Retracement
AVTX - a potential continuation WATCHAVTX popped on a big revenue beat on March 28th. It is now priced at about 3% of the ATH
of last July. With the massive price jump came a 15X relative volume. The question is
whether price has retraced into support and can rally again in the next market session.
This remains to be seen. i will put AVTX on the top of my watch list and take a long trade
if I see signs of continuation with volume supporting the move.
US30 Retracement 27.03.2024The index moved to the downside rapidly since the 22nd March and a consolidation phase took place for while. It is possible that the index will retrace to 61.8 fibo level.
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Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda...
Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure.
BDSwiss is a trading name of BDS Markets and BDS Ltd.
BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene.
BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350).
USOIL Retracement 27.03.2024Eyes on Crude oil / USOIL. this reversal that shows a rapid downward movement boosts the probability of a retracement taking place today. The target level should be near 81.15 USD/b (61.8 Fibo).
Alternative scenario would be that the price breaks the support leading to the next support at 80 USD/b.
BTC broke new highs, but what next?Since Feburary 2024, BTCUSD has surged to reach an all-time high of 74,000.
However, after reaching the level, the cryptocurrency has reversed by 18%, down to 61,000.
If the price breaks below the 38.2% Fibonacci retracement level, anticipate downside to the 61.8% retracement level.
However, if that happens, the 52,000 level could be a good support level for the BTCUSD to rebound.
Base on a similar scenario in 2021...
BTCUSD broke new highs (64,750) before reversing lower
Reached 61.8% retracement level before rebound
Created higher high of (68,900)
Bitcoin's Retracement: Back down to the 50k~60k rangeBitcoin is currently in a retracement move, making many nervous, but there is nothing to worry about. This pullback, while notable, is not unprecedented in BTC's storied history. However, it sets the stage for a potentially massive pump following the upcoming halving event, thanks in part to the burgeoning presence of Exchange-Traded Funds (ETFs) by Blackrock and the like.
The Retracement: A Brief Overview
Bitcoin's latest retracement could see a retracement as low as $51,968 and as high as $59,000, reminding us all about Bitcoin's notorious volatility. Such corrections are not unusual in the lead-up to Bitcoin's halving events—periodic occurrences that halve the reward for mining new blocks, effectively reducing the new supply of Bitcoin by half. Historically, these retracements have been precursors to significant price rallies, as the reduced supply tends to lead to increased demand among investors.
The Halving: A Catalyst for Growth
The next Bitcoin halving is poised to occur on approx 18th of April 2024. In fact, for the first time in Bitcoin's history, has the ATH (All Time High) been broken BEFORE the halving, which suggests a strong preparation for a massive imminent pump. The logic is straightforward: as the reward for mining new bitcoins decreases, the scarcity of the asset increases, which can lead to a rise in price if demand remains constant or increases.
ETFs: The New Players in Town
Adding a new layer of potential to the post-halving landscape are the Exchange-Traded Funds (ETFs) focused on cryptocurrency. ETFs have opened the doors for a broader range of investors to enter the Bitcoin market, offering a regulated and potentially less volatile means of investment. The introduction of Bitcoin ETFs has been met with enthusiasm, as they provide a bridge for traditional investors to gain exposure to Bitcoin without the complexities of direct cryptocurrency ownership.
The presence of ETFs is significant for several reasons. First, they signal a growing acceptance of Bitcoin within the traditional financial ecosystem. Second, they increase the liquidity of Bitcoin, making it easier to buy and sell large amounts without significantly impacting the market price. Finally, and perhaps most importantly, ETFs could attract institutional investors who have been on the sidelines, waiting for a more familiar and regulated entry point into the cryptocurrency market.
Looking Ahead: A Massive Pump on the Horizon?
The combination of the upcoming halving event and the increasing integration of Bitcoin ETFs presents a compelling case for a potential massive pump in Bitcoin's price. While the cryptocurrency market is notoriously difficult to predict, the historical impact of halving events, coupled with the fresh influx of interest and investment via ETFs, suggests that we could be on the cusp of the biggest bullish market Bitcoin has ever seen in its entire history.
USOIL Retracement 11.03.2024Crude oil is that it fell rapidly from the 8th March peak 79.5 to 76.85 USD/b. Considering that deviations from means are roughly 10 USD currently the retracement about that amount to the 61.8 Fibo level is quite probable.
Now, the fundamentals: Demand from China looks to be lagging causing the dive, however supplies have remained on the tighter side given OPEC's production cuts and Russian sanctions slowing exports causing price resilience excluding the probabilities of sharp drops, keeping price in balance.
Technically, the price broke a triangle formation that could cause the price to reach the next support at 76 USD/b. However, without retracements to the MA it would be quite surprising
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Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda...
Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure.
BDSwiss is a trading name of BDS Markets and BDS Ltd.
BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene.
BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350).
XAUUSD Retracement 04.03.2024Gold experienced quite unusual high volatility and movement to the upside. The question is, will the resistance 2088 USD/oz hold this week, causing the price to drop?
The retracement as depicted is a possibility. Even more if the 2080 USD/oz level is breached.
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Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda...
Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure.
BDSwiss is a trading name of BDS Markets and BDS Ltd.
BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene.
BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350).
