Jump to content

All Activity

This stream auto-updates

  1. Past hour
  2. KO Elliott Wave Analysis Trading Lounge Daily Chart, The Coca-Cola Company, (KO) Daily Chart KO Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: Corrective STRUCTURE: Flat POSITION: Minute wave {c} of 2. DIRECTION: Bottom in wave {c}. DETAILS: With yesterday’s session we’ve had a spike in volume on the bull side, which could make us start thinking the correction is either completed, or soon to be. We have almost reached 1.618 {c} vs. {a}., but more importantly we have reached the base of the leading diagonal in wave 1, where many times support is found. KO Elliott Wave Analysis Trading Lounge 4Hr Chart, The Coca-Cola Company, (KO) 4Hr Chart KO Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: Corrective STRUCTURE: Flat POSITION: Wave (v) of {c}. DIRECTION: Bottom in wave (v). DETAILS: Here on the intraday chart it’s easier to see the five wave move in wave {c} which seems to have unfolded nicely. Looking for a clear sign of a bottom in place. As of April 18, 2024, Elliott Wave analysts closely monitor the daily and 4-hour charts of The Coca-Cola Company (Ticker: KO) to provide insightful technical forecasts. These Elliott Wave predictions play a crucial role in identifying potential trends and reversal points in the stock's price movement. * KO Elliott Wave Technical Analysis – Daily Chart* The Elliott Wave analysis on the daily chart of Coca-Cola shows a corrective phase within a flat structure, identified as minute wave {c} of 2. This phase is categorized under a counter trend function, suggesting that the ongoing correction is approaching completion. The recent trading session marked a significant increase in volume on the bullish side, hinting at a nearing end to the correction. Technically, the price has approached the critical 1.618 Fibonacci extension of wave {c} relative to {a}, reaching a key support level at the base of the leading diagonal from wave 1—a typical zone for finding support. * KO Elliott Wave Technical Analysis – 4hr Chart* On the 4-hour chart, Coca-Cola’s stock exhibits a detailed structure of the corrective phase, clearly depicting wave (v) of {c}. This finer resolution allows for a clearer visualization of the complete five-wave move within wave {c}, indicating the likelihood of a bottom formation. Analysts are keenly observing for definitive signs that confirm the bottom is firmly in place, signaling potential bullish reversals. Technical Analyst : Alessio Barretta Source : Tradinglounge.com get trial here!
  3. I came across an interesting new meme token called EPIK that launched on the Solana blockchain earlier this month. It features a playful little duck character and has been gaining traction since its debut. In my opinion, several factors contribute to EPIK's potential. Meme coins naturally attract attention, and EPIK's unique duck character design helps it stand out. Additionally, backing from crypto influencers has fueled market interest. It seems on-chain activity is also picking up steam, with daily TV reaching millions of dollars and the number of holders approaching 10,000. With a strong community presence in both English-speaking and Chinese-speaking communities, a recent listing on Bitget potentially exposing it to a much wider audience, coupled with the potential for further price increases, I believe EPIK is a project to keep an eye on.
  4. WTI Elliott wave analysis Function - Counter-trend Mode - Corrective Structure - Zigzag Position - Wave (iii) of 1 Direction - Wave (iii) of 1 still in play Details - We discussed two scenarios in the last update. After 84 was breached, we can confirm wave (B) has ended. Now we need further confirmation with the current decline ending impulse. With the speed of this decline, it will most likely be, barring any surprises. Thus, the bearish impulse for wave 1 is underway. WTI has undergone a notable decline of almost 7% since reaching its 2024 peak in August. This descent appears rapid and impulsive, suggesting the possible conclusion of the four-month bullish correction or perhaps a corrective phase within it. The former scenario seems more plausible, especially when considering the alignment with price movements on higher time frames. From a long-term perspective, the commodity is in the process of correcting the significant impulse wave from April 2020 to March 2022, which marked its resilience against the challenges posed by the COVID-19 pandemic. This correction commenced in March 2022 and is still ongoing, with projections indicating a potential further decline to the range of $46-50. Analyzing the daily chart, we can discern the entirety of the correction, identifying a double zigzag structure denoted as the blue wave W-X-Y. Waves W and X concluded at 64.5 and 95, respectively. Currently, wave Y (marked in blue circles) is unfolding downward, displaying a zigzag pattern. Wave (A) of Y terminated at 67.81, followed by a surge for wave (B), seemingly completing a double zigzag at 87.67. This implies the likelihood of witnessing another zigzag or double zigzag for (C) of blue Y, indicating a probable breach of the 64.5 low in the long term. Failure to do so may still result in at least a three-wave dip to 75. Moving forward, the focus will be on monitoring the ongoing bearish reaction, with close attention paid to developments on the H4 chart. Turning to the H4 chart, anticipation centers on a downward impulse to complete wave 1 or A, possibly even to fulfill the initial sub-waves of 1 or A. The specific degree of these waves may not hold significant relevance at this juncture; instead, the emphasis lies on the current price structure. Should the price conform to the expected bearish impulse, a subsequent corrective bounce is anticipated, offering a potentially favorable entry point for selling. As long as the price remains below 87.63, expectations lean towards further declines in the near term. Technical Analyst : Sanmi Adeagbo Source : Tradinglounge.com get trial here!
