BINANCE:BTCUSD reaches a strong $71500 liquidity zone as strong ETH-ETF related news is released. A trap from the market maker catches the crowd off guard and now the market is ready to move on Toretically, the correction wave ends after the false breakdown of resistance and liquidity zone 71500. Bulls successfully hold the defense above the support 67241....
FX:XAUUSD after a false breakdown of the support of the range is forming a correction, but within the upward consolidation channel. The fundamental background is still negative. There is no strong news in the next two days, so the fundamental background remains the same. There is no strong buyer on the market yet and thus, gold may continue its downward...
After Mt. Gox moved $840 million in Bitcoin to a new wallet , Bitcoin started to fall. Bitcoin has managed to break the lower line of the ascending channel . According to the theory of Elliott waves , it seems that the next corrective waves have started . I expect Bitcoin to fall at least to the Potential Reversal Zone(PRZ) . Note: An important point...
For the coming week, both buyers and sellers have a specific task: some have to lower the price of #BTCUSDT as low as possible to break down the structure, while others have to raise it to break up the stops of shorts positions 🔼 CRYPTOCAP:BTC buyers are currently looking stronger, and if they manage to defend $67000-67300, they may start attacking and...
GOLD is at its all-time high levels and will continue in the price discovery action. Why? On the chart, you can see a cap and handle formation that is currently breaking out on the monthly chart. This is a huge event for gold, and therefore the price can double in a few years from now. Does it mean that we will see a multi-year bull market? Definitely yes. This...
After overnight short orders hit TP: 2343 this morning, gold has been fluctuating within the 2340-2345 area. Judging from the current gold trend, the downward trend of gold has slowed down, and it has rebounded again in the short term and exceeded the 2340-2345 area. But the weak situation has not changed.There are two voices in the current market. One is that...
AMEX:SPY May 29, 2024 15 Minutes The steep fall from 533.07 to 524.73 is getting sorted out. Sideways consolidation. For the risefrom 524.73 to 530.5 AMEX:SPY has retraced nearly 61.8%. Consider the last rise from 527.11 to 529.8 holding 528 levels i have a target 530 - 532 levels and on downside if 527 is broken possible target is 524-525 levels. So being...
High flyer for the year with a decent dip now. Major support here with a Golden Genesis fib. Good possible long entry with SL just below. $ 34.74-35.50 is the immediate support. $ 33.01-33.21 is next support but minor. $ 25.66-25.81 way below is ULTRA strong. =======================================
Note that this is the 3rd time that I have suggested to short NVDA. The first time we were fortunate as price gapped up and thus the trade wasn't taken. The 2nd time was stopped out yesterday. And this is the 3rd time that I am calling for NVDA short. The risk-reward ratio is good. Keep it tight.
With expected continuation of the bullish trend on the EURUSD pair, we take note of price action upon entry into a previous resistance turned support region that co-incides with the "Golden Zone" on the Fib. This might be the perfect re-entry into "Long" for traders that closed positions after the previous "bull run". We wait and see what the market gives to us...
We can attempt to buy SUIUSDT from specified level as 0.5 FIB , HL intact. SL , TP mention in chart.
Bitcoin is preparing for a pretty significant crash (in June). Why do I think so? We need to look at the previous price action because in May, Bitcoin pumped by 25%. If we take a look at May's price action, we can see that the uptrend created a FVGAP at 62k, and these gaps tend to be filled sooner rather than later. This is, of course, not the only reason why I am...
With a rounding bottom reversal in the daily chart, PEPE creates a massive bull run, creating a new all-time high. However, as it ends Monday on a 4.26% positive note, an intraday pullback of 4.25% is visible today. The pullback undermines yesterday’s jump and warns of a correction spree in the coming days. As per the Fibonacci retracement levels, the meme coin...
Good morning Traders ☕️ I am back and ready to share my analysis with you guys. Thank you for all the messages and if you like my TA and what you find on my profile don’t forget to like/boost the analysis 🙌🏻 I have marked 2 zones where I believe gold will react based on my analysis. Make sure you do your own TA before you trade mine as my goal is to help trades...
Local resistance that we need to break 1.22 to 1.24 Local support that needs to hold 1.14 to 1.12 Failure to hold 1.14 to 1.12 level, then we might retest 1.07 to .98 area Levels of Interest: 1.07 - 4H FVG (fair value gap) 1.04 to .98 - single prints & HVN (high volume node)
BTCUSD is holding key golden fib resistance during this uptrend since October 2023. 2W Heiken Ashi doji just printed as well, similar pattern as earlier in januar 2024. We are going much higher, 100k is just the first stop.
There is only one thing worth noting on the #APTUSDT chart: the APT price is consolidating above the strong mirror level of $8 🔼If everything continues in the same vein, #Aptos holders can expect an upward trend to emerge soon, with the first target at $13.6 🔽But do not get euphoric, you need to keep your mind cool, because if sellers manage to fix the #APT...
Some of Mt Gox Funds (MT Gox funds refer to the assets held by the bankrupt Bitcoin exchange Mt. Gox. Once the largest Bitcoin exchange in the world, Mt. Gox declared bankruptcy in 2014 after allegedly losing millions of Bitcoins to a hack. The remaining funds are now being managed to repay creditors.) have been moved overnight, not the first time we've seen this...