I think bitcoin will bottom out somewhere around 25k in Q3 or Q4 in 2022, and then range between the highs and lows for another 18 months. The next halving is expected to be around march of 2024, and the bull runs naturally happens a few months after that.
Bitcoin move down has completed in 5-waves. I would say that this is wave 1 of 3 and now I am expecting wave 2 of 3 to form. The not-so-active strategy will be to stay neutral and wait for opportunity to scale in a short position. More active traders can attempt to long Bitcoin here but keep your risks tight and be prepared to flip.
This is my personal view on AUDJPY; given that we have hit new highs, we should probably take a breather and correct a bit even if it is to the 32 Fibo. We could also stall util NFP because most players are on the sidelines waiting for US data and they are not in the game right now. Hence the stalling
We are back with Bitcoin here on a daily timeframe and what a nice movement we have been having since we called that local top. Price has moved so far by almost 10%, claiming our first target zone and moving into the second one here. As we just secured the resistance line and 100EMA, we are looking for further movement to lower zones here, which would mean, of...
Now that our first target has been achieved nicely, we are looking for another movement here, which is a test to 200 EMA (potentially breaking it and moving to $50K zones). First, what we are looking for is the re-test of the broken 100EMA, which should happen this week. After most indicators stabilize (RSI + Bollinger Bands), we can start the test of the 200EMA,...
we been on a downtrend for major altcoins for the past 2 months . Today daily close is very important as it determines whether we are still in a bullish structure on the daily . Invalidations for this long are quite clear as shown in chart . SEE YOU AT $80K
The new week is here, and we see immediately some kind of small recovery happening after a failed attempt at breakout, where the price is now testing again on the upper side of resistance. Despite the small bounce at the beginning of the week, we have not changed our minds about a downward movement happening here. And to make it even more clear, we set 2 possible...
First week of the new month is here and we are seeing some upward momentum here, pushing the upper resistance zone (potentially going for a fakeout). We are looking at current zones, which are $69-71K which are a huge point of interest for us for a potential fakeout zone right there. But this is not mandatory, as we are near correction phase where accumulation...
Another week is here and what an amazing weekly closing price action we had for the last couple of days. As price is now back near resistance zone, forming a potential full fakeout zone on the upper sides, we will be looking for further movement to lower zones, where first target would be $60K and second target will be $50K. Keep in mind that current economy is...
The new week is here and Bitcoin is showing a good rejection from the local resistance zone, giving us more and more confirmations of the upcoming drop! As we have been monitoring that upper resistance for a while, we finally managed to secure the middle line of Bollinger bands, which we like to use to determine the potential short-term momentum movements. As...
EMA100 and Fibbonachi retracement sugest we will see at least 54K sooner than later.
Hello Traders In This Chart EUR/AUD 4 HOURLY Forex Forecast By FOREX PLANET today EUR/AUD analysis 👆 🟢This Chart includes_ (EUR/AUD market update) 🟢What is The Next Opportunity on EUR/AUD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding...
Entry 30min TF Reason..observed (13.45pm) Candle wick pattern (lower shadows) RSI - Lower region Vol Analysis indicator - divergence Buyside Entry 1.36345 Profit level 1.36732 (0.28%) Stop level 1.36281 (0.5%) RR 6.05
1ST bitcoin resistance , short setup on btc, we got a sunday pump which usually calls for caution . i expect lower prices . invalidation is clear
Hello Traders In This Chart GBP/AUD 4 HOURLY Forex Forecast By FOREX PLANET today GBP/AUD analysis 👆 🟢This Chart includes_ (GBP/AUD market update) 🟢What is The Next Opportunity on GBP/AUD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding...
The pair has no divergence and the indices are opposite. The pair is making a bullish flag. We will buy at the top of the flag with the mentioned trade plan.
India, a nation long synonymous with its insatiable appetite for gold, is witnessing a shift as record-high prices force consumers to reconsider their love for the precious metal. Shops like Shaik Ameen's Gold Palace in Bengaluru are experiencing a slowdown in pre-wedding purchases, a time typically marked by a surge in gold buying. Traditionally, gold has held...