Bitcoin is famous with its cycles, halving and huge returns. Since 2012 price has gone up from 2$ to 90,000$. Each cycle starts with halving and then price goes up by hundreds or thousands percent and then come back down. Since 2012, we have completed three cycles and we are in the fourth one. In the first cycle, the lowest price was 2$ and then jumped to...
Apple had a great move up from 165$ to 237$ in only 3 month, but since then price has been oscillating between 200$ and 237$, this oscillation seem to form an ascending triangle. Since the stock has been moving up in long and short term, the probability that this triangle breaks out to the upside is higher than breaking out to the down side. Currently the price...
Pepsi co had a steady bull run from March of 2020 to May 2023, where the price doubled in a span of three years after testing it's long term support line in March of 2020 at 100$. Since May 2023, the price is in a downtrend and even Trump pump did not help it! Currently price is about to test its short term resistance at 157$. This price coincides with 0.382...
Palantir uptrend move from June 2024 so far has been incredible. But I think enough is enough! Palantir broke out of its "cup and handle" pattern in mid June and already hit its target at about 50$ per share. The stock price is currently standing at 58$ per share, which is surpassing its cup and handle target and even 4.76 Fibbonaci extension level. I believe we...
After a 65$ price surge from April to June, NVIDIA was experiencing some consolidation in the range of 140S to 90$. The price broke out of this consolidation zone which formed a symmetric triangle pattern in mid October. The next target price for NVIDIA is 65$ up from breakout point at 125$, which makes the price target of 190$. This target level coincides with...
After 9 months of downtrend/sideways price action, bitcoin has finally broke out of this trend. If we zoom out to weekly time frame, the 9 months of downtrend/sideways price action, serves as "handle" for "cup and handle" pattern which goes back to Nov 2021. Finally, after 3 years, this pattern is completed and bitcoin is set to get to it's next target which is...