after the first possible blue resistance entry in it.