Usdjpy has held 151.750 as a strong resistance level for quite some time, recently it broke through this level and has stayed above it.
It's time to look for good buying opportunities.
As of now I am Neutral on this pair until I receive more Info before London session so I will Update yall tonight rather if price goes up or down depends On the DXY but long story short if price respects the Resistance we will short if price breaks above then we will go long check back fro up dates later
I think the Dow entered a downtrend, which turned its high into a short position. The price is likely to correct to 38800 and from there continue its downward trend until it reaches the important support of 35,000.
As you can see
After the price tests the 61k zone, we will go up
As you can see, we can capture the goals that we gain on a time basis
A beautiful example of cup&handle pattern.
I think the bottom expected by the market will be around 58k. (If it fall, i will buy the dip)
While everyone is afraid, the brave ones usually win more.
Fundamental analysis:
Gold futures in New York extended their record rally on Tuesday, buoyed by buying momentum and geopolitical risks. COMEX gold futures rose 0.89 percent to close at $2,372.00 an ounce on Tuesday, after hitting an all-time high of $2,384.50 an ounce earlier in the session and hitting a record high every day since March 28. Investors are...
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...
Alaska Airlines ( NYSE:ALK ) faced a hiccup in its operations as flights were temporarily grounded due to an issue with the system responsible for calculating weight and balance. The incident, which affected both Alaska Airlines ( NYSE:ALK ) and its regional carrier Horizon Air, prompted swift action from the U.S. Federal Aviation Administration (FAA) and sparked...
I think at this point we can very clearly define the areas of bear risk and bullish breakout in BTC.
I've seen various calls for pullbacks to the 50K area and then bullish continuation. While that does make a lot of sense in ways I find that hard to expect given BTC has never done that previously. In all instances where BTC has made a bullish breakout the...
However, Immediate Resistance around 24 - 25
If 15.50 is Sustained on Monthly Basis, we
may witness further Upside
Good Support Levels are around 20.60; 18.50
then 15.50
Solana (SOLUSDT) is now trading below EMA10 weekly but we are going to be looking at a different signal right now, one that came out recently before last week's drop.
Whale alert! — Whales are moving around billions of dollars worth of SOL.
👉 Transactions in the tune of $817M (2x), $782M and $682M are exchanging hands right now and the last time this happened...
The Wyckoff Distribution Schematic seems to line up pretty nicely for another short term drop as we enter phase e of the cycle. My expectation of the drop will bring us down to test the bull market support band, which is where I'd expect to see a bounce and a of consolidation before a continuation to the longer term trend to the upside.
Worldcoin ( MIL:WLD ), a global digital identity and cryptocurrency initiative, has announced the launch of its Layer-2 blockchain, World Chain. The tool is designed to improve the efficiency and scalability of the Worldcoin ecosystem, as it continues to expand and onboard new users. World Chain will be secured by the Ethereum network and will work closely with...
Bearish Divergence on Daily TF but Bullish
However, Bullish Engulfer is expected On Weekly
basis if Closes above 111.50
Making HH HL on Daily TF
111 - 112 can be a Good Support area to
take Risk if we can see few Bullish Candles at
this level
100 can be the Stoploss level on Closing Basis
Market breakdown on Bitcoin.
We've been eyeing this range for a log time. If we rotate up, great! If we break bearish then we are headed for the daily last higher low at 50k. I will be looking for entry on the retest.
Bitcoin is an invention designed to grow forever as long as we live.
If you see the same vision, don't forget to support the analysis.
I'm releasing UPDATE2 earlier than planned because today the channel reached *666* followers. The analysis is set for long-term updating.
It doesn't matter if the price is 70k or 50k as long as you see the big picture.
The world...
