Today we will make a Daily and a 1h analysis on Delta + the setup we will take on this asset. Daily Chart: On the daily chart, we can see a Clear support zone and a resistance zone. The price is above the support zone, and we can project a bullish movement towards the next zone (Resistance) On the 4hs chart, we will understand the setup: Here we can...
Hello! Possible Ethereum diamond pattern here. Targets are marked. RSI has already broke the resistance level like we can see from the chart. For now.. Let's hope Btc stays chill. If do take trades use stop loss. Otherwise you will get your ass burned! -Jebu
** THIS IS PURELY OUR OPINION AND WE ARE NOT LIABLE FOR YOUR TRADING DECISIONS ** Happy New Year! Looking forward to the first trading session of 2021. Let's get to it! If you've been following our analyses on TradingView, you'll know that we have been very bullish in the short-term, and that we believe we are about to experience (or in the midst of...
Has recently broken out of a wedge with internal 5-count started in early November on news of stimulus passing. A larger stimulus payment would be very bullish for $MA - likely enough to take it to & through ATH of ~$367. Below are my targets & extended targets. Entry: Either re-test of Wedge ($342) or Break above $348.21. TG1: $355 TG2: $363 Extended...
Barrick Gold -$22.88 (+0.22%) Fundamental: More stimulus is coming. especially with the 2k checks trumps demanding, that means more real inflation (fed reserves are not inflationary, stimmys are! - last stimmy cost the gov 300 Bil . This time is a higher amount, for a lower income bracket, so its reasonable to assume about the same amount ~ 300 bill...
Wow! We are in spectacular times! So... some personal insight. I am a bit of a narcissistic sociopath. I'm also a huge hearted hippy with a big perspective on the world. After the election, i proposed that it was likely that Trump would work to let the us economy crash and burn with malicious intent. His ego is the only thing he has left, after a lifetime...
Socialist US President, Donald Trump, is begging congress to hand out $2,000 to every man, woman, and child in the country. This is an extraordinary thing to witness from a so-called Republican President, who, by core party value, should be both socially, and fiscally conservative. The question I keep asking myself is this: If $2,000 is going to be better than...
Perfectly tidy midterm uptrend since the beginning of July. One-touch on October 30th, and here we go again to test that uptrend strength. But this time, we've got a 0.236 Fibonacci support acting as a safety net. Also, we can observe a rebound on that RSI's oversold lower band (30). This Sunday, Republican and Democratic party leaders announced that a deal...
** THIS IS PURELY MY OPINION AND I AM NOT LIABLE FOR YOUR TRADING DECISIONS ** Futures and pre-market showed a little bit a strength as we're opening a bit higher, but we're still underneath the major support (now resistance) red trendline. Volume will be low today due to shortened trading day and holidays, but let's see if we can at least close above the red...
** THIS IS PURELY MY OPINION AND I AM NOT LIABLE FOR YOUR TRADING DECISIONS ** Very interesting day today where even though we GOT the stimulus bill, the market did not seem satisfied. We remained under the major support (now resistance) trendline in red, which has served as support since the coronavirus low. There are 2 reasons this may have happened: (1)There...
** THIS IS PURELY MY OPINION AND I AM NOT LIABLE FOR YOUR TRADING DECISIONS With the stimulus bill all but passed, and fairly positive sentiment around existing vaccines being effective against the new coronavirus strain, I remain bullish and continue to believe we will see a blow-off top in equities in the short term. This morning during pre-market, we're seeing...
Home Alone reference. Honestly who knows where the market is heading... My guess is 374 then 351.
Silver is just starting to breakout after a few months of consolidation (wave 2). $900B Stimulus bill passed. Wave 3 just starting. Right on time when we measure the first wave (March low to August high). Wave 3 target $71-80. Could go higher. Next target is $102/103 per ounce. Eventual (wave 5) target is $600 by April 2023 if this wave pattern plays out,...
Perfect uptrend since May. Multiple tests over the past few months. 7 to be exact. Here we are now again. The last session left us with a Doji candlestick pattern just under MA50. This Sunday, Republican and Democratic party leaders announced that a deal had been reached for a new stimulus check. There are enough votes for a majority approval this Monday on...
Dont expect to see 20k price in near term...Again Stimulus talks and support will drop BTC to buy it again AT 10k -9k price LONG term in summer get ready for 30k and above !