Last weekend Bitcoin broke above 58k which was the top for February and made a new all time high. However, the bulls faced a set back as Bitcoin slipped back below 58k. However, Bitcoin resiliently stayed above 58k on Friday while Nasdaq had its worse day in two weeks. This is quite important since Bitcoin has had a positive correlation with Nasdaq and Tesla. This...
So here are some of the conditions that should be met before a double top (trend reversal) is actually confirmed. Of course many other aspects also need to be considered but the few shown in chart above might helps some of you decide when needed. This chart is not meant as financial advise. If you trade, trade safe and by safe I don't mean wearing security...
Good buy point is 6.7 and Dao is set up to go to at least 11.0 USD if not 14 or 15. I saw this breakout happening and then confirmed with another investors idea. All the trends are lining up for it. Don't miss out on this one. Dao to the moon.. ^.^
Gold is really about the US Dollar strength. I've shown the inverse correlation in other charts before, but not on this 15 min time frame. The relationship is startling. So - if you believe the dollar is going to go significantly north, there is hardly any point going long on Gold. If you believe that a Dollar Surprise is coming (see my post on that), then...
Cup & Handle along with a falling wedge. Not financial advice, I am not a financial advisor
NIO looking to break this resistance wall. Not financial advice, I am not a financial advisor.
If you took a short position or locked in profits around the 1850 mark congrats, we called that almost to the minute. Please keep up with our posts and make sure you share this information with fellow traders as we put out more information regarding daily and long term price action. This is all trend analysis and not trading advice, please use your own judgement...
hello everyone sell silver on 68600 target is 67000 1600 points gain chance in swing trading target arrive in 3 to 5 days
I'm analyzing the market charts and predict a market trend
You need to correct a bit to get new investors in before riding another Bull Year if you would.
After coming out of arguably the most beautiful bull flag I have ever seen, we have had quite a nice run and a nice additional push by the man Elon Musk himself. I fear we are going to pull back quite a bit here, possibly 20-25% with a bottom somewhere around 42k. This will probably drag down most of the other coins as well medium term. With the bond yields taking...
THIS IS NOT AN INVESTMENT PROPOSAL. My personal opinion. If you find this useful and want more guesses. don't forget to follow. Press the Like button. Leave your feedback to us in the comments section! Thank you very much for your support. Let us know how you see this opportunity and forecast in the comments.
I seen what happened at $95, the FDA response, and how people responded to lockup expiration + the secondary offering. People reacted quickly, things got tense, and now the storm will soon calm. The point is, it very recently hit a new high, and a new high will happen likely really soon. Once $115 passes, my new target is $200. I believe this is feasible if single...
We are still in an uptrend. However, if we fall below the first support line then we could see it fall to $37.35 then bounce off the strong trend line for another try up. Plan A: I chose to use a Pennant style pattern here(Cyan Color) So if the stock moves above the top of the pennant then we should see a breakout. The top of the channel is $48.00 so it is...
Gold/TLT trends point toward a potential top on 01 July '24, good coincidence with DXY pennant, currently broken down. I may post some smaller timeframe updates over the coming weeks. What does this chart say to you? Should I do Silver/TLT next?
As in technical analysis Ethereum chart shows it may correct to $1700 or will make a low of $1679, or will consolidate to the present price range till it get strong for the next run, the short term target would be $1985 as $2000 will act as a strong resistance, it may touch the level or can reverse back so for a safe trade just wait for PRICE ACTION AND get ready...
Rentered as SL was tight Looking for a drop of 45 pip TP SL still tight at 7 pips