As i see there are only 2 possible routes for SPY as the moment ,continue to current uptrend or a huge correction ( sideway channel). Nothing can go up forever i think. Let's see
nothing to say here since this is a typical scheme repeat all the time. newbie should avoid fomo these..
Monte Carlo Simulation, also known as the Monte Carlo Method or a multiple probability simulation, is a mathematical technique, which is used to estimate the possible outcomes of an uncertain even. In simple words, mcs using random numbers to simulate events and under law of large number , the out come of prediction will similar to what happens in reality in...
bitcoin chart has a rising wedge pattern on a small time frame but has a falling wedge on a larger time frame. Although at the moment most of the news related to cryptocurrencies is negative (bear-ish) but never say never in this market.., just think about what will happen if those shorters at 38-39k get liquidated can create a wick up to 50k..?
Hi I'm noob here. The US Dollar index looks like parabolic arc in text book, and the strong resistant (red line) at the moment, so probably there will be a 60% retracement ? And since DXY and Nasdaq 100/ bitcoin most of the time have a negative correlation coefficient, so there will be a bullish movement in stock and crypto in next few weeks?
In my funny opinion about btc trend I think there's 2 scenarios for btc right now, the bullish and bearish one depends on if btc break the triangle or not. If btc goes side way from now to end of this year, then we probably has 1 more bull run next year with 120k target in 2023-2024. Maybe need more fundamental analysis to determine it's a bull or bear
Just analyse this for fun, and i publish this to save for later use. I personally dont trade this token but from chart it looks like APE is on the way to ~40 in mid May. Hope I'm wrong
This is the pattern i can see when looking at BTC 4h. Look like we're in a downtrend with expanding triangle correction, it means btc probably will have 1 more leg up to 44k then a reversed downtrend to 33k.. Everything is 50/50 maybe? Does this make any sense to you?
First look at the chart it seems like Zil is in 3rd wave in a bullish trend. I have no idea or information about fundamental analysis of this coin. This is purely technical analysis and nothing's certain.
I'm noob here. It seems like we're in the accumulation phase and probably a spring is coming then a quick bounce back.. I have 50% change to be correct :))
BTC recently seems to follow WXY EW correction. If this is true it there should be a retrace to 0.618 fib (25k6) then a continue to next bullish wave. Pls kindly correct me if I was wrong