Looks like Gold is getting very Bullish now! I pulled out to take profits but will be jumping back in.
My previous analysis was bullish update, where I posted my view that is most likely about to play out. BUT there is one CRUCIAL part and that is January close. If we cant make january close above 43,8k, 2022 will be mostly very boring year - that could be quite good for swing traders, but not so much for hodlers and moonboys, cos we will be ranging between 35k...
Coming into 2022, the sentiment is extremely bearish and of course - it can stay like that for a very long time. The problem is, context doesn't show BTC should be slowing down, so it seems probable BTC reaches extremes of its trend right now. I am also posting bearish scenario separately, but I do think this one is the likeliest outcome of all. What is crucial...
Hello friends, Having in mind my bearish bias for everything, I've noticed that GBPUSD has a big rising wedge. The wedge extreme target is the bottom of the pattern, however this is a longer term target. Breaking upwards might devalidate the pattern if we see a good volume. However, I doubt it. Thus, I am waiting for downward confirmation. Namaste!
NewsCrypto is up-trending on macro view and bullish are stepping in on that 100EMA retest, let's catch next dip! Risk/Reward= 1:2| 1:4.3 | 1:8.1 Expected Profit= +46.39% | +99.87% | +188.23% Possible Loss= -23.25% Fib. Retracement= 0.702 | 0.893 | 1.117 Estimated Gain-time= 3 months Current Price: 1.0990 Entry Zone: 1.0032 - 0.8928 Take-Profit Targets: 1)...
Dow Jones has had a very strong bullish run, we highly believe that this bull run should continue, essentially we mean that this should be a higher low and that the bull trend should continue. Technical Indications: RSI highly oversold, supporting the idea that this could be a higher low. When RSI is meets our fibs that generally signals a buy! The 13 day EMA...
Oh how nice it might be. Lovely uptrend following HL's. Break below the channel and then pop up to retest a major level of S/R. Could be a lovely short for a the long term here if CAD turns it around.
Since for the last few days we’ve seen a major trend reversal going from the bull week into a bear start of the week I started wondering when would it end, the answer wasn’t clear until today. I’ve been looking at cipher a (credit to VuManChu) for the trend reversal confirmation but it was always false ones (I’d get long signal but there wasn’t a clear trend...
Hello traders and investors! Let’s see how NIO is doing today! First, Nio is clearly in a bull trend , doing higher highs/lows , and I see no weakness signs around, but it seems it wants to correct a little. Pullbacks to the 21 ema are expected, and not to be feared. Now, let’s see the daily chart: If NIO closes above the $ 46.28 it’ll defeat another...
There's an interesting trade that we can to keep until $15 USD. For that, EOS have all chances to go back to $15 USD. At the moment, I will going to be patient until EOS make a little down to $5.60 USD approximately. In case that EOS doesn't form this chartis pattern, we are going to look the level of $6.90 USD, this will be a resistance key to watch in the next...
Hello traders and investors! Let’s see how Tesla is doing today! It seems we are working with the second scenario we discussed about last week. First, in the 1h chart, Tesla is engaged in a bull trend, as it is doing higher highs/lows , it is above the 21 ema, and it seems it founds a support there every time it drops. Tesla has some gaps (yellow squares)...
Litecoin is likely to resume bullish anytime soon after a last dip to 100EMA. Current Price= 264.60 Buy Entry = 258.04 - 242.00 Take Profit= 308.14 | 373.53 | 498.97 Stop Loss= 220.98 Risk/Reward= 1:2 | 1:4.25 | 1:8.57 Expected Profit= +46.50% | +98.80% | +199.14% Possible Loss= -23.24% Fib. Retracement= 0.786 | 1.272 | 2 Margin Leverage= 2x Estimated...
Hello traders and investors! As we discussed in our last study, last week, Tesla gathered strength by moving sideways before the breakout from our pivot point . Tesla is behaving exactly as we thought last week, doing some very good and nice movements. Let’s se in details: First, in the 1h chart, since our last analysis, Tesla accumulated a little bit more,...
Hello traders and investors! Let’s see how NIO is doing today! First, in the 1h chart, we have higher highs/lows, and the price is trading above the 21 ema, a clear trait of a short-term bull trend . In order to keep going up, it must defeat its first challenge, at $ 46.28, which is the next pivot point . We can say that NIO is inside the famous “ Trap Zone...
If we break up and it holds true to the trend it should be a 30% move. Owhoooo!
Renko chart is extremely clear on the 4h eliminating all the messy ranging moves. It was a clear buy since 26 Oct again on SEE when renko started to tick up already, today move is just the proof. Targets are still the same as originally described in my previous post. Current ABC move ends around end of 2021, by then this share will be in multiples of current SP....
Hello traders and investors! Let’s talk about NIO today! It made a scary movement today, let’s see what’s going on here. First, in the hourly chart, the trend is clearly bullish , and this didn’t change since our last analysis (link below). But NIO did something new today, it couldn’t keep above the green line at $ 43.29, and the 21 ema is flat again, for the...
According to the Kurutoga Cloud, we can see TSLA just tapped into its support zone. Will it bounce back up or break through support? Comment your thoughts! Monday is key, if it falls below it will be a start of a bear trend and fall into the high 300s. While if it continues its bull trend Monday is a great opportunity to buy.