If you haven`t bought ETH before the rally: nor sold the top: It seems poised for consolidation within the $3000 - $3250 range, which aligns with my buy zone. From the perspective of the macro cycle, we have broken the weekly short defensive point, which means that sooner or later we will challenge the historical high, so we remain bullish.
The market is nervous, giving rise to mixed signals. Whatever stance you take on the euro, it has a lot to do with gambling due to the upcoming consumer price index and the ECB. If you don't want to sink in this non-agricultural market, you can follow me
hey traders look at the chart, gold still playing in a bullish parallel channel blue lvls = long-term fib ext yellow lvls = long-term dynamic lvls ( Pitchfan ) white lvls = long-term fib retracement all these 3 lvls confirm this area for potential resistance area as long we play below the dynamic and fibs in 4H n daily TF, we can expect the selling pressure to...
Trading the breakout of the falling wedge. #NFA #DYOR
The Biden administration has taken steps to reclassify marijuana use as a less serious crime. This potential policy change, if finalized, stands to be the most substantial adjustment in federal marijuana regulations in over four decades. The U.S. Department of Justice, overseeing the Drug Enforcement Administration (DEA), has recommended reclassifying cannabis...
Price action analysis for DXY. Important key levels. Potential scenarios ahead of FED interest rate decision. ❤️Please, support my work with like, thank you!❤️
Price is still within bull flag and above the red rising channel, but it has lost the Value Area Low, for now. It needs to hold above the channel, or bounce off the bottom of the bull flag, otherwise, we visit $52K. The Stoch RSI is showing a possible bullish cross, and the money flow looks like it could be bouncing, but at the same time, the MACD has a bearish...
Hey Everyone, Once again our chart is playing out level to level. Yesterday we got our bearish target hit first at 2327 with no lock below and therefore confirmed the rejection and gave the perfect bounce inline with our plans to buy dips for a nice clean catch. Today we got the lock below 2327 opening the retracement range, which was hit perfectly and gave...
Trading is a trial and error process! In the case of continuous errors, the main problem is the shrinkage of funds and psychological suffering! A trader must reduce the probability of mistakes, because your profit comes from someone else's loss. That is to say, when someone makes a mistake, there will be profits for people to earn in the market, but you can't...
The daily chart for Bitcoin (BTC/USDT) illustrates a downward trend with a descending trendline that marks the resistance level (R1). Currently, Bitcoin is priced at $60,082.01, with a significant support level (S1) at $63,097.93, which it has recently broken through. The next support levels are at $59,065.59 (S2) and $56,226.29 (S3). The resistance marked by the...
The daily chart for Ethereum (ETH/USDT) depicts a descending trendline, highlighting a pattern of lower highs, indicating a downward pressure in the market. Ethereum's current price is $2979.55, facing resistance (R1) at $4126.11, which is a significant jump from the current levels, suggesting R1 might not be an immediate concern. More relevant is the immediate...
The 4-hour chart for Binance Coin (BNB/USDT) shows that the price is currently oscillating within a relatively tight trading range. The price is currently at $569.6, with the chart indicating a primary resistance (R1) at $649.1 and a strong support (S1) at $490.8. A secondary support level (S2) is identified further down at $349.9. The price has rebounded...
Hello Everyone, FRA40 remains a favorable buy, though currently, sellers are entering the market as the price has been turned away by the monthly, weekly, and daily pivot points. However, the strength of the daily support structure has yet to be tested. Both potential scenarios remain viable at this juncture. TradeWithTheTrend3344
The daily chart for Chainlink (LINK/USDT) indicates a recent bearish trend, as highlighted by the descending trendline, with the current price at $12.995. The chart showcases a resistance level (R1) at $16.577, beyond which R2 and R3 are marked at $21.477 and a high near $22.868, respectively. The primary support level (S1) is set at $12.205, which is crucial for...
As We Talked in The Previous Analysis: The Gold Price Failed To Create a New Higher High ! The Support Line is Broken ! Presently, The Price Has Pulled Back to 0.5 Fibonacci Retracement Level and Formed a Bearish Double TOP Pattern. --------- TARGET: 2260.000🎯
Learn to leverage CME Group's Event Contracts for trading the E-mini S&P 500 on month-end. Watch how Anthony Crudele breaks it down in this video!
Hello Everyone, The 1M/1W/1D PP for EUSTX50 has functioned as a resistance point, indicating a potential further decline, possibly even testing the 1Y Support level, before any bullish momentum resumes. TradeWithTheTrend3344
Hello, friends! 😊Today we're looking at the Ethereum to Bitcoin chart! As everyone knows, the Ethereum to Bitcoin price indicates how many Bitcoin units are needed to buy one unit of Ethereum. That's an important metric for traders and investors as it reflects the relative strength or weakness of Ethereum compared to Bitcoin in the market. 👀Keeping an eye on...