We observe that NASDAQ:MSTR is breaking out of a zone that could determine the downtrend. This is also visible in the Dynamic RSI, which shows a continuous decline. Additionally, the current news for BTC is not favorable, suggesting that BTC could gradually decrease. This might mark the beginning of an Altcoin season. Since NASDAQ:MSTR holds a significant...
NASDAQ:AMD has encountered resistance and is now transitioning to a potential uptrend. The price target is set at $160. However, we cannot rule out a decline, which would occur if the resistance is broken to the downside.
Additionally, we currently have neutral news, which should support the price in aiming for an increase, as we see a clear undervaluation.
The price is now falling back into the buying zone, indicating that we could see a brief bullish trend. We would enter with a 0.5% position upon reaching the buying zone and add another 0.5% position if the price holds above the resistance rather than falling below it. The take profit would be set at the target level. This setup could result in a good, short uptrend.
If the price breaks out of the breakout level, the target is the resistance level. If it breaks through this level again, price targets of $43.31 can be expected during this bull run for #DOTUSD.
We observe a similar pattern to what occurred previously with APPL. Additionally, the Dynamic RSI indicator suggests that Apple could rise further. Therefore, we are setting the buy zone at the blue level. For Apple, two take profit levels have been set, meaning the strategy involves selling 50% at the first take profit level. Should the price return to the buy...
Gold is currently considered undervalued based on both the Dynamic RSI indicator by Lars Gross and the technical analysis of levels and structure, making it a viable buying option.
The buying zone is located at the breakout of the level marked by a blue horizontal line.
A significant resistance line is at the 2,643 $ mark. The selling zone/potential take-profit...
We see a nice pattern for a downtrend here. We also see that no line was broken. There was a breakout. At 400$ there is a spin, means the market is spinning, after the breakout at 400$ we go to the 340$. I will go in with options from there.
