BINANCE:CRVUSDT tested the range low twice since 2023. After its latest test, it began to move upwards. The level of 0.70 was a significant testing point, where liquidity was absorbed. Within 2024, I anticipate the movement to continue towards $1.0 first and then towards $1.3.
BINANCE:ICPUSDT , experienced a strong downward trend from 2021 to the end of 2023, has continued its upward movement since 2024. The price, which rose from $3 to $13 in the first months of 2024, is expected to surpass $23 in the coming days, hunting short positions in that level. Upon reaching this level, it could be expected to rise up to $28.
NYSE:GEO looks like in a trending up period. The price completed a consolidation phase (stage-1) between May 2021 - Nov 2022. From a moving average point of view, 10-week (simple) moving average (MA) is supporting the price and just recently touched the price again after its first touch in Nov 2022. Moreover, MA100 crossed over MA30 recently with a bullish...
Lilak can record more price uptrend in the next days over its EMAs. Currently, the price is moving back to the previous support line. This can mean a support protection and trend continuation. IMPORTANT: This is not financial advice.
Viridian Therapeutics has been in an accumulation phase since 2020. Moreover, the price has recently moved above EMAs (10, 21 and 30) with price gap and significant volume increase. I think price will continue its mark up phase in the next days. IMPORTANT: This is not financial advice.
Sunrun is a provider of photovoltaic systems and battery energy storage products, primarily for residential customers as per the official description about the company. Solar business is a growing area and the company's financials are also improving in line with this growth trend. The current market cap is around 5-6 billion USD and I think there will be more...
NASDAQ:ON was in a strong correlation with SP:SPX in the last years. To be accurate, the correlation was so strong between 2002 to 2021. However, since the beginning of this year, this correlation is not working anymore. In this bear market, the company has been providing price support and testing new high levels. From a fundamental point of view, US needs to...
The price of TVC:GOLD has been trending with a similar trend of INDEX:BTCUSD when it reached at time high levels in the end of 2021. Moreover, the price range of Bitcoin between 2021 and 2022 looks like what Gold is recording. So, there can eventually be more corrections in the next term for Gold. Even, there can be price level at around $1,000.
Since Fed's tapering began in the end of 2021, mortgage figures have been in a mark up phase. There is still no indication of a correction. As a result of it, housing prices may not find support for new high levels. Monthly price changes in the negative territory are supporting this idea in the last months. However, the year over year housing price changes are...
This chart illustrates the ratio between equities markets by using SP:SPX and fixed-income markets by using TVC:US10Y . With the beginning of 2020, the equities markets lost the uptrend against the fixed-income markets. There can be period(s) of upward corrections but this trend change raises the question of a long term cyclical change. This means that the...
The consolidation continues but there can be an uptrend move in the next days/weeks. The previous swing highs can be the next target. The yellow line can be the extended target. The consolidation resembles SHIB's. BELBTC pair could be included to follow-up lists.
I think Bitcoin will make a correction in the short run. The next target price can be $42k. However I predict further gains in price in the mid run. The target of $100k may be achieved then. Though it is a far stretched number, I still expect a price move to that level. If fail, we can expect a complex correction for the next 2-3 years. Final long term target...
NASDAQ:TSLA price is in a consolidation phase since the beginning of 2021. The consolidation had a range low of $500 and highs of $900 and $1,100 in the last 2 years. Current macro conditions are not supporting a bull rally. Electric vehicle market long term fundamentals are still positive. So, the sell-offs may be limited thanks to the supportive future...
BINANCE:CRVUSDT price has been falling since the begging of 2022. It dropped by around 90% from its top of $6.9. The price is still under 21 and 30 day EMAs. So, there is no need to change the strategy. It is still a bear trend. I expect the price will test November-December 2021 lows, and even lower in the next term. After this sell-off, there will eventually...
CME:BTC1! price can test the 3D demand zone in the next term as the next price target. I also think that there will be more sell-offs in the next days since the macro conditions are not supportive and crypto market news flow is also not positive. Although I am not sure whether this demand zone will hold or not, (if holds) then there will be a consolidation...
ICP has been in a downtrend since September 2021. Since then, the price had clear distribution zones. Current pattern is a consolidation zone and possibly the first accumulation of the next upcycle. I will be bidding gradually in the next days for the next swing trade. Best of luck to everyone.
The next price range can be around $20 to $33. If there will be a consolidation in the price range, a price rally can be expected. The next price target after the consolidation can be $60. For the short run, the next resistance can be the $26 price level.
FTM hit 2D demand zone recenty. I think that there will be more accumulation in this zone and then a price move towards $2.5 will happen, into 1D supply zone.