BTC wants $33kLooking for a CRYPTOCAP:BTC pump to BER:33K , this would be an excellent spot to take skin off the table. Pre-halving years do not produce expansive bull markets. This time will be no different - FOMO soon?
Investing
TSLA Ready To Reverse?! Here we are looking TSLA on the Daily TF…
In today’s analysis we are going to be comparing TESLA’s two most recent legs up in its current move, to look at the similarities and figure out where this current leg up may run out of steam.
In TSLAs first move up, it moved up $115 which was approximately 112% up from its lows. From there, it received a pullback before beginning its current move up. When looking at the current move up, it has moved up exactly $115, just as the first move. Additionally, you can see that the price has gravitated right to a major gap fill on the chart.
This isn’t enough to say that TSLA will reverse, but the similarities and the confluence is very strong. I will begin to look for TSLA to pull back from its current levels, and will update you as I see fit!
Cheers!
$CIAN shows a good picture for turn aroundObserving an interesting picture on the MOEX for MOEX:CIAN .
Energy for the good jump was taken and it is really ready. All the indicators show turn pattern that can take place in the nearest time.
Looking at this pose and a huge difference between NYSE:CIAN figures on the MOEX and NYSE.
I highly assume, that the CIAN line on the NYSE lags behind the CIAN line on the MOEX and, moreover, once the CIAN starts growing on the MOEX, the second graph will react more actively on the NYSE market, but with a monthly lag, which will be going to a shoot with the much more power than we will see on the market of MOEX. If it happens, we will see an amazing rally on the fields of both.
MOEX:CIAN ::RUB409-»RUB720::76%::Mid-End of April
NYSE:CIAN ::$3.4->$8.7::155%::End of April
Good time for now to join this company on the MOEX and do the same in some weeks.
If you agree with this idea, please push the button of Like ).
Thank you for reading,
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs
Update on the SPX - in need of some consolidation near termDisclaimer:
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APTOS: Bullish Flag Pattern Detected Continuation to $20!Hello, Traders! Today, I want to share an exciting technical analysis finding on Aptos (APTOS). A bullish flag pattern has been identified, indicating the potential for a continuation of the previous uptrend, with a target of $20. Let's dive into the details!
📈 Ticker: APTOS
📅 Timeframe: Daily Chart
📊 Pattern: Bullish Flag
📉 Understanding the Bullish Flag Pattern:
A bullish flag pattern is a continuation pattern that typically forms after a strong upward price movement. It consists of a flagpole (the initial sharp rise) followed by a consolidation phase in the form of a rectangular flag. This pattern suggests that the market is taking a brief pause before resuming the upward momentum.
🔍 Identifying the Bullish Flag on APTOS:
Upon analyzing the daily chart of APTOS, the following observations come to light:
1️⃣ Strong Uptrend: APTOS has experienced a notable upward price movement.
2️⃣ Rectangular Flag: A consolidation phase formed with parallel trendlines, resembling a flag, following the initial rally.
3️⃣ Decreasing Volume: The trading volume during the consolidation phase has declined, indicating a potential temporary lull in market activity.
📈 Price Targets and Trading Strategy:
If the bullish flag pattern on APTOS plays out as expected, it suggests a potential continuation of the previous uptrend. Consider the following revised price targets:
1️⃣ Target 1: Resistance level near $15.00
2️⃣ Target 2: Potential breakout towards the next resistance level near $18.00
3️⃣ Target 3: Extended move towards the top of the bull flag near $20.00
🛡️ Risk Management:
Managing risk is crucial for successful trading. Implement the following risk management techniques:
1️⃣ Set a stop-loss order below the lower boundary of the flag pattern to protect against unexpected price reversals.
2️⃣ Adjust position size based on your risk tolerance and overall portfolio management strategy.
🔔 Conclusion:
Keep a close eye on Aptos (APTOS) as it exhibits a bullish flag pattern, indicating the potential for a continuation of the previous uptrend. The revised price targets suggest potential resistance levels at $15.00, $18.00, and an extended move towards the top of the bull flag at $20.00. However, please note that technical analysis is not infallible, and market conditions can change rapidly. Combine this analysis with other relevant factors and fundamental research before making any trading decisions.
Disclaimer: This post is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a qualified financial professional before making investment decisions.