  5. Today
  6. EURGBP Elliott Wave Analysis Trading Lounge Day Chart, Euro/British Pound(EURGBP) Day Chart EURGBP Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE:Corrective STRUCTURE: red wave B POSITION: blue wave X DIRECTION NEXT HIGHER DEGREES:red wave C of X DETAILS: red wave b of blue wave X looking still is in play as triangle .. Wave Cancel invalid level: 0.85001 The EUR/GBP Elliott Wave Analysis for the day chart provides a comprehensive overview of the potential price movements for the Euro against the British Pound, utilizing Elliott Wave principles for technical analysis. Identified as a "Counter Trend," the analysis indicates that the current market direction opposes the prevailing trend. This suggests that the EUR/GBP pair may be undergoing a temporary corrective phase, providing opportunities for traders who anticipate a reversal in the broader trend. Described as "Corrective" in mode, the analysis suggests that the ongoing market movement exhibits characteristics of a corrective wave. This implies that the current price action may represent a temporary retracement or consolidation within the larger trend, rather than a continuation of the primary trend. The "STRUCTURE" is labeled as "red wave B," providing clarity on the current phase of the Elliott Wave cycle. This helps traders understand the nature of the corrective movement and its potential implications for future price action. Positioned as "blue wave X," the analysis highlights the specific phase of the Elliott Wave cycle within the current corrective movement. This indicates that the market is 2 / 2 currently in a corrective phase following the completion of a previous wave cycle, potentially indicating a complex correction pattern. In the "DIRECTION NEXT HIGHER DEGREES" section, the analysis mentions "red wave C of X," suggesting the anticipated direction for the subsequent higher-degree wave within the Elliott Wave cycle. This implies that the market may experience another corrective phase following the completion of the current corrective wave, providing insights into potential future price movements. The "DETAILS" section notes that "red wave b of blue wave X looking still is in play as a triangle." This suggests that the ongoing corrective wave may be taking the form of a triangle pattern, characterized by overlapping price movements and diminishing volatility. Additionally, the wave cancel level is identified at 0.85001, providing a reference point for invalidating the wave count. Traders can utilize this information to evaluate potential trading opportunities and manage risk effectively. EURGBP Elliott Wave Analysis Trading Lounge 4 Hour Chart, Euro/British Pound(EURGBP) 4 Hour Chart EURGBP Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE:Corrective STRUCTURE: red wave B POSITION: blue wave X DIRECTION NEXT HIGHER DEGREES:red wave C of X DETAILS: red wave b of blue wave X looking still is in play as a triangle . Wave Cancel invalid level: 0.85001 The EUR/GBP Elliott Wave Analysis for the 4-hour chart provides insights into the potential price movements of the Euro against the British Pound, employing Elliott Wave principles for technical analysis. Identified as a "Counter Trend," the analysis suggests that the current market movement opposes the prevailing trend. This indicates that the EUR/GBP pair may be undergoing a temporary corrective phase against the dominant trend direction, presenting potential trading opportunities for contrarian traders. Described as "Corrective" in mode, the analysis indicates that the ongoing market movement exhibits characteristics of a corrective wave. This suggests that the current price action may represent a temporary pause or retracement within the broader trend, rather than a continuation of the primary trend. The "STRUCTURE" is labeled as "red wave B," providing clarity on the current phase of the Elliott Wave cycle. This assists traders in understanding the nature of the corrective movement and its potential impact on future price action. Positioned as "blue wave X," the analysis highlights the specific phase of the Elliott Wave cycle within the current corrective movement. This suggests that the market is currently in the corrective phase following the completion of a previous wave cycle, potentially indicating a complex correction pattern. In the "DIRECTION NEXT HIGHER DEGREES" section, the analysis mentions "red wave C of X," indicating the anticipated direction for the subsequent higher-degree wave within the Elliott Wave cycle. This suggests that the market may experience a subsequent corrective phase following the completion of the current corrective wave, offering insights into future price movements. The "DETAILS" section notes that "red wave b of blue wave X looking still is in play as a triangle." This suggests that the ongoing corrective wave may be taking the form of a triangle pattern, characterized by overlapping price movements and diminishing volatility. Additionally, the wave cancel level is noted at 0.85001, serving as a reference point for invalidating the wave count. Traders may use this information to assess potential trading opportunities and manage risk accordingly. Technical Analyst : Malik Awais Source : Tradinglounge.com get trial here!
