Gold regaining uptrendthe gold market this year has essentially only seen upside. since all time highs theres been a run on available contracts during a contraction that has ended suddenly.
it appears that todays rally has been sustained, and the uptrend in futures has all but resumed according to a credit liquidity crunch and bear dollar environment.
according to tv alerts, forex and gold strategies the risk/reward for gold is long on multiple time frames up to 4hrs.
Bullishmomentum
SHIBUSD need to rest LONG again laterShiba Inu has pushed quite hard. I can only think of sled dogs ona long marathon push over a
sun prepared snow trail. The ride might be frictionless but nonetheless grueling and perhaps
time for a rest. The chart shows the breakout and then extension above the VWAP lines that
are trying to catch up. In proper risk management. I will take half the position off here and
have it ready to add at least part of it back if the rest is a stable consolidation in the upcoming
day.
NEAR ANALYSIS🔴 #NEAR Analysis : ❓❓
🔮There is a formation of "Bullish Pennant Pattern" in #NEAR in 4hr time frame. We can expect around 25% bullish move if the price closes above the 7.400📈📈
🔰 Current Price: $7.087
🎯 Target Price: $9.034
⚡️What to do ?
👀Keep an eye on #NEAR price action. We can trade according to the chart and make some profits. ⚡️⚡️
#NEAR #Cryptocurrency #Breakout #DYOR
ETH ANALYSIS🔮 #ETH Analysis 🚀🚀
💸💸 #ETH is trading around it's demand zone from where we have seen a bullish move many times. If #ETH shows any bullish candle and closes above $3350 then we will see again a bullish move.
📌Current Price -- $3313
🔰Target Price -- $3960
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ETH #Cryptocurrency #DYOR
XAUUSD PENDING PULLBACK for another rally? (buys from 22000Currently, I'm not favoring gold due to its lack of healthy price action characterized by abrupt bullish momentum without significant pullbacks. This has resulted in the creation of numerous Asian lows and imbalances below that need to be filled. Consequently, I'll wait for price to retreat and potentially reach a demand zone to sustain its strongly bullish trend.
If price consolidates and experiences a downward break, I anticipate the formation of a new supply zone, providing an opportunity to sell toward a demand zone. However, I'm keen to observe how price behaves throughout the week given gold's erratic movements.
- Gold has been moving very bullish on the lower and higher time frames.
- Lots of imbalances left below as well as multiple untaken Asia lows.
- Price took ATH's and candle stick anatomy is strongly bullish.
- Demand zones have been left around 22000 and below so potential rally from there.
P.S. With NFP scheduled for this Friday, I'm keen to observe its impact as it could significantly influence gold's direction. There's a possibility of a decline, which could fill the imbalances below and reach a demand zone, but we'll have to wait and see.
Have a great trading week guys!
INJ ANALYSIS🔮 #INJ Analysis 💰💰
🌟🚀 As we can see that #INJ is trading in a Falling Channel Pattern in 1hr time frame. Currently #INJ is trading above its major support area. Broken out of falling channel could lead to a bullish rally📈📈
🔖Current Price --- $37.96
🎯Target Price -----$43.11
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #INJ . 🚀💸
#INJ #Cryptocurrency #DYOR
MNY a penny stock from Asia catching some buying volume LONGMNY is a penny stock from Singapore on NASDAQ. With its volume and volatility spiking and a
90 % jump in the past month. It got my attention. For penny stocks and NASDAQ requirements,
getting over $ 1.00 is important for several reasons. MNY did it well. I will take a small position
in this risky play expecting a great return over the near and intermediate term. If you like
PYPL SQ or SOFI but need something with some better volatility to get try to capture
some quicker profits this might fit your need.
SAND ANALYSIS🚀#SAND Analysis :
🔮As we can see in the chart of #SAND that there is a formation of Descending Channel Pattern. #SAND breaks descending channel recently.....currently retesting the zone. Incase of successful retest.....we can expect 2-3x bullish wave in coming weeks📈📈
🔰Current Price: $0.6084
🎯 Target Price: $0.8588
⚡️What to do ?
👀Keep an eye on #SAND price action. We can trade according to the chart and make some profits⚡️⚡️
#SAND #Cryptocurrency #TechnicalAnalysis #DYOR
Paving the Future of Growth and Innovation in Heavy MachineryNYSE:CAT Has broken a previous resistance at $285 and looking to make new all time highs. From here we are going into uncharted territories but targeting $345 #Bullish
NYSE:CAT will continue to be a strong performer as it is well aligned with key global trends favoring infrastructure development and economic recovery. With governments worldwide allocating substantial budgets to construction and mining projects, Caterpillar stands to gain significantly as a leading provider of heavy machinery. As the global economy rebounds from the COVID-19 pandemic, the demand for Caterpillar's diverse range of construction and mining equipment is poised to rise.
