Bitcoin has been moving in an uptrend since the beginning of 2023. By looking at the current price action and using the impulse-correction-impulse concept, we can see that Bitcoin is preparing for another upside move toward 100k. Using Elliot Wave theory, we are now in wave 4 ( Correction ), and what we are expecting is wave 5 ( Impulse ). LONG Entry: - Look for...
Gold price has picked up fresh bids and hit a new all-time high above the $2,350 barrier in Asian trading on Monday. Reducing bets for a June Fed rate cut and easing geopolitical tensions fail to deter Gold buyers amid expectations of a surge in central banks' Gold purchases. From a technical perspective, weakness below the $2,265 area could expose the weekly...
GOLD MARKET ANALYSIS AND COMMENTARY - WEEK 11 - 2024 (March 11 - March 15] ECONOMIC ANALYSIS This week, international gold prices have continuously increased sharply, from 2,079 USD/oz to 2,195 USD/oz and closing at 2,178 USD/oz. The reason why gold prices increased sharply is partly because the US economy created 275,000 jobs in February 2024, higher than...
I invite you to review the chart of ETH in pair with USDT, also on a four-hour time frame. You can see here a similar movement behavior as in the BTC chart, it can also be defined with blue lines, a local channel of an upward trend, in which the price remains for now. Going further, it is worth spreading the fib retracement grid to determine price supports. And...
I'm expecting the ETF buzz to cool off with some sell off down to the $5K mark where I'd enter my position and hold through the up channel for a new ATH in the near future.
I invite you to review the ETH pair to USDT chart by looking at the analysis performed in the last video. And here we can see that the price has broken through the designated resistances, and is currently struggling to stay above the resistance zone from $2,353 to $2,430, only when it positively tests it will it be able to make another upward move. Now we will...
Hello everyone, I invite you to review the current situation on BTC in the USDT pair, taking into account the one-day time frame. First, we will use blue lines to mark the local upward trend channel in which the BTC price is moving at the upper limit. To check where we are, we will use the Fib Retracement tool. And here a strong resistance zone should be marked,...
Hello everyone, I invite you to review the situation of BTC in pair with USDT, taking into account the one-day time frame. First, we will use the yellow line to mark the downward trend lines from which the price has gone up, while locally using the blue lines we can determine the upward trend channel in which the BTC price is currently located. Moreover, it is...
🌸#SOL Analysis : Bullish Trend 🚀🚀 🚀As we can see that #SOL was making higher highs and higher lows. But finally we can see a breakout of flag and pole pattern. It indicates a bullish trend after it retest the inclining trendline. 💲💲 🔖 Current Price: $23.60 ⏳️ Target Price: $25.00 ⁉️ What to do? - We can trade according to the #SOL chart and make some...
Litecoin, often referred to as "digital silver," has been quietly making waves in the cryptocurrency market. A compelling technical pattern has emerged, signaling the coin's strength and potential for a sustained bullish trend. Let's explore the concept of an ascending channel and what it suggests for Litecoin. The Ascending Channel: A Bullish Structure An...
Hi guys! This is an Update on Netflix (NFLX) on the 1 day chart. We are currently at risk of a trend change in the makings due to a breakdown of Major Support. This is a zoomed in look on the daily timeframe. But if you look at my previous idea below, notice the Uptrend Channel that Netflix has been following since June 2022. Todays candle is currently BELOW...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
Hello everyone, I invite you to review the LTC chart on the four-hour interval. As we can denote with the blue lines, the price is moving in the uptrend channel where we are moving towards the lower border. Let's start by marking the support places for the price and for this we will use the trend based fib extension tool, you can immediately see that the price is...
Hii Guys How was todays market analysis what about your day ? & What about your trades ? Are you guys satisfied with my levels Give your precious words in the comment box
BUY ABOVE - 19510 SL - 19470 TARGETS - 19560,19630,19700 SELL BELOW - 19470 SL - 19510 TARGETS - 19430,19400,19340 Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible...
this pair is currently trading in an uptrend. with price currently at support, we would be looking out for a confirmation on the 1hr time frame to go long on this pair.
Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
The NASDAQ is a stock exchange that is home to many technology and growth-oriented companies. When it is said that the NASDAQ is on a "bullish trend" or "uptrend", it means that the overall sentiment in the market is positive, and investors are buying more stocks than they are selling. This can result in a general increase in stock prices. The "DOW theory" is a...