No real-world fundamentals to consider at the moment with Apple, as strong as a Bull. Evs don't seem to be playing such a big role. However, could change on news.
*Not financial advice just an idea* Following on from our previous analysis (Dec. 28, 20) We're now nearing a major resistance test and pivot point. I've set two targets based at ~1% and ~2% with a target to average out over this range. GBP/USD is now also following the oversold RSI band very closely, increasing the likeliness of a pullback.
GBP/USD looks set to rocket, with more stimulus expected within the United States and a Brexit deal being reached. The timing looks perfect for Sterling to head towards the MAJOR resistance level.
No real-world fundamentals to consider at the moment with Apple, as strong as a Bull. Evs don't seem to be playing such a big role. However, could change on news.
*Just an idea, not financial advice* It seems $BTC has been almost impossible to predict recently. However, if we connect the dots with the previous ATH. ~61% Biggest daily increase ~47% Biggest decrease 5d ~65% Rebound over 15d ~65% Decrease over 30d ~20% Biggest daily increase ~30% Biggest decrease ~42% Rebound over 15d ~?_?% Decrease over 30d
*Not financial advice, just an idea* $AMD now sits at a key pivot point. ~$94.26 resistance has been tested 4 times previously, failing each time to create a new major support level. However, earnings are to be announced after the market closes today. With $AMD having favor amongst analysts, a strong earnings report is expected. This means resistance 1 is...
*Not financial advice, just an idea* ~$33600 unlikely to break <~$30,000 increasingly more likely A substantial drop at the next pivot point(3). The next support level is very slim ~$27400 failure to hold will increase the volatility and potential open the way for a correction greater than ~20%. Bitcoin doesn't like February - March.
*Just an idea, not financial advice* The chart speaks for itself, this is a friendly trade as dividends are paid. S1 = Support R1 = Resitance Yellow box = Buy zone White line = Trend line
$AAPL sits perfectly on support, MACD below 0 and wide. Earnings to be announced on the 27th. Potential to break ~$131.50 support.
Bitcoin could not break the major resistance level at ~$41,600 support was made at ~$32,000 A bullish reversal was experienced and major resistance has now shifted towards ~$40,100 this time a bearish downtrend is likely to occur unless MAJOR resistance at ~$40,100 can be broken otherwise, a test of support at ~$30,000 is likely
From our previous analysis bitcoin decided to take the blast off approach, and now sits in unknown territory (historically). Candlesticks are beginning to become extremely volatile in recent weeks, this could mean a top is near and a substantial downturn is around the corner. However, bitcoin is currently being used as a hedge against fiat downturn and precious...
Two scenarios. (1). Bitcoin follows previous trends and tests the resistance 1,2,3, and 4 times. Then either consolidating or blasting off the all-time high. (2). The double top has formed, we will dive and test $14,000 support. Potentially breaking the support level fast.
Going into monday trading $COTY again looks like the perfect long. Oversold, 0 on RSI. Sharp bounce expected very soon.
$BTC major daily trendline looks set to break very soon, possibly < 1 week. Potentially a huge short opportunity. C-D must be completed. Two possible buy zones in the near future sit between $8000 - $6000.
Bullish harami candlestick pattern, SAR parabolic confirmation, RSI repetition. Major trendline @$4.35 - $4.30, massive potential for a break on Thursday if earnings are at or above expectation.
Looking into monday trading, Sar confirmed parabolic uptrend at the end of Fridays session, RSI almost identical to last uptrend. Potential long entry for Monday. Just an idea, not financial advice.
Stop loss activated, can confirm $4.50 was the tip of an XABC. D is yet to be confirmed. $3.985 resistance was broken. $COTY is now trading in no mans land. Will wait for confirmation of a long position. The chart drawn shows a potential outcome. *Not financial advice, just an idea.