BTC / USDT BTC has printed big falling wedge and the chance for big breakout is high however more corrections and final shakeout can also happen The bottom about to be formed So Keep accumulating BTC and strong altcoins and enter market partially In meanwhile you can ask about your favorite altcoin for analysis Best of wishes
FX:XAUUSD is consolidating above the important for the market level of 2378. Bulls are trying to keep the defense above this zone in order to continue growth on the background of weak dollar. Gold is recovering after leaving the correction channel. The price is once again near its highs (ATH), within the current move the price could quite possibly renew it if...
Signals are available everywhere... And new data is coming in all of the timing. The market is great. Even though we get confirmation after confirmation, doubts still creeps in. Even though we see the market moving just as we would expect it to move based on the cycle, sentiment and chart signals; confirmation after confirmation, for real. Somehow, each time...
BINANCE:BTCUSDT has been showing bullish prospects all week and has been consolidating above key zones, preparing to go higher, but on Friday the market changed to bearish and there is a reason for that. BTC lost 3.3% on Friday and is currently painting a bearish picture. There are two reasons for this: Inflation related news, basically proving that...
Bitcoin finally revealed its direction and its bullish. On the chart we can see 2 parallel channels. The first one is currently breaking out and there is no doubt that the second parallel channel will break as well. Next resistance is exactly at the top of the first parallel channel, I am expecting a pullback from this strong dynamic line. From the Elliott Wave...
FX:XAUUSD is strengthening well on the background of weakening dollar index, related to fundamental reasons (news on inflation). Gold's strengthening may continue, but after a correction. Bulls are interested in 2378-2350 area. The main task is to take the defense above the key liquidity and support zones. Confirmation of the end of the correction phase on...
Gold failed to break through 2400 yesterday and fell back after a surge. The daily closing line has not really been able to stand firmly above 2400, indicating that there are still many resistances above 2400 and the rebound continues to sell. If gold does not break a new high on the daily line, it is now a B-wave rebound. If gold cannot continue to rise, then...
GME SAVE THE TAPE! Back in June 2021, I warned people to GTFO out $GME when it was trading at $212 Today it trading at $20 and about to waterfall again. Despite my several follow-up warnings over the last year and a half people continue to fight me on this. SMH!
Japanese authorities may have intervened twice in recent weeks to support the yen as it hit its lowest level in decades against the dollar, and they may have used reserves cash to do it. BofA said a drop in demand for U.S. Treasury bonds could push up interest rates slightly and narrow spreads on the secured overnight lending rate (SOFR), a reference rate tied...
BINANCE:APEUSDT forms a conglomerate of patterns, the realization of which can lead to a trend change or forging rally. A bear market may change to a bull market The coin has found a bottom by forming a strong pattern. Consolidation is forming, but local prerequisites give an opportunity to the growth of the coin. On the local timeframe the price broke the...
Bitcoin price fluctuations have directed significant attention from investors towards meme coins. The primary reason for this shift is the higher volatility exhibited by meme coins, attracting many new participants into the market through notable success stories. This pattern frequently leads to speculative price movements when Bitcoin prices surge. So, what’s the...
Bitcoin is forming this bullish flag pattern on the daily chart, and we have a lifetime opportunity to buy Bitcoin at the bottom of the flag. What's more, we have a long-term trendline starting in October 2023, which is another reason to buy Bitcoin in confluence with multiple technical indicators. A lot of people are calling for Bitcoin winter, but I don't think...
Bitcoin looks very strong at this moment. We can see that the price is breaking out of the descending parallel channel on the daily chart. The price is above the channel and has already retested the downward-sloping trendline. We should see a strong pump from the current price. Why is bitcoin pumping? From a technical perspective, it's pretty easy to say. Take a...
FX:EURUSD is forming a correction after a false breakdown. The movement is formed after updating the local highs. The fundamental background for the currency pair is positive. The false breakout occurs against the resistance at 1.0885, as well as the rising line limiting the trend. If the fundamental background persists, in this case the correction will not...
The dollar slid to a multi-month low on Thursday after U.S. core inflation hit a three-year low and retail sales were flat, raising expectations of lower interest rates in the economy. largest economy in the world. The DXY index recorded its biggest decline of the year, falling 0.75% and penetrating below the MA 200 line. DXY is currently trading around its 5-week...
💎 Paradisers, #MKR is indeed a coin worth monitoring closely. 💎 Currently, there's a potential for the price to retest the demand area around 2530 - 2400. Historical data suggests that MKR tends to bounce consistently when reaching this demand area. 💎 If this pattern repeats, MKR may test the resistance trendline after bouncing from the demand zone. 💎...
GBP/USD underwent a technical correction, retracing to approximately 61.8% from the previous swing high before concluding Thursday's session in negative territory. The pair has continued its downward trend early into Friday. Comments made by Federal Reserve (Fed) officials on Thursday contributed to a rebound in US Treasury bond yields and bolstered the US Dollar...
Gold technical analysis Daily resistance is 2400, support below is 2373-35 Four-hour resistance is 2400, support below is 2373 Gold operation suggestions: Yesterday, the technical aspects of gold surged rapidly in the Asian market and broke through the 2397 mark, ushering in a suppressed and volatile downward trend. The European market reversed for a second time...