Possible
BTC WILL BOOM ... FOR SHORT TIME ....!!!!!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
We can see how the price shattered the triangle resistance line on the 3H chart.The resistance line became a support line after the price broke through it.Within a couple of hours, the price retests.The price has the potential to return to the resistance level following an anticipated retest; consequently, I have set our objective at 17.4k to 17.6k.This is my opinion, and I sincerely hope that it will be of use to you.
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GBPCHF could try to break the long lasting trend...or notGBPCHF is really undecided nowadays. It has a long lasting trend to fall since the January of 2000. Now it has formed a giant triangle bottoming at around 1.18. Now the Bank of England is in a rate hiking cycle while the Swiss National Bank does not indicate a rate hike any time soon, so a strengthening of the pound is very likely. Besides that, the shockwaves of Brexit are slowly fading, Boris Johnson and his administration set a clear path for the economy (hopefully a good path), so everything is in order, in theory.
On the other hand, the war in Ukraine, the sanctions on Russia, the supply chain problems and the UK's firm anti-russian position and rethoric bring some uncertainty to the equation. On the long run I expect a possible break-out attempt to the upside, targeting the upper end of the falling yellow falling channel firs (around 1.247), then the upper end of the blue triangle (around 1.26).
Be cautious! The other scenario is a rapid fall to the bottom of the channel (1.194), then to the bottom of the triangle (1.18).
Follow me for more updates on the pair and other assets.
Don't forget: money is weird and unpredictable, so plan for all possible scenarios and hedge your positions!
SDAO Possible Long SDAO did a nice all time high at September, was overbought, and now had a big correction, we have some confluence at that support level, so i believe that we gonna reject it and resume our uptrend, gonna update when we breakout our minor down trendline
ADAUSDT Small Analysis| Cardano Long EntryHello, traders!
Today we'll speak about Cardano. As usuall, wuthout extra words have a look at the chart.
Wedge has already been broken above thus we are about to see a huge growth in my opinion. This broke is accepted by bullish divergence with Chaikin Oscilator. Thus, you can see possible trade on the picture. While I'm writing this words the price is growing. Don't waste time guyes and enter.
As you know, you should make your own analysis to boost your trading skills but not follow my thoughts blindly.
EURUSD: Uncertainty Reigns !On EURUSD, price has formed a possible channel on H1 timeframe as it went below the demand zone (1.19). All fundamentals let us think that the bullish scenario isn't gone. However, more confluence is needed on this to take the right decision.
A possible scenario: Could be that price touches the upper trendline, dive back in the channel and breaks the upper trendline with many bullish candles. Then and only then a BUY can be activated as the impulsive phase would have begun.
Until then, Trade Safe and best of luck !
$BNGO can reach possible reversal point soon! Previous days, we saw massive correction on markets, that made BNGO follow overall market sentiment, which somehow made the stock change its direction from short-term price targets ( Targets which were strengthened by company news, technical indicators, trendline analysis, and Elliot waves analysis). During downtrend, stock reached its weekly support on EMA's and bounced back. For now we see possible reversal and breakout points to be watched. BNGO finished patenting its product and also acquired sales strategy and lots of positive news are dropped around it. Maxim analyst Jason McCarthy that was an early champion of the cytogenetics specialist, he believes the platform is in the early stage of its usage and its potential is only stating to be recognized, one month after he updated current trend price target to 14$ once again. Check Bngo official website for all the main news.
Currently on 4h chart, we see BNGO is under 50MA but above 100MA, which explains its situation a lot. We see main break out line and areas that needs to be watched are highlighted on the chart. The price first needs to break out from current main resistance that it will meet soon. If happens so, MACD and 50MA will react on it instantly giving buy signals. Later if other resistances are broken easily we can see price going higher and higher.
If it doesn't go bullish FOR SHORT TERM because of market situation, again same areas can act as supports.
+ Also keep in mind to watch overall market and economical situation if you are holding BNGO for short period.
not financial advisor// do your DD
AMD Major Bear Swing Target $55 AMD one of the best performers of the year hit a 2.272 fib extension on the monthly previous swing in '06-'08
Bearish divergence formed at that extension perfectly on multiple time frames Weekly, Daily and 4 hr.
Could have a head and shoulders top/into a descending triangle possibly with a measured move of around $ 59-53
Fuck ur calls bruh not financial advice these are just my thoughts
STILL GOING!! EUR/USDWe are still climbing but be aware of the possible head and shoulders forming!!!!!
OANDA:EURUSD
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Disclaimer
The material and information contained in this analysis is for general information and educational purposes only. You should not rely upon the material or information on any of my analysis as a basis for making any business, legal, or any other decisions.