DAX (GER30) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 19,126.47 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 19,000.00 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is...
Overview: Which would you prefer to hear first? Let’s start with the good news: the AMEX:SPY has updated its all-time high. If you have a 401k or any other pension fund, you’re likely seeing gains. Also, it's hard to argue that a recession is looming when the stock market is booming. Now for the bad news: crypto is down. Normally, this wouldn’t be alarming,...
I posted my analysis and chart with Gamma peaks and updated it every few days, today I saw I had several more boosts to the idea so I was going to update it and.... its just gone, totally deleted. Ill post this again, Thanks for the support and good luck!!!
Aptos shows bullish price divergence with RSI, so I'm taking a long position.
Hi traders We have an Engulf above of chart. It's sign of market direction. In this time specified flag can hold price
here my analysis for pair eurusd with support and resistand COPTAH.
Hi everyone, I think BTC has reached that zone, and now I will buy again until 65,000.
SHIB/USDT is in a downward channel. The price may face resistance at 0.00001739 and is likely to continue falling towards 0.00001640. Strategy: Sell near 0.00001739, targeting 0.00001640. Stop Loss above the channel to minimize risk if it breaks out. Keep an eye on the channel for any potential reversal!
Price was in a strong uptrend, however a matured bearish divergence on four hourly time frame seems to be at play here as previous higher low is successfully broken. If the bears continue to asset their dominance then we can expect a bearish rally as per Dow theory. Targets are mentioned on the chart.
Do Japanese stocks have room for move upside? It has been one of the best-performing markets since COVID. And what is the key reason for this rally? A falling Yen. Where is the Yen heading and do the Japanese stocks have room for more upside? Nikkei (JPY) Futures Ticker: NIY Minimum fluctuation: 5.00 index points = ¥2500 Disclaimer: • What...
On the above 5-day chart price action has corrected 80% since last November. Now is an excellent moment to consider a long trade. Why? 1) Price action and RSI resistance breakouts. 2) Trend reversal. 3) Support on past resistance. 4) The bull flag confirmation. 2nd 500% impulse wave from here. Is it possible price action corrects further? Sure Is it...
Bitcoin has made a nice rejection from local EMAs, which is rather a small movement but a strong one, as we can see. Sellers have fully broken the zone of EMAs where we might see a possible re-test of those broken zones. Overall, currently the first play to lower target zone seems more and more optimal so eyes on EMA now!! Swallow Team
In the weekly Ethereum chart above, several indicators suggest ETH could be approaching a significant support zone, potentially leading to a reversal: The MACD is nearing a potential bullish crossover. This is typically seen as a signal that the downtrend could be losing strength and that buyers might step in soon. A confirmed crossover would likely lead to a...
GBP/USD trades with a mild positive bias but stays below 1.3100 in the European trading hours on Thursday. The pair benefits from a pause in the US Dollar uptrend, although lacks conviction, amid cautious markets, ahead of the key US CPI inflation data release.
GBPCHF - short term, it´s a long/buy !!! Price is moving inside a rising wedge type of pattern. - long term, we should be looking for a reversal and stronger CHF against the pound. I´ll post another chart for the higher time frame analysis
Review of previous supports to anticipate on Bitcoin dominance, beware we may have reached a peak here with a second lower top and a loss of strength for Bitcoin; Bitcoin dominates in the long term thanks to a very long bullish trend, but be careful, we might be at the beginning of alt season!