"Twitter ( TWTR ) reiterated its 2023 revenue outlook of $7.5 billion" I have my doubts. While its financials look to be in line with expectations, the stock is down 53%. When the company gave an ambitious revenue vision, it was clear that investors weren't buying it, and the stock dropped one after another, and they have cast a critical vote. We have reason to...
I would see a lot of buying action going on if the stock falls to $120-$155. Because I think a company with enough cash reserves, it will be well protected against risk. You'll find the pattern in the chart and I hope it works. Buy $120-155 Stop loss $99 Target X
At the moment I don't think it's wise to go long in the C zone because sometimes price volatility can be amplified in a market pessimism block and the support level in that C zone will be unbearable in the face of a trend reversal.
1)U.S. inflation hit a four-year high of 7.5% in January, exceeding market expectations. 2)Fed officials made hawkish remarks, reinforcing the case for a 50 basis point rate hike in March.(Is gold about to fall in the Fed's rate hike cycle? Obviously it is not going to happen) 3)The dollar may have more upside amid rising inflation and wage pressures.
Will this be the next move path for BTCUSD? BTCUSD price is blocked at $45000-47000. when BTCUSD rise is rejected, it may test $39000-40000 levels downwards in the short term. Instead, it may stay above EMA200, forming a converging triangle.
Why is BTCUSD likely to fall below $40,000 ? The link at the bottom checks my trading plan.
Sell $3100-3350 Stop Loss $3650 Target $2800-2900
BTCUSD is back in popularity, so why short it? From technical analysis it can be judged that the price is in the dump of the supply zone, and entering a trade at this price level is worth risking for, although the risk-reward is relatively low, but the win rate is high and the risk is manageable. How would you set up your plan? Leave a comment in the comments...
The charts give me new inspiration. However, I still need more time for analysis and believe I can develop a trading plan with a higher winning rate.
60% bullish 40% bearish Earlier analysis:
BTCUSD price is in a rebound correction period after a sharp decline, and the foreseeable scenario is that the price will consolidate in the $35,500-39,500 range.
1 st range $1794-1814 2nd range $1785-1823
Buy 1.132-1.138 Stop loss 1.114 1 st target 1.160 2nd target 1.170-1.178
Prices are again looking downward for lower support levels and if there is no strong price rebound to reverse the trend, then market sentiment will deteriorate again.
Without a recovery wave above $44,600, BTCUSD will likely continue to fall. For now the price will swing back and forth around the $42,000 pivot point and the shorts are still active. BTCUSD price will expose more shortcomings if it fails to recover to higher price levels and we have reason to believe that the short-term price action will be less than...
The most suitable trading strategy when prices are consolidating. You will build wealth quickly and your profits will be substantial. If my prediction is correct, please pick me. Your support will help more people benefit.
The below is a list of the top estimates for tomorrow according to my AI program and I have included the estimate as well as the score that my AI has assigned to each pick. The higher the score, the more confidence has in the pick. I made SNTG the default chart just because it was the first pick on the list. For those of you who have been following my posts on...
THE IDEA IS TO STAY LONG IN NEXT 3 MONTHS