Xi was seen toning down his foreign policy hawkishness, perhaps between AI and this we manage to fight back against the potentially inflationary dynamics of #reshoring and #protectionism in America. If so, #globalization remains in place, which was the higher probability outcome, a scare but the status quo remains when it comes to VERY large structures or systems...
#Gold will flash a weekly signal soon, 'reversing' the recent decline: 🤑🪙🥇 Monthly and quarterly had turned bullish, but weekly and daily didn't get time to fully confirm reversals before (made me think higher timeframe traders were in control) Best of luck! Cheers, Ivan Labrie.
Tencent Music Entertainment Group (NYSE: TME) recently reported strong financial performance, with notable increases in revenue and net profit. The company's diversified business model, spanning online music subscriptions, social entertainment, and live-streaming, contributed to its success. Tencent Music's focus on user engagement and monetization, particularly...
Is the Pound reversing the uptrend here?🤔 Seems like an interesting low risk entry, to go short today on close, risking a move over 1.2933...🤞 Best of luck!📉
Interesting setup forming in Ethereum, BITSTAMP:ETHBTC had been bearish for a while since the monthly trend turned down in it... Makes you wonder if the trend will reverse after this bottom pattern formed. We already had one big push with the ETF news, and the chart suggests a 2nd bullish swing is forming (short/mid term). I do hold some exposure to it, but my...
Polygon, as an Ethereum scaling solution, addresses scalability challenges by offering a Layer 2 scaling solution. It enhances Ethereum's throughput and reduces transaction fees by enabling faster and more cost-effective transactions. Polygon achieves this through its sidechain architecture, allowing decentralized applications (DApps) to operate efficiently...
Market cap chart helps figure out the pattern in #Chainlink here... We can see the monthly trend already kicked in 2 months ago, which sadly I was not aware of at the time (only heard of the SWIFT news recently, it would have been a good entry, but at the time I didn't have more certainty from #Bitcoin itself, as to think about getting #Altcoin...
Telegram Open Network has a low risk buy signal here, in both the weekly and monthly timeframes, right on the heels of the network achieving a milestone of having the fastest transactions across the board. (security is always a concern, but I keep an open mind) Toncoin is a cryptocurrency that runs on the TON blockchain, which was originally created by Telegram...
A breakout here would be a low risk buy entry during today... Keep an eye out for this one. Best of luck! Cheers, Ivan Labrie.
$ZW_F looks like a possible trend reversal in weekly scale, taking place after holding long term support from where the previous huge rally took off... Certainly an interesting reward to risk vs probability of success here. Your risk is a meager 88 ticks to make between 188 and 497 ticks if the setup works. Best of luck! Cheers, Ivan Labrie.
Lennar Corporation offers a lofty reward to risk ratio if you go long here and aim for $220 by 2025 give or take. The long term trend kicked in this month, a continuation signal in an existing uptrend that formed in December 2022. Best of luck! Cheers, Ivan Labrie.
Long term trend has turned bullish in the Total Crypto Market Cap chart... I had been waiting for this possibility since last month we had the bullish reversal in monthly scale, warning of the start of a bullish cycle in crypto once again.🎯🎯🎯 This is a great time to follow me here and on X as well as my other channels available. As you know, I have a solid track...
BINANCE:GRTUSDT has a huge monthly uptrend signal that could trigger if the daily trend that is active on close today, hits the target... This allows you to enter a trade with a stop under the future monthly signal stop, and in advance of the long term signal confirming. Of course, the signal could fail, but if it works, reward to risk is substantial. Best of...
Nice short term trade in BNB setting up, will fully confirm on close today, but if it moves over 237 during the day you can just buy right away... Close half at target #1, hold the rest with a break even stop after closing half. Best of luck! Cheers, Ivan Labrie.
Today I decided to update my long term chart for Tesla Motors. NASDAQ:TSLA is one stock that has done really well with Time@Mode signals, basically in every timeframe, for as long as I've been following it (since @timwest introduced me to it in 2015) The quarterly uptrend expired end of June this year, which suggests that price action will be choppy for...
AMEX:IWM : Down trend here points to a move that can wipe out the entire uptrend since the COVID bottom. Signal confirms tomorrow on close, valid while below the area where distribution happened (the area with the highest trading activity while sideways before breaking down) 🚨🚨🚨 Best of luck, stay safe out there. Cheers? Ivan Labrie.
Looks like Ethereum has a lot of downside potential in the ratio vs Bitcoin here... It's been underperforming massively for a good while, ever since it peaked back in 2021, after the 'deflationary asset' bubble combined with NFTs and whatnot, it: broke under the uptrend inside trendline (a less obvious support level you obtain from plotting a trend line from...
I'm short $ZM since earlier today, I believe it has peaked here. Investors are likely to take profits now that competition has increased dramatically for them. They thrived when the world was locked down due to the threat of COVID-19, but now that vaccines will be widely available and distributed globally very soon, holding shares has become extremely risky. I'd...