Forcast
BULLS or BEARS ?!Hello Dear Friends
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First things first: BTC Broke it's downward channel after about 8% correction from 48K to 44K which I think it's enough for moving higher!
Second things second: Yellow lines shows my favorite scenario that when ever BTC squeeze before LIQ. AREAS it breaks it and hunt SELL SLs so after that we can see more pumps.
Last things last: It's obvious that inside an elevator we have both UP/DOWN keys so, blue arrows shows that if BTC doesn't squeeze before red areas and rejected by them (LIKE What we see at 48K) we will reach 46K again!
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TRADE WISELY AND BE SAFE ❤️
CQT, a GOOD CUP needs a GOOD HANDLE!as you can see the cup-handle pattern is being shaped!
1. if BTC holds the 47200 in daily time the CQT rocket will launch once again!
2. if BTC Keeps correcting its upward move to 45500 then CQT can sees 1.4$ again! best place to buy!
take care and trade wisely.
AMC 1W analysis 07/07/21Hello everyone , as we all know the market action discounts everything :) the market showing great strength and reaching 53.52 after dropping from 61.77 in the past 2 weeks , no signs of any reversal yet the stock price is still going in an uptrend and we can tell that by looking at the indicators where we can see that the stock price is moving above the moving average ( bullish sign), the RSI at 75.44 very strong bullish movement and ADX hitting 71.39 showing us that the market is strongly trending . we could be seeing a small pull back in the next week but then the stock most likely is gonna continue moving up .
Fundamental analysis :
AMC Entertainment on Monday said it was dropping plans to have shareholders vote to approve the issuance of 25 million new shares. That vote was scheduled to take place at the company’s annual meeting on July 29. The plan apparently drew enough vocal opposition from the company’s new base of mostly individual investors to cause the about-face; Chief Executive Adam Aron described the feedback as “many yes, many no” in a tweet Monday morning. “AMC does not want to proceed with such a split,” he added.
The news sent AMC’s stock price soaring by over 5% at Tuesday’s pre-trading session. However, the stock has consolidated, and it is up by 1.9% over the past 24 hours. At this time of this report, AMC is trading above $53 per share.
AMC is one of the best-performing stocks so far this year. Similar to GameStop last year, AMC has been caught up in a trading frenzy amongst retail traders that leverage Reddit to boost their stock picks.
So far, AMC’s stock price is up by 2,350% year to date, causing the company’s market cap to rally past $26 billion. AMC was planning to issue more stocks and raise money to enable it to undertake potential acquisitions. The company had intended to acquire ArcLight and Pacific theater locations that underperformed during the pandemic. AMC also said the extra funds would be allocated to pay down debt, reduce interest costs, or pay off millions in unpaid rent.
AMC has been using stock sales in recent months to raise fresh capital. According to the company, without the additional funds, it would have gone bankrupt by now.
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This is my personal opinion and not financial advice.
If you have any questions please ask
Thank you for reading.
USD/CHFWith the strong bullish move created from the 0.89875 level we notice that the market has reached an interesting high playing around the new resistance zone of 0.92155 and 0.92262 only for our time frame now in recent news looking at the bat pattern we have an indication of a potential buy from the level of 0.91730 what convinces us more of this potential buying position is market having created a somewhat strong support zone indicates it in blue.
All in all if the market managers to create a short term bearish move to this level I would call a buy position
The beginning of a very big uptrend , BTCUSDPlease note the peaks in the RSI indicator and the peaks in the price chart at the same time. Is it time to break the downtrend line drawn on the RSI?
With the breaking of this important line, more buyers are expected to take action and a new uptrend will take shape
Bitcoin short-term forecast. Altcoins seasonBitcoin short-term forecast
Bitcoin is in a Descending channel as well as a Falling Wedge pattern.
I think the bitcoin trend is coming out of the downtrend pattern in the next few days, but it will have a slow uptrend and, as you can see, it is involved in a lot of resistance and support, and it will take some time for it to start its strong uptrend again. .
But due to the slow uptrend of bitcoins, altcoins will pump.
Welcome to the Altcoins season.
EURUSD Market Analysis - Opened TradeEURUSD - 28/5/2021
There is currently Bullish trend and the traget price 1.24647. (It will be also below this price) .
I will update continuously.Stay with me for more analysis.
Techniques :
Support & Resistance
Supply and Demand Areas
Trend Lines and Trend Channels
USDCAD Monthly Market Analysis USDCAD - 26/05/2021
This is Monthly Market Analysis for pair of USDCAD forex currency.
There is currently bearish trend and it will be continued for 1 or 2 month. I hope that after 1 or 2 month it will be a bull trend.
I will update continuously
Techniques :
Support & Resistance
Supply and Demand Areas
Trend Lines and Trend Channels
A Horrifying Good News!The good news is that if 48K support area cant hold, we may see 39K area, even for a short period of time or as a wick. But i think it may take several days. BUT!!! It will be beginning of an even better period for crypto and we will see best of it in coming times.
48k BTC (or even better, 39k BTC!) here we come...
How Bitcoin will move in the coming weeks (Update)As I said in the previous post, I believe that Bitcoin needs to touch the $ 38,000 to $ 40 ,000 price range once again to continue its rise.
Disclaimer!
The content of this post is for educational purposes only and is not a buy or sale offer in any way. You can use its information to prepare your trading plan. But you have to do your own research. Trading is risky and requires experience and is not suitable for everyone. Only you can be responsible for your trading.
How Bitcoin will move in the coming weeksBitcoin price correction has been inevitable and predictable in recent weeks. I believe that Bitcoin needs to touch the $ 38,000 to $ 40,000 price range once again to continue its rise.
Disclaimer!
The content of this post is for educational purposes only and is not a buy or sale offer in any way. You can use its information to prepare your trading plan. But you have to do your own research. Trading is risky and requires experience and is not suitable for everyone. Only you can be responsible for your trading.
REEF what I see 4h ChartI just wanted to share my idea for REEFUSDT base on my BTC Bitcoin forecast
This is just my personal opinion, I don't have any market background, this is just based on the facts i know about the market for now and what i see in the chart.
I'm doing this kind of charts for 2 weeks now, keep this in mind too.
🎓#Derivatives 🎓 Straight Technical 🎓 $BTC / USDTWe have cleared our second target folks, our unbelievably accurate analysis has forecast this clean break into all time high with staggering accuracy. +280% in the bank.
Our setups will start looking short soon, but we still have a final target level up above. Don't be too eager to short this beast though, we just crossed $60 000 🤯
🔸 Leverage: x10
🔸 Current Price: $61 150 (+29.5% ~ 295% profit)
❇️Entry: ±$47 280
🎯Targets: $54 319 (+14.86% ~ 148% profit); $60 489 (+27.90% ~ 279% profit)
♦️Stop Limit: $58 375 (240% @ x10)