Neowaveanalysis
JOE, with TP 1.111JOE has agreed on a price target range of 1.07-1.11 based on three major-to-minor trends.
Note: Observe that an interesting accumulation pattern and the liquidity line at 0.28
after JOE has completed its downtrend correction, as shown in the graph
Please be careful of the long upper/lower shadows behavior from JOE.
Trade safely!
RPL, the atlas upgrade, what's next?First, I have explained the reason for the current price decline after the upgrade.
Assume that the minor correction is now complete.
Based on the graph
there is a high probability that the price will drop back down to 44-45.
Please also be aware of liquidity behavior.
Have a good day!
2023-03-23 EU looking for pull back and long againThe euro currently seems to be in the B-wave of the daily rebound, and it is not yet the end. A better long point is the 50% pullback, which is just close to the daily turning line and baseline, and is also supported by the intensive trading volume area . Continue to wait patiently for the pullback to appear.
2023-03-22 EU intraday looking for chance to go long dailyThe Federal Reserve will discuss interest rates in the early hours of tomorrow, and it is expected that there will be large fluctuations. Everyone should be careful.
The euro is still the view of the previous weekend's unwinding. The key pivot area is around 1.066, which is also the POC in March. From the details of the day, the 50% retracement is at 1.065, and the trading volume at this position is relatively small. If the retracement reaches here, then you can pay attention to whether there is support. If you meet the conditions, you can continue to do more. If it falls below 1.06, the euro bulls will be in danger. . Before that, we still maintain the bullish idea of the euro daily line.
2023-03-20 EURUSD daily and weekly ideaThe good news of last Friday has already come out, so unless the Federal Reserve on the 24th is more dovish, it will be difficult for the market to continue to rise, at least there will not be too much room for growth. I see more foreign exchange, and the euro is a relatively obvious daily rebound. After the news of the Fed hits the ground, it is very likely that there will be another weekly correction. Especially the weekly support around 1.036
Of course, from a good point of view, the euro's weekly gains have already shown that the monthly rebound is about to start, but it is necessary to wait patiently for the timing and point of callback.
Personally, I prefer to observe the specific trend after the Fed's interest rate meeting, and avoid the sharp roller coaster that appeared during Powell's speech.
CAN CHINA BRING NEO TO 100 USD = YESNEO used to be a stable coin for a while, but recent trends in China suggest that it is gradually making a comeback. We will have to wait and see if NEO starts showing similar trends as Aptos did in the past, as the data seems to suggest.
It's difficult to predict the future price of NEO, but based on technical analysis of its volume and trend, there is a chance that China could give NEO a boost, potentially resulting in a price above $100 USD. However, for this to happen, NEO needs to break through the important $29 USD price point in the coming time.
Currently, data indicates that NEO is an interesting coin, with high volume. Given that NEO has always been an important coin in China, we can expect that China may be able to break out in the short term.
Most users that did buy NEO historically are from china.
There is a structure by HK that allow china companies to buy crypto
DXYIt seems that wave 5 is over, which can be a part of wave A or 1 of the corrective phase.
The index has reacted well to the areas determined for the completion of wave A and until the bottom of the hypothetical wave 5 has not been broken, this analysis is valid.
The red boxes are the ideal areas for the end of the hypothetical wave B.
Happy dollar days are coming..
Nifty Daily - Wave Count updateNifty wave count update
As soon as the channel was broken, it seemed that wave 4 had started. But when it went out of bounds and started going down again without starting wave 5, the picture became clear that this was not an impulsive wave. It did not follow the essential rules of Wave 4. ABCDE this triangle is being formed. The trend line has been drawn to confirm the completion of the triangle pattern. The subsequent impulse wave is expected to form a new top.