SNAP just got dumped on last earnings report. It has since been testing a most important level. Tight confluence of two Golden fibs marks the spot. $ 11.72-11.76 is the exact zone to be held. $ 13.16-13.35 will be first serious resistance. $ 15.99-16.29 would make a nice final target. =============================================
This is a follow up to my $177 breakout call (click). Nearing a significant resistance around $188. Expecting a pullback but the market is strong. At the least we should get some sideways action. $ 187.49 - 188.98 is the immediate resistance of interest. $ 197.94 - 199.63 is next major resistance and maybe top. $ 181.95 - 182.39 is first good support that...
This morning, I shorted gold near 2326.31, and as gold fell back to hit TP: 2315, I profited and left the market; I added positions and went long gold near 2296 and 2286, and as gold bottomed out, it hit TP again: 2300 profit and exit. The total profit exceeded GETTEX:14K , which was another good profit for several days in a row! Tomorrow will usher in a golden...
DOCN ona 120 minute chart has downtrended into the support of a 0.5 Fib retracement from the rise after the November earnings. and the triple top then trend down from the last earnings. I believe that is is well situated to rebound toward that triple top again in the next three weeks until earnings. I realize that based on the inicators a long trade...
NFLX on a 120 minute chart currently has price sitting on the POC line confluent with the Fibonacci 0.5 level on the previous trend up that was before the trend down from around the time of an earnings beat which was a disappointment because traders somehow expected better. There is been some disappointment about NFLX keeping some of its subscriber...
AAPL is here on a 120-minute chart in what appears to be a falling wedge pattern. As volatility gets compressed further it could break down or break out with a bais for the latter. I believe that the rise of generic phones in China and Inda with comparable cameras and other functionality has impacted AAPL as had the rising prices of its flagship products. ...
If you find this information inspiring/helpful, please consider a boost and follow! Looking for these paths to play out for clarity to play off of. Possible Elliott wave triangle here. A break down and reclaim is a nice conservative move I am looking to play. A break up impulsively, I would be watching for a retrace to play high. The target for the triangle may...
The bearish basic trend is very strong on BITCOIN - BTC/USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 59,101.97 USD. Crossing the first support at 56,647.22 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 55,575.35...
Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price rebounded from the lower border of the downtrend channel. Let's start by determining the support line and as you can see, the first support in the near future is $57,035, which kept the price from a major correction, if the support is broken, the next...
Not financial advice. CRYPTOCAP:PEPE Needs to print a new higher high to turn bullish witch will break the triangle. if that happens will need to wait for a retest for confirmation. Like and subscribe for more ideas. Thanks.
Hello friends, did you have a good day? I'm going to show you a shocking and amazing chart today It's a log-chart. There's a way to read the ideas of the forces by applying a little bit of technology in the Fibonacci extension. It's the SECRET of 0.1 and 0.236 0.1 and 0.236 are places where there is a fight between selling and buying, and have...
What an amazing chart... I have wave (1) peaking in December 1999, wave (2) completing a zigzag ABC in March 2009, wave 3 ending in November 2021, wave (4) triple-three ending in November 2022, and wave (5) likely complete in March 2024. Parallel channel connecting waves (1), (2), and (3) provided (along with Fibonacci) strong support for wave (4). MSFT could go...
Currently at a support going into weekly open. Last wave has been retraced to its Impulse Core. If any energy left in this wave, it should be here. Otherwise, next support is a MAJOR fib at $2307.19. If that fib breaks, then bulls will be done for a while. If risk-off remains the sentiment, look for $2700 next. ===============================================
Hello traders, Bitcoin has made its first 5 waves, now it's time for the abc waves. This is the exact move I'm expecting in Bitcoin, traders. PS: Thank you very much that you support me with your likes and Comments If you have another analysis at this pair, please share in comments, I will be glad to discuss with you. Thank you for considering my analysis and...
This analysis examines both the short-term and long-term trends for Bitcoin (BTC) against Tether (USDT) using the weekly chart. Short-Term Trend: Based on the current bearish sentiment, I believe there's a high possibility of BTC experiencing a further drop in the short term. A potential support level could be found around the intersection of the 21-week EMA...
I think that NYSE:XPEV completed the Elliot WXYXZ correction wave in April 2024, which started in July 2023. I think that the major Elliot wave, which I am currently showing with the red line, has started 3 impulse waves. I think that this 3rd impulse wave will make the 1st wave. This impulse movement can take NYSE:XPEV up to $13-$15. Take Profit Point...
There's no need of much indicators to see price action on ETHFI. There seems to be an inmense and obvious change of trend. Price triple bottomed between 3.20usd and 3.30usd and printed three massive green candles in 6h graph that broke an imporant resistance of an horizontal channel where the price was trapped in since 14th April and broke the diagonal resistance...
If you find this information inspiring/helpful, please consider a boost and follow! Took off out of area of interest and headed up to the next area of interest for me. Going to be watching HOW, the price action reacts around this level. If the level breaks I need to see it hold above. Arrows indicate the price action I want to see.