Gold Update 1 - 9 JuneBased purely on technical analysis only…
Possible entry, TP & SL scenario:
Entry : 1960.500 below L/L on 5m or 15m chart
TP1 : around 1952.162
TP2 : around 1941.227
SL: around 1969.252 or over
A very much possible, that TP2 can reach support line at 1939.50 or even 1937.60 , but not for granted…
Be aware of economical news later today. You never know….
PS: never forget to set SL, cos you never know for granted what next !
June
Make or Break for Bitcoin in June. We have been consolidating along super important and critical levels since 9th of May 2022.
These ranges will MAKE or BREAK BTC the coming months...
(June, July, August) Just like last year.
I`m currently super bearish.
US markets look horrible, The FED is destroying their own economy, inflation is through the roof.
NOTHING can save us.
Doomsday is awaiting for the global markets, INCLUDING crypto.
Stay strapped. This ones is going to hurt.
We could be in for a long anticipated RECESSION.
APPLE lawsuit delayed until 2023The much-anticipated trial between Apple and Ericsson, related to a dispute over licensing fees for a number of 4G and 5G patents, will not take place until June 2023.
According to the news site Foss Patents, Apple was hoping to get the trial started as early as December, but the East Texas court that specialises in these kinds of cases deemed this too early.
The dispute between the two tech giants forms part of their regular negotiations over patent licensing fees; the last time such negotiations broke down, back in 2015, they sued each other before eventually reaching a settlement. That settlement expired at the end of 2021, whereupon Apple sued Ericsson, citing "strong-arm tactics". Ericsson in turn sued Apple in three countries at once for what is now allegedly unlicensed use of its patents.
$CHPT trimming positions*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team has been swing trading EV sector tyrant $chpt for the past couple months. In this time-span it has continued to bounce from its $20 support zone . The potential is undeniable for an established EV company like $chpt. There is also an impressive amount of option calls which suggests bullish momentums. We recognized the bullish price action of $CHPT and averaged up from our original entry of $22 at $24.35 on 5/30/21.
$CHPT currently sits at $33.32 per share.
My team is now up more than 50 percent on $CHPT from our original entry at $22. We're satisfied with the performance of this trade and are trimming our positions at 33.32 today to secure profits.
My team still plans to average up one last time on $CHPT if the opportunity presents itself, but if $CHPT continues to uptrend and manages to hit our $37 take profit we will stick with our plan and exit the trade completely.
ORIGINAL ENTRY: $22
AVERAGED UP: $24.35
TRIMMED POSTIONS: $33.37
TAKE PROFIT: $37
STOP PROFIT LOSS: $27
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$PLUG June Analysis *This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team got into $PLUG Tuesday evening at $30.75 per share. The stock now sits at $30.28 after correcting from its previous high of $75.49. $PLUG is a hydrogen energy company towering its industry. We have good reason to believe that $PLUG will beat its earnings tomorrow. After down trending more than HALF from it's all-time high stockholders should expect $PLUG to uptrend throughout June.
Earnings are expected to be announced tomorrow. 6/03/21
If you want to see more, please like and follow us @SimplyShowMeTheMoney
BTCUSD Prediction June 1 2021The prediction here is that BTCUSD will continue consolidating in the current range (today is June 1), or downtrend towards $30,000. This sideways or downward movement will continue until a new pattern emerges. Daily volume is important to note here. Eventually the next leg up will bring BTCUSD to approximately $105,000 as the next ATH, marking the peak of the final parabolic move of this current cycle.
Gravestone DojiForming Gravestone Doji near in the area of resistance zone. Are sellers taking over? Stochastic momentum loosing too. I would like to go short on this pair for coming week. Watch out the fundamental news, this is technical analysis only. The profit or loss you get is not responsible to me.
COMING SQUEEZE DOWN BEFORE PRICE RISE - JUNE - TVIX - DAILYIn a decreasing trend at the moment, the TVIX market is in a channel that sees its tops declining when the bottoms are being repeatedly bouncing on the support line. Buyers and Sellers are arriving to a crossing point slowly. Unless we notice a break on the support/resistance in this channel, the probability of seeing the market going down further is strong.
If you hold positions above the actual price, all depends on how long you can wait and hold on your losses.
The market will probably from the middle of next week give us more hint in what it wants to do. Better wait two weeks at least, the beginning of June and the second week of June would possibly be nice to trade (Meaning more volatility)
ENG - My June Hidden GEM (2X $$$) Hello friend :) !
Welcome and thank you for dropping by to take a look at ENIGMA. In my opinion this coin is extremely undervalued. With mainnet launch approaching next month this baby will pop and there's a potential to double your money. I would start accumulating it until end of June and SAYOD.
Stochastic - Totally Oversold below 20
RSI - Might want to wait till it crosses the 50 zone for a confirmation of a bullish trade.
