Get started

Potentialreversal

FLOKI ANALYSIS🔮 #FLOKI Analysis - Breakout 🚀🚀 💲💲 There is a breakout of Falling Wedge Pattern in #FLOKI. It's a daily time frame breakout and we will see more higher price in long-term. After a successful retest, we could see proper a rally  📈📈 💸Current Price -- $0.0001481 📈Target Price   --  $0.0003000 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #FLOKI  #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts
1
Gold (XAUUSD): Bearish Signals Hint at Possible Drop to $1000!Upon examining the monthly gold chart, it appears there could be a significant price drop, a secondary scenario in our analysis. We don't foresee a 50% decrease in the near future, though it's not impossible, especially if the market downturn affects all sectors, including gold. It's crucial to consider all possibilities due to market unpredictability, even a drop to $1000 per ounce. This view is backed by a bearish RSI divergence since 1966 and signs that we might be completing the first 5-wave cycle, which could reach up to $3000 per ounce but should not exceed this level. Currently, the apparent breakout seems to be a fake-out. Surpassing $3000 would mean our analysis underestimates the bullish potential. Elliott Wave Theory suggests Wave 5 might break out from the trendline formed by Waves 1 and 3, create a fake-out, then sharply decline, aligning with our secondary scenario for gold. We plan to further explore and outline our primary scenario in the next section. Anyway, when closely examining the 12-hour gold chart, we primarly anticipate a continued upward movement rather than a sharp downturn. We believe that the minor Wave 1 has concluded, and we should see a retracement to the 50-61.8% Fibonacci level, where we expect to find support at the High-Volume Node. The recent upward trend has been quite extreme. Therefore, we predict finding support between $2,200 and $2,130, before potentially breaking through the $2,500 mark, which we expect to coincide with the completion of the major Wave (3) or minor Wave 3.
OANDA:XAUUSDLong
by freeguy_by_wmc
iRobot losing momentumIt was only a small doodling for fun, however as I took a closer look and checked other details I come to the conclusion, that next week going to be a very important turning point for IRBT shares from a technical stand point. I want to see this share succeed, because I absolutely love their products, but based on the highlighted potential downward trend and the slowly dropping volume, I think another big drop is very likely for IRBT next week. Unless IRBT or the US market in general get a major positive push from news, I don't think this share has any more growth potential for now. I'm currently staying neutral on the subject and wait if the share price can break out upwards or downwards to confirm or ease my fears.
NASDAQ:IRBT
by SilentCapitalist
AUDUSD : two breakdowns = first indications of weaknessThe AUDUSD pair is inside an upside trend, since June 2016. Higher tops and higher bottoms were defining that trend. Currently, there are the first signs of a potential weakening bullish dynamic : - The pace of the progression is slowing down , as shown by the break of the ascending trendline support. This was the first signal that should have raised our attention. - The previous short term bottom (0.75576) has been broken too . These two elements happened on the same day. The next step to see if the AUDUSD is really constructing a reversal is the support at 0.75065, which is reinforced by the 200 days moving average . If that level had to be broken too, we would be looking for short term bounces to find opportunities to enter short on that pair. Stay tuned, and feel free to leave a comment with your opinion
by AlexandreNygal