It looks that we are building a bottom after the broad spike 2-3 days ago. There is big volatility as the market is not yet aware whether the fallis over already. The more it is option expiration day today. Thus today is decisive whether we are able to close the spike which would be healthy. I think that we we settle down today to open higher on Monday when the otions will have expired.
ETHUSD TECHNICAL ANALYSIS Next move possible. Not financial advice.
If the last candle closes in a bearish breakout, %70 chance for a second leg down, if reverse, back to the previous high
I’m unsure whether this is the ideal time to buy or simply begin accumulating, but the company, which 3D prints custom fire-resistant concrete single-family homes, may finally have the opportunity it needs in Los Angeles. Local news has covered the mayor and ICON executives participating in photo ops and check giveaways to families displaced by recent fires. While the future remains uncertain, $200 seems like a reasonable round number (though if you can acquire the stock for less, even better). While I typically favor Elliott strategies, construction and LA politics are my primary focus during the day. Please note, this is not financial advice, and I recommend using a stop-loss strategy
Pepe is still bearish on its 1D technical outlook (RSI = 42.958, MACD = 0.000, ADX = 31.752) despite today's rise as the price remains close to the bottom of the 10 month Channel Up. Still, the 1D RSI just got oversold and immediately rebounded, which is what happened on the August 5th 2024 bottom that gave rise to the new bullish wave. Both prior bullish waves rose by +336.78%. A crossing over the 1D MA50 would be a validated signal but even now, buying is worth the Risk against the potential Reward, which is the +336.78% that we're targeting (TP = 0.000045). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
If the last 4h candle closes like a bearish breakout, 40% of a MTR.
Likely short into earnings. Targets are in the chart. Expected about
NYSE:SHOP is forming the second top with declining volume. If it failed to close above previous top, then it’s on the way of drop.
Another attempt to push above daily close around 106.2k failed. 104.8-105.5k LTF chop area to avoid. Looking likely to retest 102k and possibly bottom of range soon. CRYPTOCAP:BTC #bitcoin
This is for study purpose. Marked resistance levels.