This chart I am showing you what I think are the support lines that must hold or down to the next is 100% guarantee. Note the 3k line IF we go down that far must hold or DEFI is dead and all coin is nothing but a memory of how the world lost money. Also know that the longer we go down and stay down, the bigger the recovery will be. This is crazy and stay clear of...
I was wondering what the people thought about the rising wedge potential breakout to the upside.... How possible do you all think this is? Is it considered betting against America if you think we actually break the structure to the downside? Just wondering thoughts from this picture you see in front of your eyes....
I see recovery. The bullish target will start after a double low of the price and will be two, corresponding to the two Fibonacci retracements. We wait for the double minimum.
ABCDE TRIANGLE CORRECTION is about to complete in NIFTY, As per NEO wave counts temporary low formed in NIFTY@16142. wave 'E' segment is less than wave 'A' segment is the first confirmation of correction ending. The final C wave is also less than A ,in wave E segment also give a secondary confirmation. to get a final confirmation bulls has to lift the nifty to...
Red line is the lowest potentially reachable price. The orange range lines are the probable sector where the price needs to get out from, to either increase of fall. There are some symmetrics vertically. The price have failed to recover and stay in the orange range. The blue down trending line has been very regular but we can notice that the price have succeeded...
before the expiry date 20/05/22, SPX may give a counter rally upto 4300
Based on the history of BTC, we should have just completed the correction phase, which does not imply that we have found a Bottom. Furthermore, based on the proportion of the red candle and the "recovery" period (usually characterized by a bounce and double low, then bounces and closes above the last low), the real "recovery" of BTC will take place around as at...
Hello traders and investors! Today we will talk about short-term intraday GME structure in which we see pretty nice and clean bullish setup formation, at least for a three-wave (A)-(B)-(C) rally away from the lows. As you can see GME made sharp and impulsive rally in March that belongs to first leg (A). In Elliott wave theory, after every five waves, we can...
Delta CEO Ed Bastian: "Over the last five weeks we’ve experienced the highest level of sales and booking activity at any time in our history...I think it’s going to be a very strong summer travel period for us going forward." My price target is $47.50. Looking forward to read your opinion abut it.
This chart represents a basket of top DeFi projects. DeFi tokens are down bad from their bull run highs, but seem to be bouncing off an area of previous accumulation / support. Will we get a bearish retest of the 200SMA? This would amount to a ~30% pump for DeFi. Bitcoin or ETH could easily steal the show, but perhaps worth keeping an eye on! happy trades, CD
The 3day chart shows a strong sign of recovery and can be taken as a future outlook of the weekly. Bullish stuff: We entered the bull market support band and did not get rejected so far. The RSI shows a strong healthy rise. Trading volume is higher compared to the start of 2022. We formed a W shaped double bottom which is a strong reversal sign. Bearish...
The 3day chart shows a strong sign of recovery and can be taken as a future outlook of the weekly. Bullish stuff: The 200MA of the 3day was held perfectly. No close below it! We now are within the bull market support band and did not get rejected so far. The RSI shows a strong healthy rise. Trading volume is higher compared to the start of 2022. We are still...
Cardano is the Blockchain to go if you believe in the scientific route. So far over 150 peer reviewed papers came out and many problems were solved before the implementation. Do it right from the start even if it takes some time! Cardano dropped by 75% from its previous ATH around 3$ within the last 6 months. Now it looks like we found another local support close...
This video is to show how areas of high volume can act as a great tool for Technical Analysis. The settings were as follows: - Timeframe 15 minutes - Lookback average (10) equaling 150 minutes - Volume above 250% above the lookback average What we could see at the start of the video was that there were previous red zones where there had been above 250% down...
Hello Traders Here is a new BUY Scenario, due to inflation, inflation, inflation i suggest you to not enter into trade until 0.82800 - 0.82500 I expect a retracement until 0.83400 before further possible loss ✅ EURGBP BUY between @0.82800 - 0.82600 TP1 @0.83000 TP2 @0.83200 TP3 @0.83400 SL @0.82300 JamdeJam will not accept any liability for loss or damage...
Well , firstly i believe Uber is highly undervalued and believe it has high potential upside post q4 eanings and after CFO stated Uber is looking at $5 billion in. profits by 2024 . furthermore , Uber settled a lawsuit over some google secrets which were being traded in regards to self driving car , this is me putting my 2 cents and ignoring tehcnical analysis but...
After a clear bullish engulfing forming in the January weekend of 22nd, 23rd with continuation there after, there are several factors to be considered: 1. Possible solid bottom has been formed at ~35,000 2. Bitcoin has broken the major resistance at ~41,500 with a lot more ease than expected, dictating a more easy uptrend towards ~44,000 After breaking the...
Federal Reserve policymakers will raise interest rates in March but keep options open in the face of inflation outlook and the pandemic still ongoing. Until March theories suggest that we can still see a V-Shaped Recovery in the stock market. Looking forward to read your opinion about it.