Netflix seems to be covering one of the worst crashes of 2022. The stock has been hammered down, in my opinion extensively. The company appears to be on the verge of turnaround thanks to an increased subscriber count. From a technical perspective, we can see ok looking bull flag pattern on the daily chart. What makes stock attractive is that fundamentals are...
GLOP seems to be trending upwards in overall bearish market momentum. The energy company has exceeded analyst expectations during earlier quarterly reports. We seem to be in an upward top position in the purchase flow for this particular stock. If the price stabilizes for a couple of days we may see a beautiful bull flag forming on the chart. This should be added...
Business media has raised its concerns regarding the stability of Tether USD. Personally, for me, it has been challenging to make an opinion is a Tether really going to continue its stability. What do you think, will Tether keep its status as the number one stable coin in the crypto market?
Bloomberg article: www.bloomberg.com
ETH trading close to ATH. Potential bull flag form can be recognized from the daily chart for a longer period. The overall crypto market development will decide is this emerging setup is for the biggest bull run ever, or if the price going to decrease from the key level. I expect cryptomarket to keep growing.
BNB is trading close to resistance level with multiple breakout attempts. If the price goes above the resistance level, bulls might get ahead with the price action and the price can increase exponentially. As always, when the price action is close to key levels, we have an increased risk for volatility. If a long position is taken when the resistance level is...
TSLA is moving stronger than ever. The trend is strong and movement seems to be stable upwards. Big BUY for this stock in the medium term. What do you think? Share in the comments!
BTC broke below 50 MA in the 4-hour candle chart as traders took profits after BTC hit all-time highs.
Soon coin can take its next bull run, targeting new ATH levels.
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Earnings send SNAP down.
I was still long on this in late July.
Not looking so bright at least now from a technical perspective for SNAP.
However, fundamentally I think this stock has a relatively bright future ahead.
Problems arise with valuation multiples, if SNAP does not start delivery of large profits soon, market value can decrease drastically....
Not typical, long & stable upward trend on the daily chart has been going on for a while.
Hard to predict when the price will correct downward, but it is likely that it will happen, sooner or later.
What do you think about oil? Will the trend continue?
Old saying in trading, "trend is your friend" probably works also this time. When the price corrects down, I would buy!
As the crypto market gets higher and higher Cardano has been settling low for the last few days. The pattern is growing slowly and the coin has potential upward breakout flag incoming.
Cryptomarket has just recently broken ATH levels and the trend seems to be stronger than ever. The risk for take-win transactions to start is alive but there seem to be no indications in the market for such activity. Traders are transferring money into crypto and "smart-money" sees every day more interest in the market. An example of this is recently launched...
On the 4-hour candle chart, BNB is still looking very strong. Key-level at 500 USD is on the verge of breaking. I believe if this critical level is broken, the trend can continue strongly upwards. Other cryptos look also very strong which indicates good vibes for BNB. Maybe we can see the breaking of the ATH before next year?
