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Fundamentalanalsysis

BTC is trying to go upHello everyone, let's take a look at the BTC to USDT chart on a 1 hour timeframe. As you can see, the price is moving below the trendline. Let's start with the designation of the support as you can see, the first support is $ 38,593, if the support goes down, the next support is $ 36,711 and $ 34,343. Now let's move on to drawing the resistance line and as you can see, the first resistance in the short term is $ 40,334 which is currently struggling with price, the next resistance is $ 41,240, $ 42,250. Looking at the CHOP indicator, we can see that in the 1 hour interval the energy was used up.
by cryptodailyuk
BTC has a lot of energy in the 1D intervalHello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. The price is constantly moving under the downward trend line. Let's move on to the determination and we can see that the first support is $ 37,782, if the support breaks down, the next support is $ 35,561 and $ 32,828, then we already have a fundamental support zone from $ 31,272 to $ 28,798. Now let's move on to the determination of the resistance line, and as you can see, the first resistance is $ 40,119 with which price is trying to fight, another $ 41,440, another $ 43,422 and $ 45,770. Looking at the CHOP indicator, we can see that in the 1-day interval we have a lot of energy.
by cryptodailyuk
GBPCAD Analysis I It will continue to fall Welcome back! Here's an analysis of this pair! **GBPCAD - Due to fundamentals over Russia Ukraine tensions, expect more downside to support. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
1
ADA gains energy in the 4H interval.Hello everyone. Let's take a look at the ADA to USDT chart on the 4H time frame. Note the blue line that marks the downtrend, as you can see the price is moving underneath it. Now let's move on to determining the support line that the price should encounter in the event of a further correction and you can see that the first support is at the price of $ 0.85, if the support does not maintain the price, the next one is at the price of $ 0.80 and the next support at $ 0.75. Looking the other way, it is worth drawing resistance lines that the price must overcome if the price starts to rise, the first resistance will appear at $ 0.945, and the next resistance at $ 1.006 and $ 1.065. On the CHOP indicator you can see that in the 4H interval we gain more and more energy that can be used for the next move.
by cryptodailyuk
ETH on local correctionHello everyone, let's take a look at the ETH to USDT chart over the 4 hour timeframe. Let's start by marking the downtrend line, because you can see that the price has rebounded from it. Now let's move to the support line, as you can see, the first support is around $ 2587 over which the price is currently hitting, the next support is $ 2403. We are in between support and first resistance at $ 2,685, another resistance at 0.382Fib at $ 2,798 and another resistance at $ 2,897. It is worth paying attention to the CHOP indicator, which shows that the energy in the 4H interval is exhausted.
by cryptodailyuk
WTI Oil Coming Lower to 1980s After Russian De-escalation? Currently Oil is sitting at a resistant trendline on the higher timeframes with a strong bearish candle being printed so far, about 2% down today. We've formed a double top on the timeframes below and after a brief pullback we're ready to move lower. This change in sentiment comes from the news that Russia has begun to withdraw troops off of Ukraine's borders but still looking to show off it's military power in drills that will take place in the future. Western media were salivating for war with Russia, an enemy it has built up in recent years, but in leaked wikileaks cables from 2008, Russia predicted the destabilization of certain Ukraine regions once the West tried to push into Ukraine because pro-Russian communities would begin to fight back. This has since come into fruition since 2014 and so Russia are clearly not acting on a whim, but rather a strategic posturing I would call recent events. Putin has not been afraid to downplay the strength of the Russian military in comparison to that of certain Western countries so it doesn't come as an ego damage that he would remove some troops. We'll see how this plays out but the situation has been overly exaggerated and now we will see outflows from safe havens if the above still holds through in the days and weeks to come.
TVC:USOILShort
by UnknownUnicorn15362357
2
AUDUSD Long Term ShortFundamental Insight: Clear down trend and good non sense correction. Another dovish RBA press conference confirmed that this still fundamentally correct short and we are scale in short position. At the otherside, the hike expectation from Federal Reserve is keep growing, Bank of America projectiong 7 hikes this year as Fed was confirmed that they are already behind the curve. Of course there always possibility for price to not go directly into our expectation. And if it is so, we will averaging loss carefully into this pair. So this could be a multiple entry short.
Short
by TradingCocktail
Buy on dips for 40% returnHi All, Please refer chart for detailed explanation on technical analysis . Falling wedge is one the most accurate pattern. One can use buy on dips strategy. 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 Axis Bank trade for 20% return. 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:SAILLong
by RohanLakhani4
3
92.62% STRONG STATISTICAL ANALYSIS FOR CADCHF BUY LIMIT Statistically speaking, I've been this for so many years. Technical Analysis is not just all about drawing lines and key levels. I calculated some currency strength between CAD and CHF. CAD is strong and CHF is weak from the previous week and it will continue until now. SRT was defined in our charting. In this area, we create a cipher pattern that shows a clear harmonic pattern of the long position. We can't put a target price in our Fib. Golden Ratio due to the fact there is a potential liquidation in that area. We should buy low in this pair. We will follow the institutional banks in their trade. There is a clear direction of uptrend here based on our Trend Analysis with the integration of swings, trend line, and volume profile. The Wave Analysis was integrated with our Cipher Pattern with 0.886 or 0.786 target prices. FX:CADCHF has a long position with winning high probability to trade on.
