If the estimates are correct regarding the earnings as of 01. Nov. we could see a breakout from key levels and the wedges forming on APA. This is purely based on earnings and technical analysis and the possible recession might change the outcome. I will be monitoring this stock closely and looking out for key levels in 41, 45, 49 and 51 dollars.
Based on FIB analysis, BTCUSD could be making the same move as it did back in May.
As long as it stays above 0.5 FIb level i remain bullish ,.
Love to hear your thoughts about this!
BITCOIN Broke bullish out of it's channel and reached a new ATH. However it might be forming a Head And Shoulders pattern which, if completed could send price back into the channel again. This could be a consolidating fase for Bitcoin, until it's ready to go again. I believe that the minimumtarget for the HAS-Pattern is around 53,000 Dollars, however panic-sale...
Last two times Equinor hit this upper trendline on the monthly it was send down the bottom of the wedge. I will be watching the stock over the next few months to determine wether it is returning back down to the bottom or maybe has the strength to break out of this wedge and go for the target at around 43 NOK.
The Head and shoulders i thought was denied could actually still be forming, this means that MARA isn't out of harms way. However i also see a big wedge forming with potential of sending the price upto test earlier high resistances. With bitcoin being over 50k. i can't see why MARA should drop back down to around 20, however i will be keeping an eye out for the...
Head and Shoulders pattern forming on the daily charts with a minimum target at around 57,500 dollars if completed and breakout. Both head and shoulders and neckline is confirmed by significant support and resistance levels from Bitcoins last bullrun.
Please note that the pattern may not form and complete but my technical analysis is suggesting it.
over the last 5-6 months, riot has been forming a big tripple bottom pattern, both on the daily charts as well as the weekly. On the weekly it is in a massive wedge as well.
If Bitcoins pushes over 50,000 dollars Riot is definitely a stock to watch
Price have been moving in a slightly bearish channel since March, here it formed an ABCD pattern and broke out. Price then tested a bearish trendline and fell back into the channel again.
On the weekly, price have been moving in a massive flag formation with a minimum target at 4.77 dollars if it breaks out bullish. This flag formation has just been broken to the...
just now
Breakout from triangle formation, but rejected by bearish channel and currently testing the top of the channel. Also very strong resistance from May in 6. 01 holding the price down. Last time price broke through this resistance it rose to resistance i 9.10. With strength from the triangle formation breakout, it's possible that price can overcome the two...
Mara has had a rough few month but is starting to show power again alongside the rise of Bitcoin. If Bitcoin continues to rise and exceeds 50.000 dollars Mara will have strength to break the major resistance in 39.69 dollars.
strong Q1 financials, we can possibly see earlier or new highs next month or so. Be careful og strong resistances on the way up. (NOT FINANCIAL ADVICE)