  7. Elliott Wave Analysis TradingLounge Daily Chart, ChainLink/ U.S. dollar(LINKUSD) LINKUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Zigzag Position: Wave C Direction Next higher Degrees: Wave (I) of Impulse Wave Cancel invalid Level: 8.498 Details: the corrective of Wave (II) is equal to 61.8% of Wave (I) at 8.702 Log scale chart ChainLink/ U.S. dollar(LINKUSD)Trading Strategy: The second wave correction is likely to go down to test the 10.585 level before rising again in the third wave. Therefore, the overall picture is a short-term pullback to continue rising. Wait for the correction to complete to rejoin the trend. ChainLink/ U.S. dollar(LINKUSD)Technical Indicators: The price is above the MA200 indicating a Downtrend, The Wave Oscillator is a Bearish Momentum. Elliott Wave Analysis TradingLounge H8 Chart, ChainLink/ U.S. dollar(LINKUSD) LINKUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave 5 Direction Next higher Degrees: Wave ((C)) of Zigzag Wave Cancel invalid Level: 81.238 Details: The Five-Wave Decline of Wave ((C)) trend to test 11.582 Level ChainLink/ U.S. dollar(LINKUSD)Trading Strategy: The second wave correction is likely to go down to test the 10.585 level before rising again in the third wave. Therefore, the overall picture is a short-term pullback to continue rising. Wait for the correction to complete to rejoin the trend. ChainLink/ U.S. dollar(LINKUSD)Technical Indicators: The price is above the MA200 indicating a Downtrend, The Wave Oscillator is a Bearish Momentum. Technical Analyst : Kittiampon Somboonsod Source : Tradinglounge.com get trial here!
  8. ASX: MINERAL RESOURCES LIMITED – MIN Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart) Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with MINERAL RESOURCES LIMITED – MIN. We determine that MIN may be correcting with wave ((2))-red for a while longer, after which wave ((3))-red may return to continue pushing higher. ASX: MINERAL RESOURCES LIMITED – MIN Elliott Wave Technical Analysis ASX: MINERAL RESOURCES LIMITED – MIN 1D Chart (Semilog Scale) Analysis Function: Major trend (Minuette degree, purple) Mode: Motive Structure: Impulse Position: Wave ((3))-red of Wave iii-blue of Wave (iii)-purple Details: The shorter-term outlook indicates that both wave (1)-blue and wave (2)-blue have concluded, with wave (3)-blue initiated since the low at 52.52. The anticipated direction is upwards, initially targeting 75.23, and a break beyond this level would extend towards 84.03, while maintaining levels below 65.36 is a significant advantage and a strong resistance level for this perspective. Invalidation point: 61.00 ASX: MINERAL RESOURCES LIMITED – MIN Elliott Wave Technical Analysis TradingLounge (4-Hour Chart) ASX: MINERAL RESOURCES LIMITED – MIN Elliott Wave Technical Analysis ASX: MINERAL RESOURCES LIMITED – MIN 4-Hour Chart Analysis Function: Major trend (Minuette degree, purple) Mode: Motive Structure: Impulse Position: Wave ((3))-red of Wave iii-blue of Wave (iii)-purple Details: The further short-term outlook shows that wave iii-blue is unfolding, and it is subdividing into wave ((1))-red, and perhaps it has recently peaked, now is the time for wave ((2) )-red opens to push lower, it may find support around 66.78 - 65.36, and after it ends, wave ((3))-red may return to push even higher . Invalidation point: 64.82 Conclusion: Our analysis, forecast of contextual trends, and short-term outlook for ASX: MINERAL RESOURCES LIMITED – MIN aim to provide readers with insights into the current market trends and how to capitalize on them effectively. We offer specific price points that act as validation or invalidation signals for our wave count, enhancing the confidence in our perspective. By combining these factors, we strive to offer readers the most objective and professional perspective on market trends. Technical Analyst: Hua (Shane) Cuong, CEWA-M (Master’s Designation).