Happy Trading! 📈💰
#tradingview #technicalanalysis #bullishflagpattern #APTOS #continuationpattern #tradingstrategies #investing #finance #marketanalysis
S&P 500 Daily Chart Analysis For Week of June 16, 2023Technical Analysis and Outlook:
The Reignited Rally continues to move forward this week, hitting our target Outer Index Rally 4412 and, by doing so, completing Inner Index Rally 4444. This suggests a couple of trading scenarios: The unconfirmed completion by Trade Selecter, the market severity will pull back to Mean Sup 4365, followed by a solid bounce to retest the developed and confirmed by Trade Selecter Key Res 4425. The second scenario will display Spooz regrouping within the vicinity of developing Key Res and penetrating higher by targeting Outer Index Rally 4480. Trade Selecter will closely monitor any updates and share any valid confirmation with you. (Please note that there will be no Daily Chart Analysis for the week of June 23. The next update will be on June 30).
EUR/USD Daily Chart Analysis For Week of June 16, 2023Technical Analysis and Outlook:
The euro-dollar price movement followed our projections as stated on Daily Chart Analysis For the Week of June 9 - the price action hit our initial upside target of Mean Res 1.082 and beyond by completing our Inner Currency Rally 1.096. The unconfirmed pivotal down move is in progress, with the mark aimed to mean Sup 1.080. Trade Selecter will closely monitor any updates and share any valid confirmation with you. (Please note that there will be no Daily Chart Analysis for the week of June 23. The next update will be on June 30) .
Bitcoin(BTC/USD) Daily Chart Analysis For Week of June 16, 2023Technical Analysis and Outlook:
The coin has invalidated our completed Inner Coin Dip 25800 and Mean Sup 25700. Doing so opened the down trading area envelope to Outer Coin Dip 23950. However, a reignited rally might take us to Mean Res 27300 and Mean Res 28250, respectively. Trade Selecter will closely monitor any updates and share any valid confirmation with you. (Please note that there will be no Daily Chart Analysis for the week of June 23. The next update will be on June 30) .
GLMR/USDT: Falling Node Wedge PatternHello, Traders! Exciting news awaits as we delve into the technical analysis of Glimmer (GLMR) against USDT. A falling wedge pattern has emerged, hinting at a potential bullish reversal in the near future. Don't miss out on this opportunity! Let's explore the details.
📈 Trading Pair: GLMR/USDT
📅 Timeframe: Daily Chart
📊 Pattern: Falling Wedge
📉 Understanding the Falling Wedge Pattern:
The falling wedge pattern is a bullish chart formation characterized by converging trendlines sloping downward. Typically formed during a downtrend, it suggests diminishing selling pressure and the potential for a reversal. This pattern often precedes an upward price movement.
🔍 Identifying the Falling Wedge on GLMR/USDT:
Upon analyzing the daily chart of GLMR/USDT, the following observations have come to light:
1️⃣ Recent downtrend: GLMR has experienced a decline in price over the past weeks.
2️⃣ Converging trendlines: The upper trendline connects the lower highs, while the lower trendline connects the lower lows.
3️⃣ Decreasing trading volume: As the falling wedge pattern forms, the trading volume has been declining, indicating a potential reduction in selling pressure.
📈 Price Targets and Trading Strategy:
If the falling wedge pattern on GLMR/USDT plays out as expected, it could lead to a potential bullish breakout above the upper trendline, suggesting a reversal and potential price appreciation. Consider the following revised price targets:
1️⃣ Target 1: Resistance level near $6.00
2️⃣ Target 2: Psychological resistance near $8.00
3️⃣ Target 3: Potential breakout towards the all-time high of $12.00
🛡️ Risk Management:
Implement these risk management techniques to ensure successful trading:
1️⃣ Set a stop-loss order below the lower trendline to protect against unexpected price movements.
2️⃣ Adjust your position size according to your risk tolerance and overall portfolio management strategy.
🔔 Conclusion:
Keep a close eye on the GLMR/USDT trading pair as the falling wedge pattern continues to unfold. It suggests the potential for a bullish reversal, with revised price targets pointing towards $6.00, $8.00, and a potential breakout towards the all-time high of $12.00. However, please note that technical analysis is not infallible, and market conditions can change rapidly. It's important to combine this analysis with other relevant factors before making any trading decisions.
Disclaimer: This post is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a qualified financial professional before making investment decisions.
Happy Trading! 📈💰
#tradingview #technicalanalysis #fallingwedgepattern #GLMR #USDT #Glimmer #cryptotrading #chartpatterns #bullishreversal #tradingstrategies #investing #finance #marketanalysis
Polygon Long TermThese are long term expectations in relation to Polygon prices and the most important levels that will be affected by them in the future
Natural Gaz long termThese are long term expectations in relation to natural gas prices and the most important levels that will be affected by them in the future
OIL - Potential up move before a bigger dropFundamental Analysis
WTI remains stable as global interest rates are decided, showing signs of a potential increase for the week. The People's Bank of China's decision to lower rates aims to boost economic growth and improve the outlook for oil. Currently, WTI is trading at $71.25, a slight increase from before.
