Bitcoin is currently testing very strong resistance, if we manage to close above 62k and stay there for few days, then new ATH will probably be inevitable. On the other hand, if we see rejection from current level, price will very likely drop down to 50k. 50%/50% IMHO.
In the big picture, extremely BULLISH. Bonk is still a baby, his future is still ahead. It can be seen that the bonk coin follows the logical rhythm of btc, which is important to me. The last three waves have been logical and also the unfinished fourth. Gives the probability that the next waves will be in the same rhythm. I tried btc 100k+ to see what level bonk...
Greetings Traders, As we anticipate the NFP news, there's potential for a bullish draw in the market. GBPUSD continues to exhibit bullish institutional order flow, suggesting a move towards the H4 Buy Stops and the Weekly Bearish order block, serving as liquidity draws. Currently, I'm eyeing a buy side draw off the m15 order block, where I'll be seeking a...
In the Asian market on Friday, gold traded sideways at the important 2300 mark; on Thursday, the price of gold staged a rebound of over US$20 during the NY session. The U.S. dollar index fell sharply from its intraday high of 105.90, which provided gold prices with rebound momentum. In addition, tensions in the Middle East also attracted some safe-haven buying....
The price of gold fell nearly $50 on Tuesday, reaching a new low of 2285, as the Federal Reserve decision will be ushered in on Wednesday, and the market expects that the wording may be hawkish. The dollar and U.S. Treasury yields rose, which significantly suppressed the price of gold; despite strong safe-haven demand and central bank buying Gold prices continued...
Crude Oil Technical Analysis Daily resistance is 85.7, support below is 83.4-80 Four-hour resistance is 85.5-85.7, and support below is 83.4-82.5 Crude oil operation advice: Yesterday's volatile market ushered in a deep v bottoming and rebounded. The Asian and European market prices were under pressure and fell back to the 83.3 mark. The US market stepped down...
After seeing NVidia's reaction to there event, SMCI falling and a dead cat bounce. I truly have high hopes for AMD, BUT as we see in the volume profile levels there are gaps to be filled on the downside. But, another thing to take into consideration is the chips act is awarding grants and loans to these companies now. Good news could be the only thing that makes...
My plan here is very clear and labeled. This is a strong turning point for china as the US markets are starting to roll over, this can be a great opportunity for china stocks to rocket and Biden trying to limit our ability to purchase them.
Developed in the 1930s by Ralph Nelson Elliott, Elliott Wave Theory proposes that markets unfold in a series of five-wave impulses followed by three-wave corrections. These "waves" represent the collective emotions of investors, shifting from optimism and bullishness (impulsive waves) to fear and bearishness (corrective waves). The Anatomy of a Wave: Impulse...
Ok we are nearing the top floor of this trip Our trip down will be a little more "hurried" than our trip up Buckle Up! P.S. if you don't like to ride the elevator down then there is another one about to head up over on TLT :)
Today, we will be analyzing LinqAI (Ticker LNQUSDT). Launched at a price of 0.0035 on February 27th , it has already surged over 2000%. Despite having a relatively low market cap of only 20 million, this project is considered one of the most promising AI ventures for the anticipated BTC bull run towards 100k+. Positive Fundamentals 👇: Team : The team is...
Hello traders! Let's revisit the CADJPY chart and provide an update since I shared the idea on August 17. It's time to clarify things. Our focus is on CADJPY, where an interesting Cup and Handle Pattern is taking shape on the daily chart. For a more in-depth understanding of Cup and Handle patterns, you can check out additional resources here:...
Hello traders! Let's delve into a promising trading setup on the GBP/USD pair. On the daily chart, GBP/USD has formed an ABC bullish pattern, indicating a potential upward movement. The pattern is accompanied by a 50% Fibonacci retracement level, adding to its significance. Entry Level: The long entry level (EL) is identified at 1.2428. The price is currently...
DOTUSDT.P is trading in symmetrical triangle pattern and recently forming Bullish Divergence on 2hr time frame. and also break the pattern, but still we will wait for the breakout of the previous LHs for the confirmation of the bullish Trend and take a long ride.
I think this cycle can reach 3 Target 135,000 has arrived When everyone is talking about heavy shedding, move with the whales' wallet TURBOUSDT BTCUSDT
#HFT The price is moving in a bearish channel on the 12-hour frame and is sticking to it well The price rebounded well from the lower channel border at the green support level 0.2900 We have a tendency to stabilize above the Moving Average 100 We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise Entry...
#XTZ The price is moving in a 4-hour channel and sticking to it well The price rebounded well from the lower border of its neck at the green support level of 0.910 We have a tendency to stabilize above the Moving Average 100 We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher Entry price is 0.910 The first...
showing Higher High Higher low Taken 45838 support will sustain ? trendline support 45340 RSI daily below 60 and weekly also 60 (major weakness) 200 EMA 44900 another support 45600 as yesterday low