AD running a bearish cypher pattern on the 4hr. Also money flow/AD peaking with price action. Price action also hit my 1.618 fib level which is bearish. Money Flow and AD needs to breakout above b leg, however the down trend looks In tact. Short term bearish outlook.
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...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
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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.❤️
PEPE has formed a nice bull pennant, and now is the time to keep an eye on PEPEt! If you're looking to trade PEPE at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.0000084$ and take profits at the levels shown in the chart. Targets: 1. 0.0000088$ 2. 0.0000093$ 3....
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
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...
Price is falling towards a support level which is an overlap support and could potentially bounce from this level to our take profit. Entry: 138.77 Why we like it: There is an overlap support level. Stop loss: 128.26 Why we like it: There is a pullback support level which aligns with the 78.6% Fibonacci retracement. Take profit: 153.98 Why we like it: There is...
As mentioned in previous analysis, I believe the breaking of 60K to be important for BTC. If it is important, we'd be in a bull trap now. Currently we have to classic 76 retracement along with a butterfly correction pattern. Trying a fairly large short on BTC now. Expressed through shorts on BTC directly, OTM puts on COIN and OTM puts on MSTR. If the break...
Pair : EURUSD ( Euro / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Demand Zone Falling Wedge as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line Break of Structure
Price has just bounced off the support level which is a pullback support and could potentially rise from this level to our take profit. Entry: 2858.89 Why we like it: There is a pullback support level. Stop loss: 2728.02 Why we like it: There is a pullback support level which lines up with the 78.6% Fibonacci projection. Take profit: 2992.94 Why we like...
DePIN (Decentralised Physical Infrastructure Networks) is a rapidly growing sector that combines physical resources such as industrial equipment, vehicles and energy systems with blockchain and crypto-economy technologies. Using DePINs, people can share and manage resources, enabling the creation of decentralized networks that can provide a variety of services...
huge moves are coming, huge gains will be made. patience, and dont be overleveraged. goodluck guys
Judging from the daily chart, ETHUSD has fallen back in recent shocks, and the short trend has taken advantage. The short-term market downside risk is still relatively large, and the market outlook is expected to fall towards the $2,400 mark. When the market falls to around 2400, you can pay attention to the potential bullish bat pattern.
Hope all of you having a great weekend, Today we will be having a look at GBPJPY, the pair was extremely bullish since January as YEN plummeted at the record low. BOJ decided not to change its interest rate policy and decided to kept the rate as it is, leading fear within the investors which lead yen to plumment even further. However, price dropped significantly...
Ethereum (ETH/USD) is falling towards the pivot and could potentially bounce from this level to the 1st resistance. Pivot: 2,863.34 1st Support: 2,744.38 1st Resistance: 3,048.22 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...