NVDA volitility could be coming - still eyeing $330Welcome to another edition of "Technical Analysis Works". Today we will be taking a closer look at NVDA, one of the most popular semiconductor stocks in the market. Back in January 23rd, I posted an article discussing the formation of a large inverted head and shoulders pattern on the NVDA chart. I highlighted that a breakout of resistance would likely lead to a significant rally, and that is exactly what has happened. Since then, NVDA has been on a bull run, moving almost straight up.
Currently, NVDA is testing an important area of historical resistance at the $270-$275 level. Bulls need to break through this level in order to maintain control and open the door to the $330-$340 range, which was the original target from the technical formation.
However, the lack of significant retrace and warning signals from indicators, including the Wave Master Pro, suggest that it may be wise to wait for a pullback before making any further moves. Catching a falling knife, or in this case, a rising knife, is never a good idea. Instead, a pullback would confirm that we are going to pivot and provide a better entry point for traders.
Volume analysis is also showing promising signs for NVDA. Using my volume analysis indicator, I have observed a decrease in selling pressure, with spikes of buying pressure appearing on the chart. This is a positive indication that bullish momentum is still present in the stock.
However, it is important to note that short-term traders who decide to go short need to manage their risk carefully, keeping it above the $275 level. Any moves above this level could trigger a bullish continuation and lead to a further rally.
In summary, NVDA's recent bull run has been impressive, but traders need to remain cautious and wait for a pullback before making any further moves. Keep a close eye on the resistance levels, as well as the signals from key technical indicators such as the Wave Master Pro and volume analysis. With careful risk management and a patient approach, traders can navigate the market and potentially profit from NVDA's continued momentum.
ATH
BTC bull run has started!!! BTC rally to new ATH from May 2023!!Dear community and my loyal followers.
I would like to share one of my best analyses which proves all my analyses have been posted since 2022 June .
I'm looking at monthly timeframe. As you see on the bellow indicator, after consecutive green columns when price created equal highs, a grey column appeared on monthly & marked BTC bottom + a new bull run start.
After 1st grey column the last green column appeared & price dumped and tested the base of the structure, 2 months later the price bounced above equal highs and BTC started its rally to new ATH)) Where is the price now?
in 2015 BTC dumped 12.19% bellow the trendline with the wick but candle close above it. I expect the same 12.19% dump bellow the trendline at the current moment hitting the orange line/almost 18K/ could be +-300-500$/.
I expect the price to go below the trendline and test my main zone 17.5-18.5K zone with the candle close above the trendline.
I inclined that the same scenario repeats this time and BTC will be above 25K on 1st May when 2d grey column appears & BTC starts its rally to new ATH.
Don't forget that the same 2015 scenario happened couple days ago when BTC reached 25K/ Check my previous analyses titled BTC Super Guppy's super prediction)) 24-25K then 28-30K or 19K & Will BTC repeat this identical pattern as it did in 2015?.
Also please check my previous analysis posted before this one/ BTCUSDT !! My ideal BTC scenario for coming days and weeks./ and pay attention to comments where you can fine more than 5-6 proofs about BTC bottom and a new bull market start.
Don't forget to like, share, comment, and follow please. I will appreciate any single comment.
What happens next for AAPL?As you can clearly see on the chart, the AAPL price has been bouncing back-and-forth between 2 lines (“support” & “resistance”) dating all the way back to 1981!
However, with these 2 lines quickly approaching a point of convergence as the AAPL price approaches a new ATH, something’s gotta give.
And so I ask - what happens next?
XAUUSDXAUUSD has become unstoppable.
Weaker DXY - USD dollar, high inflation and a global upcoming financial recession pushing the precious metal higher, on the road of the monthly and weekly
liquidity (wick) of 2000.
At the moment the price is at the upper trendline of a bullish channel. So, I am expecting a correction and I intent to buy at a decent dip.
Most recent support areas along with Fibo levels may provide an opportunity for a profitable long.
1974 is a key area too.It is possible to trigger a mid-term drop.
