TVC:DJI has had one weekly CLOSE above 34.4k since April 2022 & another on Friday. of last week. Daily, the issue is a close above 34.6k. - Notice the heavy volume on the down days? All, except one day has been a solid bottom. - The Ascending Triangle forming likely means that we have MORE upside on the Dow Component. AMEX:DIA AMEX:UDOW #stocks AMEX:SDOW
TSLA has formed an expanding channel on the weekly timeframe, indicating potential bullish momentum. Currently, there is a bullish rally approaching the daily resistance and the upper boundary of the channel. Once the price reaches these levels, it's crucial to monitor closely for signs of either a breakout or a reversal in the price action at these key...
●● Preferred count ● NASDAQ:AAPL , 🕐TF: 2W Fig.1 The wave count on the weekly interval has not changed. More than a year ago, we were waiting for the beginning of a sideways correction in wave ((iv)) of 3 , and, as the analysis of younger time periods shows, it has begun. __________________________ ● NASDAQ:AAPL , 🕐TF: 2D Fig.2 At the moment,...
INJ has been trading in a bearish channel for nearly 3 months now. With Bitcoin's resurgence, there's a decent probability for INJ to break through the top resistance and to continue it's bullish trend. The yellow marked area is a short-term bull-flag, within a long-term bull-flag. The trade is based on the premise that both will break bullish. SL under 7.00,...
Hello Traders, This marking on the is precise to give you the easy understanding of price action along with the way , I am going to trade next with , check below.
Hello Traders, The marking on chart has been studied deeply to make you understand the next week move with price action prediction how to trade this on checking below.
On daily chart, with a good volume, a breakout is being seen. Due to the reason that the monthly RSI is in overbought zone, I have reduced the target, otherwise as per basic rules, target is above 600. You can enter on this candle and wait but wait for the weekly candle to close above the consolidating range. The target is expected to reach till the green box...
All time high volume on a monthly chart with a super breakout. Seeing it above my target, but for some technical reasons, target has been reduced. For SL, I have the supply zone which will act as support and SL. Comment if you have any questions regarding this. Disclaimer: I am not a SEBI Reg. Analyst. Do your own research before investing or trading.
▪️ Hello everyone ✌ By examining the chart in the time frame of 12 hours, as you can see, the price has grown by about 12% after breaking the dynamic resistance and due to the completion of pullback from the range of 101, and after a slight fluctuation, it again faced a positive fluctuation. Currently, it is trading in the range of 114 midline of the ascending...
In this analysis I want to make a prediction on where Ethereum will top, and around which date we can expect it to top. Keep in mind that I only use the last two cycles in this analysis, so take this analysis with a grain of salt. As seen on the chart, we can clearly see two things: 1: ETH tops 78 weeks after the Bitcoin halving. 2: ETH tops around the top purple...
Technical Analysis and Outlook: The Inner Index Rally 4444 has been completed, which is part of the ongoing Reignited Rally. The Outer Index Rally 4480 and 4590 targets have been outstanding for a while and are important upside objectives. However, reaching the 4480 target may lead to a significant pivotal downward movement to the Mean Sup 4330. Trade Selecter...
OP saw an incredible start of 2023. Sadly, after a huge move early in the year, OP has been selling off for most of the months after the initial pump. However, I see signs that the sell-off is done and that there's more bullishness coming soon, arguably even a new all-time high. For the best risk-reward I'm looking at a target of 5.00, potentially 3.00 if you're...
Berkshire Hathaway B - 30d expiry - We look to Buy at 332.52 (stop at 327.52) This is currently an actively traded stock. The stock is expected to outperform in its sector. The primary trend remains bullish. Previous resistance now becomes support at 331.50. We look to buy dips. The sequence for trading is higher highs and lows. Our profit targets will be...
After trading in a range from $4-$8 for the last 14 months, we find ourselves now with the possibility of turning the box marked with bulls into a support/buy zone. If we can get confirmation and continuation on this into next week or even just the markets hold up Monday i would expect at the LEAST to revisit the recent high. Making for a nice quick play. However...
The consensus is LOWER #interestrates (I mean, they have been around 3.2ish) Every time the 10Yr #yield was in this same situation it FOLDED. Easier to see on daily. However, something looks lil different this time around. Can't make it out on the daily. Let's see the weekly chart. Hmmm... Not yet, but gaining momentum... If the 10 Yr yield starts pumping this...
META is about to close the month on the 8th straight green candle, which is of course way beyond any rally in the company's history. Having broken even above the 0.786 Fibonacci level and turned the 1month MA50 into Support again, the question on everyone's mind is how far can the market extend this rally. Looking at its short history, all of Meta's rallies...
Over the last few months I've made several CAKE analyses where I discussed the massive dump that this token was experiencing. Like mentioned before, I think that CAKE as an asset is dead, but that doesn't mean it can't offer good trading opportunities. This trade is based on the assumption that CAKE will reverse sharply after the crazy April & May dump. I'm...
In this analysis I want to take a look at the stablecoin (USDT/USDC) dominance. To construct this indicator yourself, simply put "(CRYPTOCAP:USDT+CRYPTOCAP:USDC)/CRYPTOCAP:TOTAL" in the symbol search area. As seen on the chart, the stablecoin dominance (the stablecoin value / all crypto value) has been steadily rising over the years. There can be a multitude of...