NASDAQ:IBIT IBIT looks to be ready to get going into a new range in each chart. Setup multiple charts. Most popular Bitcoin ETF. Looks to be trending in favor of the most popular ETF with the proper amounts of exposure. NASDAQ:IBIT NYSE:BLK
As of today, the price of Bitcoin (BTC) has fallen by nearly 2% in a day, falling below $94,000, and the short-term correction pressure is significant. However, in the medium and long term, multiple factors still support the bull market trend of Bitcoin. Macroeconomic and policy environment: Expectations of the Fed's rate cut: The market generally expects that the rate cut cycle will start in the second half of 2024. The loose policy may drive funds into risky assets. Bitcoin, as "digital gold", has both safe-haven and risky asset attributes. Regulatory dynamics: The progress of the US SEC's approval of Bitcoin ETFs and the implementation of the EU MiCA Act have cleared obstacles for institutional participation, but may also cause short-term fluctuations due to policy tightening. -Support level: $90,000-92,000 (recent low and psychological barrier); if it falls below, it may trigger stop-loss orders and go down to $85,000. Resistance level: $98,000-100,000 (previous high and round number psychological barrier); after breaking through, it may challenge $105,000. Pattern signal: The daily level forms a "double top" prototype. If it is confirmed to fall below the neckline (US$92,000), it may trigger a deeper correction; on the contrary, if it stands at US$95,000, it is expected to continue the upward trend. Short-term strategy: Range operation: The current price is around $95,000. It is recommended to buy low and sell high in the range of $92,000-96,000. Long order: Enter the market around $92,000, stop loss at $89,500, target $96,000-98,000. Short order: Try shorting with a light position above $96,000, stop loss at $98,500, target $92,000-90,000. Breakout strategy: If it stands at $98,000, it can be chased to $102,000; if it falls below $90,000, it will be shorted to $85,000.
Looks interesting here. Double bottom? Earnings coming up, let's see if we can test 126 again. Marvell Technology, Inc. engages in the design, development, and sale of integrated circuits. Its products include data processing units, security solutions, automotive, coherent DSP, DCI optical modules, ethernet controllers, ethernet PHYs, ethernet switches, linear driver, PAM DSP, transimpedance amplifiers, fibre channel, HDD, SSD controller, storage accelerators, ASIC, and Marvell government solutions. It operates through the following geographical segments: United States, Singapore, Israel, India, China, and Others. The company was founded by Wei Li Dai and Pantas Sutardja in 1995 and is headquartered in Wilmington, DE.
This was second half of rotation move from NFLX today ( other half was AXON) Meets the 6 requirements too. Language learning is in :)
Am Dienstag nutzte unser Dax den Moment und macht mal einen kurzen Boxenstopp an der 22720 von der er sich wieder gut erholen konnte. Guten Morgen :) Marken mit Wichtigkeit und hoher Reaktionsfreundlichkeit für heute und die nächsten Tage sind meiner Meinung nach: 22930, 22800, 22600, 22420, 22100, 21800, 21670, 21510, 21420, 21360, 21230, 21060, 20880, 20730, 20480, 20360, 20205, 20120 Chartlage: positiv Tendenz: aufwärts Grundstimmung: positiv Zum Dienstag sollte nun noch die 22930 folgen von wo aus sich unser Dax auch mal wieder deutlicher eindrehen sollte. Würde er dort ein Übergewicht an roten Kerzen bringen, wären von oben kommend 22800 und 22720 schöne Anlaufpunkte, auch um sich nochmal wieder hochzudrehen. Sollte er sich aber einfach so weiter oben rausdrücken, bleiben in Trendrichtung 22980, 23032, 23100 und 23250 erreichbar. So die Zusammenfassung von gestern. Den Rücklauf auf die 22800 und 22720 brachte uns unser Dax nun zwar, ließ aber zuvor die 22920 oben aus. Somit fehlt uns ja dennoch oben die 22930 / 22980 oben noch, sodass wir am Mittwoch nochmal genauso herangehen können. Ich denke 22930 / 22980 wäre da nun ohne weiteres erreichbar und dreht er sich dort wieder runter, wären genauso wieder 22800 und 22720 anzupeilen um sich dann auch mal eine Schneise zu schlagen Richtung 22600 und tiefer. Sollte er aber keine Drehung in der 22930 / 22980 hinbekommen, wäre darüber weiter dem Trend Vorrang einzuräumen, was uns dann zur 23032, 23100 und 23250 noch führen könnte. Die Scheine bleiben gleich. Für Aufwärtsstrecken der GJ938A KO 20000 sowie PG70KW KO 18600 und für Abwärtsstrecken der MG510S KO 23920. Fazit: Unser Dax hat zum Dienstag zwar den Rücklaufbereich bei 22720 bedient, oben aber die 22930 ausgelassen. Somit würde ich den Bereich 22930 / 22980 einfach nochmal mitnehmen in den Mittwoch. Dreht er sich dort ein, sind dann sogar erneut 22800 und 22720 wieder als Rücklaufziel zu bestimmen, sogar mit der Option auf Verlängerung zur 22600 und 22500 dann im späteren Wochenverlauf. Kommt unser Dax oben aber ohne Probleme durch, sind dann die nächsten Marken in Trendrichtung bei 23032, 23100 und 23250 auszumachen.
I expect BTC dominance to break downward by May 19. I believe dominance will touch 64% and then decline. We are very close to ALTCOIN SEASON—buckle up and keep an eye on the chart! BOOOOMMM
Sometimes trend ends in a selling climax, meaning on a relative huge volumes. To my opinion it is clear only when the trading tool is rebounded later. So now, just a question mark ❓️ No investment or any other advice is here.
Hello my friend, thank you for reading. Your support is appreciated. Below I am sharing the full trade-numbers for my TRUMPUSDT leveraged trade. This is for experienced traders only. Use these numbers at your own risk. You are responsible for all your wins, gains and profits. I cannot be responsible if you make any money. It is your decision to either trade or not to trade. To read or not to read, to follow or not to follow. To eat or not to eat. To breathe or not to breathe. If you do good. That is up to you. If you lose any money, that is also your responsibility. I am sharing these numbers for learning and entertainment purposes only. It should be construed as financial advice. Leveraged trading is high risk and for adults only. Adults are responsible for their own actions. I am wishing you luck, wealth, health and success. ___ LONG TRUMPUSDT Leverage: 6X Entry levels: 1) $17.1 2) $15.2 3) $14.3 Targets: 1) $18.4 2) $20.2 3) $22.2 4) $24.1 5) $26.0 6) $28.8 7) $32.3 8) $36.1 9) $38.5 10) $42.3 11) $48.6 12) $53.6 13) $58.6 14) $64.3 15) $74.9 Stop-loss: Close weekly below $15 Potential profits: 2,142% ____ If you enjoy the content, feel free to follow. Thank you for reading. Namaste.
This is a personal investment based on personal analysis and beliefs. Will recommend as a low risk profit . Thank me later ?
SCHW to $86 by March 18th? Or flush under $79? Looks like it is bouncing on key levels looking left. Volume is lower than its 30D AVG. $81.80 is the level i will be watching to reject or push through. GL!