After carefully observing the market and implementing the use of top down analysis from all key time frames for a swing movement, a hedge market break down on the daily timeframe has been analysed and all key zones has been carefully highlighted indicating the zones of retest, retracement or a possible market turnaround further breakdown along New York session,...
Crude Oil Technical Analysis Daily resistance is 79.6-83.4, support below is 76.8 Four-hour resistance is 79.6-80, support below is 78-76.8 Crude oil operation suggestions: Shorts dominate the daily chart, and the trend of suppressing shorts and oscillating downwards has been formed for 6 consecutive trading days. The short-term resistance above today continues...
Gold strongly broke through Friday's high in the afternoon, and the market changed. We are never stubbornly bearish or bullish, but flexibly adapt to the rhythm of the market. Since gold has broken through strongly, waiting for gold to fall back is the opportunity to buy. The 4-hour moving average of gold gradually begins to turn, and after gold breaks through,...
AI/USDT refers to the pairing of AI (Artificial Intelligence) and USDT (Tether), a stablecoin pegged to the US dollar. The use case for AI/USDT can vary depending on the context, but here are a few potential use cases: Trading and Investment: Traders and investors may use the AI/USDT pairing on cryptocurrency exchanges to trade based on the price movements of AI...
"Yep, just like i expected, the price hit the sweet spot and basically said 'nope' with that rejection. So, i am thinking it's time to flip the script and go short to shake up those buyers and make some gains."
BNB/USD (Binance) is still forming an ascending triangle pattern, with huge potential to break its all-time high level. The ATH price is around $692.6. Am I right? After crossing this line, it will start exploring new price targets in that uncharted territory.
Looking for more buys on GBPNZD 3 touch confirmed and a bullish structure formation
I have invested and made good money trading SEED_DONKEYDAN_MARKET_CAP:ORDI for a while. I have ridden the rise and sold at $69, missing the peak and feeling bad at the time. Now my sentiment about SEED_DONKEYDAN_MARKET_CAP:ORDI is very bearish, and I will explain why I will stop trading it. Here are several events that have happened and are red flags: 1. ...
Don't under estimate the power of an imminent NASDAQ:ROKU Rally as it displays a series of Higher Lows and Higher Highs. Price action on the monthly chart indicates that this stock wants to move higher. With the impending breakout of the monthly CCI into positive momentum territory, you will want to enter large before this breakout occurs. Once price moves...
On Monday, the price of gold experienced a rebound as market participants deliberated over the trajectory of interest rates in light of recent US employment indicators. According to Friday's data released by the Bureau of Labor Statistics, the US Nonfarm Payrolls report indicated that 175,000 individuals secured employment in April, falling below market...
If we pay attention to the US news and interest rate changes, we can see the price change soon. The Bitcoin ETF has shown green buying colors after several days of negative selling. After the inflation of the dollar, we are on the side of a sharp rise in the price of Bitcoin. We may not see significant price action for 60 days. The market is looking like a cheater...
EUR USD PRICE - ROUTE MAP ANALYSIS,here we can see that price has to fill the liquidity at up side at resistance zone,50-50% chances,if the price back to the trend lines make a sell entry to support, follow for more live updates....
Multibit (MUBI) is trading at approximately $0.121, experiencing a decline of 2.75% over the last 24 hours and a more substantial decrease of 6.80% over the past week. The market cap currently stands at around $114.96 million, placing it at #406 in the market cap rankings. The 24-hour trading volume is reported at about $10.8 million. Start building a position...
XRP, the native digital currency of the Ripple payment protocol network, reached its pinnacle at $3.84 on January 4, 2018, marking an astonishing surge of nearly 40,000% over the preceding 12 months. However, its current trading value hovers around $0.50. Much like several other smaller altcoins, XRP witnessed a wane in interest as escalating interest rates...
Fundamental analysis Non-agricultural news surprised with 175 thousand jobs, nearly 50% lower than last month Technical Analysis Support breaking the support zone at 2290, creating a new bottom zone at 2268. The field configuration continues to choose Gold's correction. Technically, the 200 SMA has not yet been broken, creating conditions for buying to enter...
The short-term volatility of Bitcoin shows its increase in these two time frames for which I considered three targets, the time of this transaction is 2 days.
Remember the seasonality we spoke about the previous week, is it kicking in with WTI price up +1.05% on Monday 06/05/2024? Price hit the expected price on Friday giving a front running opportunity to long positions, do not despair a second entry position is in the cards if based on price action patterns. Check out my previous WTI Short idea to see how it relates...