XAU SetupBreak of structure from the up to the down side
Significant push up maybe, gold is pretty volitile
entry at the 382 retracment, stoploss at the 50
Movement
ADAUSD Stagnant At SupportSo I am currently neutral on ADA at the moment. We are sitting at a point where ADA is showing bearish signals but there has not been a confirmation of a lower low yet. The price is sitting at a support which normally brings buying power from bulls, yet we see nothing. The problem is the lack of a higher high. Bulls do not feel comfortable buying at the highest support level with no confirmed higher high and because of this bears are starting to take control. However, this can always change, but there will need to be a signal to the bulls that brighter days are ahead. I believe a price move is right around the corner. Obviously, I have alerts set all over the place just in case I miss something and you should too. Personally, I think we are going to see a lower low soon. However, there is always the chance that news will come out and change the sentiment and give the bulls revitalized momentum. The important things to note from this chart are: there is less and less buying power at the support level, the price is riding the slumped 200MA, the price is trading sideways, we have lower highs, a price move is likely around the corner. If you want more details on why I feel this way, take a look at my breakdown of the 1D chart in my last post. Keep in mind this isn't the end of the world for ADA, pullbacks happen all the time and trends shift. This is completely normal for the price movement of any asset. To be quite honest, I look forward to new buying opportunities. I plan on holding ADA for at least 5 years so if I can add to my collection at a decent price, so be it. I should also mention that the crypto market as a whole does not look bad at all. I believe the bearish sentiment towards crypto has been weakening as time passes by, but I will get more into that at another time.
Now for some good news. As a person who follows ADA closely, I know that the adoption of the platform will happen very quickly with the release of smart contracts on the 12th of September. In fact, I think it was built with such a great foundation, I might just do an entire post on the fundamentals of Cardano sometime in the future. Pretty soon, we will see NFTs being created, DeFi, applications being developed, and overall strong adoption of the ADA blockchain platform as a whole. If there will be any immediate reason for ADA to move higher, it will likely be news coming from the summit on the 25-26 of September. So I would keep an eye on their twitter accounts around that time.
Again, I apologize for having less time to post at the moment, but that will change in a couple weeks.
I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it.
Tell me what you think?
This is not financial advice. DYODD.
grantee short for bitcoin WITHINTHENEXTWEEKSO, this chart may be a little hard to read. However, price may push up to the blue dotted line or the dark line before dropping. In contrast, as soon as price breaks the yellow ascending line... SHORT SHORT SHORT!
about Turkey stocks i say that ENKAI WILL MOVE UP I recommend hold this trade at this levels9.00@8.95
and thanks me later guys
Incoming bounceI am more bullish in Theta more than ever, the indicators(MACD) indicate that we are running out of steam in the current movement to the downside and now it is flashing a bullish divergence. Be aware that it may be a strong movement to the downside in order to liquidate highly leveraged long positions.
$AMD is sitting pretty right now*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Steadily increasing semiconductor demand due to current shortage will leave $AMD with fat profits during the next few market quarters.
After correcting from its all time high of $99.23 $AMD now sits at $81.56.
My team has opened a position in $AMD on 6/10/21 at $81.10 per share and have our first take profit at $90. Our stop loss is set at $76
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$GORO is where our moneys going*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team has been analyzing $GORO for the past couple months. We have been anticipating the stocks 4.5% dividend which records on 6/14/21 with a payout date of 6/30/21.
We're long in gold and silver (which are produced by $GORO) this summer due to the US dollar continuing to weaken.
We opened our long position in $GORO on 6/8/21 at $2.85.
Our first take profit is at $4.90.
If you want to see more and get in on our highly precise entries when they happen, then please like and follow us @SimplyShowMeTheMoney
$CHPT June Update*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team has been swing trading EV sector tyrant $chpt for the past couple months. In this time-span it has continued to bounce from its $20 support zone . The potential is undeniable for an established EV company like $chpt. There is also an impressive amount of option calls which suggests bullish confidence.
We recognized the bullish price action of $CHPT and averaged up from our original entry of $22 at $24.35 on 5/30/21. From their the price moved further up and now rests at $28.31.
My team has increased our previous take profit target of $31 up to $37.
Is $BABA taking one last nap?*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team remains confident in the long-term success of $BABA (unless fined to death by China), but is it ready?
My team isn't too confident in the short-term price action of $BABA. We believe that the e-commerce giant needs one more push down before finally being ready to hit our long-term target of $260. In the meanwhile we're setting a sell order for $BABA at $206 and selling down to $190.
Although our short-term confidence in $BABA is poor our original buy entry at $207 will remain (view previous posts for more info). These buy entries have a trailing stop loss of $208 to avoid taking any losses on the trade before our sell order activates.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$CLF closing in on the finish line*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My teams original entry for CLF is at $13. We averaged up on 5/23/21 at $18.06 and now the stock currently sits at $22.57.
Our first take profit remains at $24 (which should hit fairly soon). Once we reach TP1 (take profit 1) we will trim our positions and then close the trade at $27.00 TP2.
