Cardano is poised for significant growth in the next period! ADA stands out as one of the most developed blockchain in recent years. Factors like decentralization, proof-of-stake consensus, and upcoming features contribute to this growth, along with the project's focus on interoperability and a thriving community. Potential 10x Targets: 1.2$ 2.3$ 5.0$ ...
In the last few sessions we have seen an interesting consolidation on intraday chart. From a technical perspective, this bearish leg could also be a 12345 impulsive structure. That said, some corrective structure is possible in short term. In this specific case, the problem is not "if" we reach the Target, but "when" we will reach it and from where the technical...
The U.S. government is trying to ride out the inflation crisis with a combination of interest rate hikes and loose fiscal and tight monetary policy, which could be a positive factor for the dollar. With food and energy inflation much higher in Europe than in the U.S., the market is predicting that the ECB will enter a rate hike cycle. The path of future rate hikes...
Buy 1.07000-1.07300 Stop Loss 1.05500-1.06200 Target 1.08000-1.09000 Like and Share
1st range $27400-30200 2nd range $25400-33000 Like and share
Short-term support levels $1829-1836 Strong support levels $1817-1820 Gray zone range $1817-1870 Resistance levels (potential upside target) $1858-1870
Buy 1.04500-1.04900 Target 1.05500-1.06300 Support levels 1.04500-1.03500 Like and share
Investment Pick Jet Airways at CMP 113-115 Holding Period 1 Year
The U.S. Dollar Index (DXY) is a weighted currency index that is commonly used as a benchmark for the performance of the U.S. dollar. The U.S. Dollar Index continued to rise following last week's surprise upward release of U.S. inflation data for April (which was lower than March's data). The higher inflation data supported the value of the dollar at a time when...
The Federal Reserve wants to slow inflation by tightening monetary policy. But excessive tightening threatens to drag the economy into a recession, so market volatility has increased. The Nasdaq and S&P 500 indexes fell for the fifth straight week, and the Dow Jones fell for the sixth straight week. This is the longest streak of declines for the S&P 500 and Nasdaq...
Next price target $58-$65 or higher. Twitter ( TWTR ) said Monday that Tesla ( TSLA ) CEO Elon Musk will buy the social media company for $54.20 per share in cash in a deal valued at about $44 billion.Twitter will become a privately held company after the deal closes, the company said in a statement. "Freedom of speech is the cornerstone of how democracy works,...
XAUUSD hit a new price low in the last trading session of the week, and the market's lack of confidence and failure to reach a consensus to form a synergy has led to repeatedly blocked rallies. Prices are trading below key moving averages, which are unfavorable signals. On the other hand, the market expects the Fed to use aggressive means to raise interest rates...
We found a bearish signal in BTC, the largest market cap, by tracking the cryptocurrency market recently, and it so happens that LUNAUSD is at an all-time high, so what would you predict will happen to it next? BTCUSD
From a technical point of view, the outlook for EURUSD shifted from bearish to oscillating in the demand zone. Prior to this, the sharp price decline was not met with resistance, the emergence of lower highs and lower lows patterns, as well as the price trading below key moving averages, were unfavorable signals for the common currency. On the other hand, ECB...
I think I would be bullish if the price is above the 1.09962-1.10943 level, otherwise the price will test the green zone support level downwards. The market needs more money to actively buy in order to push the price back up, and the price levels I mentioned above are especially critical. Pick and like, PM
Sell $65-70 Stop Loss $76-78 Target $50-56 Pick and like, PM
If the price is above the $42121-44276 level, I think I would be bullish, otherwise the price will move down. The market needs more money to buy aggressively to push prices back up, and the price levels I mentioned above are especially critical. Earlier Trading Plan
Buy $9-12 Stop Loss $5-7 Target $20-28 pick and like, PM