Long
by aaronanonuevo
One Query on Cardano's FundamentalsThis analysis isn't really about ADA's price action, but on Cardano's fundamentals. Cardano was founded back in 2017, and takes pride in adopting a process that relies heavily on academic research and engineering best practices. However, it makes you wonder, if Cardano's management takes so much pride in research, why would they name it after Gerolamo Cardano? After all, this is the Cardano who made predictions, even the day of his death, but killed himself because he woke up healthy on the day he predicted he would die. The choice of a company's name is one of the most important decisions a company can make.
BINANCE:ADAUSD
by AlphaBravoCharlie77
9
SHORT ON GOLD - SUPPLY & DEMANDGOLD is currently at a key supply zone, marked out on the 30M timeframe. Previously, GOLD has rejected this zone with strong momentum, and we can already see strong selling pressure at this zone. We've just seen a huge bearish engulfing candle formed the 30M timeframe, creating a new lower low. I am now looking for GOLD to come up to supply once more to complete the head & shoulder pattern making that lower high which so happens to line up with the 61.8 Fibonacci level. I personally believe GOLD is heading higher into the 1800 (Golden zone) where we have another supply zone, however GOLD has started to reject the 30M supply zone instead but please do trade with caution! Long-term- I believe GOLD is going to break out of this range and head up to the mid-1800 area in the next few weeks/months. This idea is fuelled by the high inflation rate around the world, specifically the US where they are at a 38 year high of 6.8%. GOLD is seen as a hedge against inflation and with concerns over the new Covid variant, investors may start moving their money into safer assets such as GOLD / US Dollar / Japanese Yen. This is merely a possibility and a trading idea so please do trade with caution and ensure correct risk management is implemented. Good luck and let me know your thoughts!
OANDA:XAUUSDShort
by TomBray1
1
How to trade fundamentals (AUDUSD BUYS)Hey traders! A common question I get is, do I trade fundamentals?? -From my experience it is to hard to trade off the back of data releases as the moves are to quick to happen and usually get very messy... -Fundamentals I believe just help push a currency in the right direction as technicals give us the entry points to catch these moves -For me its a rule to always have my stop-loss at breakeven when trading around the times of any news event or data release. -It is important that we always know when a big event or release is coming out to cover any trades we currently have running or are about to open, price can move so quick and cause slippage on accounts especially if you are over leveraged. -So the answer is I do and I don't trade fundaments, the aim of the game for me is to already be in a position with stops at breakeven to catch the bigger move but also protecting my account at the same time, at the end of the day we never know what's going to happen and price can do some wild things... ......... fundamentals overall control the market but technicals provide us with the entry points and create market structure.........
Education
by jamison_fx
14
2CRZ critical region 2 breached; potential consolidation period2CRZ finally had a major increase in volume yesterday after about 2 months of meager price action, in which it moved from a high of $0.1033 down to a stable trading range of $0.03 to $0.022. A reversal occurred yesterday, peaking at $0.085, after an 80% breakout to $0.0625 8 hours prior. The breakout pattern on the chart was identified prior to it's 55% increase, but the price couldn't sustain above the $0.0635 level. In all honesty, I'm personally a fan of the core idea behind this project, though I question if the team can get the job done efficiently. A few things to note regarding the coin: - Only upon the coin hitting a 100% gain on the day did the team begin to tease news, eventually sharing that they partnered with an e-sports franchise, also paying two former NBA players (Nate Robinson and Mario Chalmers) to post identical uncommitting, copy-and-paste tweets about the coin which was met with zero enthusiasm by their followers, and made the project appear pretty pump and dumpy. - Correlating with the previous idea, their price actions seems to heavily rely on teasing secret news on twitter (creates small uptrend), followed by the release of the news (often met with a price retracement -- besides the news from last night, which relied heavily on the successful price action of that entire day) Anyway, if the team can continue to establish good connections with professional athletes in E-sports and other realms, expand their listings on exchanges, then they should definitely be a coin to keep an eye on regarding quick growth, and the price action of recent points toward a nice entry point, hanging right above bottom level of resistance (I believe around 68% retracement from it's stable high of yesterday, 100% of peak). Please let me know how you feel, if you agree, or i'f I'm totally 100% off and should stop immediately -- I've just started doing this lol. Thanks
2
by Jordsito
$DISShares of entertainment conglomerate The Walt Disney Company closed down 4.1% in Tuesday’s trading after the House of Mouse disclosed a disappointing forecast for growth in its Disney+ division. Chapek warned that the Delta-variant fueled wave of Covid-19 is impacting movie and TV production and will delay releases in the coming months. The pandemic-related suspension of the Indian Premier League cricket season last spring also means less sports content on Disney’s streaming services in India over the summer. And Chapek said that the launch of Star+ in Latin America in recent months had proceeded more slowly than expected. Taken together, that means Disney+ and its international equivalents might add “low single-digit million” subscribers in the current quarter, which is Disney’s fiscal fourth, Chapek said. Wall Street analysts’ average estimate had been for 17 million additional Disney+ subscribers in the period, according to FactSet. But when we look at the charts we can see price is bouncing around in a symmetrical triangle on the weekly timeframe. It’s very hard not to be bullish on Disney but we should keep this on our watchlist and wait for the break before entering this trade. RSI sitting near 50. MACD wants to curl. Watchlist activated. - Factor Four
