🚨$DJT: It's Not Over Yet! 🚀🚀🚀Hi everyone,
Despite a significant drop of 21% today, our indicators suggest the downtrend might not persist. A rebound above the daily level could signal a bullish trend, potentially leading to a weekly cross above the monthly. This could aim the price towards the $63 mark, aligning with the 0.618 Fibonacci resistance level. Conversely, if the price dips below the daily level, the monthly level could offer support. Let's see where this goes in the next few weeks.
Good luck!
Technicalindicators
GOLD 3 H TIME FRAM Full ? UPDATE READ THE CAPTION)⤵⤵🙏Hy traders Gold pair price All time high Bullish I want to agent Gold Bull 🐂 Gold pair price test New Ath 2340 NFP Gold pair price test 2280 agent Gold pullback bullish patterns testing 2329.
T echnical analysis update 3H time frame.
Analysis update 3H time frame update above avrege levels all target done ✅💯
2174 Berak above average 2188 + 2208 DONE ✅
2204 Break above avrege 2230+2250 DONE ✅
2250 Break above avrege 2263 +2290 DONE ✅
2290 Break above avrege 2300
+ 2324 DONE ✅
All above avrege levels successful 😄 closing trade have you good weekend 🎉
$GME: 🚨Most Important TA Ever Part 2 Heading Back to $14🚀🚀🚀Hi everyone,
Financials
GameStop is in an exciting phase of transformation and financial stabilization, as shown by its latest financial report. The company has successfully turned a significant loss into a net income, indicating not just resilience but strategic navigation through market challenges. A standout is the positive shift in EBITDA to $64.7 million, signifying GameStop's improved operational efficiency and ability to generate profit from its core activities. Despite a dip in net sales, GameStop has showcased excellent cost management and maintained strong liquidity. This, combined with strategic leadership enhancements, positions GameStop well for tapping into the evolving gaming and retail sectors. For investors, the improvement in EBITDA is a positive sign of GameStop's growing ability to fund operations, invest in growth, and potentially offer shareholder value from its main business operations, rather than relying on financial maneuvers or asset sales. This makes GameStop a compelling investment choice for those interested in a turnaround story within the dynamic retail and gaming markets.
Technical Analysis
Every time GameStop has made a double bottom, there has been a significant rebound to the upside.
May '21 + Aug '21 (+80%)
Mar '22 + May '22 (+149%)
Jan '23 + Mar '23 (+79%)
Nov '23 + Apr '24? (+?%)
The indicators continue to show a bearish trend, suggesting a potential further decrease in price. NYSE:GME recently touched the 0.786 Fibonacci retracement level. If positive news or market actions occur, there's a chance for a rebound up to the daily resistance.
Downside PT: $10.68
Upside PT: $14 and $15. (Price needs to stay above $12.78 for this to potentially play out).
Will be updating this as it plays out.
All the best!
Good luck and not financial or sexual advice. :)
$SHIB: About to Rocket All the Way to the Moon 🚀Hi everyone,
Hope you all had a great weekend. After SHIB broke above the monthly indicator, price skyrocketed to 0.00004575. Now, we're seeing a weekly crossing the monthly which indicates a strong acceleration in price to the upside. Current price target is $0.00003275 and second price target is $0.00004998. The daily is acting as support as this manifests. As always, not financial advice :)
Good luck everyone!
GOLD 3 H TIME FRAM Full ? UPDATE READ THE CAPTION)Hello traders what do you think about Gold)
Gold pair price All time high Bullish Gold pair price 3H time frame break level of 2270 test 2280+ I think 💭 Gold pair price 2280+ 2290 of break out Next Movie possible 2300+ 2324 Gold pair price technical analysis update 3H Chart
Technical analysis update berak above avrege levels📉📈📊👍
✅ 2124 berak above avrege 2188+ 2208 Done ✅
2208 berak above avrege 2230+ 2250 Done ✅
2250 berak above avrege 2263+2280 Done
2290 break above avrege 2300+
2324 / looking a new Ath
^
Gold Buy. 2270
TP 2280
TP ^. 2290
SL @ 2265
G old sell 2300
TP ^ 2290
TP ^ 2280
SL @ 2305
Follow risk management
Don't forget like this analysis
EUR USD 3 H TIME FRAM Full ? UPDATE READ THE CAPTION)Hello traders what do you think about EUR USD)
EUR USD Technical Analysis 3H time frame update
Eurusd break level of big support levels 1.07237 pullback bullish patterns updates 3H time frame break level more above avrege levels
Technical analysis update 3H time frame update above avrege levels 📉📈📊
1.7699 Break above avrege 1.08097 Done ✅
1.08111 Berak above avrege 1.08559 looking now
1.08567 Berak above avrege 1.9330 looking now
EUR USD Buy 1.7667
TP ^ 1.08056
TP ^. 1.08567
SL @. 1.07237
Follow risk management
Don't forget like this analysis
what is the next move ? 🐺🤔Hello my friend .
