💥GOLD information Gold has just set a new all-time high, as investor demand across the entire market skyrocketed due to growing confidence that the US will cut interest rates this year. Gold bars rose 1.1%, reaching $2,450/oz early in the European session, surpassing the previous record set in April. This price increase is said to be due to traders becoming...
🔍Let’s dive into today’s analysis. The market is currently resting in an uptrend, and the coin we will analyze today is one of the most reputable projects in the DeFi space—Uniswap (UNI). As a decentralized exchange, Uniswap is among the oldest and best platforms, trusted by many whales and widely accepted in the crypto community. ⏰In the 4-hour time frame,...
Good Morning and I hope you are well. This is my weekly outlook, written yesterday evening. So market already made the new ath and now I wait to see if they want to squeeze higher or we hit a hard wall for big players to continue to unload. gold futures Quote from last week: bull case: 2285 was the low last Friday and this week held above it and my two...
overall market comment This week we found out how high the squeeze could get and markets made new all time highs. PPI was bad but market rallied anyway and bears gave up on CPI numbers. We are at the highs where we saw a bigger sell-off in April and it’s more reasonable to look for shorting the double tops, than betting on another melt-up for the biggest asset...
1) The stock is in uptrend in all major timeframes. 2) The stock is in weekly consolidation since JAN 2024 - 4 Months old weekly consolidation. 3) The stock shows strong volatility contraction in Daily, looks poised for breakout. 4) Weekly,Daily,4H & 75 min RSI Intact - Momentum in play. Entry around 230, Best - Between 215-220. SL - 214 Daily closing...
Good Morning and I hope you are well. bitcoin Quote from last week: bull case: We are at support until clearly broken. Bulls got a two legged correction which was very shallow and weak. They have no arguments on their side besides the previous resistance one. Best they can hope for is more sideways movement until the 1h 20ema comes closer - currently at...
1) Stock is in uptrend in all major time frames. 2) Weekly is reversing from a pullback. Last week - weekly candle confirms reversal. 3) Daily price action as well confirms reversal, moved out of range. 4) RSI just hitting 60 in daily, RSI in lower timeframes apt for entries. My entry : 520. SL : 493. Target : 613.
Silver has broken out of a 4 year old resistance and it has a potential of about 100% ROI in the long term to touch it's all time high. RSI, Momentum and Trend intact and as the consolidation breakout is after 4 years, the price move would be significant, expecting a minimum 30-50% ROI. I would consider Silver Bees to invest.
1) Stock is reversing from a 6 weeks old consolidation at a major weekly support - Previous low. 2) Stock is in uptrend 3) Daily is showing Bullish RSI Divergence. 4) Daily Price indicates compression Breakout as well. My entry - 350 Target - 400 SL - 325 RR - 1:2
Varroc Engineering presents a compelling case for a potential swing trade, backed by several key indicators. Reasons are listed below : After multiple tests, Varroc Engineering broke through the crucial 500 level and is now retesting it, indicating a potential shift in market sentiment. A doji candlestick formation on the weekly timeframe and a bullish...
🔍Let’s dive into today’s analysis. Bitcoin continues its correction phase from its recent uptrend, and with the weekend ahead, we anticipate the market will remain range-bound. Today, our analysis focuses on NEAR Protocol, one of the top crypto projects ranked 17th in the market. This project serves as infrastructure for other crypto projects and is trusted and...
Market closed strongly last week after reaching a new historical high. There was some sluggish consolidation on Thursday-Friday but near end of Friday trading hours, bulls put end to it by setting hourly higher low. Friday closed within Thursday’s range after a failed break-out, which is a very bullish signal. Currently, we have full alignment on all major...
dax cfd Quote from last week: bull case: Bears gave up since Monday and we melted 800 points higher. I got 2 measured move targets above, 19280 and 19650. Technically we should see a pull-back first and depending on how deep it is, we can calculate new targets. I think next week everything will be determined by the PPI and CPI prints. If they come in low, I...
dax cfd Quote from last week: bull case: Bears gave up since Monday and we melted 800 points higher. I got 2 measured move targets above, 19280 and 19650. Technically we should see a pull-back first and depending on how deep it is, we can calculate new targets. I think next week everything will be determined by the PPI and CPI prints. If they come in low, I...
EURCAD formed a nice bullish flag pattern on an hourly time frame. During the NY session, the price went up and violated a resistance line of the pattern. The market may keep growing on Monday. Goal - 1.482 ❤️Please, support my work with like, thank you!❤️
see and watch :) After a sharp upward move, the price has been correcting for a few months and it seems that everything is ready for the second leg of the move...
The last bullish move was quite strong, with the price moving above a large consolidation zone from March to April. Now, we have something that looks like a bull flag—the price is crawling slowly down, finding some support near the consolidation POC. This is a very tempting opportunity to enter a LONG position with a potential upside of 15% or more. However, it is...
🔍Bitcoin is at a critical juncture that could signify either the start of a new upward trend or a rejection at resistance levels. As the most popular coin in the market, Bitcoin needs no introduction. Even a single day of activity in the market would make one familiar with Bitcoin and its significance. 🧩Let's dive into the analysis and explore the potential...