Fibbonaci Ret: - Support at 240
Boilinger Band - Touching bottom of the band which is a good sign of a bounce upward.
Stop loss: 229 (Just in case Bitcoin goes crazy)
Will update in a week ! :)
ACST breakout Monday?ACST has been in a rising wedge in a bullish pattern and high buy volume. Still long
BTC prediction for June 2020 based on historical price action Using the historical price action and factoring in the differences leading up to and after each BTC halving that has occurred this prediction of the BTC price by June 2020 of $97000+ to 1 BTC.
I believe the creators of bitcoin wanted their coin to succeed. What better way to display this then by manipulating the price of BTC to follow the price of gold, a precious metal which has similar characteristics as BTC.
Events to Look Out For Next WeekBy Andria Pichidi - June 1, 2019
Trade and geopolitics will continue to dominate the headlines into June along with PM May’s official resignation on Friday. Top of the agenda next week will be the RBA and ECB policy meetings, but a lot of attention will also be on the contemporaneous data on the May US Jobs report, the global PMI outcomes and the European Q1 GDP.
Monday – 03 June 2019
[* ]Caixin Manufacturing PMI (CNY, GMT 01:45) – The Caixin manufacturing PMI is expected to slip into the neutral zone in May, after the weak Manufacturing PMI signalled contraction yesterday.
ISM Manufacturing PMI (USD, GMT 14:00) – The ISM index is expected to rise to 53.5 in May from 52.8 in April, compared to a 14-year high of 61.4 in August. Overall, we’ve seen a stabilization in sentiment since the late-2018 pullback.
Tuesday – 04 June 2019
Retail Sales (AUD, GMT 01:30) – Retail sales are expected to come out lower, standing at 0.2% m/m in April, after drifting to 0.3% increase in March from the 0.9% high in February.
Interest Rate Decision (AUD, GMT 04:30) –A 25 bp reduction to 1.25% is anticipated from the current 1.50% rate setting as the RBA adds accommodation amid a slowing economy and low inflation. The minutes from the early May policy review were dovish-leaning, adding to the expectation that rates will be reduced in June.
Consumer Price Index (EUR, GMT 09:00) – The preliminary Euro Area CPI for May is expected to drop back to 1.4% y/y from 1.7%y/y last month. The core inflation is seen at 1.0% y/y from 1.3% y/y.
Fed’s Chair Powell speech (USD, GMT N/A)
Wednesday – 05 June 2019
Gross Domestic Product (AUD, GMT 01:30) – The Gross Domestic Product figure is probably the most important economic data announcement for a country, closely followed by the unemployment rate. The final Q1 Australian GDP is expected to grow to 0.3% from 0.2%.
ISM Non-Manufacturing PMI (USD, GMT 14:00) – The ISM-NMI index is expected to edge up to 55.7 in April from a 19-month low of 56.1 in March, versus a 13-year high of 60.8 in September.
Thursday – 06 June 2019
Event of the week – ECB Interest Rate Decision (EUR, GMT 11:45) – The ECB is widely expected to keep policy rates on hold at the June council meeting, but the presser is likely to be very dovish, with the guidance on rates likely to be pushed well into 2020. The details on the new TLTRO programme are also due to be released and are likely to be generous, but rate tiering doesn’t seem to be on the agenda for now, as the assessment of the possible side effects on negative interest rates continues.
Friday – 07 June 2019
Event of the Week – Non-Farm Payrolls (USD, GMT 12:30) – Along with Thursday’s employment data, payrolls are important in gauging how many people are employed in non-agricultural businesses. Jobs are expected to have increased in May, at 190k following a 263k increase in April. The unemployment rate should remain steady at 3.6% from April, while average hourly earnings should rise 0.3% m/m, for a y/y gain of 3.2%.
Employment and Unemployment (CAD, GMT 12:30) – After the 106.5k surge in April employment, which notched a new all-time record 1-month gain, the Canadian unemployment rate is expected to have increased further in May.
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If XRP fails to break out, it could bleed until end of August.I'm watching XRP very carefully because if it fails to break out of the year-long wedge its been bouncing in than we most likely won't see a big pump until the end of August, which isn't for many months!
Many are expecting alts to pump hard as capitals flow into them after Bitcoin crashes in Mid-June but I disagree! I think alts will slowly dip and then we will see another alt rally in August. Obviously, it's very early to predict this type of stuff, but make sure to keep an eye out if it breaks through the red or green line because that signals a big move!
Current way to 5200?Legs seems repeating, all in all view it looks like a bear flag, would be logical to stop at 5200, some fibs also matches 5200 zone. In my opinion we totally are not in the bottom yet, if u check previous bottoms, after reaching bottom we should bounce at least 400$ and continue to grow for the next hours. As current situation 5900-6150 looks like a dead cat bounce.