The terribly vast trendline, starting from the financial crisis and showing all major financial crises since then, including the COVID-19 crisis and the subsequent retracement, suggests that what I would call the AI bubble is nearing its peak. We are at the height of speculative mania, and this cannot be sustained. Just a thought—no further technical analysis is...
As is shown, in my judgement there is a short term Nasdaq retracement imminent. RSI shows that resently the nasdaq index has been overbought and is therefore a great time to sell short, this is further strengthened by the apparent trend in the market, where the nasdaq if forecastet correctly soon will hit a resistance level. I believe that this is a short term...
I have obseved a financial trend on Nasdaq 100. It is noteworthy of mentioning that the historical data of Nasdaq holding true to its trendlines can validate the point that it will most likely follow the trendline oncemore. I see this trend reaching the top of the trendline within the forthcoming weeks. It is imperative to mention that trendlines are very...
Over the past few years, financial markets have experienced various trends and movements, influenced by a range of factors. In 2021, one notable trend was a bull run in many markets, which was partially driven by a looser monetary policy from central banks aimed at supporting economic recovery during the COVID-19 pandemic. However, there were other factors...
On the Chart the bitcoin follows the trendlines perfectly, might be the time to buy if we se a little more support.
This is a great opportunity, adding to my last position. Dax has breached out of recession trend, I see potential in the coming month.
I am thinking about buying BTC , due to the oppertunity emerging in the market right now. I have found three indicators that i find useful on this buy in. I am using SMA (but a weird tradingview version of it, but it still does the job), elliot wave (i dont like using it that much because it is very user interpretad) & last but not least trend lines . As you can...