From an Elliott Wave perspective, it looks like more weakness should be seen on the 10Y yields after the end of the corrective wave B (or wave 2). Since that top at 4.74%, we have seen a five wave decline which was followed by a three wave advance (it could still be developing). I believe the 5-wave decline was wave 1 of a 5-wave impulsive decline that could take...
We are in favor of buying gold in this area and expect its rise this week and then its decline from a specific area
The Market is saturating.. a big move is on the way
During this period Ethereum progressed according to my analysis I see a divergence in this range and the possibility that Ethereum will have a slight correction to the point I specified and continue its upward movement. I will update the chart if I see any changes. Let's see what happens
TSX:FTT reacted well to the psychological support of 1usd, it's all time low! Price pumped agressively to 6usd in a few weeks and came into a downtrend ever since. But price seems to be willing to make a change of trend, and it broke out from a diagonal resistance. Currently not yet giving us a CHoCH. But I like what I see in the chart. And anything below 1...
As you can see in the chart, it seems like the price has completed the 3rd wave of wave 3 and is now getting ready for a bearish corrective move to form wave 4 of wave 3. During this bearish correction, we could expect the price to retrace all the way towards the static support zone. However, based on the three basic rules of Elliott Wave theory, wave 4 cannot...
🔥In the past few months, memecoins have been doing very well and they have very good profits for their followers. It seems that these few months have been 😂 memecoin season 😂; although many people are against this type of token, the fact is that there were good profits in these few months. 🦊Today I want to analyze one of the popular memecoins these days. The name...
After the approval of the ETH ETF, market’s attention will turn to monetary policy and the election in November. Over the weekend, former US President and 2024 Republican presidential candidate Donald Trump stated in his speech that he would accept crypto donations, and If he succeeds in becoming president, he will promote the development of crypto and BTC in the...
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from...
Hello, subscribers! Please share your personal opinions in the comments. Don't forget to hit the like button and subscribe. The dollar's upward trend temporarily paused as a Japanese exchange rate policy official remarked that they could intervene in the foreign exchange market at any time. However, the ongoing uncertainty about the timing of the Federal...
Price has broken the market structure to the downside both on the daily and the 4hr. On the weekly chart we have a big engulfing body signaling that the sellers are coming in, so this week unless they violate my supply zone and signal buy continuation, I will be looking for sell on the levels marked on the chart.
I think that GBPUSD has a nice potential to go up this week. I see a confirmed violation of a key daily resistance and a positive, bullish reaction to that after its retest. Next resistance is 1.278 ❤️Please, support my work with like, thank you!❤️
📊 Analysis by AhmadArz: 1. Support and Resistance Levels:** - Support:** Around $82.80. - Resistance:** Approximately $88.00 and $96.82. - 📉🛑 2. Trend Channels:** - Currently, the price is moving within a horizontal range and appears to be awaiting a breakout. - 📈📊 3. Trading Strategy:** - Buy Zone:** Enter buy positions if the price breaks...
Price has broken the market structure to the downside both on the daily and the 4hr. On the weekly chart we have a big engulfing body signaling that the sellers are coming in, so this week unless they violate my supply zone and signal buy continuation, I will be looking for sell on the levels marked on the chart.
ese #eesee eseusdt Strong project will soon fly to the moon
Hello traders, we want to check the AUDUSD chart. The price has broken the ascending channel to the bottom and the price trend is now bearish. The price has pulled back to the specified support level and we expect this level to maintain the downward trend and the price will fall to around 0.65600. Good luck.
Dear Traders, We are convening a discussion focused on #OGUSDT The Symmetrical Triangle is Formed Now it's Ready to Break the Pattern In Case of Successful Breakout, Expecting a Bullish Move of 40%🚀😉 #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc #cryptotrading #cryptonews #eth #cryptocurrencies #nft #bitcoinnews #bitcoins #trading...
This is my long term Eth chart. Eth looks to be short term headed to next resistance at 6.6K and very likely near $20K area later this year. If it gets to $20K resistance, it's very possibly a good sell for a move back to to $4K.