Looking at the chart, the ascending channel together with 50 Day MA provide strong support for the continued upward rise of BTC in my view. If the channel breaks, the closest support to look at would be around 56K. Happy trading! NFA, DYODD
DOGE is regaining strength after losing 30% yesterday. Second chance for those who missed the "moon shot"? NFA, DYODD
If this bull flag breaks to the upside, Junior Gold Miners could double! NFA, DYODD
XEG has been in the downtrend for over 10 years (!) all the way till it hit its lows at $2.54 in March 2020. But then a bounce happened that seems to be able to sustain momentum on the monthly chart. Will the downtrend ever end? I expect it to at least reach the upper bound of the downtrend channel around $10. Too optimistic? Not a financial advice, please do...
Although NIO's share price has been recently consolidating, I expect a bounce off 200 Daily MA. Details on the chart. Not a financial advice, do your own due diligence...
Having been a resistance over a number of weeks, $1.39 may become a new support for ADA.
I like how constructively Cineplex behaves around 50 Day MA
Details are on the chart..
After Air Canada's rejection of the takeover offer at $5 per share, Air Transat experienced slight turbulence and cratered around 20% this morning. Is that a buying opportunity?
Nice bounce off Daily 50MA today!
Last time TSLA was deep below its Daily 50MA and broke above the double-bottom formation, it rose almost 10-fold. A similar fractal has started forming recently as plotted on the chart. Also note the RSI hitting lows at the same time. Not a financial advice :)
Bottoming seems to be in progress for Doordash. A resolute break to the upside on high volume would confirm the trend change.
Details on the chart ... P.S. Not a financial advice
What if BTCUSD is just range-bound?