EUR/USD is now more than a couple hundred pips off of last week's low, which was marked by the Fibonacci level at the 1.0200 handle. The pair retains breakout potential and as of this writing, it's been higher-lows every day since that 1.0200 test a week and a half ago. The big zone overhead is the support that was sliced through in December and that can be tracked from the psychological level at 1.0500 up to the 1.0611 Fibonacci level, which is the 38.2% retracement of the same major move that produced the 23.6% marker at 1.0200. - js
Education purposes only: harmonic patterns. ABCD, reverse
MSTR is in news and buying up BTC at the top again with debt from retailers, I mean what could ever go wrong? Let's dive in to the downward channel and find out.....Yes, it looks like it broke the resistance line, but I think the Champagne effect of the new crypto friendly president is still in the bottle. Let's be patient and wait to see what happens. My sense is that it will drop like a ton of bricks and MSTZ (inverse) will rise like a falcon. If you want to make money in trading you can't think like everyone else (sheep).... Best of luck and always do your own due diligence!
Price near the trendline on daily time frame seems like support holds , and also my personal custom indicator below(which is the combination of a few standard technical indicators in different time frames, when there is a confluence of green circles forming a vertical line which indicates a long position same as vice versa for short position with red circles) also aligning with price action.
https://www.tradingview.com/x/9JeEfJ03/ ✅NZD_USD went up just as We expected but is now retesting A resistance custer of the falling And horizontal resistance lines Around 0.5690 from where We will be expecting a Local bearish correction SHORT? ✅Like and subscribe to never miss a new idea!✅
WE see a ZIGZAG correction forming on USDCHF, indicating possible strengthening on USD and them further USD weakining.
It used to be a fantastic company- They ruined it.... Douglas Elliman (DOUG) has faced significant challenges recently: Stock price decline: DOUG shares have dropped 26% in the past month and 34% over the last year1. The stock price tumbled to as low as $1 per share, risking delisting from the NYSE5. Consecutive losses: The company has reported eight consecutive quarterly losses. In Q3 2024, Douglas Elliman faced a net loss of $27.2 million. Market capitalization plunge: DOUG's market cap has fallen from over $900 million at its IPO to around $100 million. Underperformance: The company missed analyst expectations on unit growth, consolidated revenues, and adjusted EBITDA in Q2 2024. Industry challenges: High mortgage rates and limited listing inventory are weighing on productivity. Bearish sentiment: Current sentiment for DOUG stock is bearish, with the Fear & Greed Index showing 39 (Fear). Activist pressure: An investor has called for the removal of chairman and CEO Howard Lorber due to poor financial performance. Controversy: Sexual assault allegations have been made against two of the brokerage's former top agents. The business model is what is horrendous. it is predicated in routing clinest away from well connected agents and into a small group of prioritized teams. The problem with teams is that have no class nor clue, and it deviates from the old and tested, socially connected business. High End Lux Real estate is all about social connections. They have a male pon start there as their top guy... come one ...
Each Bull Cycle has its own parabolic trend that guides the trend to the new peak. In 2019-2021 that only broke during COVID (obviously) and then June 2021. It held throughout the majority of the Bull Cycle and gave the fairest exit possible. Right now, the altcoin market is closing in on the current parabolic curve. We are a few weeks tops before the next bullish wave on this curve, which will be this Cycle's Altseason. The time to invest in alts is running out.. Follow us, like the idea and leave a comment below!!
XRP looks to be forming a potential minor bearish divergence on the weekly chart. I still think that XRP has plenty of room to run, but we need the bullish momentum to continue in order to negate what could be a minor bearish divergence on the weekly chart. I'm not saying that it's definitely going to form, or that it will necessarily be bearish, but it has the potential to do so. This is something that we, as traders and investors, need to be aware of and take into consideration, depending on the trades you're considering. Just something to think about. Good luck, and always use a stop loss!
Telegram, the cryptosphere’s favorite messenger app, has announced it will use TON – an ecosystem originally incubated by Telegram itself – as the exclusive onchain solution for its mini apps. This means that any developer building within Telegram’s mini apps framework must integrate with TON’s blockchain, capitalizing on its speed, security, and user-friendly features. The […]