Bitcoin analysis, considering USDT Dominance, suggests a bearish trend. Based on the latest chart pattern, which shows a bearish flag, Bitcoin could drop to 49,047.3. However, the highest price that can be expected for Bitcoin today is 61,978.4.
For the analysis of USDT Dominance on the 1-hour chart, the following prediction can be made: Currently, USDT Dominance is around 5.73%, which is considered a liquidity gathering zone. Given the current conditions, there is a possibility for USDT Dominance to rise to 5.86%. After reaching this level, a corrective drop to 5.80% might occur. Following this...
Given the strength of the Japanese yen and the weakness of the dollar, the USD/JPY pair is likely to drop to the 132.605 range. Additionally, in our analysis, we forecast the highest price for a correction to be around 149.644.
In the long term, the pound to dollar is within an upward channel, but liquidity is concentrated near the channel's upper boundary at a price of 1.30568. Today, in lower time frames, a price correction down to 1.28747 is expected.
Given the price's penetration into the liquidity zone on the weekly time frame, a notable point is the potential for a bearish trend in this trading chart. Initially, a price correction to 1.09911 is expected. After that, a price increase to the 1.10116 area is anticipated. Additionally, the highest price forecasted for the upcoming week is 1.11383.
In the gold price chart, given the unstable monetary policy conditions, a short-term decline to the price level of 2482.65 is foreseeable. Additionally, an upward movement may continue towards the 2500.17 range. For trading on August 19th, it is suggested to sell in lower time frames to account for the price correction and to consider buying again in higher time...
In the analysis of the dollar index price chart, considering the speeches of Federal Reserve members, the following conclusions can be drawn: Given the price support at the 102.164 level and the price's interaction with this support, a price correction is expected. This correction, considering the significant liquidity present around the 101.422 level, is likely...
On the chart of the dollar index that you can see, there are several levels with horizontal lines with blue, black and red colors, which are of high importance according to my strategy. As I have indicated yesterday after the cpi news it hit the price range of 104.828 as I predicted. But for the coming days, I expect this upward trend to continue after a short...
This is the idea I have for Total Market Cap Long up to 1.109T, then 1.125T and then 1.155T
In my opinion, Ethereum can go down to the price of 1879.49
Since May 8, NEAR has formed a range within its support range. I expect it to break its range soon and go up to the price of 2.004
In my opinion, Avax can be short from the price of 14.366
As we can see, yesterday the price entered the order block of 1.06893 after breaking the range of 1.06587 and we entered a sell position in the time frame of one minute. We can take a few more sell positions in the same minute after the confirmation.
As you can see, the price has reacted to the order block inside the structure after hitting the support and resistance range. And after the confirmation, we enter the buying position.
Short USDJPY in 1m Order Block Enter: 140.980 SL: 140.862 TP: 140.023 Risk: 2%