Price action in the market has grown more cautious, especially toward technology stocks.

The first big pattern occurred on Monday, when the SPDR Technology ETF jumped to a new all-time high above $175. But it was negative within an hour and closed the session under Friday's low – a big bearish engulfing candle.

Similar patterns appeared on November 22 and December 1.

Next, gains have narrowed in Big Tech as Apple accounts for more of the upside. (Consider the second chart comparing XLK to AAPL .) Meanwhile former workhorses of the sector like ServiceNow and Adobe have teetered.Read More

Today I want talk with you about XRP.
As you can see I use weekly chart and find out a triangle pattern .
This pattern is trend continuation pattern and I expect that we will see grow soon.
I think XRP can create new ATH and grow above 4 USD per token.

This is my opinion, I really hope this will be useful for you.

Be ready and take care your money. Have a great profit...

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The last time that I looked at CAKE was around a month ago. Here I argued that CAKE was one of the weakest tokens on the market currently and that more bearish pressure was mounting.

Since my previous analysis, CAKE dumped even more and reached the area around the all-time lows since trading on Binance. Historically, this area of strong support has caused huge reversals for CAKE.

With...

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After my most recent BTC analysis compared fractals on the wide long-term 1W time-frame, since the price is currently consolidating on such a tight range, I decided it would be productive if I looked for fractal comparisons on the narrower short-term time-frames, on 4H in particular.

The key observation made was between the current pattern of December and that of late September - early October. As you see it is interesting to say the least, that the structures of the two formations have been (so far) virtually identical. Both are major consolidation / accumulation phases ( Rectangle pattern), starting with a Lower Highs trend-line (steps 1 & 2) above the 4H MA20 (red trend-line) and continuing with a rejection on that MA20 (step 3).Read More

Hey traders,

USDJPY was trading in a sideways range for 3 weeks.
Finally, bulls violated its resistance to the upside.
Taking into consideration that the pair is trading in a bullish trend ,
I expect a bullish continuation now.

Goals:
114.8
115.4

AUDUSD broke the downtrend line
price rebounded from 50% fib level and key level around 0.7100
price above SMA 100 and HVN around 0.7145
MACD shows bullish momentum
RSI in uptrend line above 50
so it's expected bullish movement to resistance level around 0.7350

After a false breakout of the resistance, the New Zealander does not roll back down, but returns back to the resistance for retest.
I think that the price can break through the resistance and begin to recover, I wait for the first stop at the resistance level 0.6818

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Share your opinion in the comments and support the idea with Like.
Thanks for your support!...

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As expected from the previous analysis, the price expanded the corrective model.
We can now see that the pattern may end up as an ABC correction or a more complex one like the ABCDE correction.
In both situations as long as the price is within the corrective pattern, we should not trade at all as it carries a high level of risk. So wait for the price to break out of the pattern and as we may have better chances in our side.Read More

From the previous analysis, the price completed a reversal "falling wedge pattern".
Now we can see that the price broke out of the pattern and this is actually increasing our chances for bullish momentum.
On the other hand, the price tested the bottom of the pattern yesterday during FOMC and now it is moving higher.
So also the news didn't affect our trading setup.
So...

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Consumers reported losing more than $80 million to cryptocurrency investment scams between October 2020 and March 2021, an amount 10 times higher than the same period a year earlier, according to the Federal Trade Commission.
Experts say the scammers often rely on social media, stealing users photos and videos to create fake profiles that lure in victims with the promise of huge returns on a crypto investment.
Several Instagram users told CNBC they have been reporting imposter accounts for years and

...

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