KO Coca-Cola and the E. coli outbreak linked to McDonald’sIf you haven`t bought the dip on KO:
Now you need to know that Coca-Cola (KO) could see a decline due to the E. coli outbreak linked to McDonald’s, as the two brands have a longstanding partnership, with Coca-Cola products being served widely in McDonald's restaurants.
Negative publicity impacting McDonald's could indirectly affect Coca-Cola by reducing in-store traffic, which may lower beverage sales.
Additionally, Coca-Cola's association with fast food means that consumer sentiment shifting towards healthier options could further impact sales.
If the outbreak spurs changes in public dining behavior, Coca-Cola may face a temporary decline in demand across other food service venues, potentially impacting its stock performance.
Outbreak
DERCUSD Potential Reversal , RSI Divergence + OutbreakWith Derace launching its full 'NFT horse racing metaverse' in October, I'll be sure to keep an eye on the price action leading up to this event.
In addition to releasing a bunch of tools for the community before launch, Derace will also focus on Mass adoption once launched.
All of these things will drive engagement up and hopefully reduce some of Derace's current bearish sentiment.
So fundamentally speaking, there is definitely some upside to be had...
On a technical level, we can come to the same conclusion:
1. Decreasing volume on Weekly
2. RSI Divergence
3. Curve-shaped Recovery
4. RSI outbreak --> Potential chart channel outbreak
5. 2 Month Consolidation around ICO price.
I would be really surprised if DERCUSD drops below 0.288 from here, but i could definitely be wrong.
Good luck!
Inverse Head and Shoulders As mentioned in the title, a possible INVERSE head in shoulders may be in play. What would need to happen is a price action very close to what I have drawn in red on the right shoulder and a retest of the neckline at around $430 resistance. If we can get these two things, I am confident we will have a breakout and a retest of the $452 resistance and gap fill level (with a brief resistance at $438. I will personally consider longs at $420
XRP/EUR explosive move incoming!XRP prepares for an explosive move as we approach the apex of the triangle.
Once we break the triangle, we can expect a price target of 2.50 EURO.
This price is reached by measuring the width of the triangle.
Of course w'll have to wait for an outbreak for conformation.
Possible 55% chance with Fonar (Fonr)Hello guys :)
As you can see we broke out of this beautiful falling wedge. Fonar could retest the black support again and then reach milestones like 20,00$ and 26,00$. Therefore I am waiting for a confirmation retest or outbreak.
Do your own research :
NOT FINANCIAL ADVICE/RECOMMENDATION
Bitcoin is going to breakout of rissing wedge!Now we are seeing that BTC is trying to come over 50k which will be very bullish. If you remember I posted a past months ago that I am predicting a run to 50k so if someone heard to me... Alright so buy BTC if you wanna make profits or trade this nice breakout after the retest...
bye hope I heldped you!
LOTS OF RESISTANCE FOR BITCOIN. WHAT NOW?CURRENTLY, BITCOIN IS AT A CRUCIAL POINT. WE DID FIND SUPPORT ON THE LAST ZONE AND GOT THROUGH THE 0.5 FIB LVL. THE 0.5 FIB LVL HAS PROVIDED A LOT OF RESISTANCE AND SUPPORT IN THE PAST WEEKS. BUT WE ARE NOT OUT OF THE WOODS YET. ABOVE US THERE IS A LOT OF RESISTANCE. STARTING WITH THE RESISTANCE LINE 1 AROUND 11500 $. THEN WE HAVE THE TWO TRENDLINES OF THE ASCENDING TRIANGLE, WHERE WE GOT REJECTED THE PAST DAYS. WE ALSO HAVE THE SECOND LARGE RESISTANCE LINE AROUND THE PRICE OF $12000. FINALLY WE HAVE THE LAST RESISTANCE LINE AROUND $12100, WE HAVE NOT SUCCESSFULLY BREAKTHROUGH THIS AND CHANGE IT INTO SUPPORT.
WHAT WE ALSO MUST NOT FORGET IS THAT WE ARE CURRENTLY IN A DESCENDING CHANNEL. THIS HAS NOT YET BEEN BROKEN. WE ARE ALSO MOVING BETWEEN 50 MA AND 200 MA. FINDING AN OUTBREAK ABOVE THE 50 AND 200 MA AND FLIP IT TO SUPPORT, COULD BE POSITIVE. HOWEVER GETTING AN REJECTION FROM THE 50 AND 200 MA COULD GET US BACK TO THE LAST ZONE OF SUPPORT. THIS COULD BE BEARISH IN THE SHORTTERM. THE MORE YOU TEST A ZONE, THE LARGER THE CHANCE THAT THIS ZONE WILL BE BROKEN. IN THAT CASE WE COULD SEE A PRICE TARGET AROUND THE $10500.
ON THE OTHER SIDE IF WE CAN BREAK ALL THIS RESISTANCE. WE CAN EXPECT A PRICE TARGET OF $13,300 TO $14,000. ONLY TIME WILL TELL US.