Forcast
eurgbp Hello. everyone if you like the idea, do not forget to support with like and follow , eurgbp still bear trend so we can see if market break the trendline major trendline and create rejection then we can open the selling position if market break the residence trendline and retest second key level then we will place selling order wait and patience we will take long term position and hold trade with mange trade for multiple trades this trend , thank you
How Bitcoin will move in the coming days (Update)
As I said in the previous analysis, Bitcoin needed to touch the 38,000 to 40,000 price range to continue growing. We are in this price range now. I expect bitcoin growth to start after the last 5%-10% correction. The first target will be the price of 50,500
Disclaimer!
The content of this post is for educational purposes only and is not a buy or sale offer in any way. You can use its information to prepare your trading plan. But you have to do your own research. Trading is risky and requires experience and is not suitable for everyone. Only you can be responsible for your trading.
MATIC soon to hit 2$,Head and ShouldersHello everyone, as we all know the market action discounts everything :)
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Matic (Polygon) Has been building momentum while other coins were gaining a lot, but yesterday when the other coins started a negative move, Matic started his strong Bullish movement and rose over 24% in 1 day.
The market seems to be trending in an ascending with the market getting higher highs and higher lows. And the Head and Shoulders pattern is confirming right now but we are waiting to see if it's a fake breakout.
Different Market movement Scenarios :
Scenario 1 :
Matic is getting closer to the first resistance line at 1.83866, If the market was able to breakout that line then it will have enough power to break the second line at 1.93733 and from there it will be headed near the major resistance zone at 2.13366 where the big battle will happen between the Bears and Bulls and the outcome will determine the movement of the market for the next period of time.
Scenario 2 :
If the Bears were to take control over the market right now then we will see the market drop down all the way to the first support line at 1.54366 where the Bears power will be tested by the Bulls and the Bulls will try to take control over the market in hope if pushing the market back up. But if they fail then the Bears will be dropping the price near the lower end of the Ascending Channel at 1.34733.
Technical indicators show:
The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish sign)
The MACD is above the 0 line showing that the market is in a Bullish state, With a positive crossover between the MACD line and the Singla line.
The ADX is at 21.52 showing that the market is trending, With a positive crossover between DI+(26.13) and DI-(11.11)
Support & Resistance points :
Support/Resistance
1) 1.54366 1) 1.83866
2) 1.34733 2) 1.93733
3) 1.24866 3) 2.13366
Fundamental point of view :
Polygon's MATIC token is building momentum and could enter a 62% bull rally.
Polygon is showing an impressive optimistic outlook. The scaling solution’s MATIC token appears to have developed a head-and-shoulders pattern on its daily chart since early June. The token is currently forming the right shoulder of the bullish formation. A spike in buying pressure that pushes MATIC above the head-and-shoulders’ neckline could lead to a significant run-up. Slicing through the $1.63 resistance level could mark the beginning of a new uptrend towards $2.64.
Although Polygon is yet to overcome the overhead resistance, behavior analytics platform Santiment reveals that large investors are preparing for prices to advance further.
The holders distribution chart shows that buy orders have been increasing over the last two weeks. Many addresses holding millions of dollars in MATIC, colloquially known as “whales,” have drastically increased their positions. According to Crypto Briefing
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
How Bitcoin will move in the coming daysI believe that Bitcoin needs to touch the $ 38,000 to $ 40 ,000 price range once again to continue its rise.
Disclaimer!
The content of this post is for educational purposes only and is not a buy or sale offer in any way. You can use its information to prepare your trading plan. But you have to do your own research. Trading is risky and requires experience and is not suitable for everyone. Only you can be responsible for your trading.
BULLS or BEARS ?!Hello Dear Friends
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First things first: BTC Broke it's downward channel after about 8% correction from 48K to 44K which I think it's enough for moving higher!
Second things second: Yellow lines shows my favorite scenario that when ever BTC squeeze before LIQ. AREAS it breaks it and hunt SELL SLs so after that we can see more pumps.
Last things last: It's obvious that inside an elevator we have both UP/DOWN keys so, blue arrows shows that if BTC doesn't squeeze before red areas and rejected by them (LIKE What we see at 48K) we will reach 46K again!
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TRADE WISELY AND BE SAFE ❤️
CQT, a GOOD CUP needs a GOOD HANDLE!as you can see the cup-handle pattern is being shaped!
