I am expecting a ‘complex correction’ of the Elliott Wave Theory, to complete the correction on Gold. So a 5 Sub-Wave pattern (A,B,C,D,E). This correction should push the price down towards $2,240 roughly. We can then look to start buying Gold again at cheaper prices. At the most extreme, if the bigger institutional firms want to really shake people out of buying Gold before it creates new high’s towards $3,200+, I would not rule out the possibility of price dropping towards $1,960 as an extreme target.
Alibaba Group Holdings Ltd. (BABA) displays a bullish recovery setup, with the price targeting the critical resistance level at $134.06, as indicated by the projection arrow. The strong accumulation zone between $85 and $105, highlighted by the volume profile, suggests significant buyer interest in this range, forming a solid base for the upward move. The recent price rebound aligns with a shift in momentum, as seen in the oscillator at the bottom, signaling increasing bullish strength. If the price sustains its momentum, the $134 resistance zone could be tested, representing a key psychological and technical level for further upside potential.
Will INTC hold its support. Based on the history it seems a strong support.
Hope you are doing great, we have an amazing selling opportunity coming up on gold. Where we can expect price to reverse for a massive 2000 pips. The overall view on gold market remain bearish since the us elections result came out in the market. So our view or bias remain the same. Good luck and trade safe.
I am long NASDAQ:GLPG on the channel breaks. I have about 1.5% of my account into this play but I will add as price continues lower.
CRYPTOCAP:ETH December 2020 x December 2024 ? #Ethereum is at the same price as +$500 in December 2020!
I am long NASDAQ:WBA on the channel break. Great value down here as the downtrend becomes weaker. With this being said, I expect lower prices which is why I am in with less the 1% of my account on the initial entry. I will scale up to 5% of my account if the buy signals present themselves as price goes lower
btc looks like a head and shoulders could be forming. if we break through lower resistance i am sure we will see a lower low across all coins.since this is an update we need more time to see if we break down but i wouldn't be surprised.as far on the in the bigger picture i am bullish and believe a correction would do us so good for the bigger picture.
Blackstone Inc. (BX) highlights a strong bullish structure, with the price targeting the key resistance zone at $256.10, as indicated by the arrow projection. The significant volume accumulation in the range of $90-$150, shown in the volume profile on the right, suggests robust buying interest and a strong foundation for the upward trend. The price is maintaining its trajectory well above the previous consolidation zones, reflecting buyer strength and momentum. Additionally, the lower momentum oscillator shows a positive divergence, reinforcing the possibility of continued price appreciation. With the trend supported by historical levels and strong volume, the stock appears well-positioned to test and potentially break through the $256 resistance.
#USDTDOMINANCE Triangle Breakout Confirmed! ? A potential move toward the 4.75% level could be on the horizon, which may result in a sharp decline for ALT coins. Avoid leverage trading and proceed with caution! DYOR, NFA