New thread
April
510-505
I would personally buy calls all the way down to 505
10 days out for a bounce 514
Taking profit 512-514
Then I would get bk into shorts all the way down 505 or lower as low as 495 this upcoming week
weekly range keeping us in a corrective phase no higher 516
as low as 495
WILL UPDATE SUNDAY NIGHT
Introduction - Didn't your mother ever tell you not to play with your food? Bulls with upper hand near 2400s once again trapped by hubris. Believing themselves invincible post Powell speech allowing bears to hang around with the door to 2275 still wide open. Will they regret this indecisive decision? Only time and Binary Forecasting Service's trend engine will...
Bitcoin crashed significantly, as I warned you in one of my previous analyses:
What now? Is the crash over? I don't think so! The halving event is in a few days, and huge volatility is expected. The problem is that below the current price, we have a double bottom pattern, and there is a lot of liquidity that whales need for their huge buy orders. It's really...
Today, gold prices maintained their high stance, oscillating around $2385 and briefly approaching the $2400 per ounce mark.
Escalating tensions in the Middle East have bolstered gold's appeal. Recently, there has been a consistent influx of capital towards gold as a safe haven. The metal could potentially surpass the $2400 per ounce threshold again if conflicts...
Hello traders.
Currently, BTCUSD continues to maintain its bearish trend without any significant reversal, with the price currently consolidating around $63,884 near the boundary of the 34 EMA (reflecting the coin's negativity). If conditions are favorable, we intend to continue selling BTCUSD from this point on, Fibonacci 0.5 and 0.618 also indicate selling...
Hey Everyone,
Please see update on our 4h chart idea we shared Sunday, which is playing out perfectly.
We were looking for a retest at 2389, as our Bullish target, which was hit perfectly completing this target and no further ema5 cross and lock above this level, which confirmed the rejection.
We will need to see ema5 lock above this level to see a continuation...
With just two days left until the Bitcoin Halving event, BTCUSDT remains weak, hovering around the $63,800 mark without showing significant changes in trend, as it is still in a correction phase. It successfully broke the uptrend trendline and found some minor recovery momentum around the $61,000 support level.
However, the path ahead for BTCUSDT is fraught with...
Hello dear traders. Come discuss and strategize with me today!
Overall, EURUSD is trading on negative fundamentals below the 1.0726 resistance mark. Currently, it is consolidating around 1.0624, with immediate support seen above the 1.0615 mark. It can be seen that on almost every time frame, EURUSD has leveled off after the previous sharp decline, this is...
The Bitcoin 2024 Halving is only 5 days away —according to CoinMarketCap— and this is truly a major event in this market. Bitcoin's halving has a huge effect on the entire Cryptocurrency market in a positive way.
The halving is something good and was implemented as a strategy/feature/solution/technique to fight the highly feared and polarizing monetary inflation...
Hello dear friends!
Overall, XAUUSD continues to be supported by bulls. Mainly due to crises from the Middle East. It is currently trading steady around $2,384, up 0.06% on the day. Do you wonder why gold increased so strongly?
Regarding international market information: Gold prices rose higher at the end of the North American trading session, up 0.22% following...
Hello dear Bitcoin traders!
Overall news: With just two days left until the Bitcoin Halving event, BTCUSD is still weak, fluctuating around the $64,000 mark without showing significant changes in trend as it is still in the recovery phase. correction, receiving support from $61,780. However, overcoming the resistance as mentioned on the chart remains the...
FX:XAUUSD is showing strength as a hedge asset. The price continues to indicate to us that it intends to go even higher. The market is cleaned up after the shakeout and the big player continues to play his game.
(Idea from Apr.16: GOLD → There's no limit to the bulls' activity. Support retest)
Bulls form another intermediate bottom at 2365, building a limit...
EUR/USD has continued its descent, nearing the 1.0620 level, moving away from the year-to-date low of 1.0600 recorded at the start of Wednesday's Asian trading session. However, hawkish comments from Federal Reserve officials and the flow towards safe-haven assets could bolster the US Dollar and restrict any near-term gains for this currency pair. Nonetheless,...
Introduction - London, of all places, vigorously defended 2373 and destroyed scheming bears' setup for 2285 this morning. Is this a sign that miracles do happen? No, it simply means 2444 is next. This also means a slow side-ways-to-up to 25xx in mid-May before MAJOR CORRECTION ahead of 6/12 FOMC. As always, we trade one day at a time and will cross that bridge...
Hello friends!
Currently, Gold prices are struggling below $2,400 early Wednesday after seeing a quiet close a day ago. Gold makes another attempt to regain the $2,400 level, as the US Dollar, following a slight pullback in US Treasury yields, awaits a new series of speakers from the US Federal Reserve.
According to CME Group's FedWatch Tool, markets have placed...
WATCH SUPPORT LEVELS TO PAY ATTENTIO!
Short Term Price Target
$155.27 to 146.54
1. Tesla's Stock Price Below $100.00: The fact that Tesla's stock could drop below $100.00 suggests a significant bearish sentiment in the market. Investors may be concerned about the company's performance or broader economic factors impacting the stock.
2. Possibility of Dropping...
Gold prices continue to climb today, driven by a heightened demand for safe-haven assets as tensions between Iran and Israel escalate, prompting investors to flock to the gold and U.S. dollar markets to protect their wealth.
Despite the strengthening U.S. economic indicators and the rising U.S. dollar index—which raise concerns that the Federal Reserve (Fed)...
Hello dear traders!
Overall, SOLUSDT is seeing a weak recovery in the bearish trend.
In this scenario, we may consider a selling opportunity as it completes a test of the bearish channel around the 140.00 mark. The target for this decline is at the 124.60 mark.
Good luck and remember to set your take profit (TP) and stop loss (SL) levels properly!
