Fundementals
ICP needs to range sideways to gain buyer confidenceICP has been one of the worst performing assets in the market. However, it has very strong fundamentals with a ecosystem that is growing at breakneck speeds.
With all of the mistrust surrounding ICP in the markets, I think ICP in the short term is likely to visit ~$22, but NEEDS to range sideways for a considerable time gain buyer confidence again and make serious moves to the upside. The seller momentum is likely to be be high still and any gains seen may be quickly erased.
So if ICP ranges sideways for a month or two it is likely to attract more buyers to and gain real momentum in the upside again. Bulls need to defend the $15-17 support range.
One of the best IT stock - Potential to give 20% returnPlease refer chart for detailed explanation on technical analysis.
Find buying opportunity at/near support zone - Price mentioned on chart.
Fundamentals are strong so no need to worry even if price goes down.
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Hopefully, this helps you out a little bit. Please make your own research before investing.
P.S: This is not an investment advice. This chart is meant for learning purposes only. This is my personal viewpoint so please Invest your capital at your own risk
EURNZD - Macroeconomic, Global Macro...What I observe from technical analysis is that they have corrected the imbalance that was generated on Monday, and that they will go a little farther UP, at which time I will wait and ride with them.
If it hasn't reached that stage, I'm not expecting anything. After that, I'll embark on a market exploitation spree.
For the time being, I have a very solid figure for this currency pair, and we will see how the market plays out.
Everyone should have a wonderful time and good luck.
NZDJPY buy entry for upcoming monday 11/4/2022we got the wick break of the king high. and then retracement to the 15 min OB. now im expecting to see a confirmation being made at 1-3am monday london session NY time, and then we enter with a sl under the low, we look for confirmation in the 1 minute Timeframe. and then we target the higher king high which is expected to be broken if we remain to stay bullish. we will take partials at the line you see.
EURNZD - Macroeconomic, Global Macro...Prior to two weeks ago, I was looking for a new employment. I hadn't had good statistics for some weeks before to this.
However, the prior week, I received it once again...
Most of the time, when I get a foundational analysis, when I get solid statistics, and I know what should be... even if I go in SL, which is usual between Monday and Tuesday, and then already from Wednesday he is starting to travel in his direction, but it happened in 70% of the instances. That is why I have already opened a position on Monday, and I am not spending my whole day sitting in front of my computer waiting for the right opportunity for Entry, since I literally do not have that much time.
As you can see, I didn't have that type of trouble 5 weeks before on the same currency pair (EUR NZD), and we've gained more than 1500 pips in 3 weeks. That is very wonderful...
Now EUR NZD is doing the same thing, however this time I was moving my stop loss higher, till it didn't start going in the proper way...
If you understand what fundemental anaylisis is, and you see the down figures that I provide you, you will understand what I am talking about... and you will be able to see where they are going after I have posted them...
To be sure, numbers do not lie, and that is a fact :)
Thank you so much, and thank you for your confidence!
NZD-USD Fundemental and Macro AnalysisThis weekend's market is expected to be relatively quiet.
They will not produce large effects or move, and they will most likely not affect all pairings.
We should proceed with caution, but the New Zealand dollar and the United States dollar have a very high possibility of gaining ground because of recent performance and statistics that I have obtained.
After that, I'm going to stick with this currency pair for the weekend.
Everyone should use caution, even if they have high expectations.
USDJPY Buy - Using Advanced OB Understanding & Inducement So the reason of entry goes as the following, we got the strong divergence, the fundamentals also match that USD will be rising this week. we got the Inducement OB taken out. we will wait for it to retrace to our OB in the 1 Hour TF and then we will enter with the small SL. we will shoot for the 5 to 1 and also we can also hold for it to break the high which is may also do. Move the SL to entry after tp1 hit and take 60% Profits.
EURNZD - Macroeconomic, Global Macro...I will simply follow up on the previous two weeks with fresh and stronger knowledge, which I will get at the Microeconomic Information/Fundamental Analysis stage of the process.
Things are rather straightforward; I don't need to say much since figures speak for themselves, and you can see my previous notion, which I have already shared...
If you see the same things I do, please share your observations.
Thank you very much!
GOLD continuation BUYS!As tensions around the world heat up so does the gold buys... if you traded gold during the trump presidency you know how wild it can be to day trade lol. As we see huge upside expect for some sharp sell offs, that's where ill be looking at adding positions for a lot more upside!
$ARKW - Weekly TF analysis$ARKW confluence of wave 4 fibs + pitchfork median on the weekly timeframe.
