BINANCE:NOTUSDT looks strong both fundamentally and technically, but the hourly timeframe is forming the preconditions for a “Dump” of the coin before a possible further rise. Since the opening (not counting the listing day), the coin has strengthened quite strongly without much pullbacks, which has created a rather large imbalance. In addition, there is a...
FX:XAUUSD is manipulatively declining and catching buyers by surprise (liquidation) before the news. Price may start a strengthening phase from strong support (2330-2325) on the back of weak dollar Traders are waiting for NFP to be released at 12:30 GMT. Yesterday, the market received 229K on Initial Jobless Claims, which generally gives hints of a possible...
The AUDCAD currency pair is currently forming a Bearish Butterfly Harmonic Pattern (XABCD), indicating a potential bearish reversal. Point D, the Potential Reversal Zone (PRZ), is aligned with a key resistance area and intersects a daily trend line, providing a strong confluence for a bearish bias. Potential Reversal Zone (PRZ) and Key Resistance: Point D is...
FX:XAUUSD is supposedly ending the correction wave on the background of fundamentally weaker dollar. ECB rate and US news (Initial Jobless Claims & NonFarm Payrolls) ahead The European Central Bank is expected to cut interest rates for the first time since March 2016 at the end of its June policy meeting later today. Meanwhile, markets now have a better...
Bitcoin once again started to react strongly after entering the Resistance zone($73,800_$71,900) . Although it tried to break this zone😊. According to the Elliott wave theory , Bitcoin seems to have succeeded in completing the Main wave 5 . In the chart, we can also see the Sell signal between 50_SMA(Daily) and 100_SMA(Daily) (it is a Bearish sign...
First off, this is a high risk move because of my competing thoughts w/ BTC having a big move lower soon. But as you can see from the chart, price has formed an inverse head and shoulders and is in the process of breaking out. Should price be able to sustain above the trendline, then it's likely that we see the upper resistance get hit. I think the move would...
corrective move to downside is complete now we target areas of liquidity
Hello friends It is not bad to have analyzes based on price action in our analyzes from time to time. In the currency pair USDJPY we see the breaking of the ascending channel and pullback to the ascending trend line located at the bottom of the channel. One can imagine the scenario of price reduction. Therefore, taking into account the possibility of changing the...
On Friday, June 7, spot gold fluctuated in a narrow range and is currently trading around $2,378.64 per ounce. Gold prices climbed to a two-week high on Thursday, closing at $2,375.60 per ounce, as weaker-than-expected U.S. employment data ignited hopes that the Federal Reserve would cut interest rates later this year, and the market focus turned to the...
And possibly below $10 after that? Most if not all Alt-tokens have returned to their 2017 lows with 95% to 98% corrections since 2021. Pick any token popular at that time: 1) DASH.. 95% correction with a return to $25 in 2023 as it was in 2017. Inflation adjusted, the price should be $19! A bucket of expired sardines in a Norwegian Fish-market has gained more...
$HONK price history and some events key points for new investors. 1. On the evening of 13 April, Iran launched a drone and missile attack on Israel. Altcoins market dumped hard while $HONK recovers quickly, breaks 33 days downtrend and enters accumulation zone where people are not selling below 0.004800 - 0.004550 for around 22 days. 2. On 8 May, selling was...
BINANCE:LTCUSDT COINBASE:LTCUSD Hello dear traders. Follow for more analysis and positions. Long position on LTCUSDT 8H ⏱mid-risk status: 2x - 5x Leverage ⚡️TP: 86.5 87.5 88.5 89.5 90.5 91-92 ➡️ SL: 84 The Alternate scenario: 🔴If the price stabilizes below the trigger zone, the setup will be cancelled.
BINANCE:SUIUSDT COINBASE:SUIUSD Hello dear traders. Follow for more analysis and positions. Long position on SUIUSDT 8H ⏱mid-risk status: 2x - 5x Leverage ⚡️TP: 1.135 1.165 1.20 1.27 1.32 1.356 1.425 ➡️ SL: 1.028 The Alternate scenario: 🔴If the price stabilizes below the trigger zone, the setup will be cancelled.
FX:USDJPY fell under the correction wave, which was caused by the liquidation of buyers based on the change in the fundamental sentiment of the dollar index. It didn't last long. Buyers liquidation on the back of strong bullish trend. (A big player collects the position) In general, both technically and fundamentally, the situation remains unfavorable for...
We are going down or going up !? what's your idea !?
SOL got rejected from the topside of the diagonal movement. I'm expecting a retracement before continuing up. I'm taking this trade. My Target is the recent liquidity.
💹 Let's analyze and review silver, align our triggers and scenarios before the potential move, so we don't miss out on the likely trend. 🌟 We have a new program on this channel, in addition to daily analyses, from Monday to Wednesday: Bitcoin and its dominance analysis on Monday Ethereum and ETHBTC analysis on Tuesday Gold analysis on Wednesday I hope these bring...
💹 Let's dive into this cryptocurrency and examine our entry and exit points for trading and profit-taking. 🌟 We have a new program on this channel, in addition to daily analyses, from Monday to Wednesday: Bitcoin and its dominance analysis on Monday Ethereum and ETHBTC analysis on Tuesday Gold analysis on Wednesday I hope these bring you significant profits. 📊...