Hello dear traders! Recently, BTCUSDT has been struggling to recover as it is currently trading at $62,463 and marking a 0.77% drop on the day. But at the same time, a double top pattern is gradually forming, signaling a potential correction that could break out of the trendline mentioned on the H4 chart. Current channel support is at $61,500, immediate...
BTCUSD trading ideas: Breaking out of the falling wedge has sparked an impressive price increase for the product. However, there are signs of a potential top at $65,490 that has caused the product to fall over the past several days. Currently, the price is fluctuating below the Major Resistance currently at $63,500. The whale's movement comes at a time when the...
Hello wonderful friends! Overall, after a sustained decline, XRP price found support near the $0.4865 area. A low was formed at $0.4864 and the price is currently attempting to mount a recovery wave, just like Bitcoin and Ethereum. There was a move above the $0.4950 and $0.50 resistance levels. On the other hand, XRPUSDT previously broke out above the key...
Hello summary traders! What do you think about XAUUSD's next trend? In terms of macro data: No macro data changed last night. The market will focus heavily on tomorrow's CPI data but first, this evening will release PPI data and then the speech of chairman J.Powell. With PPI data, I mainly pay attention to PPI m/m data and also need to determine that price...
Hello wonderful friends of Ralph Benjamin! Regarding developments and results of EURUSD impact news: A resurgence of bearish sentiment on the US Dollar (USD) fueled a strong reaction in EUR/USD, pushing it to multi-day highs north of 1.0800 at the start of the week . Conclusion and new outlook for EURUSD: EUR/USD recovered the recent gains recorded in the...
Hello everyone! Let's discuss and strategize about SOLUSDT today! On the hourly chart we see the trend changed, then the market moved into a consolidation phase and reached $146.45 and is down 0.68% on the day. The market's resistance area continues to hold the price but in the context of gathering liquidity that is harmful to sellers and gradually approaching on...
The price action of Bitcoin is relatively boring on the higher time frames, why is that? The answer to this question may be that summer is almost here, and statistically, Bitcoin has been going sideways pretty much every summer. Usually, the fun begins in August/September, when the volatility comes into the market. What can we expect from Bitcoin in the...
Hello smart and wealthy traders! Selling activities to take profits and investors waiting for US inflation data caused the market to decline in the first session of the week. Closing the trading session on May 13, world spot gold price decreased by 24 USD to 2,335 USD. During the session, the price at times dropped close to 2,330 USD. Analysts believe that...
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BTCUSDT Trading Strategy: On H1, the price completely broke the trend channel and was completely below the resistance mark of 61,000 USD, showing that selling pressure from bears is strengthening. Accordingly, the price continues to be below the 2 exponential moving average technical signal from the EMA 34.89, which raises hopes of a sell-off. So, it wouldn't be...
Hello traders ,what do you think about GOLD? On Friday, gold entered the correction by reaching the resistance zone of 2380. The correction is expected to continue until the specified zone and then grow to the specified levels. CPI data this week can be the driving force for gold If this post was useful to you, do not forget to like and comment.❤️
BINANCE:BTCUSDT has been showing bullish prospects all week and has been consolidating above key zones, preparing to go higher, but on Friday the market changed to bearish and there is a reason for that. BTC lost 3.3% on Friday and is currently painting a bearish picture. There are two reasons for this: Inflation related news, basically proving that...
Dear traders! Exiting the discount channel has caused product prices to increase impressively. At the time of writing, the crypto market is trading below the next hurdle at $63,485. The uptrend is strong as it consolidates at high levels with steady trading activity on the 1-hour timeframe. By remaining at these high levels, it is likely that $62,000 will be...
Today when US markets open I am planning on taking a large swing put position in NVDA with various deep OTM strikes. Here's the complete case for a NVDA top having been made and the start of a massive mean reversion. For a while I've had the 1,000 area marked out as an important level for NVDA. Not based on it being a psychological level (Tbh, I feel they...
Dear Respected Traders, we hope this communication finds you well. we are convening a discussion focused on #SHIBUSDT THE Decending Triangle Pattern Breakout Has Already Done ✅ So,I Expect a Bullish Move of 50% In Coming Days 🚀 #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT #ALTCONS #USDT CRYPTOCAP:BTC CRYPTOCAP:ETH CRYPTOCAP:USDT
Price is falling towards a support level which is a pullback support that lines up with the 61.8% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 0.1446 Why we like it: There is a pullback support level which aligns with the 61.8% Fibonacci retracement. Stop loss: 0.1362 Why we like it: There is a pullback support...
Too early too say but if it breaks point B then we can see the price at point D in the coming days. Will have to wait 1 or 2 weeks to see this. On the other side if price breaks point C then all the scenerio is cancelled.
Dear Respected Traders, we hope this communication finds you well. we are convening a discussion focused on #FLOKIUSDT THE Bullish Flag Pattern Breakout Has Already Done and Retesting has also done ✅ So,I Expect a Bullish Move of 80% In Coming Days 🚀 #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT #ALTCONS #USDT CRYPTOCAP:BTC ...