If price reaches ATH area it means sell for me. At least as a short - term idea. We will see then.
IOTX Could Enter Top 40 RANK OF COINS 2023 🌠$0,10 FIRST TARGETIOTX is currently ranked 117th on CoinMarketCap, and depending on our study, it could rise to the top 40 . The Internet of Things is a major trend that is set to revolutionize the world in the same way as Artificial Intelligence. IOT can become with time very important, and IOTX plays a big role in its development.
TA technical analysis
We know IOTX as a coin that has unexpected increases as we saw before, and it's a coin that can go against the trend of BTC .
Last time, we observed a trend in IOTX that seems to indicate an increase. Technical analysis of IOTX is also suggesting further growth.
The Internet of Things can play a crucial role in the future, especially when combined with what IOTX is currently developing and will continue to develop in the future.
Expecting Targets
Depending on our algorithmic trading including the trend and volume study we expect that IOTX is able to break the coming time to $0,10 as an important target.
The big question and that's also the reason for this update, is whether IOTX going to show a huge increase that we did not see before since the last developments. and when we say higher increase we mean a NEW ATH?
We make our trading decisions based on the data and analysis we have done, and our analysis shows a high chance of success, we expect that IOTX may rank in the top 40 and reach a new all time high.
Right now, our focus is on reaching the $0.10 target, We have seen the full effects of 2017 and 2021 on coins, IOTX may be one of the coins that could show a significant increase in the coming time.
I hope you did enjoy reading this content, thank you for reading.
btcusdt Hello friends, I have a question that I already know the answer to, but I wanted you to think about it first, in your opinion, which movement Bitcoin will do first, for guidance, it is better to check its past movement compared to the resistance or volume support that I have shown. .. but for the bit to go up, it needs at least 39,000 to do this break and fall to a certain point that I specified in the previous analysis, and in my opinion, the next highest bit number that may last for the next 2 years is 90,000, of course you should know. In this upward movement, it will definitely have corrections of 30% or 20%.
BITCOIN Bullish Shark 2021I think because of all the FUD and the struggles on Bitcoin, we still COULD get a bull market this year but this is how I believe it can go. I do see a 26K-27k Dip in the cards playing out then the bull run should kick off. The more FUD happening the lower the target on Bitcoin for this 2021 Bull run. The blow off Top will be the "ADAM" part of this Top as the EVE was completed this year early on. (Rounded Top)
🏆FOR THIS REASON POSSIBLITY OCEAN WILL EXPLODE TO THE MOON! $14We did update before about OCEAN, the reason for this expected coin is huge, and also since it can be the next SNM increases as we saw before, we did expect SNM to increase before it did hit the 6000 % also for BNX we did expect the breakdown since we saw a stop on DCA trends, and now for the same, we expect on OCEAN.
We expect that OCEAN is the next BIG coin for different reasons, AI is coming, and Elon invested above 1B in this tech.
I have tested some software of AI and saw the huge things that are able to do, I think this AI will take even google over, and can do more tasks such as writing this update, books, looking to direct info, and with time AI can even take huge tasks with time. For this reason, it can become the new future. we did ask OPENAI about the future of AI.
THIS COIN OCEAN ARE ABLE TO DO THE 14 USD TARGET> and depending on our study it will become the new hype coin
And its crypto, we did see this at the Gala before and also on AXS. now the price of the ocean is stable, but it can change any moment to whale breakout since also the DCA stays strong + the coins getting with the hours locked, which means great news for holders of the ocean.
Already 4.4% locked and increasing with time. I did follow the last and it shows an increase
Further the team coming week with very important updates.
With the price action and supply, it's crazy that this coin is still at this price with the TA trends, expecting also that whales will take this over.
USDT whales already have test orders on OCEAN. and we know test orders making a high chance of high orders.
There are more USDT wallets that connect to OCEAN with 162M per wallet.
The first possibility target is $1.29
OPENAI did answer this: the Elon musk software.
