1-hour chart, the stock EGX:MTIE is trading in a rising wedge. While this is a bearish chart pattern, we can trade between the support and resistance lines (7.60 - 8.00) for the next few weeks - or until breaking either boundaries. In case of: closing 3 hours below line S, the target will be 7.10 closing 3 hours above line R, the target will be 8.66 A near stop loss level should be considered.
this is a possible outcome for BINANCE:BTCUSD in the near future again using the elliott wave and gann fan i was able to find a possible outcome which is near 120k to 150k
Hello, traders Bitcoin’s price action has been relatively stagnant over the past couple of days, hovering around a key resistance region. The market is at a critical juncture where either more distribution is occurring or accumulation is taking place on the lower time frames. A key observation is that price has been consistently rejecting a dynamic SI resistance, forming consecutive lower highs. Each test of this resistance has resulted in rejection, reinforcing its significance. Currently, Bitcoin is trading right into this resistance, making it a pivotal level to watch. Key Levels to Watch • Dynamic SI Resistance: This level has dictated recent price action. Another rejection here could increase the probability of a bearish expansion toward the key swing low. • Key Swing Low: If Bitcoin sweeps this level and closes back above it, it would signal a swing failure pattern (SFP) and activate a potential Gardner formation (confirmation required). • Breakout Confirmation: For a bullish breakout to be valid, Bitcoin must breach the dynamic SI resistance with increasing volume. A low-volume break increases the probability of a false breakout. Volume & Market Sentiment Right now, Bitcoin is trading with low volume, suggesting indecision. A confirmed move in either direction requires an increase in volume. Until then, the price is likely to remain range-bound. Trading Outlook Bullish Scenario: A break above the dynamic resistance with strong volume could open the door for upside expansion.
### **EUR/USD: Bearish Momentum Persists Amid Macro Uncertainty** Key Technical Levels - Support: 1.07400 - Resistance: 1.085 Market Drivers ? Weak Eurozone Fundamentals – France-Germany yield spreads continue to widen, signaling further downside risks for the Euro. ? ECB Policy Outlook Chief Economist Philip Lane suggests potential monetary easing reinforcing a dovish stance. ? Geopolitical Risks – Uncertainty around potential tariff hikes from the U.S. could drive market volatility. ? **Strategic Approach:** Monitor key levels closely and align with market momentum.
Earnings. I have been bearish on this stock technically. Currently it is floating within the Bollinger Bands. Today (3/26) was pretty bearish on the market overall. I read that NFLX will be raising rates or creating alleged value within its ad tiers. I like commercials, so I'll keep watching them lol. Anyways... I just know that people will be affected by loss of jobs/income. NFLXing may not be top of mind for many. I also hear rumors of a stock split. That would be great. & if it happens, I'll still be looking for pullbacks. Will see how week and month close. Earnings 4/17. ***Side note... I remember when the original CD business launched during my college days. Oh how I wish that I was investor savy at the time. Sigh... Looking forward to earning some moolah on my trade ideas now.
The rally of the past two week on the ASX took a turn for the worse on Wednesday, on the warning (and official announcement) of Trump's 25% tariff on non-US cars. This has seen the ASX get caught in the negative sentiment on Wall Street. The daily chart shows that momentum has turned lower around a resistance cluster, including the December low, 38.2% Fibonacci ration and 20-day EMA. The daily RSI (2) reached a highly overbought level on Wednesday and now sits below 50, and the RSIK (14) has remained beneath 50 to show negative momentum overall. A bearish divergence also formed on the 4-hour RSI ahead of the selloff. The bias is for a move down to at least the 7930 area, a break beneath which brings the lows around 7850 into focus. Matt Simpson, Market Analyst at City Index and Forex.com
German FinTech firm NAGA has partnered with stock analysis platform TipRanks to integrate new research tools into its trading platform, giving retail users broader access to institutional-style data. The collaboration introduces features such as analyst forecasts, price targets, and investment recommendations, allowing NAGA’s users to track how hedge funds and fund managers are positioning themselves […]
Global brokerage giant Interactive Brokers has expanded its crypto lineup, adding Solana (SOL), Cardano (ADA), XRP, and Dogecoin (DOGE) to its trading platform.
It’s only been a day since ChatGPT’s new AI image generator went live, and social media feeds are already flooded with AI-generated memes in the style of Studio Ghibli, the cult-favorite Japanese animation studio behind blockbuster films such as “My Neighbor Totoro” and “Spirited Away.” In the last 24 hours, we’ve seen AI-generated images representing […]
Ich steige bei NVR, Inc. ein, da sich das bullishe Bat-Pattern bereits vollständig gebildet hat. Jetzt heißt es, den Markt laufen lassen und abwarten. Die Bau-Branche könnte von sinkenden Zinsen profitieren, was die Nachfrage nach Neubauten weiter antreiben könnte . Mein Einstieg: 7.013–7.705 USD Meine Zielzone: 10.060–11.076 USD Mein Stop-Loss: 6.814 USD