Same
JICPT| Tencent bouncing from previous low with better earning!Hello everyone. The reported earning today is way better than the estimated number. However, I noted a gap down at the opening with previous low sitting around HKD 421.
Basically, the continuation of the crackdown on the tech companies worried investors. Today's upper wick candle suggested selling pressure.
The nearest support level is previous low of HKD 421. What's the next key support level if 421 is violated?
On the Monthly chart, HKD 394 is identified as a confluence supporting level with flip, mid-term MA and uptrend line .
Don't use up all your bullets if price drops to the level. We all know that emotion may push the price further down. But, in my opinion, HKD 394 is really a reasonable & cheap price for Tencent. I'd like to hold it for 2-3 years.
What do you think?
Give me a like if you're with me.
ADAUSD - Triangle and correction - Crypto classicsOnce upon a time... After a five wave impulse... After a first A wave of correction... A triangle has come and said: "In correction we trust"
Familiar story, isn't it?
Actually, all the cryptos I've analysed have like the same nature, the same wave structures. All of them so far are moving into a triangle at the moment, and predict a further fall to end the correction. Strange and nice at the same time. This also means that after the correction end, a big bull ride will begin, and we have been blessed with a second chance to enter the crypto market at a low price.
Stay tuned for other cryptocurrency analysis, that I am sure will be practically similar
Bitcoin vs Gold / Gold's Last Dance / Spot the DifferencesBesides time, that is x10 faster on Bitcoin due to technological advancements, better global access to markets and information i see no other major differences. Our future self 30 years from now when we will be around 60-90 will sound to our kids and grandkids as our grandparents and parents right now, BTC is the safe haven!!!
Matter of fact BTC has a bright future ahead but imo the insane bitcoin rush is now gone, it will slowly and gradually replace gold (as global reserve) but first gold has one last dance.
SAME Mencapai Target Kenaikan Awal, Kembali Rally?Sesuai ulasan kami sebelumnya "SAME Berpeluang Mengakhiri Fase Konsolidasi Menuju 180" Saham ini mampu menguat dari 129 dan bergerak naik dan mencapai target kenaikan di 180.
Saat ini SAME berkonsolidasi di 151 - 179. Jika saham ini mampu bergerak naik menembus resist 179, maka terbuka ruang kenaikan yang lebih tinggi menuju 254 dengan minor target 208.
Rekomendasi : Hold bagi yang sudah memiliki dan bisa dipertimbangkan beli kembali di 179 (High Entry Risk). Bagi yang belum memiliki saham ini, perlu hati - hati karena termasuk dalam High Entry Risk. (Pantau Watchlist GSPRO+ anda untuk update risk lebih rendah)
DXY and EUR/USD - Quick education!Hey tradomaniacs,
just a chart that shows all what I wanna say. :-)
Just for those who didn`t know.
The Dollar-Index is a currency basket which compares the USD to 6 other currencys.
AS you can see, the EUR/USD has 57,6% (since 1999) of that basket and basically turns that basket into a
USD/EUR currencypair. ;-D
Just check it out :-)
Peace and good trades
Irasor
S&P 500 Index: SPX Same Wild Triangle as GoogleSandP 500 Index SPX
The same wild triangle as Google is less well defined on SandP
- at least on downside - will likely retest the rising dynamic
of the triangle here ansd will follow Google, not the other
way round.
It does however look quite threatening - one thing for sure,
this cannot be bought again until it either it breaks lower still
or only once 2675 is broken above from here and held on the
retest in the alternative.
ETH Same setup as BTCETH has just formed more or less the same set up as BTC before it broke Bearish on the 4 hour chart. Increased Bear volume and head and shoulder pattern in a rising Wedge.
BTC same pattern setting up. Will it play out the same as ETH lets see.
ETH Good buy opp at these level as the 4 hour is oversold.
Same Range, Same Fibonacci... "Same Retracement?"There is a marked long trend tendency with similar resistance and support lines.
Inside that, we can see how the bullish price is strong and has had a retracement of 61.8%.
Both fibonacci are exactly the same, and as we can see, the story seems to repeat.
We can also see how both range have exactly the same % with very similar price unit ranges.