Same Eveing Star is forming. Trend, Fibonacchi everything is working as strong resistance at this area!
GOLD EMA 1000 support @1680 level Fibonacci Support @1680 level Trend Support @1670 Level So, Gold will get support @ 1670-1680. Next major resistance @1780-1790 according to trend ,fibonacci and EMA ( EMA 500) So, ready to make $100 within a short time. Don't use unnecessary margin. Be safe with your investment.
NDQ, SPY all charts created weekly RSI postive divergence.
Worst has not come yet. You might see the worst before first week of June!
I am seeing ETH is coming @ 500 level. I am going to wait for that level!
BTC/USDT might go below 10k! I am waiting to buy it there.
SPY always gets support @ Weekly 200 EMA except special cases.
Yeah, the hype of crypto is going to be ended! bitcoin is coming around 6k! BTC/USDT is forming a Head and Shoulder pattern and after breaking the the Head and shoulder it will come to around 6k! it will happen within the year! you might see my previous ETH prediction !
Technical Reason: 1. Failed to break $160 ( three times) 2. RSI strong negative divergence. 3. Elliot Wave Complete 4.fibonacci 161% is at around $115 level Fundamental Reason: 1. Long-term Covid effects in this industry 2. Higher Inflation. Increasing oil prices will further hit the industry negatively! 3. Company's debt is very high, lower operating margin....
Head & Shoulder pattern broke. The share is coming to $1100.
The long term bullish pattern of ETH has been finished. RSI negative divergence is indicating the instrument might see the price of $2000 again.
1. Hidden RSI Positive Divergence 2. Upward Triangle Breakout- Continuation Pattern 3.strong Consolidation at this level and close to the easiest cloud!
SPY, ETF of S&P 500 might decrease to around 360 level to fill up the gap of daily RSI Divergence. Besides Bitcoin will touch $40,000 level. We might see the correction in a very short time. After that market might enter into the final Elliot Wave and SPY might move to 425 level. We might see this rally from the last week of March to 3 rd week of May. When...
DJI hourly chart created an H & S pattern and broke it. The index came below 8 Days EMA. Next support level 29600 and 27150.
Initially next strong support level for QQQ is 300. Weekly 8 EMA Support level is 300. RSI clearly made a divergence. so clearly the needs a correction! All indexes came under 8 days EMA. so overall market might see up to 5% correction from here! The hourly chart of DJI also created an H & S pattern.
I applied Trend Analysis, Fibonacci Ratio and Technical Tools!. As Most of the country is under lock down right now economic activities are certainly hampered and we are going to see a long recession. Payment of Airplane Fare, Hotel, Restaurant, Shopping all are stopped ! So why should not V come @ 110 ?
I applied Trend Analysis, Elliot Wave and Fibonacci Ratio. We might see the price around 150 Level within May-June.
BYND next trending and Fibonacci 161% ratio support around @30 level !