Get started

Rally

Toyota just Started to Rally.Toyota, valued 277B is worth almost 4 time less than hyped Tesla, which has it's market cap at 1070B. Even though Toyota revenues for 2020 was 275B , meanwhile Tesla were just 12B . That's less than 20 times! (Tesla has no data for 2021 yet, so that's why I compare 2020) Yes, I do understand that Tesla is a one of kind with it's unique perks such as Autopilot, prestige of having a Tesla and many cool features. On the other hand, Toyota doesn't offer anything special. It's just a regular japanese car, but with superior reliability and quality. Do not forget that Toyota also owns a luxury car company of Lexus, which has the same if even better reliability and quality than Toyota. I am not necessarily saying that Toyota is superior to Tesla , just that Tesla's value is very speculative when compared to a renowned car brand such as Tesla. When we look at the technical side, Toyota has just broke from a 31 weeks long consolidation which gives Toyota pretty enough room for a rally. Add to that it just broke into a new all time high, MACD gave a buy signal and RSI suggest bullish momentum to arrive, Toyota is ready to rally. I don't have a specific target for Toyota. Not a financial advice, just my humble analysis:)
NYSE:TMLong
by TiborVrbovsky
EOS $~90 Realistically Still In PlayEOS is one of my favorite alts, besides XRP and DASH. It has great price history, and it did perform exceptionally well in 2017/18. It is still listed on the biggest exchanges and so therefore i still believe that this market cycle will have its turn to shine. If we extend fib. extensions over previous bull run, where level 1 is sitting at ATH, it just so happens that level 0.236 sits on top of the rally prior to capitulation. This further confirms that levels could be respected and price to eventually reach $90, maybe a bit more but not by much. You can also see that if we overlay the first 2017/18 rally from the recent bottom you can see that if we did something similar in length now, we would get to near $90. That is even further conformation for me for that target. I am not a financial advisor so non of this should be taken as a financial advise. Be well BITFINEX:EOSUSD
BITFINEX:EOSUSDLong
by AVA37
11
ADA Had A Phenomenal Run in 2020/21ADA had a phenomenal run in 2020/21. It has reached to a full 4.236 fib. ext based on the rally prior to capitulation where .236 is sitting on top of. Even though i think ADA still has i bit more to go. Not to much but still 200-300% could still be in the play here. To get the final clue where the final target could be, we have to extend fib. levels over the full 2017 bull run. (level 1 sitting at ATH, 0 at the low). If we do that than the full 4.236 extension gets us to around $5.5. (will show that below in the update) I am not a financial advisor so non of this should be taken as a financial advise. Be well. KRAKEN:ADAUSD
KRAKEN:ADAUSD
by AVA37
2
Gold ready to run, end of year rally about to start??As Gold is approaching the tip of its longer term wedge, I'm anticipating a break to the upside. During FOMC last week, it bounced off its support trendline and it's 62 fib, forming what could be the head of an inverse head and shoulders on the H4 timeframe. I'm anticipating a break above the neckline and taking small buys. Will be adding more once we confirm a retest of it. Planning to take some profit off the table once it hits resistance around 1850, while planning to hold some through a breakout higher if we see it. Stops spread out with some below the low today and some below the right shoulder. GLTA
OANDA:XAUUSDLong
by CashGod92
$TGT incoming bounce on its way, another short covering rallyA big bounce is imminent on $TGT here in the next few days to weeks, the stock has declined significantly in a brief amount of time and is now showing inside candles representing balance, a push over 221 will take us screaming higher. Short covers bring the excess liquidity, strong numbers represented by Target this holiday season is a contributing factor why we will bounce here. Be patient, another big trade is coming. Jan 220/225 calls can work on confirmation candle.