NYSE:DISLong
by TheBlankFund
GOLD FED NEWS DECISION PENDINGYesterday I posted a idea of short sell, there were scenario of buy and sell, I was confident on FED meeting on interest rate decision. But yet not confirmed. Technically speaking it looks like price will continue lower and it will move below the previous lows 1744. Well I recommend you that open small lot size of 0.01 according to your risk management. Wait for FED meeting confirmation on further price action. There will be two scenario In CASE 1 If price goes to the above 1782-85, then the level to look out for is 1810. In CASE 2 If price goes to the above 1772-69 as strong support, then the level to look out for is 1735 and low. AGAIN I RECOMMEND you to take action after FED news and best entry position would be below 1770. FOLLOW for future UPDATES, Like and Comment
TVC:GOLD
by ProTradingPoint
$BLDEBlade Air Mobility Inc has fallen Monday morning, with the stock decreasing -5.24% in pre-market trading to 10.66. BLDE's short-term technical score of 20 indicates that the stock has traded less bullishly over the last month than 80% of stocks on the market. In the Airports & Air Services industry, which ranks 47 out of 146 industries. BLDE ranks higher than 23% of stocks. Blade Air Mobility Inc has risen 55.60% over the past month, closing at $7.66 on August 23. During this period of time, the stock fell as low as $7.66 and as high as $11.25. BLDE has an average analyst recommendation of Strong Buy. The company has an average price target of $15.67. When we look at the technical side of things we can see it’s broken above resistance and even with yesterday’s markets fall it was still able to stay above resistance. We could say previous resistance is now acting as support on the lower timeframes. We have the MACD sitting comfortably above 0.50 and the RSI above 50. I’m fairly bullish on this. Keep this on your watchlist. - Factor Four
NASDAQ:BLDELong
by TheBlankFund
$UUnity is a platform that provides two sets of solutions: Create Solutions and Operate Solutions. Create Solutions provides a comprehensive portfolio of software solutions for developers to create 2D and 3D content that can be deployed on more than twenty platforms, including Microsoft Windows and Apple. Unity’s Operate Solutions offers app developers a set of solutions to grow and monetize their end-user base. The company competes with AppLovin through the Operate Solutions business. Interestingly, Unity is also one of APP’s partners and enterprise client. In Q2, Unity posted revenues of $273.6 million, a jump of 48% year-over-year, surpassing the Street’s estimates of $243.07 million. Revenue from Operate Solutions grew 63% year-over-year to $182.9 million But moving away from the fundamentals and moving onto the technical side of things. Unity Software has been forming an falling wedge since the 26th of June. If this patterns plays out correctly price should fill the gap before falling. MACD flat. RSI flat with the 50MA looking really to break above the 200MA. Keep this on your watchlist. - Factor Four
NYSE:UShort
by TheBlankFund
$SOFISoFi Technologies has received a lot of attention from a substantial price movement over the last few months, increasing to US$23.89 at one point, and dropping to the lows of US$13.75 It seems Sofi Technologies has be gaining as a platform, and members seem to be growing. The further development of their app and platform should increase user satisfaction and create networking benefits. SoFi Technologies is just starting its journey and will have a lot to prove before it can become what it sees itself as - an automated banking and financial service platform. The last quarter showed some encouraging growth, but should be taken with a grain of salt because it seems to be reflective of current trends for investing and financial distress because of COVID. Analysts are estimating close to $2b in revenue and a break in profitability after 2023. However, the current market cap for SoFi is US$11.8b, which is reflective of the very long term potential of the company. It may be too early to assess if the company can actually reach that potential, and the current valuation seems a bit speculative. But overall, I think this company has an incredible future ahead. When we move to the technical side of things SoFi Technologies has been a little everywhere but it’s currently sitting on strong support on the higher timeframe and should be a level to watch out for. A break of support could see this stock tumble but if it continues to hold, we could see Sofi move towards the $16 level to fill the gap. Keep this on your watchlist.
NASDAQ:SOFILong
by TheBlankFund
$SPOTA lot has happened to Spotify during the last year. The stock soared over 165% and reached $364 in February. Since then, the stock price has declined by over 40% since. Spotify continues its global dominance, adding 27 million net subscribers between Q1 2020 and Q1 2021, more than any other single service. However, it lost two points of market share over the period because its percentage growth rate trailed that of its leading competitors. \ Google was the fastest-growing music streaming service in 2020, growing by 60%, with Tencent second at 40%. Amazon continued its steady trajectory, up 27%, while Apple grew by just 12%. But moving onto the technical side of things. Spotify is a classic example of previous resistance now acting as support. Price closed on a hammer on the weekly. MACD curling w/ the RSI above 50. Keep this on your watchlist.
NYSE:SPOTLong
by TheBlankFund