UK100 (FTSE) Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:(Daily TF)
The ascending flag taking shape suggests we will soon see another leg higher.
While the price is above the support 7911.37, resumption of uptrend is expected.
We make sure when the resistance at 8485.05 breaks.
If the support at 7911.37 is broken, the short-term forecast -resumption of uptrend- will be invalid.
A peak is formed in daily chart at 8385.30 on 12/09/2024, so more losses to support(s) 8083.43, 8007.24 and minimum to Major Support (7911.37) is expected.
Trading suggestion:
There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (8007.24 to 7911.37). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (8007.24)
Ending of entry zone (7911.37)
Take Profits:
8083.43
8183.03
8242.89
8380.25
8485.05
8664.21
8765.00
9000.00
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ForecastCity Support Team
Uptrend
From halt to halt up to +800%!DRCT started the day at $0.55 and mostly just traded each 1min candlestick a few moments befor it got halted again, it continued that until it moved from $0.55 to $5.00 doing +800% upside on massive 50 million shares traded. We mentioned it inside our trading chatroom when it crossed $1 early in the morning.
Then this move triggered other halt-to-halt similar stocks like CHEK which went $0.59 to $3.04 and SLGL which went $0.42 to $1.39 (currently at new high halt)
GOLD 1HR CHART frame Gold appears to have significant potential for upward movement in the near future, with a higher likelihood of prices increasing based on current trends and market conditions. However, as with any trading activity, it's essential to exercise caution, conduct your own research, and manage risks effectively before making any decisions. Always trade at your own discretion and be prepared for potential market fluctuations.
bch bitcoin cash bchusdt"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
etcusdt Ethereum bitcoin "🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
$GOOGL 30% YTD retryAfter its 15%+ drop off highs the chart shows some signs of trajectory strength off the bottom. Great legs up. I don’t really care about prices, mentally this stuff moves in percentages. 26% YTD currently, Tik Tok ban is a possible beneficial and they just filed a lawsuit against the government for overreach. I like the looks of this chart immensely, news seems positive and only 4% from a solid YTD. Leave a comment, leave a follow.
WSL
BTC/USD Bitcoin bull-run peak and the next 1-2yr downtrendI haven't posted anything in a very long time so here goes:
We can clearly see that BTC/USD is still continuing to follow a Cycle Pattern of 8-Bars (8x 6 month candles) so around 1461 days of a full cycle. Note that each half cycle is between 730-731 days.
Following this pattern, technically the BTC/USD Bullrun should peak on the 6 month candle starting July 2025. This does not mean that the upcoming 6 month candle before starting 1st Jan 2025 has to be bullish, only that the next 6 month candle starting 1st July 2025 ends bullish or at least creates a new ATH within that 6 month candle.
If this pattern holds true, the 6 month candle starting 1st Jan 2026 will take us into another 1 1/2 year to 2 year long downtrend until the cycle reverse to the uptrend on the 6 month candle starting 1st July 2027. But as we can clearly see, the bottom of a downtrend can potentially be on the previous 6 month candle before the upwards Sign Wave such as we have seen previously on the 1st Jan 2015, 1st July 18 and 1st July 2022 6 month candles.
That's it.
Enjoy.
BITCOIN to target 100K in 18 - 20 monthsBITCOIN /USD
On monthly chart, there is a forming uptrend pattern.
The RSI and MACD are supporting this uptrend.
Targets are shown on the chart at stages, going to 100K by May 2025.
Profit protection should be properly managed.
The Stop Loss line (red) should be considered.
SasanSeifi| Will the Price Move Towards $60?Hey there,✌On the daily timeframe BINANCE:METISUSDT , as you can see, the price encountered a correction after reaching the supply zone. After this correction, the price faced an increase in demand around the $35 level and is now trading within the important supply zone at $46.
The mid-term analysis suggests that the market trend is more likely to move upwards. If the price successfully breaks through the supply zone and stabilizes above the $48 level, it is expected that the price will move towards higher levels, such as $53. After this move, there might be a negative reaction and the formation of a range zone, followed by a pullback, after which the price could reach higher levels such as $60 and even $66.
From a mid-term perspective, if the price reaches the $60 level, observing the price reaction at this level can help us gain a better understanding of the future trend. If we see demand at this level, it is likely that in the long term, the price could reach its long-term target of $75, experiencing significant growth. The short-term support zone for the price is currently between $43 and $40, which can be considered.
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
A currency that I always loved #pepeThis currency has always been profitable for me, so far I have not lost on this currency.
When the falling trend line was broken, I entered and took a profit of almost 20%. Now this currency has shown a good position for an upward movement. If you are going to buy from these places, don't forget risk and capital management.