hi. Keep an eye on this currency, because although it has made a profit of over 200%, it is still on the rise.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
GOOGL is a mature stock and tends to be very respectful of fibs, previously it was able to run up to the 5.618 fib of the 2009 crash (pretty much to the dollar) prior to the COVID crash. Assuming a similar outcome GOOGL still has room to run up to $3937 before a correction back to its current levels around the 3.618 fib.
I believe that, while much has changed since the last big bull run and subsequent bearish period, BTC is still in a downtrend and I would not recommend going all in for a long ride up until the price reaches 2250 - with this in mind I am setting my take profits lower on long positions and only trading with margin in short positions - I am predicting that BTC will...
The Dow began its history with 12 constituents and grew over time to become the Dow 30 that we know today. There's those numbers again. The old lady is now 122 years old and still as beautiful as the day she was born. But beauty is in the eye of the beholder. Maybe she doesn't do it for you... Dow Futures Update DJIA1! This index had to stay above the 25702...
Bitcoin Continuation pattern forming after the failed break earlier. Just a bear flag so far. 6710 first support and if it's going to bounce it should be from the lower parallel of the nascent pattern - but there's no real interest A worry for any brave bulls at this point. In very near term we may get a bit of buying into US open - may regret it later but...
BTCUSD Bitcoin Must apologise for rubbish call yesterday and no follow up. Was expecting a period of light relief over the weekend. No such luck. The spike that came shortly after the match had finished was a big one and the ensuing rejection period flipped Bitcoin straight back down to the lows again and triggered a short from 7399 as it broke below...
Bitcoin Update Finally, after two fake-ins as Bitcoin spiked above the upper dynamic of the triangle formation of yesterday and came back to the lower rising dynamic of the triangle on the first occasion and then to the apex of the triangle on the second occasion before finally reaching it's very modest updside target at 8450-8460 (high at 8483) before falling...
8th May EURUSD Update EUR made the counter-rally move back to the upper parallel precisely at 1.1978 before falling away again. Having failed to hold up at the 1.1910 level it is falling further as DXY continues its long-predicted rally. EUR should fall to 1.1815 and then bounce to the upper parallel again before falling away further still to 1.1721 as the...
ETHUSD Still Outperforming Bitcoin ETH rallied just under 100% from the resurrection day lows at 360 to high at 713. In that time Bitcoin rallied 50% or so. Today Bitcoin is down 3.7% at moment and Eth is down 2.9%. That's impressive price action by ETH for sure. So far at least. It should be double that decline but it's less than like-for-like. Whatever the...
DXY Dollar Index Update After consolidating back to the lower parallel at 91.49 the Dollar has pushed higher towards the near term upside target at 92-55-92.64 range where it should consolidate again back to the lower parallel one last time before moving higher to the next upside target at 94.03. The overall trend remains positive whilst DXY stays within the...
Bitcoin BTCUSD Thursday Morning Stopped out of the long for 9 point loss overnight at 8172. Bitcoin is now trading at 8171 after a high at 8282 on Bitstamp. It's left quite a big rejection spike off the upper rising parallel of the continuation pattern it's been hammering out since yesterday's lows - it's just breaking the first litttle dynamic here as this...
Bitcoin: BTCUST Last Update 01:20gmt/20:20est Bitcoin is continuing to grind higher, still contrained by the parallel above it.It's double topping in the near term - has to find buyers enough to push above the high at 11490 on Coinbase feed but will likely still get rejected by the parallel above it even it can push higher now - but grinding upwards towards...
NEOUSD Still Positive - Next Buy Point Approaching The minimum upside target created by the RHS is 173 but it's taking its time to get there. Looks to be in process of completing another continuation pattern before firing higher again soon. Once it passes 128 and holds there it should advance to 148/150 where the upper dynamic will most likely reject it again...
Bitcoin BTCUSD Saturday Update/Buy Points After another 15 hour period of dreary consolidation lasting through the European session and right through the US session to the close Bitcoin finally bottomed right on the low point forecast for the day before the rally we spent all day waiting for finally kicked in. Patience was finally rewarded as Bitcoin began...
Bitcoin Friday Update Next Buy Point Today Bitcoin duly broke higher from 10600 and we followed that break. Overnight Bitcoin has made a high at 11189, climbing three rungs higher on this particular ladder to reach 3 points below the the next line of resistance at 11192. Day traders are closing out here and looking to get long again from lower down towards...
DXY Update 29th February 10:00 est Still a buy dollar dips v EUR and XAU market back to the central parallel of the current run - looking for 91.00 in near term and then, once this level is broken and held, on up to 91.78 and into the longer term falling resistance line - around March 6th on this chart. Look to take profits at this point and consider...