Random parabola on XBT up until spring of 2025. X marks the spot, not much else besides a simple arc drawn using three reference points.
I aim to articulate the discernible trends depicted on the chart. Numerous trendlines can be observed in the historical movement of Bitcoin, with a notable convergence anticipated within the green-highlighted zones by 2024. I anticipate the current distribution pattern to undergo a resolution downward, culminating in the formation of a plateau. This plateau may...
Nothing all too technica l besides the overextension that we have seen. Mostly a short-hunt in my opinion. I am mostly founding this short on the recent performance BINANCE:YFIUSDT had. For those who are new, YFI is a genius-shitcoin that once was deemed to be the next btc I guess? AFAIK there were no recent developments / implementations made but I stand to...
I don't think TVC:USOIL will surpass the purple box anymore for the forseeable future. Mostly (as a worst case scenario) I see it maybe touching the upper limit but nothing more. TPs are well marked on the chart. Hopefully I will nail it down more or less with the timeframe aswell. Fundamentals are clear as daylight too.
In analyzing the gold market, I've observed a recurring pattern of ascending triangles over the past three years. Additionally, I've identified a discreet descending channel , a pattern often associated with bullish trends. Anticipating a breakout from the upper boundary of this channel by February 2024, it's noteworthy to consider the potential role of the...
Today we are showcasing our dear and favourite NASDAQ:NVDA . Suprisingly latest FOMC news delivered a strong 15% move only in a couple of days. I have structured a descending channel that forms withing a triangle formation. Resolution of both is coming soon, expected before EoY.
Falling wedge formation extended daily visualizer.
Looks like the whole Russia situation will end up proping the ICEUS:DX1! , good for a small short entry. Whole week looked like a fakeout (Elon/Zuck won't happen anymore, they knew about sub hours into it happening etc) so I'll pay close attention in this area.
BITSTAMP:BTCUSD Recent Performance: Stability : BTC has maintained a tight trading range in recent days and weeks. Volume Reduction : Trading volume has decreased during this phase. Calmer Volatility : The market has experienced a decrease in volatility. Anticipated Movement: Expected Move : We anticipate a potential 10-15% movement in the near...
Expecting a retracement towards the upper boundary of the descending channel.
I don't know. Perhaps its wishful thinking. /but/ Lets face the reality. Coronavirus pandemic is over and markets have already shown strength despite recent FED hike. If the war ceases and Russia lays down its arms with a peace tready mediated by the chinesse would be market pump galore. Most probably it would also help china dodge more sanctions imposed by the...
This time we are going to have a look at the gold chart. Currently it approaches an old resistance area. I will take the opportunity to express a short position entry. Althrough I think my TP target is exagerated, I will monitor the trade closely, my SL is tight as hell. By the way, I am net long on gold. I have just learned in many years that gold doesen't...
In the following GLD chart we can see a symetrical triangle forming. Due to my thoughts that US:OIL will go down in the following period, energy costs will also dwell. Lower energy costs + hawkish fed = inflation will be diminished -> gold pullback. I might be /hella/ wrong. Only time will decide.