Yesterday, we saw a 200 pips drop on EURUSD. The last time EURUSD was trading around those levels was in 2002. However, this doesn't mean we shouldn't sell. After this impulse yesterday, we're most probably going to see a pullback and a continuation towards 1,0200! Entries only after a pullback. We're not looking for longs!
NYSE:DAL Testing Twitter integration. Looking for feedback on the symmetrical wedge pattern similar to the historical example. If the pattern repeats, it appears to be a reduction of volatility until some time near the funnel when a breakout may occur with significant velocity. The direction in the past was positive, but I suspect this version may have a...
Hi All, See a macro perspective on BTC - 16k to 160k Yes we are in a bear market (in Sep 2021 I called this as happening mid 2022 spot on, proposing 20k, feel free to check my historical posts linked below) At the end of the day, the macro cycle is king - no use trying to guess specific prices or time as these are really hard to guess and likely you will fail...
Since 2010 Nifty 2010 Nifty has given almost 7% returns annually till 2020 i.e pre-covid era. After that major Rally has been seen in markets & annual returns have been increased to 9% approximately, Currently again the Index has correcting it to near of 7%. What we can expect is that it will be near to 14383.85 till July 31st, 2022. (This is projected...
Expectation based on historical analysis is that Cronos will oscillate against BTC, scenarios: 1. either BTC to rise in value 2. or Cronos to drop in value so that proportionally Cronos to fall below the long-term trendline.
This post is just a review of the Bitcoin historical chart and I do not confirm or reject the findings of this analysis Examining the drop% from its ATH in previous cycles shows that bitcoin has lost 80% of its value. Bitcoin is currently only 57% lower than its ATH. If this criterion is correct, Bitcoin should go another 23% lower than its ATh. That would be...
Welcome back! Here's an analysis of this pair! **NZDCAD is about to retest a key structure level which implies the likelihood of a move up. Expect buying pressure to come in at the level. Our target is 8228! What are your thoughts on the pair? We'd love to hear it in the comments! Don't forget to click "Follow" on our profile if you'd like these trade ideas...
In bear markets, the potential for upswings are immense. I am not saying this market is done falling... Yet. I believe $BTC around 26K is a great opportunity to buy and hodl. Since 2012, all major BTC crashes have net averaged ~ -63%, with most around net ~ -50%. We are now down about 63% from BTCUSD highs in early November 2021. I think now (If generally a...
We can estimate with a 86.2% confidence that the volatility for today is going to be below 2.95% For this the market will stay within TOP 170.91 BOT 161.12 At the same time We can estimate with a 81% confidence that the volatility for today is going move more than 0.44% For this the market will stay above the TOP 166.75 BOT 165.28 From the fundamental point of...
Hey fellow traders, just a reminder to see the big picture... Look at the historical trading volume which is below us (actual price 38,5k atm) and the number of supports from them... Now imagine how much of a sell effort would that be to break all of them? Is it realistic? I feel NOT. Let's wait what FED will have for us next week, how the markets will react...
Detailed is a Chronological view of the the Fed Chairs and how the s&P 500 behaved under each of their terms... I'd hate to be the guy running the show at the top of this channel..
the price is testing historical support on 0.19$ as you can see on the upper chart, where the previous bullish impulse started. On the 4h timeframe, the price is creating a descending channel How to approach? The price needs to hold the support and have a new breakout from the descending channel and static resistance and retest it as new support. According to...
Major support at $31,918. Major confluence from W1 RSI(10), strong oversold at 30 RSI region. Strong confluence from historical data on previous bull runs at major support + W1 RSI confirmation. BTC fundamentals are strong, industry wide adoption of Crypto and DeFi. I'm eyeing a 10x margin long to target 100% ROI and a 100x Perp. Futures trade on Binance. DYOR....
PRO TRADER : Do you see the HISTORICAL EDGE? NEWBIE : silence ... PRO TRADER : Ok, we got a 10day low yesterday. Today the SPY gaps up and closes positive on the day. This close is above the 200MA. ⬇️ ⬇️ ⬇️ RESULT ⬇️ ⬇️ ⬇️ 🔱 This setup has occurred 40 times since 2007! 💎 🔱 The 1 day move from here has had 77.5% chance of being bullish 🟢 ( aka higher for the...
PRO TRADER: Do you see the HISTORICAL EDGE? PRO TRADER: Yesterday was the last trading day of the month. We closed above the 200D Moving Average. NEWBIE:... silence .... PRO TRADER: We also closed for a second day down and we closed in the lower range of the intraday. NEWBIE: And?! PRO TRADER: This has a significant edge for market. We backtested it since...
My first pass assessment of $eth (the asset). Surely there's not much more is left to wring out of this, in USD terms?
Hello Traders! CADJPY is near the highest levels since 2015. The pair could reach as high as 95.00 area. We'll be monitoring for rejection of the trend line resistance and will short if all our rules apply. Targets are 94.40, 94.00, 93.00. What do you think? Let us know in the comments and please support this idea with a "like" if you find it useful. Trade...
Even after a week, there is still nothing new that has happened across the markets in terms of price appreciation. In XRP-BTC pair we had some appreciation towards XRP (will show later in the update of this idea). It is hard to say where BTC might be going right now (setting a new low or not) but looking at the XRP i still see green price area to get revisited at...