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Trendpattern

Uptrend Resilience: Fib Bounce, Trendline Strength, and IntradayBitcoin Analysis: Hourly chart. The Bitcoin has been displaying a robust uptrend, marked by a bounce off the 38.2% Fibonacci retracement of the previous leg and a well-defined upward trendline. Bitcoin is currently in a clear uptrend, characterized by higher highs and higher lows. This bullish trajectory has been reinforced by a bounce off the 38.2% Fibonacci retracement level, showcasing the resilience of buyer interest at key technical levels. The recent retracement to the 38.2% Fibonacci level acted as a strategic support zone, attracting buyers back into the market. This bounce is indicative of the strength of the underlying bullish sentiment, as traders view the pullback as an opportunity to enter or add to long positions. Further contributing to the bullish narrative is the existence of a well-defined upward trendline. This trendline has been a reliable guide, providing structure to the upward movement and serving as an additional confirmation of the prevailing bullish momentum. In the ongoing hourly bar, a nuanced price action is unfolding. Despite a lower low and a lower high, the closing price is higher, suggesting a potential intrabar reversal or a dip in momentum. This development requires careful observation, and traders should await the closing confirmation for a more accurate assessment. Key Considerations for Traders: 1. Confirmation on Close: Traders should closely monitor the closing price of the current bar. A higher close could indicate a resilience of buying interest despite intrabar fluctuations. 2. Trendline Support: Keep an eye on the trendline support, as a breach might signal a shift in the prevailing trend. 3. Fibonacci Levels: Consider Fibonacci levels as potential support or resistance zones, especially in the context of the recent bounce off the 38.2% level. Volume Analysis: 4. Assess volume during this period to gauge the strength of the developing price action. Conclusion As the market navigates the current hourly bar, traders should exercise prudence and await closing confirmation to make informed decisions. The overall uptrend, reinforced by the Fibonacci bounce and the upward trendline, remains intact, and understanding the nuances of the current bar's price action is pivotal for strategic positioning in this dynamic market environment. Stay tuned for the closing confirmation, and may your trades align with the rhythm of this captivating market. Happy trading, and may the trends be ever in your favor!"
COINBASE:BTCUSDLong
by chartframe
Growth and High Short-FloatKey Positive Aspects and Company Growth 1. Stable Dividends: SL Green Realty Corp, the largest owner of office real estate in Manhattan, continues to pay monthly dividends, which is a positive signal for investors. 2. Strong Market Position: The company maintains a leading position in the Manhattan real estate market, as confirmed by the latest financial reports that exceeded analysts' expectations. 3. Active Development: SL Green is actively involved in development and investment projects, contributing to the strengthening of its portfolio and growth potential. Risks and Cautions 1. High Short-Float: An important factor is the high level of short float (over 20%), which may indicate a significant number of investors expecting a drop in stock price. This can lead to increased volatility and potential risks for long-term investors. 2. Market Volatility: Like any real estate market stocks, SL Green's stocks are subject to market volatility and may be sensitive to economic changes. 3. Mixed Analytical Ratings: Some analysts express caution regarding investing in SL Green, which requires additional analysis and assessment by investors.
NYSE:SLGLong
by olimchik
US 10Y : "FED vs MARKETS" (...who will win?)Hello Traders! The FED's monetary policy is not convincing the markets, but Powell seems very determined to meet his inflation targets. In near term, market seems to want to counter this hawkish monetary policy, but that could change going forward. In short term, yields remain at high levels and I don't exclude that this rally could continue for the last bullish impulse with wave 5 formation. Does this bullish pattern meet economic fundamentals over the medium term? ...What is your opinion? -------------------------------------------------- -------------------------------------------------- ...trade with care! 👍 If you think that my analysis is useful, please... "Like, Share and Comment" ...thank you! 💖 Cheers!
TVC:US10YLong
by TheAnonymousBanker
23
Trend Trading Strategy - Trend Continuation Master the Market Rhythm: Trend Continuation Strategy with Fibonacci Precision Ready to ride the market waves with confidence? This video unlocks the secrets of a powerful trend continuation strategy, designed to capture momentum and maximize gains. Here's what you'll discover: * Identifying the Trend: Learn to spot bullish (higher highs, higher lows) and bearish (lower highs, lower lows) trends like a seasoned pro. * Support & Resistance: Leverage key price levels where the market reverses, creating exploitable entry points. * Timeframe Harmony: Start from the bigger picture and zoom in, pinpointing the ideal entry zone on lower timeframes. * Fibonacci: Harness the power of the 61.8% retracement to identify high-probability trade zones within the trend's ebb and flow.
Education
by tradingwithanthony
Rising Star in Insurance: Kingstone Companies, Inc.Kingstone Companies, Inc. (NASDAQ: KINS), an insurance company offering policies to small and mid-sized businesses and individuals, has experienced a notable increase in its stock price over the past year. The company's stock has soared by 27% in the last three months and climbed 55% in the last year. Despite this surge, it's important to consider various aspects of the company's performance and market position before making investment decisions. Kingstone Companies operates in a competitive insurance industry and faces competition from several companies. However, it has managed to maintain a competitive position in the market. The company's profitability rank is moderate, with ROE, ROA, and ROIC figures suggesting profitability lower than the industry average. Nonetheless, the company has remained profitable for 7 out of the past 10 years. The company's growth rank also indicates a moderate growth rate, with a mixed record in terms of revenue and earnings per share growth over the past few years. This suggests that while the company has potential, its growth has been inconsistent. Kingstone Companies recently transitioned from making a loss to reporting a profit, which is a positive sign. However, the modest dividend yield might not be a significant factor in supporting the stock price. When evaluating the company's potential for investment, it is crucial to look beyond just the recent surge in stock price and consider the overall financial health and future prospects of the company. In conclusion, while Kingstone Companies Inc. has shown promising stock price performance recently, investors should carefully assess the company's financials, market position, and growth prospects before adding it to their portfolio. The recent increase in stock price could be an indicator of potential, but a thorough analysis of the company's overall performance and market dynamics is essential for making informed investment decisions.
NASDAQ:KINSLong
by olimchik
A Divergence Signal!The price candlestick indicates a divergence because the price moves in the direction opposite from the previous candlesticks. With volumes exceeding the MA line due to fresh buyer interest. The price channel is used to indicate lower trend line marks support. MACD and RSI indicators also indicated a divergence signal aligned with the price divergence towards the next price peak. Let's save GHLSYS in WL and watch out for price action toward the next price resistance which results in increasing volume due to strong and healthy. R 0.715 S 0.685
GLong
by eskopitehmilo
Where is Gold Heading??as we can see on the weekly timeframe, gold broke all time highs and fell right back below the previous highs marked with a horizontal ray. If gold starts moving back into 2060 region and above that ray, that could be an indicator that sellers arent strong enough to keep the price below and we may see another bullish run. however if the price remains below and sellers can withhold the buyers, a push back towards the 2000 region can be easily achievable
OANDA:XAUUSD
by opes_trading_group