BTC WEEKLY ANALYSIS 11/10Analysis:
Looking at the weekly chart, I would say it's too early to find an entry whilst price is still consolidating. Once we can see price breaking out of zone we can look for a retest confirmation.
To consider:
Overall history is very bullish.
Currently in bear market.
Crypto regulation nearing.
SMA crossing but no clear indication.
Limitlesss
ASX.GNG GR Engineering FirmWest Australian based engineering firm designing and constructing mine processing facilities for some of Australia's biggest mining companie s.
Huge growth potential shown in the 1W chart.
ST
from here we should rely on support around the 1.60 area.
I think we should swing somewhere in the region of 2.00 which is the 0.382 retracement of wave a-c
ASX.BSE Base Resources ASX .BSE Base Resources
Target longer term to fill out the flat corrective formation= also known as double top
Projection is 1.00 Fibonacci expansion and it fills out pretty nicely as a scenario. If all goes well of-course.
Progression upward from this point is the key performance indicator for the trade to be successful.
AX.SZLHello investors
were hopefully starting to see the bottom of the correction. in line with the opportunistic bullish count of the Nasdaq and tech indexes which are all oversold and edging to push higher. if if only a corrective wave (2)
cheers
limitlesss
AX.OZL Oz MineralsHey investors,
Gearing up for the future
Long term outlook for the company is great. technically it has a long way to appreciate from a wave perspective
regards,
Limitlesss
AX.NST Northern Star ResourcesHey investors
Setup in the GDX and GLD at the moment is begging for gold miners to revert back into an upward cycle
Technically we have enough waves down to consider the formation complete and divergence is coming through stronger as the days pass
NST is one of those stocks. ASX listed
All the best. Please hit like and support the ASX listed traders on TradingView
Regards,
Limitlesss
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WSA Western Areas NiChannel bound and trending
good entry position with trend as stop loss to reduce risk exposure
highly exposed to nickel price
lost cost producer