Welcome to my XU100 analysis. 1) Neutral First of all when we draw a regression trend from the Corona crisis (March 2020) to the Triple Top of 1580 level, apparently we are still in a bull run. However, the price level dropped below the regression trend on 21st of April but it went back into the regression trend. Currently the support of the trend is at 1432...
Gold might be starting the 5th impulsive wave and medium-term price targets are pinned. This is not a financial advise
I think we are in the 4th correction wave of the this Bitcoin bull run, where investors truly don't want to be trade in. 30k seems to be the textbook H&S price target and 0.618 Fibonacci level of the 3rd impulsive wave. For a considerable period, I would see Bitcoin will consolidate within the Red Triangle that I draw. I am looking for 30k as the support, the...
KRDMD aiming for TRY10 with the increasing steel prices, ichimoku daily support is on 6.87 making the risk reward ratio is quite awesome. Below 6.87 it is the stop zone while green line is the TP zone. Not a financial advise.
Hello dear gold investors, Above, I share my gold projection in which I think we are the beginning phase of the 5th Elliot Impulsive Wave. Below the red trendline, investors should consider to stop loss which is very near to the current price zone. If I am true and this is the initial phases of the 5th wave, then I suggest 2 take profit areas, first one is USD...
TRY 11 - 11.50 should be followed as a strong support for SOKM whereas 13.19 and especially 14.72 is being a strong resistence. If SOKM is able to break above, investors should aim for new all time high which is TRY 18.00. This is not a financial advise. SOKM için takip edilmesi gereken destek bölgesi 11-11.50 lira iken, 13.19 birinci direnç, 14.72 ikinci ve...
As soon as price crosses or move under EMA 40, it seems buyers react harsh. Both patterns are EMA 40 should be followed by the HEKTS investors.
Time moves in favor of TCELL. Prica can crash the ascending triangle and might go above 17.30 resistence zone this time. Yet, buy zones are either around 13.40 or above 17.30 if price consolidates.