Get started

TERM

CABLE DOWNTREND REVERSALAfter the ceasefire in Ukraine, many traders are cautiously optimistic as the markets may be turning around. The appearance of an inverse head and shoulders pattern hints at a possible reversal in the downward trend since the Ukraine invasion. This could be a sign of a positive shift in the markets and could potentially open up some great investment opportunities. Traders should be sure to watch the markets closely for any potential opportunities that arise in the coming weeks. The appearance of bullish flag pattern in the right shoulder might also indicate a continuation of recent uptrend. The price is currently in a strong weekly resistance zone. This resistance also matches with 0.5 level of weekly Fibonacci retracement and also the neckline of the inverse head and shoulder pattern. I am highly awaiting the break of this resistance, which is a big big opportunity. Addition confirmations ————————————- The cables most negatively correlated EURGBP pair is also in its weekly resistance zone. This pair is in the process of making a double top chart pattern in 4H TF. This could indicate a rejection from the resistance zone and if that happens, the price will face down as the GU faces the opposite.
Long
by awelrisak
Scott's Miracle Grow WILL GROW!SMG strong buy ratings and solid financials make SMG a good Long Term Buy. The cannabis industry is helping build it's revenue from critical fertilizers and other materials that are it's core business. I honestly believe SMG is a stock that will double in the year. Mark my words Trading View! SMG will be a big winner! Also, buying SMG while it's under it's major moving averages is a much better strategy than waiting for a large break-out and trying to time it perfectly. I think accumulating SMG the next few months is a wise idea.
NYSE:SMGLong
by DontSlamTheDoor
Short Update ETH/USDT 4H INTERVALWelcome to ETH Updates. As we can see on the four-hour time frame, the price is moving above the local uptrend line. Please see that price has moved up from the resistance at 0.786 FIB, when it positively tests this area, we could see another upward move to the resistance at $1353. At this point, however, it is worth looking at the CHOP index, where we see depleted energy, while the RSI is very high, which may indicate a healthy price correction, to the levels of $1286, $1260 and even $1239.
by cryptodailyuk
3
BITCOIN FUTURE PRICE BULLISH🔋🔋On October 22, we said about the price increase. The prices of the dollar index went down. we expected bitcoin prices to rise. That's not all, if prices start to rise soon, bitcoin means that the hashrate to mining revenue ratio of $25,000 will reach an all-time high, which means they continue to invest in infrastructure despite very little mining revenue BTC in dollars. Historically, miners have been underwater in the short term, but have never failed in the long term.
COINBASE:BTCUSDLong
by mmakerinvest
2
When will SPY Bottom?Here is my thesis: If we could potentially retest the 360 area then I believe a head and shoulder breakout is possible and could be the potential bottom… but again we want confirmation. If price action can break above 30MA and pullback that will also indicate a reversal and maybe a potential bottom… If you look closely at 2022 price action, every breakout of 30MA has been rejected in the following weeks… so this will be a fundamental level to watch. Have a great day fam.
AMEX:SPYLong
by bonytrades
4
Bitcoin warning🔥VOLATILITY IMMINENTWe said the prices would come down a bit, but I can tell by looking. we are facing bear market resistance. That's not all, if prices start to rise soon, bitcoin means that the hashrate to mining revenue ratio of $25,000 will reach an all-time high, which means they continue to invest in infrastructure despite very little mining revenue TC in dollars. Historically, miners have been underwater in the short term, but have never failed in the long term.
COINBASE:BTCUSD
by mmakerinvest
SPY - Impulse Wave ProjectionsWhile the market appears vulnerable to rising interest rates and the possible recession, We continue to remain in a wave 2 corrective wave with a possible C wave still yet to come. My current equity positions consist of Jan 24 covered call positions for dividend generating stocks. Additional protection is added with March SPY put spreads. Should this analysis prove correct, the coming Wave 3 can be quite powerful. In wave theory, Wave 3 cannot be the shortest wave so one can make an initial assumption that wave 3 will at least equal wave 1. The move could possibly result in a 100% gain from the eventual wave 2 lows. Contemplating some current weakness but longer term gains, I am adding a 10% position in equities that drop 10% after the initial purchase. Thus far, this as proven to be a good strategy with GOLD, PAAS and INTC. Each fell 10% after the initial purchase but have rebounded nicely. Adding on to the positions in this manner at least leaves me with longer-term exposure should these dividend=paying stocks be called away.
AMEX:SPY
by AssetDesign