Despite elevated prices worldwide and a slowing economy, major central banks, such as the European Central Bank (ECB) and the Federal Reserve (Fed), have chosen to keep rates unchanged. The ECB raised rates to a 22-year high, while the Fed decided to skip its June meeting but revised its peak rates upward, surpassing the 5.50% threshold. Although this initially strengthened the US dollar, WTI prices were affected by Jerome Powell's neutral comments, causing the gains to diminish.
In contrast to the ECB and the Fed, the People's Bank of China reduced rates due to the slower-than-expected recovery of the Chinese economy. Recent data suggests a loss of momentum, which impacted the rise in oil prices, especially after Saudi Arabia announced a cut in its crude oil output starting in July.
Growing demand in China has supported oil prices, with refinery output reaching its second-highest level on record. The CEO of Kuwait Petroleum Corp estimates that Chinese oil demand will continue to increase in the second half of the year.
It's important to note that the voluntary cuts in crude oil production by the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) will limit supply in the near future. Additionally, the US dollar has weakened following the Fed's decision to keep rates unchanged, which also contributes to favourable conditions for WTI prices.
Technical Analysis
From a technical perspective, WTI is currently moving horizontally on the charts, staying within the range of approximately $63.50 to $68.00 throughout the year. Our long term view is bearish, but right now we would expect a move up to $76 Price range before we could see another bigger drop which would most likely break the $63 price level.
GALACTICO Penny multibaggerGALACTICO Penny Stock.
Small Investment cannot hurt much, stock at bottom and has potential to become multibagger.
CMP 6.66.
Profit 7.33 compared to previous 0.42 quarter
Not more 2-3% of your portfolio.
Not a SEBI registered advisor.
Saptarish Trading
How to invest in altcoins if you are a beginner?Altseason is the moment when the big players have taken profits from bitcoin and now the capital is flowing from bitcoin to altcoins! You must understand that not all altcoins will be profitable in the same way!
No need to focus on specific dates and try to predict the future. Your task is to adapt to the market order flow.
The first wave of momentum is buying with big capital! No one here believes in growth yet!
The last wave will be the shortest since it will already be a period of greed with a great news background so that even the latest skeptic would believe that he will become a millionaire thanks to cryptocurrency! It will be time to exit the market
When is the alt season?
Phase 1: Bitcoin
Cash flows are directed to the main cryptocurrency Bitcoin
Phase crossing | Ethereum is starting to fill up with smart money capital. The second cryptocurrency is rapidly trying to catch up and overtake Bitcoin. Ultimately, the growth of Ethereum is much more intense.
Phase 2: Ethereum
Ethereum outperforms Bitcoin. Gradually, the hype begins to rise.
Phase crossing | The flow of money is directed to highly liquid alts, alcoins with the highest capitalization. Major purchases are taking place.
Phase 3: Highly liquid altcoins
After Ethereum identified the first cryptocurrency, highly capitalized altcoins show parabolic growth.
Phase crossing | Regardless of capitalization, some altcoins with good fundamentals show tremendous growth.
Phase 4: Altseason
High-cap alts have finished their vertical growth and are starting to lose ground relative to their peaks, but since they have outpaced Bitcoin and Ethereum in terms of growth, it seems to many that this will continue. Euphoria reigns all around, memes about Lambo and millions are everywhere, the smell of phantom wealth is in the air. Medium and low capitalized assets have the same trend.
Pump Altcoin Trends
But sometimes it also works in the opposite direction, like this year with Pepe Coin
In order to make a decision on investing in any project, you need to conduct research. Most of the information on the coin you are interested in can be found on the website, in technical documents, main analytics platform, social networks of both the project itself and different kinds of communities connected
A very important point is how to fix profit!
Let's say you allocated capital and bought 5 altcoins!
First, bitcoin begins to grow and correction begins
Then one of your altcoins makes a profit and you can fix part of the profit in bitcoin, that is, sell the altcoin not in usdt but in btc
You do not need to wait for a correction on this altcoin to enter again!
You can invest the second part of the profit by additionally accumulating a larger volume in an altcoin that has not yet shown results and is in accumulation
In parallel, bitcoin may also begin to grow, so you increase the profit that you have already recorded
Step by step you can increase your initial deposit just following the trend!
Promising Falling Wedge Pattern on $RIVNGreetings, Traders! Today, I'm excited to share a compelling technical analysis finding on the stock of Rivian Automotive ( NASDAQ:RIVN ). A falling wedge pattern has been identified, suggesting the potential for a bullish reversal in the near future. Let's delve into the details!
