$MRVL neutral outlook after its earnings #StocksThe PEAD projected a neutral outlook for $MRVL after a negative under reaction following its earnings release placing the stock in drift D
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Neutral
DOTUSD - High risk.Red line- major resistance
blue line support (low target if short)
W pattern shown
Green line high target if long and maybe a higher move from there.
I've noticed high demand for dot tokens and no supply, but its not just dot. In matter of fact almost everycrypto is on low supply high demand , yet prices of these alts are not moving,my guess is people placed their orders above or below certain price leves , thus not affecting the market price yet also probably because BTC faced the prehistorical 2013 resistance support line around 60k(still resistance for now) , which should be now around 65k.
almost every crypto right now has bullish signs , W patterns, Inversed H and S yet nothing is really moving - the reason in my opinion is -
people margined their positions- talking about min 10x margin of their capital on a asset, with that being some of them shorting it - supplying the market thus price goes down or the opposite- they bought and have put a high order above the resistance line so that they can get a more clear less risk profit .
(the no supply idea came to me yesterday, because alot of cryptos when trying to margin either long or short you would get a pop out message - try again later no dots right now (for example) .
My position is neutral i will wait for confirmation and see.
I also think this simple chart applies to most cryptos .
not financial advice just bananas ktnxbye.
$SQ with a neutral outlook following its earnings #Stocks The PEAD projected a neutral outlook for $SQ following a negative under reaction after its earnings release placing the stock in drift D
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$KKR with a neutral outlook following its earnings #StocksThe PEAD projected a neutral outlook for $KKR after a negative under reaction following its earnings release placing the stock in drift C
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XRP STUCK. What can happen next?On the daily graph Ripple after H&S formation tried to break resistance level, but failed.
For now market stuck in a range, from which it is possible to break out one of the two key levels (support or resistance) can be broken.
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This is NOT a FINANCIAL RECOMMENDATION. This is just my point of view on the current situation.
[Market Breakdown 5] AUDCADAUDCAD is also looking good for shorts as we are sitting in a major Sell region.
You can see what this zone has triggered in the past.
We have a Monthly -27 Fib completion and we are rejecting this zone for 3-4 months already.
Price is really struggling to break above.
Main bias is of course bearish in this case.
[Market Breakdown 5] NZDCADOn the Monthly chart you can clearly see that we are sitting in a Supply & Demand region, acting as resistance.
This is a zone where our main bias will always be short.
You can see what this zone has triggered in the past.
Also we have received a solid bearish candle on the Monthly chart.
These are indications for a possible short set-up.
$BBY with a neutral outlook following its earnings #StocksThe PEAD projected a neutral outlook for $BBY after a negative under reaction following its earnings release placing the stock in drift D
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$TGT with neutral outlook following a its earnings #StocksThe PEAD projected a neutral outlook for $TGT after a positive over reaction following its earnings release placing the stock in Drift B
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$VRTX with a neutral outlook following its earnings #Stocks The PEAD projected a neutral outlook following a negative under reaction after its earnings release placing the stock in drift D
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$LBRDA with a neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $LBRDA after a positive over reaction following its earnings release placing the stock in drift A
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$CRM with a neutral outlook following its earnings #Stocks The PEAD projected a neutral outlook for $CRM after a negative under reaction following its earnings release placing the stock in drift D
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USD-JPYim still not sure about this one if it will go up when it hit 106 or maybe it will go lower but i know for sure its going down first so lets wait when it hits 106 and we will see from there to go long or short
please share you're toughts on this one
-- dont take it as financial advice im still learning and i can't predict the future no one can!! --
[Market Breakdown 4] CHFJPYIf you see this Monthly chart, it's obvious that my main bias will be Short for this one.
You don't want to buy at Monthly highs or a zone full of Sell orders waiting to get filled in.
We have rejected the Monthly S&D zone and we have completed the Monthly -27 Fib.
These are indications for a Short set-up.
Is it possible to break this zone to the upside? Yes of course, but it would require a lot of power.
$WTRG with a neutral outlook following its earnings #StocksThe PEAD projected a neutral outlook for $WTRG after a positive over reaction following its earnings release placing the stock in drift B
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CROUSDT/1DAYWe have two scenarios for CROUSDT.
1st of all if price will be able to breakout from resistance and we see possible pullback (bullish candle is good signal) then price will rise like you see (1.618 is strong zone for trend reverse and we have also another resistance here, so you can tp before price going to kiss them)
2nd scenario will happen if price won't be able to stand above of its resistance. You can see the price trip for this scenario. I think price will drop to its strong support zone (Consolidation area + Fibonacci zone + Up trend).
Support zone will be able to reverse our trend and I think price will kiss again its resistance and maybe going to pullback above it (a long signal).
$DISH with a neutral outlook following its earnings #StocksThe PEAD projected a neutral outlook for $DISH after a positive over reaction following its earnings release placing the stock in Drift B
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