With Donald Trump officially assuming office on January 20, 2025, the United States is set to inaugurate what is widely regarded as the most pro-cryptocurrency administration in history. Whether this development will ultimately prove beneficial or detrimental to the financial markets remains uncertain. For cryptocurrency investors, particularly those who closely...
Bitcoin has been consolidating sideways for the last few weeks after taking the highs at 108k and moving back down to the lower portion of the value range. I am looking for a potential ABC corrective structure here after a rejection at the 0.618 from the recent bounce, leading me to believe we may see the 1-1 extension of this corrective move down towards the...
An Elliott Wave combination correction is a complex corrective pattern in Elliott Wave Theory, typically formed when simpler corrective patterns combine to create a larger, more intricate structure. It consists of two or three corrective waves labeled W, X, Y. Combination corrections aim to extend and complicate the corrective phase, often seen in sideways or...
XRP forming an EW 5 count triangle , aka bull flag. Looking to set point E for a bounce and potentially longer term hold. Longer term trend is still currently bullish as this may simply be a continuation pattern.
Markets across several asset classes have seen a large move to the upside, following the confirmation of Donald Trump winning the US presidential election. We have seen a massive volume injection sending stocks soaring within the 45 days following, with many companies gaining 50% and more on average in a short period of time. At the moment, we have been trading...
Although I do believe telsa is quite overvalued at the moment, I do believe she may have some legs to run here going into January before a larger correction. Looking to flip the previous ATH into support here before a final pump which may be the short opportunity for Tesla. Lets see how it plays out
Microsoft has yet to reclaim all time highs after it peaked in July at $468. Forming a symmetrical triangle as price is being compressed towards the breakout zone. Recently price bounced off the support, into the 0.618 and into resistance. Looking for a potential break although there is strong resistance above, or a break down and continuation of the downward...
The AI industry has captured alot of interest from many investors and traders alike. After the most recent massive rally on Sounhound , for a whopping 400% , we may potentially see a rotation into other AI players such as Big Bear. BigBear.ai is a technology and analytics company specializing in artificial intelligence (AI) solutions for decision support and...
Micro-strategy has been on an absolute tear in the last few weeks, rallying several hundreds of percent. Luckily for those with a large risk appetite , we have an ETF available to us which provides 2x the volatility of MSTR. This can be a very dangerous play if you do not understand how to manage your risk, so I would advise extreme caution here. With that...
Opendoor is publicly traded on the NASDAQ under the symbol OPEN. Its stock performance often reflects factors such as housing market trends, interest rates, and competition within the proptech and real estate industries. The company has experienced volatility, particularly due to the cyclical nature of the real estate market and external economic factors like...
XLM also known as Stellar was exposed to a less than stellar launch back at the peak of the 2021 bull market. However, after a massive beat down to les than 10cents, XLM has recently rallied back to all time highs on the notion that American made crypto holders can realize gains without capital gains tax. Not only that, but XLM offers low-cost transfers which...
Plug Power Inc. is an American company specializing in the development of hydrogen fuel cell systems and related technologies. Established in 1997 and headquartered in Latham, New York, Plug Power focuses on creating solutions for the production, storage, and distribution of green hydrogen. The company's technologies are designed to replace conventional batteries...
Nike stock reacting at several levels on my chart. Long term trend line, Value area rotation, double bottom at support. Several confluences for me, break the lows would be a clear invalidation. 11:1 r/r
Etheruem is looking extremely weak at the moment, we have just broken a ercent swing low and looking downwards towards the previous range. I have a few levels below that give me confluence to believe that ETH will drop as well as many altcoins unless we absoultely find a bounce and soon. Below you can find the Previous Range point of control marked in Blue....
SoundHound AI has shown significant revenue growth recently, benefiting from a rising interest in AI-driven technologies, particularly in voice AI. The company's Q3 2024 revenue exceeded $25 million, marking an 89% year-over-year increase and underscoring a promising trajectory in its voice AI solutions across various sectors such as automotive and customer...
Kathy Woods ARKK Innovation fund has been completely beaten down over the course of 2 years, down over 80% from the peak of the 2021 bull market. After trading in an accumulation zone for many months, we have broken out of the value ranges, as well as the overall consolidation zone marked in the green box, which presented to be a resistance zone that should be...
Meme coins generally make laugh, as they outperform most of the markets with absolutely no real fundamental value. Pepe however can be an interesting case, as it trades with quite large liquidity, while also respecting key levels. Ive been watching PEPE for quite some time now forming this overall range, with beautiful pivots at the range POC as well as...
Coinbase has been in a long time accumulation range between approx $50 - $110. I have marked some of my levels for the longer time frame if the stock / BTC performs well. One thing to note, if we take a look at the fixed range volume profile, you will notice the majority of the volume is being traded below the current price of $82. The range point of control...