📈 Ticker: NASDAQ:RIVN
📅 Timeframe: Daily Chart
📊 Pattern: Falling Wedge
📉 Understanding the Falling Wedge Pattern:
A falling wedge is a bullish chart pattern characterized by converging trendlines that slope downward. Typically formed during a downtrend, it indicates diminishing selling pressure and the potential for a reversal. This pattern suggests the possibility of an upward price movement.
🔍 Identifying the Falling Wedge on NASDAQ:RIVN :
Upon analyzing the daily chart of NASDAQ:RIVN , the following observations come to light:
1️⃣ Recent downtrend: NASDAQ:RIVN has experienced a decline in price over the past weeks.
2️⃣ Converging trendlines: The upper trendline connects the lower highs, while the lower trendline connects the lower lows.
3️⃣ Decreasing trading volume: As the falling wedge pattern forms, the trading volume has been declining, indicating a potential reduction in selling pressure.
📈 Price Targets and Trading Strategy:
If the falling wedge pattern on NASDAQ:RIVN plays out as anticipated, a potential bullish breakout above the upper trendline might occur, triggering a reversal and potential price appreciation. Consider the following price targets:
1️⃣ Target 1: Resistance level near $100.00
2️⃣ Target 2: Psychological resistance near $120.00
🛡️ Risk Management:
Proper risk management is essential for successful trading. Implement the following risk management techniques:
1️⃣ Set a stop-loss order below the lower trendline to protect against unexpected price fluctuations.
2️⃣ Adjust position size based on your risk tolerance and overall portfolio management strategy.
🔔 Conclusion:
Stay vigilant as Rivian Automotive ( NASDAQ:RIVN ) continues to develop this falling wedge pattern. The formation suggests the potential for a bullish reversal in the near future. However, remember that technical analysis is not foolproof, and market conditions can change rapidly. Consider integrating this analysis with other relevant factors before making trading decisions.
Disclaimer: This post is for informational purposes only and should not be construed as financial advice. Always conduct your own research and consult with a qualified financial professional before making any investment decisions.
Happy Trading! 📈💰
#tradingview #technicalanalysis #fallingwedge #bullishreversal #RIVN #stockanalysis #chartpatterns #tradingstrategies #investing #finance #marketanalysis
Reversal Potential on $XLM: Falling Wedge PatternHello, Traders! Today, I want to share an exciting technical analysis finding on the cryptocurrency Stellar Lumens ( LSE:XLM ). A falling wedge pattern has been identified, indicating the potential for a bullish reversal in the near future. Let's dive into the details!
📈 Ticker: LSE:XLM
📅 Timeframe: Daily Chart
📊 Pattern: Falling Wedge
📉 Understanding the Falling Wedge Pattern:
A falling wedge is a bullish chart pattern characterized by converging trendlines that slope downward. Typically formed during a downtrend, it suggests diminishing selling pressure and the potential for a reversal. This pattern indicates the possibility of an upward price movement.
🔍 Identifying the Falling Wedge on LSE:XLM :
Upon analyzing the daily chart of LSE:XLM , the following observations come to light:
1️⃣ Recent downtrend: LSE:XLM has experienced a decline in price over the past weeks.
2️⃣ Converging trendlines: The upper trendline connects the lower highs, while the lower trendline connects the lower lows.
3️⃣ Decreasing trading volume: As the falling wedge pattern forms, the trading volume has been declining, indicating a potential reduction in selling pressure.
📈 Price Targets and Trading Strategy:
If the falling wedge pattern on LSE:XLM plays out as anticipated, a potential bullish breakout above the upper trendline may occur, leading to a reversal and potential price appreciation. Consider the following price targets:
1️⃣ Target 1: Resistance level near $0.40
2️⃣ Target 2: Psychological resistance near $0.50
🛡️ Risk Management:
Managing risk is crucial for successful trading. Implement the following risk management techniques:
1️⃣ Set a stop-loss order below the lower trendline to protect against unexpected price movements.
2️⃣ Adjust position size based on your risk tolerance and overall portfolio management strategy.
🔔 Conclusion:
Keep a close eye on Stellar Lumens ( LSE:XLM ) as it develops this falling wedge pattern. The pattern suggests the potential for a bullish reversal on the horizon. However, please note that technical analysis is not infallible, and market conditions can change rapidly. Combine this analysis with other relevant factors before making any trading decisions.
Disclaimer: This post is for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a qualified financial professional before making any investment decisions.