  9. Hi @Franswa38, Can you please confirm the opening price and the price at the time you took this screenshot? If the position is up by 42 pips and you are trading at $5 per pip, the amount shouldn't be that low. Do you have a screenshot that includes the price? Also, do you know the time this screenshot was taken? Regards, AshishIG
  10. Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 22nd April 2024. These are projected dividends and are likely to change. IG cannot be held responsible for any changes made. Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. The amount in brackets is the expected adjustment after special dividends are excluded (where shown on major indices). Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video. How do dividend adjustments work? This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation, and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See the full non-independent research disclaimer and quarterly summary.
  11. Yesterday
  12. Stock Market Report S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Elliott Wave Technical Analysis In our ongoing Elliott Wave analysis of key indices, including the S&P 500 and NASDAQ 100, it appears that the markets have not yet bottomed out. I plan to carefully watch for signs of support formation later on Thursday, which could signify reaching the lows. It's crucial to then observe whether the trading on Friday closes higher. Should this pattern not emerge, we might have to brace for a more extensive corrective phase. Consequently, I'll avoid making any hasty bearish moves and will instead monitor the market's performance towards the end of the week before making any trading decisions. Video Chapters 00:00 SP 500 (SPX) 03:12 NASDAQ (NDX) 10:00 Russell 2000 (RUT) 12:42 DAX 40 (DAX) 16:33 FTSE 100 UKX (UK100) 18:48 S&P/ASX 200 (XJO) 23:11 End Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com
  13. Am on Long way up almost 42 pips and my profit is @ 9usd..Surely yet am on a 5 usd/per pip whats going on?
  14. Yesterday, the market was divided, so I stayed out. Today, I predicted that there would be a relief rally on DAX (Germany) 40 in the morning. Therefore, I went long at the cash open and made 170 points. Did anyone else have a similar experience?
  15. I've always found the idea of combining Web3 and real estate intriguing. Now, with Parcl Protocol from Parcl Labs, that curiosity is becoming tangible. This platform offers a new approach to investing in real estate prices from cities like Miami Beach and New York, using current price data. What makes Parcl unique is its emphasis on decentralized real estate trading. It enables the buying and selling of real estate assets anytime, anywhere, through a decentralized exchange.If you are holding PRCL their native token you can participate in governing the Protocol. Plus, there are perks like Perpetual Network Incentives, offering extra benefits to users. The numbers tell an impressive story: Parcl Protocol is a notable DeFi app in the Solana ecosystem, with over $180M+ locked in. In a short span, it has facilitated trades of over 2.1M square feet of real estate exposure, equivalent to 1,400+ properties.The total traded volume? A significant $940M+.with tokens listing on exchanges like Bitget, the platform's reach and potential only continue to grow, Could Parcl be a game-changer in real estate? (Edited)
  16. Calling all crypto traders! Gear up for an epic month of rewards with Bitget’s April Trading: Chase the 1 BTC Halving Treasure campaign. Uncover hidden riches across three exciting activities. Ready to embark on your treasure hunt? Start trading here:https://www.bitget.com/register Campaign Period: Throughout April (specific dates may apply for each activity, see details on Bitget website) Don’t miss out on this chance to win big with Bitget’s April Trading campaign
  17. Parcl Labs' decentralized perpetuals exchange, Parcl (PRCL), has carved a unique niche in the DeFi space. Focused on real estate synthetics, Parcl allows users to gain exposure to the price movements of real-world cities like Miami Beach and New York through cutting-edge, real-time price feeds. This innovative approach has propelled Parcl to the top spot in terms of Total Value Locked (TVL) within the Solana ecosystem, exceeding a staggering $180 million. Parcl's success is further demonstrated by the impressive activity on its V3 exchange. Within a few short months, users have facilitated the trading of over 2.1 million square feet of notional real estate exposure, equivalent to over 1,400 physical properties. The total notional volume traded on V3 to date surpasses a remarkable $940 million. Additionally, the PRCL token itself is listed on the Bitget exchange, providing further accessibility and potential for the project.
