🔎 Fundamental analysis (📈 Bullish) The Ethereum team completed the Cancun-Deneb ("Dencun") upgrade after switching to proof-of-stake (PoS) 18 months ago. Shortly, this upgrade changed how data is stored on Ethereum, making it significantly more accessible and also cheaper to record layer 2 transactions. 👨🏻💻 Technical analysis (📈 Bullish) On a daily timeframe,...
Guppy Multiple Moving Average (GMMA) is a widely used technical analysis tool that can help traders identify price trends, determine entry and exit points, and identify signals of price reversal. The inventor of GMMA is Daryl Guppy, an Australian trader and technical analyst who developed this technical analysis tool in the late 1980s and early 1990s. GMMA is...
I dont have much to say about Polygon. It surely is and must be considered as one of the highly rated potential projects. Fundamental wise it surely did show its strength through out the bear market specially by having a well articulated mainstream media coverage while it collaborate with heavy names in different sectors around the world mostly from the...
In this update we review the recent price action in the GBPJPY and identify the next high probability trading opportunity and price objectives tot arget
Markets are full of speculation that Japan may act to contain further yen losses, perhaps by buying the yen, raising interest rates or changing the BOJ's dovish guidance on the future path of monetary policy. Japan is in a very different situation compared to other countries that have begun to tighten monetary policy. In reality "weak yen" is not bad for...
The battered European currencies are faring well, with safe havens like the Japanese Yen and US Dollar pulling back. While not anywhere near ground zero in financial markets in terms of impact , the net-result of improving risk appetite has proved beneficial for the British Pound. Some market participants believe the BoJ may change its ultra-loose policy to slow...
The battered European currencies are faring well, with safe havens like the Japanese Yen and US Dollar pulling back. While not anywhere near ground zero in financial markets in terms of impact, the net-result of improving risk appetite has proved beneficial for the British Pound.
GBPUSD prepares to experience a decline, pay attention to the leftmost resistance point and see entry confirmation from the smallest timeframe
Beep boop bop, I am not a lion or a lamb. I am Retail hear me woof woof meow meow. Bullish Guppy to 158 cause month to month mind games. Hot potato whiskey fibonaccis, thanks for listening.
I marked the h4 qm zone in blue for you and a nice S/R flip Guppy has done... the upper yellow zone is my ltf QM area iam looking for a ahort entry ....of course price could break this zone if that happens its important to have plan B ...and plan B is for sure the retest of the broken structure.... but for now iam focused on plan A and a short at the choosen...
$AAVE is looking primed to make a run. We have seen a nice retrace from it's all time high back in early February. It has tried to break $407 a few times. If we can get a daily close above $407, I am a buyer. There is easily 20% upside and that is conservative. On top of flipping resistance into support, the MACD is looking to flip bullish as well. This could be...
Squeeze em up ? I dunno. GBP Pound has been bullish a while now. Bullish til it's not? Lock em down, UK restrictions are bullish for currency. Chart just looks bullish too as I believe UK does better during times calling upon fiscal creativity.
between Bulish three drives VS Bearish 121 patterns going 136.00
$GJ $GBPJPY price now, 137.07 1200 pip short down to 124.69 ? fill the March 2020 dumpy wick ? FiboGroup & Saxxo Traders Short ? broke below the daily 100ma, came up retested bearish trendline, back down below the 100ma and it's off to the races ? recent touch of bearish trendlines ? oscilators overbought ? Brexit Bearish ? send it ?
BTC's recent run and sudden drop has most traders uncertain of what might come. In this analysis I'll be evaluating 12 different indicators to see if we can get a feel for BTC's direction over the coming days/weeks. Note - I'll provide links at the bottom of this analysis to articles that describe some of the more exotic indicators. PAGE 1 - Headline Photo...
OANDA:GBPJPY Bears and Bulls both want Ace. 1K or more pips. The hunger, the greed, the odds, the charts, the uncertainty, the sharks in the water. They'll risk it. Little known fact, bears and bulls are good swimmers and sharks can't walk. Pound Yen. Guppy? Is this guppy? Pound Yen. Looks bullish to me cause life sounds like hell in Britain right now...
A close above $5.33 would be bullish. Target = 6.50 It may chop around until the wedge resolves itself which would be Oct 2nd = a time stop A close below the break of the diagonal trendline or 21 EMA would negate the trade.
PPL call - Guppy has only been green for 8 days which the last time Guppy was green for a month or less was 2015. Also shooting for a bounce off of the trendline its been tapping since March crash. 27% IV so dirt cheap.