Top 10 holdings:
$TSLA
$COIN
$GBTC
$ROKU
$TDOC
$ZM
$TWLO
$SPOT
$TWTR
$SQ
Cathie wood has recently been going on and on about the revenue growth of these companies and how the share price does not reflect the opportunity ahead. This might be one of the best growth ETFs around if Cathie and her team are correct about their research.
LINKUSDT TECHNICAL ANALYSISChainLink team's excited to announce that Umee has integrated Chainlink, the market-leading decentralized oracle service provider, making it Umee’s official oracle.
Umee is a cross-chain DeFi hub that connects with the broader Cosmos and web3 ecosystem through the Inter-Blockchain Communication (IBC) standard. This capability allows liquidity and functionality across Cosmos SDK DeFi to flow from multiple other chains through Umee, opening up a wide range of potential dApp use cases.
By integrating Chainlink Price Feeds, we’re providing our users with highly secure and reliable ATOM price data to help ensure that DeFi functions execute according to premium, aggregated market data. This strong data security layer helps to make numerous other DeFi capabilities secure, even when they move across IBC-enabled blockchains.
How about technical side?
LINK hasn't reached last ATH since May, 2021. MA 7 & 25 cross at the moment. If the MA 7 break out the MA 25 and go to up direction, it will be opportunity for buy. Also if candle completely open-close down trendline in daily chart, get ready for another PUMP. Our robo advisor @EngineeringRobo has given us BUY 2 signal. Get ready to earn pretty well on Chainlink . Lets follow our chart and lets earn together.
"NFA"
How to trade fundamentals (AUDUSD BUYS)Hey traders!
A common question I get is, do I trade fundamentals??
-From my experience it is to hard to trade off the back of data releases as the moves are to quick to happen and usually get very messy...
-Fundamentals I believe just help push a currency in the right direction as technicals give us the entry points to catch these moves
-For me its a rule to always have my stop-loss at breakeven when trading around the times of any news event or data release.
-It is important that we always know when a big event or release is coming out to cover any trades we currently have running or are about to open, price can move so quick and cause slippage on accounts especially if you are over leveraged.
-So the answer is I do and I don't trade fundaments, the aim of the game for me is to already be in a position with stops at breakeven to catch the bigger move but also protecting my account at the same time, at the end of the day we never know what's going to happen and price can do some wild things...
......... fundamentals overall control the market but technicals provide us with the entry points and create market structure.........
SOLANA - LONGSOLANA - 1 DAY CHART
Price Prediction for END OF YEAR!
MAJOR SOLANA EVENT HAPPENING THIS COMING
WEEKEND!! EXPECT TO SEE MAJOR UPWARD MOMENTUM IN
PRICE ACTION!
SOL has been riding the Support Trend Line since mid-OCT!
For members that have not made a donation to the channel
here is a SNEAK PEAK little call for you. I would (and I am)
buy in now. If you would like to remain conservative. Wait until
the price CLOSES above $218.50... This will confirm a break of Solanas
ATH and a very good sign that P.A will go parabolic into uncharted
waters!
Good Luck and HAPPY TRADING!!! GOOOO MOON'VEMBER!
CHEWY MAJOR BULLISH DIVERGENCE!!4HR Time frame shows Bulllish divergence into major demand Zone .
Fundamentals for this company are nice, nothing but nice accumulation by the big boys.
1st Target $73, lock in profit right there and ride out the rest
Patience Pays and I am 100% expecting a huge run from CHEWY going into the end of the month. Option IV is dirt cheap, this will be the next big play. I trade the naked chart just using supply and demand zones.
2 years if experience in the market. I believe tops and bottom are shown by divergences. Not Rand candles and Elliot /Fibs counts
SHIBA INU is BULLISHHi guys
As you can see the shiba has broken out a decending pattern is making higher local highs and is pointing out to a bullish run that can happen.
In this case shiba should close a 1D candle above $0.0000095 resistance level if that happens that gonna transform to a support level.
And the next resistance levels are on $0.00001219, $0.00001962. Also there are good fundamentalS for shiba too, like Coinbase listing and NFTs, By my reckoning more Exchanges are gonna list shiba.
Good Luck
DISCLAIMER: This is not a trading advice trade by your own decisions
Cautiously Optimistic for BABABABA currently has strong support at ~180 level. This beaten-up stock has a lot of China uncertainty built into the current price, and it is an extreme discount from fair value evaluations. More turbulence in China could cause more turmoil in the future, but BABA is still a compelling long-term opportunity in the 180-190 range.