We'll have to see how it plays out but with great momentum and with a good fundamental analysis, could see Nucor perform its way out of this bull pattern to a nice target.
Cleaner look at btc in its range, heading to 12k area in my opinion before its April halving cycle. Its in a range now, can expect it to range between outlined areas until 12k area.
I believe that eth is going to follow bitcoin into its previously mapped halving cycle. Eth is currently in a range marked between the two blue solid lines, with a middle resistance marked with dotted line. This is looking like a long term formation, accumulation below bottom blue line would be nice. Also, can buy the retest on a breakout. I'm sitting out until...
BTC at major resistance. Fundamentally I expect BTC to represent its halving schedule for next bull run. I'm guessing BTC hitting its lows around april of 2024. Until then we have to look for weakness and strength, I believe this is a bull trap due to weak volume and continued rejection at res.
Doge at major resistance and below trend line. Looking like doge is going to need some major volume to break above major resistance. I believe market is still waiting for more price reduction yet, and following in line with bitcoin halving cycle.
I think BTC will provide us some insight on one of these 2 areas. Either green arrow into 14,400 area for a trend retest. OR we go into a massive macro area of 12,500... either way we will judge btc outcome on reaction of these two areas. This is back the truck up unless another black swan hits.
Bitcoin is trading just above a major previous resistance zone in the 20k area. The volume and interaction of flipping this area to support looks weak. Looking for a bearish continuation pattern to play out on the daily timeframe. Accumulation area is highlighted in the green box between the next major supports/resistances. Major downtrend is highlighted in the...
Look for a successful retest on bottom of channel for trade entry. Not my type of trade to enter this after its ran this much, but has potential for scalp. ( Do your own research/ Not financial advice)
Bitcoin seems to be liking the rising wedges lately, showing strength. We're trading near the bottom of another rising wedge, seeing a rejection at the bottom for breakdown. I would trade this channel now and exit upon confirm breakdown of wedge. For a safer entry, trade the confirmed breakout once Bitcoin confirms the retest on top of the wedge. (of course not...
This stock relies heavily on the rapidly changing fundamental analysis with changing market conditions. Key support and resistance levels noted in orange on graph. Trend analysis, and trend directions noted in solid blue lines. With rapidly changing market conditions, this could create volatility.
Keep an eye on this going into the week end, looks almost complete here soon. Be careful out there!
we've broken the ascending wedge, now retest and send ? Ethereum looking strong
Ascending wedges are usually bearish, and would indicate an eventual break to the down side. Would love to have another pattern heading into the week-end, but I guess it could be worse. Ethereum has been showing strength this week. Week-ends usually being volatile, would've liked to see a different set up heading into it. Let's see if eth can demonstrate its...
eth has formed a bull flag on lower time frame, looks like itll be leaving that bearish ascending wedge in the dust. Time will show us, information in the chart.
Ahead of august 4th, I’m really looking to have a position in ETH, for the London hardfork. TA might be signaling a breakdown from here, although the fundamental analysis is strong, who wins out? Watching this retest from here but the TA looks bearish ☹️
Ethereum ranging in a channel currently, but if broken could yield awesome gains. Great chance of breaking channel as London Hardfork is coming up august 4th. Be very careful with deadlines, if hardfork experiences delays, could mean massive impact for breakdown in trade, otherwise its looking like an easy break of channel if BTC remains kind.
Information is in the chart with color coated directional ideas. If BTC allows, maybe a bounce from res to form support, then challenge the ascending channel for further breakout. Measured move for the break of the symmetrical triangle is noted as 89 cents. Further assessment needed once interaction with that res is achieved.
Informations in the chart, haven't really published many ideas for lack of interest in sharing really. I only published this because of how bullish it is + lack of charts. Enjoy, lmk what you think. Ignore my 15 min idea, it was thrown up off my phone so people had more information. (DO your own research/ Not financial advice) BINANCE:GHSTBUSD