Supportzones
One Last Correction Before Moon? | ICX-BTC BINANCE:ICXBTC has been on my rader for some time but other alt-coins had my priority and i have executed the trades on them. This means my aim is completely focused on Icon.
Now on this chart we can see a couple of reason why i has cought my eye. The last few days the price has risen 80% measured from most recent low to the peak of this rally.
The top horizontal white line is our long term resistance. This line has been touched for the first time in December 2017. When the price came back down from its peak in Januari 2018, it made a rebound on this line in the end of Februari 2019. The price eventually decided to go below the line. Since then it has been touched as resistance once at Februari 2020 and now it seems like it has found it's resistance on it again.
Which brings us to the correction i teased in the Title. Because the price went up so quickly in the past few days, it is likely it has to cool off before it can shoot up to the moon. In the chart we can see the green area which consists of 3 possible reversal points. Two of the points are at the edges of the zone and the last one is the red line in the middle of the zone. I think it is very likely we will see a correction to the green zone before we see higher prices of this cryptocurrency. This gets invalidated when the price rises above its previous recent high.
GBPUSD Short Term ForecastH4 - Bearish divergence.
The price still has room lower towards the strong support zone (we also have the uptrend line coinciding in the same zone).
H1 - Bearish trend pattern.
Expecting further continuation lower in the short term after pullbacks.
NVDA -NVIDIA buy zonesHello traders,
Description of the analysis:
Nvidia support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund ($4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
