Executive Summary: In Tuseday's market session, we observed a 5% increase in the price action of NASDAQ:RUN , which, as expected, triggered a minor retracement due to typical market dynamics. However, our focus today is on a highly significant order block zone, spanning from $14.13 to $14.90. After nearly a year of dedicated study into the behaviors of major...
My thoughts on Don-Key Finance after the possible 2023 XRP win and BTC 2024 halving. This is of course all speculative and not financial advice as everyone should do their own due diligence on any digital asset whether it is a DEFI or other type of platform asset. Defi is not going away and so far Don is still very much alive and already down a whopping 100%. Many...
I am new to technical analysis, here is a chart i created and my thoughts, please take a look! I see that we are in a 8° uptrend with valid support and resistance lines. these lines have been hit multiple times. we have touched a resistance line that might push the price back down, staying within the 8° trend. i would be looking for a second push to or past the...
GBPUSD Update Flag-Power: 2 strikes on lower parallel = Hot Sterling stood up well yesterday: the flag was telling us way in advance of the FOMC meeting today. Up from 1.3304-1.3312 entry levels it's up about 100 pips so far out of the 500 pips minimum upside target here, at 1.380 and higher. Look to buy dips here with a near term upside target at 1.3502/the...
The bulls are on steroids. Brought price back above 7.5k after a double top. Things could play out in many different ways from here wait for confirmation!
USDJPY A battle royale is raging between these two heavyweights, caught between the lines of near term support and resistance shown on the chart. The fight could go on until Thursday at this rate when one of those two lines should finally give way... It's OK to buy at 113 (with a stop no more than 20 pips away) but would still go flat again at 114.30-114.50 as...