Hey there! Let's take a look at what's happening on the daily chart. After some minor fluctuations between the $80 and $90 price ranges, things got exciting! The price broke through the $90 resistance level and soared all the way up to $102. Then, after a small correction and a pullback to the $90 resistance level, it's now trading around $100. So, what can we...
Hello Everyone, MrBanker is here. This is a stock-to-flow analysis for Bitcoin. This model incorporates the relationship between the circulationg supply and the total number of mined bitcoin on that particular year. This theory has been proved to be true during the life span of bitcoin. Accordingly, It is expected for the price to reach 1 Million $ starting from...
Alibaba (BABA) is completing today the first Golden Cross formation since January 23. This is a bullish medium-term pattern and along with the 1D RSI bullish trend on Higher Lows, it will most likely end with a Higher High on a 6 month basis. As you see, the price recently broke above a Channel Up pattern, so we expect an aggressive rally to the Lower Highs...
I noticed a Cup and Handle pattern forming on Cisco Systems - ticker CSCO, on the daily level. What will be my entry points and what are the things to consider: 1. My entry would most likely occur today, 19th of July, since I think that the stock will break from smaller moving averages once the market opens. Those moving averages are 10 and 20, my entry price is...
Hi, The well-known Tesla (TSLA) Just in case I have to "reveal" my next buying zone in time because the pullback has started and it can be quite aggressive. Preparing is the key, and let's prepare then ;) The last idea TP levels reached perfectly, ~$300... To the point, my eyes are pointed around $180 to $215 and the criteria are: 1. The trendline - the...
Airbnb stock is now in the second band This figure shows the weekly candle chart of Airbnb stock. The graph overlays the recent low points against the golden section. As shown in the figure, Airbnb stock is now in the second band after bottoming out, and it is likely to retreat below the 1.382 position of the golden section in the figure before starting up...
Quick and dirty analysis coming in. BTC just hit a 3 week diagonal resistance. For the bulls it's going to be a make it or break it moment. If we can close the day above 29.8k we can make the assumption that the relative bearish times are over. However, we're not there yet! Stocks have sold off hard today, which makes it more likely for bearish price action. In...
Tesla is coming nicely into projected support area within an a-b-c corrective decline, where wave »c« can be forming an intraday wedge pattern. So, be aware of bounce and recovery in minimum three waves from projected 240 – 230 support area ahead of tomorrow's US CPI inflation report.
If you enjoy this analysis, please give it a like and a follow. I've made several analyses on Bitcoin's extremely low volatility over the last couple of weeks. In this analysis, I want to take a look at yet another metric that measures volatility: BVOL7D, on the daily chart. On the top chart, white, you find Bitcoin's historical volatility. On the bottom chart,...
MOEX:FIVE shown Flag form and started rally to the top. Resistance is on the level of 2000-2200. Does not constitute a recommendation. #investing #stocks #idea #forecast #furoreggs Please, subscribe and challenge my point of view )
OBEROI REALTY LTD Key highlights: 💡⚡ ✅On1hr Time Frame Stock Showing Breakdown of Triangle Pattern . ✅ Strong bearish Candlestick Form on this timeframe. ✅It can give movement up to the Breakdown target of 1010-. ✅Can Go short in this stock by placing a stop loss above 1110+
Boeing's stock is about to challenge the top high shoulder This chart shows the weekly candle chart of Boeing's stock in the past 4 years. The graph overlays the 2020 bottom to top golden section. As shown in the figure, Boeing's stock is currently in the second largest wave band after bottoming out, with the third wave rising and about to challenge the top...
Traders, If you follow me elsewhere, you already know that I have unloaded the majority of my trades today. I will let you know more specifically what I am seeing in Friday's weekly update. But for now, in short, I want to point out that Bitcoin has been following all the technical indicators and rules like a champ. There is no reason for me to doubt that it will...
United Health Group - 30d expiry - We look to Buy a break of 516.11 (stop at 506.11) Daily signals are bullish. There is no clear indication that the upward move is coming to an end. Price action is forming a bullish flag which has a bias to break to the upside. A break of the recent high at 516 should result in a further move higher. This stock has seen...
If you enjoy this analysis, please give it a like and a follow. In this analysis I want to take a look at Bitcoin's chart over the last ~2 years. Note that the top purple resistance of the channel is a direct copy of the bottom support. Time is running out for the bulls. BTC is just a couple of days away from potentially breaking below the yellow bullish...
NYSE:BABA long for weekly progression. Targets outlined on chart. SL at the swing low. Gets get it. Want to learn to trade? PM me
As you can see the share is trading in defined levels on the chart and holding its price action between the marked triangle. Share is taking support from the 490 level today and hopefully, we will see a good breakout on this counter and soon we will witness a good move towards upside targets. I hope you enjoy my analysis and continue to support me. Please...
UHS has developed bullish divergence at a key point forming the third rising valley. Trade has stop below this valley as if it goes lower the whole argument is defeated.