using the theory of cycles within cycles and repeatable patterns (fractals) we can anticipate high probability trade setups that may develop and play out with speed. This leads to low stress easy money
Merely an update to my previous idea. And well... I started this idea before the bell, and it was $3.51 at the time. It's now $2.01 post as of typing this but that will be different already. I think I will just post this as is, because it's moving too quickly to make any rational conclusions. To be noted, every time $15 was broken, the market dumped it below...
General Market Update Stock market uptrend continues to show strength and shrugged off Big Tech losses. The stock market made a show of strength by surging despite disappointing Big Tech earnings reports. But it is still too early for investors to be getting excited, with another Federal Reserve meeting rapidly approaching. The Nasdaq composite turned in a 2.9%...
Western interest rates starting going back up in the end. Looks like the whole "new paradigm" is over. Money is not free anymore. To sum up: - Boomers got 110% of the wealth (other generations are in debt), they are aging and getting more conservative, covid got them even more scared and conservative (risk averse); - Generally investor outlook on the economy...
This is base on Bitcoin Halving Event. The next one is said to happen early 2024. What to watch out for - If we do not break 50k and re-test it again.
How's it going, Alkalites? We have seen Bitcoin recovering after wicking from our $31k technical level. It is starting a bullish movement, but it may struggle crossing the EMA200. Let's see if we can find some reliable futures set-ups today. See you later, Alkalites.
Presented is my 1 hr chart set up for DXY based off support and resistance. As you can see I target whole numbers that play true in psychological zones. I sentiment a bull push to target 90.200 and then 90.500 with a push to breach for continuation. Indicators are current towards a bull run as MADC?SIGNAL is correlating high volume with lines crossing in the...
Overall trend: Bullish on Daily, Bullish on 4H, and slightly corrective to the upside on 1H TF. We see price kissed the high psychological levels between 60k and 60.5k, dropped below and hit a major support zone of 56k and 56.5k Price seems to be rejecting on lower TFs and we may potentially take a short here as it's rejected from the 58k and 58.5k...
As I published on GBPUSD shorts for the short term so the GBP/JPY i believe you know that this pairs are working the same so if we can see the price brakes 150.000 institutional / psychological level we can mark the next target of 147.500
TREND LINES: The establishment of the downward direction of prices is evident in the recent price chart. Paying attention to the upward trend line, it is obvious that from the moment it broken from the exchange rates, it did not maintain its limits because the prices did not return within it. The evolution of this fact is the development of a trend channel in...
Since the market started selling-off late February due to disturbance in the bond market, the movements of $CLOV has since been mirroring the direction of the overall market relatively tightly. With the closing of the market earlier today after a considerably sideway and mixed trading day, S&P 500 rose by 0.60%, NASDAQ fell by 0.04%, while Dow Jones Industrial...
Presented is a technical directional analysis based off the 1 hour chart with some fundamental sentiment. While the MACD/SIGNAL have crossed and made its way up through the zero line, our MACD/SIGNAL on the four hour chart are initiating a cross right below the zero line. I mapped out a bottom trend line serving as a potential base for an ascending channel....
The movement of $CLOV continues to mirror the condition of the overall market. Today, the tech-led sell-off took a pause, with S&P 500 rising by 1.95% and NASDAQ Composite rising by 1.55%. Similarly, Clover Health ended higher by 7.54%, closing above the previous day's close. Going into next week, I expect $CLOV performance to continue reflecting the overall...
This a great low risk trade set up as a breach of our psych resistance of 1.92000 will tell us long continuation. This is a psychological level as we have seen pivots at this level since November. Our MACD/SIGNAL lines are headed to cross 0 line to push RSI further away from overbought. NZD is currently taking gain in strength and sentiment which will help our...
Presented on the day chart, We currently see a huge breach and continuation above 1.37500 which was our next key resistance to breach for continuation. MACD/SIGNAL crossing above 0 line for continuation. RSI continues to rise into overbought. Next stop to breach is our take profit target of 1.3900. Please comment with thoughts and comments. Thank you.
As presented on the chart we can see our straight trading channel between key support (91.000) and resistance (91.600). Currently we see the support holding for a pivot to reset trend back to retest 91.600. 91.600 is the next key resistance for DXY continuation. For our technical indicators we can see MACD/SIGNAL setting up for an initial cross. The cross will...
Attached is my idea from two months ago that sentiments a retest of Jan 2018 high range of 1.2500. I am extremely proud of this forecast and would mean a lot hearing some positive sentiment back as I have stayed true to my forecast. The idea attached was very detailed so please observe and correlate with this idea. THANKYOU!
Been around 2 weeks looking at this cryptocurrency and I honestly see a great future for Verge. Not many cryptos have this price action, and buying in disbelief is one of the best opportunities when it comes to an emotional market. This is my point of view of the market, no one has the truth when it comes to speculate the market.