? LucanInvestor's Strategy: ? Short: Below $610.08, targeting $600 and $586. The MACD shows neutral momentum, and failure to hold support may trigger a decline. ? Long: Above $632.94, aiming for $620 and $640. A breakout above resistance would confirm bullish momentum. ? LucanInvestor's Commands: ? Resistance: $632.94 — Key level to confirm a breakout and continued bullish trend. ? Support: $610.08 — Immediate support; breaking below could lead to a retest of $600. Meta (META) is consolidating just below resistance at $632.94, with MACD momentum remaining neutral. The price is above the 9-day EMA ($610.08) but struggling to gain bullish traction. A breakout above $632.94 is critical for continued upside. ? "Patience turns consolidation into opportunity." — LucanInvestor
My analysis for GOLD this week focuses on the continuation of the strong bullish trend. GOLD has shown impulsive movement and reacted perfectly to the demand zone I marked out last week. This reaction led to a break of structure to the upside, further confirming the bullish direction. Now, with new demand zones formed, I’ll be waiting for the price to retrace back to either the 1-hour or 3-hour demand zone before the next bullish rally. From there, I plan to buy up to the Asian high, which is positioned just above the nearest supply zone. Confluences for GOLD Buys: - Price reacted strongly off last week’s demand zone and remains bullish. - Both the short-term and long-term trends are bullish. - Price has broken structure to the upside again, confirming direction. - An Asian high above needs to be taken, providing a clear target. Note: If the price moves up first, I may consider a quick sell from the 1-hour supply zone. However, I’ll wait for additional confirmations before taking any counter-trend trades.
On going FIBonacci price targets of BTCUSD. 112,750 1st target, new all time high. Resistance likely @ previous 108k all time high. :: See chart for predictive price path. --- Mid - Late Feburary price price prediction. ::: Speculative assumption on current BTC price action. ::: ***Newest local low and price action suggest the new local low bottom with continuation to the up side. 108k should stabilize - followed by 112,750 new ATH target.
? LucanInvestor's Strategy: ? Short: Below $229.47, targeting $225 and $220. MACD remains bearish, and the price is below the 9-day EMA. ? Long: Above $236.07, aiming for $240 and $246. A recovery above the 9-day EMA could trigger renewed buying interest. ? LucanInvestor's Commands: ? Resistance: $236.07 — A key level for bulls to reclaim upward momentum. ? Support: $229.47 — Immediate support; breaking below this could intensify bearish pressure. Apple (AAPL) is trading under bearish pressure, with MACD indicating continued weakness and the price below the 9-day EMA ($236.07). Elevated selling volume supports the current downtrend. A sustained move above $236.07 is needed to signal a potential reversal. ? "Master the moment when the market tests your conviction." — LucanInvestor
Market is clearly bullish so when it hits the OB it will go back up near to the HH
Gala is about to experience a 100-200 sma cross on the 4 hour timeframe. This is also occuring as the coin attempts to break the down trend that has been in place since December 4th of last year. Gala is back to trading above its 50, 100 and 200 sma which is a good sign. RSI is 58 at time of publishing. Levels to watch are marked with green horizontal lines. The top most line is the 1.618 extension of the previous high swing low. Gala could gain as much as 12-30% in the coming days. Not financial advice. Do your own DD. Thanks for viewing the idea.
? LucanInvestor's Strategy: ? Short: Below $136.54, targeting $133 and $130. The MACD suggests bearish momentum may return if resistance holds. ? Long: Above $138.04, aiming for $145 and $150. Breaking above key resistance could confirm a bullish reversal. ? LucanInvestor's Commands: ? Resistance: $138.04 — A critical level for bulls to break to confirm upward momentum. ? Support: $136.54 — Immediate support; breaking below could signal bearish continuation. NVIDIA (NVDA) is trading near resistance at $138.04, with MACD showing early signs of stabilization but still slightly bearish. The price remains above the 9-day EMA ($136.54) but needs strong volume to break higher. Consolidation is likely if resistance holds. ? "Strength lies in persistence; every resistance is a new opportunity." — LucanInvestor
Sell high, buy low. Bearish megaphone. https://www.tradingview.com/chart/BTCUSD/DCP7Z15B-Sell-BTC/ https://www.tradingview.com/chart/BTCUSD/XFjxFmQZ-BTC-Dow-theory-Wyckoff/
Quoting P/E Ratio meaning: Investopedia " What Is the Price-to-Earnings (P/E) Ratio? The price-to-earnings (P/E) ratio measures a company's share price relative to its earnings per share (EPS). Often called the price or earnings multiple, the P/E ratio helps assess the relative value of a company's stock. It's handy for comparing a company's valuation against its historical performance, against other firms within its industry, or the overall market." end of quote
THORChain is neutral on its 1D technical outlook (RSI = 45.391, MACD = -0.566, ADX = 34.736) as it recovered the bearish action of Wednesday. That was straight after the price made a new HL at the bottom of the long term Channel Up. The 1D RSI is rebounding in the exact same way as the August 5th 2024 HL. We are bullish, aiming for the 0.618 Fibonacci level (TP = 5.8300). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##