SILVER ( TRYING TO RETEST A TURNING LEVEL (1) ) (4H)XAGUSD
HELLO TRADERS
Tendency , the price is under bearish pressure , after breakout channel .
TURNING LEVEL (1) : the price of this level at 28.20 , so if the price breaking this level reach a resistance level (1) .
TURNING LEVEL (2) : the price of this level at 27.29 , so if the price breaking this level reach a support level (1) .
RESISTANCE LEVEL (1) : this level around 29.33 , for reach this resistance level the price need breaking a turning level (1) .
RESISTANCE LEVEL (2) : around 30.48, for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)
SUPPORT LEVEL (1) : this level around 26.43, for reach this support level the price need breaking a turning level (2) .
SUPPORT LEVEL (2) : support level at 25.23 , for reach this level will be breaking by open 4h candle below support level (1) .
CORRECTIVE LEVEL : currently price 27.80 , have two scenario , first corrective 28.20 before dropping to touch a 27.29 , then26.43 , second corrective 27.29 to reach a 28.20, then breaking this level reach a resistance level (1).
TARGET LEVEL :
RESISTANCE LEVEL : 29.33, 30.48 .
SUPPORT LEVEL : 26.43 , 25.23 .
Foundamental
NAS100USD ( INSIDE DEMAND ZONE ) (4H)NAS100USD
HELLO TRADERS
Tendency , the price inside demand zone it is a sensitive area between 19,116 & 18,776 .
TURNING LEVEL (1) : the price of this level at 19,116 , so if the price breaking this level reach a resistance level (1) .
TURNING LEVEL (2) : the price of this level at 18,776 , so if the price breaking this level reach a support level (1) .
RESISTANCE LEVEL (1) : this level around 19,526, for reach this resistance level the price need breaking a turning level (1) .
RESISTANCE LEVEL (2) : around 20,112 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)
SUPPORT LEVEL (1) : this level around 18,236 , for reach this support level the price need breaking a turning level (2) .
SUPPORT LEVEL (2) : support level at 17,811 , for reach this level will be breaking by open 4h candle below support level (1) .
CORRECTIVE LEVEL : currently price 19,060 , have two scenario , first corrective turning level (1), before dropping to touch a turning level (2) , then breaking this level reach a support level (1), second corrective turning level (2) , to reach a turning level (1) , then breaking this level reach a resistance level (1).
TARGET LEVEL :
RESISTANCE LEVEL : 19,526 , 20,112 .
SUPPORT LEVEL :18,236 , 17,811 .
NOTUSD ( INSIDE SENSITIVE AREA ) (4H)NOTUSDT
HELLO TRADER
Tendency , the price between two turning level around 0.016 & 0.013 .
TURNING LEVEL (1) : the price of this level at 0.016, so if the price breaking this level reach a resistance level (1) .
TURNING LEVEL (2) : the price of this level at 0.013 , so if the price breaking this level reach a support level (1) .
RESISTANCE LEVEL (1) : this level around 0.020 , for reach this resistance level the price need breaking a turning level (1) .
RESISTANCE LEVEL (2) : around 0.023 , for reach this level it will be breaking by open 4h , 1h candle above resistance level (1) .
SUPPORT LEVEL (1) : this level around 0.009, for reach this support level the price need breaking a turning level (2) .
SUPPORT LEVEL (2) : support level at 0.004 , for reach this level will be breaking by open 4h candle below support level (1) .
CORRECTIVE LEVEL : if the price corrective turning level (1) it is mean the price trying to reach a support level (1) , so if the price corrective a turning level (2) refers trying to reach a resistance level (1).
TARGET LEVEL :
RESISTANCE LEVEL :0.020 , 0.023 ,
SUPPORT LEVEL : 0.009 , 0.004 .
NVIDIA soars to an all-time high after Q2 earningsNVIDIA soars to an all-time high after Q2 earnings far exceed expectations
NVIDIA (NASDAQ: NVDA) shares hit new all-time highs on Thursday following the release of the company's robust Q2 earnings report, which showed a performance that far exceeded Wall Street's expectations. The tech giant's guidance for the next quarter also topped forecasts, leading to a sharp rise in the company's shares.
Q2 earnings review
NVIDIA reported record Q2 earnings, putting to rest any doubts about its continued growth trajectory. Driven primarily by strong sales in its data center and gaming segments, the company's financial results beat estimates on both the top and bottom lines.
The company's revenue for the quarter came in at $7.4 billion, representing a healthy 68% year-over-year increase. NVIDIA's adjusted earnings per share were $1.04, beating the Wall Street consensus estimate of $0.89.
Driving factors
The impressive results were primarily driven by solid growth in the company's gaming segment, fuelled by insatiable demand for graphics processing units (GPUs). As the digital revolution continues, NVIDIA's high-performance chips have become indispensable business tools worldwide.
In addition to its traditional strength in gaming, NVIDIA's data center business continues to thrive. The rise of artificial intelligence (AI), machine learning (ML), and high-performance computing (HPC) has opened new avenues of growth for NVIDIA's data center GPU solutions. In addition, the company's acquisition of Mellanox has successfully strengthened NVIDIA's position in the data center networking market.