I hope you fine ; if you readed my previous idea about BTC and also BTC.D probably you are one the people who actually survived form previous dump and now enjoy the profits ; if you missed them you can check them below :
BTC.D :
BTC :
So let's talk about the current BTC situation ; if you look at the daily chart you could defiantly see an obvious support level around the 60500$ area which is very important for BTC , if we lose this support the next support level is around the 50400$ and the ultimate support is somewhere around the 46000$ .
but for the bullish scenario we have to wait for the breakout from the downward slopping trend line which represents by the blue line , and in my opinion if BTC break above it we will see a massive run up to the 100K and even more so make sure to prepare your self for the both scenarios .
Have nice trades... 🐺
MCT/USDT Update Pump & Dump 10-04-2024MCT/USDT G-Money's short version analysis based purely on technical analysis only, no nonsense or "BS":
MCT/USDT still on watchlist waiting for a signal to enter trade. I do hope that nobody got tempted too much to enter pump & dump! It is a fastest way to loose hard earned money...
;)
Trade safe & don't do "gambling". In the end it never pays, not worth it to risk loose all your $...
GOLD 3 H TIME FRAM Full ? UPDATE READ THE CAPTION)Hello traders what do you think about Gold pair
Gold pair technical analysis
Gold pair price all time high 2267 resetting low support levels 2228) buyers reject level 2227) Gold pair price pullback bullish RSL 2267) now market breakdown of resistance levels 2267) I think 💬 Gold pair price if the 2270 possible for confirm Next Movie 2300)
Berish diamond levels buyer's
don't reject this resistance 2267 I think Gold pullback Berish fall same big support levels of 2228 breakout Next support 2205
2183 _ 2123
Gold sell 2300
TP ^ 2280
TP ^ 2270
SL. 2306
Gold sell. 2261
TP ^ 2250
TP ^ 2240
TP 2230
SL. 2267 .
Follow Must risk management
Safe trade don't forget like this analysis.
$DOGE: 🚨 Bull Run Imminent, Up Up and Away! Hi everyone,
Hope your weekend was awesome! DOGE just took off after surpassing the monthly indicator, hitting $0.22. Now, it's all eyes on the weekly, which is about to cross the monthly. We're eyeing a climb to $0.29 first. The daily is acting as support and solidifying the trend. As always, NFA!
Wishing you all the best!
( Gold pair price test diamond zone 2148) more Read caption 📌Hello traders what do you think Gold pair) OANDA:XAUUSD
Gold pair technical and fundamental analysis 📊📉📈
Gold pair price list week well bullish 2195 breakdown pullback Berish diamond zone2168) pullback bullish patterns closing 2179 I thank God price test supply zone 2195 pullback Berish testing diamond zone 2148) OANDA:XAUUSD
Safe trade 🙏❤ don't forget like and comments
Possible (roughly estimated) Wyckoff cycle on BTCUSDThis is what I think may happen with BTCUSD based on Wyckoff cycles. I haven't checked the fibs or anything, so prices may be a bit inaccurate, but basically it works like this. Note that the prices here haven't been checked at all, and at the end of the day they don't really matter aside from the fact that market-movers know people look at them and use them to try to predict the market, which is nearly impossible unless you have enough money to set the market in your favor.
The people controlling the price (whales, institutions) can set walls wherever they want. They can cause the price to either oscillate within a range, to go up, or to go down. They are counting on human emotion (FOMO/ FUD) to drive the price one way or another.
Note also that, during cycles of Accumulation or Distribution, they are still accumulating during the lows of the Distribution cycles or the highs of the Accumulation cycles. So within these cycles are cycles of a lower magnitude.
