The GBPUSD pair successfully violated a key daily support level and closed below it, last week. Upon retesting this level, the price rebounded and broke through a support line of an expanding rising wedge pattern. This suggests a strong likelihood of a continuation of the bearish trend. There is a high chance that the price will reach the 1.2106 level soon.
The iShares S&P 500 Value ETF seeks to find and track undervalued companies relative to those available in the universe of public companies. Technicals: Retracement to 61.8% weekly Engulfing Bullish pattern at support Confluence of horizontal support and fibs and market reaction uHd Weekly Snapshop: https://www.tradingview.com/x/vIwY966q/ Speculation: A repeat of the bull rally of Q4 2023 will occur in Q1-Q2 2025.
I am curious if more people are noticing similar patterns by multiple crypto's whereby the prices are moving probably in a corrective Elliot abc phase. Whereby in this case VET has a risk of a potential decline of -60%. BTC is not looking good either (see my BTC chart for further context). And see my charts for ETH, ADA and SOL. They are all showing the same patterns.
I am curious if more people are noticing similar patterns by multiple crypto's whereby the prices are moving probably in a corrective Elliot abc phase. Whereby in this case LINK has a risk of a potential decline of -60%. BTC is not looking good either (see my BTC chart for further context).
HSI has broken out of the descending daily trend line, and also found support at the 200. day EMA. With a potential bottom having formed, the first price target for the coming move up would be 21377 which price previously rejected twice from. Beyond that, price can target 22686, then 25048 which is the top of the golden pocket, being the 0.65 retracement of the entire move down from ATHs.
The fundamentals are in place for LNG to double. LNG is the premier Liquefied Natural Gas play in the space. I sold at $236 thinking that was all it could do. I was wrong and it continues to make new highs. The RSI on the daily right now is 87.67. We should get a pullback here somewhere to try this ride up again. Cheniere Energy, Inc. engages in liquefied natural gas (LNG) related businesses. It owns and operates LNG terminals, develops, constructs, and operates liquefaction projects near Corpus Christi, Texas, and at the Sabine Pass LNG terminal. The company was founded by Charif Souki in 1996 and is headquartered in Houston, TX. This is not investment advice, I'm just a village idiot that likes to think out loud.
I am curious if more people are noticing similar patterns by multiple crypto's whereby the prices are moving probably in a corrective Elliot abc phase. Whereby in this case SOL has a risk of a potential decline of -60%. BTC is not looking good either (see my BTC chart for further context).
I am curious if more people are noticing similar patterns by multiple crypto's whereby the prices are moving probably in a corrective Elliot abc phase. Whereby in this case ETH has a risk of a potential decline of -35%. BTC is not looking good either (see my BTC chart for further context).
The first target is the size of the largest side of the triangle. Are we in agreement soon?
I am curious if more people are noticing similar patterns by multiple crypto's whereby the prices are moving probably in a corrective Elliot abc phase. Whereby in this case ADA has a risk of a potential decline of -70%. BTC is not looking good either (see my BTC chart for further context).