Good Evening and I hope you are well. overall market comment Indexes - Pullbacks as expected. Markets are looking for the fair price and that’s why we get big down, big up. Slightly favoring the bulls to continue higher but just slightly. I wait for a breakout tomorrow. Bitcoin had a bullish day but look at the daily chart. It’s a small bull inside bar....
Good Evening and I hope you are well. wti crude oil comment: Trading range at the highs but bears printing bigger bars and they broke out of the bull channel that started 2 weeks ago. Measured move down would bring us to around the breakout retest price area 78.5 / 78.8. Bulls still want to break above 82 for 83/84 and test the bear trend lines again. current...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply zone: low-risk buy zone spanning from 2300.00 to 2398.00. Additionally, a buy zone between 2309.00-2307.00 (medium-risk), respectively, are highlighted. Things I Have Seen👀: Important Demand Zone🟢: Identified between 2300.00 and 2398.00 serving as a...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply zone (low-risk sell zone) spanning from 0.6693 to 0.6699. Additionally, one low-risk buy zone between 0.6581-0.6577, respectively, is highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between 0.6693 and 0.6699, serving as a low-risk...
BTCUSD has dipped of recent days after been range bound for several months. It has seen a lot of selling pressure over the last week, while the bears have had some control. However, bears haven't been strong enough and price has failed to break through a key support level around 60,5 that has kept this rally in strong bull territory. Mt Gox news should have...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (medium-risk sell zone) spanning from 197.950 to 197.730, respectively, are highlighted. Things I Have Seen👀: Medium-Risk Buy Zone🟠: Positioned between 197.950 and 197.730, suggesting another area with moderate risk for potential buying...
We have been watching SEI's bull market liquidity zone between $0.28-0.32. This is also in confluence with the 0.786 from its macro move. Sadly, We came within $0.01 of the liquidity zone meaning we missed the perfect retest from a chart perspective. Still, seeing us bounce and find liquidity wanting to front-run that level shows there is a lot of demand for SEI...
I give you two scenarios. 1 suggest that Bitcoin will top late 2026 🤩⚡☄️ the other says it will top later this year(2024)😲 1 is that we will top within the end of the year around 100k 2 is that we are in the super cycle, and this is just the first wave og 5. Data seems to point this direction. We shall see the wave structure and time to form this corrective...
GBPAUD - 24h expiry The medium term bias remains bearish. The sequence for trading is lower lows and highs. A higher correction is expected. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.9150. We look to Sell at 1.9150 (stop at 1.9200) Our profit targets will be 1.9030 and 1.9000 Resistance: 1.9150 / 1.9200 / 1.9250 Support:...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply zone (low-risk sell zone) spanning from 1.2726 to 1.2729. Additionally, one low-risk buy zone between 1.2547-1.2538, respectively, is highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between 1.2726 and 1.2729, serving as a low-risk...
We might see a double bottom pattern emerging on the BasedAI chart. It is important to see whether this upmove is supported by volume. Once the resistance breaks, a huge upward trend may potentially push the price to all-time highs. Disclaimer: The information provided here is for educational purposes only and does not constitute a buy or sell recommendation. I...
This company looks bad ass. I think it’s gonna be a really great long-term play truly undervalued. The chart looks pretty good. We just had a little bit of an up trend break however we had a nice pull back which we have not seen since this thing has been running. Now that we have seen our first pull back we’ve made a double bottom and we’re starting to break out...
As the UK approaches the July 4th general election, the Labour Party is set to end the Conservatives' 14-year rule. According to the latest BBC poll tracker, Labour leads by 20 points, with 41% of the vote, while the Conservatives hold 21%, and Reform UK is at 16%. Labour's pledge to improve EU relations could strengthen the pound by reducing Brexit-induced...
Natural Gas stock Bulls PEPPERSTONE:NATGAS Support & Resistance Guide AMEX:UNG Stock Forecast AMEX:USO Oil Stock Forecast TVC:DXY US dollar Stock Forecast Gold OANDA:XAUUSD Stock Forecast Silver OANDA:XAGUSD
Here based on our calculations we can conclude that there is a 93.8% chance that Arbitrum has found its low and these prices will not be revisited until the next bear market. If you take a look at the Coinbase chart, some institution or entity is heavily defending the $0.74 level. This level was first established as ARB's low on SEP 11 2023 (this was where...
The price of Gold dropped below the support line of a bearish flag pattern, indicating a potential sell-off As the support of the flag pattern, which was acting as a resistance line, was breached too. I anticipate a bearish trend continuation towards 1310/2300.
### Technical Analysis of Mercedes-Benz Group AG (MBG) #### Overview The chart shows the daily price movement of Mercedes-Benz Group AG, indicating significant technical levels and trends. Key aspects include the Fibonacci retracement levels, support and resistance lines, and trend lines. #### Fibonacci Retracement Levels The Fibonacci retracement levels are...
AAPL should test support just under $200 in coming two weeks before possibly printing a new ATH. The daily action has been pathetic since $220, not sure how anyone sees this as bullish. We had a low of $206 and change yesterday and seem to be making lower highs $221, $217, $214, $212, $211. I had $212.50 puts expiring friday, today I sold them and repurchased...