This young company benefited greatly from the pandemic but like all of the some 100+ companies that had huge revenues in 2020 - 2021, it was not sustainable due to the artificial inflation of stock prices via stimulus checks. Since the stimulus was a manipulation of the monetary system and the financial markets, there is no way any firm could manage the situation....
Even though im bullish for the long term, there has been many social and economical events that indicate markets are about to be shaken.. Now the charts are telling that we are going to catch some demand orders a bit lower, any correction or impulse is in a straight line, so bear that in mind before placing your orders.
On BTC we have a bearish divergence with...
Hi Moonboyss hope your doing great .
I still believe that btc could hit 70k within a couple weeks/i am not a technical analyzer i only look to the fundamentals.
All details are in the chart.
Have a great day moonboyss.
Im still new to TA just publishing this Idea to look at it in the future, you should not take this as any kind of advice.
However I think that BTC should correct in the coming days. The blue LSMA reaching 106 is something we dont see quite often. This may indicate that the price of BTC should go lower. And seeing the Green RSI approaching the 50 on 4h candles...
Either we will see higher volatility going towards new highs in silver now or it will continue on a long term uptrend. The Biden stimulus should however have an impact and result in greater inflations and therefore mean that silver will be valued higher towards the dollar. If it doesn't, then silver isn't connected to fiat and geopolitics and therefore broken and...
What would you do?
There seems to be heavy resistance at 18.50 and no real exciting support until 16.50.
The previous stimulus checks don't seem to have really moved the price of gold. Where's the inflation?
Normalized by DXY:
Contract - CME_MINI:MNQH2021
- High - 12864.25
- Low - 12843.00
Current Stats
- Gap: = N/A
- Session Open ATR: 175.40
- Volume: 20k
- Trend Grade: Bullish
Key Levels (Rounded - Think of these as a range)
- Long: 13337
- Short: 10650
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target...
Contract - CME_MINI:MNQH2021
- High - 12783.50
- Low - 12725.00
Current Stats
- Gap: = +0.09%
- Session Open ATR: 186.49
- Volume: 41k
- Trend Grade: Bullish
Key Levels (Rounded - Think of these as a range)
- Long: 13337
- Short: 10650
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target...