NYSE:TGTLong
by PriceActionRules
BTC Don't Get Too Excited - Not The Bottom YetLooking at the fear and greed index for BTC, you can see that even though BTC didn't really have a rally yet, just broke a downtrend it has return to almost neutral. That is a MASSIVE increase from yesterday when it was just 26, now is 45 and BTC has only rose 5%. This is a clear indication that market behaves very irrational. People get excited on the small rise very quickly and vice versa. Because of this there are going to be a lot of fake outs, weather those are to the upside or downside, but mainly upside as BTC is clearly in a bear market. Don't get too excited on the pump that may happen in the next week, and just know that this is to be expected when prices loose that much value in such short time without providing any relief rally. Still i expect BTC to reach 55k area (significant resistence before another leg down most likely starting with a 4 smaller waves and then 7 larger as we go steeper to the bottom. This is just a guess based on how those last legs end playing out. I am not a financial advisor so non of this should be taken as a financial advise. Be Well. BINANCE:BTCUSDT
by AVA37
XRP What To Expect In The "Near" FutureXRP, like other 80% of the alts did not have its bull run yet. Even though BTC may very well be in the bear market, that does NOT mean that alts are. What we now have to wait is for BTC to provide some type of a short small rally just to re-test its prior area of capitulation (55-58k). If this happens i expect alts to go with it, but.... there is still more down to go with BTC after that re-test. As BTC starts to capitulate again, expect the XRP and other alts to do the same in the short term. XRP may even set a new low but i don't expect it to fall below $0.50 as it is simply to strong of a support. Then as BTC starts to slowly recover expect the BIG rotation of the money into smaller caps and laggers like XRP. I've lived through 2017 XRP rally and i remember that XRP can trade sideways for REALY LONG time, but when it finally goes it goes really FAST, really HIGH. After BTC capitulates xrp price should recover VERY quickly, setting a new higher local high (yellow arrow) then next stop is 2018 ATH. From there we sould see first major profit take and the price to re-test $1.5-2 area that held us down for ages (yellow box). Last leg up should get us to $8-12 and this is where a will personally exit the market, regardless of the news (green box). $9-12 for xrp is where a full 4.236 fib. ext. level is sitting at. Level 0 is low and level 0.236 is the top of the rally prior to capitulation from Sep. 2018. Price will of course move differently. What i've tried to present with it is where to expect major resistence and support to come in or get retested. I am not a financial advisor so non of this should be taken as a financial advise. BINANCE:XRPUSDT
by AVA37
5
DOTUSDT Is On SaleThere are many ALTs out there that have been far oversold! Though some of them have moved already (I did not get an AVAX chart in time) there are others that haven't moved yet, but I expect them to do so. DOT is a great asset and at the prices it is sitting at now, its a DCA no brainer. So if you missed out on SOL, AVAX, CRV etc, this is a great choice to round out your portfolio during this alt sale. Some alts move with BTC as it bounces from a comeback and others move after. The RSI has hit oversold levels and its time to add to the bag. Thanks again everyone! This is not financial advice. Do your own due diligence.
Long
by mysticalwalrus
8
Silver Still Bullish into end of year Hey guys, this is follow up to my US100 call today linked below, I see silver falling to the support line making a big double bottom supported by strength coming back into the RSI causing a strong bull run into the new year come after. December has always been a great time to be invested in precious metals often coinciding with strong rallies, I think most people understand that the fed is behind on tapering and will speed up but I doubt they will sped up enough on there policies so maybe this could be a reason for a flock to precious metals as a flight to safety for next year. First target is 10.7% away from the support line where we have had previous support and resistance and by the time we get there the 150 EMA will Also be there acting as resistance. But I stress wait for Gold to confirm this trend and watch the gold/silver ratio seems to be topping so silver will outperform gold here. follow for the follow up charts coming throughout the week on where i will cover another play i have on AUD/JPY, AUD/USD, stock buys and further breakdown on possible big short early next year.
TVC:SILVERLong
by jackwheeler
BTC Covid RallyLet's take a deep breath. This is not the move we expect. Youtubers are chaffing your brains just to catch you in fomo.... it's time to sell out due to the bigger players releasing bags onto the streets. It is only a matter of time when we will see consolidation of this movement. We are in a position to create one more breakout upwards to form a head with shoulders. But it will still be a bad signal for the coveted rally to 110k.... Big greed equals big falsehood. Be careful and draw your own conclusions from what I have plotted for you on the chart. Peace!
BNC:BLXShort
by cryptobetgang
2
Silver & Gold big move up incoming... maybe even some todayI think the 1-2 1-2 setup here in Silver & Gold is reasonably probable to trade and is quite bullish. Inflation tends to agree, as do many analysts. The very short term setup has a 1-2 as well, at least in gold. It looks to me be very solid agreement at this very moment in time to be entering the 3rd wave across multiple degrees. The market also just took a massive stab lower and has now reversed it in about the same amount of time, and this can often signal a reversal... in this case metals have been chilling for a few days, hopefully the chill is over. Bought some $30 February calls, now we see what happens!
COMEX:SI1!Long
by FuturesIntelTM
DXY Broke Vital Resistance! Retail sales in focus this weekLast week was vital and perhaps the most important week for the DXY this year, as it has likely broken a crucial resistance. As seen from the main chart, the weekly candle needed a convincing close above 94.60 which confirms the previous high break. Now it is highly likely in the coming weeks we could see the price targeting the next high at 97.60. Prices would likely be supported by the weekly EMA and ascending channel. LIKELY FUNDAMENTAL DRIVERS FOR DXY THIS WEEK The main talking point here remains the indications of stronger economic activity may keep the Greenback afloat and put pressure on the Federal Reserve to implement higher interest rates sooner rather than later. The latest uptrend in the USD comes on the back of the better than expected rise in the CPI and this week an update to Retail Sales would likely generate a bullish scenario on the USD as household spending is expected to increase for the third month in a row. As a result, signs of uptick in inflation along with evidence of stronger activity may push the FOMC to forecast a steeper path for US interest rates With that said, the US Retail Sales report may generate a bullish reaction in the Dollar as the update is expected to show a pickup in household spending, and the DXY may continue to trade to fresh 2021 highs throughout the remainder of the year as the FOMC starts to scale back monetary support.
TVC:DXYLong
by FX618Analysis
1