U.Today - The wheels of a global financial crash, says Robert Kiyosaki, are already in motion. It is no longer distant speculation but, as he describes, a reality unfolding across...
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(Updated - December 23, 2024 8:51 AM EST) As previously disclosed, on October 30, 2024, Microstrategy, Inc. (NASDAQ:MSTR) entered into a Sales Agreement (the “Sales Agreement”)...
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Switch the Market flag for targeted data from your country of choice. Open the menu …
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Australia’s police has confiscated $6.4 million in cryptocurrency as part of a global crackdown on …
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Hey everyone, below is an analysis on NYSE:BABA using MACD, RSI, Fibonacci levels and technical (gap) levels. Current Price Levels: NYSE:BABA is trading around $89.35, down significantly (~26%) from its October 7 high of $117.82. A notable gap between $85 and $86.95 suggests this is a key level of interest for potential support or further downside risk. Momentum Indicators: MACD: Shows signs of curling upward, which could indicate momentum shifting toward bullish sentiment. RSI: Currently not oversold (at 36), but still in a relatively low range, suggesting there is room for price recovery. Technical Levels: Gaps and Fibonacci retracements are marked as potential resistance and support zones: Gap resistance levels: $93.33-$95.05 and $96.80-$99.18. Higher resistance levels around $104.41 (gap from October 15) and $117.82 (October high). Previous daily high at $89.50 could act as near-term resistance. Fibonacci Levels: The chart includes a retracement from the October high ($117.82) to recent lows, with levels such as 0.236 ($90.29), 0.5 ($102.53), and 0.786 ($111.27) potentially serving as resistance on any upward move. Feedback and Outlook: Support and Resistance Analysis: Support: The gap zone between $85-$86.95 may provide a strong base if selling pressure continues. A break below $85 could indicate further downside. Resistance: Short-term resistance is seen at $90.29 (0.236 Fib level) and $93.33-$95.05 (gap resistance). These levels will likely be tested if buying pressure builds. Gaps to Be Filled: If the price begins to recover, the first upside target would be filling the $93.33-$95.05 gap. This aligns with Fibonacci retracement levels and may act as strong resistance. Outlook: Bullish Case: If momentum continues to build, expect a recovery toward the $93-$95 range, with further potential to reach $102 (50% retracement). This would require breaking above immediate resistance at $90.29. Bearish Case: If the current support at $85 fails, further downside to test levels around $80 or lower is possible. Final Thoughts: The chart suggests a cautious bullish outlook in the short term, especially if the $85 support holds. Watch for price action and volume around the resistance zones to confirm whether this is a dead-cat bounce or a true reversal. Currently in NYSE:BABA 1/17/25 $100c (BOT @ $1.73).
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Is this break out real? Paytience Pays as noted with SMCI today... I do like the "somewhat" inverse head n shoulder base, but its definitely not NEAR as clean as the CVNA Post IPO Phase Base seen here; This can be a "sympathy" play ie; highly correlated movement, with $DJT... I like this look with the hype currently building... Great things take time... Don't get chopped to bits before the real move/meat comes. Just some post boring market day #Thots
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By Hannah Lang (Reuters) - The cryptocurrency industry is pushing President-elect Donald Trump's team to kick start his promised crypto policy overhaul when he takes office next...
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Video says it all. If we see the confluences that we need to, I will enter a position, if not - not! That's the way the trading game works - set your plan and stick to it. Happy Trading :)
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"Picture me, the Talking Tree, branching out into the world of finance! I made like a squirrel and went long on some stocks - figured I'd grow my portfolio like a sturdy oak. If the market keeps climbing, I'll be swinging from the branches with joy. If not, well, I'll just leaf it to fate and hope for some sunny days ahead!"
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Vilnius, Lithuania, December 23rd, 2024, Chainwire BingX, a global leading cryptocurrency exchange, has expanded its fiat deposit options with the launch of the SEPA and SEPA...
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A user wearing an Oura Ring Courtesy: Oura Oura unveiled its new smart ring, the …
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Ethereum fear, uncertainty, and doubt are seemingly seeping back into the market as Ether prices …
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Show here is a single fib series in three different time-frames. "Genesis Sequence" is the DNA and growth pattern from birth. The "Golden" multiples are always the strongest fibs to watch. It is PROBABLE that we see a pullback here. It is POSSIBLE that it be a significant TOP. It is PLAUSIBLE that it breaks and retests. =======================================================
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I believe UAMY is ready for another run up now. According to SimplyWall.St, UAMY earnings are forecast to grow 158.07% per year and has had a very volitile past months compared to the US market. SimplyWall.St is a website I just discovered yesterday and I am glad to share it with everyone. It has a lot on a stocks fundamentals, going over risks and rewards, is very user friendly, and more importantly, is FREE. simplywall.st
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Este artículo también está disponible en español. Ethereum price extended its decline below the $2,450 …
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