Although many major central banks have stopped raising interest rates in 2023, the US Federal Reserve is determined to keep increasing rates until meeting the inflation target of 2.0%. Recent hawkish comments from Fed officials and resilient retail sales data have increased the chances for more rate hikes in the incoming months. The US dollar strengthened against...
XPEV forming a bull pennant on the daily, with a breakout implying a move to HKEX:13 An idea would be to go long with a stop at $9.4 ... good R/R here, I'm long
Hello Team, This week we look at Black Rock, currently down 30% from the ATH and currently the largest asset manager in the entire world. As always we like to buy strong companies while prices are cheaper. We are adding a position to our portfolio and will continue if prices falls more towards $550. If price breaks trend line we will look for more at 400...
Based on the severity of this pull back It seems like the breakout for TRX has failed, and based on the macro environment the probabilities are mounting we may briefly see new lows this year before pushing towards all time highs. This seems to be coinciding with a crash in the US banking system, which will eventually lead to a fast response by the Fed to turn the...
META is heavily overextended and we are reaching some strong structure hopefully we can see a reversal, gonna enter some puts and leaps next week. The road to 6-figures is real.
#ILMN has broken out on the larger time frame and is currently correcting mid way Look for buy entries and close trades at specified levels
On the chart, we have a confirmed falling wedge, and we are therefore bullish on CNC. We will wait for an entry at the breakout of the trend, with the expectation of a ROI of 19% RSI is showing oversold conditions. More details are shown on the chart.
On the chart we can see an inverted head and shoulders, which got rejected at the neckline, and we now expect it to retest and break the neckline. We see current level as a good opportunity for an entry, but would at least wait for the market to open, to see how it will turn out from the current dump. A breakout trade would give a ROI of 21%, while an entry at...
KGC broke the supply line. We should see more upside on KGC. 3 targets are shown on the chart. 76 % to be made. Good luck
LSE:ANGS Although price has been down last week, in general angs share price has been performing well, and the current drillings has been successfull. as we can see in the chart we are in a uptrend, rising wedge. i see a slow and steady rise this year. A good stock to sit back and let it work for you. JT LSE:ANGS The calorific value fluctuates within a very...
buying above this zone is good because it is showing good constantly increase in delivery percentage ...
I've made several BNX analyses over the last couple of months, but after the 100:1 swap the token has only been losing value. However, after a 1 month+ accumulation phase BNX has finally broken out and is looking for more. I'm waiting for a move above the dotted resistance before considering an entry. Patience is key here. Targets in blue.
hello traders i am still expecting upside on Nasdaq very smooth pair also i post scalp this pair in the week make sure to follow if you have any thought let me know wish good luck and good trading
If you haven`t sold crypto`s favorite bank, SI Silvergate, here: Then you should know that Silvergate Capital Corp, the parent company of Silvergate Bank, announced its closure and liquidation of assets on Wednesday. Shortly after, New York state banking regulators closed down Signature Bank to prevent the fallout from the failure of Silicon Valley Bank. ...
As seen on the chart, GRT is currently trading in a short-term and long-term triangle at the same time. As of new, GTR has broken out of the yellow minor triangle. With BTC edging up, I'd wager that we're going to move towards the purple resistance of the bigger triangle. Depending on BTC, we can break out or reverse. Longer-term I'm anticipating a break out,...
In my latest SXP analysis I talked about my expectations of a reversal after seeing some bearish price action. My initial support area was not as strong as I thought initially. However, after reaching the 0.50 area there were ample investors waiting to step back in. On the chart you can clearly see a pattern of higher-highs and higher-lows. I think that there's...
Technical Analysis and Outlook The Spooz, in choppy trading this week, managed to obsolete our outstanding target area - Mean Res 4126. The re-establishment of an upward trend will aim to obsolete Mean Res 4145 and punch through to Key Res 4180 and vital Outer Index Rally 4230 as specified in the Daily Chart Analysis For the Week of February 3. On the downside,...
Looks likely to continue lower as all signs suggest a rotation out of the dollar which will help stocks, metals and crypto move higher