xugina78

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we could see that it is rebounding from an overall downtrend market. And it's closed to the resistance area of previous lows, which shares the same level with the downtrend line, double confirmed the importance of this resistance area. So if it be rejected by this area, and start to showing sell signals like bearish engulfing pattern etc, the price may...

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Technical speaking, we have predicted that last week, the s&p 500 might started to rebound, since we've seen three to four bearish candles before trend reversal in the past pullbacks, and last week was the forth candle of this pullback. And it just moved as we've predicted. And for now, the price is still rebounding from overall bearish market. So this week,...

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On the macro level, the Bank of Japan says it won't raise rates when the market's unstable, which helped calm the market this morning. But rising tensions in the Middle East are making investors nervous. I think in these shaky times, it's smart to spread out your investments and focus on safer bets like healthcare, consumer goods, and utilities. You might also...

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You've ever had this happen? Bought a stock at rock bottom, and it starts to rise a bit, and then the J line turns down on the KDJ indicator, telling you to sell. So, you sell, but then it quickly shoots up, leaving you pretty blue. like you missed out on a fortune. Was the KDJ indicator down? Nope Hold tight, cause we're about to see a miracle. By just...

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You ever had this happen? Bought a stock at rock bottom, and it starts to rise a bit, and then the J line turns down on the KDJ indicator, telling you to sell. So, you sell, but then it quickly shoots up, leaving you pretty blue. like you missed out on a fortune. Was the KDJ indicator down? Nope Hold tight, cause we're about to see a miracle. By just tweaking...

xugina78

The price will start to rebound when it drops to the lower edge of bearish channel with long lower shadows candle. What's my target price for this rebound? i will take my first target at 58200 which shares the similar level with the high price of previous high volume candle, since high volume candle represent that many chips are bought in this area. do you...

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As we predicted yesterday, Bitcoin dropped to the support area of previous consolidation box, and be supported for a short-term callback. so it's a buy timing now? let's check 1h chart, we could see that the price is rebounding to the candlestick area with high volume, which represent strong resistance. Therefore, if the price can not break above this...

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On the macro front, the slowing labor market data has increased the likelihood of a rate cut. Currently, the market sees a 99.5% chance of a 50 basis point cut by the Fed in September. Some traders even believe there’s about a 60% chance of an emergency 25 basis point cut within the week. Technically, S&P 500 index has already broken below the downtrend line, and...

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As our prediction last week, the price move in a bearish market after a double top pattern formed. And the price now is getting close with the support area from previous consolidation box. If it drop below this support area, it may drop to 47000 this week. Make sure to hit that follow and boost button so you won't miss any updates.

xugina78 Updated 

From the daily chart of bitcusd, the price formed a double top pattern around the top are of this bearish channel. Comparing with previous tops, more drop followed after a double top pattern. therefore, it might continue to go bearish for short-term.

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Berkshire Hathaway, Buffett's company, released its 10-Q report on Saturday, revealing a massive reduction in its Apple holdings, down nearly 50%. This is likely to put some selling pressure on Apple. Now check the weekly chart of Berkshire Hathaway. It closed as a bearish engulfing candle last week, signaling the start of a pullback. So the price might...

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Last Friday, the U.S. July non-farm payroll report came in weak, raising the risk of a hard landing for the U.S. economy and triggering a massive wave of risk aversion. U.S. stocks tumbled, with the S&P 500 down 1.84%, losing 2.06% for the week. Technically, last week, we predicted that the S&P 500's downward trend wasn't finished, and so far, it's on track....

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As we mentioned 2 days before, Mcdonald has formed a trend reversal pattern after breaking above the consolidation area. I will set My first target resistance level at $277, which shares the similar level with previous highs and the long-term downtrend line.

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Meta shares jumped 7% after hours. This is because Meta's latest earnings report exceeded expectations across the board: revenue was $39.07 billion, up 22% year-over-year, and net profit was $13.465 billion, up 73%. Technical speaking, Meta stock price has broken below the uptrend line and then found support at the previous gap down candle with high trading...

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Boosted by positive news: the Federal Reserve kept interest rates unchanged on Wednesday. Fed Chair Jerome Powell stated that policymakers are closer to cutting rates and, if conditions are met, they might do so as early as the September meeting. This certainly reassured the market. The S&P 500 surged 1.58% yesterday, breaking through the downtrend line,...