Xrp - Don't Underestimate The Bulls!Xrp ( CRYPTO:XRPUSD ) is bullish despite the recent drop:
Click chart above to see the detailed analysis👆🏻
Yes, we have been seeing a quite strong correction of about -50% on Xrp over the past couple of months. But no, this bullrun doesn't seem to be over yet but instead Xrp is creating a significant bullish break and retest formation. So if we get the bullish confirmation, we might see new highs.
Levels to watch: $1.8, $3.0
Keep your long term vision,
Philip (BasicTrading)
Breakandretest
Tesla - This Is Actually Not Gambling!Tesla ( NASDAQ:TSLA ) still looks quite bullish:
Click chart above to see the detailed analysis👆🏻
Just a couple of weeks ago I published a bunch of analysis, explaining all the reasons for a potential -40% drop on Tesla. However on the higher timeframe, Tesla still looks quite strong and with the bullish break and retest playing out so far, we could even see new all time highs soon.
Levels to watch: $260, $400
Keep your long term vision,
Philip (BasicTrading)
Nasdaq - Printing The Obvious Bottom!Nasdaq ( TVC:NDQ ) already finished the correction:
Click chart above to see the detailed analysis👆🏻
After we witnessed a minor "crash" of about -25% over the past couple of weeks, the bottom might be in on the Nasdaq. We simply saw another very bullish all time high break and retest and depite the possibility of a second retest, I am (still) extremely bullish at these levels.
Levels to watch: $17.000
Keep your long term vision,
Philip (BasicTrading)
Gold - Heading Higher For Another +30%!Gold ( TVC:GOLD ) won't stop any time soon:
Click chart above to see the detailed analysis👆🏻
Back in 2015 we witnessed a significant rounding bottom formation on Gold, starting the next major bullrun. With the all time high breakout back in the end of 2023, this rally was just confirmed and after the recent trendline breakout, Gold can still head much much higher.
Levels to watch: $4.000
Keep your long term vision,
Philip (BasicTrading)
Micron Technology - The Chart Is Still Perfect!Micron Technology ( NASDAQ:MU ) will reverse right here:
Click chart above to see the detailed analysis👆🏻
If you actually want to explain technical analysis to somebody, just show them the chart of Micron Technology. Almost every structure makes perfect sense, with this stock respecting all major trendlines and horizontal levels and with the current support area, the bottom is now in.
Levels to watch: $70, $210
Keep your long term vision,
Philip (BasicTrading)
Alibaba - Don't Forget Chinese Stocks Now!Alibaba ( NYSE:BABA ) still remains super interesting:
Click chart above to see the detailed analysis👆🏻
After we saw the very expected parabolic rally on Alibaba about four months ago, Alibaba is now perfectly retesting major previous structure. Yes, we could see a short term pullback in the near future but this just offers a perfect break and retest after the rounding bottom pattern.
Levels to watch: $110, $140
Keep your long term vision,
Philip (BasicTrading)
Meta - The Correction Is Officially Over!Meta ( NASDAQ:META ) is retesting the previous all time high:
Click chart above to see the detailed analysis👆🏻
For more than 7 years, Meta has been perfectly trading in a reverse triangle formation. And just three months ago, Meta once again retested the upper resistance trendline and reversed towards the downside. But with the retest of the previous all time high, this correction is over.
Levels to watch: $500, $800
Keep your long term vision,
Philip (BasicTrading)
Bitcoin - This Is Just Wonderful!Bitcoin ( CRYPTO:BTCUSD ) creates textbook market stucture:
Click chart above to see the detailed analysis👆🏻
The entire stock market is selling off significantly but Bitcoin and most cryptocurrencies are still holding their strong levels. This is clearly a sign of bullish strength and even if we see a retest of the previous all time high, the overall uptrend remains perfectly valid over the next months.
Levels to watch: $70.000
Keep your long term vision,
Philip (BasicTrading)
S&P500 - The Correction Is Over Now!S&P500 ( TVC:SPX ) is retesting massive support:
Click chart above to see the detailed analysis👆🏻
Over the past couple of days, we have been seeing a quite harsh stock market "crash" with an overall correction of about -20%. However, as we are speaking the S&P500 is already retesting a major confluence of support and if we see bullish confirmation, this drop might be over soon.
Levels to watch: $4.900
Keep your long term vision,
Philip (BasicTrading)
Google - Fantastic Bullish Break And Retest!Google ( NASDAQ:GOOGL ) just looks amazing:
Click chart above to see the detailed analysis👆🏻
For more than a decade, Google has been trading in a rising channel formation, perfectly respecting all market structure. Now, Google is about to retest the previous all time high once again and with a sharp correction of about -25%, this offers a significant bullish reversal setup.