Forward-looking guidance
The most exciting news for investors was NVIDIA's forward-looking guidance. The company forecasted Q3 revenues of approximately $7.8 billion, a staggering 50% above the Wall Street consensus of $5.2 billion. This significant increase reinforced the bullish view of the company's future growth potential.
Market reaction
Investors reacted positively to the news, with NVIDIA shares soaring. The company's robust Q2 results and favorable Q3 guidance drove the share price to an all-time high, further cementing NVIDIA's position as a powerhouse in the global technology industry.
The bottom line
Despite an uncertain economic climate, NVIDIA continues to exceed expectations with its remarkable financial results. Its stronghold in the booming gaming and data center sectors and its optimistic forward guidance underpin a compelling growth narrative. Investors will undoubtedly keep a close eye on the tech giant as it continues to innovate and grow in the fast-paced world of digital technology.
Although NVIDIA's valuations may appear stretched after its recent run-up, its strong growth prospects could justify its high market capitalization. As always, potential investors should adopt a balanced approach, recognizing both the considerable upside potential and the inherent risks associated with high-growth technology stocks.
SAITAMA is BULLISH!!!We have now reached another milestone of all time high! The event in Vegas is tomorrow evening and I couldn't be more excited about it! We have broken resistance and reached a new price range. From here i would look for a retest than a continuation up in price! Trading volume for this token is also at an all time high as new account holders are entering the Saitama community! We have several new exchange listings on the way and we are still very early in this project I do believe so holding may be the best strategy. I hope this information was helpful and I wish everyone great success on their crypto journey!
GBPUSDWe are at a crossroads with GU.
Not seeing where its time to sell. If you observe the daily it could just be a pull back to push higher.
If you look at GJ (correlated Pair) you will see that its over extended and the could retrace heavily.
If you look at the DXY support was formed as well
News Confluence as well, where the EU said the are still issues with Brexit deal ("far apart on the big issues" involving Norther Ireland)
Scientist also say UK should resort to Plan B in Covid measures (Covid Case rising)
So there are a lot of sell confluences. But the market is still KING, still following price action.
Possible scenarios for BTCAt the moment, 50k-53k is a very critical level for $BTC in order to determine whether or not we'll move into a bull run or not. Another rejection and bobos will have a field day seeing no one happy for Christmas this December.
I've laid out a couple of scenarios for BTC:
Bull case:
-We breach the trendline and make a higher high and complete a wave 3 target toward 100k without retesting the trendline
-The same as above but the trend line gets retested and a new bull trend gets created
-Exchange reserves decreasing significantly ever since the dump from 50k
-Taproot
-New local high on taker buy/sell ratio
-Spot ETF?
-Possibility of other social media platforms following twitter's adoption of BTC and ETH (OF btc donations from simps?)
-Btc volcano mining from El Salvador
Bear case:
-Bitcoin gets rejected at the trendline again increasing the likelihood of a bear market but with a much higher ath potential (300k+?) sometime in 2022 or 2023. I suspect the bottom to be anywhere between 22k-24k. Good time to pick up on alts and accumulate. Doesn't even matter if you are working min. wage at Mcdonald's or Amazon with this scenario, just have cash/stable coins ready to buy the dip, and cash out your 10x-100x ROI.
-Bids at 36k-40k region continuing to reduce whilst under 50k/major trendline, providing an opportunity for a selloff to sub 40k due to lack of support.
-Trusts/Funds selling at a negative premium
-SPX/CPI wave 5 target
-115% U.S. debt/GDP ratio
-Evergrande situation (tether correlation?)
Overall, wouldn't be surprised if we crabbed for a couple of months maybe even a year until either case becomes more dominant.
SAND Investment Analysis 07-09-2021 by TheSocialCryptoClubGood evening everyone!
We present an analysis on the SAND asset.
Fundamentals :
For those who don't know, SAND is a token related to the world of NFT Gaming and will be used to buy and sell items, land and more in the SandBox Game metaverse.
The gaming industry was one of the few that held up very well during the corona crisis, and the rise of play to earn games is totally changing the gaming paradigm around the world.
SandBox is a very interesting project, with a solid structure behind it, a populous universe of gamers, game makers and asset creators since before the project was launched.
As seen with Axie Infinity (AXS) this could be a great medium to long term investment opportunity.
The long term outlook remains always bullish even in view of the release of the game, of which many major players in the crypto world, for example Binance , ATARI , Square Enix , have already purchased multiple lots of land in order to create levels of the metaverse and consequently have a return linked to the amount of players who will play it.
Technical Analysis :
As we can see the token has suffered, like the rest of the sector, a steep decline due to the May dump.
Recovering thanks to the news on the game, we can see that a definite ascending channel was formed with the formation of a triangle that was broken towards new highs.
Currently we are in price discovery and it is not advisable to start an accumulation plan, but as visible from the volumetric profile, it is possible to identify a new POC in formation.
Below it there is a strong volumetric gap that could lead the price towards the retest at the base of the channel coinciding with the break out levels of the triangle.
If this does not hold we could return to the levels of the previous poc.
Also the CryptoFall indicator confirms that these levels are important for the price right in the area between 0.382 and 0.618.
This area could be interesting for a series of equidistant orders of small equal amount to make a well dosed accumulation plan on the depth of an eventual retracement.
Thanks for your attention and happy to support the TradingView community!