1. if BTC holds the 47200 in daily time the CQT rocket will launch once again!
2. if BTC Keeps correcting its upward move to 45500 then CQT can sees 1.4$ again! best place to buy!
take care and trade wisely.
AMC 1W analysis 07/07/21Hello everyone , as we all know the market action discounts everything :) the market showing great strength and reaching 53.52 after dropping from 61.77 in the past 2 weeks , no signs of any reversal yet the stock price is still going in an uptrend and we can tell that by looking at the indicators where we can see that the stock price is moving above the moving average ( bullish sign), the RSI at 75.44 very strong bullish movement and ADX hitting 71.39 showing us that the market is strongly trending . we could be seeing a small pull back in the next week but then the stock most likely is gonna continue moving up .
Fundamental analysis :
AMC Entertainment on Monday said it was dropping plans to have shareholders vote to approve the issuance of 25 million new shares. That vote was scheduled to take place at the company’s annual meeting on July 29. The plan apparently drew enough vocal opposition from the company’s new base of mostly individual investors to cause the about-face; Chief Executive Adam Aron described the feedback as “many yes, many no” in a tweet Monday morning. “AMC does not want to proceed with such a split,” he added.
The news sent AMC’s stock price soaring by over 5% at Tuesday’s pre-trading session. However, the stock has consolidated, and it is up by 1.9% over the past 24 hours. At this time of this report, AMC is trading above $53 per share.
AMC is one of the best-performing stocks so far this year. Similar to GameStop last year, AMC has been caught up in a trading frenzy amongst retail traders that leverage Reddit to boost their stock picks.
So far, AMC’s stock price is up by 2,350% year to date, causing the company’s market cap to rally past $26 billion. AMC was planning to issue more stocks and raise money to enable it to undertake potential acquisitions. The company had intended to acquire ArcLight and Pacific theater locations that underperformed during the pandemic. AMC also said the extra funds would be allocated to pay down debt, reduce interest costs, or pay off millions in unpaid rent.
AMC has been using stock sales in recent months to raise fresh capital. According to the company, without the additional funds, it would have gone bankrupt by now.
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This is my personal opinion and not financial advice.
If you have any questions please ask
Thank you for reading.
USD/CHFWith the strong bullish move created from the 0.89875 level we notice that the market has reached an interesting high playing around the new resistance zone of 0.92155 and 0.92262 only for our time frame now in recent news looking at the bat pattern we have an indication of a potential buy from the level of 0.91730 what convinces us more of this potential buying position is market having created a somewhat strong support zone indicates it in blue.
All in all if the market managers to create a short term bearish move to this level I would call a buy position
The beginning of a very big uptrend , BTCUSDPlease note the peaks in the RSI indicator and the peaks in the price chart at the same time. Is it time to break the downtrend line drawn on the RSI?
With the breaking of this important line, more buyers are expected to take action and a new uptrend will take shape
Bitcoin short-term forecast. Altcoins seasonBitcoin short-term forecast
Bitcoin is in a Descending channel as well as a Falling Wedge pattern.
I think the bitcoin trend is coming out of the downtrend pattern in the next few days, but it will have a slow uptrend and, as you can see, it is involved in a lot of resistance and support, and it will take some time for it to start its strong uptrend again. .
But due to the slow uptrend of bitcoins, altcoins will pump.
Welcome to the Altcoins season.
EURUSD Market Analysis - Opened TradeEURUSD - 28/5/2021
There is currently Bullish trend and the traget price 1.24647. (It will be also below this price) .
I will update continuously.Stay with me for more analysis.
Techniques :
Support & Resistance
Supply and Demand Areas
Trend Lines and Trend Channels
USDCAD Monthly Market Analysis USDCAD - 26/05/2021
This is Monthly Market Analysis for pair of USDCAD forex currency.
There is currently bearish trend and it will be continued for 1 or 2 month. I hope that after 1 or 2 month it will be a bull trend.
I will update continuously
Techniques :
Support & Resistance
Supply and Demand Areas
Trend Lines and Trend Channels
A Horrifying Good News!The good news is that if 48K support area cant hold, we may see 39K area, even for a short period of time or as a wick. But i think it may take several days. BUT!!! It will be beginning of an even better period for crypto and we will see best of it in coming times.
48k BTC (or even better, 39k BTC!) here we come...