Mihai_Iacob

Mihai_Iacob Updated 

In my post from yesterday, I pondered whether the bulls still possessed the strength to drive the price to the psychological level of 2300, and indeed, they did. Following a brief intraday dip, precisely to the 2267 support level mentioned in yesterday's analysis, buyers swiftly regained control and, as anticipated, propelled the price to 2300. However, at this...

Mihai_Iacob

In my previous post about KUCOIN:MPCUSDT , I mentioned my strong interest in this project and my intention to buy for at least a 3x profit. In a subsequent post, I plan to delve deeper into the project's fundamentals to better understand why it might be a worthwhile investment. However, for this specific post, I will focus on its recent technical analysis. The...

Mihai_Iacob Updated 

Yesterday, after initially rising to 2277, the price began to correct. Following an initial drop to support, bulls regained control during the US session, closing the day with yet another all-time high for $OANDA:XAUUSD. During the Asian session last night, once again, the initial drop was met with strong bids, leading to a quick price recovery. These...

Mihai_Iacob Updated 

I understand the title may seem bombastic and possibly clickbaity, but in my view, there's a solid case for OANDA:XAGUSD potentially rising by $10 in 2024. Here's why: Observing the chart, unlike OANDA:XAUUSD , Silver has been trading within a range for precisely a year now, failing to establish new highs. However, on a positive note, since the pandemic low,...

Mihai_Iacob Updated 

In my post from yesterday regarding OANDA:XAUUSD , I mentioned that while a correction is possible, it should be viewed as a buying opportunity to align with the overall bullish trend. Indeed, after a brief consolidation and a test above 2260, Gold experienced a rapid drop to the 2230 zone. However, it quickly reversed course and closed the day with a new all...

Mihai_Iacob

Since the beginning of December last year, FX:GBPUSD pair has been trading within a range bounded by 1.25 and 1.28. In early March, the pair experienced a break above the upper range boundary. However, this break ultimately turned out to be false. After returning to the familiar range, the pair formed a significant bearish engulfing pattern on March 21st....

Mihai_Iacob

Without a doubt, BINANCE:PEPEUSDT and BINANCE:BONKUSDT are two of the most loved meme coins these days. While I don't recommend trading them with scared money , there's certainly money to be made, especially given their technical nature. In Pepe's case, as illustrated on the chart, there was over half a year of accumulation, forming what appears to be an...

Mihai_Iacob

With March ending on a new all-time high at 2233, the first day of April brought about another surge of 300 pips, leading to the question: is it time to sell? To be honest, there's no easy answer to this question. Since last Monday, OANDA:XAUUSD has indeed risen by more than 1,000 pips, and a correction could occur at any time. The main issue lies in...

Mihai_Iacob Updated 

In my analysis of BITSTAMP:BTCUSD yesterday, I mentioned my expectation for a new all-time high from Bitcoin in the near future. However, during yesterday's trading session, the price once again failed to surpass the 72k mark, raising some doubts about my outlook. Firstly, after breaking above the 68k zone and retesting it, I anticipated a new local high....

Mihai_Iacob Updated 

I've written many posts and made videos expressing my belief that XauUsd will reach a new all-time high (ATH) this year. Now, the question is, will it start with all-time highs this month? In my opinion, it will. But let's begin with why I'm quite certain that Gold will reach an ATH this year. It's relatively straightforward when you examine the monthly chart....

Mihai_Iacob Updated 

Yesterday, OANDA:XAUUSD tested 2.2k once more and is rolling back down. As explained, the trend remains bullish and we could expect a rise above this important level. However, although 2150 is the key level for the bullish trend, at this moment, we should watch closely the 2180 short-term trend line. My strategy remains to buy dips as long as the 2180 zone is intact.

Mihai_Iacob

In my analysis of BITSTAMP:BTCUSD from March 17th, I pondered whether Bitcoin's bullish trend should cause concern for its bulls. I concluded that there was nothing to worry about and highlighted the importance of the 62k zone, suggesting that buying within that zone would be advantageous. As anticipated, the price reversed precisely from that zone and even...

Mihai_Iacob

In my Monday analysis, I emphasized that as long as the price of OANDA:XAUUSD remains above 2150, its bullish momentum persists, potentially leading to another test of 2.2k. True to this forecast, the price adhered to the pattern, briefly dipping during Monday's session, only to retest the 2.2k mark again yesterday. Currently, the price stands at 2190,...

Mihai_Iacob

In my previous post on FX:EURUSD , I mentioned that the pair likely peaked in the 1.1 zone, and rallies above 1.09 should be sold. As anticipated, the pair declined following another attempt to rise above 1.09, and it is currently trading at 1.0818. I maintain my belief that further downside is probable, with 1.07 remaining my target. Therefore, my strategy...

Mihai_Iacob

Last week, after establishing a solid foundation in the 2150 zone, OANDA:XAUUSD experienced a rapid ascent, reaching a new all-time high at 2222. However, profit-taking ensued, causing the price to retreat below 2200. Despite a 700-pip drop, the overall structure remains bullish above 2150. Consequently, my strategy entails buying dips in anticipation of a...

Mihai_Iacob

Today, we delve into the revolutionary world of Partisia Blockchain, touted as the most advanced zero-knowledge blockchain technology. Partisia stands at the forefront of trust, transparency, privacy, and lightning-fast finalization. At its core, Partisia aims to establish a Web 3.0 infrastructure devoid of a single point of trust. Leveraging secure multi-party...

Mihai_Iacob Updated 

In my previous analysis of BITSTAMP:BTCUSD , I expressed my expectation for Bitcoin to reach a new all-time high, which indeed occurred as the price broke above 70k and sustained that level for several days. However, following a brief test around 74k, the price began to decline and fell back below 70k. Now, a crucial question emerges: Is this a change in the...

Mihai_Iacob Updated 

In my previous analysis of FX:EURUSD , I mentioned that once the pair breaks and stabilizes above the 1.08 zone, we could expect a rise toward 1.1. Indeed, that scenario played out, and after reaching a high near that zone, EURUSD began to correct. Currently, the pair is trading near an old resistance, which has now turned into support. Typically, we would...