ME
Price Action to accumulate Magic Eden before Explosion! -14.5M BMV:ME blocked on Staking
-46k Staker Users.
-First Stake Reward will be given in 3Months. (Unclaimed tokens 17M + 70M Airdrop)
Crash is slowing down, I start my accumulation phase at 2.80$ and I will keep making fractional buys if the price stays bettwen 2.80$ to 1.90$ where I do believe it will be the very DIP of BMV:ME
Magic Eden SWING LONGThe price has finally broken the downtrend line, signaling a possible shift in market structure. I plan to sell at $33, a level that aligns with the 1.618 Fibonacci extension.
Stop Loss: Below recent lows.
Maximum recommended leverage: x5.
for the moment the breakout is positive, a rally or increased volatility before reaching the target would not be surprising. Risk management remains crucial.
ME (Magic Eden) Bulls time!The ME chart is interesting, initially there was a lot of selling pressure from people who received the airdrop, causing the price to drop from $8 on Binance to $4.90, but it then made a double bottom near $ 5 and is now showing strength and trading above the moving averages on 15 minutes timeframe.
If volumes remain this high, I believe the price will rise in the coming days, I liked the risk reward.
Gold buys after break of 1642.00 Daily/Weekly retracementWe have had our fun selling gold as i have but theres a lot of money to be made on both ends as i believe after the break of 1642.00 we can have lower timeframe retracements that can lead us all the way up to daily supply zones @ 1665.00. Still Bearish, just short term bullish IF break occurs. If not we can continue to sell gold to 1600 and lower.
$BTC daily time frame I was taught that when the price makes a false breakout from a channel, the price will retest the other side of the channel.
In this moment the price is not diverging(on this TF) and more downside looks promising.
I expect also a false breakout from the big channel/big fib level before continuing to the upside.
The green path drawn on the chart is a little exaggerated(but not impossible)
Crypto is not my happy place so don't believe what I'm saying :)
$nikkei k.i.s.s analysis looks like Nikkei likes a lot to trade in a range/to form channels
there are two possibilities in my humble opinion:
red path is the safest one: wait for the retest of the support and after that give it a try.
green path: if you believe that the stock market worldwide will have a sharp turnaround, combined with the support confluences.
if I add value to your trading path, please like this post and follow me :)
Looking For a Discount Mexican IndexAs interest rates rise in méxico, stockprices should be negatively afected termorarly. Meanwhile the market ajusts to this change. Although this shoudn't bring the Mexican economy to a halt, it's still offers the posibility of price moving lower, allowing for a purchase at a discounted price. This is a long term investment, hoping to get in at a lower value in order to increse short term returns, while the plan is to keep holding the index indefenetly.