This is the chart most are interested in however i have acquired a negative view heading into the new year in regards to the price of BTC. I am optimistic in the long term but believe that BTC is playing out this triangle with a shortened 5th wave. A move like this has been seen in the past with BTC and im a believer in history/markets repeating themselves since...
The 225 has had a great year in 2023 breaking their longstanding decline. I am expecting a slight correction year for the start of the new year
A stock i feel has been underperforming in the Japanese market especially with the push of the Nikkei 225. A key area has been reached and a major divergence in regards to the RSI is present. The company's net income has dropped significantly in the past year so a these low prices are in my regards looking more dangerous than an opportunity.
Currently in a low lev swing on TRX Entry 1.048 Lev 10x TP 1: 1.0 TP 2: 0.05944
Niterra have a strong financials with a robust medium-long term management plan. The company is cash rich and consolidation in the market with the withdrawal of Dentsu. This is a key opportunity to pick this stock up at a low price as i believe the overall Nikkei 225 will have a slight pullback in the upcoming months
One prominent concept worth discussing is the fascinating history of gold as a financial asset. Gold's allure transcends centuries and civilizations, playing a pivotal role in economies globally. From the early days when gold was used as a direct means of trade, to its position in backing the value of national currencies, and now its respected status as a safe...
One prominent concept worth discussing is the fascinating history of gold as a financial asset. Gold's allure transcends centuries and civilizations, playing a pivotal role in economies globally. From the early days when gold was used as a direct means of trade, to its position in backing the value of national currencies, and now its respected status as a safe...
Bitcoin just moved out of the triangle while remaining in its channel Looking for a current B retracement then a further drop to the downside
Potential for a small BTC long here Looking for a C wave towards 43800 mark
Currently in a bullish triangle and looking for a C wave upwards Stop loss is going to be at 0.2 TP levels are based on the Fibonacci levels
SHIBA is currently in a bullish triangle makings its larger E wave down before pushing higher This is within the 4th (Retracement) wave of a higher timeframe impulse wave These are the key Fibonacci Price extension area Alongside this, we have the key past support and resistance areas which are shown with a red line
ETH is currently making its 4th wave down towards the 2950 area should hopefully see a bounce here for a 5th wave upwards The Fibonacci extension has been showing consistent support and resistance Alongside this, the dashed lines show larger timeframes Fib levels
Classic triangle play here as will needs to retest before going any higher BTC is currently at resistance so this may affect the play
RSI on weekly and daily showing major bullish signs large risk to reward potential here will go for a spot buy
A bearish triangle wave has formed on ADA which has just been broken There is a strong resistance point here however for ADA
The dollar and BTC have a direct correlation much like gold and the dollar An example of what might happen to the dollar Triangle broken will lead to testing of the channel
Luna looking weak on all market cipher timeframes Broke the bearish symmetrical triangle however has back up slightly Hopefully retest this area and reject Looking for the potential 5th wave of a correction here
A quick show of the Bitcoin key levels I believe we have to test 44k and make a higher lower or I am still bearish within the market