I follow 5 wave movements in most of my analysis because it gives a good idea about the direction of the movement. * What i share here is not an investment advice. Please do your own research before investing in any digital asset. * Never take my personal opinions as investment advice, you may lose all your money.
The absence of significant volume during potential pullbacks suggests limited downside risk. Buyers appear committed, which could cap any corrective moves.
Recent daily candles for GT have consistently closed bullish, reflecting buyer dominance. This sustained upward momentum supports the case for higher prices ahead.
GT has successfully broken above the descending resistance line, signaling a shift in market structure. This breakout often precedes further upside movement, reinforcing the bullish outlook.
Hello my flower friends. On the two-hour time frame, the Stochastic 100 indicator has shown sinusoidal fluctuations, and we can hope that this time it will move sinusoidally until overbought. Good luck.
The StochRSI on the weekly chart has formed a golden cross in the oversold zone, indicating a strong bullish reversal signal. This suggests upward momentum could continue, targeting $100.
The recent breakout above the descending resistance aligns with a Fibonacci extension level, providing a confluence of technical validation for the $100 target. Fibonacci retracements and extensions are widely used by traders to identify high-probability price movements. With GT now trading above this critical level, the path of least resistance points higher, supported by improving momentum indicators like the StochRSI. This confluence of technical factors creates a compelling risk-reward setup for bullish positions.
FenzoFx— The USD/CAD pair hit 1.4400 but lost momentum, pulling back from resistance. Technically, USD/CAD may dip toward the 50-period SMA near 1.4330 before resuming its uptrend. However, if USD/CAD drops below 1.4330, the bearish momentum may extend to the 1.4250 support, invalidating the bullish outlook.
GOOG at this value is hard to come by. From what I'm seeing, GOOG is undervalued and it has reached some support at its current level. BRB gonna feast on this treat while others fear.
The StochRSI golden cross in the oversold zone on the weekly chart is not just a technical signal—it often reflects institutional accumulation at extreme levels. Historically, such patterns have preceded sustained rallies as smart money enters during periods of panic selling. Combined with the breakout above the descending resistance line, this suggests professional buyers are positioning for a multi-week uptrend targeting $100. The key risk would be a sudden surge in volume on the downside, but current price action shows no such warning signs.