Market Context Is BICOUSDT gearing up for a new daily high? The charts are looking promising! Weekly Analysis On the weekly timeframe, we've finally broken above and retested the 20 EMA—a classic signal for a move higher. With altcoin season just around the corner, BICO is poised for a significant upward move. Strategy I'm jumping in and longing the market now!...
As you can see in my related ideas section, I opened a position in NASDAQ:GOOGL on April 1, 2024 and decided to sell my entire position around April 15-18. Therefore I missed the upside on breaking out after earnings. Here are the main reasons why I decided to sell. The overall market was very weak during that time. The main indices NASDAQ:NDX , SP:SPX ...
On April 3, 2024, NYSE:SPOT broke out into new high which provide an entry opportunity.
Well, the title pretty much tells everything I want to say. I enter a position here at the new high! NASDAQ:GOOGL A stock breaking into a new high might go up a lot further. I have no idea this breaking out will fail or not. Just try to follow the trend.
USOIL is trading in bullish parallel channel and printing consistent HHs HLs. Currently the price is retracing to important support zone. As the green candles at support zone indicating the bulls are still alive. If the bullish momentum continues the next target could be 1.3640 region.
After a good start on the 15-minute chart around the Point of Interest for buyers on the 4-hour chart, I noticed that we are also in a key area of interest on the 1-day chart. According to the Smart Money concept since January 2021, we have only just finished accumulating liquidity. After such a powerful one-day candle, I decided to leave a portion of my deposit...
NYSE:GIS pending new all-time high. Well diversified business, ticks a couple of fundamental analysis boxes. Price action, focus on that. Perhaps this time the upside move will pan out, it failed spectacularly the last time we spoke about the stock.
When the mighty dollar weakens, what is to follow for the markets? hmm, hmm, hmm. Daily Chart clearly shows a rally into the supply zone . I'd say 1-2 more daily candlesticks before a retracement happens but first it may attempt to reach another high before getting rejected below the supply zone . I wont doubt that supply zone will break the next attempt at it...
It is much better to see another long-term price prediction for Zil in the timeframe week. Hold!! Resistances 8.5 Support 6.68 Stop-loss 6.00 The old highest price is about 8.5 If it can break 8.5, There will be no more resistance. It cloud be then surging to 13.65/22.03/30.4
On Wednesday, the Russian rouble slumped, diving around 3% to hit a near two-year low past 81 to the dollar as Ukraine declared a state of emergency, with sanctions and invasion fears hammering Russian bonds and stocks. Ukraine told its citizens in Russia to come home. At the same time, Moscow began evacuating its Kyiv embassy in the latest ominous sign for...
Hey Trader, please see my current idea on Gold. This time on the weekly chart. According to my count we may have finished our ABCDE wave triangle. In this case wave E has the structure of a 5 wave pattern. In this case I do expect a lot of buying pressure on Gold which should lead to a breakout of this triangle and therefore new highs. Fundamentally it looks like...
Hi Trader, please see above my current idea on Gold. We are currently forming an expending diagonal. This may explain why we have seen such a deep retrace in the last days. For more informations please see below, RT
ADA has formed a small cup after the recent pullback, if the handle forms (I think it will). The next target will be minor target of 3.04. This was found by the cup and handle calculation: (2.84 - 2.64 = 0.2) (2.84 + 0.2 = 3.04). This move will be important because it will create a new high which validates the upward trend. If the pattern fails, and no handle is...
FALLING WEDGE PATTERN FORMED!! IF IT GIVES A BREAKOUT THEN CAN MAKE A NEW HIGH!! Bollinger Band can break up there squeeze of more than a month with a breakout candle WHICH MAKES A GOOD CALL!! CAN retest and move up !! MACD sowing good strength after a long time !! RSI coming back towards 60!! EMA 5 DEMA has crossed 13 DEMA (making anticipatory call) AND CAN now...
We want to see on the break up a volume increase & price pushing further. This will be a good sign. It is also an opportunity to watch live volume and learn (before it happens and while it happens) If you are not familiar with volume reading, see my education post about it.
DOGE is near its all-time high, based on the previous percentage increase it could go to ~$2.5 DOGECOIN search analysis in google trends seems legit... I think I will make a future post that explains crypto in down-to-earth words. It has financial-practical value ===> it could be the future of money transfers the same way as Mcdonalds and Burger King were the...
Small trading instruments can have many attractive qualities, let's go over them: Small equity needed: You don't need a lot of capital to buy them, they are cheaaaappp!!!! Whatever happens, your risk is limited: Your risk is limited to the capital you put in (if you buy...) , when you are new to trading, human mistakes happen, whatever mistake made or...
AKRO/USDT is in falling wedge, if goes above MA20 it could bounce and retest high from 13th March at 0.06. MACD is also cross to bullish......watch cross above MA20 and MACD