Local top matched random line from 2020. Trend-based Fibonacci extension along with other trend lines indicate possible retracement to $55,000 or $52,000 before retesting $69,000 ATH. I think there is a low, but existent possibility of BTC dropping to the $40,000 resistance if there is some really bad news somewhere.
PLTR Huge wedge forming in PLTR's chart, but it looks like we're going to need one or two more bounces off the bottom of the wedge before we get the huge breakout.
PLTR breaking resistance at $27.50 Already broke down trend and now ready for big move up. Short term target at $32 (~18% upside) Personally, I'm holding for the long term.
TSLA has been compressing into a multi-year squeeze on the charts. Whether it's the global economy going into a rough patch, the uncertainty of the 2024 US presidential election, or multiple wars happening in the East there seem to be a lot of potential market forces possibly pushing high multiple stocks down for the near future. But Tesla as a company is on...
JMIA JMIA has already broken the downward wedge resistance and looks like it's doing one last dip before bouncing off the support and breaking out. Looks like at least 2x potential in the short term, but I'll be holding long term. Bought at $19
Looks like BTC will have a short dip at bottom of 2021 channel support/resistance before hitting a major intersection of multiple lines of support and bouncing up. MarketCipher 6h green dot (buy signal) has also been activated so there's a good chance, we've already bounced off the bottom of this dip. Big limit buy at $51,800 Of course, always possible for BTC...
BTC bounced straight off $53,000 on the 1min chart (supported by trend-based fib extension from last mini-cycle) and also created a support level at $54,000 with volume and fib retracement assuming high of $73,470 for next mini-cycle (estimated by price difference from previous ATH to the local low). MarketCipher 4h buy signal also activated. This has been a...
The 2021 support line is intersecting perfectly with the MarketCipher 4h buy signal. Will likely be the lowest low we have for a while.
BNB will probably dip a little bit but stay within its short-term trend. I think there's a good chance BNB will soon break out of its medium-term resistance considering the explosion of DEFI products being produced and some of them getting more mature (ie. PancakeSwap).
There's a good chance TSLA will dip on Q3 earnings despite record-breaking deliveries (as it does), but stock is also poised to break out of a wedge that's been building since the stock split. Battery Day was revolutionary (if you were paying attention) and even Wall Street analysts have been upgrading their short-term price targets recently.
BTC having a hard time breaking resistance of downward slope from previous ATH. Multiple lines of support converging at $53,300 bottom of 2021 channel resistance line broken through since ATH fib retracement support BTC will likely break multiple resistance lines this week making way for a huge breakout considering all the positive news that hasn't...
I see a different kind of squeeze happening in GameStonk.
Despite lowered Earn interest rates, Crypto.com still has a robust suite of industry-leading products in the cryptocurrency space. ie. soft-staking, fixed interest rates, multi-currency stablecoin support, credit card rewards, etc. The price has been dipping a bit, but it looks like it'll soon hit the medium term trendline and wedge up.