Technically and fundamentally #Ordi should be a good a pickup for this next cycle Bitcoin ordinals will be hot for a while at some point :) 21 million supply is obviously a good narrative Bringing speculation to the #BTC chain obviously good for attracting speculative capital flows $5.75 target could be archived in the next couple months.
NYSE:UNH reached 450 $ recently. From December 2021 never reached bellow this level. It tried 450 $ six times and bounced back to 550 $. From December 2021 NYSE:UNH is is swing in a channel between 450 and 550 $. In weekly chart, it is on 200 days moving average, which seems a very strong support. From December 2021 it always trades above 200 days moving...
Fundamentals: - Xerox on March 2024 offered $50 million of 3.75% in Convertible Senior Notes due in 2030. - I guess Xerox is getting into 3D printing and they are trying to "RE-INVENT" themselves. They have a heavy amount of cashflow. However, SMCI (Super Micro Computer) is a competitor and SMCI is booming as a leader in its industry. - Xerox currently pays a...
The #stockoftheday for 5/Apr was $EDP.LS #EDP, ⬇️ 2,4%. Mid-session 3.55 looked like a great place to short on breakdown of flag. However, look for retest of 21/Mar lows on 1D MACD divergences and break of downtrend #trading #euronext #PSI20 #stocks
Usdjpy showed signes of bearish price action. before market closed thursday i got in usdjpy sells and i was up $230 profit with a floating balance of $333. After USDJPY NFP new came out friday it quickly moved to the upside surpassing my entry by 10 pips or less so i got out at a $30 loss leaving my account with a remaining balance of $112. * Market outlook and...
HBAR is currently trading just above the long term support area and forming a bullish pennant in mid term time frame. In case of breakout of the upper channel, we might see a good move in upwards direction.
Since entire crypto markets experiences a huge volatility & shake out due the BTC having event this April month, ETH does not have clear direction. So wait for breakout. Key area for support is near 3050 - 3000 and first key resistance is near 3500 zone.
Traders, In this market update I am discussing the numerous "M" Patterns that I am seeing on the crypto charts. We'll talk about where we possibly could pull back to. And we'll take a look at the U.S. stock market: DXY, VIX, SPY, and NVIDIA and the impact they are having on crypto right now. Apologies for the quiet voice. I will ensure this is fixed before the...
Gap between $9-10 range and local resistance is rejecting the price really well. Next major support is also untested and price could reach there since there is no EXHAUSTION VOLUME. and rest... Idea well explained in the chart. This is not a financial advice.
Dow Jones may pullback from a key daily support. I see a nice tiny double bottom formation after a test of the underlined blue area, with a confirmed violation of its neckline. Goal - 38860 ❤️Please, support my work with like, thank you!❤️
Strategy: Short Entry: 6,74600 TP: 6,29000 (6,76%) SL: 6,97500 (3,39%) Decision Making process: Subtle RSI bearish divergence EMA crossover Double Top bouncing off resistance and failing support Support retested General (BTC) bearish market
Double top breakout and retest neckline. Good area to short.
The BCH/USD weekly chart displays a pattern resembling a giant double bottom. If this pattern plays out, technical analysis suggests a possible price target exceeding $3200. Due to Bitcoin's historical dominance in the market, some consider Bitcoin Cash a "clone" and speculate that its price movements might echo Bitcoin's to a certain extent. This concept is...
Gold appears to be overvalued in my opinion. On the 4-hour time frame, the market has shown a rising wedge pattern and a double top pattern within that. Both the neckline of the double top and the support line of the wedge have been breached. This indicates to me that a corrective movement may be on the horizon for the pair. My targets are set at 2263 / 2240
Ripple ( XRP ) will put the banking system to the test. Many attempts to shut down this "wonderful" coin have been made. Still, it's alive, has a pulse, and it's barely getting started for the New Crypto Age. It will take some time indeed, until it would be implemented in the systems. All I can say is that, IMO, the Crypto Revolution is inevitable. Anyway,...
Monthly Chart of CBLS. Bullish! Little Island Reversal w./ a double bottom. Expecting to C higher monthly Close(s). Higher lows on each month.
USDJPY did exactly what was explained in my first break down. I'm still sell biased and i feel like NFP is only going to push price to the downside also so everything should work in my favor.
NVDA bad trend signals, many more stocks like retail NYSE:ANF LSE:ALF TANKING. CASH is king!