Tesla Monthly Analysis stills shows bullish. Demand should step in between 271-291. If demand steps in, look for a BOS/CHOCH/reversal on a lower timeframe.
Hi fellow traders, ETHUSDT will be ready to make a move higher from the blue box after it completes the flag correction in ABC formation. Target will be 3429.75. Good luck and trade safe!
Ethereum ( CRYPTO:ETHUSD ) is weak but testing strong support: https://www.tradingview.com/x/Wn1gMUmC/ Click chart above to see the detailed analysis?? The entire crypto market is currently not able to stop the bleeding and also Ethereum just dropped another -20% over the past three days. It might seem like a horrible scenario but overall Ethereum is still in a bullish market. Just watch the final confluence of support now. Levels to watch: $2.000, $4.000 Keep your long term vision, Philip (BasicTrading)
Hi fellow traders, BTCUSD will be ready to make a move higher from the blue box after it completes the expanding flat pattern in a WXY formation. Target will be 113604.87 USD. Good luck and trade safe!
Because of the price structure for the last two training sessions in the S&P 500 daily chart a sideways move is expected for Thursday price action. Thursday’s structure will set up the PCE announcement on Friday.
Republican Ashley Moody recently dropped $200k-$500k on Applied Materials $NASDAQ:AMAT. The semiconductor boom may not be over... Price-to-earnings: 21.68x (great in comparison to others...) Debt-to-equity: 0.34x (low) Cash flow: $10.4 billion (FY2024) Insiders awarded options recently Unless NASDAQ:NVDA brings the market down, NASDAQ:AMAT is in a personal buy zone at $169.75. While the price may dip in the near-term to the $140s, bullish until the semi boom dies... Targets: $195.00 $215.00 $240.00
If we push passed here, were pretty cooked but were reaching a very strong support and just had a big volume spike so im bidding.
I just now opened a short on IMX. This a big one. First tp point is 6RR at $0.634 Last target is roughly 12 RR at $0.56 It had a big drop but then correctly very strongly now I think its about to continue down to make new lows especially since btc breaking down and is currently looking like it will retest 74k area. Time sensitive if anyone reading who want to follow along. Trade is in alignment with the trend and entry was taken at next potential lower high point so not expecting any major drawdown, Its either it goes in my favor or get stopped really quickly.
Currently downtrending, however price has slowed and cannot break support. price is in a consolidation phase showing uncertainty, pair this with a bullish divergence, means theres a potential trend change incoming. if price can break my trend line then i have faith this trade can go parabolic. Lets see how it plays out.
Trading is hard and it’s not something you can expect to get good at overnight. So if you’re serious about becoming a master of making money on the markets, you’re going to need some top-level schooling.