AMEX:SPY March 20, 2024 15 Minutes. AMEX:SPY opened gap down. So closed shorts around 511.5 levels. Consider the last rise from 511.13 to 515.99. Holding today, 514 levels I expect AMEX:SPY to make one more attempt towards 518-518 levels. AMEX:SPY has closed above all moving averages. The black bar on stochastic is on top, During retracement from 515.47...
Dear friends, gold has rebounded again after hitting 2148 in the short term. Gold is currently trading near 2154. Judging from the current gold trend pattern, the bullish momentum of gold has not been exhausted yet, and gold is expected to continue its rebound. However, the technical pressure above is relatively strong.So gold is relatively in shock. In fact,...
Possibly, In a short term perspective, BINANCE:PEPEUSDT is in downtrend move. We are expecting a huge bounce around 0.00000520 area, which also near on daily pivot point and 0.618 Fibonacci level. We can wait for an entry confirmation BEFORE buying.
My thoughts on Bitcoin for now are that it entered a weekly consolidation before moving higher. Ichimoku Tenkan Sen 3D (double settings) should become support, however a wave of FUD can push it all the way down to our Local GP. Watch the video and if you like it follow me on YT, I should start posting an update every Wednesday. Cheers!
GBPJPY is rising towards a pullback resistance and could potentially break above this level and climb higher. Buy entry is at 189.153 which is a pullback resistance. Stop loss is at 188.484 which is a level that sits above a swing-low support that aligns with 50% Fibonacci retracement. Take profit is at 191.317 which is a swing-high resistance High Risk...
GBP/AUD LONG "break of structure + 72% fib retracement + demand area" RBA Policy Change: The Reserve Bank of Australia has shifted its stance, removing its tightening bias and indicating a potential for rate cuts in the future due to concerns over high inflation and a sluggish economic outlook, leading to further depreciation of the AUD.
Hey traders, Look at BTC topped exactly on the 4.236 ext of the 3.1k low to 20k top. ETF's are good for inflows? What about Cannabis stocks? It did the cannabis stocks good? hmm. Think agian. This is looking very bubbly if you ask me.. GL if you longing from here tho...
FX:XAUUSD is being held very tightly within the downward correction channel. The fundamental background on the market is weak, at this time the dollar is growing, which in general negatively affects the price of metal. Set-up on H4 shows us a strong resistance on the market. In general, this is due to the negative fundamental factor because of the economic...
FX:AUDUSD continues to form a downtrend in the medium term. There is no way the Australian dollar can change the trend against the backdrop of a consistently strong US dollar. Global and local trends coincide and have a downward trend. The dollar index continues to trade on the wave of positive economic news. Most likely in the future the currency pair will...
FX:EURUSD is testing the local channel support. The probability of a breakout attempt is quite high, as the currency pair is trading on a negative fundamental background. The dollar is strengthening after a wave of positive news, at the same time EURUSD is hitting a strong resistance at 1.0949 on D1. A bearish candlestick is being formed with the session...
BINANCE:BTCUSD breaks through the 69K mark, grows by 8% and hits a strong resistance zone. There is a high probability of forming a false breakdown before further correction, as there are reasons to weaken the price a bit before further growth. The flagship of the cryptocurrency market updates the high at 73794. Technically, 69K is starting to sell off...
Hello everyone, let's look at the 4H BTC to USDT chart as we can see that the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can include: T1 = $65,158 - $65,877 T2 = $66,861 AND T3 = $68975 Now let's move on to the stop-loss in case of further market declines: SL1 = $62,880 - $61,808 SL2 = $59031 The...
Silly is a memecoin on the Solana network, currently retesting the proof of concept, possible trend reversal to the upside, and new all-time high. Based on the Fibonacci extension and its most extreme point
as gbpjpy had a rally upwards and also going for retracement over rally till now we have support level on 50% fibo level so we will waiting for GJ to retrace back to this level and would then put our long so till that level we have an opportunity to put our shorts here
Let's analyze the INJ coin, a popular cryptocurrency, on higher timeframes and daily charts. 📈🔍 This coin had a sharp uptrend after breaking the $7.97 line, reaching approximately 440% growth and touching its all-time high at $52.05. 🚀💰 After this rise, the coin is currently forming a Distribution Zone box. The characteristics of this box include good news,...
Cronos #CROUSD: CRYPTO:CROUSD Cronos a cryptocurrency that has shown exceptional performance since October 2023, marking the end of a correction at $0.0488. We've developed a Wave (1) and have completed a Wave (2), which ended as a zigzag correction. This correction reached the 61.8 to 78.6 level beautifully, a common occurrence in cryptocurrencies, often...
Today, we are going to give you a medium- and maybe even long-term idea for the CRVUSDT price to make it easier to follow. Recently, the CRV price has finally managed to show some growth and break through the trendline. Now, theoretically, price may be testing trend line "strength". If everything goes well, and the CRVUSD price is not allowed to fall below ...
FX:EURUSD Preference: After testing a gap on the daily EURUSD responded with a strong downtrend. At the 23.6 price created a short pullback that turned out to be a bear flag to continue the downtrend. If price fails to break above the 23.6 there is a good chance the downtrend will resume to retest the lows. Alternative Scenario: We need to see price respect...