Hello, BITSTAMP:BTCUSD remains above the 1M Pivot Point (PP), indicating strong bullish momentum as the price edges closer to the 100K mark once more. Currently, the 1M PP is being tested as support; if it holds, there is a higher likelihood of further upward movement. However, should the 1M PP break, sellers anticipate a significant price drop. While downside potential exists, the current trend favors continued bullish action, with further upside being the more plausible scenario. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
Since reaching its ATH on 17th Nov, GOAT has been moving downwards in the descending parallel channel in the daily chart. However, there are some signs of recovery: 1) MACD is still in the bear zone (below 0), however, the MACD lines clearly crossed and now pointing upwards; 2) RSI also still in the bear zone (below 50), but the lines clearly crossed and moving upwards; 3) Stochastic (9,3,3) formed positive divergence and has entered into the bull zone (above 50); 4) Weekly stochastic reached oversold territory, the lines have crossed (higher timeframe confirmation) 0.75 zone is a good area of entry for long (blue rectangular area in the chart), IF the price clearly breaks and closes above the channel, decisively moves above the closing price on Oct 26th, daily MACD enters the bull zone and ideally weekly stochastic are moving upwards. There are many IFs, but I think a long opportunity is coming.
#FTM has a bullish structure as you can see there's an M harmonic pattern in the market which can make it rise also demand zones made us 4 entry points ! Don't lose it !
SPX has formed a perfect head and shoulder pattern ready to be broken. I think there is a gap to be filled where small arrow is pointing. I think it will fill that gap this month. Of note there is also another gap at 5973, it is possible that it will fill it first then tanks
XRP - LongTerm (Spot) ? Entry Points From 2 to 3 $ Area Longterm Targets ? Target 1 : 4.5 Target 2 : 7 Target 3 : 11 It may take about 2years to reach 3rd target. Investment need patient ? So Don't be afraid if you even lose money in a short time. Always stick to your choices and victory is yours. Good Luck Have fun.
In my opinion there is a huge downside potential in NQ . If you look carefully most of the time NQ forms head and shoulder pattern. It has formed 2 lower lows. Yesterday we ended up right at the resistance. Now on Monday if we close above that resistance then i think bullish thesis remains but if we close below that then bearish position will work. In my opinion i remain bearish. Caution advised
Everything is on the chart Short term Retracement of 61.8% Please take profit @ 61.8% to have another opt to buy at that level Goodluck
--Jan 4th Daily Bullish Signals-- Momentum uptrend RSI Check w/uptrend MACD starting uptrend Fibinachi Retracement w/check at .886. Fibinachi retracement above .382 24HR volume up 36%/ GETTEX:48M 24HR market cap up 12% Futures Trading With leverage available on Weex.com No KYC. Available in U.S. https://support.weex.com/en/register?vipCode=654ox
NVDA has been the most popular stock past 2 years right now signs of weakness are present as evident by tow higher high from NOV high. Yesterday move was 4 percent which bring NVDA right to the resistance. I believe that yesterday move was a bull trap and not a true wedge breakout. I will be a seller at these levels ,, however with lost of events coming i will be buying hedge too
Slowly but steadily rising... If you're already in the trade, congratulations! If not, exercise caution and avoid hurrying... Sometimes, it's wiser to seek other opportunities rather than settling for a "halfway" trade... Take your time... You have the entire year to trade! ;) PS: printer-friendly "KISS" chart... and by the way, leverage of *10 on Binance is recommended...