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ETH Eyes $2,800 Support: Big Move Incoming?ETHUSDT Technical analysis update ETHUSDT has been trading within the same range of $2,000–$4,000 for the past 400 days. Currently, the price is forming an inverse head and shoulders pattern. In the coming days, the price could create the right shoulder of this pattern. A possible drop to the strong support zone at $2,700–$2,800 could complete the right shoulder formation. Once the price touches this support level, we can expect a strong bounce from that area. Good Buy level: $2700- $2800 Regards Hexa
INDEX:ETHUSDLong
by HexaTrades
Walgreens Boots Alliance: Stability and Growth in the Healthcare1. Stable position in the healthcare sector Walgreens Boots Alliance is one of the leading pharmaceutical chains in the world. With a network of thousands of pharmacies and health centers, the company plays a key role in the provision of healthcare services, especially in the US and Europe. This makes it resilient to economic cycles, as healthcare is an indispensable part of life. 2. Dividends for shareholders Walgreens is known for regularly paying dividends to its shareholders, which makes it attractive to investors looking for passive income. The company is part of the so-called Dividend Aristocrats, which means that it has increased its dividends for decades. 3. Expansion in the field of digital healthcare Walgreens invests in technology and digital solutions to improve access to medicines and healthcare services. Online pharmacy and telemedicine platforms are part of their strategy for future development, which provides them with a competitive advantage. 4. Strategic Partnerships and Innovation The company has partnered with leading healthcare organizations and technologies such as VillageMD to create clinics in Walgreens stores. This improves access to healthcare services and increases revenue. 5. Revenue Diversification In addition to pharmacies, Walgreens also has a strong presence in the cosmetics and personal care sector through Boots, which diversifies revenue and makes it less dependent on one sector. 6. Opportunities at a lower stock valuation Walgreens shares have been under pressure in recent years due to macroeconomic factors and changes in the sector. This could represent a buying opportunity if an investor believes the company will recover and continue its growth. 7. Global Presence Walgreens has business operations in multiple countries, which provides access to different markets and reduces the risk of local economic shocks. Potential Risks: Competition from online giants such as Amazon entering the healthcare sector. Pressure on margins due to regulations in the pharmaceutical sector. It needs significant investments in innovation and modernization.
NASDAQ:WBALong
by ForexCompany
Bitcoin Correction Signals Major Rally AheadBTCUSDT (Day Chart) Technical analysis update BINANCE:BTCUSDT current price movement is forming a pattern similar to the December 2023 to February 2024 chart. At the beginning of 2024, Bitcoin experienced a gradual 20% correction before recovering and rallying by over 90% in the following months. This time, the price is exhibiting a similar behavior to December 2023's price action, having already dropped 15% from its peak. A maximum correction of 20% from the peak is anticipated. Once this correction concludes, a strong bullish move is expected, with a target price of $140,000 to $150,000.
Long
by HexaTrades
ETHUSDT New ATH Incoming?ETHUSDT Techncial analsysis update BINANCE:ETHUSDT price has broken the trend resistance line on the daily chart. The price has already surpassed the previous resistance zone at $3,500 and successfully completed a retest. An increase in volume near the resistance level is evident. If the daily candle closes above the resistance line, a strong bullish move can be anticipated, potentially leading to a new all-time high Buy zone : Below $3740 Stop loss : $3480 Take Profit 1: $3950 Take Profit 2: $4275 Take Profit 3: $4860
Long
by HexaTrades
SNXUSDT Signals Bullish Move AheadSNXUSDT Technical analysis update BINANCE:SNXUSDT has been ranging at the bottom for the last 120 days. The price has now broken out above the resistance line with high volume and is trading above the 100 EMA, signaling a bullish trend. This breakout indicates the potential for a strong bullish move in the coming days. Buy zone : Below $1.77 Stop loss : $1.50 Take Profit 1: $1.99 Take Profit 2: $2.40 Take Profit 3: $3.30 Thank You Hexa🧘‍♀️
Long
by HexaTrades
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Post-Halving Bitcoin Market AnalysisBitcoin Price prediction after halving: After the halving, Bitcoin's price typically moved sideways or exhibited a slight bearish trend for 1-3 months in the past three cycles. We can anticipate a similar sideways movement for the next 1-2 months before a significant upward surge. Once the sideways movement concludes, we can expect a robust bull run. In the past three Bitcoin cycles, the price of Bitcoin has exhibited a bullish trend following halving events. We can anticipate a similar trajectory in this cycle, potentially propelling the price to $200k Regards Hexa
BITSTAMP:BTCUSDLong
by HexaTrades