ORDI UPDATE : NEW SHORT ENTRY TARGET AT $79.50 : ME SORRYIt's explained in the clit, but if you're on a Nokia 5310, the gist of it is that I'm cancelling the previous short.. It's not ready..
It's below my entry, so you shouldn't be running a loss.. But you will if you keep it open..
Please note that I'm not suggesting that you go long..
You're welcome to, but don't do it because I said so.. Trading against the trend is not impossible, but it's tricky, so unless you know your stool, in which case you'd not be reading this and doing your own TA, the safer suggestion would be to look at entering short at $79.50.. (Just realized that this is the second time I've called that level, not that it's a sign from Apollo, just saying..)
If your girlfriend's a disaster you'd rather avoid and you're in need of an excuse to squat over your phone, I got you..
Go ahead and squeeze out a small long.. But literally just the tip..
Any shaft and she'll wake up and you'll end up regretting it..
Be safe out there soldier!
Mwah!
BITCOIN : END OF THE BULLRUN. FOR NOW. RETRACING TO ~$43200`BTC's pretty spectacular run had to end somewhere, but don't be discouraged. After correcting for this rise it's finally, after two years, free to move to the next ATH..
You might notice the same triangular pattern that's present in most of my charts. That shape represents the commonality between all cryptos. There is not a single one that moves outside of those bounds. Not even Bitcoin, as you can see here.
It's also the shape that predicts trends, confirms reversals, identifies entries / exits and informs breakouts while providing a constant sense of where in the cycle the coin happens to be..
You're looking at the thing nobody believes exists.
Here's proof. It does.
Short entry: $54400.00
Target : $43200.00
GE Buy the Pullback ( Flip the switch) now LONG I previously published the idea of shorting GE. It has now pulled back more than 4%
on the retreacement. The short idea paid well using put options to profit from the
pump of earnings expectations. Earnings were great but the run up was too much for
traders. GE has now retreated and is ready for a long entry. Price is now in the
undervalued range of both the short and intermediate term VWAP bands.
The target is $99.99which is basically the price immediately before the earnings report.
Confirmation is tbe zero lag MACD where the K/D lines crossed under the histogram and are heading
together to cross over the zero line while the histogram flipped from negative to positive.
Call options in the money expiring 5/5 are considered.
USOIL Post Reversal 26.02.2024On the 23rd Feb, the price moved below the MA and dropped heavily, reaching the support near 76 USD/b. Retracement is possible as depicted on the chart.
Will the support hold? The alternative scenario which is less probable, could cause the price to drop to 75.5 USD/b.
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Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda...
Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure.
BDSwiss is a trading name of BDS Markets and BDS Ltd.
BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene.
BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350).
NAS100 Shock Retreat 23.02.2024It has been a crazy day yesterday 22nd Feb. All indices including the NAS100 surged after strong earnings reports that boosted confidence and a risk-on mood for the high-tech stocks such as Nvidia.
Is this the end of the upward and rapid movement? We use the Fibo retracement levels to find the 61.8% that the market potentially will retrace to, as indicated by the arrow, that level is near 17800 USD.
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Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda...
Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure.
BDSwiss is a trading name of BDS Markets and BDS Ltd.
BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene.
BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350).
BNB THE CRYPTO PRINCE : HOW FAR AWAY $8.00 FEELS. SHORT SIGNALBeen watching this coin deliver the bidniz year after year since the ~$8.00 mark..
I've had good times trading..
In Kuala Lampur..
Bought the second wife there, yeah..
ENTRY: ~$380.00
TP: ~$265.00
Too bad if you're a Yank..
Daddy said you can't trade short, uh-uhuh...
Tsk-tsk.. )
// Follow its progression:
dub.sh
📈💰 A Day Trading Short setup Opportunity on HK50 💱🔥 Let's Dive into the Key Points! 🔥
Are you ready for an exciting day trading opportunity, Retracement on HK50? 🚀💹 Pay close attention to the following key points:
⬇️ Sell Limit Levels:
🎯 16732
🎯 16758
🎯 16785
📈 Take Profits:
TP1: 16680
TP2: 16648
🔑 Key Level - Resistance:
🛡️ 16710
❌ Stop Loss:
🛑 16785
💡 Trading Insights:
Today, we focus on HK50 and potential sell limit levels. Keep an eye on 16732, 16758, and 16785 as they present entry opportunities to capitalize on potential downward movements.
To secure profits, consider setting take profit levels at 16680 and 16648. These targets can help you lock in gains as the trade progresses.
Watch out for the key level of resistance at 16710, as it may act as a significant barrier to further upward movement.
Remember to manage your risk effectively by setting a stop loss at 16785. This will help protect your trading capital and limit potential losses.
Embrace the excitement of day trading and always stay vigilant in analyzing the market. Good luck! 💪💹📈
#HK50 #DayTradingOpportunity #SellLimit #TakeProfit #StopLoss 🌍💱
Nvidia - It Is Finally TimeHello Traders, welcome to today's analysis of Nvidia.
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Explanation of my video analysis:
In 2019 Nvidia stock started creating a long term rising channel and retested the lower support trendline the last time in 2022 before we saw a massive +600% rally on this stock. Nvidia is now retesting the upper channel resistance which I mentioned in the analysis and there is a quite high chance that we will see at least a short term correction towards the downside from here.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.