Levels to watch: $150
Keep your long term vision,
Philip (BasicTrading)
Bitcoin - This Is Just Unbelievable!Bitcoin ( CRYPTO:BTCUSD ) is not dropping at all:
Click chart above to see the detailed analysis👆🏻
After we have been seeing one of the craziest weekly drops which I have experienced in my entire trading history, all major cryptos and especially Bitcoin are strongly holding their levels. Since bullish strength continues quite often, I do expect new all time highs on Bitcoin soon.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
USDJPY SELLSPrice is currently in an AOI for sells. Price gapped up so I'd hold off on sells until price forms bearish structure on the lower timeframes. Once price resumes bearish structure, look for sells towards 140.500. If price breaks above H1 resistance, I'd look for price to push towards 145.
Bitcoin - All Time Highs Are Inevitable!Bitcoin ( CRYPTO:BTCUSD ) is still massively bullish:
Click chart above to see the detailed analysis👆🏻
Despite the correction of about -30% which we have been seeing lately, Bitcoin remains in a bullish market. Even if we see another drop of about -20%, this will still just turn into a textbook bullish break and retest and either way, new all time highs will follow on Bitcoin.
Levels to watch: $70.000, $400.000
Keep your long term vision,
Philip (BasicTrading)
Ethereum - The Perfect Crypto Trade!Ethereum ( CRYPTO:ETHUSD ) is retesting massive support:
Click chart above to see the detailed analysis👆🏻
For the past four years, Ethereum has overall been trading sideways with significant swings towards the upside and downside. As we are speaking, Ethereum is retesting a significant confluence of support and if the bullrun actually continues, Ethereum will rally parabolically.
Levels to watch: $2.000, $4.000
Keep your long term vision,
Philip (BasicTrading)
Amd - The One And Only Setup For 2025!Amd ( NASDAQ:AMD ) shifts to a very bullish market:
Click chart above to see the detailed analysis👆🏻
Perfectly following previous cycles, Amd corrected about -60% over the past couple of months. However now we are seeing some first bullish signs at a major confluence of support. If we actually also witness bullish confirmation, an incredible rally of about +200% could follow.
Levels to watch: $100, $300
Keep your long term vision,
Philip (BasicTrading)
Dogecoin - This Candle Decides Everything!Dogecoin ( CRYPTO:DOGEUSD ) is about to close above support:
Click chart above to see the detailed analysis👆🏻
When we look at the chart of Dogecoin, we can again see that this bullish cycle was starting with a clear rounding bottom formation. This simply means that there is a 100% chance that a bullish parabolic rally will follow and this monthly candle might just be the beginning.
Levels to watch: $0.15, $0.5
Keep your long term vision,
Philip (BasicTrading)
Intel - This Stock Is A Goldmine!Intel ( NASDAQ:INTC ) perfectly respects all structure:
Click chart above to see the detailed analysis👆🏻
Over the past couple of years Intel clearly established a significant downtrend, dropping about -70% after we saw the previous all time high. This bearish pressure is now ending though and if Intel manages to create a bullish reversal break and retest, a new uptrend is starting to form.
Levels to watch: $25
Keep your long term vision,
Philip (BasicTrading)
Possible greatest shift in history for wealth! 🔉Sound on!🔉
📣Make sure to watch fullscreen!📣
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
OptionsMastery: A break and retest on MO!🔉Sound on!🔉
📣Make sure to watch fullscreen!📣
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
Apple - All This Was Expected!Apple ( NASDAQ:AAPL ) perfectly plays out:
Click chart above to see the detailed analysis👆🏻
Just a couple of months ago, Apple perfectly retested the rising channel resistance trendline and has been creating the expected bearish rejection. This could perfectly form the next all time high break and retest, which would eventually lead to another significant move higher.
Levels to watch: $190
Keep your long term vision,
Philip (BasicTrading)
Dogecoin - You Should Not Be Afraid!Dogecoin ( CRYPTO:DOGEUSD ) could reverse right now:
Click chart above to see the detailed analysis👆🏻
Four months ago Dogecoin perfectly retested the previous all time high and is now creating the anticipated bearish rejection. However during every bullish cycle we saw a correction of at least -60%, which was followed by a parabolic rally, so there is no reason to be worried at all.
Levels to watch: $0.2, $0.5
Keep your long term vision!
Philip (BasicTrading)