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Fundamentalanalsysis

GOLD READY TO BOOM?Gold has rejected 1796 within last week and it seems it was the turning point for Gold to start a strong bullish trend. Is it going to break all time Highs? Technically Gold is testing important resistance at 1852-1856 atm. If it breaks this resistance today, we can expect gold to test 1870 and then extend its move to 1885 respectively. On the other hand, if gold reject 1856, I am expecting gold to rebound to 1830 and then to 1810 where it should adopt the consolidation for a while before making any major breakout. Another thing that is driving gold atm is Dollar Index. DX is testing an important support currently after a few back to back bearish candles on H1 timeframe. If it rejects the support and continue its bullish trend back, there are more chances that gold will be bearish in coming US sessions. I am more biased on bearish move but considering the other possibility aswel, I am using a strict stop loss for my trade. I'll be sharing my trade idea on my channel.
OANDA:XAUUSDShort
by TradingSwirls
2
Will BNB be able to break the resistance at $ 311?Hello everyone, let's take a look at the BNB to USDT chart on a 1 day time frame. As you can see, the price is moving below the downtrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 291, if the support breaks down, the next one is $ 277 and $ 266. Now let's move from the resistance line as you can see the first resistance is $ 311, if you can break it the next resistance will be $ 339 and $ 368. Looking at the CHOP indicator, we can see that the energy has been used in the 1-day interval, but after the rebound, the MACD indicator shows that the blue line has crossed the red one from the bottom, which may be a confirmation of the trend change.
by cryptodailyuk
GST stabilizes around $ 3Hello everyone, let's take a look at the GST to USDT chart over the 1 day timeframe. As you can see, the price is moving above the downtrend line. Let's start with determining the support line and as you can see the nearest support is at $ 2.65, if the support is broken, the next one is at $ 1.39. Now let's move from the resistance line as you can see the first resistance is $ 3.70, if you can break it the next resistance will be $ 4.77 and $ 5.67. Looking at the CHOP indicator, we can see that the energy has been used on the 1-day interval, while the MACD indicator shows that the blue line is approaching the red line if it crosses it from the bottom, it could confirm the trend change.
G
by cryptodailyuk
1
DOGE on support, no energy.Hello everyone, let's take a look at the DOGE to USDT chart on a 1 day time frame. As you can see, the price is moving in the downtrend channel. Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.0858, if the support breaks, the next one is $ 0.0662. Now let's move from the resistance line, as you can see, the first resistance is $ 0.0929, if you manage to break it, the next resistance will be $ 0.1079 and $ 0.1201. Looking at the CHOP indicator, we can see that in the 1-day interval we have run out of energy, and the MACD indicator slowly changes direction but is still under the red line.
by cryptodailyuk
Does DOT change the direction of the trend?Hello everyone, let's take a look at the DOT to USDT chart on the 1 day timeframe. As you can see, the price is moving in the downtrend channel. Let's start with the line of support and as you can see we are in the support zone from $ 11.36 to $ 8.07, then the first support in the near future is $ 7.43, if the support breaks, the next one is $ 4.6. Now let's move from the resistance line, as you can see the first resistance is $ 11.24, if you can break it the next resistance will be $ 13.68 and $ 15.63 plus $ 17.59. Looking at the CHOP indicator we can see that the energy has been used on the 1 day interval, looking at the MACD indicator we can see that the blue line has crossed the red one from the bottom, which may confirm an uptrend.
by cryptodailyuk
2
MACD indicates a change of BTC trendHello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, the price is in the downtrend. Let's start with the designation of the support line and as you can see the price is currently in the fundamental support zone from $ 31,251 to $ 28,798. The first support in the near future is $ 28,546, if the support breaks down, the next ones are $ 27,702 and $ 26,700. Now let's move from the resistance line as you can see the first resistance is $ 31,765, if you can break it the next resistance will be $ 34,931 and $ 37,463. Looking at the CHOP indicator, we can see that the energy has been depleted on the 1-day interval, while the MACD indicator shows that the blue line has turned back and crosses the red line from the bottom, which may confirm an uptrend.
by cryptodailyuk
2
LSPD: One Up Day Is NOT A ReversalLSPD is going to report lower quarterly revenues than last month in next week's earnings results, but its stock is in a sympathy move upward with the rest of the market bounce today. This is a prime example of the need to wait for confirmation of a bottom developing. As always, one up day is not a reversal. It may be the start of a bottom formation, but bottoms can take months to get hammered out. This stock's current situation is a good reason to incorporate some fundamental analysis into your technical studies. There are just a few key things to check. Do yourself a favor and learn to do your own research; upgrades, downgrades and all that jazz is market manipulation. Go look at the press release of the last earnings report yourself to see what the company guided for the upcoming report. Nasdaq.com is a good site for this. I wouldn't short here because it's nearing the end of the downtrend now. I wouldn't buy yet because there's a little further to go before the strong support is reached and a bottom can take a while to develop. PLUS, the knee-jerk crowd is bound to be surprised on May 19th. Meanwhile, the institutions have already accounted for a rough 4th quarter for this stock, but they also know that annual revenues have doubled this year. LSPD is one for a watchlist to wait until the bottom is confirmed.
