Bitcoin is almost ready for the final capitulation event at 62k. Is this a lifetime opportunity to buy BTC and catch the bottom? Definitely yes, you can do it pretty precisely at 62402 with your limit order. Why is this level so important? The most important is the 0.618 Fibonacci level that we can measure in the previous impulse wave. Second, we have an unfilled...
➖ Today's price action for Bitcoin was characterized by a strong rejection. ➖ The shakeout happened were prices moved higher in an attempt to scare off weak hands, while at the time time this move was a successful liquidation of over-leveraged traders (20-30X); also known as gamblers. ➖ The candle that followed turned into a rejection and the next day (today)...
💹 Let's dive into one of my favorite coins, KAS, and see if we can find new entry points for our spot positions and medium-term portfolios. 🌟 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. 🎉 ...
After yesterday's price fell, it rebounded again, but the price is still in the downward channel. The overall trend is still downward. The safest trading idea is to sell when the price rebounds to the upper resistance level. If the price breaks through 65700, the price may continue to rise in the short term. At present, you can focus on 65000-65700. If the price...
Hello traders ,what do you think about GOLD?Gold is moving in a descending channel and is below the resistance zone. It is expected to fall at least to the specified level after the completion of the correction and breaking of the specified trend line. If this post was useful to you, do not forget to like and comment.❤️
That is a big question. Like every good Ponzi scheme, early investors require fresh money to exit their positions. The ETF’s facilitated that exit. Folks who could not fathom how to operate a Bitcoin wallet let alone a Bitcoin address were left out on the sidelines for years until the arrival of the ETF. Their money was welcomed. The onset of Exchange Traded...
OANDA:XAUUSD reacted unfavorably to the resistance zone, failing to generate a strong bearish move and instead reinforcing the sideways trend. However, upon examining the 4H chart, we see a series of strong bullish candles and gradual pullbacks that have formed higher lows. With no high-impact news on the horizon for today, I anticipate a continued consolidation...
Make sure you prepare for this huge historical bullish trap on Bitcoin. Why? First, look at the price action. We have a bullish flag, that's what everyone sees. The market makers count every cent on their accounts, and this is a pretty good opportunity for them to make a lot of money by trapping retail traders. What will a typical retail trader do in this...
If you've followed my analyses for a while, you must recognize this chart. I've been looking at ADA's long-term bullish channel for almost a year at this point. Check my previous analysis below. And today, our (potentially) entry of a lifetime has been hit! Assuming that ADA will keep trading within this channel, the entry is a no-brainer. As some other...
Dear Traders, After looking at how price has behaved strangely suggesting a possible price reversal, if price drop it is likely to have. a swing bearish move since there is no strong reason for price to retest the 2277 region as it already has done once. There is another strong possibility is that, below price area of 2270 needs to be filled so we can expect...
FX:XAUUSD rises on Tuesday and Wednesday amid unexpectedly weak news in the US market, but at the same time the dollar does not tend to fall. Today is a day off in the US and gold is creeping up towards resistance. The price is resting in the strong resistance area of 2332, the limit resistance level formed by the sellers does not let the price go beyond it....
My indicator is telling a story. Will we see the same BULL PERFORMANCE? 1D TF BULL RUN has been ready. This was about a 12k BULL RUN. I’m going off of my bottom indicator because the 1D BULL will rise it up to $100k in value. Or will the BITCOIN BULL keep DANCING 4 US? BREAKING NEWS I have a new BULL RUN SIGNAL on a 1D TF. It’s still in the process. That will...
BTC Price Perspective: As of now, the dominance of Bitcoin (BTC) in the crypto market is quite close to the cycle top at 56%. Based on previous trends and current market observations, I am anticipating this to reach around the 57-58% mark before experiencing a rejection, much like the last two cycles we've seen. In the first cycle, BTC dominance was at its peak...
Hello everyone My plan on the XAUUSD pair also called "GOLD" should continue its sale until 2320 on Wednesday, of course it remains a probability, the market price could very well return us to 2370 initially. .
End of day update from us here at KOG: Yesterday we wanted that pullback into the lower level to go long, and suggested higher pricing. We started with an opportunity to short, which worked well into that level, and then a soft bounce of the level. We gave RIP levels, each of which gave opportunities to take the long trade which now should either be taken or...
AUDJPY - Use This Only as a Reference Selling XXXJPY pairs is very risky taking in consideration the fundamental perspective. We should know that the bearish wave will be initiated only by BOJ. I am sharing this setup only to for those of you who are LONG in AUDJPY trade and should know that it can move down again. AUDJPY reacted several times near to the top...
CRYPTOCAP:TOTAL Total crypto market cap may rebound from support trendline of ascending triangle Successful bounce from this trendline lead to bullish continuation , However, a breakdown could trigger a bearish trend, pushing the market towards $1.85 trillion. Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad....
Hello traders ,what do you think about GBPUSD? The currency pair has broken its channel and is below the resistance zone. It is expected to fall after the pullback to the broken zone at least to the specified levels. If this post was useful to you, do not forget to like and comment.❤️