Analys
Alphabet Inc (Google) Class AWeekly chart in logarithmic scale.
Friend indicator @Julien_Eche
1. Overall Trend:
- The chart shows a long-term bullish trend for Google's (GOOGL) stock. The share price has seen steady progression from 2009 to 2024.
2. Trading Channel:
- A well-defined trading channel can be identified, with parallel trendlines that establish the range of fluctuations in the long run.
- The price moves within this channel, with regular bounces off the support and resistance lines.
3. Consolidation Phases:
- Some consolidation phases are observed, where the price has seen lateral movements, such as in 2011-2012 and 2018-2019, before resuming the uptrend.
4. Upside Potential:
- Currently, the price seems to be near the upper limit of the channel, suggesting limited upside potential in the short term.
- However, the trading channel implies the possibility of continued long-term bullish trend, if the price can decisively break above this current resistance level.
In summary, the chart displays a long-term bullish trend for Google's stock, with a well-established trading channel that frames the price fluctuations. This suggests further upside potential, provided the price can overcome the current resistance.
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XAU/USD 18.09.2023 week analys FOREXCOM:XAUUSD
Hello traders,
For this week, my expectations are as follows: I anticipate some initial bearish momentum, potentially leading to a price range between 1912 and 1905. During this phase, I might consider trading retest sell positions.
Following this, I'm looking for a significant bullish move to the upside, with the potential to reach around 1928. My entry points for long trades would be either at the trendline with support around 1905 or at the 68% Fibonacci level with minor support. My take profit target would be set around 1928.
As always, it's crucial to analyze the Dollar chart before entering trades and stay alert for any relevant news events that might impact the market. Tailor your trading strategy to incorporate both technical and fundamental factors for a well-rounded approach.
Bitcoin future 72K $ !?According to my future outlook, I expect Bitcoin to break the price of $50,640 in the next two months. I think it will be in May. I think 05/17/23. If it breaks it, it will continue to rise until November and December in 2022. It will touch $72,000 for the first time, after which it will reverse downward for about two years on 11/11. 2024 or 12/2024 in order to descend to 50640 and reverse its rise, perhaps its direction will be towards 90,000 dollars, so I advise that you take advantage of this period to invest your money in Bitcoin, especially when it touches the 39,320 dollars that I have already referred to.
BAKEUSDT - POTENTIAL LONG. RISK/PROFIT:1/10We have a double bottom on this coin. Waiting for a reversal to long. Bitcoin Dominance Indicates Altcoin Rise. The altcoin season is waiting for us soon. This coin has a strong fundamental.
Coin:BAKEUSDT
🚪Long entry: 2.051, 2.023, 1.993
✅ Target of fixation: 2.2, 2.5, 3
⛔️ Stop fixing above 1.930 of the next 4-hour candle
⚠️ Maximum allowable leverage: 5
❗️ Risk/Profit: 1/10
simple but effective BNBP/USDTHERE is one of the best and simple technical analyst with trend line. as you see in the chart BNBP looks bullish. there is a full analysis of the Chart But I just show you the Concept and there is more on the way . If you want to trade this Position Please consider RISK MANAGEMENT.
SNX to 10.387Hello Guys,
SNS wrote off 81% from 15th December. Since that day snx had the same volume as the day before when BTC hits ALL TIME HIGH.
SNX have been at this place with the strong support volume on days about 15th December.
When BTC going up to 38850 - SNX probably hit target around 10.389
short position - will it close or not?Now I do not understand which patterns and charts should be traded. Since I entered a short position, only because the price was at the border of this triangle. and everything, absolutely everything spoke about the reduction of this TF. but how to say - the price just "skyrocketed".
This position has not yet been closed, but with such a trade it can be closed quickly)))))
Why did I enter a short position
1) We had a descending triangle , which at 89% is always punched to the bottom (we hit just 11%)
2) we had a rising channel , which is also impulsively broken down, if there is no volume , and the price is growing
3) sales were overweight, even this growth is a complete deception
4) FOR almost 4 years of my trading, I see such a trade for the first time, because rsi - 84% on the monthly TF.
For all indicators, overbought, only BITCOIN GREEDE is 93% which indicates growth)))))
Growth without any correction to certain values (returns) Not working out the levels, the Order Book flies as if it were not there. The number of longs, uncovered gaps, Breakout of all levels without a 25-30% correction, and much more ...
I am very interested in how much the price will still rise, and what will happen next, I am very interested in the result of this growth, since this is the first time in my life)))))))
I close this deal from the same price of 23830, because I need to rest and gain strength, review the market, and evaluate what is happening in a different way!