NYSE:LSPD
by MarthaStokesCMT-TechniTrader
Will BTC stabilize the price?Hello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price is moving in the triangle of the downturn channel. Let's start with the designation of the support line and as you can see the first support is the support zone where the price is currently moving from $ 31,251 to $ 28,798, if the support breaks, the next one is $ 28,333 another at $ 27,606, $ 26,619 and $ 23,970. Now let's move from the resistance line as you can see the first resistance is $ 31,864, if you can break it the next resistance will be $ 33,370 and $ 34928 or $ 37,213. Looking at the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy, while the MACD indicator shows an upward trend.
by cryptodailyuk
SOL -85% from ATHHello everyone, let's take a look at the SOL to USDT overnight chart. As you can see, the price has dropped below the uptrend line. Let's start with the support line and as you can see, the first support is at $ 36.6, if the support breaks down, the next support is $ 28.73, and the next one is $ 19.54. Now let's move from the resistance line as you can see the first resistance is $ 50.41, if you can break it the next resistance will be $ 58.64 and $ 66.12. Looking at the CHOP indicator, we can see that the energy has been consumed in the 1-day range, while the MACD indicator shows a downward trend.
by cryptodailyuk
1
BTC returns to the support zone after a strong correctionHello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, the price has dropped and remains just below the uptrend. Let's start with the designation of the support line and as you can see the first is a fundamental support zone from $ 31,251 to $ 28,798, if the support breaks down, the next is $ 25,674. Now let's move from the resistance line as you can see the first resistance is $ 31,858, if you can break it the next resistance will be $ 34,892 and $ 37,459. Looking at the CHOP indicator, we can see that the energy has been used in the 1-day interval, while the MACD indicator shows a downward trend.
by cryptodailyuk
2
SHIB has exhausted energy on an interval of 1 dayHello everyone, let's take a look at the SHIB to USDT chart on a 1 day time frame. Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.00001351, if the support is broken, the next support is $ 0.00001163 and $ 0.00000847. Now let's move from the resistance line, as you can see the first resistance is $ 0.00001585, if you manage to break it, the next resistance will be $ 0.00001850 and $ 0.00002068 and $ 0.00002287. As you can see, the price is based on the first support, while the CHOP indicator shows that the energy was consumed on the 1-day interval.
by cryptodailyuk
Will BTC start gaining after the second big correction?Hello everyone, let's take a look at the BTC to USDT chart on a 1 day timeframe. As you can see, the price is moving above the uptrend line, but it has already relied on it once. Let's start with the designation of the support line, and as you can see, we first have a support zone from $ 31,251 to $ 28,798, which currently has the BTC price, if the support breaks, the next one is $ 22,513. Now let's move from the resistance line as you can see the first resistance is $ 38,498, if you can break it the next resistance will be $ 44,418 and $ 48,859. Looking at the CHOP indicator, we can see that the energy has been used in the 1-day interval, which could give us moments of breath.
by cryptodailyuk
XCAD / USDT has bounced off the resistance and takes away energyHello everyone, let's take a look at the XCAD to USDT chart on the 1D interval. As you can see, price is moving above the local uptrend line. Let's start with the line of support and as you can see the first support that the price is currently based on is $ 3.09, if the support breaks down, the next ones are $ 2.09 and $ 1.30. Now let's move from the resistance line, as you can see, the first resistance is $ 4.38, if you can break it, the next resistance will be at $ 5.65 and the next resistance at $ 6.68. Looking at the CHOP indicator, we can see that in the 1D interval we are starting to recover energy, while the MACD indicator shows an upward trend.
by cryptodailyuk
APE has used up its energy and remains in an uptrendHello everyone, let's take a look at the APE to USDT chart on the 1D interval. As you can see, the price moves in an uptrend channel marked by blue lianims. Let's start with the designation of the support line and as you can see the first support in the near future is $ 14.31, if the support breaks, the next one is $ 11.77, another one at $ 9.68 and $ 7.72. Now let's move from the resistance line, as you can see, the first resistance that APE is currently struggling with is $ 18.25, if it can be broken the next resistance will be $ 20.53 and $ 23.91. Looking at the CHOP indicator, we can see that in the 1D interval most of the energy has been exhausted, while the MACD indicator shows a continuation of the upward trend
by cryptodailyuk
1
BTC energy in the 1D interval has been exhausted.Hello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, the price is moving in the uptrend channel marked by the blue lines. Let's start with the designation of the support line and as you can see the first support in the near future is $ 39,798, if the support breaks down, the next one is $ 37,539. Now let's move from the resistance line as you can see the first resistance is $ 41,287, if you can break it the next resistance will be $ 42,616 and $ 43,679. Looking at the CHOP indicator, we can see that in the 1 day interval most of the energy has been depleted, we should not see more movement in the next day.
