OpenAI on Monday published what it’s calling an “economic blueprint” for AI: a living document that lays out policies the company thinks it can build on with the U.S. government and its allies. The blueprint, which includes a forward from Chris Lehane, OpenAI’s VP of global affairs, asserts that the U.S. must act to attract […] © 2024 TechCrunch. All rights reserved. For personal use only.
The chart displays a bullish recovery following a significant downtrend, transitioning into an uptrend within a defined ascending channel. A symmetrical triangle breakout during the bearish phase marked the beginning of this upward movement. Key support is identified around $2,600, while resistance levels are at $2,697, aligned with the 100% Fibonacci projection, and $2,728, which corresponds to the 138.2% Fibonacci extension and acts as a potential exhaustion point. The psychological level of $2,700 plays a critical role as a resistance zone. The price is currently near the upper boundary of the ascending channel, suggesting possible resistance and a chance for consolidation or retracement. If the price breaks above $2,700, it could target $2,728 or higher, while a rejection might lead to a pullback toward the midline or lower boundary of the channel. The bullish momentum remains intact, and traders could consider entering on a breakout above $2,700 or on a retracement near the channel’s lower boundary. Targets lie at $2,728 or higher, with stops placed below the last swing low or channel support. This chart signals a strong bullish trend with critical action expected around the $2,700 level.
Hey there on 1HTF BTCUSD looking for bullish target continued 94k$ per ounce 1. Horizontally support for bearish pattern from 94000$ Bearish pattern could seems likely continued next target first 90000$ and 87000$ and then continued dip waterfall 82000$
S&P500 / SPX is trading inside a Falling Wedge since the November 19th low and today hit the pattern's bottom. This has coincided with the 4hour RSI hitting the 30.00 oversold limit. Every time this has take place, the price rebounded to at least its 0.786 Fibonacci and the 4hour MA200. This time the 0.786 Fib is very close to the top of the Falling Wedge but we can technically target the 4hour MA200 a little lower at 5950. Follow us, like the idea and leave a comment below!!
Stocks and crypto both down the last couple of days. BTC often levers the remainder of the cryptosphere up and down based on it's own direction. Very much like a teacher and a group of students. Most will do what they're told, but there will also sometimes be a couple of rogues that don't follow the pack. With regards to BTC, we could be looking at a head and shoulders top. We've seen a piercing of the neckline today, only to rebound back above it. I'd say that if we see a decisive open and close below the neckline on a 4HR timeframe (minimum) H&S will be confirmed and we'll be down to the long purple box where there lies good resistance. Fear not! This is normal, natural and if you're an investor don't go chopping and changing. Just enjoy your weel and look out for the next few posts where we could leverage a great buy back with some extra cash. So, if you're going to do anything - raise some capital to add in! Follow and share for more.
Been following BTC for a bit. It appears that it is on a downward channel, exp to break 90k soon and then the express elevator to 70kish. Unlike before there is more institutional pressure now which means that instead of dropping like a brick it will glide down (think of it like a dome) with a little more grace and take a whole lot of retailers to the dumpster, unfortunately and it pains me to say that! Best of luck!
Head and shoulders pattern in the process. We can trade the formation of the right arm
Lina Short Inverse Term Head and shoulders / recovery bounce
Bitcoin / BTCUSD is trading inside a Falling Wedge, which just made a new Low today. Every prior hit on its bottom trendline / support has been a buy signal. The December 20th and 23rd bottoms rebounded to Resistance A. The December 30th rose a bit more to the 0.618 Fibonacci level. As a result we can buy and target at least $95750 (Resistance A). See also how the 4hour RSI made a similar Double Bottom to December's. Follow us, like the idea and leave a comment below!!
Hey There on 1DTF USOIL continued rising there value daily basis 1. Horizontally support for bearish level is above 80 if the rejection is manipulate and touch there Supply zone we can see bearish pattern 2. Technically Support showing that USOIL will bullish pattern continued next there target 82 Hopefully we can see rising candle of USOIL daily basis Good luck??