Understanding the Strategy: If you're bullish on Tesla and believe it could reach $700 by March 2025, a call option strategy can be a powerful tool to amplify your potential gains. Call Options: A call option gives you the right, but not the obligation, to buy a specific number of shares of a stock at a predetermined price (strike price) on or before a specific...
Beyond its electric vehicles, Tesla is at the forefront of AI research and development. Its self-driving technology, Autopilot, and Full Self-Driving (FSD) capabilities are prime examples of this. These advancements have the potential to revolutionize transportation and significantly impact other industries. The Impact of SoftBank's Investment SoftBank's...
Bitcoin's Potential Top: A Closer Look at the Rising Wedge Bitcoin's recent price action has formed a technical pattern known as a "rising wedge." This pattern can signal either a continuation of the current trend or a potential reversal. If Bitcoin breaks below the lower trendline of the wedge, it could indicate a significant price decline. However, if it...
Did Donald Trump ringing the opening bell at the New York Stock exchange today, Signal a dip before a rip? Isn’t it strange that he spoke with Jim Kramer? What are the market makers really up to? Big money, always leaves, clues or crumbs. A real technical analyst always attempts to follow the money and what clues they’re leaving behind and to where they are...
Usdt dominance is an indicator used by professional crypto traders to gauge the health of the entire crypto market. When Usdt goes down normally cryptos go up. Recently the crypto markets surged as the usdt has fallen. It has fallen so much that it has reached an oversold state and formed a double bottom. Does this signal a major correction in the crypto market?...
The XRP/USD weekly chart displays a pattern resembling a double bottom. If confirmed, technical analysis suggests a possible price target exceeding $3.93. Additionally, anticipated discussions about Ripple ETFs could potentially influence the price upwards. Some analysts also identify a fractal pattern similar to the 2017 Elliott Wave suggesting the possibility of...
This analysis examines the VET/USD 3-day chart, focusing on a potential uptrend, breakout target, and reversal signals. Identifying the Uptrend: Rising Channel Pattern The chart exhibits a rising channel pattern, characterized by price movements bouncing between an upward-sloping upper trendline and a lower trendline. This pattern typically suggests an uptrend,...
Bitcoin looks ready to shock the bears into a coma. Plan accordingly.
Bonk/usd appears to have formed an ascending triangle which is a bullish continuation pattern. Bucking the bearish trend that has recently plagued the crypto market, bonk can ascend to new all time highs after consolidation.
Capitulation and Recovery: Capitulation: A period of intense selling pressure that often marks the bottom of a downtrend. Post-Capitulation Recovery: After a capitulation event, the stock may experience a relief rally as short-sellers cover their positions and long-term investors start accumulating. Factors Affecting SMCI's Recovery: Fundamental...
Now that btc has surpassed 100k and all the X clowns plan to sell, watch it exceed your expectations and triple from here. I’m not your financial advisor but just an anon who knows his 💩.
The Bitcoin dominance which is presumably dead, according to Twitter or X whatever the hell you wanna call it now, is not gonna stop because you think you’re 💩coins are going through a seasonal rampage. Most coins will not make it. Choose wisely.
If Xrp manages to come out on top as Americas capital gains free new western union replacement then we will see a repeat of 2017. What a time to be alive. It’s definitely going to outperform Bitcoin IMO.
Most people are not aware that XM was the original XRP. Being faster than most blocked chains and reliable Xlm is definitely a contender to be reckoned with. After a parabolic run of over 500% in less than a month Xlm has enough strength to out compete even the most hyped meme coins. Since it’s does follow Xrp it will also attract institutional investors and may...
Analyzing the BTC/USD Weekly Chart: A Cup and Handle Breakout Understanding the Cup and Handle Pattern: A cup and handle pattern is a technical analysis chart formation that often signals a bullish reversal. It's characterized by a "U"-shaped base (the cup) and a subsequent consolidation period (the handle) before a breakout. Bullish Implications: If a cup and...
After the meteoric rise of the worlds first meme coin, does Elon musk still have grand plans for the doge token? I believe this upcoming election will bring many surprises and doge could benefit from the hype. Risk adverse traders should take heed for the volatility can be mind boggling.
Sol has been printing a large cup and handle pattern in the 3D chart. A correction or wick to $100 still doesn’t invalidate the pattern. Patience is key in swing trading. In general SOL has been holding strong thus far.
Solana is showing incredible strength alongside the rising btc dominance which will likely reach 60-61%. Sol is in what appears to be a cup and handle formation.