basictradingtv

03:52

basictradingtv

Xrp ( CRYPTO:XRPUSD ) is creating another bullish triangle: Click chart above to see the detailed analysis👆🏻 Despite the recent rally of +300% on Xrp, this crypto coin is still totally bullish. However at the moment, Xrp is starting to reject a quite significant all time high resistance level. We could see another drop lower from here before bulls will take...

03:40

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Tesla ( NASDAQ:TSLA ) is finally creating an all time high: Click chart above to see the detailed analysis👆🏻 After waiting for over four years, Tesla finally created a new all time high and with that, Tesla is also starting the next major parabolic rally. The triangle breakout which happened a couple of months ago was just the required technical catalyst,...

03:28

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Binance Coin ( CRYPTO:BNBUSD ) is starting to break out: Click chart above to see the detailed analysis👆🏻 It really seems like the long term consolidation of more than three and half years is finally coming to an end on Binance Coin. We still have to wait for the monthly candle of December, but momentum is pretty strong and bulls are doing their best to...

03:23

basictradingtv

Bitcoin ( CRYPTO:BTCUSD ) is still totally bullish: Click chart above to see the detailed analysis👆🏻 Please just make sure, that you don't trust Bitcoin with its daily swings of more than -5%. Looking at the overall picture, Bitcoin is still incredibly bullish and almost trading at its all time high. Bulls are 100% in control of everything and some profit...

03:12

basictradingtv Updated 

Adobe ( NASDAQ:ADBE ) still remains in a bullish market: Click chart above to see the detailed analysis👆🏻 For more than four years, Adobe has actually been moving sideways, still digesting the crazy bullrun which we saw over the past decade. Looking at the symmetrical triangle pattern though, this is just a bullish consolidation, which will most likely end...

03:33

basictradingtv Updated 

Gold ( TVC:GOLD ) is starting to reject resistance: Click chart above to see the detailed analysis👆🏻 After rallying an incredible +35% during 2024, Gold is now (finally) starting to show some expected weakness at a major resistance trendline. Following this quite significant overextension, it is quite likely that we will see at least a short term bearish...

03:27

basictradingtv

Gold ( TVC:GOLD ) will create a massive correction: Click chart above to see the detailed analysis👆🏻 Gold rallied more than +70% over the past couple of months, basically without showing any real correction. Therefore it is no surprise that after retesting the channel resistance, Gold is now showing some weakness. It is quite likely that this is just the...

03:24

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Xrp ( CRYPTO:XRPUSD ) is sill just getting started: Click chart above to see the detailed analysis👆🏻 Xrp is so far perfectly following the repetition of cycles after we saw a beautiful breakout candle of November with an insane move of +280%. Looking at previous behaviour, it is now actually very likely that Xrp breaks the previous all time high and...

03:22

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Nasdaq ( TVC:NDQ ) is at a crucial breakout level: Click chart above to see the detailed analysis👆🏻 The Nasdaq rallied an incredible +25% over the past couple of months and is now actually also breaking a major resistance trendline towards the upside. This could still turn into a false breakout but if it doesn't, we will most likely see a flourishing stock...

03:31

basictradingtv

S&P500 ( TVC:SPX ) is about to break all resistance: Click chart above to see the detailed analysis👆🏻 Over the past couple of weeks, the S&P500 has been repeating the major breakout rally of 2021. Back then the S&P500 actually broke above the channel resistance and immediately rallied more than +15%. If we see the confirmed breakout, we will likely see the...

03:37

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Meta ( NASDAQ:META ) could actually break the resistance trendline: Click chart above to see the detailed analysis👆🏻 As we are speaking, Meta is actually retesting the major (and only) resistance trendline of the reverse triangle pattern. If we actually see the bullish breakout - which obviously has to then be confirmed - this triangle breakout could lead...

03:11

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Amazon ( NASDAQ:AMZN ) is creating a major breakout: Click chart above to see the detailed analysis👆🏻 With this monthly candle, Amazon is finally breaking above the previous all time highs and could therefore start the next major bullish cycle. After a 5 year consolidation, a confirmed breakout will lead to an unbelievable short squeeze, which could bring...

03:35

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Cardano ( CRYPTO:ADAUSD ) is perfectly following the break and retest: Click chart above to see the detailed analysis👆🏻 With an incredible +200% pump in November, Cardano is finally coming back to life after creating the bullish double bottom break and retest just a couple of months ago. Looking at previous cycles, this seems to be just the beginning of...

03:18

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Micron Technology ( NASDAQ:MU ) is retesting massive support: Click chart above to see the detailed analysis👆🏻 After we saw a test of the resistance trendline on Micron Technology a couple of months ago, it was quite likely that we will eventually retest the previous all time high. This structure is now acting as massive support and together with the rising...

03:14

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Google ( NASDAQ:GOOGL ) is preparing for a strong year 2025: Click chart above to see the detailed analysis👆🏻 So many confluences on Google are pointing to a strong year of 2025. First of all we have the resistance trendline breakout which we saw a couple of months ago and bears were also not able to significantly push price lower after we saw the retest of...

03:34

basictradingtv Updated 

Nvidia ( NASDAQ:NVDA ) can still rally another +40%: Click chart above to see the detailed analysis👆🏻 After rejecting the channel resistance in June, July and August of 2024 and correcting about -40%, buyers immediately stepped in and pushed Nvidia much higher. There is a quite high chance, that we will see a final blow off rally, squeezing out the last...

03:35

basictradingtv Updated 

Amd ( NASDAQ:AMD ) will soon retest massive previous support: Click chart above to see the detailed analysis👆🏻 After Amd perfectly retested the upper channel resistance about half a year ago, we saw a beautiful rejection and already a retest of the crucial horizontal support. Now, Amd is once again coming back to retest this support and another bullish...

03:49

basictradingtv Updated 

Dogecoin ( CRYPTO:DOGEUSD ) is still in its early stages: Click chart above to see the detailed analysis👆🏻 Although Dogecoin already rallied more than +350% after breaking out of the triangle pattern, this still just seems to be the beginning of the next major bullrun. A conservative approach would indicate a +9.000% rally, but the first primary target is...