BTC is having a rare golden MA cross, that is Bullish if you look at the charts... Price is going up
BYBIT:BTCUSDT.P Fed meeting on 1-Feb-2023 at 19:00 UTC Looking for 25bp rate hike for potential bullish move. BTC has had a run to almost 24k. But it's approach is quite tight like a triple tap in play. Support levels marked in white for possible re-entry for Long via appropriate entry trigger. Entry trigger could be bullish candle or bullish candlestick...
From my last posting I believe US30 Index is in the beginning phases of its Descend into 2023. Assuming that we are not going higher than 34K. After an initial drop from my supply line the chart has given us new confluence to re enter if the initial drop was missed. First we see a trade setting up at what is the local golden pocket, although this trade will not be...
we are channel trading/consolidation. and this will probably continue till the meetings coming up. my main thesis is based off a few things. the up coming Jackson Hole meeting followed by Fed Jpow Friday. i believe we get under that 410 area. by Sept October. there is alot of factors influencing this, inflation, rate hikes, etc. 390 would be the area im looking...
edit: we are channel trading/consolidation. and this will probably continue till the meetings coming up. On the longer term we have an inverse head and shoulders forming. the july 17 low being the head. even on the shorter time frime we have one and we are on the right shoulder right above the neck line around that 412/414 area. now i only point this out because...
eth is starting to show signs of capitulation on 4hr time frame . I love the 4hr because it can be a great tool to really see how the market is moving .. i see eth possibly coming back to 1275 area or higher before the next "big" drop like or comment on the idea tell me what you think
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this exclusive BTC analysis. FOMC has had a huge impact on the price of BTC since the start of 2022. Here's my view on how can it be affected this time. This event has the potential to change the course of risk markets (#BTC etc.) from bear to bull or to cause a...
Jerome Powell, chairman of the FED yesterday basically confirmed a May rate hike. But ask yourself seriously - Is inflation going to go away due to this? Will this save a bleeding economy? Gold practically called the bluff on FED's comments AND the rising bond yields. As you can see, post FED meeting we have the Gold keep the support trend-line since the start...
Hello Traders, I hope you all are doing well. I just wanted to shoot a quick update for anyone a little shaken by the market or confused as to what's going on. TLDR: Yes, there are still geopolitical concerns, but at the moment it's not important to the market, because we've already seen the response of the world and it has strengthened relations of NATO and...
BTCUSDT seems to be trading in a range and trying to find direction. Support and resistance levels are marked on the chart. Upcoming FED meeting will be the key in identifying the direction of movement. Everyone seems to focus on the interest rate hike (25 or 50 points) and it is most likely priced in by now. Therefore, the amount of increase might not have much...
Hello, everyone! Global view on EUR/USD. It will sink to 1.10 and here is why: 1) Fed meeting results will make dollar king again 2) Daily Double-top formation is not finished yet 3) Bearish flag breakout 4) Same pattern after Fed meeting at November. Consolidation before the meeting, retest of a trendline and breakout after. EUR/USD is very sensible to round...
Hi everyone, Since May-June this year DXY has been strenghtening. To be precise the run commenced during the 47th G7 Summit that was held from 11 to 13 June in Cornwall, England. The uptrend unfolded a rising wedge that was breached to the upside during the 2nd half of November. On Nov.24th the Index paused and is now consolidating in a range between 97 and...
The Australian dollar is in negative territory for a second straight day. Currently, the pair is trading at 0.7727, down 0.43% on the day. Australia's retail sales started off 2o21 on a decidedly sour note, as the January report came in at -1.1%, much worse than the street consensus of +0.6%. The decline is attributable to Covid restrictions, which had a negative...
In this analysis, I bought U.SL Dollar because for the pressure of the U.S. economic, we hope fundamentally that U.S. Dollar is going to the recovery and we hope a bullish candlestick. Also to show you, I put 2 entry for buy order limit with a considerable SL with a good profit!!! Okay, today, we hope that U.S Dollar it's going to up for fundamentals about the...
Today, fundamentally, it's a important day for the U.S. Dollar. So, we hope between the short-term and medium-term a recuperation of the U.S. economic. Because, if you noticed it, the indicators of all U.S. economical calendar showing a recovery of the economy in the unemployment, aid, aid financial, and more that Federal Government want to help and support...
Hello, in this analysis, the Euro it's in the distribution zone, so, I add a sell order limit at $1.1877 USD to entry in the sell of over 300 pips. Now, in weekly we are so higher and Euro needs to make a correction approximately to leave at $1.15 USD as support on weekly!!! This is a screenshot of H4 timeframe about the RSI, let's me explain a thing. The...
In this technical analysis. In H1 timeframe we see that USD/JPY it's continued to bearish trend in H1 timeframe. But ussing the Izzi Money strategies, we could to pick down 100 pips of profit. So, I put a sell order limit at $107.24 at pick up my take profit at $106.12. So, that is my target profit, but following the trend is continue bearish. And also, today...
FED wants strong USD or not??? Tomorrow don't miss FED Meeting event! Watch out FX:EURUSD !!!