UNH is one of the best healthcare company and a prominent stock of dow. with recent sell off it is trading at same level as july 2024. with so oversold reading . It can easily run up 6 percent to 530. i am ready to cash this opportunity , are you?
Hi all given recent market sentiment, market makers are still buying BTC . Noting market makers have heavy influence over the market. They just want to take out simple liquidity and stop loss hunt retail traders. Nothing new here. When crypto drops quick, people panic sell which contributes to the price of something dropping (many other factors to consider in crypto, but this is at face value). When stop lost hunts occur, liquidation cascades do too, never try to catch a falling dagger. Just a quick expectation, it ranges, breaks pattern in the short timeframe due to a fkn random pump, after it absolutely pumps to the target zone, where I will look to enter shorts close to price indicated by purple verticle line at two whit lines above it (expect it can go a cent or two higher). Also, DCA entries, that's a smart idea, just don't leverage trade above what your capital allows. Chances are low you hit the lottery. Anyways, swing trade ongoing - doing well. take profits whenever, if anything is to note it is one of the many obvious risk mitigation strategies. If you're in a trade and have profits that are 2x, take the initial investment out keep the rest for TPs or let it run with a stop loss at a critical point still ensuring your are in profit. It'll be like a free trade at that point.
it can pump from here or poop some more. take it as you will.
Google has formed a perfect William o neil pattern with 6 month of consolidation. It broke its all time high recently on high volume and recent down movement gave ample time for bulls to load call. i think it is ready to break out. it is only mega cap that has not broken its july ath. I think 200-210 is possible next week
To identify a key pivot point for an altcoin season, let’s analyze Bitcoin Dominance (BTC.D) using the Monthly Chart, which provides a clearer overview of pivot levels and trends. Current Outlook on BTC Dominance Stochastic RSI Signals Bearish Momentum The Monthly Stochastic RSI turned bearish in November with a confirmed bearish crossover. This suggests a continued decline in BTC dominance and aligns with the larger market narrative of Bitcoin being in its final Wave 4 & 5 of the current cycle. Rejection at the 0.618 Fibonacci Level In November, BTC dominance rejected the 0.618 Fibonacci retracement level, a significant resistance point. A similar rejection occurred during the 2021 bull run, marking the peak in BTC.D and the shift of money pouring into Alt Coins. What Happened After the 2021 Rejection? After BTC.D rejected the 0.618 level in 2021: Bitcoin Continued Rising: Bitcoin’s price rallied as dominance declined. Altcoin Market Share Increased: This shift in dominance marked the beginning of Alt Season, with altcoins gaining significant market share. As BTC.D retraced to the 0.382 Fibonacci level, Bitcoin and dominance both consolidated and moved sideways. During this period, altcoins experienced exponential growth, with many hitting new highs. Where Are We Now? The current setup appears to mirror the 2021 scenario: BTC dominance rejected the 0.618 Fibonacci level in November. A decline in dominance is expected, leading to - 1) Bitcoin’s price increasing. 2) Bitcoin dominance decreasing, signaling the expansion of the altcoin market. What to Watch Next Key Consolidation Levels: BTC dominance could retrace to around 53.9% or lower, where consolidation is likely to occur. During this phase, the altcoin market is expected to expand further, with surging prices and new all-time highs. Altcoin Season Peak: A critical level to monitor is 47% dominance (0.618 Fibonacci level). Once BTC.D falls below this threshold, the market may approach the peak of altcoin season. At this stage, consider developing an exit strategy, as altcoins could be nearing their cycle highs. Conclusion The rejection at the 0.618 level and the bearish monthly Stochastic RSI suggest that Bitcoin dominance is poised to decline further. If history repeats, we could see a significant rally in altcoins while Bitcoin continues to rise. Monitoring BTC.D’s retracement to 53.9% or below and its potential fall through 47% will be crucial for identifying the peak of altcoin season and planning a timely exit.
nvda recently tested its long term support at 128 and bounced hard. Now there are lots of volume coming and it has breached its resistance of 135. I think it is going to run till 144 which is a strong resistance . i think it is possible that we see 144 on nvda
#Apecoin is looking very similar to #ponke. Given they are both #memecoins makes sense. They both got sold of hard. But now we have a breakout of the downtrend. Apecoin has now flipped resistance into support. It is forming an ugly sort of inverse head and shoulders with weak selling on the right should so now is the time to get long. Again the market is edgy so keep your stops tight. Price 1.135 Target is 1.38 or possible 22% non leverage returned Stop Loss 1.09 STO is 33 after touching 5 so surging up.
If it's assumed that Bitcoin is going to back test some prior highs from here, then it's of note that the halfway back is close to the end of intermediate 3, which seems a fair candidate for such a test. Of course it's by no means a done deal that minute degree 5 is complete, but if it were, this might be a count in play, implying an extended intermediate 5th. All speculative at this stage, of course. And not to forget the prior support around the 64k mark - that's also close to the 61.8%, so another level that could be tested.
If you follows my ideas market crash was predicted long time before. Now i think bulls are in control but bears are not out. I am expecting an end of year rally but till what point. i think a 80-100 point ripper is yet to come. after which we we have to see how market does depend on trump new policies.
BTC Dominance is moving in the pattern from last few days break this pattern can lead to fall. RSI support is broken below and on retest now. BTC.D is test 0.61 fib level and show weakness also we have seen outflow in BTC ETF but adoption of BTC is a big question here this bull run will be different than before will see.