REEF is ready to fall to atleast 0.00548. REEF gained to much and cant win against the bears. With the triangle pattern we can see a downtrend
Market Sentiment and Positioning: Monitoring the sentiment in the forex market can provide insights into the overall positioning of traders. If sentiment shifts towards bearishness for the dollar based on the above factors, it could create a self-fulfilling prophecy as more traders take short positions. Geopolitical Tensions: Geopolitical events can...
Key Reasons for a Bearish Outlook 1. Economic Differences: The U.S. economy is doing well, showing strong growth, while Canada’s economy is struggling. This usually strengthens the U.S. dollar against the Canadian dollar. 2. Oil Prices: Canada’s currency is closely tied to oil prices. If oil prices stabilize or drop, it could weaken the Canadian dollar further,...
Price is moving within an ascending channel but has rejected resistance at the top of the channel and has started to make it's way to the downside. Look for opportunities to sell, with a view that price may be potentially heading back towards support.
First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT . Due to the news of the war in the Middle East, selling pressure has been very strong in the crypto market for several days. Tether's dominance has now reached the supply range. In smaller timeframes, Tether's dominance can be rejected downwards For risk management, please...
NASDAQ:NVDA (NVIDIA Corporation) Shorter's paradise. Monthly shift has been spotted. NVDA needs to break 500 to preserve hope for upside continuation. Otherwise, the other side will be their season. If breakdown continues, a target at 300 levels is the goal. I'm still hopeful for a turnaround. Net negative volume is quite significant conveying bear...
Yello Paradisers! Are the bulls taking control again? #BONK has recently tested its basing support range, and we’re now seeing a strong bullish engulfing pattern—a potential sign of a turnaround! But how far can #BONKUSDT go from here? Let’s break it down. 💎BONK is eyeing its initial resistance levels at 0.00002235, with the next target at 0.00002325. These are...
This is a comparison of ada 2024 and eth 2019. If i look at the percentage movements in eth and ada waves, ada shows a little bit more volume. eth yellow drop down was -40%. if we believe hypothetically that it works the same way, then ada drops by more than -40%, Almost everything is the same until today. will it continue?. very possible because in btc realtime...
MLTUSDT is currently trading within a broader range, with the price rebounding strongly off a key demand zone after testing the SSL. This bounce signals the potential for a major impulsive upside move, targeting the upper boundary of the range near the primary supply zone. The identified accumulation zone presents an ideal buying opportunity, with the focus on...
hi traders Let's make it simple. TOTAL3 has been consolidating after an impulsive move, forming a valid bull flag formation. We got a valid breakout but without follow-through up to now. It looks like the price retested the previous downsloping resistance and it's trying to confirm it as support. The RSI looks good here. It's pretty neutral now but as soon as...
FX:EURUSD is facing strong resistance forming a reversal pattern relative to the 1.1200 sideways range boundary. The bulls are not yet able to continue the trend. The dollar is bouncing.... On the back of unpredictable economic data confirming the problems in the US economy (manufacturing, banking sector), the markets are rebounding. DXY strengthens after...
I have posted about this correlation previously. Perhaps this time it might be clearer to see... This uncanny correlation between the SG10Y Govt Bond Yields as a leading indicator for the S&P500 was noticed some time ago, and tested since. As shown, the major turning points were seen in trend changes of the SG10Y GBonds first, before the S&P500 reacted. The...
not financial advice. Just and update of current market and how it could be playing out as i mentioned many times there no reason to be bullish until the lower high structure is invalidated. Thinking a big short is on the way
Price has been showing some bullishness and we have a bullish SMT on the 5hr coming off of a Daily impulse. I am bullish on NAS100 tomorrow and we could possibly get a move out of it for longs/continuation. I would still need confirmation on the 30m and 5m before entry. Good Luck!
FFIE, has been on a consistent downtrend for most of the year but that will change soon as latest QTR earnings output conveys an improving fiscal data metrics. Since having their stock split of 1:40 on Aug. 19, 2024. Price has corrected weightily from that event. Based on recent price metrics this is starting to shift already. Price has been moving horizontally...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
🛢️ USOIL Price Analysis: Double Bottom Breakout Targets $78.37 and $83.67 USOIL (WTI Crude Oil) shows a bullish reversal pattern on the D1 timeframe , with a double bottom breakout signaling potential upward movement. Traders are eyeing key targets, with the first at $78.37 and the second at $83.67 . Here's a breakdown of the setup: 🔍 What is a Double...
The weekend is here and it is time for studying and tracking your trades, we will have to see prices get into the 4H OB above before we will be looking for sells for DXY, we will be opened to what the market has to offer, we will allow it come to us before we make decisions, stay tuned for more updates. remember to trade what you see not what you think will...