🟢 When to Be Concerned About Bitcoin in the Short Term BITSTAMP:BTCUSD has surged significantly since the summer of 2024, and the bullish cycle is expected to last at least until the summer of 2025. This means that in the medium to long term, fluctuations shouldn't be a major concern. However, if you're trading Bitcoin or waiting for a chance to buy at a...
🔴 ICICI Bank is under strong bearish pressure. ICICI Bank is one of India’s top banks, based in Mumbai. They’ve got a massive network with over 6,600 branches and 16,000 ATMs across India. They’re known for their innovative banking solutions and have a strong presence in 11 countries. They’re considered a Domestic Systemically Important Bank by the Reserve Bank...
🟢 Iberdrola is breaking out of a Pennant Chart Pattern The Spanish renewable energy company Iberdrola is forming a Pennant Chart Pattern amid a years-long bullish rally. This type of pattern is typically ideal for making quick profits as both the pattern and the overall trend indicate the same direction. ✅ What pattern is unfolding in BME:IBE ? The Pennant...
🟢 Where is Bitcoin and why will hit $200.000 In the chart, you can see all halvings marked by blue vertical lines. The analysis is as simple but strong. After each halving, there is a bull period of 1 to 1.5 years. The last halving was in April 2024, so the maximum price should be reached in April 2025 or during the summer of 2025. Taking a step back to see the...
🟢 The Russell 2000 is cornered The American index Russell 2000 is at a crucial point for its future development. The price is near the marked double top and is also using the 2024 upward trendline as support. If the 2024 upward trendline is lost, the price could see drops of at least 7% in a few days. If it breaks the double top , it means we have nothing to...
EUR/USD FAST UPDATE Quite easy, we said previously that breaking the green support was a bearish signal. After a breakout and take profits, now we see the price coming back to the support and forming a head and shoulders pattern. Breaking up the blue resistance level would mean the start of a rally to, at least, 1,07 area. Be ready :) Previous short idea:
🟢 UBS offers a great trading opportunity (+10% returns) UBS is offering today a 10% returns or more opportunity risking just 2% in the deal. Furthermore, UBS has multiple patterns supporting this. As a bonus point, I will explain how to do this trade RISK-FREE. ✅ What pattern is unfolding in UBS? UBS formed few weeks ago a triangle as a continuation...
🟢 Navigating the S&P 500 The S&P 500 index is near all-time highs, and many voices are starting to question these prices, even talking about a bubble. But is this true? Setting aside opinions and focusing on technical analysis, it's important to note that as long as we don't lose the $5,860 level, we will remain in a bullish market . Therefore, buying in that...
🔴 EIX is presenting a fantastic second chance for traders. A new opportunity has appeared on the NYSE:EIX chart. A few days ago, we had the breakout of a double top, which has already set a risk-free trade in motion. Now, it offers a chance for those who missed out to enter a new trade by taking advantage of a pull-back. The last pull-back offered by EIX in...
🟢 eBay is the paradise of Chart Patterns NASDAQ:EBAY is one of the best stocks if you regularly trade using chart patterns. In the chart, you can see up to five different market patterns in just one year. This makes trading eBay quite predictable in terms of risk/return. We are currently seeing the formation of a rising wedge, which can be very profitable for...
‼️DAX is showing a dangerous pattern The german index, XETR:DAX has been in a strong bull market for a long timet, but recently we had a confirmation of a RISING WEDGE PATTERN (in blue). ✅ What does a RISING WEDGE PATTERN imply? Rising wedges are usually formed at the end of trends and when the price breaks below the blue support trendline, a fast decline...
🟢 Easy idea on FANG for 10% returns NASDAQ:FANG is offering today a 10% returns opportunity risking just 2,5% in the deal. Furthermore, FANG has multiple patterns supporting this. As a bonus point, I will explain how to do this trade RISK-FREE. ✅ What pattern is unfolding in FANG? FANG has broken a minor blue trendline meaning that the price should...
🟢 BRENT has no choice!! VELOCITY:BRENT is trading calmly amid the international volatility, this is a rare situation and the market is narrowing more and more. ✅ What pattern is unfolding in FANG? Many patterns are unfolding together, but the most inmediate is a small triangle that will bring us some volatility once it is broken. 💰 How to trade this chart...
🟢 Finding EASY opportunities in the market NYSE:CQP is a great energy company with a very good dividend (over 5%) and a good price outlook. Trading this stock is right now one of the easiest things to do in the market and I'll explain why I love to trade this kind of stock. ✅ What pattern is unfolding in CQP? A classical triangle chart pattern is...
Bitcoin started a bull cycle on 2023 and now has finished a lateral zone creating an expanding triangle, which is a sign of continuation for trends. Taking into account that we are just doing new highs, this can be crazy, but the $100k target will be soon. How to trade BTC now? Buying BTC now can be hard because a pullback can hit hard to your...
🔴 SHORT NVIDIA!! Well yes, you got me... this is such a clickbait title, isn't it? But NASDAQ:NVDA has shown, for the first time in several months, a short opportunity that bears should not ignore. The bull trend that we have since September has been broken and we are not retesting the trend. It's a great moment to sell with: 🔴 50% short with: -> stop...
🔴 Eli Lilly is facing problems after the earnings presentation NYSE:LLY has broken an especially important support and is now in free fall. Avoid buying it now. The break also activates the bearish double top and that means that the $550 is the target of the pattern. If you look close to the chart, the volume appears in the $550-600 area, which is very...
🟢 S&P500 is still strong The USA index is showing strength amid geopolitical tensions. Right now, the index is in a clear bull trend since 2023 and we are far from a clear corrective pattern. Take care if the price approach the red trendline, breaking that trendline could be a first signal of a neutral or bear market unfolding. For now is better to hold or...