This chart is based on historical data and is logarithmic. I believe that the correct fit is a square root function in the logarithmic chart, meaning that the growth is slowing down on long timescales. BTC cannot continue to grow exponentially; this would lead to insane prices of many millions in 2025. While I am a long-term Bitcoin bull, one has to remain...
Technical Analysis of Gold: The price reached our previous target of 2327 and then reversed. Closing a 4-hour candle above 2344 suggests it will likely reach 2354, with the potential to touch 2369 as well. However, if the price remains below 2344, it indicates a drop back to 2327 as the first target. Pivot Price: 2344 Resistance Levels: 2354, 2369,...
#GOLD... Market at his one of the most important area that is 2363 64 Keep close that area , that is your key level in tomorrow. If market hold it then again drop expected from here. Otherwise not... Keep in mind that above 2363 64 is CUTT n reverse area on confirmation. Good luck Trade wisely
#GOLD... well guys market very well holding his supporting area and bounced back.. now we have 2357 around day resistance and weekly resistance. Keep close it and if market tholdit them gain drop expected from here Good luck Trade wisely
The current analysis indicates a Bearish trend for OANDA:XAUUSD , provided it stays above the PIVOT LINE at 2360, and it's possible to touch 2369 as well then it'll start the bullish trend. The prevailing Bearish pressure suggests that if trading remains below 2360, the trend will continue a strong downward till 2330. Key Levels: Bullish Line: 2376, 2397,...
We are in favor of buying gold in this area and expect its rise this week and then its decline from a specific area
#USOIL.. market placed lows around 76 77 And bounced back.. now we have 78 around as a immediate supporting area and if market hold it means further highs are in table. Keep close it guys and don't be lazy here.. Good luck Trade wisely
#BLZUSDT.. for crypto traders keep close that coin BLZUSDT and keep in mind that is at his supporting area. 0.2500 around. Keep close it because that is most important support of the week. If coin hold that level then again bounce expected from here. Buying invalidate only below 0.2500 Good luck Trade wisely
The decline from 160.24 high subdivides into five waves. This move is significant as it identifies the dominant trend as down. The technical name for this pattern is a leading diagonal. The subsequent three-wave price action unfolding in USD/JPY supports this bearish conviction. Countertrend price action commonly subdivides into a three. It is often slow, choppy...
Dear Traders, We are convening a discussion focused on #FSXUSDT The Trendline Breakout Has Already Done ✅ Bouncing Back From Support ✅ So,I am Expecting a Bullish Move of 110% 🚀😉 #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc #cryptotrading #cryptonews #eth #cryptocurrencies #nft #bitcoinnews #bitcoins #trading #bitcoinmining #forex #binance...
#USOIL.. well guys market strong bounce from today supporting area and now placed a high near to today resistance area. keep close it guys because if market hold it then again drop expected from here, dont be lazy. good luck trade wisely
Gold prices fell to a one-week low on Thursday, marking the third consecutive session of decline. This drop is attributed to profit-taking following the release of the Federal Reserve's latest meeting minutes, which suggested that interest rates would remain elevated for a longer period. Technical Analysis of Gold: The price of gold declined after breaching...
Trading Plan for Friday, May 24th, 2024 Market Sentiment: Uncertain, as the market has transitioned from a rally to a short-term dip. Bulls are attempting to defend key supports, while bears are looking for further downside continuation. Key Supports Immediate Supports: 5265 (major), 5253 (major) Major Supports: 5230-35 (major), 5202 (major), 5177 (major) Key...
Technical Analysis of Gold: Continuation of Bearish Trend with Key Levels The price maintained its bearish trend from yesterday, as indicated in our previous analysis starting from 2369, successfully hitting all our targets. The downward pressure remains intact, aiming for 2327 and 2304, provided the price continues to trade below 2354. A retest up to...
xauusd faced the largest one week drop in last 5 months. the exact reason for this can be elicited as many. 1) soon there will be no change in interest rate of us dollar and its decided as it is may happen by september not in june 2) strong us job data 3) lot of positive economic news from usa which powered dollar 4) in last two months xauusd was over brought...
S&P 500 Falls 0.7% Amid Investor Uncertainty The S&P 500 OANDA:SPX500USD declined by 0.7% on a subdued Thursday as investors adjusted their portfolios amid fluctuating market sentiment. The trading session was marked by an uneasy atmosphere following the release of the Federal Reserve's latest meeting minutes, which indicated that central bankers are not in...
#ONDO Breakout this bullish pennant pattern and currently retesting the support, and then we can expect a potential rally. Technically, as per the pattern, we can expect almost a 150% rally. Entry: CMP and add more up to $0.848 SL: $0.77 DYOR, NFA #Crypto LSE:ONDO
Crypto Market Liquidations Top $330 Million in 24 Hours, Led by Ethereum As Bitcoin and Ethereum prices surged toward new all-time highs, short-term traders have borne the brunt of liquidations. In the past day alone, over $330 million was liquidated from the crypto market, primarily affecting short traders who anticipated a price decline. **Over 78,000 Traders...