💎Paradisers, stay on high alert! #RIFUSDT is shaping up for a compelling opportunity as it prepares to retest ascending support, indicating a robust bullish move ahead. 💎We've noticed that #RootstockInfrastructureFramework has been consistently respecting an ascending support line on the 1D timeframe, hinting at a solid base for bullish potential. It's now...
While everyone is worried about inflation, recession, the FED, Cryptos etc.. No one is realizing that we could be heading for an emerging market currency crisis as rates in the US rise and the dollar gets stronger. Read more bout it here.
Easy short scalp to finish the week. Entry 17725 TP 17708 SL 17743 Entered on the LTF once we broke structure targeting the LTF sellside liquidity As you can see the concepts we use on the HTF are also and obviously applicable to the LTF. As long as you follow the market structure you will be on the safe side. The rest will all depend on your RISK MANAGEMENT...
Gold has been bullish against the US dollar in recent day trading sessions, driven by geopolitical tensions, economic uncertainty, and a weakening dollar. Technical indicators support further upside potential, with traders likely to continue buying into gold as a safe haven asset. The outlook for gold in day trading remains positive, with potential for continued...
💎Paradisers, prepare for a captivating shift in the #ARKUSDT market, suggesting a possible bullish surge from its current demand zone. 💎After a recent rejection from a strong supply zone, #Ark has cleared buy-side liquidity. This sets the stage for a possible downward move before rebounding from the critical bullish OB at $0.764. If LSE:ARK gathers enough...
Marathon Digital ( NASDAQ:MARA ), a prominent Bitcoin miner, sets its sights on doubling its hash rate by the end of 2024, following the recent Bitcoin halving. Despite the halving's impact on block subsidy rewards, the company is optimistic about its growth trajectory, leveraging increased machine orders and capacity from recent acquisitions. This move...
Fundamentals on top of technicals. Valuations good too.
AbbVie Inc. ( NYSE:ABBV ) struggles with declining sales volumes of its blockbuster arthritis drug, Humira. Despite a positive outlook for its newer immunology treatments, Skyrizi and Rinvoq, concerns over the impact of biosimilar competition and shifting patient preferences have cast a shadow over the pharmaceutical giant's performance, leading to a dip in its...
Gold has broken through the shock zone and is also in the form of a triple top. It is currently rising strongly, the bottom is more obvious, the moving average is obviously upward, and the steepness is also intensified. The MACD energy column is obviously located at the zero axis. Above, it is also a sign of gradually moving away from the zero axis. From this, it...
I'm just looking at the bigger timeframe. All the juices are on the bigger timeframes. Trying to compare previous rallies to the potentially upcoming one. What do you think? Do you believe in this setup? The charts look the same, the whole market structure looks the same, and even the money flow looks like it's rising as in previous cycles. Well...fingers...
This chart is just for entertainment. If you have been following from the previous idea, you should know what is happening. If not, go back and read it. Good luck.
The upward trend of XLK experienced a halt in mid-April, marked by a price breakout below the swing low at $197.3. By retracing the price action from January 2022 to October 13, 2022, a potential pattern emerges, suggesting the formation of a 'Head & Shoulders' reversal pattern. XLK had been on an upward trajectory from October 2022 until April 2024, largely...
Looking at the 3 months time frame and we can see that we are at a strong supply zone! Also the fibs lining up perfectly. I'll be holding this position for long time since trading higher TF. Bank of Japan will mostly intervene coming days and we shall see a sharp drop by next Friday! We are trading at 2007 levels and extremely overbought.
💎 Paradisers, the recent market dynamics surrounding #ETC have been noteworthy. 💎 After a successful rejection from the support zone around $24, ETC has bounced back upwards. 💎 Currently, it seems poised to continue its upward trajectory toward the resistance of the Bullish Flag pattern, indicating a potential continuation of the bullish trend. Breaking out of...
Fundamentals: Affirm Holdings provides IT solutions for digital and mobile-first commerce. It is in the finance and payment industry just like Paypal or American Express. The company tries to differential itself from credit cards by not charging fees, but an agreed payment. Both sales and earnings have been accelerating.] and exploding, but the earnings have...
From a technical perspective, there hasn't been a definitive signal indicating a trend reversal for the SPY 500. Back in May to October 2023, the SPY exhibited a clear "M" pattern or double top, experiencing a drop of approximately 5%, retracing back, and then dropping around 10%, forming the M pattern. If we compare this M pattern with the current price action,...
Deep state after Musk. Unethical shorting, however looking at value pre "self driving cars", "robots", "value of cars only goes up", "spacex=tsla" I think you can ethically short the company without bringing in politics. Share price is 50% off high, and further off 1/2 of that high, and looks to be in a downtrend that is almost 50% off that high. Without...
SET:COM7 BUY BET 3-4% position if bottom will going to accumulate & add position... STOP TIGHT very low account risk = 0.10-0.15%