basictradingtv

03:31

basictradingtv Updated 

Alibaba ( NYSE:BABA ) is bullish despite Trump's presidency: Click chart above to see the detailed analysis👆🏻 Two months ago, Alibaba pumped 30% within a couple of days, perfectly following the resistance trendline breakout. So far we saw a rejection of the upper resistance level and it is quite likely that Alibaba will retest the breakout area. However,...

03:15

basictradingtv Updated 

Tesla ( NASDAQ:TSLA ) just broke above the last resistance level: Click chart above to see the detailed analysis👆🏻 With Trump winning the election and Elon Musk being a supporter of Trump, Tesla is rallying significantly. But looking at market structure, this rally was also expected, considering that Tesla just broke out of a triangle pattern. Now Tesla...

03:45

basictradingtv Updated 

Bitcoin ( BITSTAMP:BTCUSD ) is finally breaking all resistance: Click chart above to see the detailed analysis👆🏻 Patience once again paid off after Bitcoin has been retesting the previous all time high for about 250 days, not really being able to create a sustainable breakout. But now, after all this waiting, things are happening pretty quickly and Bitcoin...

03:38

basictradingtv Updated 

Xrp ( BITSTAMP:XRPUSD ) is retesting a major confluence of support: Click chart above to see the detailed analysis👆🏻 For a couple of years now, Xrp has been trading in a bullish symmetrical triangle pattern. As we are speaking, Xrp is retesting the lower support trendline and also a horizontal support level. It is quite likely, that we will eventually see a...

03:30

basictradingtv Updated 

Apple ( NASDAQ:AAPL ) is preparing for a minor cycle correction: Click chart above to see the detailed analysis👆🏻 After creating five consecutive bullish breaks and retests of the previous all time high, it seems like Apple is one of these stocks which is perfectly following technical analysis. Considering that and the current rising channel pattern, it is...

03:55

basictradingtv Updated 

Adobe ( NASDAQ:ADBE ) is breaking out soon: Click chart above to see the detailed analysis👆🏻 After creating a rally of +2.000% over the past decade, Adobe created its all time high back in the end of 2021. The consolidation ever since has been quite expected, especially looking at market structure. But if Adobe breaks out of the current triangle, we will...

03:40

basictradingtv Updated 

Intel ( NASDAQ:INTC ) is perfectly respecting structure: Click chart above to see the detailed analysis👆🏻 For more than two decades, Intel has not been trading in any clear trend. We saw a lot of swings towards the upside which were eventually always followed by corrections, making Intel a very easy to trade stock. After the current retest of support, a...

03:14

basictradingtv Updated 

Netflix ( NASDAQ:NFLX ) will continue its parabolic rally: Click chart above to see the detailed analysis👆🏻 With this monthly candle, Netflix finally broke above the previous all time high and it about to continue the reversal triangle pattern cycle. We saw the same breakout back in 2013, when Netflix broke above the all time high and then started an even...

03:49

basictradingtv Updated 

Solana ( CRYPTO:SOLUSD ) is preparing for an all time high breakout: Click chart above to see the detailed analysis👆🏻 After dropping -95% in 2022, Solana then rallied an incredible +2.000% and retested the previous all time high. Then we saw a quite long term but tight consolidation and just two months ago, Solana retested the lower support again. It is...

03:17

basictradingtv Updated 

Coca Cola ( NYSE:KO ) will provide a textbook setup soon: Click chart above to see the detailed analysis👆🏻 Coca Cola is one of these "under the radar" stocks which is just trending higher and higher but nobody is really paying attention. However currently Coca Cola is retesting a resistance trendline of the governing rising channel pattern so a short term...

03:49

basictradingtv Updated 

Gold ( TVC:GOLD ) is now back to the upper channel resistance: Click chart above to see the detailed analysis👆🏻 After breaking above the plsychological $2.000 level, Gold created such an incredible rally, massively outperforming stocks and even cryptocurrencies over the past couple of months. Therefore, it is quite likely that big institutions will take...

03:47

basictradingtv Updated 

Tesla ( NASDAQ:TSLA ) is deciding about its future in the next 8 days: Click chart above to see the detailed analysis👆🏻 During the next 8 days - until this monthly candle closes - we will see whether or not Tesla will enter the next major bullrun. Currently Tesla is trading at the important triangle breakout level after dropping about -20% this month so...

04:42

basictradingtv Updated 

Dogecoin ( CRYPTO:DOGEUSD ) is about to repeat another bullish cycle: Click chart above to see the detailed analysis👆🏻 Dogecoin just broke out of the previous bear market triangle pattern and is starting its next major bullrun. Looking at market structure, price action and previous cycles, Dogecoin could even hit two digits after is manages to break above...

03:15

basictradingtv Updated 

Ethereum ( BITSTAMP:ETHUSD ) is still super bullish: Click chart above to see the detailed analysis👆🏻 Despite the correction of about -50% which we saw over the past couple of months on Ethereum, market structure and price action is still overall bullish. Ethereum is currently creating a bullish break and retest with a potential move of +60% towards the...

03:22

basictradingtv Updated 

Google ( NASDAQ:GOOGL ) will follow one of two scenarios: Click chart above to see the detailed analysis👆🏻 Google just perfectly followed the anticipated bullish break above the previous all time high, the retest and the bullish continuation towards the upside. Even if we see another retest of the breakout level, Google remains in an overall uptrend and the...

03:07

basictradingtv Updated 

Amd ( NASDAQ:AMD ) is about to start another +100% rally: Click chart above to see the detailed analysis👆🏻 Amd just retested and rejected a major previous horizontal structure and is starting the next major bullish wave towards the upside. Looking at previous cycles and the rising channel pattern, it is quite likely that Amd will follow Nvidia and create...

03:42

basictradingtv Updated 

Trading update on Silver ( TVC:SILVER ): Click chart above to see the detailed analysis👆🏻 Silver just perfectly completed the bullish break and retest and is about to reject the next horizontal resistance level. However everything is still significantly bullish and I honestly do expect a breakout soon. Following the previous cycle, Silver might rally...

03:24

basictradingtv Updated 

Bitcoin ( BITSTAMP:BTCUSD ) will exit the consolidation now: Click chart above to see the detailed analysis👆🏻 The only factor which is really driving the price of Bitcoin is technical analysis. And everything is pointing towards a bullish breakout above the preivous all time high and significant follow through. Make sure you somehow participate in the...