The point is, the price is going to keep going up, because the asset has a fixed supply. They can prey on human emotion and lack of market education to predict what "most people" (the fish) will do. At the same time, they hold enough to setup walls and keep the price within certain ranges, allowing them to sell at the highs of that range and buy back in at the lows of the range.
This sounds stupid, because it literally is "sell high / buy low". In this case though, it isn't really all that stupid, because they can set the high and lows by creating buy and sell walls wherever they want to. Only a more powerful whale can really break their ranges, but that's pointless because it is in their best interest to work together and take the money from people trading on the daily, hourly and even sub-hourly oscillations. After all, they aren't counting on something going "to da moon" to pay their bills. They have enough money to survive a crash, or to capitalize on a "breakout" (which is when they stop selling and keeping the price within a range).
Most of these prices will look random, which they kind of are. But it's like putting 5 metronomes on a platform with a couple of cylinders beneath it - eventually the metronomes sync up. So their goal is less to "make money on this next day" than it is to "figure out a range that works in our best interest, and keep it going for as long as the little guys keep playing ball". Once smaller-time investors (people who have to go to work or are counting on good trades to pay their bills) dry up, they simply stop holding the price down and let people continue to buy. These are the people you should be following, because ultimately, they control the price.
That's the beautiful thing about Bitcoin. Its value is not predicated upon who has the most missiles, or who is developing some groundbreaking new technology. It is only predicated upon the assumption that it works, which it does (as a means of transferring value from one individual to another in a secure manner).
Altcoins are typically people trying to "print more bitcoin" by piggybacking off of the crypto movement in general and hoping enough fish bite the hooks. There are very, very few altcoins that have any intrinsic value which Bitcoin doesn't already have. I can't even think of one right now, so if you can please let me know.
Gold price should buy again?Hello, dear freinds
Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key support area. With market analysis, technical indicators, and price action as your allies, evaluate the potential upside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Bitcoin Heading to 64.8kTraders,
Bitcoin is likely to start making daily lower highs this next week. Of course, we have another FOMC meeting coming up which will add a level of uncertainty and possible volatility. I have been hoping for a retrace down to that 64.8k level (ascending multi-year support/resistance) and I think we'll get it.
Above I have the proposed path that price might take. Once we have tagged that 64.8k level the question becomes, "What's next?".
Remember, we have an 80k inverse H&S target which we have NOT hit yet. And as long as we remain above that multi-year support level, my experience tells me that we'll probably bounce there and continue upwards. However, as always, we have to prepare for the other scenario as well, that we continue down.
If we continue down, then likely we'll retest that purple neckline around 48k. And, IMO, that may be one of the last times you'll ever see 48k on BTC again. Even with the looming U.S. recession/depression that should begin sometime this year (and it will be bad), I see Bitcoin holding it's ground and remaining relatively strong overall against other asset classes.
Best in all your trades,
Stewdamus
MINA Analysis: Potential Correction, SELL or BUY Setup?!🍣📈Weekly Channel Breakout and Retest:
MINA previously broke out of its weekly channel and reached its target successfully.
The recent breakdown below the channel indicates a loss of bullish momentum and potential for a retracement.
🔍📉Corrective Phase and Resistance Levels:
If MINA undergoes a correction, it is likely to retrace upwards until reaching its weekly resistance level.
A rejection at this resistance level, coinciding with the RSI reaching the daily blue resistance line, could present a selling opportunity.
🚫Early Sell Setup and Risk Management:
A sell position could be initiated early at the current price level (below the lower channel line) using the red trigger line as confirmation.
Trailing the stop-loss to the lower support zone can help mitigate risk and maximize profit potential.
✅Important Considerations✅
The overall market trend should be taken into account before executing any trades.
Confirming the reversal with additional technical indicators and market sentiment analysis is essential.
🚫This analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research and employ sound risk management practices before trading.
🚫
SPY to $460Overview
Utilizing trading patterns and consistencies between several technical indicators, I believe the equity market will begin to unload soon as traders collect their profits from the recent rally and prepare for the next FOMC meeting on 19-20 March.
Trading Patterns
SPY is currently undergoing a rising wedge which is a bearish trading pattern. Within the wedge, I outlined an impulse wave pattern which shows SPY at what may be the peak of the third wave. Rising share price on dwindling volume, in addition to divergences spotted on the RSI, MFI, and MACD, lead me to confidently believe a dip to around $460 is approaching.
