TERM
When youtubers talk about higher and higher, I scream ALERT 🚨🚨Hello everyone,
I believe less and less in technical analysis ...
After spending more than a year staring at charts and drawing lines, I realized that the stock market has an alternative to my moves every time.
We can say that we have a correction, a flag that is responsible for the continuation of declines.
On the other hand, we have higher and higher lows and lows, which says about the trend reversal, and of course a lot of analysts claiming that there will be no more declines.
What to believe? I believe that BITCOIN will be cheap at 28k-30k and then it will be time to buy or enter futures in the long-term.
I wouldn't be surprised if the price was pushed by a wick even at 24k.
I sit with SHORT and wait for the Youtuber money to fall into my hands: D
I must warn you about the descent because this is my vision for the near future. Don't be fooled by temptation!
The plan to delete us is very simple: D Let's show them that it's growing, and they'll wake up in the morning with nothing.
Remember that I may be wrong, but the truth is, this is a fight with the player on the other side of the monitor.
Comment and like,
Regards
#buydips
Which candlestick color do you paint your XAU Easter Eggs?Looking for a BUY! in a short-term dip! YeeHa.
Looks like an upward wedge and a possible little buy-the-dip! if it breaks lower before continuing the trend upward.
Profits may be taken before the holiday weekend. Also looking for volatility on lessening volume.
BTC/USDT Price have broken above recent structure of resistance ( around 40,600 & 40,500) & heading for the next zone. Possible outcome, bitcoin will try to reach 42, 000 point & by that point we should be looking to short the market to test the violated zone around 40,500 & 40,600.when the market move in this pattern we should be looking to short the market around the violated zone.
GOOD INVESTMENT OPPORTUNITY
Price has formed a Demand in Higher Timeframe, Post reacting to the Higher Demand we have Price again forming new Highs and a Freshly formed Demand is a Trade Demand.
"HNT" STOP This Fkn correction and let go UPPPPP!!!!
GOING LONG for helium, and will hit different targets, where the final TAGET is in 11 days
VOO VANGUARD S&P500 ETF- IS IT GOOD FOR A LONG TERM HOLD? VOO AMEX:VOO is showing promise. Markets have very slowly begun to correct since the Russian Invasion into Ukraine Feb 24th, 2022. Since then, you see some recover on this chart. While things are still uncertain with the overall health of the economy and markets the S&P is gaining some slow momentum. However is VOO a good long term hold ? Well, I'm gonna be opening a position with VOO for my portfolio and increase with dollar cost average new positions to protect me from any volatility.
Hope you enjoy this TA and don't forget to like and subscribe and show your support.
Disclaimer
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this TA,(Technical Analysis) are for informational and educational purposes only and do not constitute financial, investment, trading, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using or reading this technical analysis or site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this analysis, or post. AMEX:VOO
This could be XAUUSD 's golden year!2011 marked a huge accomplishment for Gold peaking at 1920.
This peak was made possible fundamentally due to inflation brought on by the sub-prime 2008 crisis.
After peaking around 1920 back in 2011, Gold resumed to drop for a consistent 2 year period until 2013.
Between 2013-2019 Gold was trading within a triangle consolidation pattern that broke up June 2019.
Between 2019 to today Gold is trading in a technical weekly up-trend with higher lows.
On my previous bigger picture review of Gold when it was trading around 1800 back in 2020 - I've covered how Gold may continue to rally long-term with consistent new highs.
Gold resumed to rally after my idea was published and peaked at around 2080 just a couple month later, August 2020.
After peaking August 2020 - It resumed to trade down until November 2021, when for the first time we had a higher high on a weekly close.
Since November 2021 a consistent up-trend is ongoing, which started from a double bottom forming around the breakout which is also the weekly support stretching since 2018 connecting lows.
Most recently we have a weekly close above the previous high of 2011 (1920) and connecting highs stretching back a year to early 2021 , also at around 1920 - Together making up very bullish indications, which means a new all time high is targeted.
If this week closes above 1945, expect an extremely strong start to the week for Gold , with 1960, 1980 and 2010 as immediate possible targets.
Inflation , uncertainty , pandemic, war - All bullish factors supporting the bullish technicals reviewed on this weekly chart.
Please like and subscribe if you like my point of view , thanks!