Any way you look at this, the chart looks insanely bullish. The moves it has made in the arch looks a mirror to what it done throughout the years prior and gives me the impression we should see some aggressive moves upwards in the coming weeks. We can dip outside the arch as it has done that before, but it doesn't change its path. Lets hope it finds the momentum and reaches the Fibonacci target which is sitting in the 120-130 zone. P.S: Funnily enough, this is the exact same pattern as SQ (XYZ) so I will be doing a copy and paste as the direction potential is the same.
? LONG BYBIT:VRUSDT.P from $0.011718 ? Stop Loss: $0.011470 ⏱ 1H Timeframe ⚡ Action Plan: ✅ BYBIT:VRUSDT.P price broke the resistance level and is consolidating above it, confirming a bullish scenario. ✅ The asset is trading above the POC (Point of Control) at $0.00862, indicating buyer dominance. ✅ Increasing volume on the breakout confirms the strength of the upward movement. ? Target TP Levels: ? TP 1: $0.012110 ? A breakout above $0.011718 will confirm the continuation of the uptrend. ? POC $0.00862 remains a key support zone. ? Rising volume at the breakout suggests a high probability of reaching target levels. ? Partial take-profit at TP1 ($0.012110) helps minimize risks in case of a pullback. ? BYBIT:VRUSDT.P continues its uptrend – watch for upward movement and secure profits at TP!
Any way you look at this, the chart looks insanely bullish. The moves it has made in the arch looks a mirror to what it done throughout the years prior and gives me the impression we should see some aggressive moves upwards in the coming weeks. We can dip outside the arch as it has done that before, but it doesn't change its path. Lets hope it finds the momentum and reaches the Fibonacci target which is sitting in the 120-130 zone. Alongside all of this, it's also testing a high volume level, so a bounce from here is more likely than not. P.S: Funnily enough, this is the exact same pattern as PYPL so I will be doing a copy and paste as the direction potential is the same.
If the recent mass layoffs and stock buy backs in the tech industry have not been a good indicator for you yet let this chart serve as one: NASDAQ:TQQQ is going down and it will be swift and soon. The triple qs is not only extremely extended but volume for the overall index is currently falling off a cliff, suggesting there is much lower buying interest than it really seems for this index which in the context of bond yields and money market returns rising makes sense. All I can further say is that retail inflows into the tech sector is at an all-time high as of last week's dip AND YET THE OVERALL BUYING VOLUME IS DECREASING simultaneously. That means it is extremely likely institutions en mass are tapering off investment and rotating out which will make the selling sooo much worse once it initially begins in earnest.
Gold may come down to 2800 and fight there 2770-2850, in early April we will see if it continues down, I think it will come back to fight for 2850-2950, and then see $3000, likely based on central bank policy and buying.
Supply Zone touched and because the trend is also a down trend
Hi traders, Let's keep it positive for Bitcoin. So it could be that the last drop was an impulsive wave of a bigger correction. I've updated the wave count. So now we could see a (corrective) move up again to the Daily FVG. Let's see what the market does and react. Trade idea: Wait for a sweep of the previous lows, a change in orderflow to bullish and a small correction down on a lower time frame to trade longs. If you want to learn more about trading ICT concepts with wave analysis, please make sure to follow me, give a boost or respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. If you don't agree, that's fine but I don't need to know it. Don't be emotional, just trade! Eduwave
It has been a rough week for Gold bulls. After reaching a new all-time high on Monday, Gold experienced a sharp sell-off, breaking multiple support levels—just as I highlighted in my recent analyses.
NASDAQ:NVDA the company imo is one of the best to own and if your plan is to hold it for the next approx 25+ years none of what Im about to say applies to you and you should keep it moving. For the rest of us looking for short term profits this stock is done. The RSI and MAc d and volume indicators are all turning from near all time highs and the masses are cvalling ofr another chip Super Stonk Rally. LOL. Get your money fast cuz this ship is going down a la Cisco in 01.
Hi traders, Last week XAUUSD slowly went up and dropped on Tuesday. I think this was the finish of an ending diagonal wave 5 (grey). I've adjusted the wave count. Next week we could see a correction up to the FVG's above and after that another drop. Let's see what price does and react. Trade idea: Wait for for a change in orderflow to bullish and a small correction down on an lower time frame to trade (intraday) longs to the FVG's above. If you want to see more from my analysis, please make sure to follow me, give a boost and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. If you don't agree, that's fine but I don't need to know it. I do not provide signals. Don't be emotional, just trade! Eduwave