by the admin | Sep 9, 2021 | Articles, Crypto, Dogecoin
Dogecoin trying to set a bottom. Tuesday spill led to a Wednesday doji, steps one and two of a morning star. There’s also some support context, taken from 14.4% Fibonacci retracement of the May-July sell-off. Bullish setup, targeting confluent resistance zone...
by the admin | Sep 9, 2021 | Articles, Stocks, Tesla
Tesla has come back to life over the past couple of months, along with everything else as the Fed has went out of their way to be uber dovish. Maybe that changes, maybe not, but the fervor that was in TSLA earlier in the year is there no longer. And prices are hitting...
by the admin | Sep 9, 2021 | Articles, Forex, GBP/JPY
GBP/JPY descending triangle formation, breakdown potential. Short positions can target 151.30, 151.00 and then 150.45. Optional is to look for big picture breakdown to and through 150.00
by the admin | Sep 9, 2021 | Articles, Bitcoin, Crypto
Bitcoin looks like it could have more down side. At the least, it has less evidence of bottoming than Doge or even Cardano. But if there is more downside, there’s a nice zone not too far away that makes longs attractive again. This is between Fibonacci levels at...
by the admin | Sep 8, 2021 | Apple, Articles, Stocks
Apple has been on a helluva run lately. My bull thesis here is that while the world ran into a chip shortage, apple became one of the most cutting edge producers of microprocessors. Of course, they’re going to keep most of their supply to feed into their...
by the admin | Sep 8, 2021 | Articles, EUR/JPY, EUR/USD, Forex
Tomorrow brings Lagarde and the ECB and about the only known thing here is that we’re going to hear about climate change. EUR/USD has had a harsh three-day correction after having run into resistance at 1.1900 last week. That’s now a double top and if...
by the admin | Sep 8, 2021 | Articles, Forex, USD
USD trend is up and support now based at 92.61. Look for the USD to run higher going into tomorrow’s ECB rate decision
by the admin | Sep 8, 2021 | Articles, Education
There’s a lot of ways to look at a market, but the vantage point that one is using will likely have some impact on their net results. Regardless of how one is approaching a market, the necessity of good levels is a constant. Levels help to define the context...
by the admin | Sep 8, 2021 | Articles, Cardano, Crypto
Cardano has pulled back hard with the rest of the crypto sphere, and prices are trying to balance support around the prior ath, ~2.4500 or so. I still think this is good for long-term holding, esp if we see continued run in the space.
