Bitcoin should bounce soon from the 62,400 level and continue in the bull market to an all-time high. Why 62,400? All details are in my previous analysis in the related section down below. Critical news: Looking at AI-generated images and listening to AI music causes internal mental bleeding. Regulations on AI will follow. Bad news for AI crypto coins?...
There hasn't been much action, so I don't have much to say but there is always more and new data coming from the chart. How are you feeling this Saturday? Think long-term. Tomorrow we will have the weekly close. The second week Bitcoin closes red. Looking back at major bullish waves, when Bitcoin closes red for two consecutive weeks, it is never the...
Hi Everyone, Let's Dive into Today's Gold Strategy! After a rollercoaster of a week, the global gold market is expected to stabilize in the coming days, as fewer major data releases are scheduled for mid-week. The spotlight, however, is on the upcoming report on the Core Personal Consumption Expenditures (PCE) Index – the Federal Reserve's preferred gauge of...
TSLA is coiling to make a large directional move. The Question is...up or down? With August appraoching quickly, this could be a key pivotal shift in TSLA business model Once they announce their ROBO - TAXI, this could be a huge winning success for the company and stock . A ROBO - TAXI could be a mega disruption for many sectors and companies. I think...
Here's a big potential bullish trend continuation opportunity on the GBPJPY using structure and price action. In this video I walk you through the 4-step I.P.D.E. process used to set up the trading idea & talk about different ways to both get in & out of the trade. We'll probably revisit this opportunity as it develops so make sure you watch this space. If you...
Two weeks ago I made an analysis where I discussed a potential short-term bearish view on Bitcoin's price, see below. I argued that if I were a bull, I'd wait for either a new all-time high break out or a sizeable correction before stepping in the market again. As seen on the chart, my purple support line is holding (for now!). A reversal from this area would...
Bitcoin is moving near the upper line of the Falling Wedge Pattern . In terms of Classic Technical Analysis , it seems that Bitcoin has succeeded in forming a Cup & Handle Pattern . ( continued pattern ) After breaking the neckline, I expect Bitcoin to rise to at least the target I've specified on the chart. Note: An important point you should always...
Today, let’s take a closer look at the EUR/USD chart and analyze the downtrend. 1. Overall Trend: The chart shows that EUR/USD is in a long-term downtrend, as indicated by the descending diagonal line from left to right. 2. Support Zone: Currently, the price is touching the support zone around 1.0690 - 1.0700. This area has previously acted as a bottom and...
In daily and 4h time frame the xauusd has been in the descending channel. During the past 147 candle of 4H time frame (the past 32days). It could not reach a higher price level. It has also hit the Ichimoku support zone seven times in daily time frame and we see weakness in its trend. According to our last week analysis gold exactly hit it's 2368 resistance which...
Bitcoin price has violated the wave i overlap that I have been writing about in previous weeks. This means the lower magnitude impulse structure is no longer valid and reduces the probability of a wave v higher in the near term (which is why I removed the labels from my chart). Based on this price action, I am anticipating the continuation of the complex...
Hi Everyone! We currently still have Bearish Divergence in the 2-Week time frame with Red Line currently at Magenta Upper Level 60 Within Phoenix Ascending. The current price of the Magenta Upper B-Band within Bad Ass B-Bands is $60,600. So, we have a high probability of continuing down to proximity of $60,600 over the next 6-Days and 22-hours remaining in the...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price between two weighted levels. We have 2330 Goldturn resistance and 2312 support. We will see levels within this range tested side by side until one of the weighted levels break to confirm direction for the next range. We have 2323 bullish target before an...
THE KOG REPORT In last week’s KOG Report we highlighted the significance of that 2320 level and said that it needed to be broken forcefully, otherwise if supported, we would be looking to long back up into the higher levels as well as Excalibur targets and price will attempt to take liquidity from that 2370-75 region. During the first half of the week, we...
Hey Everyone, A PIPTASTC start to the week with our Bullish targets 2323 and 2333 shared yesterday completed today. We will now need to see ema5 cross and lock above 2330 to open the range above. Failure to cross and lock will confirm rejection to re-test 2330 and 2323 for support. We will keep the above in mind when taking buys from dips. Our updated levels...
BTC hit a new low today after breaking the 63350 resistance level, and the lowest point just fell to around 60500. From the daily chart, the 60000-61000 range is a dense trading area. The price just fell to this range and rebounded strongly. It is expected that the price will fall again along the general trend after rebounding to the upper resistance level, but...
Hey Traders, in today's trading session we are monitoring SOLUSDT for a selling opportunity around 139 zone, Solana is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 139 support and resistance area. Trade safe, Joe.
In the month of April Bitcoin price action printed a technical Gravestone DOJI candle. To confirm this candle price action must close below the previous low. That was 60.5k IF on July 1st price action is sitting under 60.5k, then the Gravestone DOJI candle is confirmed. On confirmation the bull market FOR Bitcoin is over. And in particular, legacy...
Bitcoin has almost completed its consolidation, preparing for a major pump to the upside. Although the Daily EMA is showing a Bearish trend (EMA Crossed 2 days ago), on the WEEKLY chart, the trend is still very much Bullish. However as we can see, there is a Daily FVG waiting to be filled by price action. This Daily FVG is also where many Longs have their Stops...