Happy Trading! 📈💰
#tradingview #technicalanalysis #fallingwedge #bullishreversal #xlm #cryptocurrency #chartpatterns #tradingstrategies #investing #finance #marketanalysis
Fendx Technologies Inc.The trend is your friend with FendX Technologies Inc. (CSE: FNDX | OTCQB: FDXTF | FSE: E8D) strong trend line shows good potential for long term trend to stay in a bullish direction the company also has a tight float #stocks #pennystocks #fndx #technology #richtv #richtvlive
Sponsored $2500 CAD @fendxtech
$CLF - to be prepared to be patientNYSE:CLF is a good industrial company with a long history and covers a full cycle of production.
Looks like it shows attempts to bounce of the historical bottom.
Would not like to analyze on the short time frames, cause I convinced, it will show awesome results, but only on the long period of time. This company is relevant for investors, who are ready to buy shares of the company with the stable business, just if it's in the bottom of the stocks market and being full of high level of patience with expectations for the amazing results.
It is clear, that trying to make some forecasts for so long time range - this is like shout to the aim, that you cannot see yet, but we can use a rules of tech analysis.
In this terms, I can predict 2 scenarios with 8-10 years of durability.
But before, I assume, this company should came from 16 to 8, approx in a year and after a slow and sustainable growth within 5-7 years it will have enough energy for the rocket show.
In scenario 1 potential is 8->48, +500%.
In scenario 2 potential is 8->80, +900%.
Honestly, I will not invest in this instrument due to this is not the industry, in which I'm interested in, but I would like to share a forecast for far away to check, either it will match or not with reality.
Mates, please, don't judge me for this peace of experiment ).
Does not constitute a recommendation
#investing #stocks #idea #forecast #furoreggs #experiment
SP500 - Compared to M2 Supply.I want to give you all a perspective on how low the corona drop actually was.
Most bears are calling for extreme lows but they don't really understand the M2 supply. Our bottom we had in 2022 was most likely the bottom of this bear market.
US came into a recession in april last year. The average recession lasts for 10 months. This makes you think.
New ATH in all indexes is most likely to occur in 1-2 years from here. The market top before a bigger crash might come 2025/2026 IMO.
We have gone up for months since the bottom and now when the bears have turned into bulls its time for the last shake out. I believe that we will retrace from here and go down during the summer and then continue up towards new highs around September this year.
Of course you can't time the market exactly, many different things can happen along the way. Buying long term assets at these prices and lower is absolutely a good idea. You will most likely be rewarded later on.
I hope you learned something.
Take care.
Harnessing the AI Revolution: A Powerful Surge with NVIDIA, GoogThe future is now, and it's coded in the language of Artificial Intelligence. As investors, we have a unique opportunity to be part of this game-changing journey. My personal story began with NVIDIA, an industry leader in AI and graphics processing. Acquiring NVIDIA shares two months ago was akin to boarding a spacecraft destined for new frontiers. The ride has been exceptional, with returns exceeding my expectations.
But, the vast landscape of AI is not limited to one planet. There's a whole universe to explore, and I decided to broaden my horizons. Hence, I ventured further, incorporating three other stellar entities into my portfolio - Google, Microsoft, and IBM. These industry titans are carving their paths, harnessing AI to innovate, and influencing global trends.
My portfolio is not just an investment; it's a belief in a future shaped by AI, a testament to a revolution unfolding right before our eyes. Join me in this journey, as I share my insights, strategies, and perspectives on navigating these high-tech tides. Together, we can capitalize on the industry that is relentlessly and rapidly shaping our tomorrow. Remember, the revolution might be digitized, but the rewards are very real.
CDN Maverick Capital Corp. This company chart looks very bullish over the last 8 months you can see a clear trend line up and they are exploring for Lithium in Quebec and Argentina
gbpusd monthly bullish outlooklooks like we broke the down trend and a consolidation pattern is occurring if this hit our alert, we will highly consider opening a trade to the upside for huge profits via long term.
Kirloskar Ferrous Swing Trade SetupThis will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
Price was in uptrend and then at ATH it was in consolidation from last 4-5 months and broke today with good volume support.
Nearby Support is now 478 which was acting as resistance. Once Resistance broke becomes support. If it sustains tomorrow or till this week then we can see good move upwards.
will try to buy if price retest this resistance or if there is any pull back near support of 477. and will buy with stoploss at 477. Target will be 515,520.
I cannot update charts or my ideas coz i don't have pro subscription i can only post additional charts if reputation level is above 10..need your supports who ever watch or agrees with setups i am posting. It will only take seconds.
Thanks everyone.
