azizelliott

azizelliott

Hi guys! 👋🏻 🔔 Lacking momentum and liquidity and it's time for correction 🔔 I believe it's too early for $100K and time to get rest before the next run. 🔔 CRYPTOCAP:BTC couldn't get the $100K and with each try the daily close is lower than the previous one, which states that market might not be ready yet for a strong impulse. 🔔 The best scenario for #bitcoin...

azizelliott

Hi guys! 👋🏻 🔔 We got the liquidity we wanted now it's the pump time 🔔 However, what might look like a bullish flag may turn into a descending channel, hence stay calm and follow the basic trading rules - no excitement, only cold-minded analysis. 🔔 The 67700 is the decision level, closed with a green candle above it, will take #Bitcoin to $80K ✊🏻 Good luck with...

azizelliott

Hi guys! 👋🏻 🔔 $71400 is a static barrier for $BTC. The resistance which #Bitcoin is yet to break. Bitcoin is lacking liquidity to overcome that resistance, thus I'm waiting for the continuation of a correction. 🔔 Any bullish sign will be only above the aforesaid resistance or when #BTC completes the double top pattern and withholds the support at $60800. 🔔...

azizelliott Updated 

Hi guys! 👋🏻 🔔 Bitcoin is back up after a slide to supports at $60500 🔔 There's a possility of a continuation of an uptrend up to $70100, where CRYPTOCAP:BTC will hit the dynamic resistance and upper band of the flag. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

azizelliott

Hi guys! 👋🏻 🔔 Highstreet has been recovering after a slide to its historic lows. The metaverse has recovered after several notable partnerships and looks to continue its progress in partnering with Web2 corporations. 🔔 RSI, MACD and this rising wedge signal an upcoming slide towards the next support at $3.8 - $3.5. Watch these levels closely. 🔔 The cup is...

azizelliott

Hello guys, #Bitcoin is ready for another pump. The touching of the upper dynamic resistance is a must based on the latest impulse of May 1, afterwards, will be a decision point, where CRYPTOCAP:BTC either skyrockets to 80K or dives to 50K. Wait for a breakout of $65270. Target and the next resistance is at $71200

azizelliott Updated 

Hi guys! 👋🏻 🔔 Brent Crude may revisit $105 based on this weekly chart, on a longer term, we might see the price of the oil to rise to $170. 🔔 The US is easening the access to the market for Iran, whereas Iran reported that it will increase its production to fulfill the market's demand. 🔔 On the other side, OPEC will take necessary measures to keep the price...

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Hi guys! 👋🏻 🔔 There's no clean energy without Aliminium, which is widely used in electric vehicle and solar panels production 🔔 One of the largest consumers of Aluminium - China is expected to increase the demand for the metal in its e-vehicle, clean energy and airplane production. 🔔 Other fundamentals which support higher demand for metals are: global ecnomies...

azizelliott

Hi guys! 👋🏻 🔔 Head and Shoulders pattern spotted on a daily EURCAD chart. 🔔 The fundamental could be the rise of global oil prices which benefits the Canadian Dollar. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

azizelliott

Hi guys! 👋🏻 🔔I'm following this scenario for Ethereum. There is a squeeze, so expecting a high volatility soon. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

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Hi guys! 👋🏻 🔔 Solana is forming a falling Wedge and waiting for a breakout to reach the targets 🔔 New Ethereum - Solana bridge which is an EVM on Solana coming, so expecting a high impact of this product on both blockchains. 🔔 Falling wedge is a sign for a trend reversal. Breakout will signal for an uptrend in this case. ✊🏻 Good luck with your trades! ✊🏻 If...

azizelliott Updated 

Hi guys! 👋🏻 🔔 I've been tracing and waiting for the formation of the right shoulder of this Head and Shoulders formation. 🔔 At this stage, Bitcoin may return to levels near $22770 - $22400 and continue the uptrend up to $29900 - $32000 ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

azizelliott Updated 

Hi guys! 👋🏻 🔔 Bitcoin keeps the downtrend pace. I still stick to the idea of Show me the chart and I'll tell you the news, so won't correlate to any buzz around #BTC or #cryptocurrencies. 🔔 For the past several weeks I've been away from cryptocurrency analyses and trading due to irregular activities in the market and I would call this the best decision of the...

azizelliott

Hi guys! 👋🏻 🔔 Gold hit $1670 today after the release of NFP and negative employment data. China’s plan to resume flights could bolster weakening of the US Dollar and support the continuation of this bullish run. 🔔 XAUUSD made an important test and a breakout from the dynamic resistance of March 2022. The $1615 - $1617 support level withheld a downtrend pressure...

azizelliott

Hi guys! 👋🏻 🔔 Brent crude price was squeezed in a descending triangle, and a breakout from the triangle was expected, so it happened as seen on the chart 🔔 Brent crude price is traded at $91 trying to hit the key resistance of $91.60 up ahead. 🔔 I do anticipate the price to slow down a bit when reaching the aforementioned resistance, however the path to $101...

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Hi guys! 👋🏻 🔔 Surprisingly low US inventories data supported a short-term uptrend of Brent crude, comforting the price to hit $90 this week. 🔔 OPEC+ meeting scheduled on October 5 will be on the watch, as the cartel suggest a production cut of 100,00 barrels per day (bpd). 🔔 Brent once again retested the upper edge of the descending triangle, although the...

azizelliott

Hi guys! 👋🏻 🔔 Saudi Arabia refused to increase oil production requested by President Biden. However the strong US Dollar and uncertainties in Chinese economy hold Crude oil prices from a stronger hike. Market will be watching the relaunch of Nord Stream 1 this Thursday which will have a massive impact on DXY, energy sector commodities. 🔔 As for the technical...

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Hi guys! 👋🏻 🔔 Two possible scenarios on EURUSD 🔔 First is the drop to 1.05 and a bounce back to levels near 1.06 🔔 The second is a drop to 1.04 after closing below the 1.05 support. 🔔 Mind the RSI divergence shown on the chart ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.