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hey guys , COFORGE stock is showing signs of UPTREND, this stock was moving in a fixed downtrend , 2-3 weeks before this stock has crossed it's RESISTANCE and broke the DOWNTREND AREA . After breaking that area , the stock has retested But instead of going into a straight uptrend , this stock started to follow a pattern called TRIANGLE PATTERN and now this...
hey guys , just found a good stock to talk about , HDFC BANK was moving in a great downtrend . This stock was following a pattern called DESCENDING TRIANGLE 📐 PATTERN previously also , this stock has tried to cross his resistance and to break hi pattern, but it FAILED and it resulted to BULL TRAP for TRADERS but now this stock has again broke his...
Every time Bitcoin losses 70 percentage from top, it is the time for it to rebound. According to the 33.3% of Golden Ratio, its maximum rebound level is USD 29,780.
Dec-2021 high of NDQ/DJI coincides with that tech bubble top of 2000! Can we expect another 10% correction to the ratio in the coming months towards the regression base line?
Looking at the daily chart on Spotify, we can see a clear five-wave decline from the November 2021 highs to early May lows. We believe that a correction should take place, and recommend to go long at market, with stops below 89.00, targeting at least 140.00.
Liquidity within Leveraged products was used to provide a bid for the Underlying on Gamma/Delta. With the overall decline in participation, we are seeing Micro Range Squeezes develop when it is "Time". Friday's trade was a run to Square, and with the Retail Options players levered up in 420 Spy Calls... there was no chance they would be paid. The PCC remains...
This ratio has proven to be effective at least 4 times since the secular Bitcoin bull market has started: JAN 2015 - AUG 2015 - DEC 2018 - MAR 2020 Will it show the way in JUN 2022 ? Odds favour it might be so ! Either the ratio touched the 7 year ascending trendline (JAN 2015 - AUG 2015 - MAR 2020) Or the RSI of the ratio reached deeply oversold levels (DEC...
Following on from the LTC/BTC trade I posted a few days back. I believe we are seeing a building of momentum to the upside. Examining the daily candles, we are seeing continuous strong green candles. I believe that this is a great consolidation zone to accumulate litecoin cheap. Although not financial advice the way I have undertaken this trade is using Binance...
Assets have many Impulses in a lifetime, but only one "Genesis Pulse". Genesis as in "birth", programmed with all of the DNA it will ever have. That Impulse determines the "Sequence" of growth spurts and retraces. Imagine it this way: - Each person that buys some, tells on average 1.618 others to buy. - Like an undulating insect swarm, there will be waves of...
It seems that the stock has reached an oversold level and its right above the support level at approximately 60$ I am thinking of opening a long position. Great value trade in my opinion and as the market is flashing red again it might be a good option. In terms of fundamentals the company has terrific PE and forward PE ratios, great ROI, ROE, ROA and great...
$gsr gold to silver ratio now has more consecutive green candles than the run up in March 2020. Big downside is very probable from here. Even a small bit of downside breaks the long channel going back to Nov 2021. I think that would spark the launch of #silver.
Part 2: This compares the price of oil today to the 2008 peak, measured in gold's value today. Not as expensive as compared to the oil price / M2 money supply, but in the same ball park.
This compares the 2008 peak in oil prices to our oil prices today, relative to the M2 Money Supply. What is 125 today would have been 48 dollars in 2008, relative to M2.
PE, aka price-to-earnings ratio is basic gauge of how much investors are willing to pay in relation to earnings potential
This is an experimental indicator I created. The idea is very simple - I believe there's a positive correlation between stable coins issuance and BTC's(and other coins) price appreciation. Rising levels == buying power. For the last 2 years it managed to spot local tops/bottoms. We just had a double tap on the line, which is very similar to June - July 2021...
Bias: Positive. Sentiment: Optimistic. Emoji (emotion): Dizzy 👩🚀 Null Hypothesis: Buy. Alternative Hypothesis: Sell. Signals: Late stochastic buy. Position: Short term day/swing trade. Notes: Anticipating an earnings surprise. "I'm working on my day at the beach theme, please feel free to let me how you feel about it. Personally I think my sunset needs a...
We have crashed thru many fibs since the top at 69k. Now approaching a "Golden" ratio (1.618 multiple). Bulls MUST hold it (or orbit it) for any hope of recovery. The Genesis fib helped call the EXACT Top at 69k (must see this). Few posts before called the 52.8k Breakout (another golden fib). In April of 2020 we knew 12.6k Break was the key to next bull...