  18. The fragmentation brought on by rollups is the most significant threat to Ethereum. Rollups are becoming increasingly popular, which is splitting Ethereum users and their funds into siloed ecosystems, weakening the network’s overall impact as a result. Omni's mission is to resolve this by combining every rollup into a unified, interoperable network. Built for optimal security, Omni establishes a novel kind of high performance blockchain using restaking. By utilising Ethereum's security features along with a speed-optimized chain, the network is enabled to function as the integration infrastructure for the whole rollup ecosystem. Its innovative architecture grants developers access to a new design space, enabling them to create global apps across all rollups that benefit from fundamental economic advantages. At the platform’s DAO and PoS mechanism lies the native $OMNI token, designed to grant access to decentralized voting, pay fees, and reward node runners within the network. OMNI holders will also enjoy other utilities as the Protocol matures including governance decisions such as network upgrades and launch of new developer features. $Omni boasts of key highlights such as low inflation rate, relatively low Initial Market Cap/Fully Diluted Valuation ratio etc. Could this culminate in an impressive rally when listing goes live on Bitget on 17th April,12:00 UTC?
  19. Ore Mission Halts Mining: Due to Solana network congestion, Ore has stopped mining activities temporarily. Price Impact: Ore's price surged to over $300 post-announcement, while Solana dipped to $127. Ore's Distribution Mechanism: Ore used a PoW method on Solana for fair cryptocurrency distribution. Solana's Challenges: Solana faced transaction scheduling issues, with up to 75% of transactions failing. Revamp Plans: Ore will revamp its system for better efficiency and incentives for token holders. Future Plans: Ore's v2 will align with Solana's upgrades, with existing tokens upgradable to the new version.
  20. Unlocking Real Estate Investment with Parcl: A Decentralized Perpetuals Exchange Embark on a revolutionary journey in real estate investment with Parcl, developed by Parcl Labs. This innovative platform offers users the unique opportunity to gain price exposure to real-world cities like Miami Beach and New York, leveraging cutting-edge, real-time price feeds. With Parcl (PRCL), investors can access a decentralized perpetuals exchange specifically designed for real estate synthetics, opening up new avenues for diversification and growth in the digital asset space. At the core of Parcl's innovation lies its ability to bridge the gap between the digital and physical worlds. By providing users with access to real-time price feeds for prestigious real estate markets such as Miami Beach and New York, Parcl enables investors to gain exposure to these coveted assets without the need for direct ownership. With transparent and reliable price data, users can make informed investment decisions and capitalize on opportunities in the real estate market. Parcl stands as a pioneer in the realm of decentralized finance (DeFi) with its decentralized perpetuals exchange for real estate synthetics. By tokenizing real estate assets, Parcl allows investors to trade perpetual contracts that track the price movements of these assets, offering a flexible and efficient way to gain exposure to the real estate market. With Parcl, investors can trade real estate synthetics seamlessly, without the limitations of traditional real estate investment. Excitement mounts as Parcl (PRCL) makes its debut on Bitget Exchange, providing users with a trusted platform to trade and engage with real estate synthetics. This listing not only enhances Parcl's visibility but also opens up new avenues for investors to participate in the digital real estate market. As Parcl continues to disrupt the traditional real estate investment landscape, its listing on Bitget Exchange marks a significant milestone in its journey towards broader recognition and adoption.
  21. Also, for smoother ID verification in the future, you might want to explore using an ID Verification API. It could streamline the process and make things easier for you. Hope this helps, and good luck!
  22. Massa is making a name for itself in the blockchain world with its innovative approach. Massa's unique blockclique architecture allows it to process a staggering 10,000 transactions per second while maintaining decentralization across thousands of nodes. This translates to a faster, more inclusive network for users. Massa introduces Autonomous Smart Contracts (ASCs), which can perform actions automatically without external triggers. Massa's testnet boasts over 8,000 nodes, and its social media following is booming. Collaborations with Starknet, Umbrella, and Hyperlane further solidify Massa's position in the industry. Over 100 investors, including prominent names like Blueyard and TRGC, have backed Massa. Additionally, the Quest Dashboard campaign introduced over 70,000 users to the ecosystem, highlighting its expanding reach. Massa has also been listed on the Bitget exchange, increasing its accessibility and a wider adoption rate. With its impressive features, growing community, and investor backing, Massa presents a compelling case for becoming a major force in DeFi. What are your thoughts on Massa's approach? Do you think autonomous smart contracts will revolutionize DeFi? Share your thoughts in the comments below!
