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...
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...
Any questions? Follow the trend lines with lows and highs. 14D TF dotted blue lines squeezed into a 4HR TF. Shows the end of dip but I have another idea showing a possible dip to $57k zone but no confirmation yet. BTC same pattern but with different volume. BTC not ready to fall deep. Added a selling Zone for myself. I will reevaluate BTC once it reaches SELL...
Introduction - Bulls are holding 43-year trend line at 2360s while NASDAQ bears formed a soft ceiling at 2400 that should hold past through May 1st FOMC. The result has gold range bound, predominantly between 2367-2392 for the incoming nine trading days, after which gold should head for 2444 and higher. Details - Follow up to 9-1 DRAFT's failure to break out...
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
Hello, BTCUSDT traders! Today, BTCUSDT continues its downtrend from the start of the week, currently experiencing a slight recovery around the $61,700 mark after dipping to a low of $59,700 yesterday. Despite this minor rebound, the overall trend remains bearish. In the short-term chart, our strategy continues to favor selling, as BTCUSDT has broken down through...
Hey Everyone, Another great day on the chart today buying multiple dips inline with our chart idea. Yesterday after hitting our bullish target at 2389, we got the rejection, as no ema5 lock above this level. The rejection maintained support above 2349 Goldturn, allowing us to buy dips back to 2389 target. We will continue to see this level tested until broken...
From the daily chart of gold, a K-line combination similar to the "evening star" appeared near the historical high, suggesting that the gold price has initially peaked, and we need to beware of the possibility of a decline or a deep correction in the market outlook. Since gold showed an uptrend pattern, we have experienced multiple corrections. Most adjustments...
Hello dear friends! It's a pleasure to meet you again and discuss with you in today's chat. As such, XAUUSD continues to consolidate at high levels with continued growth, without a false break of the uptrend channel occurring, it is currently touching $2406 at the time of writing, marking an increase dramatic 1.13% on the day. The growth scenario at this time is...
Hello, dear friends! Let's dive into today's gold price dynamics together! Last night, gold underwent a significant adjustment. The precious metal's price sharply declined as fading expectations for a U.S. interest rate cut overshadowed the demand for safe-haven assets amid escalating tensions in the Middle East. On the analysis chart, gold traded around $2365...
Hello dear friends, after a brief dip last evening, gold is back on its quest for new highs. So far in today's trading session, gold is making another push to surpass the $2,400 barrier, buoyed by a fresh decline in the U.S. Dollar and persistently low U.S. Treasury yields which favor the non-yielding metal. As such, gold may continue to find demand as a safe...
As expected, EURUSD began to correct yesterday after a sharp decline, officially confirming a new low and pushing the pair up to 1.0678 in the early trading hours of Thursday! This recovery in the EURUSD pair is bolstered by renewed selling pressure on the US Dollar and a risk-friendly market environment. The focus remains on retreating to the 0.5 - 0.618...
Great R/R on this entry I like the potential for a typical "flat correction" here on a larger fractal wave, which i have labelled WXY and its subwaves all good enough to expect a completed 5 wave move (impulse) lower here, highlighted by the pink wave count.
Hello TradingView Family / Fellow Traders, Let's keep it simple! BTC has been trading within a large range bounded by $60,000 support and $70,000 resistance. Currently, BTC is hovering around the lower bound of the range at $60,000. Scenarios: 1️⃣ Bullish As long as the $60,000 support holds, we expect the bulls to take over and push the price towards...
FX:XAUUSD is trying to consolidate above 2365. This area is an intermediate bottom and plays an important role for the bulls in the medium term. The range of 2365-2400 is being formed. Idea of Apr. 16: GOLD → There's no limit to the bulls' activity. Support retest In general, everything is the same, but after a strong rally, the price makes a small stop...
Today, gold prices continued to rise sharply on the last trading day of the week, increasing by nearly $35 to reach a peak of $2418 before settling around $2410 at the time of writing. The momentum behind gold's rise remains intact after it rebounded from the 34-day EMA line, with technical factors still supporting the price. Many believe that gold is being...
This is a strong scenario right now and something we have all been wondering... How are you feeling today? With so many Altcoins now really strong but yet to complete their bullish cycle and Bitcoin ultra-bullish, it calls for additional growth many people say... I hope you are having a wonderful start to your week! ➖ Bitcoin is trading near resistance, at...
BTCUSD continues its downward trajectory on the 1D chart today, as short-lived recoveries give way to more pronounced bearish momentum. On the chart, BTCUSD is revisiting the EMA 89 line, also approaching a key support zone in this area. There is potential for a corrective bounce from this defensive position, but certainty remains elusive as bears may target this...