Buy-target
DOLLAR INDEX LONG TERM TARGETSDollar Index Overview
Last week’s Forex market saw quite a lot of price movement, although it was the lead-up week to the Christmas Holiday and there was very little high-impact data released. The only releases were Canadian GDP and the Reserve Bank of Australia’s meeting minutes, neither of which contained any surprises or moved the market significantly.
The US Dollar fell, against its long-term bullish trend.
The US Dollar index ended the week notably lower.
First possible scenario in short term is to fall 95.50-95.00 and return back into the channel , then moving up on bullish side to 98.00-100.00.
Second long term scenario is bull-pack from 96.00 support trendline zone to 100.00-104.00
The Turkish Lira recovered sharply and has continued to advance following the Turkish government’s guarantee of the Lira’s real value against a basket of major foreign currencies for domestic depositors.
The coming week is likely to see a lower level of volatility due to the extremely slow economic calendar and continuation of the Christmas & New Year holiday season, with market direction likely to be determined by the impact of the omicron variant.
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Targets for CTK/USDTBINANCE:CTKUSDT
Targets for $CTK
Target 1 -> $2.2131
Target 2 -> $2.2216
Target 3 -> $2.3600
Stop Lose -> 1.955
Entry -> Now (Long)
Don´t miss it! chart is looking technically super bullish with a breakout of downtrend on a rising channel after testing demand zone
BTC Futures ETF will be launched tomorrow!
We are bullish on Bitcoin, this are really good news
That’s why we are buying $CTK today
$CTK is technically so strong with a bullish up-trend channel formed
EURUSD BUYHello Traders! Eurusd is still bullish. Today we closed three positions that we were Holding from start of this month. Total profit from that trade is 850 pips.
Don't Forget to Hit the like button if you find it helpful and informative and follow to catch every wave correctly and remember to share ideas.
Below you can see my trade entries and Target. There were no drawdown in any of the entry.
NO WAY Stellar will go any lower Finally I see multiple confirmation of the alt season, and Stellar is looking very interesting at the current price. Very very very attractive price indeed to earn some Bitcoins
On the chart, black lines are strong Fibonacci cycles and good times to watch for some tops or bottoms in the long run
In red, there are multiple Fibonacci resistance levels. Only break above the last one would confirm the long term uptrend.
Apple (AAPL) and when to buy…Wouldn’t it be great to know when to buy some high quality Apple stock?
Well, we can at least ”try” to find out.
We clearly see a 5th wave extension within a 5th wave extension.
Somewhat rare, but surely visible within parabolic moving equities
Elliott wave analysis tells us that wave 3 is often the longest but NEVER the shortest.
I see a great deal of users here on tradingview making these beginner mistakes with the EW counts.
WRONG!
Respect the levels. Respect the rules.
in this case (AAPL) we have an extended 5th wave as shown by my count.
Well when do these waves typically bottom? I have an ABC correction as follows:
We will most likely get a big bounce soon (A=yellow box)
Play it carefully, B ”typically” goes to the 0,5/0,618 fib level of A within a simple zigzag.
The correction of an extended 5th wave tends to target the end of the second wave within the 5th wave extension, as stated by the EW rules.
According to my count that level gives a Buy target at around 70 USD (green box).
And that’s wave C. Let's examine the extensions.
Wave C just happens to end @ 1,618 fib extension of wave A. Well isn’t that just great :)
Remember, timeline is not accurate, we're basically just looking @70usd price target.
Good luck with your trading and always do your own research.
//P
Decentraland VS Bitcoin Uptrend ContinuesAfter Decentraland fond the bottom at 1150 satoshis, back on the 28th of May, price went up and broke above the downtrend trendline as well as the 200 Moving Average. On a correctional move down MANA/BTC rejected the 8/1 Gann Fan trendline for two consecutive times.
At the same time, since 6th of June, MANA has been trading above the Moving Average, and in fact found the strong support there, that is 1350 satoshis. Today price closed above th previous high, suggesting the continuation of the uptrend.
The strong resistance is seen at 2150 satoshis level, that is confirmed by two Fibonacci levels, mainly the 61.8% retracement. While the uptrend is likely to continue, daily break and close the already established support at 1300 satoshis area could invalidate the uptrend resulting in Decentraland moving towards 1000 satoshis psychological support.
WhiteCoin VS Bitcoin Approaching Key ResistanceIn the beginning of May, WhiteCoin has found the support at 88.6% Fibonacci retracement level, that is 635 satoshis. Since then XWC/BTC has been going up exponentially and has already reached 2180 satoshis, providing a strong 250% gain over Bitcoin.
But how far can it go, and will it stop growing any time soon? Well, today WhiteCoin has broke above the 61.8% Fibs, that is 1980 satoshis and the nearest strong resistance is at 76.4% Fibs - 2370 satoshis. This level could be the key resistance of the XWC, which should potentially provide more insight on further price development.
While th 2370 satoshis target is expected to be reached very soon, the correctional move down first is also possible. The short term buying opportunities are there, but the key resistance must be watched closely.