Congrats to those who took this trade with us.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
VIRGIN GALACTIC HOLDINGS (SPCE) IS IN STRONG BULLISH FORMATIONVirgin Galactic Holdings Inc (SPCE) is in strong bullish formation after completed the third spaceflight and the first-ever spaceflight from Spaceport America, New Mexico, launched on May 22, 2021. The share price rose by more than 140% in less than a month after it hit the strong support level of 14$ per share. The Unity vehicle (the carrier plane), with pilots Dave Mackay, powered to a height of 89km (55 miles) and then glided back down to Earth. The company has more than 600 paying customers – including movie and music stars waiting to take the same flight. But they will get their chance if US Federal Aviation Administration fully licenses the spaceship. The company had problems with interference issue, which aborted a previous flight in December. Following the worse than expected financial results in February, Sir Richard Branson (the founder) and four entities sold 5,584,000 shares of Virgin Galactic between April 12 and 14. The share price drop to 14$ per share – Covid-19 pandemic levels, which pandemic inflicted damage on the whole travel business. But during the last month, the stock's performance is more than reasonable, and the strength of the upward movement shows no sign of weakening.
After the rebound from the intense psychological level at 14$ per share, the price breakthrough 23.6 and 38.2 Fibo resistance levels, and yesterday closed at 50.0 Fibo level and very close to 35$ per share. If impulse upward movent will continue and breakthrough 50.0 Fibo level, it is possible to test 61.8 and looking for the high from February this year. In another way, the price may test back again 38.2 level and confirm it once again as a support level already.
BTCUSD 30M UP 56-60 AreaI have nothing to say but the picture lmao you really thought they would let btc drop like its hot snoop doggy dogg?
Here are some thoughts:
Why do you think every company is going crazy for btc ? because its overpriced??? yes or no
ok after this question I have solved many question in your life.
greetings, your pro trader from binance xD, lmao.
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On the analysis we could hit 56k in short term, is this the bottom? could play out mandems, this is the shakira shake out to kick all retailers deep in the balls, so they all leave positions. But I am retarted as f. The hands are made of steel and the balls out of diamonds. I expect a pullback ofc. retest or whatever on da 30m after a pimp to 56k 60k.
I can be fully wrong with the 30m short term call, no financial advice.
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What I do care is fokin holding, hold my mandems dont get distracted by shakira shakes. BTC targets are very high, very very high... you will be surprised bears.
BTCUSD Double Top Short OpportunityHello, everyone! Bitcoin is now in an established downtrend so as far as meaningful movements, we are only looking for shorts.
$BTCUSD is testing a key S/R zone's lower resistance level for the second time, creating a Double Top formation.
MACD Momentum somewhat supports large bear move in the hourly time frames.
Expect to see price reach recent level of support.
Post- Speculation: One price reaches this level expect a 50% pullback (of the size of the trade) at a level of support, then a trend continuation to the downside; looking to hit $42K, another major S/R zone.
YFII falling so hard and there aren't buy walls at Binance. SELLIf you have YFII, sell right now, and buy again when price touches $1400 (if there are very good buy volume) or $1100.
ETH / USDT - expect impulse price movement!Hello dear traders.
ETH / USDT is under consideration - be careful about the levels 1260 - and 1170, they will show you the further outcome of the price.
I expect impulse.
Now I am expecting an impulse price movement .... because the boundaries of the triangle are compressed.
ADA short term update.ADA couldn't break 0.176$ resistance and fell into lower range of 0.15 - 0.16$. We broke our 21 EMA support turned resistance, all of which is bearish.
However, if we can make support here; ADA would be set for a HL to go back and retest 0.176$. This would help make the case for a short term bullish ascending triangle. Just have to see if 81 EMA holds support. If it fails to do so, and we go down to our lower range of 0.13$, then we might be more than likely to complete a bearish M pattern.
Daily Wisdom 52 - IDK and IDCPeople's opinions seldom lead to profitability. Or sanity for that matter.
USOIL. Nice and crisp Technical no lagging data here Might move down slightly before going to the Moon.
BITCOIN ready to explode?!!BITCOIN stayed in range almost 100 days, It's time for this market to make huge movement to the upside.
First target: 11775, Second Target: 14000, Third target: 20000
Parabolic moves breaking Chart PatternsThe rising wedge will continue until a new pattern forms.
Explains on chart
An observation
VERI a quarterly gainer,rising +600.94%.Expect Uptrend reversal
Veritone (VERI, $14.86) was one of top quarterly gainers, jumping +600.94% to $14.86 per share. Tickeron A.I.dvisor analyzed 156 stocks in the Packaged Software Industry over the last three months, and discovered that 147 of them (94.49%) charted an Uptrend while 9 of them (5.51%) trended down. Tickeron A.I.dvisor found 204 similar cases when VERI's price went up 15% within three months. In 161 out of those 204 cases, VERI's price went down during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend reversal for VERI are 79%.
VERI enters a Downtrend as Momentum Indicator dropped below the 0 level on July 02, 2020
This indicator signals that VERI's price has further to drop, since it moved below its price 14 days ago. Traders may consider selling the ticker, shorting the ticker, or exploring put options. In 44 of 47 cases where VERI's Momentum Indicator fell below the 0 level, its price fell further within the subsequent mo
