Cryptocurrencies and Stocks Articles

Cryptocurrencies and Stocks Articles

In this section, I will have articles about the stock market and cryptocurrencies.


My Thoughts on Current Markets-140

26 Jun 2024 9 minute read 0 comments Perfectionist25 $0.12

Nasdaq's historical peak reached 19979. It completed the bowl starting from the 18464 peak in March and doubled up. The 20-day exponential moving average is at 19250. So this closest support is here at 19250, then the 50-day average is at 18712. Unde...

My Thoughts on Current Markets-137

14 Jun 2024 7 minute read 0 comments Perfectionist25 $0.07

We renewed the historical peak of 19114 in Nasdaq. There is a bowl that starts in April. Let's see if we can fold this dish. So can we get to 20000? It seems like it is still pushing up. The 50-day average is at 18158, the 20-day exponential moving a...

My Thoughts on Current Markets-136

9 Jun 2024 2 minute read 0 comments Perfectionist25 $0.08

As long as we stay above 5100 in S&P 500, 6200 and 6800 targets are valid in the short term. Recession possibilities below 5100 are discussed. I was expecting a correction up to Nasdaq 17800 level. But it was limited to 18200 and made a new ATH. Arou...

My Thoughts on Current Markets-135

7 Jun 2024 7 minute read 0 comments Perfectionist25 $0.05

There is a wonderful chart on Nasdaq and the chart tells us whether to continue or not. Technical analysis is a two-way indicator. What is important is that it explains what can happen when certain thresholds are crossed and the risks when they are n...

My Thoughts on Current Markets-134

5 Jun 2024 11 minute read 0 comments Perfectionist25 $0.07

On Nasdaq, the 50-day average is at 18153 and the 20-day average is at 18438. It bounced up after touching the 50-day average. It hovers around 18464, which is its old peak. At the end of April, it doubled up with a double bottom triangle formation c...

My Thoughts on Current Markets-132

29 May 2024 3 minute read 1 comment Perfectionist25 $0.07

When you look at the daily chart of ounce gold in general, the upward trend in the medium-term Fibonacci scale continues. But here we see that it is only under pressure due to the short major falling below the 5 and 8-day moving averages. We are in t...

My Thoughts on Current Markets-131

28 May 2024 6 minute read 0 comments Perfectionist25 $0.09

Nasdaq is at its historical peak with 18907. It started to go up after 17500 was passed here. He completed the dish he started in April. Price went as far as he could and fulfilled his duty. There was a hard sell but it is recovering again. As long a...

My Thoughts on Current Markets-130

26 May 2024 2 minute read 0 comments Perfectionist25 $0.12

Dow Jones is especially an important resistance point at 38900 below and 39400 above. We reacted quickly so that when it came to the region in the December - January period, I marked it as the region we would react to. Between 37500 and 38000, it wen...

My Thoughts on Current Markets-129

24 May 2024 6 minute read 0 comments Perfectionist25 $0.07

When you look at the S&P 500 weekly chart, whether you like it or not, whether you like it or not, whether you like it or not, there is Fibonacci 1.618 here, this is the golden ratio. The golden ratio exists in architecture, in our lives, in aestheti...

My Thoughts on Current Markets-127

21 May 2024 6 minute read 1 comment Perfectionist25 $0.10

The historical peak on Nasdaq used to be 18464. We rolled down from here and there were two bottoms. After making a bottom at 16973, it peaked at 17820 and made a second bottom again at 17284. The second bottom remained above the first. It was a very...