Andhra Papers --> Getting ready for a launchAndhra Papers - Cheap valuation.
The technical indicators are favorable for the bullish momentum.
every dip is a buying opportunity, for bigger targets.
Chartanalysis
Cardano: Home StretchAs we expected, ADA finally broke out of its sideways range to the downside last week. We now see it on the last legs of the magenta wave (ii). Once the low is established, we expect a sustained upward move above the resistance at $0.81.
VeChain: Turning PointVET has dipped into our blue Target Zone (between $0.0292 and $0.0179). Within this range we expect the low of the blue wave (ii) correction and thus the bullish trend reversal. Accordingly, one can use this Zone to open long positions, whereby any stops could be placed around 1% below the lower edge. With the blue wave (iii), we expect an increase above the resistance at $0.055.
Gold possible movewww.tradingview.com
The XAUUSD has developed a symmetrical triangle pattern, with the price surpassing both the upper trend line and the 200-day Moving Average (MA200). The momentum indicator has also climbed above the 100.0 mark, potentially indicating the start of a short-term bullish trend.
Trading Strategy: Consider a buy position for XAUUSD if it breaks out above 2335;
Take Profit (TP): Target a take profit at 2350;
Snowflake: Arriving The Snowflake share has now reached our magenta-colored Target Zone (coordinates: $130.78 - $97.80). There we expect the low of the turquoise wave a. This wave should be followed by a larger corrective rise before a further descent sets in. We consider it 27% likely that the price is already working on the magenta-colored wave alt. (1) is already in progress.
Cronos: Last ChanceCronos briefly left the green Target Zone (between $0.1281 and $0.0954) but returned again. We now see the low of the green wave (ii) placed somewhat lower and primarily expect a reversal. The price should climb above the resistance at $0.18.
Organigram: Time to turn aroundOrganigram has now reached the level within the magenta Target Zone between C$2.65 and C$1.91, where we expect the same-colored wave (2) to end. The price should turn around soon and rise above the resistance at C$3.95.
Forexity GBPUSD 4H AnalysisOverview:
Date: 14/06/2024
Symbol: GBPUSD
Timeframe: 4H
Type: Technical analysis
Direction: Bullish (Temporarily)
Style: Day trading / intraday
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We're seeing a rejection at 1.27082. I'll look for a retest around 1.27496. If the price gains momentum or is influenced by economic news, it could reach 1.27833 before hitting strong resistance and moving down. I expect the price to complete the E of the A-B-C-D-E wedge pattern on the weekly chart.
Tencent: Gathering StrengthTencent is currently moving sideways. We believe that the price is currently building up momentum and should continue to rise soon. Finally, we expect the magenta wave (3) to end above the HK$416.60 resistance.
Gold: One Last ClimbWe expect the gold price to rise once again. We expect the high of the turquoise-colored wave B to occur in our same-colored Target Zone (between $2510 and $2631). After that, the price should sell off significantly. If, on the other hand, there is an early fall below the support at $2285 (45% likely), we will see the price already in the descent now.
GBPCHFGBPCHF is currently in a bearish trend.
Price is forming a bearish flag pattern, indicating a potential continuation of the uptrend.
The pair is being rejected from resistance at the 38% Fibonacci retracement level, adding confluence to the bearish bias.
what you guys think of this idea ?
Avalanche: Take a dive!AVAX continued to head toward our turquoise Target Zone (between $29.30 and $17.48). We expect a dive into this range before the low of the turquoise wave 2 is placed. Subsequently, the coin should turn around and rally above the resistance at $49.95. Should this level be broken earlier (33% likely), we will have to locate AVAX in the turquoise wave alt.3.
Bitcoin is at its Peak!We've got a falling wedge representing itself on Bitcoin and we may soon see a fall to the 1.382 and 1.618 Fib Levels.
$BONE More pain before gloryBeen looking for entry on TSXV:BONE if the shibarium relaunch is successful then Bone will pick up..
Will accumulate under $1 if it happens
