BONK is on the verge of creating a double top, with a possible retracement target at $0.0000193, aligning with the 0.5 Fibonacci retracement level. It appears significantly overvalued. In my view, this meme coin bubble is poised to burst soon.
If you haven`t bought MATIC before the rally: Then using the Fibonacci Retracement tool, I believe there will be a new buy opportunity in the $0.92- $0.98 range!
If you haven`t bought TMC before the previous earnings: Then analyzing the options chain and the chart patterns of TMC the metals company prior to the earnings report this week, I would consider purchasing the 1.50usd strike price in the money Calls with an expiration date of 2024-4-19, for a premium of approximately $0.27. If these options prove to be...
MANA can get rejected and go lower from 0.7053 🔵Entry Zone 0.6837 - 0.7053 🔴SL 0.7250 🟢TP1 0.5982 🟢TP2 0.5188 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with...
Hello, dear friends! Let's dive into today's gold price together! Yesterday, gold experienced a downturn, adjusting after reaching an all-time high. The price is currently hovering around $2175 USD, marking a $30 decrease from the day before. The retreat in gold prices coincides with the resurgence of the US dollar. A shift towards risk-taking and a diminished...
Hello friends! Let's delve into today's glitter of gold prices! In the News: Today, gold (XAU/USD) struggles to leverage its recent bounce from the 100-hour Simple Moving Average support around the $2166-$2165 range. Instead, we're seeing a dip in the Asian session this Friday. Despite the Federal Reserve's policy update on Wednesday, investor focus is drifting...
Following XRPUSDT's breakout above the descending channel, unmistakable signs of an uptrend have emerged: Higher Highs and Higher Lows: Price action is consistently printing higher highs and higher lows, indicative of upward momentum. Support Zone Transformation: The previous resistance area has successfully transitioned into a support zone, reflecting...
Silver (XAGUSD): OANDA:XAGUSD In Silver, we believe we have formed the low with Wave 2 at $21.93. Since then, we've developed Waves (i) and (ii), and now likely Wave (iii) as well. It appears we've caught up with Wave (5) at the 50% extension level at $25.36. Should we now drop for Wave (iv), we expect it to be in the range between 38.2% and 61.8%, more...
Gold weakened after lower-than-expected unemployment claims and manufacturing PMI rose, the focus turned to Chairman Powell's speech today. During the March 21 session, gold prices were under pressure when the number of applications for US unemployment benefits was lower than expected and the manufacturing PMI index increased. The precious metal dropped sharply...
TRX has been crawling upwards ever since the FTX collapse in November 2022. Many alts have outperformed TRX, but TRX is one of the few who's been in a perpetual uptrend since the FTX fiasco. In this analysis I want to take a look at the bullish triangle on the chart. The signal assumes that the price will break through the top resistance and continue to move up....
Let's see what's going on in the USDJPY chart. Buyers couldn't push the price up in the last rise and the index hit the stops over the resistance zone. Now, it can fall to the previous important zones.
Hello friends, let's delve into USDJPY. The US Dollar Index (DXY) has hit a one-week low as the Fed hints at three rate cuts this year. Meanwhile, the Bank of Japan (BoJ) maintained its accommodating financial stance early this week, without signaling any future policy steps or normalization pace. Additionally, the prevalent risk-on mood may deter traders from...
Hello, dear friends, Today, EURUSD is experiencing a resurgence as the US Dollar weakens following yesterday's interest rate announcements from the Fed. The pair is currently trading at 1.093 and is expected to continue its upward trajectory now that it has completed its correction and rallied after retesting the two EMA lines. If the momentum remains favorable,...
Greetings, cherished companions, Today, gold is trading steadfastly above the $2200 mark, sustaining its upward momentum with a recovery of nearly $18 in the early trading hours. Yesterday's news brought another round of optimism as the Fed Chairman hinted once again at potential rate cuts within the year, bolstering traders' confidence and triggering a flurry...
Today's Gold Trading Strategy: On the global market today, gold prices have soared to a new peak of $2,197 per ounce, marking a significant increase of $40 per ounce from early morning. This has set a new record for the highest price in history. The meteoric rise in gold prices comes as the Federal Reserve opts to keep interest rates stable in its latest...
Visa (V): NYSE:V Visa, a key player in the financial sector, is currently in the overarching cycle of Wave (5). It appears we've concluded Wave (4) at $174.60 and are on the path to finalizing Wave (5). However, this process will take some time, as we are now in a subordinate Wave 3, which is on the verge of completing a circled subordinate Wave...
My dear friends, NZDUSD looks like it will make a good move, and here are the details: The market is trading on 0.6045 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.6094 Recommended Stop Loss - 0.6021 About Used...
My dear followers, This is my opinion on the GOLD next move: The asset is approaching an important pivot point 2154.0 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 2159.8 About Used Indicators: For more efficient signals,...