Bitcoin prices are currently stuck in a rectangle pattern. A break below $66,000 could potentially send prices down to $60,000, a drop of 9%. Conversely, a break above $72,000 could lift prices towards $77,970 per coin. Recent trends show a stronger dollar, particularly against the Euro and British pound. If this strength continues, it could negatively impact...
KOG REPORT: In last week’s KOG Report we said we wanted the lower support level to hold up the price to give us the opportunity to long into the order region above, which gave us a fantastic start to the week. We then said we wanted to short from the order region back down, but due to FOMC and CPI we would be looking for extreme levels above. Once price...
Dear Traders, Hope you are doing great, price of USDJPY remain tricky. Previously, we had anticipated that price will drop heavily, however, due to weak Japanese yen price remain bullish as it was before. We still currently in a correction zone, where we can expect price to drop slightly lower to our area of entry and then we can see a strong buyers liquidity...
FX:XAUUSD has been facing strong bears since the opening of the session. The price returns under 2325 and forms a consolidation. Earlier there was a retest of a strong resistance area. The market is still bearish For the gold market the area of 2325 plays a key role at the moment. Bulls are not yet ready to overcome this area on the background of strong...
Hello Traders ! On the daily time frame, The GBPUSD failed to break the resistance level (1.28570 - 1.28940) Currently, The price is trading in support level (1.26756 - 1.27015). Let's expect the bearish scenario: If the price breaks and closes below the support level, We will see a huge bearish move📉 ------------- TARGET: 1.25026🎯
After a Huge Bearish Move, The EURNZD Reached a strong support level (1.74700 - 1.73836). Currently, The Last Lower high is broken (change of character) So, I predict a bullish move📈 __________ TARGET: 1.76245🎯
FX:XAUUSD closed last week in the plus side despite the negative fundamental backdrop, but the focus is on the consolidation that the price is in. Previous patterns indicate that consolidation, amid a bear market, could be followed by buyers liquidation, but there is always a BUT!!!! Relevant, gold is closing in a pat range of 2340-2325. . The market doesn't...
Market Structure is Bullish on HTFs DW Weekly and Daily at the same AOi Weekly rejection from AOi Daily Rejection At AOi Entry at Daily HL point Around Psychological Level 0.84000 H4 Candlestick rejection Levels 3.83 Entry 75% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient :...
BINANCE:BTCUSD is not ready to pass through 71500 yet and continues the correction phase, testing local lows and liquidating buyers in order to increase the position of a major player. Consolidation is clearly visible on the higher timeframes. The resistance area of 71500 plays an important role for the market, a breakout and consolidation of the price above...
💹 Let's dive into the analysis of this popular forex pair at the start of the week. We'll update our previous analysis and identify new triggers for potential trades. 🌟 Weekly Updates: Starting from Monday to Wednesday, we'll cover , Monday: Bitcoin and Dominance analysis , Tuesday: Ethereum and ETH/BTC analysis , Wednesday: Gold analysis These are in addition to...
On the above 4-day chart price action has corrected 10% from the 4600 summer high to find support on the Golden ratio. A remarkable moment now exists to have long exposure. Why? 1) RSI and price action resistance breakouts. 2) Support on 2022 resistance. What a signal! 3) The Cup and Handle pattern confirmation is textbook. The handle breakout follows strong...
Dear Traders, Upcoming weeks we can see strong bullish price momentum to continue, price successfully rejected at 2290 and then rebounded strongly. Another confirmation that we have is when price reconfirmed the 2300 area where we saw how strongly price moved. These are the two main confirmation that has given us enough confidence to be sure of how upcoming...
💹 Let's dive into the Bitcoin analysis we shared last week, update it, and discuss the conditions for the upcoming week! 🌟 Weekly Updates: Starting from Monday to Wednesday, we'll cover , Monday: Bitcoin and Dominance analysis , Tuesday: Ethereum and ETH/BTC analysis , Wednesday: Gold analysis These are in addition to our daily analyses. 🎉 Channel Milestone...
Hi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price some time ago started to grow inside the upward channel, where it soon reached resistance 2, which coincided with the resistance zone and broke it. Next, EUR some time traded between this level, after which made a strong impulse down from the trend line to...
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price a not long time ago declined a little lower than the buyer zone, but soon turned around and made a strong impulse up, breaking the 2325 support level. Later price reached a resistance level, which coincided with the seller zone and broke it too, after which...
Bitcoin has been correcting violently since 07 June. It has fallen by 10% in the last few days. And in my opinion, it's not over yet... On this H4 chart, we can see that a number of liquidity zones have been recovered, with the last one at $65850 on 14 June. But for me, there is still one last important area to liquidate before we can potentially start moving...
Strong upside potential on the TONCOIN crypto messaging network telegram pass into the top 10 crypto. Big potential of rise thanks to that blochain and to its use by fe numerous users telegram one could note that the TONCOIN and to remain rather strong compared to the fall of the crypto classer in the top this last days
Overview: The USD/CHF currency pair, after breaking its ascending trendline visible on the daily timeframe, is on the verge of a significant decline. The critical condition for this bearish move is the closing of a 4-hour candle below 0.88920. The confirmation of this break requires the candle to be of substantial size and without a long shadow. Trade Setup:...