Mihai_Iacob

Mihai_Iacob

As I mentioned in my previous analysis, I am bullish on OANDA:XAGUSD , in addition to Gold. The price has now clearly broken above the falling wedge’s resistance. Since Monday, this breakout has proven to be genuine, with dips being consistently bought by traders. Currently, the price is facing minor resistance just below the 31.00 level. If this resistance...

Mihai_Iacob

As I’ve mentioned before, one of the reasons I favor BINANCE:LINKUSDT is its strong adherence to technical patterns. This characteristic makes it a reliable asset for chart-based trading strategies. Let’s break down the past: • Accumulation Phase: From May 2022 to October 2023, LINK underwent a long, one-and-a-half-year accumulation phase. This created a...

Mihai_Iacob

Yesterday, following a minor dip earlier in the day, Gold decisively broke above the 2720 resistance level and established a local high near the 2760 confluence resistance, formed by the horizontal level and the channel's resistance. Currently, the price is undergoing a normal correction, which could provide traders with another opportunity to enter the market at...

Mihai_Iacob

For over a month, BTC has been trading within a range, with well-defined support at the 90k level and resistance around the 110k zone. Two days ago, the price briefly reached a marginal new all-time high before reversing. However, following this pullback, the price quickly recovered. Over the past five trading days, it’s clear that the price is building momentum,...

Mihai_Iacob

Like most major pairs, EUR/USD experienced a challenging final quarter of 2024, with the price dropping approximately 1,000 pips following the double top at 1.12. The start of 2025 saw a further decline, breaking below the 1.0350 support level and reaching a low of 1.0180. However, the market quickly reversed after this low. On Monday, a strong Bullish...

Mihai_Iacob Updated 

In my post yesterday, I mentioned that Gold is trading within an ascending channel, which should give bulls added confidence. The suggested strategy remaining to buy on dips. During Monday's session, price action was relatively quiet, with the market ranging. However, there were signs of buying pressure, with the price steadily pressing against the resistance...

Mihai_Iacob

After the initial surge and excitement, KCEX:TRUMPUSDT dropped to a low of around $30. A slight recovery followed, and over the past six hours, the coin has been consolidating within a tight range. However, the coin appears to be pressing for an upward breakout above the $40 level. If it manages to break through this resistance, a new upward trend could...

Mihai_Iacob

Investing and trading are often viewed as purely logical activities. Many assume that success in the markets depends solely on mastering data, charts, and economic theories. However, the reality is that emotions frequently play an outsized role in influencing decisions, often to the detriment of traders. In his 1994 classic I nvest Like the Best, James...

Mihai_Iacob

In my previous analysis of the DXY, I mentioned that the index might begin a correction after more than three months of upward movement and a 10% increase. Yesterday, the market opened with a downside gap and broke below the rising trendline that had been supporting the price since the 100 mark. This suggests that 110 could now serve as a local top. As long as...

Mihai_Iacob Updated 

Since the beginning of the year, XAU/USD has been trading in a well-defined ascending channel, which typically indicates continuation. However, last week the price faced a strong ceiling at the old resistance around 2720, the level from which gold reversed sharply twice at the end of 2024. At the time of writing, the price is 2707, and although I am bullish for...

Mihai_Iacob

Is KCEX:TRUMPUSDT stillworth buying? This is, of course, the question everyone asks... From a technical perspective, the token appears to be in a symmetrical triangle pattern, with the target estimated to be around 100. However, when it comes to determining whether it's worth investing, the answer depends on your trading approach and goals. If you’re a very...

Mihai_Iacob

Since reaching its recent all-time high in mid-December, BITSTAMP:BTCUSD has been trading within a 20% range, with strong support established around the 90K zone. In mid-January, the price briefly dipped below this critical support level, but the move was quickly reversed, and BTC/USD stabilized around the 100K mark. The "Trump coin mania," which began two...

Mihai_Iacob

The final quarter of 2024 was particularly challenging for the NZD, with the currency declining by 800 pips from its peak to its lowest point. More significantly, this drop represents a devaluation of over 12%, which is substantial for a major currency pair. As 2025 begins, however, OANDA:NZDUSD has entered a consolidation phase, holding above the critical...

Mihai_Iacob

Yesterday, something truly bizarre happened in the world of crypto. Donald Trump—yes, that Donald Trump—launched his very own cryptocurrency, TrumpCoin ($TRUMP). At first, like everyone else, I thought his account had been hacked. I mean, launching a meme coin just days before his presidential inauguration? Come on... But nope, it’s 100% real. Verified....

Mihai_Iacob

In the crypto world, Michael Saylor is a household name. The co-founder of MicroStrategy has become one of Bitcoin’s most vocal advocates, with his company accumulating a massive Bitcoin treasury. Many view his purchases as a signal of confidence, believing that if someone with his track record is buying, it must be the right move. But is it wise to follow his...

Mihai_Iacob

Trading is a journey, one filled with highs, lows, and a constant drive to improve. Recently, I came across an idea on Podcast that truly resonated with me: the concept of luck versus repeatability. This distinction is critical—it’s the difference between chasing short-term gains that may never happen again and developing a strategy that can deliver consistent...

Mihai_Iacob Updated 

In my post yesterday, I mentioned that gold could extend its upward movement and reach the important 2720 resistance zone (clearly highlighted in the chart I shared). As expected, the price climbed to that level and, as is typical, began a correction. In my view, this pullback should be seen as a buying opportunity for bulls looking to rejoin the upward...

Mihai_Iacob

After reaching an all-time high in mid-December last year, the NAS100 began a correction characterized by choppy price action. This Monday, the index formed a local low, aligning closely with the previous all-time high. Since then, NAS100 has rebounded strongly. Currently, the index is testing the falling trendline originating from the mid-December high. A...