Thanks to STUPID TRUMP the downward trend continuesDo you agree with me that Trump is a narcissistic and crazy man who has decided to destroy the world economy, or is he discrediting powerful people and just lying
Arab
NEW ATH 80K This chart represents a technical analysis of Bitcoin (BTC) against Tether (USDT), showing price movement data for 2024. Below is a breakdown of key elements that support the hypothesis of a new all-time high (ATH) for BTC reaching 80K:
Fibonacci Retracement Levels: The chart uses Fibonacci retracement levels based on a previous high and low. The key Fibonacci levels plotted are:
0.236 (~80,918 USDT)
0.382 (~75,471 USDT)
0.5 (~71,069 USDT)
0.618 (~66,666 USDT)
These levels indicate potential support and resistance zones. A significant breakout above the 0.236 level around 80,918 USDT would suggest a strong upward momentum, supporting the idea of BTC reaching an ATH.
Trendline Analysis: A red ascending trendline shows a previous strong upward price movement earlier in 2024. This trendline could serve as future support, helping BTC continue its upward trend towards new highs.
Channel Pattern: A channel is plotted on the chart, showing a consolidation phase between March and September 2024. The breakout from this channel has pushed BTC upward, which often indicates the possibility of higher price levels.
Moving Averages: The red and pink lines on the chart likely represent different moving averages (perhaps 50-day and 200-day moving averages). These lines are currently supporting the upward price movement, adding further confidence to the bullish outlook.
Price Targets: The chart indicates that BTC's price currently sits around 62K USDT, and the chart is projecting a bullish breakout toward 80K USDT. The Fibonacci 0.236 level (~80,918 USDT) aligns closely with this price target.
Volume Analysis: The volume bars at the bottom show varying levels of trading activity, but no sharp drop in volume, indicating steady buying pressure that could push prices higher.
In conclusion, this chart analysis shows BTC breaking key resistance levels and potentially heading towards a new ATH around 80,918 USDT (or 80K). The technical indicators suggest strong bullish momentum, with Fibonacci levels providing a path for higher prices.
Saudi Arabian Oil Co / AramcoMarhaba
Saudi Arabia stocks were lower after the close on Sunday, as losses in the Cement, Hotels & Tourism and Energy & Utilities sectors led shares lower. at the close in Saudi Arabia, the Tadawul All Share lost 0.17%.the best performers of the session on the Tadawul All Share were Wafrah for Industry and Development Company SJSC (TADAWUL:2100), which rose 5.74% or 1.75 points to trade at 32.25 at the close. Meanwhile Aramco couldn't break 32.40 now heading to lower level 31.50,as you see we still in down trend, the biggest support level for Aramco is 30$ and I think its one of the good buy zones too
Crude oil for March delivery was unchanged 0.00% or 0.00 to $80.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.74% or 1.46 to hit $85.49 a barrel, while the February Gold Futures contract rose 1.29% or 24.55 to trade at $1,923.35 a troy ounce.
Emaar is now in a strong uptrendhello dear investors
I think inchallah, Emaar will continue it uptrend until 1st target=12.50 2d target=19.
Always think technically with ease: it will respect the corridor if breakout accure then you will unusually see highest levels.
Just keep buyning and not sell untill breakdown this corridor.
Remember that i am not having a cristal ball predicting markets movement but I try to be more rationnal .
Good luck
NB: if you see that i said something usefull ecncourage me in order to post more and more
7/2/24 recommendations9 recommended stocks for intraday trading based on 5 minutes timeframe.
you can challenge my analysis, and open to correct it
good luck
Huobi (HT.BTC)Marhaba
Huobi price today is $5.4 with a 24 hour trading volume of 18 million dollars. HT price is up 8% in the last 24 hours
4$ is a good zone for buy and long and 8$ is a time for taking profit and rewatch your positions and if you check Ht btc pair
you see the chart following the Sine pattern and 0.00023 was a time to buy or open a long positions. the next target will be 0.0005 btc
bear market is the best time to invest and build a real wealth
I think KWD still has a long way to go down ↘↘↘↘↘↘I think kwd still has a long way to go down and the direction of the chart will be down for a few months, great artwork.
USDCAD next MovementGuys AS we seen today that that CAD is strong due to "INTREST RATE DECISION" .their is no change in the intrest rate .USDCAD reaches its next strong support 1.35000 and it has more chances that it will rebound back from that point and again addpot the implusive momentum towards Buy direction.in case if its break 1.35000 than its next stop will be 1.3380
so guys Avoid trading at the Redzone i mention there.
for any Question you can ask me directly.
Salama Whats wrongThis stock is under pressure ever since it gave a big breakout at 0.530, it could not sustain the breakout and closing lower everyday. Interestingly it have reacted to a key support level at 0.500 which is also a psycological support area. It bounced from here and stayed here for 2 days in yesterdays closing it made green candle bouncing off the support area. The trend of this stock is UP for short term i am expecting it will make a high very soon breaking 0.530 very soon. I am bullish on this one i am in this trade also i may add more to it.
Hit like & follow
SAOUDI ARAMCO ON BUY LONGTHE START OF NEW UP TREND
SAOUDI ARAMCO NO MORE SELLING BECAUSE THE GOLDEN BOOK OF SELLERS ARE EMPTY
INSIDE INFO.
