Chart-analysis
BTCUSD price will consolidate in the $41,000-46,000 range
With the BTCUSD price consolidating sideways, I think it is appropriate to use a range-bound oscillating trading strategy.
BTC USDT LIVE CHART ANALYSISIf Price Corssed the Local Support line and hits major Support then it bounce back to high you can buy this livel
will there be a slight correction.A bit of airing out some consolidation and bears might take a couple of week this September. The winning streak belongs to the bulls as this upward channel play out a much tolerance to the previous ATH at 64K price. then next resistance might be hovering between 75 to 85k. Well, it a wise to stay DCA'ed and stick to you plan and trade your plan.
XAU/USD - CHART ANALYSIS - NFP ! The gold market still has a path to $2,000 in the second half of the year as the precious metal is undervalued in a world awash with liquidity, according to the latest research from Bloomberg Intelligence (BI).
In a report published Wednesday, Mike McGlone, senior commodity strategist at BI, said that within the metals complex, gold appears to have the most potential when compared to other assets like copper and aluminum.
"Copper and aluminum are reaching upper range price caps, but we see gold as a discounted bull market with improving fundamental underpinnings," he said in the report. "The copper-to-gold ratio has reached the highest level in about seven years and a rare disparity vs. declining U.S. Treasury bond yields, which we expect will be resolved by a resumption of the precious metal outperforming the industrial.
Looking at aluminum, McGlone said that tightening supply and demand fundamentals are helping to push prices to $3,000 per tonne; however, similar to copper's run to $10,000, he added that aluminum’s rally appears to be unstable. He said that the industrial metal complex faces some challenging near-term hurdles.
"Supply elasticity is proving strong for copper, indicating headwinds for the industrial-metal sector, but ESG, electrification and decarbonization trends should maintain the group's upper hand vs. most other commodities, with the exception of precious metals," he said. "Among the most supply-constrained commodities, gold and silver have the relative advantage heading toward the end of 2021 of having experienced sharp corrections within more enduring bull markets, as we see it."
While there is plenty of bullish sentiment surging through precious metals markets, gold prices continue to struggle to find consistent momentum. The precious metal is holding support above $1,800 an ounce, but it has been unable to push above $1,820 an ounce. December gold futures last traded at $1,810.80 an ounce, down 0.29% on the day.
Btc/Eur random analisys from a newbie :) Check it outWhat do you Think ? Any ideas i could use more for analysis would be great to know :)) (Please comment below)
Thanks.
Gold longterm trade with maximum gain rr. 1;5i am watching A BIG REVERSAL ZONE WITH 85% WINING RATE PATTERN.
MY TECHNICAL ANALYSIS ON BITCOIN :My Technical Analysis on BITCOIN.
A cryptocurrency, crypto-currency, or crypto is a binary data designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.
Potential wedge breakout from here (4H)There is a good chance that NZDUSD can be making its 4HR higher low from here after a fakeout to the downside. Let's see if buyers can step in and create that and potentially break this ongoing downtrend.
Beyond Meat Descending TriangleI originally bought BYND @ $112 a few weeks ago. Since then, it peaked @ $160 amid news of recent hire Phil Hardin to CFO. Hardin was considered a "veteran" at Amazon where he previously worked as a VP of Finance. I'm waiting to confirm this pattern. If it hits $150 before the end of October, I will sell. I will then buy back in where the triangle forms around $117.
ETH H&S *Update*Looks like we are flat-lining and moving sideways right above the accumulation zone I mentioned before. If we break into that zone it's bad news. If we can stay above and get a nice pump going we're chilling. Still no bull-confirmation so I do not recommend purchasing any until we go up properly.
Technical Analysis Isn't Always RightThis has helped me learn that technical analysis isn't always right. I was seeing a head and shoulders pattern, added my graphics, and waited. I expected the head and shoulders pattern to lead to a downward movement, but instead, an upward push ensued.
I also placed my first ever paper trades after making an analysis. This was a great learning experience and I'm ready to try to analyze what may happen next.
$PLUG June Analysis *This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team got into $PLUG Tuesday evening at $30.75 per share. The stock now sits at $30.28 after correcting from its previous high of $75.49. $PLUG is a hydrogen energy company towering its industry. We have good reason to believe that $PLUG will beat its earnings tomorrow. After down trending more than HALF from it's all-time high stockholders should expect $PLUG to uptrend throughout June.
Earnings are expected to be announced tomorrow. 6/03/21
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Reflect on 1H Support In short, the price may reflect of the 1H demand line.
Please allow confirmation candle in 5 or 15 mins before entering the trade.
No more than 0.5% risk per trade, control risk management very strictly.
MRNA & end of the bulls?MRNA has had a few wild weeks going up from $120 to $170.
I believe this could be the end of the bullishness and it may do a correction.
Why do I believe this could happen?
MRNA hit historic resistance of $170, after hitting that mark it began dropping. This resistance seems like it can hold.
RSI is bounced off the 70 mark on the daily chart.
RSI is overbought on the 4HR chart
EMA's are beginning to cross over on the hour charts.
This could be a tiny correction and just bounce off $160 before continuing its path to $200 so I would keep a close eye on the stock.
What I am looking for right now is:
1st support - $160
2nd support - $139_$145
3rd support - $120
At this point MRNA going back down to $100 or even lower seems incredibly unlikely.
Moderna's earnings arent too far away so that could act as a catalyzer that will continue the growth.
In short I believe that MRNA could have hit the resistance and it will either go down to the listed supports or if it stays in these levels then it will most likely stay like this till earnings come which will tell what direction it is going to go from here.
Please comment down your ideas and thoughts on this, I would appreciate any criticism you may have on the charts and analysis, and looking forward to your comments!
I am not a financial advisor, these are my personal ideas an thoughts please do your own research before buying a stock.
Don't fomo into MRNA...yetMRNA made a huge leap on Friday going front $133 to $144.
I believe MRNA will resume bullishnes as long as the market remains stable and bullish BUT, MRNA could drop to around $135 before continuing to go up.
It still has a way to go on the RSI indicator and EMA's still haven't passed over. If MRNA exists the channel be ready for more mooning to come.
Disclaimer: I am not a financial advisor and this is purely my opinion and thought about this stock, do your own research before going into MRNA.
MRNA formed a double bottomModerna seems to have made a double bottom, this could indicate some bullishness coming in and if it passes the previous resistance of around $135.50 then the next resistance comes at $145 so there is quite a way to go back up!
