ORBS SPOT 2023 prediction $0,22Thank you for taking the time to review our update. We would like to emphasize that the information provided here is not intended as trading advice.
What follows is a prediction for ORBS in 2023, with an expected value of $0.22 for the year 2023. It's important to understand that this prediction is solely based on available data and should not be interpreted as a definitive target.
ORBS is one among several coins that have the potential to exhibit significant growth in 2023. A technical analysis of this cryptocurrency suggests that it may be a viable choice for higher targets in this year.
It's essential to live in the present moment and pay close attention to market developments. This update should not be regarded as a real-time update, but it does indicate a strong likelihood that the projected target could be achieved.
This update shows that there can come a moment when this coin is going to break and increased volume.
Notadvice
Nasdaq. not advice.nasdaq is making a couple tradeable patterns, but all of the action is happening on the lower time frames for me so it's kind of hard to make sense of it on the higher time frames. This is more of a lesson than trading advice. Just some things to looks for when trying to make sense of price movement.
NQ1! - Updated Short Term lookContext:
We've have a couple of decent days since the support test @ 12300 area.
There's been many things going on with treasury bonds, stimulus (which should be signed today), etc.
IMO we are still within the current downtrending channel but showing some signs of hope as we approach some key areas.
in no specific order:
1) 21 EMA on the 1D chart is being tested currently.
Personally I like to see a candle not touching the key zone for a Confirmation.
2) We are still making lower highs
and I am a big believer in we are in said trend until provided evidence of a conflicting idea.
3) 13120 Area shows to have some resistance present, as well as 13300.
Ideally I want to see us get that 13120 area with a nice break or hold. if we reject at these levels it will still have us making lower lows.
(*not going to give exact numbers since depending on what platform you use they can be off slightly from what I've noticed using TOS.*)
Tomorrow's expectation:
TBH, in my opinion it's a bit hard to say...I'm not too sure how much of this rally is due to stimulus if any at all (and if it is due to shimmy then would we see a sell the news type of event or make a push just a bit higher?).
IMO the smart move here would be to watch the key levels and see how it reacts. Rejections/Breakthroughs will tell us more about how to expect the upcoming move, but as it stands right now it's poised to go either way IMO as it's in a spot where if it breaks up then we can end the down trend and at least consolidate, or if it rejects and keeps making Lower highs then our attention will turn to where will the next bottom be and will the recent support hold.
**at the time of writing this a candle just opened up not touching the trend line which could be some great Confirmation coming...but it's too early to tell based off It just beginning to form thus I will exclude it from the analysis.**
What are your thoughts?
is this "correction" over or will we still see some more downside as the economy opens up and vaccines keep circulating?
ETH reaching new levels? Happy new years to you all,
We have been seeing a massing bull run in the crypto market in the last few days and I believe the best is yet to come. I first would like to say that based on the maximum amount of ETH in supply I believe that ETH will hit a MKT CAP of $148,000,000,000USD. This means each ETH of course would be worth $1300USD. I personally thought that the price would not be able to support this price just like in 2017 when we saw a cold period after the all time high. We did not have COVID-19 in 2017, that is the exception that has led me to believe that $1300USD will not the limit to where ETH will go, the pandemic has accelerated the need for fast, cheap and effective payment systems that serve the average Global citizen. Based on What I see in the ETH's MKT CAP, in my "nonpro" opinion I believe we well have the potential to hit a $500,000,000,000 USD MKT CAP by 2025 if not sooner. This would mean that ETH would hit a price range of $4,545USD.
What do you think?
Random Thoughts by TirinJust what I see, continuing what I posted from last night. The first yellow Oval was what I was thinking last night, as 1. an exit for scalping/ if breakthrough would confirm the breakout to re enter.
The newest one is where My concern would be for the next breakout and would be enough confirmation to reenter the market.
I draw randomly squigly lines with how I see this possibly going for awhile, considering its the weekend, and I am on my laptop without a mouse, excuse the roughness.
Not to be taken seriously, I just do this for fun, and never really publish, but i likes my colorful art project here.
Dont really care for followers because I never post. but feel free to see what I think and enjoy.
EURUSD Weekly long legged Doji on massive supportEURUSD closed the weekly candle with a long legged Doji outside the bollinger band.
Not to mention the massive support zone we have around 1.0510.
This could activate a rocket correction from the last 14 days of downtrend.
Another interesting thing is the movement from November 2015.
After weeks of downtrend the price turned in the last November week at 1.0510 and made a correction of 50% in rocket speed.
Is the same thing going to happen again? If not next week is it going to happen in the first December week (Italy Referendum)?
In my opinion the parity of the EURUSD is still far away. I don't think that we will break the major support at 1.0510 which would pretty much let the EUR/USD put in free fall mode. I think we will see the 1.0950/1.1000 at least before we go further down.
This trade may fit in someones trading plan. For me are the facts above to attractive. Can't just ignore them :)
Entry Level: 1.0600 +/-10pips
Stop Level: 1.0490
Target Level: 1.0950
Potential Gold Reversal Publishing a potential reversal in gold, offering an initial 6.8 R/RR
i think NFP tomorrow will ultimately determine the direction of this. Would be happy to short if 1250 breaks as the risk / reward simply inverts and offers good potential.
Looking very oversold on the RSI but it has been lower in the past. Also, we are on our 8th consecutive down day, which i believe has only happened a handful of times. Probability is, therefore, also on our side with this trade.