XRP, like many other cryptocurrencies, has experienced significant fluctuations over the past few years. In this article, we will analyze XRP's behavior from 2018 to the present, focusing on the bull market that started in December 2020. Descending Channel (2018-2020) From the summer of 2018 to December 2020, XRP was in a descending channel. This period was...
This has to be one of the best updates on TradingView in a while - certainly from my perspective. The TradingView Screener was what initially brought me to using TradingView to be able to quickly and easily filter thousands of stocks down to just the handful that met my criteria and that I wanted to research further to look at investing in. If you have ever had...
After reaching a new all-time high yesterday, Bitcoin underwent a mini flash crash, erasing more than 14% in less than five hours and falling below $60,000. Nevertheless, it took only a few more hours for Bitcoin to recover and get back above the $66,000 handle, where it currently trades. The number of Bitcoin addresses with balances exceeding 1,000 BTC slightly...
What Are Cryptocurrency Bear and Bull Traps? In volatile crypto markets, traders must contend with many challenges. One of the most common is the bear and bull trap, which can quickly catch traders off-guard if they aren’t careful. In this FXOpen article, we’ll explore how these traps work, provide examples to illustrate their characteristics, and tell about...
Hello traders welcome back to another Concept video. In this video, we detail some of the best times to trade the Eur/Usd Currency pair. This happens to be at Session opens. We go through the 3 Session opens and walkthrough examples of increasing volume ( Large candles). Session opens can provide a great catalyst for 1) a continuation of momentum of the preceding...
Liquidity is shifting within the market, moving from niche to niche as presented in the accompanying chart. One standout winner in this regard is the meme domain , which has seen significant gains because its market capitalization is small. Another area of focus is the AI niche , which is currently experiencing a surge in investor interest and capturing a...
Hey everyone! Welcome back to the TradingView Weekly Digest. In today’s edition, we’re highlighting the top posts from our community, which includes a video tutorial on “The Leap” - our first ever paper trading competition, an informative post about Nvidia’s euphoric rise, and all the latest headlines, earnings, and economic events. 💡🎥 The Leap - Win up to...
I've written many posts and made videos expressing my belief that XauUsd will reach a new all-time high (ATH) this year. Now, the question is, will it start with all-time highs this month? In my opinion, it will. But let's begin with why I'm quite certain that Gold will reach an ATH this year. It's relatively straightforward when you examine the monthly chart....
While many of us celebrate the stock markets reaching new highs, central banks worldwide are actively purchasing gold, and institutions are hedging into treasuries and yields. Interest rates are determined by the central banks whereas Yields are determined by the investors. If you choose to lend or borrow money over a longer period, such as 10 or 30 years, you...
Unhinged demand for Nvidia’s AI chips bumped the company’s valuation to $2 trillion, adding half of that in less than four months. Read how it happened. Table of Contents Genesis Compiling Speedrun Benchmark Spillover Overclock Much? Rage Quit More Players Exit Wild Rivals Appeared! Runtime Genesis It’s a crisp, sunny morning in 1993. You’re at your local...
In this video, Anthony Crudele discusses why event contracts can be a good additional tool for traders to use on major event days, such as FOMC and on the last trading day of the month. 📈🔧
As you can see in the chart, the price of CAKE has experienced significant growth after a period of decline and volatility. The price bounced back from the $1 support zone and has since experienced another minor increase after a pullback to the $2.50 demand level. The price is currently trading at $3.20. By examining the behavior of candles in the long-term time...
On Thursday, the U.S. dollar index gave up yesterday's gains at 103.93, but bulls continued to put pressure on gold ahead of the release of Personal Consumption Expenditures (PCE), and gold prices have yet to break out of range trading. The dovish Federal Reserve released a timetable for interest rate cuts, suggesting that interest rate cuts will begin in the...
We’re spinning up the first-of-its-kind trading competition and you’re all welcome to join! Traders, speculators, active investors and even the FX gurus on Instagram and the “live like me” trading influencers — this one’s for you all. Show us what you’re made of in our first-ever paper trading competition The Leap . Before we give you the full spill, let’s get...
Hello everyone, let's discuss our strategy for the new day! In general, EURUSD experienced a significant increase yesterday, with a rise in price surpassing the 1.0840 level. It is currently trading at a new high of 1.0848, after reaching a milestone of 1.0860, marking a 0.02% decrease during the day. So, what are the reasons and factors that have driven this...
The TradingView Digest - February 27th Hey everyone! Welcome back to the TradingView Weekly Digest. In today’s edition, we’re highlighting the top posts from our community, which includes a video tutorial on TradingView’s paper trading feature, an informative post about Bitcoin halving, a post on finding trade setups, and all the latest headlines, earnings, and...
Since Microsoft bought ChatGPT back in March 2023, the price of NASDAQ:MSFT stock has gone on to replicate the same pattern as the 1987 S&P500 stock market rally. Does it mean anything all by itself? No. It still needs a catalyst for the drop to happen. The 1987 stock market crash had many triggers and catalysts and the drop was a sharp 40% from August 28th,...
2023 has witnessed a significant surge in AI-related cryptocurrencies . This boom can be partly attributed to the explosive growth of NVIDIA (NVDA) stock, a leader in the graphics processing unit (GPU) industry, which are used to train AI models. Factors Driving the Growth NVDA's Rise: NVDA's price has been on a tear, forming a bullish manipulative pattern....