Price Target
I used the support and resistance lines of the macro rising wedge to determine the paths of the impulse waves, assuming their troughs and crests will reach the respective lines. Presuming the rules of impulse waves hold true then the fourth wave cannot end pass the crest of wave one, which falls in line with the 50% retracement level of the third wave (blue and red Fibonacci tools). This level rests at a share price near $460.
Utilizing a larger Fibonacci tool to encompass the entire rising wedge and a projected fifth wave crest as 100%, the $460 share price is around the 61.8% Fibonacci level (when used in the uptrend).
Supporting Technical Indicators
The MACD shows a divergence as well as an approaching cross over its signal line from above.
While not as prominent as MACD, the RSI also shows a divergence between the share price and peaks within the RSI oscillator. I've highlighted the divergence by placing a horizontal line at the end of the first peak. It is also reflecting overbought signals.
The MFI shows a sharp negative slope but the SPY share price is still rising. This divergence, aligned with the signals of the other two indicators, suggests the share price may be about to drop.
BTC - Try This INDICATOR for DEMAND ZONES📉Hi Traders, Investors and Speculators of Charts📈
Bitcoin is undoubtedly on it's way to making a new ATH. But one question is on everyone's lips... When will we see a pullback?
Pullbacks are a normal and healthy part of any bullish cycle. With the price increasing constantly this entire week, a pullback seems immanent. In today's analysis I'm sharing a quick tip with you on how you can use an indicator to gauge the next major demand zone/support zone without setting up trendlines. This indicator is also helpful in spotting a local top/bottom.
Here's another helpful indicator to watch. This one identifies major trends, and gives real time "buy" and "sell" signals which you can setup as alerts on charts:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
COINBASE:BTCUSD
Sell EURAUD Channel BreakoutThe EUR/AUD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming minutes or hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.6620, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: Initial bearish targets lie at the previous support levels within the channel, now acting as potential resistance zones: 1.6525 and 1.6479. Further downside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions.
Stop-Loss: To manage risk, place a stop-loss order above the broken support line of the channel, ideally around 1.6660. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
( Gold 200+ pips short Berish analysis)Hello Traders what your next target for Gold pair)
Gold pair technical and fundamental analysis📈📉📊
(Technical analysis)📉📈📊
Gold pairs last week well moving Up trand 1986 to 2040
Test breakdown down raenj now Gold pair test supply zone of 2040 I think Gold pair this week' well short Berish moment
Test 2016 Diamond zone 2016 and my analysis target
(Diamond and supply zone)
(Dxy bullish on analysis)
SNOW: Positive Technical Patterns Ahead of EarningsNYSE:SNOW is completing a long-term bottom formation that is only visible on a weekly chart. The company was highly touted at IPO but has struggled since then.
Candlestick patterns indicate pro traders in the mix right now. The stock reports earnings Feb 28th, next week. Candlestick patterns and Pro trader influence imply a possible good report this time around.
After a 300% Run Mind has Retested and Gearing for More!First caught my attention by the scanner
🔎 *Symbol*: `MIND/USDT`
📈 *Signal*: `Long`
💲 *Current Price*: `0.005523`
🛑 *Stop-Loss*: `0.0029251700000000004`
💰 *Market Cap*: `0`
🚪 *Entry Prices*:
📥 Entry Price 1: `0.00422966`
📥 Entry Price 2: `0.00476767`
📥 Entry Price 3: `0.0052025000000000005`
📥 Entry Price 4: `0.005637329999999999`
🏁 *Exit Prices*:
📤 Exit Price 1: `0.00845267`
📤 Exit Price 2: `0.00932233`
📤 Exit Price 3: `0.01073`
📤 Exit Price 4: `0.01213767`
i realized this coin doesn't have an extensively long history, in fact it's very brief. But Recently We had a 300% Run. After that we Retested heading all the way down close to where a stop loss would be considerable at the bottom Fib Channel. On the other hand after a 300% a Correction is not only expected it's required.
Here are the the multiple reasons we'll Consider
MIND
a Continuation
We Have a Huge Breakout and the Swing Low Following Stayed above .213 Fib on Extension
Shortly After the Moving Average Providing Support Moved up through the Fib Channel it was Wicking toward during Correction
When ADX bottomed and turned around, the MACD Failed to break the signal line and signaled a buy now showing Strength