Hey traders
I this video I will take look at NVIDIA which I think it can be moving into a correction and can possibly be headed down for deeper prices. So if today major stocks indicies will have second red day in a row, then possibly next week there can be more risk-off. In such case I think its better to wait on any long ideas on cryptos (short-term), and wait on much better timing for potential long entires, which can be maybe after summer, or during elections when normal markets tend to be in bull run. Additionally, any rate cut later this year can be alos supportive for stocks and other assets.
When I look at bitcoin, I think that 50k is very good potential support; if it gets there.
Have a nice weekend.
Grega
I this video I will take look at NVIDIA which I think it can be moving into a correction and can possibly be headed down for deeper prices. So if today major stocks indicies will have second red day in a row, then possibly next week there can be more risk-off. In such case I think its better to wait on any long ideas on cryptos (short-term), and wait on much better timing for potential long entires, which can be maybe after summer, or during elections when normal markets tend to be in bull run. Additionally, any rate cut later this year can be alos supportive for stocks and other assets.
When I look at bitcoin, I think that 50k is very good potential support; if it gets there.
Have a nice weekend.
Grega
US Single STOCKS (FREE Access), FX, Crypto
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US Single STOCKS (FREE Access), FX, Crypto
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Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
👉Explore Our Services @ wavetraders.com/elliott-wave-plans/
Learn Elliott Waves
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Newsletter Sign up
👉 bit.ly/3FVPVzO
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.