And just like that... BOOM! #Silver closes solidly above 28$ and converts that wall of resistance into support. Enjoy the journey guys!
AliceUSDT is exhibiting a potential inverse head and shoulders pattern, with the price currently forming the right shoulder. This presents a promising buying opportunity. The immediate target is the neckline of the setup, and stop loss should be strategically placed as indicated on the chart. Final target levels are also outlined on the chart. Let's observe how...
The Japanese Yen continued to weaken on Thursday, even as economic data showed a positive trend. The Tokyo Consumer Price Index (CPI) increased to 2.2% year-over-year in May, up from April's 1.8%, which marked a 26-month low. In addition, Japan’s Retail Sales (YoY) grew 2.4% in April, accelerating from a downwardly revised 1.1% rise in March and surpassing market...
Considering the weak growth of #Bitcoin along with the previous sharp drop, and hitting the key resistance, the possibility of a drop for today is more than a growth.
Binance has burned 1.35 billion SEED_DONKEYDAN_MARKET_CAP:LUNC tokens in its 22nd batch of its SEED_DONKEYDAN_MARKET_CAP:LUNC burn mechanism, marking a bearish pattern in the crypto exchange's net burn. The total SEED_DONKEYDAN_MARKET_CAP:LUNC burn by Binance has now surpassed 60 billion, accounting for more than 52% of the total ...
Solana's Magic Eden, a non-fungible token (NFT) marketplace, has seen a surge in trading volumes, dominating the Solana ( CRYPTOCAP:SOL ), Ethereum, and Bitcoin networks. This surge comes as total NFT volumes have dropped in the last 30 days. The platform has surpassed NFT marketplace Blur on Ethereum, with its market share increasing to 41.39%. On Solana (...
Hi traders, Last week EU went down and up in a range. The way price is moving it looks like it will make a bigger correction down to maybe finish the E-leg. If this analysis is correct we could see another downmove next week. After that we could see the bigger upmove. Trade idea: Wait for a change in orderflow to bearish to trade shorts after the finish of a...
AMEX:TRX DO YOU SEE WHAT I SEE? MASSIVE ALERT! When TRX reverses to the upside, It means the whole crypto market is preppin to move with it. USDT inflows will pick up pace signaling a buying spree event. Expect more than average upside momentum from this point onwards. Historically, this signal never misses. TRX moves first in advance, then the market gets...
OKAYTAOKSYA PALKUYA so bos... price be feelin a lil devious -- so like itll take that pink fella out YA so like we guilt trip prioce into entertaining him and to keep him company
Let's delve into the technical analysis of the DYDX/USDT daily chart: Price Action and Structure: The DYDX/USDT pair is currently exhibiting a bullish consolidation pattern, which is evident from the series of higher lows formed since the price marked a strong support level ('T'). This type of pattern usually suggests accumulation by traders, implying potential...
It sounds impossible, but take a look! As CRYPTOCAP:TOTAL crypto marketcap is inside a multiyear wedge, it will likely continue this trend for next months as we are testing the support If you take a look at the RSI on the panel bellow, another trend is forming and will likely hit the resistence before end of year (big purple arrow), with more then 230%...
Although we could zoom out and literally write a book of CRYPTOCAP:TOTAL technical analysis, let´s start with this 12 hour time frame In green, a Cup & Handle formation, that WILL TAKE US ABOVE ALL-TIMES-HIGH cryptomarket cap The ATH marketcap is marked on the purple horizontal lines (2,9 to 3,0 trillion) and the C&H targets are marked with the purple arrows,...
Delta Air Lines ( NYSE:DAL ) is running its largest ever transatlantic schedule this year due to healthy travel demand, particularly on international routes. The airline has forecast record high second-quarter revenue due to buoyant demand for spring and summer travel. Delta's CEO, Ed Bastian, said that summer is progressing strongly and demand is quite healthy....
As mentioned in analysis shared on 19-05-2024 that 85 should be Sustained on Monthly Basis; we can see that Monthly Closing is at 89.90 Clear Bullish Divergence may act as a Reversal sign. Now it should touch 92 - 93 once & Sustain this Level for Further Upside. On the Flipside, it should not break 84.
XENusdt displays indications of a potential falling wedge structure, recognized as a reversal pattern. Presently, the price remains within the confines of this wedge pattern, with an anticipated breakout on the horizon. The highlighted Demand zone on the chart represents an area suitable for extended accumulation, providing potential entry opportunities for long...
BINANCE:BTCUSDT made a significant surge on May 20th, and since then, the price has been oscillating within a narrow range zone. As we can observe, the price action is gradually narrowing down, indicating a potential breakout. On the weekly timeframe, an inside bar formation is developing, which suggests that the price may be building up energy for a move....
The 1INCH ( CRYPTOCAP:1INCH ) price is likely to face a pullback after rallying 15% since Tuesday, but a price decline towards $0.471-$0.443 could provide an opportunity for sidelined buyers. The price rally is fueled by rising Open Interest, which indicates the total number of outstanding derivative contracts and whether money flows into the contract are...
Going to see how the day closes before taking any trade but here my thoughts Technicals → Price respected .618 FIB retracement → We broke out of channel and retested it → Monthly candle will close semi-high probability we're going up to create at least a top monthly wick. Fundamentals → Important next week is OPEC+ meeting 2nd June. Trade → For...