L9 - BTC Trend Analysis (Cycle/Halving)This chart is the study of previous cycles of BTC;
• BTC take appx 47-48 months to create new ATH from the previous one.
o As per the projections next ATH will be created in the Months of Sep-Nov 2025.
• BTC takes 12-13 months to create the bottom of the cycle from ATH of the cycle.
o As per the projections, BTC will create bottom in the months of Dec’ 22 – Jan’ 23.
• BTC normally drops between 84%-86% after creating ATH in next 12-13 months.
o At 85% BTC bottom for the cycle is projected at $10,000
PI INDUSTRIES ANALYSIS!!RSI INDICATOR: is something which says the actually part of the price should be placed.
cups and handles is a very bullish price pattern formation.
and top of that, if rsi indicator is forming such pattern, then to speak on to it, the stock is a very great stock.
i have check the fundamentals. the rations, sales analysis are very greatly performing.
the two black line are the trend formation after the corona 2019 crash.
and blue line is the old trend.
the stock did gave its all time high recently. its possible to go more higher, since there is no drawback, or major risks associated to this stock.
recent quarters too outperformed from the analyst projected estimates.
great stock for swing trading and long term .
We just hit my top QNTUSD breakout target & now have a new one!That was incredibly fast with practically no correction in between the last 3 targets we’ve hit. What’s interesting is the correction wick started forming at around 225 which essentially caused us to form another potential inverse head and shoulder pattern. This pattern is still very speculative considering we haven’t even began to form a right shoulder yet and with enough doom the price could easily blast back above this potential neckline and nullify the inv h&s pattern…however since I was able to predict the last inv h&s pattern precisely before the right shoulder formed and things tend to play out in fractals, it’s worth speculating that we may indeed be looking at yet another, bigger inverse head and shoulders pattern beginning to form its right shoulder here. Another great sign of bullish confluence for this becoming an inv h&s is if it does the breakout target (aka measured move) for this inv h&s would bring price action back up to the exact All time high! Anyways thought I post this now just in case it plays out like my previous ideas. Watching them obey TA so well has been very entertaining. No guarantee they will continue to do but would be awesome if they did. I will post my previous quant ideas below so you can see how well this has been playing out since June. *not financial advice*
Bitcoin crashing to 11k next month?What if Bitcoin´s fractal from Summer of 2018 is playing out?
Bitcoin price action on this *bottom* is looking identical from the past 2018 summer-fall trading period before crashing to its 3.2k level, if this fractal plays out, it would lead to a weakening in price the rest of October to finally capitulate to reach the real bottom around 11k, this could leading to the next bull run after a consolidation on those levels.
Of course this is just a speculation but a possible scenario for Bitcoin if 20k is not rejected again this month.
BNX: WHY THIS COIN CAN INCREASE IN 1 WEEK TO ATH (CZ Binance)BNX is known from the start increase at 02-FEB 2022 until now as DCA increase coin, since that time it did not more breakdown and even with the breakdown of markets, BNX did stay strong for the long-term goals. some called the diamond hands, and is that right?
BNX did stay strong as the DCA whales gave some protection to the price action so that NO breakdown zone will be confirmed , and they increase it time by time.
The supply of this coin is very low and if the AVAX coin market cap would be on this coin in this bear market, that the price of BNX would be over 2K USD.
This week is an interesting week, and with a high chance that we can see NEW ATH in 1 week. this coin has a goal and long-term vision.
There is also a high chance that CZ the binance owner one of the main investors in this project, out of the LAB investment from BINANCE.
on Twitter, he shows also more times them support for BNX and likes to show some interesting talks with the owner.
I think and believe that CZ plays a high role to support BNX. and with time we can see this effect.
same time i would be not surprised if he is also one of the part investors of this coin personally and getting this out later. (Some reasons and confirmation make me think this)
This week is important, and also with the breakdown of BTC: BNX can still hit the ALL-TIME HIGH of 224 USD.
The real increase trends would start when this coin shows the next 100% increase - from there the CC supply would do more work.
Trade safe.
Don't see this as trading advice. Studying self is always the trend before taking any action.
Crypto can be in all ways very risky.