In the previous analysis, I recommended a Long position for Bitcoin, and it performed well initially. However, as time passed, the buying side exhibited decreasing strength, and the Bull momentum diminished significantly.
At present, at the very least, BTC needs to break through the previous high. Therefore, we should stick to the Bull trend in the short...
Okay, let's analyze this quickly.
Because the current Bull Momentum of @Nvidia is in harmony, we need to wait for the price to react (badly) to the green line on the chart before considering a SELL.
On the flip side, since the price is currently respecting the resistance line of the previous horizontal channel, we will have to wait before considering a BUY....
Previously, I published an early call for FX:GBPUSD buy when the Pound showed early signs of strength. (Unfortunately, I cannot send a chart snapshot of that post here because the old account has been suspended.)
Everything is still going well with the British Pound. If you have held the position since then, rest assured.
WHAT A WISE TRADER DO?
If...
AAPL is currently facing a significant challenge: the 0.382 Fibonacci level in wave C, the resistance zone at the old peak, a Mean line of the W1 Channel, all converging at the current moment.
On the bullish side , one of the most encouraging signs is that the B-wave correction is not deep. This is an indication of strong upward momentum. Additionally, the...
Uhm... ohm...
I think we should leave NASDAQ:AMZN and @JeffBezos alone.
The #Amazon price has fiercely struggled in the range of 140-150 for over a month. Bulls and bears have been battling for every inch of territory, causing traffic jams, and there's not much we can do.
However, with a strong full-bodied candle last week and Bulls gradually winning small...
![BTCUSDT: Bitcoin shows signs of exhaustion on D1 [short term].](https://s3.tradingview.com/b/BLEOlYGj_mid.png "Bitcoin shows signs of exhaustion on D1 [short term].")
![NVDA: Will $NVDA head South?[ Short-term Analysis]](https://s3.tradingview.com/9/9Yknoii1_mid.png "Will $NVDA head South?[ Short-term Analysis]")
![GBPUSD: Brishtish Pound Will remain Strong?[ Short-term]](https://s3.tradingview.com/k/Kwv5PA0P_mid.png "Brishtish Pound Will remain Strong?[ Short-term]")
![AAPL: What’s now, $AAPL ? [ Short-term Analysis]](https://s3.tradingview.com/y/yCz8hxoY_mid.png "What’s now, $AAPL ? [ Short-term Analysis]")
![AMZN: Let AMZN Be … [ Short-term]](https://s3.tradingview.com/b/BQSKryuR_mid.png "Let AMZN Be … [ Short-term]")
