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Channelling

Houston, We Have a Problem!yes, we have a problem with this trendline... ...................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts
EURUSD | Perspective for the new week | Follow-up detailsAll eyes will be on the Non-farm payroll on Friday as investors want to know whether the Federal Reserve can create a “soft landing” while raising interest rates to combat inflation that has been running at four-decade highs. However, from a technical standpoint, the current market structure still screams "bearish". In this video, I shared my technical opinion on my expectation this week as I look forward to a potential decline for the Euro. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
Bitcoin - Textbook Elliott: Minor Degree Wave 4 Nears CompletionCompletion of a Minor degree wave 4 of the Intermediate degree wave 1 is imminent. A motive wave down for the Minute degree wave C should finish the flat correction. Since Minor degree wave 2 (ending early March 2020) was a zig zag, a flat correction should have been expected for wave 4 per the guideline of alternation. A Minor degree wave 5 accompanied by a decrease in volume should follow as we push into new all time highs near $140,000. Expanding volume in wave 5 would suggests an extension reaching into the $350,000 range. This point would mark the end of Intermediate degree wave 1 and would suggest a sharp zig zag correction will likely retrace 61.8% of all progress made between December 2018 and January 2022.
by EricIker
QTUM at its core (up and down at the same time...?)QTUM has been trading inside this channel since the market drop in May 2021. It is now trading near one of its support zones. Over the next few weeks, QTUM will approach its long-term resistance (black line) which it has tested and failed to break over the past few months. This has resulted in the pair trading below the 100 and 200 day MA. It is overall bearish in the short-term until it can prove otherwise. QTUM's long-term support is currently holding and this idea is that the price could rise and break out of its resistance pushing toward the top of the channel. However, if this support does not hold (most likely due to a breakdown in the price of BTC) it could test the second support at ~5.46 which may be an even stronger entry point with a good return. Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only! :)
by kush23456