Bullish on ETH 🐂 Expecting a move towards $5,114.38 after or around January 2025. Strong fundamentals and recent development in ETF's are driving this positive outlook. I'm expecting price action to start move bullish in and around 2025, Dollar cost average ETH if the best bet.
Major breakout on the daily chat. I used textbook measurements to find the profit target and after is all said an done I'm getting a potential profit target of $2868.18 its moving slow but steady in towards its profit target.
Is Bitcoin having is first major breakout of 2024? Here we can clearly see a classic bullish triangle breaking out to the up side. When the triangle is measured to its center split and the profit target is calculated I'm getting $46138.06 before finding some resistance. Watch for a confirmed breakout pullback continuation pattern to the upside.
Is ALGO finally looking to break to the upside for the first time in 2024? its looking promising! A critical level for ALGO is around $.30 and I think we might be making a slow journey in that direction. Trading the breakout pull back continuation pattern to confirm direction and volume.
This is going to be a textbook Fibonacci retracement from a clearly exhausted rally back to 0.382. Keep an eye on this set up it will happen quick and continue on its upward macro trend. The high impact new coming out of japan will help the downward pressure to 0.382....a key natural level. This is not financial advice.
The Euro had a bit of a rally on Friday however the United states dollar showed sudden pressure on the Euro mid day during US session. This sideways action has formed a clear bearish diamond on the 4H / 240 time frame. Im expecting EUR/USD will test lower support levels next week. The favorable support is 1.1500, we shall see next week but keep an eye on this...
The EUR/USD is in a critical zone. The rejection and failure to reach 1.17600 with evidence of a multi price action test at the 1.16300 pivot level is a clear indication to me that if this pair wants to test a lower support level. Im looking forward to seeing this pair dive past 1.16300 and move its way to support at 1.15000. I have provided a general "Ghost...
TD sequential has counted 9 consecutive bars downward on the daily, this typically is indicating a retracement is about to take place. When measuring the highest high to the lowest low on the daily's down trend this becomes a textbook Fibonacci retracement to the 0.382 level. Further supporting evidence to support this theory is the rejection of the downward...
AUDCAD is at a unique level. When the market is unsure I tend to go back to the basics. Measuring this trend from the high to the low and snagging a quick trade to the 0.382 level is about as classic as it gets. This is a textbook fundamental trade, MACD (indicator on bottom) is telling me that the bears are losing steam and the price has the potential to reverse....
Beautiful harmonic bouncing on the SPY . This will be a classic breakout, pull back, continuation pattern. The 30,50,100 SMA's are wide and healthy regardless of the noise and hyper evaluations. The trend will defend but a correction is due... we all know it.
Yup. I learned this method from an institutional trader from the Moneyshow in vegas. Its a order flow strategy. H1 zoom out as far as possible, find the lowest low, then the next lowest high and it's following bottom to create the entry square. The trade happens when price pops in and out of that level twice.... the price target is double the highest high on the...
Im keeping my eye on this stock. Market cap is good! and PE ratio is on point. They spend $115 million in dividends making this extremely attractive. good revenue growth and profit growth. Current assets > Current liabilities = amazing Extremely good value and a very attractive price.
Classic double bottom. Let's see how the price action reacts to this classic fundamental pattern.
Wow you cant ignore the upward movement on FPI the 30 is crossing the 50 simple moving averages. Get ready for a nice little pop to the upside. As people invest more in classic assets I see FPI being a winner.