Greetings dear trading community, let's explore today's gold price movements! Gold continues to elevate its stance this Thursday, marking a significant rise from yesterday's price of 2175 USD to currently hover around 2190 USD. This upward trajectory is heightened by investors' anticipation of the upcoming U.S. inflation data. The focus is squarely on the U.S....
Greetings, splendid companions! Letβs dive into the golden hues of yesterday's market. Gold seemed to pause after brushing against the $2,200 mark once again, finding a steady rhythm around $2,178 in the early trading hours of Wednesday during the Asian session. Peering into the future prospects for gold, the short-term outlook remains bullish. Anticipation is...
Wolfinance star analysts believe that although the overall performance of the U.S. economic data released last week was strong, supporting the rise of the US dollar and hindering the rise of gold, the Federal Reserve reiterated that it will cut interest rates three times this year, and investors have high expectations for the Federal Reserve to cut interest rates...
EUR/USD holds a very narrow range in the low 1.0800s. Bargain hunters are still likely to look at dips to near 1.0800 as a buying opportunity for now. Short-term trend dynamics are neutral while the daily and weekly DMIs still lean, if only moderately, EUR-bullish. That should limit downside pressure on spot in the near term at least. Resistance is...
Hello fellow BTCUSDT traders: Yesterday, we discussed the slight retreat of BTCUSDT, and it unfolded just as we anticipated. Following the successful breach of the $68,000 resistance level, price behavior began to correct, seeking support around $67,600. The price continues to oscillate around the EMA 34 and 89 after encountering resistance at $71,300. I remain...
Hey Everyone, Yesterday we advised after hitting our final target at 2197 followed with the rejection back into the range will re-activate all the levels again. Once again we saw price find support at 2175 Goldlturn followed with a nice push up into 2181 and 2191 for another round of buying dips with 2197 now left open. We will continue with our plans to buy...
BTC has been rejected from the MA 100 and the Ichimoku cloud resistance, bouncing back after retesting above the descending triangle. The bulls now require a breakout above the Ichimoku cloud resistance for solid bullish confirmation.
Greetings, We are excited to announce the commencement of coin analysis requests for the month of April 2024. Submission Deadline: April 5th, 2024 Guidelines: We kindly request that every member submits only maximum of TWO request. Please adhere to the specified format, such as ETHBTC, ETHUSDT, or ETHUSD, when specifying the coin ticker symbol or...
ETH HAS BEEN SERVED BY THE SEC! GOOD BYE ETHEREUM! Hello everyone. Just as I thought something big was going to happen well here it is. SEC is going after Ethereum. A lawsuit by the SEC has possibly already been filed. If you need a better explanation please watch the video by Bitcoin University on youtube that just came out, he explains it fully and why he...
Greetings, BTCUSDT traders! Today, BTCUSDT sustains its recovery streak. Although we've yet to witness a significant surge in price, the bulls have commendably reclaimed their ground. Currently, the price oscillates around $70,270, with a slight retracement to the 0.618 Fibonacci level. The technical outlook and buying targets remain highly favorable, aiming for...
Introduction - Once again with conviction in due diligence and much, much anticipation, Binary Forecasting Service presents 2300 tomorrow by noon New York time. From time of posting at 4:46 PM ET on 03/27, that is less than 20 hours away and I am dead serious. Details - For background , see previous work in links below to recent drafts. Otherwise, consider: 1)...
With the new review of gold in the 1-hour time frame, we see that the price rose to $2200 last day and then it was corrected! Now, in my opinion, gold can be associated with a growth up to the range of $2203 to $2210 and after that we can have a SELL position with the right trigger! As I said before, the first supply zone is between $2203 and $2210, and the next...
We know this is an unpopular opinion BUT technically, Bitcoin is ripe for a move to the downside. On the monthly chart, we can see that we've completed a major wave 1 impulse and now we're in a wave 2 correction. We're looking for one more move down to complete this wave 2. See monthly chart below: It looks as if we're making a 535 correction and therefore,...
Since our initial investment in Marathon Digital Holdings NASDAQ:MARA in early October 2023 at $7.31, the landscape has dramatically transformed, propelling Mara to a striking $33.77. However, the journey hasn't been devoid of challenges, notably the three-month sideways movement troubling the stock and a pervasive sense of FUD (Fear, Uncertainty, Doubt) among...
We see that the pair is overwhelmingly bearish. But is there is chance for a little bit of bullishness in all of these...? Watch the video to find out.
β Bitcoin produced a new All-Time High followed by a rounded top pattern. β Bitcoin is now moving within a lower high compared to the newly established ATH. Any trading below the ATH βsuch as is happening nowβ can be considered a SHORT opportunity. The stop-loss can be set above the ATH. Below the full numbers... _____ SHORT BTCUSDT Leverage: 8X Buy-in:...
Gold is currently moving in a descending triangle. Key support: 2144 - 2149 Key resistance: 2158 - 2163 Gold is waiting for interest rates to come in and provide a 200-400 pip fluctuation! π° Fundamental analysis: Numbers above the expected limit of inflation in the United States last week confirmed that price pressures persist and the final stage of...
Preface This analysis is based on historical price action. Since BTC only had a couple of cycles before, the data presented is based on just a few observations. Furthermore, this analysis will use calculations based on a mathematical model based on these few observations. TLDR/Summary at the bottom. Goal of this analysis In this analysis I'm going to take an...