Is NZDCAD exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.8030 followed by 0.7950 What you guys think of it
Sure, here's the analysis of Meta (formerly known as Facebook) based on the information you provided: Stock Performance: Meta has recently experienced a stock price increase of over 160%. This is a significant rise and may indicate that investors were enthusiastic, and the stock's performance exceeded typical expectations. This is an important factor that can...
FNGD to go back down to $8.50 before target of $10.51 Nxt I'm expecting a little retracement back to $8.51 with buy limits set from 8.88 down to 8.51 Take Profits at $10.17 and $10.51 Expect to retrace again and coil up. People will be talking about bears taking over, but the Santa rally will cheer bulls up and give them hope... meanwhile we are playing both...
In this environment I would say this is a distinct possibility 1.3 Trillion Market Cap 107.6 P/E SPX PE @ 20 Yes very plausible.
History and Introduction Everyone in the market today remembers broadly the financial response to C19. It We see it every time that we look at the price chart and we see the spike down and the V recovery. What a lot of people may not remember is the investigation into SoftBank for essentially causing a short squeeze by use of call options and gamma hedging. ...
This stock have fundamental good stock Technically this stock breakdown from major support now stock can go low level Take own analysis No recommendation for buy and sell
Following my previous update in June 2022, Bitcoin has indeed carried out most of the dead cat bounce that I've been expecting. Granted, it took longer than I thought, but the levels are still valid. This is just an update that we are indeed on track with the plan, anticipating to enter the 35k-37k price zone before the bear market continues. This zone is a...
M Formation has been forming since January 2023. We had a break up, test and it failed. THe market has continued to make lower highs showing the sellers and supply have domninated the market. It's important to hedge shorts during these times and ride the markets down. Other indicators show downside: 7=21 Price<200 RSI<50 Target 56,483
Analyzing the 3-day timeframe for BTC/USD, two primary scenarios arise: Bearish Outlook: Current wave XX-Z indicates a possible triple combo wave W-X-Y-XX-Z. With wave X potentially concluding, a move downwards for wave Y is anticipated. Bullish Correction: Despite a bullish market, a correction wave 2 could drive prices down to 23,700, below the 0.5...
Last Friday QQQ broke the upward trend line for 2023 on the daily and weekly charts - see my earlier post. Lower highs and my favourite indicators are pointing south on both the daily and weekly. Note the downward trend on MACD and RSI since June. So it will probably fall further. There's support right now around 354-355 so perhaps a small bounce first? SPX,...
Hello guys, is there anything which would make this count invalid? - I mean, we all know that most alts will die one day tragically, i assume it to be a silent slow death to have as much as possible people suffer from it... ?! Is this a possible scenario? Thanks for your feedback, have a nice day!
It's no surprise that the price has been rejected from the 200-day Simple Moving Average (SMA) multiple times. Historically, the 200-day SMA has acted as either a support or resistance level, depending on whether the price is above or below it. Since the current price is below the 200-day SMA, there is a high likelihood that the price will continue to move lower...
It's crucial to approach trading with a discerning eye. The KAS token has recently formed a significant rising wedge pattern, a bearish indicator, and to add to the complexity, it's showing signs of a bearish divergence. This double whammy serves as a warning to traders to exercise caution. 📊🚫 The Rising Wedge Pattern: Rising wedges are typically bearish...
Gaussian Channels: Defining Price Ranges Gaussian Channels, a technical analysis tool, provide traders with a visual representation of price movement within specific boundaries. These channels help us understand Bitcoin's typical price oscillations and set the stage for potential breakout points. The Halving Effect: Supply Reduction and Bullish Sentiment Bitcoin...
Hey folks - been a while since I made one of these (not too much interesting movements in the crypto markets lately, honestly), but after a long period of inactivity in XTZ, *something* seems to have triggered a move. There's a few people wondering where this spike in Tezos came from - unless the transaction was triggered by literally one wallet (unlikely since...
It's clear that we've had the 1 year anticipated breakout. And it's down. Right now, we are having a slight rally which is known as a Bear Market Rally or a Dead Cat Bounce. The price can go up a day or two but the resistance level will most likely hold. And this will cause the next down leg with the ALSI... First target will be around 61,403
Looking at Job Openings data, bear markets end when RSI is below 30, we've just now crossed below 50, we have a long way to go. I think Job Openings need to fall to roughly 1/3 of the current level to 3mil or so down from 9mil, which would still be quite a bit higher than previous bear market bottoms. Equity levels will most likely follow right along.
NASDAQ:AAPL Just a range breakdown and retest imo. Daily demand below. Expecting a one more low before a bounce. Bulls needs to hold that demand or 150 gonna come fast.