Bitcoin is trading at $61,072, demonstrating a slight upward momentum of approximately 0.47% within the last trading session. The market is showing signs of volatility as reflected in the recent price movements and the overall trend direction. The Ichimoku Cloud on the 4-hour chart indicates that Bitcoin is currently trading within a consolidation phase. The...
Dxy moves in a bullish channel , and to thrive in the moves , the following marked out zones will be hedged.. .follow for more insights , comment , and boost idea .... THE NEXT IDEA will be updated in the comment section as you follow ✨
The details are self-evident on the chart ... been following this guy since the beginning. An end of an era or maybe just a slight reset until what's next reveals itself in the charts. Fib extension of 2.272% maxed out at the top. If you're a believer, plan your next steps accordingly. And, enjoy every sandwich :)
Yesterday I said that if the Bitcoin price breaks through 61800, the downward trend may be reversed in the short term. Yesterday the price broke through 61800 and then fell back to 61800 and continued to rise. The highest point was close to 63900. The price is currently correcting. Judging from the 60-minute chart, the price has stood above the 20-day and 50-day...
Control changed hands in the gold space (XAU/USD) last week; buyers strengthened their grip, adding +2.5% and snapping a two-week losing streak a whisker off all-time highs of $2,431. Technicals Favouring Buyers Last week’s move was (technically) aided by support on the daily timeframe coming in from $2,280, a level which the Research Team were watching...
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Stock name = Dolat Algotech Limited. Weekly chart setup Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Master Score - B Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling...
Currently on XAUUSD price has rejected the 4hr inverse fair value gap + the 4hr extreme fair value gap also closing below both of them indicating a very powerful resistance level
While the overall consumer spending in bangladesh has been declining, Smartphone sales was three times lower. overall there is a huge liquidity waiting below all time low.
These regions are neither long nor short regions under normal conditions because there is a retreat within the rising trend. I prefer to trade in the direction of the last volume movement. I will make an experiment from the region where the last movement occurred.
If we can hold 1.65 here, ZETA could spike up to the nearest inflection point which is around 1.94 to 1.98
hard days for my bearish plan. even my scalping hit SL, haha let's move on and find a new signal. i know that we are in the midle of downtrend, but i see no confirmation to take short instead, i foūnd an ABCDE pattern that is a sign of continuation. i personally think of buy next week. wish me luck!
Bitcoin is in a downtrend channel on the 4H timeframe. Next target is into the next major support demand zone at area 50k-52k.
Remember I shared a setup earlier this week of Australian dollar supply zone? So price respected the supply on friday and caused change of character during New york session. We have internal liquidity of equal highs below supply zone. Which increases our chances of being in the right side of the market. We have CPI release next Wednesday. 🤝 Goodluck
Waiting for a retracement (remember price expands and retraces), if price can create a support by the last high broken and show great 4h or 1h bullish momentum candle. This will be a sign for me to take longs
Gold sold until it got supported in Level 2278.12 Then it performed a valid CHoCH where it broke and closed above level 2342.92 for bulls to continue with an uptrend, there's a possibility for a short term sell once the price break and close bellow support 2352.92
Gold is currently on the 4th wave. Within this weekly wave, it's also at daily 5th wave. We shall see a green weekly close next week. Bullish trend should continue until 2400 where we will see multimonth correction. My trading strategy for Gold next week is buy.