In this analysis we're going to look at the Volatility Depth indicator that I created specifically for Bitcoin's daily chart. You can find it here: Every time that this indicator flashes green, it indicates that BTC's volatility is extremely low, which more often than nog signals that some kind of big move is coming. This volatile move can be either Bullish or...
DAX has nice and clean impulsive personality away from the lows in the 4-hour chart which indicates for more gains, but we should be aware of some slow down after a five-wave movement, which can approach the temporary 16530-16600 resistance area from where we may see some pullback.
Buy Zone mentioned in the chart. Closely monitor fib levels as well. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based...
It was almost a month ago (November 03) when we called for the start of a rally on Tesla (TSLA) as part of the bullish leg towards the top of the Falling Wedge pattern (see chart below): Today the stock hit our $250 target and immediately got rejected at the top (Lower Highs trend-line) of the Wedge. That was on the 0.786 Fibonacci retracement level of the...
Will Berkshire Hathaway investors panic when Warren Buffet passes away? Few companies are as closely tied to their leaders as Berkshire is to Warren Buffett and was to Charlie Munger. Munger's recent passing, who served as Berkshire's vice chairman since 1978, signifies the end of an era for the company. While Munger's role was significant, Buffett's...
AAPL could be on the verge of completing November's insane rally that restored bullishness on the 1W chart and keeps the 1D technical outlook in green (RSI = 64.212, MACD = 3.520, ADX = 54.247) as it is failing so far to cross over the LH trendline of the Bearish Megaphone pattern. A structure that up until now is identical to the Megaphone that led to the 2022...
BAC long term profit ? A popular stock + Above the average line 150 + Breaking a downtrend line + Year-end rally in the banking sector? Only an idea and not a recommendation for trading!
👋Hi, today I want to introduce you to a stock that is likely to grow by at least ➕10% in the coming days or in the coming week . 🚗The name of this stock is Tesla(TSLA) . 🥇After the Golden Cross was seen in Tesla, I hope there is more for the Tesla to grow. 📚🥇 Golden Cross Signal 🥇: In technical analysis, a golden cross occurs when the 50-day Moving...
✅ Microsoft Corp reacted well to the 🟢 Support zone($317_$300) 🟢 and reached the Downtrend line . 🌊According to the theory of Elliott waves , Microsoft Corp completed the main wave 4 [Zigzag(ABC/5-3-5) ] in the 🟢 Support zone($317_$300) 🟢 so that the main wave 3 structure was Extended . 🔔I expect Microsoft Corp to rise to the minimum 🔴 Resistance...
🏃♂️♾ Meta Platforms(META) ♾ is moving near the 🔴 Resistance zone($332-$315) 🔴. 💡Also, we can see Regular Divergence (RD-) between two consecutive peaks . In terms of Elliott wave theory , the Meta Platforms(META) seem to have completed the main wave 3 at the 🔴 Resistance zone($332-$315) 🔴 with the help of the Expanding Ending Diagonal Pattern . 🌊It is...
Large H&S formed since since May 2022. The price broke below the neckline and since then it's been on a one way trajectory. That was until it reached R123.96 in May 2023... THe price since then has consolidated in a sideways manner and has formed yet another Head and Shoulders. With the price breaking below its neckline, we are seeing further signs of downside...
Over the last few week's I've been continuously posting bullish analyses with a 2023 target of 40,000$. However, this fractal might suggest that we can reach even higher than that, maybe even 50,000$? The fractal is simple, a low-volatility bullish channel (higher-highs and higher-lows) after a big pump. The previous two times that this has happened, a big pump...
Rivian Automotive (RIVN) remained supported within the (green) Higher Lows Zone and on a significant Bullish Divergence on the 1D RSI (in the form of a Channel Up). This is an early bullish sentiment signal but the real technical catalyst is right ahead. That is the Triple Resistance zone consisting of the Inner Lower Highs trend-line as well as the 1D MA200...
Paradeep Phosphates Ltd. CMP – 66.10 Market Capitalization Rs 5,385.4Cr Red Flags:🟥 High Valuation (P.E. = 33.7) Declining annual net profit Declining cash from operations annual Promoter Holding decreasing Green Flags:🟩 Low debt Zero promoter pledge FIIs are increasing stake MFs are increasing stake Previous Happy Candles Number – 35/100 New Happy Candles...
Samvrdhana Motherson International Ltd. CMP – 89.95 Market Capitalization Rs 60,953.9Cr Red Flags:🟥 High Valuation (P.E. = 31.9) Declining annual net profit Declining cash from operations annual MFs are decreasing stake Green Flags:🟩 No debt Zero promoter pledge FIIs are increasing stake Previous Happy Candles Number – 59/100 New Happy Candles Number –...
This is my live analysis for SPY & please focus on the positive points discussed in the analysis. SPY can retrace at any moment now. NOTE:DO NOT SHORT THE MARKET
TSLA is on critical crossroads as it is approaching the LH trendline of the November 1st 2021 All Time High and that will basically be the third test in a little over 4 months. With the 1W technical outlook neutral (RSI = 53.560, MACD = 5.620, ADX = 26.050) we can't be sure it will break but if it does, a fractal from the distant past (2015-2017) shows that it can...
Cloudflare shares have continued their strong rise over the past few days, overcoming resistance at $72.00. This development was an important step on the upward journey and should generate further upward momentum. The magenta wave (iii) should be continued up to around $92.