ghostysellsdonkeys

ghostysellsdonkeys

Good morning, traders. Please note, this is Not Financial Advice (NFA) —always conduct your own research and risk management. 1. Technical Analysis We are currently observing the formation of a potential bearish pennant, with price action consolidating between converging trendlines. This formation appears to align closely with the Elliott Wave correction...

ghostysellsdonkeys

Technical Analysis: 1.) Elliott Wave 5-wave impulse is complete. 2.) RSI is overbought (typically >70 on most platforms) — this often signals a momentum slowdown and coming reversal. Thus, The Market is likely about to shift into corrective mode → A-B-C pullback, as you’ve sketched. Market Psychology: At Wave (5) + Overbought RSI, the psychology is...

ghostysellsdonkeys

Take this with a grain of salt. I am no expert, and this is not financial advice. Technical Analysis (TA): As we look at the hourly (1hr) timeframe, we can see a strong upward movement followed by a temporary consolidation creating a bullish pennant pattern suggesting a trend continuation. A conservative target puts us at around $3,350 per troy ounce of...

ghostysellsdonkeys

☕Good Morning Traders☕ We see the formation of a lovely bullish flag on the daily charts of BTC/USD, this bullish flag has a massive flag pole indicating that this can be the move to see Bitcoin reach $100,000 finally. As you can see by my analysis, we expect to see a pump in the price of Bitcoin by the middle of May leading into June. However, the $70,500 -...

ghostysellsdonkeys

Good morning Traders ☕️ As we saw with the BTC/USD and Forex market the same counts for gold, the market is uncertain. This is due to war, inflation and some other factors slowing the bulls down. GOLD is no exception to this, we could potentially see either a bullish or bearish out break coming very soon. This break out will hopefully be upwards and this could...

ghostysellsdonkeys

Good Morning Traders.☕️ As you can see there is a acending triangle formation on the 30 Min BTC/USD chart, as we all know the ascending triangle is both a bullish and bearish sign. Meaning that a break out up or down is possible with in the next 24 hours. Ideally traders will wait for a break out and a retest confirmation on the support / resistance line. In...

ghostysellsdonkeys

Exciting news for traders as a bullish Butterfly pattern emerges on NASDAQ 📊🔍. This pattern, known for its predictive power in forecasting bullish reversals 📈, suggests a potential uptrend in the market. The Butterfly pattern consists of specific Fibonacci ratios between price swings, indicating a strong probability of a bullish reversal. Traders are anticipating...

ghostysellsdonkeys

📈 Keep an eye on Natural Gas! 🦈 Potential SHARK Harmonic pattern spotted 📉 This pattern, known for signalling trend reversals 🔄, is gaining attention as it shows distinct Fibonacci ratios and price swings. If confirmed, it could mean significant price movements ahead. The pattern involves four key points: the initial impulse leg, a corrective retracement, an...

ghostysellsdonkeys

A potential bullish flag pattern has emerged on the BTC/USD chart, indicating a possible continuation of the upward trend in Bitcoin's price. The bullish flag pattern is characterized by a sharp upward move (the flagpole) followed by a period of consolidation or sideways movement, forming a rectangular flag-like shape. This consolidation phase represents a...