SNA is a stock that lacks attention but has growth potential.That's a good trading opportunity if the price retraces to the $170-190 price level.
Picks
XAUUSD (45m) price pullbackThere are two strong support levels in the chart. While price gains are expanding but potential pullbacks are also present at the same time. It is not advisable to pursue bullishness in the current trading plan unless you have a clear profit target.
XAUUSD Will they cast a vote of no confidence in Russia?XAUUSD broke out of its consolidation zone on the news that Russia declared war on Ukraine and seems to be on track to test higher price levels $1975-1982 . As long as the price is above the green support zone, the bullish momentum is likely to continue for the rest of the month.
Also according to reports: various representatives of NATO members will hold an emergency meeting on the situation in Russia and Ukraine; the German Chancellor demanded that Russia must immediately stop its military actions.
I think it is a fact that Russia started the war. There may be some retracement correction after the price rises. The situation is still unclear, and we investors need to pay close attention to the statements of all parties and their actions to determine whether the situation will continue to escalate. If NATO or the United Nations cast a vote of no confidence in Russia because of security interests, it may lead to an uncontrolled deterioration of the situation.
Earlier analysis:
BTCUSD AnalysisBitcoin has retreated again as the crisis intensifies and risk appetite declines.
Given the great uncertainty of risky assets, the market is still dominated by those who are reluctant to increase their holdings. This led to a lack of liquidity and a wave of selling.I see "decent resistance" at the $40,000-45,000 price level as the geopolitical crisis will prevent "significant gains" in risk assets.The gray area in the chart will be the price zone to which the price will potentially move.
ETHUSD Trading Analysis and Anecdotal InsightsOverall, ETHUSD price is stable around $3,000. If ETHUSD pulls back lower, it could get support near $2,900 in the short term. Instead, it could rise to the $3300-3600 level.
The U.S. may come closer to regulating stablecoins.
The proposed bill would introduce a new "qualified" designation for stablecoins that could be converted to U.S. dollars on a one-to-one basis as needed. These qualified stablecoins could only be issued by banks or non-bank institutions that meet certain requirements, including rules set by the Office of the Comptroller of the Currency.
Issuers of eligible stablecoins must maintain at least 100% reserve asset backing, which will take the form of U.S. dollars or other assets in cash equivalents as deemed appropriate by the OCC. In most cases, these include highly liquid, short-term U.S. dollar-denominated debt instruments, such as U.S. Treasuries.
One of the biggest concerns regulators have about stablecoins and stablecoin issuers is the quality of their backing and the potential for a "bank run" that could threaten the stability of the broader financial system. Under Gottheimer's bill, stablecoin issuers would either have to obtain a banking license or keep their reserves in segregated accounts at regulated banks. This would significantly reduce risk to users and the system as a whole, but it would also increase centralization and limit competition in the space.
Interestingly, why do all the so-called "innovations" need to be tied to dollars? Oil, gold, cryptocurrencies, web 3.0, etc. Will you think deeply about it!
TWTR Predictions"Twitter ( TWTR ) reiterated its 2023 revenue outlook of $7.5 billion" I have my doubts. While its financials look to be in line with expectations, the stock is down 53%. When the company gave an ambitious revenue vision, it was clear that investors weren't buying it, and the stock dropped one after another, and they have cast a critical vote. We have reason to believe that the stock will consolidate at the $25-48 price level for a long time.
AAPL Trading Plan
I would see a lot of buying action going on if the stock falls to $120-$155. Because I think a company with enough cash reserves, it will be well protected against risk. You'll find the pattern in the chart and I hope it works.
Buy $120-155
Stop loss $99
Target X
NVDA bad shapeAt the moment I don't think it's wise to go long in the C zone because sometimes price volatility can be amplified in a market pessimism block and the support level in that C zone will be unbearable in the face of a trend reversal.
Where to for XAUUSD ?1)U.S. inflation hit a four-year high of 7.5% in January, exceeding market expectations.
2)Fed officials made hawkish remarks, reinforcing the case for a 50 basis point rate hike in March.(Is gold about to fall in the Fed's rate hike cycle? Obviously it is not going to happen)
3)The dollar may have more upside amid rising inflation and wage pressures.
BTCUSD has seen interesting trading patterns recently.Will this be the next move path for BTCUSD? BTCUSD price is blocked at $45000-47000. when BTCUSD rise is rejected, it may test $39000-40000 levels downwards in the short term. Instead, it may stay above EMA200, forming a converging triangle.
Where to for BTCUSD ?Why is BTCUSD likely to fall below $40,000 ?
The link at the bottom checks my trading plan.
ETHUSD Start Of Bear Market Or Bullish Consolidat ?Sell $3100-3350
Stop Loss $3650
Target $2800-2900
BTCUSD Trading Plan (Short Term)BTCUSD is back in popularity, so why short it? From technical analysis it can be judged that the price is in the dump of the supply zone, and entering a trade at this price level is worth risking for, although the risk-reward is relatively low, but the win rate is high and the risk is manageable. How would you set up your plan? Leave a comment in the comments section.
The link at the bottom checks my trading plan.
NVDA ChartThe charts give me new inspiration. However, I still need more time for analysis and believe I can develop a trading plan with a higher winning rate.
BTCUSD AnalysisBTCUSD price is in a rebound correction period after a sharp decline, and the foreseeable scenario is that the price will consolidate in the $35,500-39,500 range.
EURUSD Potential ScenariosPrices are again looking downward for lower support levels and if there is no strong price rebound to reverse the trend, then market sentiment will deteriorate again.
BTCUSD if there is no recovery waveWithout a recovery wave above $44,600, BTCUSD will likely continue to fall. For now the price will swing back and forth around the $42,000 pivot point and the shorts are still active. BTCUSD price will expose more shortcomings if it fails to recover to higher price levels and we have reason to believe that the short-term price action will be less than ideal.
Possible scenarios
1) Price rallies to around $44600 and we choose to go short with a target of $35000-37000;
2) Price drops quickly at the pivot point of $42,000 to around $37,000.
earlier analysis
XAUUSD Buy Low Sell HighThe most suitable trading strategy when prices are consolidating. You will build wealth quickly and your profits will be substantial.
If my prediction is correct, please pick me. Your support will help more people benefit.
