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Premium🛒Alibaba ( NYSE:BABA ) reversed exactly here: 🔎Analysis summary: Recently Alibaba has perfectly been respecting market structure. With the current bullish break and retest playing out, there is a very high chance that Alibaba will rally at least another +20%. But all of this chart behaviour just looks like we will witness a major bottom formation soon. ...
🚗Tesla ( NASDAQ:TSLA ) prepares a major breakout: 🔎Analysis summary: Not long ago Tesla perfectly retested the major support trendline of the ascending triangle pattern. So far we witnessed a nice rejection of about +50%, following the overall uptrend. There is actually a quite high chance that Tesla will eventually create a new all time high breakout. ...
⚔️Bitcoin ( CRYPTO:BTCUSD ) is still 100% bullish: 🔎Analysis summary: For the past couple of months we have been seeing an overall consolidation on Bitcoin. But looking at the higher timeframe, Bitcoin remains in an underlying strong bullrun. Consolidations are always expected and no reason to freak out since everything is still bullish. 📝Levels to watch:...
🍎Apple ( NASDAQ:AAPL ) will head for new highs: 🔎Analysis summary : Apple has been underperforming markets for a couple of months lately. However technicals still remain very bullish, indicating an inherent and substantial move higher soon. All we need now is bullish confirmation and proper risk management and this setup looks very decent. 📝Levels to...
Micron Technology - NASDAQ:MU - will rally another +50%: (click chart above to see the in depth analysis👆🏻) About two months ago Micron Technology perfectly retested a confluence of support. This retest was followed by bullish confirmation, nicely indicating a reversal. So far we saw a rally of +100%, but looking at the channel pattern and previous cycles,...
🔋Adobe ( NASDAQ:ADBE ) will break the triangle: 🔎Analysis summary: Yes, for the past five years Adobe has been overall consolidating. But this consolidation was governed by a strong symmetrical triangle pattern. Thus following the underlying uptrend, there is already a higher chance that we will see a bullish breakout, followed by a strong rally. 📝Levels...
⚔️Bitcoin ( CRYPTO:BTCUSD ) just created new highs: 🔎Analysis summary: Bitcoin is currently - especially with the new all time high breakout - just perfectly following previous cycle behavior. Since there is no real resistance above current price, apart from psychological levels, I do expect a substantial rally back to the upper channel resistance...
Gold - TVC:GOLD - might top out soon: (click chart above to see the in depth analysis👆🏻) Since Gold confirmed its rounding bottom in 2019 it rallied more than +200%. Especially the recent push higher has been quite aggressive, squeezing all bears. But now Gold is somehow unable to create new all time highs, which could constitute the a top formation. ...
📧Alphabet ( NASDAQ:GOOGL ) will head much higher: 🔎Analysis summary: If we look at the chart of Alphabet we can basically only see green lines. And despite the recent correction of about -30%, Alphabet remains in a very bullish market. Looking at the recent all time high break and retest, there is a chance that we will see new all time highs soon. 📝Levels...
🪓Meta ( NASDAQ:META ) is retesting major structure: 🔎Analysis summary: After Meta perfectly retested a major previous support trendline in 2022, the trend shifted bullish. We have been witnessing an incredible rally of about +700% with a current retest of the previous all time highs. Time will tell but a bullish breakout remains quite likely. 📝Levels to...
EurUsd - FX:EURUSD - is about to fly: (click chart above to see the in depth analysis👆🏻) EurUsd has been rallying about +15% over the past couple of months. Additionally the breakout at the current resistance trendline is about to be confirmed. Subsequently EurUsd is setting up for another major move higher, which will be painful for all European traders. ...
🐂Dow Jones ( TVC:DJI ) will create new highs: 🔎Analysis summary: Since the April lows, the Dow Jones already rallied about +25%. This was simply the expected rejection away from a strong confluence of support. Now, the Dow Jones is sitting at the previous all time highs and about to break out, leading to a massive rally. 📝Levels to watch: $45.000,...
🪙Gold ( TVC:GOLD ) just created a top formation: 🔎Analysis summary: Over the past four months, Gold has overall been moving sideways. Following a previous blow-off rally of about +25%, this cycle is very similar to the 2008 bullish cycle. Bulls are starting to slow down which will most likely result in the creation of at least a short term top formation. ...
Nvidia - NASDAQ:NVDA - breaks out now: (click chart above to see the in depth analysis👆🏻) Within two and a half months, Nvidia rallied more than +70%. Following this recent bullish strength, a retest of the previous highs was totally expected. But this does not seem to be the end at all. There is a much higher chance that we will see new all time highs soon....
💉Nike ( NYSE:NKE ) creates the bottom now: 🔎Analysis summary: More than four years ago, Nike created its previous all time high. We have been witnessing a downtrend ever since and a correction of about -70%. But with the recent retest of an important horizontal structure and bullish confirmation, Nike is about to create a potential bottom. 📝Levels to...
Dogecoin - CRYPTO:DOGEUSD - has to reverse now: (click chart above to see the in depth analysis👆🏻) A couple of months ago Dogecoin retested the previous all time high. We have been seeing a harsh correction of about -65% thereafter. However Dogecoin still remains in a bullish market with bullish structure. In order to validate this trend, a reversal must...
📣Bitcoin ( CRYPTO:BTCUSD ) is still totally bullish: 🔎Analysis summary: A couple of months ago Bitcoin broke above the previous all time high. This was basically just the expected creation of new highs, perfectly following the underlying cycles. With respect to the long term rising channel formation, this bullrun on Bitcoin is just starting. 📝Levels to...
Gold - TVC:GOLD - prepares a final rally: (click chart above to see the in depth analysis👆🏻) Over the past 12 months, Gold rallied more than +70%. However the past three months clearly rejected a major horizontal resistance. But price action on the smaller timeframe remains incredibly bullish. Therefore an all time high breakout will most likely follow. ...