Caterpillar's strong position in the mining industry boom, coupled with its history of returning value to shareholders through dividends and buybacks, makes it an attractive investment for those seeking exposure to the industrial and construction sectors.
Lyft-ing Off: Why $LYFT is Poised for a Bullish Future
NASDAQ:LYFT has retested the $12 major support level and has a huge bullish momentum. The stock highly undervalued at this price and due for a major upside.
First off, let's talk about the elephant in the room: the pandemic. While it's been a wild ride for ride-sharing companies, Lyft has shown resilience and adaptability. They've implemented safety measures and expanded their offerings, which has helped them weather the storm. As the world continues to recover and people start moving around more, Lyft could be in a prime position to capitalize on the pent-up demand for travel and transportation.
Secondly, Lyft has been making strides in the autonomous vehicle space. They've partnered with some big names in the industry and have been testing their self-driving cars in various cities. If they can successfully integrate this technology into their platform, it could give them a competitive edge and potentially drive down costs in the long run.
Lastly, let's not forget about the power of the gig economy. As more people look for flexible work options, the pool of potential drivers for Lyft grows. This could help them maintain a strong supply of drivers and keep customers happy with shorter wait times and more reliable service.
As a major competitor for UBER, Lyft is highly undervalued at this price and looking to make some major moves to the upside.
SHOP - Back to bullish after correction - BullishNYSE:SHOP
-Positive trend and following trendlines
-Exceptions on Octobers (different low trendline)
-Just did a correction and filled a vector
-Already hit the 50EMA in the daily timeframe, and very close to hitting the 800EMA in the hourly timeframe
-A huge gap ~85.5 to be filled, and possible higher targets
-Stop loss slightly lower than ~70 (as it means it broke the strong support)
The fun part with this trade is low risk (only ~4% loss with possibly ~18% profit)
*Not Financial Advice*
IS UBER ready for continuation LONGUBER fell a little after good earnings. Apparently traders where disappointed. It then rallied
for three days to close out the week. The following week it retraced the rally for 2-3 days
and then consolidated for a week with a re-awakening of bullish momentum in the past prior
trading day. From here, I believe that UBER is ready for potential push to an ATH and gain
buying pressure along that way perhaps accelerated by short sellers liquidating their positions.
I will take a long trade here of both shares and call options.
Wanna Buy Some $MINA ? BUY IT HERE !HI Guys !
If you, like me, are optimistic about this Wonderful BINANCE:MINAUSDT and believe in its very high potential , then assuming that the current upward trend in the market is maintained , I think that this sudden price movement will need a short-term break , in which case it is a low-risk buying point . Ter suggests to us that it is specified in the picture.
If the price breaks the specified gray area with momentum , then the low-risk buying point will be after the price hits the specified gray level again .
LABU a 3X leveraged ETF of biotechnology stocks LONGLABU on a 240-minute chart has been in a trend up gaining 100% in 3 months. Both the fast and
slow ( green and red) are above the 50 level. Biotechnology is expected to be a hot subsector
this year as healthcare recovered further from the COVID pandemic anything from startups to
big pharma- from vaccines to new drugs for diabetes, liver disease and obesity. Leveraged
funds have time decay from the leveraging and management fees and are meant to be for
short-term trading. Nonetheless, 100% in 3 months is an excellent return. I add to my position
when I see a pullback on the 15-30 minute chart. If price rises more than 2% in a day I may
take 1-2 shares off the position to realize some profit and recycle ( compound) into the next
buy. According to those that follow sectors, LABU should outperform this year.
ATH, growth curves AND when to buy, when to sellWe are on the way to seeing another ATH, There will be a pullback before we get there, Big picture, I'm long. BTC has potential to hit 500k.
I will be posting my predictions on shorter timeframes and reacting to the market conditions by adding to this post
VET ANALYSIS (BREAKOUT)🔮 #VET Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Symmetrical Triangle Pattern in #VET and trying to retests the level. It's a 4D time frame breakout and we will see more higher price in long-term. If the price perfectly retest the major resistance area then there will be a confirmation of bullish movement in #VET 📈📈
💸Current Price -- $0.04550
📈Target Price -- $0.08494
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#VET #Cryptocurrency #Breakout #DYOR
Small trade opportunity in ALLSECSmall trade opportunity in ALLSEC. As the market is highly volatile. Make sure to have the correct stop loss as the trade might get reversed immediately.
Target 1: 950
Stoploss: 820
Happy Trading!