The $MGM market has gained attention due to the hype of the Super Bowl, but don't be swayed by the noise! The charts tell us that this market is on the rise, with resistance at $50 and strong support at $44. The charts never lie, and they say that $MGM is ready to make a big play. So, what did the charts say? They said: "Hold my beer, I got this!" Join us as we...
In our last Luna analysis we predicted the rise up to $100 as our target using the first wave extension theory as the foundation of our ide as seen below Today we will be talking about our buy zones inorder to be ready to ride the 5th wave. As you can see from our fib retracement tool, We are currently trading above the 0.236 region drawn from the end of wave 2...
SoFi gained approval and started SoFi Bank operations after the end of 2021. With the Super Bowl played at SoFi Stadium they gained a lot of brand awareness. In the chart we can se a massive bullish divergence. My short term price target is the $14.15 resistance. Bank of America targets $17 for SOFI shares. Looking forward to read your opinion about it.
I still expect the Bitcoin dominance to rise further. "As always" pumps are initiated by bitcoin only first, with ETH and Alts following shortly after. I think BTC will pump very soon (within this week) Pumping the dominance up to my trendline, falling hard from there, due to an insane Altcoin season. Think this makes sense, with all the super bowl hype. Those...
SHORT Bitcoin 2018 Bear market repeat. 39500-47500 local targets SHORT Bitcoin 2018 Bear market repeat. 39500-47500 local targets
Trade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK DISCLAIMER Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in...
Although still continuing with an uptrend on the 4h chart, we now can see a clear Wyckoff Distrbution being completed for bitcoin which can be a signal for a significant upcoming drop. If this Wyckoff Distribution is confirmed with a drop within the next 24 hours, we can expect bitcoin price to go down and test support at ~39,000 mark. However, at this moment we...
Just entered Doge, will be watching it very closely to see what it does over the next couple of days. Keep in mind the Super Bowl is literally tomorrow and who knows what they will be shilling on that channel, so it's vital to stop losses and expect further bearish continuation. DYOR and have a good Saturday.
Some traders are nervous following the release of US inflation data this week. The degree to which that was priced in over the recent months is unclear. And given how severe inflation is ( inflation growing at it's fastest in 40 years), means the US Government will need to respond with a faster taper, which can be bearish for markets. Also some nerves rattled in...
There is no guarantee here, but the average increase in $BTC price over the last 7 years looks promising :) For entertainment purposes only. Fibo
Two weeks ago you had the chance to buy SOFI at the SPAC price of Dec 2020. What a round trip it made! On Sunday, Superbowl LVI is hosted on the SoFi Stadium. It looks futuristic and will drive a lot of attention to its sponsor, SoFi, the online personal finance company that paid about $625 million for a 20-year naming rights deal. My short term price target...
This stock has more than doubled since my first call: and now the American Gaming Association estimates that $7.6 billion will be spent in wagers on this year`s Super Bowl! That`s 78% higher than 2021. The record breaking year could mean a record price for MGM stock as well, now that MGM Resorts International is seeking more international exposure as well. MGM...
If you haven`t sold CRO at the top: Then you should know that it is one of the most aggressive marketing companies in the crypto space. I expect them, if not run an Super Bowl, then at least to be extremely bullish before the event and few days later. My price target is $0.58 followed by a retracement. The support and resistance play in the chart speaks for...
Wondering if Super Bowl Sunday crypto ads extravaganza is the coda sell the news event that caps off this cycle like Elon hosting SNL ethered the last run. I can imagine that SBF has forbidden Tabasco from liquidating the plebs before those expensive ads run.
What is happening here you might ask? Enormous amounts of money have been rumored to be put into crypto advertisements for the Super Bowl. In my opinion, this is going to end badly after or during the day of the Super Bowl. A lot of the time, markets will be bought into when huge news is going mainstream, then sell off when the news actually happens. We...
Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼♂️ As highlighted on the chart, we have bnb in an ascending triangle. Price reversed on the third support zone on the trendline and it’s heading towards my target at $640. What do you think? Share your opinion in the comment section✍️ Follow me to receive more updates on...
A Well Respected channel clearly in a continued uptrend, I anticipate a pullback to the given support in the chart before a continuation to the upside . Ensure to plan your trade , Entry , Exit , and SL ...and dont get greedy ...take profits on the way up ....Thanks For stopping by . ..Appreciate the support , show your appreciation with a Like/Follow and...