Summary: The Reserve Bank of Australia only checked a couple of the boxes in its shift in the direction of tightening overnight, far short of where the market has priced the central bank to head with its policy rate in the coming year, but how much should the market care when it feels as though central bank guidance is loosing its sway? Elsewhere, rapidly...
Monthly Looking at our highest timeframe we can see when BTC formed its ATH followed by a higher low at $3,000. Only to be followed up with a lower high, confirming the monthly downtrend. BTC price action has since been in a descending triangle, until recently breaking out. Stochastic RSI shows momentum is in favor of the bears, even though price action looks...
Symbol: BTCUSD Hello, hope you all are having a good Easter! 😁 Today this will be my only analysis. On the top chart of the 30 min we have a break to the downside and a potential right shoulder in progress. On the bottom is the weekly chart and we are seeing some compression on a doji shift. We want to keep in mind of the shorter time setup for a potential...
We have warrants and convertible debt that may be converted into shares issued in the future, which would dilute your ownership in the Company On June 4, 2018, December 20, 2018, and March 12, 2019 the Company issued senior secured convertible note agreements with certain institutional investors in which, at any time while there is an outstanding balance, the...
Hi all, This is an update to the Short OGE Trading Plan, which is about Trading a Double Top Pullback. Update: Market has broken out below support level of 31.15 and closed on 02 June 2015 at 30.55. Since price has decided to break out below, the bearish momentum should carry price lower towards the profit target of 29.00. Shifting of Stop Loss to Break...
In this technical analysis of the NEAR/USDT daily chart, we will dissect the price movements, scrutinize the critical support and resistance levels, and delve into the insights offered by the MACD and RSI indicators. Key Observations: Current Price and Movement: NEAR/USDT is trading at $5.197, showing a decrease of 3.87% today. This movement suggests some...
Greetings Traders! Current Market Analysis: At present, GBPUSD is reacting to a strong institutional resistance point aligned with an M15 bearish order block. The strength of this order block is due to the inefficiency (liquidity void) preceding it. Additionally, this order block is in conjunction with an H4 breaker block, a significant institutional...
Near Protocol: Bullish Breakout or Bearish Signal? A Potential 37% Downturn Near Protocol (NEAR) has been a beacon of relative stability in the volatile cryptocurrency market of 2024. While other altcoins have plunged, NEAR has managed to hold its ground. However, a recent price movement has some analysts sounding the alarm, suggesting a potential 37% crash on...
CBOT: Micro 2-Year Yield ( CBOT_MINI:2YY1! ) and Micro 10-Year Yield ( CBOT_MINI:10Y1! ) The recent US inflation cycle started in June 2020. As the global pandemic interrupted the global supply chain, the prices of goods began to rise rapidly. In the following two years, the headline CPI shot up nearly nine percent to a 40-year high. The Federal Reserve initially...
Breakout from 38-day Moving Average (MA) Volatility: A breakout from the 38-day MA volatility suggests a potential shift in the short-term momentum of crude oil prices. This could indicate increased volatility and possibly a change in the prevailing trend. Resistance Levels: First Resistance: 86.82 Second Resistance: 83.75 These resistance levels remain relevant...
Alphabet Inc. (Class C) shares have displayed a notable trend and volatility that provide a rich ground for technical analysis. Based on a detailed examination of various technical indicators, candlestick patterns, and moving averages, this report aims to provide potential trading insights and speculative price targets for both short-term and long-term...
In a bold strategic maneuver, Salesforce.com ( NYSE:CRM ) finds itself at the precipice of a transformative acquisition, with reports emerging of advanced discussions to acquire data-management software powerhouse Informatica (INFA). As the rumor mill churns and investors brace for potential ripple effects, the landscape of cloud computing and artificial...
GU following our markups from way back at the start of this year, i am really liking the look of this markup along with its sister pair EU. Overall breakdown of this pair is for the weekly chart to produce a new low... we got this last week, following that structure bring made we now have to put in our weekly high to follow down again into a new low which again...
In Wednesday's European session, gold prices surged to $2,200, driven by multiple tailwinds that are reshaping the landscape for precious metals investors. The primary catalyst behind this uptick is the prevailing expectations for the Federal Reserve (Fed) to implement interest rate cuts starting from the June meeting. With market sentiment firmly pricing in the...
A coalition of tech giants spearheads a revolutionary effort to break Nvidia's stranglehold on AI development by targeting its software fortress. In the high-stakes arena of artificial intelligence, where innovation is the currency of power, Nvidia ( NASDAQ:NVDA ) has long reigned supreme. With a market cap soaring to $2.2 trillion, fueled by their cutting-edge...
Hello Trading View Community, From soaring to record highs to suddenly dropping over 10%, Bitcoin (BTC) has been full of surprises. Today, let's dive into this rollercoaster ride, exploring the twists and turns of Bitcoin's recent price movements and what might lie ahead. Bear Divergence in RSI and Price Action 📉 Our journey starts with a notable bear...
We closed onJan.2nd 2024 our short hedges, and now again all long bullish positions since 14th January 2021 are active. Question:Is Trend Following ,,BUY-and-Hold Strategy? A nswer:Noway. We are not Buy and Hold investor,we take advantages of the ups and downs of the maets. We seel short or buy long at any giveen tradable market, with high liquidity and...
The classical interpretation of the Head and Shoulders pattern involves identifying three peaks, with the middle peak (the head) being the highest, flanked by two lower peaks (shoulders) on either side, all followed by a neckline break. This break is typically viewed as a bearish signal. However, when a 'failed' Head and Shoulders pattern occurs – characterized...