-
-
Posts
-
By tradinglounge · Posted
MSTR Elliott Wave Analysis Trading Lounge Daily Chart, MicroStrategy Inc.,(MSTR) Daily Chart MSTR Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: Corrective STRUCTURE: Flat POSITION: Minute {iv}. DIRECTION: Bottom in wave {iv}. DETAILS: Looking for a bottom in wave {iv} to then continue higher in wave {v} of 1 or else there is a case we are in Minor wave 5 and we could be topping in wave (5). MSTR Elliott Wave Analysis Trading Lounge 4Hr Chart, MicroStrategy Inc.,( MSTR) 4Hr Chart MSTR Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: Corrective STRUCTURE: Flat POSITION: Wave (c) of {iv}. DIRECTION: Bottom in (c). DETAILS: Looking for an ending diagonal in wave (c) of {iv}to be in place, otherwise we could have topped in wave {v} where current wave (b) is and we could be headed lower. Welcome to our latest Elliott Wave analysis for MicroStrategy Inc. (MSTR) as of June 18, 2024. This analysis provides an in-depth look at MSTR's price movements using the Elliott Wave Theory, helping traders identify potential opportunities based on current trends and market structure. We will cover insights from both the daily and 4-hour charts to offer a comprehensive perspective on MSTR's market behavior. * MSTR Elliott Wave Technical Analysis – Daily Chart* In our Elliott Wave analysis of MicroStrategy Inc. (MSTR), we observe a counter-trend corrective pattern characterized by a flat structure. MSTR is currently positioned in minute wave {iv}, suggesting a potential bottom in wave {iv}. This bottom could lead to a continuation higher into wave {v} of 1. However, there is also a scenario where we might be in Minor wave 5, and if this is the case, MSTR could be approaching a top in wave (5). Traders should watch for confirmation of the bottom in wave {iv} to assess the likelihood of an upward move in wave {v}. This could provide strategic entry points if the anticipated trend unfolds as expected. * MSTR Elliott Wave Technical Analysis – 4Hr Chart* On the 4-hour chart, MSTR is following a counter-trend corrective mode within a flat structure, specifically in wave (c) of {iv}. The analysis suggests that we may be forming an ending diagonal in wave (c) of {iv}, which often signals the conclusion of the corrective phase. Alternatively, if the market has already topped in wave {v} at the position of the current wave (b), MSTR might head lower. Traders should be vigilant for signs of the ending diagonal being completed in wave (c) of {iv} and watch for potential downside movements if the wave {v} top scenario plays out. Technical Analyst : Alessio Barretta Source : Tradinglounge.com get trial here! -
In the rapidly growing cryptocurrency market, investors face various forms of scam threats. A recent theft case involving a major exchange in Japan highlighted the “fake address trap,” resulting in significant Bitcoin theft. This incident not only revealed how hackers exploit lapses during transactions to commit theft but also underscored potential vulnerabilities in exchange security measures. PTOUNX Exchange has implemented multi-factor authentication and continuous system upgrades to protect the assets of users from similar risks. Through these measures, we strive to ensure the security of every transaction, preventing hackers from exploiting any user negligence. Investor Education: Knowledge as the First Line of Defense Against Scams In the fight against investment scam, investor education and awareness are indispensable. PTOUNX Exchange is committed to disseminating cryptocurrency and investment security knowledge through various channels to reduce user risks caused by information asymmetry. We regularly hold webinars, publish security guides, and update common scam methods and prevention techniques. PTOUNX emphasizes that users must verify every step of a transaction before proceeding, including confirming the legitimacy of the trading platform and checking the accuracy of wallet addresses. Additionally, we encourage users to store large amounts of assets in hardware wallets, as this physical isolation storage method significantly enhances asset security. Our real-time transaction monitoring system can promptly detect abnormal trading behavior, such as unusually large transactions or frequent small transfers, which are often indicators of money laundering or scam. Through proactive monitoring, PTOUNX can quickly take action to prevent potential risks from developing into actual losses. These strategies not only protect user assets but also create a more stable and trustworthy trading environment. Through continuous education and technological innovation, PTOUNX Exchange provides a secure cryptocurrency investment platform for users. Innovative Technology: The Future Protection of Cryptocurrency Trading Facing the complex and ever-changing challenges of cybersecurity, PTOUNX Exchange actively adopts the latest blockchain technologies to enhance security. We believe that by leveraging the transparency and immutability of blockchain, the risk of scam and theft can be greatly reduced. One key technology is the application of smart contracts, which can automatically execute terms of a trading agreement, thus minimizing human errors and opportunities for scam. Moreover, PTOUNX is developing an AI-based anomaly detection system, capable of learning and identifying unusual trading patterns, providing timely warnings to users and management teams. This advanced monitoring technology not only improves response speed but also enhances platform security on multiple levels. Building a Shared Security Line for a Shared Investment Future As the cryptocurrency industry continues to mature and develop, PTOUNX Exchange recognizes that only through continuous innovation and education can we provide a truly secure investment environment for users. We are committed to utilizing cutting-edge technology to enhance our security measures while strengthening user education, ensuring that every investor can make informed decisions based on an understanding of potential risks. At PTOUNX, we are not just a trading platform; we are guardians of investor safety. By collaborating with global security experts and continually updating our security strategies and technologies, we aim to create a worry-free trading environment where every transaction is safe and transparent. -
Asian stocks rose on Tuesday, tracking gains on Wall Street ahead of comments from several Federal Reserve officials later in the day. The Reserve Bank of Australia kept interest rates on hold at 4.35%, as expected, but warned inflation risks remain. This led traders to cut back bets on an RBA rate cut this year, though the Australian dollar was little changed. Ebbing concerns over European political turmoil also boosted market sentiment. Futures for European stock indexes were higher after gains on Monday. The dollar edged up ahead of US retail sales data, pressuring the euro and pound. The Chinese yuan remained near 7-month lows on mixed economic data from China pointing to a need for more policy support. With multiple Fed speakers on tap, investors are looking for clues on the US rate outlook after last week's Fed decision, with around 45 basis points of cuts priced in for the rest of 2024.
-
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now