  23. Since the previously traditional practices of the art industry are being reformed, transparency has become the watchword of the art market. The art world as a whole, comprising buyers, collectors, and artists, have called for increased transparency and accountability. Artrade aims to champion this shift by harnessing the transformative capabilities of blockchain technology to fortify every transaction. Known to promote decentralization, the team of Artrade hopes to leverage on this core blockchain feature to eradicate intermediaries, streamlining the exchange process as a result, and eliminating vulnerabilities linked to third party involvement. Also leveraging on Blockchain transparency and auditability, Artrade will look to offer participants a crystal view of the market’s transactions, instilling trust among buyers and sellers and making the art world more equitable and accessible. Where liquidity had been an issue, Artrade’s innovative integration of NFT technology will profer solution by facilitating direct and secure transactions between participants, paving the way for a seamless exchange and liquidity boost. Establishing a mechanism for community-driven decision-making is the integration of Artrade utility token $ATR which is set to list on Bitget, and will engage holders in the project’s success and governance. Transparency in the art world helps to promote ethical and fair transactions, raise trust and confidence, and tackle issues such as fraud and money laundering. The ideal solution to the transparency challenges in the art world?
  24. In a bid to ensure the widespread use of cryptocurrency, certain platforms have come up with good initiatives to boost enthusiasm in cryptocurrency. Bitget in an effort to achieve this have come up with an initiative known as the COO apprenticeship, this is in link with the platform’s #Blockchain4Youth initiaitve. Basically, the program requires eligible participants to collaborate closely with the team while gaining valuable leadership experience in the process. Similarly, they are also required to conduct market research as well as assist in the implementation of market strategies. The prerequisites for participating are relatively easy; excellent communication skills, passion for crypto, blockchain tech as well as availability for a 3 month commitment with the possibility of travelling to Dubai. The benefits tagged along this are overwhelming, you get gifts from Bitget in the form of monthly $BGB airdrops and Bitget Merchandise. Apart from being rewarded monetarily, the work experience, a widened horizon etc are part of the perks that come with this program. However, the targeted regions for the program are; France, Germany, italy, Spain, Portugal and the UK. This is indeed a worthwhile opportunity for those that can participate.
  25. GX Uranium ETF (URA) Elliott Wave Analysis Function - Counter trend Mode - Corrective Structure - Emerging Zigzag Position - Red wave (C) of blue 4 Direction - Red wave (C) of blue 4 is still in play Details - Price broke blow 30. Wave (C) was confirmed by the break below 29.26. Should extend toward 25.94. The GX Uranium ETF is an exchange-traded fund (ETF) that focuses on investing in companies involved in the uranium industry. Uranium is a key component in nuclear power generation, and its demand is influenced by factors such as global energy needs, environmental concerns, and government policies regarding nuclear power. Recent market movements have seen the GX Uranium ETF undergo a bearish correction, with a decline exceeding 5% over the current trading week. This downturn commenced on February 1st, 2023, and is anticipated to persist in the short term before encountering a support level, heralding the onset of renewed upward momentum. Notably, this correction unfolds within the broader context of a bullish trend that commenced in March 2022. Despite enduring an over 8-month pullback between November 2021 and July 2022, the ETF has steadily ascended, reaching its loftiest valuation since April 2014. Consequently, post the prevailing retracement, a resumption of the bullish trajectory is anticipated. Analyzing the daily time frame reveals a discernible bullish impulse of the cycle degree (marked in blue) after the supercycle wave (b). The termination of the 3rd wave - designated as blue wave 3 - occurred in February 2023, characterized by a diagonal pattern, followed by the onset of the corresponding 4th wave. This 4th wave manifests as a zigzag pattern, navigating through wave (C) after completing wave (B) via an expanding diagonal. To maintain the integrity of the overall impulse structure, the 4th wave - delineated as blue wave 4 - must remain above the critical level of 24.36. Expectations converge on buyers eagerly awaiting the conclusion of wave (C) to propel the bullish momentum into the 5th wave. Examining the H4 chart illuminates the sub-waves of (A)-(B)-(C) and the emergence of wave (C). The initial target for wave (C) aligns with the 100% extension of wave (A) at 25.94, slightly above the psychological barrier of 25. Traders are thus advised to anticipate the culmination of wave (C) within the 25.94-25 zone, paving the way for subsequent rallies. Technical Analyst : Sanmi Adeagbo Source : Tradinglounge.com get trial here!
  26. Greetings All I am curious as to how an instrument's price varies (oscillates) over time when (according to the platform) there has not been any volume traded on the instrument? Insight will be greatly appreciated.
  1. Load more activity
×
×
  • Create New...
us