basictradingtv

03:27

basictradingtv Updated 

NASDAQ:INTC is about to create such a massive higher timeframe candle - a drop is immanent! Within one month, a setup played out and we are back to beginning. During the past 30 days, Intel rejected the support towards the upside with a move of +25% and immediately reversed the entire move. The monthly candle will close so bearish, I do expect a break below...

03:32

basictradingtv Updated 

Tesla ( NASDAQ:TSLA ) is stuck between structure: Click chart above to see the detailed analysis👆🏻 Tesla continues to consolidate in the long term descending triangle pattern. Following previous price action, a bullish breakout is much more likely but Tesla is still trading below the trendline resistance. A potential bullish breakout will be followed by an...

04:29

basictradingtv Updated 

Nvidia ( NASDAQ:NVDA ) is reversing at a strong resistance: Click chart above to see the detailed analysis👆🏻 Last month Nvidia already corrected about -35% but managed to close with an indecision doji candle. However, previous cycles, the recent rally of +1.000% and the fact that Nvidia is retesting a strong resistance trendline all suggest that Nvidia will...

03:04

basictradingtv

Microsoft ( NASDAQ:MSFT ) can still drop a little lower: Click chart above to see the detailed analysis👆🏻 It seems like the correction on Microsoft is not over yet and following previous price action and market structure, a move back to the previous triangle breakout level seems to be quite likely. However Microsoft still remains in an overall bullish...

03:33

basictradingtv Updated 

NYSE:BABA dropped roughly -75% after it broke the long term trendline towards the downside back in 2021 before it found some strong support at a previous horizontal support level. Click chart above to see detailed analysis 👆🏻 Bulls are still not giving up on Alibaba and after the strong retest and reversal of the all time low back in 2022, Alibaba managed to...

03:27

basictradingtv Updated 

Apple ( NASDAQ:AAPL ) is stronger than 99% of stocks: Click chart above to see the detailed analysis👆🏻 Despite the recent stock market weakness, Apple is trading at new all time highs. This clearly indicates that buyers don't let this stock down but are rather buying every dip. Even though Apple is retesting a channel resistance, a breakout followed by a...

03:31

basictradingtv Updated 

TVC:NDQ is finally rejecting the resistance and creating the anticipated bearish correction. Let me just put it that way: The correction was 100% anticipated and you can definitely then trade accordingly. Just a couple of weeks ago the Nasdaq retested a resistance which has been pushing price lower for 14 years - a correction was very likely. So far the Nasdaq...

03:37

basictradingtv Updated 

NASDAQ:NVDA is showing us multiple confluences which will lead to a massive move lower. Be greedy when others are fearful and fearful when others are greedy. But on Nvidia we cannot be fearful yet - so far, the smaller timeframes are still bullish. Everything makes me believe though that we will see a significant move lower soon: Nvidia is retesting massive...

03:51

basictradingtv Updated 

NASDAQ:AMZN did not create a sustainable all time high yet and might head lower short term. Click image above to see detailed analysis Short term counter-trend moves are always very welcome because they allow you to enter trading opportunities within a major higher timeframe trend. After Amazon actually broke above the previous all time high but immediately...

03:29

basictradingtv Updated 

BITSTAMP:XRPUSD is again rejecting the triangle formation - time for a bullish breakout! Just one month ago, I told you that XrpUsd is preparing a bullish rejection and a triangle breakout followed by an insane bull-market. So far this is playing out exactly as predicted and XrpUsd is outperforming 95% of all other cryptocurrencies. Please just listen to me...

03:14

basictradingtv Updated 

BITSTAMP:BTCUSD is reversing every single rejection of the previous all time high which we saw over the past couple of months, clearly showing that buyers are still overall in control of Bitcoin. Click link above to see detailed analysis 👆🏻 For a couple of months in a row, Bitcoin has been retesting the previous all time high which was created back in 2021...

04:11

basictradingtv

NASDAQ:TSLA can break out soon: Over the past two weeks we saw an incredible stock market rally and also Tesla completely reversed the flash crash which we saw in the beginning of August. It is still quite possible that Tesla will break out of the long term triangle and immediately head back to the previous highs. Levels to watch: $230, $400 Click chart...

03:31

basictradingtv

NASDAQ:AMD is retesting a significant horizontal structure and we might see a bullish reversal soon, considering that AMD already created a correction of -45% over the past couple of months. Click chart above to see detailed analysis AMD is clearly one of these "AI" hype stocks which is now coming back to normal levels after also NVIDIA and other tech...

03:50

basictradingtv

NASDAQ:INTC created a top formation and is dropping hashly ever since - be careful! Click image above to see detailed analysis Catching falling knifes will go wrong 9 out of 10 times and you will cut yourself very badly. Just in a couple of months, Intel is down about -65% and is not slowing down at all. This honestly seems like the possibility of...

03:22

basictradingtv

NASDAQ:TSLA just confirmed a false breakout and is now reversing towards the downside. Being able to only read price action properly can already make you a profitable trader. Tesla was attempting a triangle breakout last month but closed with a significant bearish wick. Therefore this is considered a false breakout and Tesla will head lower over the next...

03:33

basictradingtv

BITSTAMP:BTCUSD is preparing its most bullish breakout of the entire trading history! After a couple years of trading experiences, you will simply stop paying attention to your emotions. Looking at the chart of Bitcoin objectively, you can see that everything is still incredibly bullish. Despite the hesitancy at the previous all time high, Bitcoin is also not...

03:26

basictradingtv Updated 

NASDAQ:NVDA is about to create a bearish reversal which will lead to a -60% correction! Charts just don't lie at all - instead fundamentals are always an illusion. Nvidia was retesting a major resistance trendline and is starting a significant bearish reversal. Nothing changed fundamentally but Nvidia is already down -25% over the past couple of days. This is...

03:09

basictradingtv

NASDAQ:MSFT dropped after reporting earnings and can now create a short term correction! Simplicity is key, also when it comes to trading the higher timeframes on stocks. All you need are three lines in order to fully understand the trading history and also future of Microsoft. If we get a retest of the triangle breakout level, which is perfectly lining up...