(long term) FTM is definitely bullish D fibo breakout coming ?You can see the start of a bullish trend using the daily fibo retracement ! Need to be monitored and confirmed by a daily closing out of the red area. You can try a symetrical projection until 1.5 usd which which is clearly reasonnable until the first expected correction until the second barrel ! Be carreful and limit your exposure to leverage.
It's not a financial of course DYOR !
Monitor
The final few liquidity grabs before the big dropBitcoin will not be seeing 45,000 any time soon as this “bullish” move has extinguished. Bitcoin’s all time highs are usually parabolic and unusually unpredictable but this chart reads clear as day that the trend formed has a limit.
Rejecting off of key levels with volume supporting the move down, big money is opening positions below 44,000 and the vol oscillator on the daily is sustaining that move. There’s no major money being put on above 44,000, which is why we’re seeing a small grind up and prices oscillating between ranges. All of this combined is confirming a bearish consolidation.
On the fundamentals side, Bitcoin is suffering from an extreme case of greed much like the stock market. It’s getting to a point where anything opposite of bull is met with difficulty. This kind of psychology is ripe for manipulation and rug pulls. Just the other day, I saw advertisements on YouTube of professional Bitcoin related businesses telling people to buy it. I don’t even search for Bitcoin related news on YouTube or Google so this is also what’s setting the alarm bells off.
I don’t believe in fundamentals too much but I trade what I see on the technicals and it’s not looking good for longs, so I’m going to wait to get in. I don’t know how long it’ll take to get to my target but from mid 20,000 to 30,000 I see this reaching before any meaningful support with volume.
The downfall of Sunrun : What next !
Ladies and gentlemen, in today's financial analysis, we focus on Sunrun, examining recent price movements and conducting a comprhensive outlook.
First, we notice something significant: the stock has dropped by 16% from its previous trading zone. This is noteworthy, especially if the stock shows signs of going up again.
Now, let's discuss what happened at the Jackson Hole Symposium. The Federal Reserve Chair, Jerome Powell, talked about raising interest rates, which is different from what other officials said. For example, Patrick Harker from the Philadelphia Fed thought we should keep interest rates as they are. Austan Goolsbee, the Chicago Fed President, was also cautious. He mentioned challenges like high inflation, problems in the supply chain, and the possibility of a big strike in the auto industry. Despite these challenges, he remained hopeful that we can control inflation without causing a recession. He also stressed the importance of using data to make decisions, especially the real interest rate. The stock market liked what he said, and the SPDR S&P 500 ETF Trust went up by 0.8%.
Now, let's look ahead. I believe things might change for $NASDAQ:RUN. This belief comes from seeing other companies in the alternative power generation sector, like NYSE:NEP , NYSE:NOVA , and NASDAQ:RNW , starting to do better based on their recent performance. We've also heard that inflation might not keep going up, which is good news for RUN. In this situation, my plan is to keep a close eye on the market and stay updated on the latest news. I'll make sure to update this report with any new information.
Potential upward movement on price of RUN
Having thoroughly analyzed the 1D price action of RUN, I've identified a potential support zone based on Fibonacci levels. As the market opens, we'll be closely observing whether this projection holds true. I'll be consistently updating the status of this potential support. Remember, the strength of this analysis is further accentuated by the higher time frame, boosting the probability and bolstering my confidence in this assessment. Stay tuned for more updates!
DXY -- Monitor Lvl 4 After 15M Divergence and 1-2-3 Set-UpOrder has been placed -- the divergence and 1-2-3 set-up were the last pieces needed to look for a short trade on the dollar index 0.12% . This comes after a bearish impulse on the 4H followed by three waves up. There is a completed bearish bat on the 4H as well which gives additional confluence.
$V continuation pattern breakouthigher time is in strong uptrend and showing strength
intermediate time frame also in uptrend and rising moving averages with the shorter time moving average slightly flattening showing consolidation with price trading around it
price is seen here forming a resistance at the 96.16-96.17 area with the three price rejection candles
forming a ascending triangle possibly looking for more retests of the resistance and higher lows to show buyers conviction
this is mostly a monitoring situation not a play yet
on the lower time frame- it is showing a bullish rectangle pattern- longer it stays in the range more energy will be built for the possible breakout move
just have to watch what price does in the upcoming couple days
measured move is a .33 move if broken out of resistance which will bring price to 96.50 area and extension level .618 at the 97.1x area