BINANCE:XRPUSDT is the strongest of the market. As ETH & BTC fall, ripple is holding quite positively as traders are starting to believe in growth amid rumors... Ripple CEO recently said that he expects a legal resolution to the situation between the SEC and Ripple “very soon” Many are speculating that the SEC's closed-door meeting to finalize the case...
The GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours. FX:GBPUSD Key Points: Sell Entry: Consider entering a short position around the current price of 1.2916, positioned close to the...
FX:GBPUSD is forming a counter-trend correction amid the dollar recovery. Ahead of PCE, data may determine the medium-term outlook for the FOREX market Technically, the market is increasing bets that the PCE may show hints of lower inflation, which will generally increase the chances of a September interest rate cut in the US. This could be negative for the...
BINANCE:BTCUSD is strengthening by 25% from the intermediate bottom and after retesting the support of the classic “FLAG” pattern. The fundamental and technical background is positive enough to consider further price growth July 9 Idea: BITCOIN → Fear in the crowd is a bullish sign ↑ Flag and SFP Fundamental Situation: the market is waiting for the launch of...
BINANCE:DOGEUSDT is breaking trend resistance and on W1 the bulls have kept the price above the risk zone. Prospects are emerging for a possible rally.... The 0.1-0.05 area is the bottom of the market. Strong accumulation is forming in this area. The price left it back in the spring, but the recent retest showed that the bulls are not ready to let the price...
Expecting a Flag pattern , Confirmation will be made when BTC will breakout this flag and retest it successfully. Then the target is 100K. You should enter in this trade after successful retest.
FX:XAUUSD in the correction phase. The market is testing the support and liquidity zone within the counter-trend correction. The dollar may continue its downward phase, which would be a bullish leverage for the gold market In the week ahead it is worth paying attention to the S&P PMI to be released on Wednesday, GDP and Initial Jobless Claims on Thursday and...
FX:GBPUSD is in a correction phase testing the liquidity area as well as a strong support level from D1. The correction is news related, but something happened over the weekend that could put selling pressure on the dollar. Technically GBPUSD is bullish, as evidenced by the update of the highs and the counter-trend correction to the liquidity area....
Price at line, is it an indication of too high, I think so. Also, the price of ENS is kind of expensive if you ask me. I've promoted the aspect of ENS and do feel strongly about the concept as being innovative and creative still the price of Ethereum Name Service is around $160. Does the price of ENS peg to Ethereum like an NFT? I hope not and if so the price for...
BINANCE:BTCUSD is experiencing times of high fear and negative sentiment among the crowd. From a psychological point of view, this could end in a bullish momentum. But there is always a but! For now, big buyers are actively holding back a possible fall amid transfers of the previously hacked crypto exchange Mt.Gox to its debtors and BTC sell-offs by German...
Chart 1: 15-Minute Timeframe Key Observations: Trendlines: The chart displays an ascending channel pattern. The upper and lower trendlines are drawn to capture the price action within this channel. Resistance Zone: There is a marked resistance zone around 2470-2480, where the price has faced rejection multiple times. Support Levels: Immediate Support: The lower...
FX:USDJPY is coming under bearish attack. Immediately after the US CPI release, the Japanese Central Bank intervened in the FX market to support the yen. Fundamentally this was to be expected. Japan's central bank is not trying very hard to preserve its national currency. In order to invest minimal effort, policymakers took advantage of the US CPI report. The...
METROPOLIS fut broke above flag pattern on an hourly/daily charts with very good OI build up suggesting long build up. Risk:Reward = 1:3 Could be bought with mentioned stoploss & target. Not to b missed
I thought I would look at BITCOIN as I've been doing my Plan Your Trade videos. I don't follow BITCOIN much - but the skills I teach related to price channels, Fibonacci Price Theory, Anchor Bars, Fibonacci Retracement/Extension, and others can be easily applied to any chart. So, I created this video to share with you how I look at opportunities and pertinent...
Daily Chart: On the daily chart, SMCI is forming an ascending triangle pattern, a bullish continuation signal. The price has been making higher lows, suggesting accumulating buying pressure. The resistance level around 972.44 is crucial. If the price breaks above this level, it could signal a continuation of the uptrend. However, if it fails to break through,...
Hi. BINANCE:NOTUSDT 🔵We have a Bullish Structure here NOTUSDT formed a flag on 4h timeframe🤔 Up we go if we do breakout ,also a bullish Divergence (RD+) on MACD which shows Positive Signs for NOTCOIN. ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 Bullish flag . 🟢Bullish Regular Divergence(+RD) Stay...
NZDJPY has been in a downtrend and will likely to continue that trend as it is posting s a bearish flag continuation pattern. Also a 15 Min Bearish Divergence on the Rsi can be observed.
Here on SEED_DONKEYDAN_MARKET_CAP:JASMY , a classic Cup & Handle formation, target 0.0345 But at the same time, we have a Bull Flag with already tested support, with target on 0.046!