I think this scenario is a probable possibility. Cardano could potentially be trading within this parallel ascending channel. The midline of the channel could be a good support for the continuation of the bull run, but first price needs to explode above the midline. If price rises to the top of this ascending channel, it means cardano will hit over 20 dollars a piece. As I have mentioned in the title, I haven’t analayzes anything. this is pure speculation. I have seen many ascending channels in crypto and I thought this could be one, but we will never know if this is an ascending channel if price never touches the top of the channel.
What we are about to see is what every ICP holder would expect, a huge return on this very special coin with an amazing project. And more i don't say... THIS IS NOT A FINANCIAL ADVICE, PLEASE INVEST AT YOUR OWN RISK
100 Million shares volume Continuous buying on every dip Multiple Buy Alerts sent out with explanation on why to buy and hold and which price to aim for into end of day Is there a single soul out there on this planet who haven't made a profit on NASDAQ:JTAI today? If you're the one you need help with trading! This one was way too easy, DM me asap to help you!
I get the point why TSLA became bullish in the past few days. RSI reset and people's expectation on AI and FSD technology. However, Tesla also needs to convince investors with growing revenue and earnings. With its sales tanking globally and its brand name becoming trashy due to Elon's strong far-right political position, I really don't see any upside for this stock in the next few months. I believe its uptrend is temporary, which was mainly caused by the need of RSI reset. Its long term potential is too far to see. I strongly doubt Robotaxi will be successful at this time, when FSD technology is far from being safe and reliable. Many Tesla car crashes have been reported that were caused by FSD. Check out the four lower highs it has made since December. And two lower lows that formed on January 2 and February 12. I think these LHs and LLs have confirmed the midterm trend of this stock. I highly doubt the current uptrend will make a HH. In other words, I doubt it will go above 420. I believe it will make another LL in March, around 275, before its next disappointing earnings report. With the current uptrend, 390 is at an area of confluence and a good LH to 420. Thanks for reading and I would love to hear your feedback. 2
We are currently approaching support, but I would like to go lower and long in the box below. My target would be new all time highs for a long term investment. The levels come from my proprietary fib pulls off yearly and monthly levels.
Hello traders! ‼️ This is my perspective on GOLD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. After price took buy side liquidity I expect to see continuation of retracement price to fill the imbalance lower and then to reject from bullish OB. Like, comment and subscribe to be in touch with my content!
We've been ranging for past 4 months, since Nov 2024. Are we in a Wycoff re-accumulation or distribution? If we are in re-accumulation, we could break above creek without taking out the lows. There is another scenario where we take out the lows at 89k, grab liquidity and form a spring. We want to see daily candles closing above the last lower highs of the creek formation. The other side of the coin is we are in a distribution event, we're going to pay very close attention the next time we head toward the top of the range, we want to see volume coming in and a break of all time high, if we get a rejection and begin closing below again, the probability of a distribution event increases. If we close any high time frame candles below the range low of 85k the probability increases that we fill the inefficiency at the 70k range. https://www.tradingview.com/x/T1QvlSbP/
✨ CRYPTOCAP:BTC Long Setup February 2025 | 4H | BTCUSDT Recent News: Czech Central Bank Explores Bitcoin Amid Cautions Over Crypto Risks Analyst Says Bitcoin Could Reach $100K in 1-2 Weeks, Trying to Create New Support. Bitcoin's price has recently bounced from a key support level, located just below the 78.6% retracement, which has been a focal point in the last few days. The price formed a local low and attempted a move to the upside. However, the bullish rally is still in its early stages, and the momentum seems too small to be considered a strong trend just yet. Currently, Bitcoin has failed to break the previous swing high from February 3rd, which is around $96,700. For the bulls to show strength, a break above this level is essential. While this move up could be a sign of things to come, the price action is not yet strong enough to confirm a substantial low. Crypto analyst Michael say Bitcoin and Ethereum in the coming weeks. He believes Bitcoin could reach $100K within 1-2 weeks, with the current consolidation phase offering a great entry point for investors. As Bitcoin holds at lower levels, van de Poppe sees it as a chance for a potential breakout. Market Implications The price area between GETTEX:89K and $57K may receive backing from institutional investors and ETFs yet a significant market fall below $57K would signal extended bearish trends. Long-term holders keep GETTEX:25K as their essential reference point for the market because previous market bottoms reached this exact value. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance any investment.
Sooner or later, many green candles will eventually turn into many red candles - see for example August 2020, etc. There are no one-way streets to growth in the stock market.
Fly Gold, fly gold!!! The golden bird ? Next target $3000/ounce