Let's take a look at the opposite view on Lucid relative to my other idea of a potential upside. The bearish idea vs bullish idea (linked below): Both scenarios are technically possible, but I lean towards a bearish outlook for this stock if it trades below the first red line and struggles to recover. I must disclose that my analysis is primarily...
From this level the market price in my view is very likely to trade higher over the next few weeks to couple of months. I'm bullish here! Let's see what happens over the next few weeks / next 2 months. Tesla product event was also very promising and makes me more bullish on the company as Tesla is showing progress with their innovations from Vehicle design &...
From a technical standpoint, Lucid Group appears to be far more likely to trade higher than lower. I have place 3 price targets which in my view are likely levels for price to trade at. Lucid is still yet not profitable albeit some improvements to their revenues and profit margins over the last two quarters of 2024. I don't know much about the company products...
Bearish Harmonic Pattern on BTC - Very Interesting to See how This Plays Out
Bullish outlook on Edelweiss. This could potentially be a turning point from the weekly chart, resulting in this market shirting into a 'buy program' and seeking high prices. The eye symbol resides above old highs - a place where liquidity would be resting in the form of buy-stops. Think of the sellers who are making money selling short, were would there stops...
Study on direction, I'm thinking that price will drop lower. At least that's my thoughts at the moment.
What Is BTC Dominance? Bitcoin dominance, or BTC dominance, is measured as the ratio of the market capitalization of bitcoin to that of the rest of the cryptocurrency market. Some crypto investors and traders use bitcoin dominance as a guide to adjust their trading strategies and portfolio structures. Source: Binance Academy Quick Forecast, we may see a...
Datadog is an observability service for cloud-scale applications, providing monitoring of servers, databases, tools, and services, through a SaaS-based data analytics platform. Annual Revenue: Datadog revenue for the twelve months ending March 31, 2022, was $1.193B, a 77.9% increase year-over-year. Datadog annual revenue for 2021 was $1.029B, a 70.48%...
Google Stock - I'm anticipating a 50% decline (minimum). Stocks are taking a huge beating as the economy faces inflation, rate hikes, and lots more crazyiness.
BTC to 15K However before we see this it is possible for the price to return to a premium and then go lower.
Mitigation Block Study After Running Through an FVG price a c.50% of the dealing range
This is the BTC Dominance (BTC.D) chart. BTC.D Down = BTCUSD UP BTC.D UP = BTCUSD Down Right now the BTC.D Chart is at a discounted market, however, it seems to be trading up into a premium market which is (technically speaking) why BTCUSD has been falling recently. Based on this chart, BTC will likely drop a lot more from where it's at should we reach up into a...
American Express Company, together with its consolidated subsidiaries (“American Express,” the “Company,” “we,” “us” or “our”), is a global services company that provides customers with access to products, insights and experiences that enrich lives and build business success. Our principal products and services are charge and credit payment card products and...
Orange Area = 4 Hour Imbalance If we trade above this on a 'closing' basis then think higher prices - possibly $21.50. If we failed to do so, the first objective is $17.50, if we remain heavy the second objective is $16.00 BTC sentiment still appears bearish, this makes be bearish on crypto assets across the board. I'm not selling.. I may trade these a bit in...
Edelweiss Group is an investment and financial services company based in Mumbai, India. It is co-founded by Rashesh Shah and Venkat Ramaswamy. Founders: Rashesh Shah; Venkat Ramaswamy Assets under management: 750 billion INR (US$11 billion) Revenue: 96.02 billion INR (US$1.3 billion, 2020) Founded: November 1995 Headquarters: Mumbai, Maharashtra, India Total...
As per my previous post, I have been very vocal about my views on BTC. I'm still focus and remaining with my idea. The weekly FVG pay potentially get traded through during the upcoming week(s) as this is our 3rd time trade into the same FVG. 3 times in the FVG we can potentially see price violated it... This might be what we're seeing occurring here. If the FVG...
If you view my other post, you will notice my thoughts on Bitcoin and my rationale as to why I feel the market is uncertain at the moment. Nonetheless, I also noted the area from a weekly chart as to what to monitor to add further confirmation that BTC is really bullish and not just rallying higher due to short term / intra-day volatility. The weekly imbalance...
Orange Area = 4 Hour Imbalance If we trade above this on a 'closing' basis then think higher prices - possibly $21.50. If we failed to do so, the first objective is $17.50, if we remain heavy the second objective is $16.00 BTC sentiment still appears bearish , this makes be bearish on crypto assets across the board. I'm not selling.. I may trade these a bit in...