Hey Everyone, Our 1H chart update yesterday completed the bullish targets followed with the drop shared yesterday completing the bearish targets. We got the swing range bounce, as part of our plans to buy dips and now broken the swing range on the 1h chart. However, Switching to our 4h chart, we can see after completing all our bullish targets, we got the cross...
Price cannot get past 960-970$ zone These failures create a triple top formation that is a very bearish pattern I expect a sharp downtrend move in the next weeks
Upon analyzing the XAU/USD chart in the 2-hour timeframe, we observe that the price declined from $2370 to $2325! Subsequently, gold rebounded with demand and is currently trading in the range of $2340. Itβs possible that after an upward movement, we might witness further decline in gold prices. Keep an eye on the price reaction in the range of $2350 to $2360!...
Dear Traders, GBPJPY from our previous chart analysis on gbpjpy, the price moved as we hoped for, however, after looking at the recent market behaviour, we realised that JPY Pairs will start turn bearish. JPY is currently retesting a very key level where we can see a vast amount of interested coming in from whales to pump the currency, even BOJ is likely to...
Bitcoin is breaking out of the bear market structure and creating a new uptrend that will lead to an all-time high! This thesis is supported by the fact that after the halving event, Bitcoin always goes up (statistically, 100% probability). The halving event took place 1 month ago and cut the reward for mines by half. It's recommended to trade with the trend to...
The TA is showing a possibility of Bitcoin tapping this ultra low. See my previous posts for explanation and a deeper dive.
Gold prices cooled off today as investors worry that interest rates in the U.S. will not decrease anytime soon. The precious metal continued to trade in the red, hovering around $2340. Another factor contributing to the decline in gold prices is the announcement from S&P Global that the U.S. Producer Price Index (PMI) for May reached its highest level in two...
Dear traders! On the 1-hour timeframe, we see GBPUSD confirm a drop below 1.2700 and reach 1.2686, after which the price quickly pulled back and retested liquidity amid a correction and sell-off. The price reaction to the established liquidity zone is consistent with our selling outlook. Expecting a more solid selling strategy, Conan is waiting for a drop to at...
The EUR/USD pair is currently trending lower within a parallel price channel. However, from an overall bullish perspective, it is forming a bullish flag pattern. I anticipate that EUR/USD will break out of the price channel and continue its upward trajectory!
Dear colleagues, the markup turned out to be rather unusual, but I still assume that the price is headed for a correction in wave β4β (2328.823). This may mean that the price will soon start an upward movement at least to the area of the nearest resistance at 2404.446. After confirmation of this movement we will consider options for further upward movement....
βοΈ Crazy development today as we now know that the SEC has officially greenlit ETF's for Ethereum in a widely anticipated move, helping to further bolster and boost crypto's foothold and position in the financial world, giving many a confidence boost in crypto and helping to set the stage for the role that cryptocurrencies will come to play in the next few years...
Dear traders! Gold continues to form a wave of decline, in which gold last traded at 2,330.1 USD/ounce, down 52 USD compared to yesterday morning. In the context of profit-taking pressure continuing to increase as investors continue to worry about when the US will cut interest rates as well as the strength of US business activities. It is expected that in the...
Dear traders! The upward momentum is still well supported after exiting the falling wedge by a positive outlook amid changing sentiment. With the ability to create DOW from the chart, using the Fibonacci measurement tool from Tradingview. I expect the uptrend to still be well supported from 0.786 potential targets on M3 are 180.57 and 231.38 as indicated above...
The rise and fall of GameStop's stock in 2021 became a landmark event in financial history, captured in the recent film "Dumb Money." This saga, fueled by unprecedented social media buzz and retail investor sentiment, culminated in a historic short squeeze and raised critical questions about market access and regulatory oversight. The Spark: A Sentiment-Driven...
BITSTAMP:BTCUSD looks cheerful in LTF as there is a golden cross in both 4h,6h TF getting 90k is matter of time .. u can see the previous golden cross and how it raise from 42k to 73k!! dont forget to support us with ur like ,comment and follow for more ideasπ―
Current Market Position: Solana (SOL) has been in a parabolic movement but is currently losing momentum. If the weekly candle closes as it is now, there's a potential for breaking the curved trendline. Key Support and Resistance Levels: Critical Support at $100: If Bitcoin continues to drop and the market remains bearish for the next three months, SOL might reach...
HERE we can see that price already in a down trend, price balanced the liquidity area at support zone, now price has to fill the liquidity at resistance zone, make a long entry to the resistance zone as shown in the picture, follow for more live updates...
Upon reviewing the GTAI/USDT chart in the 12-hour timeframe, we observe that the price, after the analysis on Monday, managed to increase by 12% up to $1.75! Now, this cryptocurrency is trading again in the range of $1.50, creating another opportunity for reinvestment! The expected return in the short term is between 30% to 44%, and in the long term, it will be...