by cryptodailyuk
BNB price quickly recovers after the last correctionHello everyone, let's take a look at the BNB to USDT chart on the 1D Interval. As you can see, the price momentarily fell below the local uptrend line, and then quickly returned to this line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 408, if the support breaks down, the next one is $ 392 and $ 375. Now let's move from the resistance line as you can see the first resistance is $ 455, if you can break it the next resistance will be $ 495 and $ 537. Looking at the CHOP indicator, we can see that in the 1D interval, after the last correction, we have a lot of energy and we can expect movement.
by cryptodailyuk
One of the best IT stock - Potential to give 20% returnPlease refer chart for detailed explanation on technical analysis. Find buying opportunity at/near support zone - Price mentioned on chart. Fundamentals are strong so no need to worry even if price goes down. If you think my analysis is helpful than please do like my idea. For future reference do follow me so that you do not miss any of my analyses. You can also check my other analysis where we achieved 15 to 20% return in short term. Link is shared below or else you can visit my profile and check all the Ideas which I have shared. Feel free to leave any questions you have in the comments! I will gladly respond to them. Hopefully, this helps you out a little bit. Please make your own research before investing. P.S: This is not an investment advice. This chart is meant for learning purposes only. This is my personal viewpoint so please Invest your capital at your own risk
NSE:HCLTECHLong
by RohanLakhani4
DOGE returned to the area of support at 0.162$.Hello everyone, let's take a look at the DOGE to USDT chart on the 1D interval. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.162, if the support breaks down, the next ones are $ 0.152 and $ 0.143. Now let's move from the resistance line, as you can see, the first resistance is $ 0.177, if you can break it the next resistance will be $ 0.196 and $ 0.221. Looking at the CHOP indicator, we can see that in the 1D interval most of the energy has been used up.
by cryptodailyuk
1
USD/CAD; risk-sentiment what FED chair comment todayU.S. Dollar has bad news today as today the Federal Reserve Chair Jerome Powell comment that He's expect that U.S. equities market not just help boost as there're risk sentiment in the interest rate. As the past week, the U.S. interest rates was 25 basic points and dollar climb, but that will be transitory in the movement. But there're some chances that Jerome Powell going to increase the interest rate to 50 basic points in the next upcoming U.S. monetary policy that will be on May and June in this year. And then, this will be bad news in shortly time. So guys, right now, that trend will becoming worse in the U.S. economy as inflation continue climb as maybe FED can't to combat a higher inflation that could to climb in the following months. So, technically, we see that U.S. Dollar it's weak in this chart. So, I have this overview what I look in U.S. Dollar/Canadian Dollar that can to hit down to $1.2470 CAD. And now, analyzing this timeframe, I put a sell order limit at $1.2582 CAD and SL to $1.2628 CAD and target to $1.2470 CAD So guys, if you like my analysis and do you like my own content, please follow me and share this perspective what I thinking about the economy, U.S. Dollar and how I'm a critic person that find up solution.
Short
by harisonhbn9718
BTC is fighting the resistance.Hello everyone, let's take a look at the BTC to USDT chart on a 1 day timeframe. As you can see, the price moves in the channel marked with blue lines. Let's start by highlighting the support as you can see, the first support is $ 39,400, if the support is broken, the next one is $ 37,844 and $ 35,696. Now let's move on to drawing the resistance line and as you can see the first resistance in the short term is $ 41,446, which is currently struggling with the price, the next resistance is $ 43,390, $ 45,846. Looking at the CHOP indicator, we can see that we have a lot of energy in the 1-day interval, we can expect dynamic movement on the days.
by cryptodailyuk
3
LUNA fights to overcome the resistance.Hi, Today we are going to do a short LUNA / USDT analysis 4 hours apart. Let's start by marking the uptrend line with a blue line. Moving on, it's worth highlighting in purple the current luna support line which is $ 86.76 based on fibretracement, the next support is $ 81.84 and $ 75.62. To determine the resistance, we will use the fibretracement tool and the red line, looking at the price, in the short term you can see that the first resistance appears at $ 90.04, the next one is $ 92.83, $ 95.20, $ 97.42. Please pay attention to the CHOP indicator, which indicates that we have a very high energy for the next move.
by cryptodailyuk