Bitcoin is almost ready for the final capitulation event at 62k. Is this a lifetime opportunity to buy BTC and catch the bottom? Definitely yes, you can do it pretty precisely at 62402 with your limit order. Why is this level so important? The most important is the 0.618 Fibonacci level that we can measure in the previous impulse wave. Second, we have an unfilled...
FX:XAUUSD continues to be under strong pressure from sellers on the back of a strong dollar. The market failed to overcome the 2325 area and is heading for a support retest. Ahead of the news (Core Retail Sales, Retail Sales), increased volatility is expected. Traders are expecting neutral-bullish data against the US market. If the figures are higher than...
BINANCE:UNFIUSDT is showing positive dynamics amid the red cryptocurrency market. The coin is approaching strong resistance and we have the potential to catch a breakout with subsequent growth. On the weekly timeframe, the coin is still in consolidation (range 16.0 - 2.5). But, against the background of the general neutral trend we have a downward resistance,...
BINANCE:BTCUSD is not ready to pass through 71500 yet and continues the correction phase, testing local lows and liquidating buyers in order to increase the position of a major player. Consolidation is clearly visible on the higher timeframes. The resistance area of 71500 plays an important role for the market, a breakout and consolidation of the price above...
Good Morning Traders, Trust you are great. Still based on my fundamental analysis of yesterday. I expect a rally on AUDUSD. You can read it here: Cheers!
Make sure you prepare for this huge historical bullish trap on Bitcoin. Why? First, look at the price action. We have a bullish flag, that's what everyone sees. The market makers count every cent on their accounts, and this is a pretty good opportunity for them to make a lot of money by trapping retail traders. What will a typical retail trader do in this...
Here is a hidden bullish divergence that is still in process. Show to complete by today at 5 PM PT. MY custom RSI has not completed its lower low yet and will by today at 5 PM PT. This means the bullish reversal from a LL will start making its way up. Then hopefully the BULL gets released. J symbol for the month of JUNE and numerics for the day of the month....
The GBP/CAD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Double Bottom Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Double Bottom...
Low Volatility. Following the volume. I've customized a setup to show volume and history volatility in vertical white lines so we can see what expectations are for our next move. Reads super low volume and volatility. So get ready. Huge results are moving forward. As always, moving up into a wavy up and downtrend until it reaches its $85k destination. Plenty...
Hello everyone My plan on the XAUUSD pair also called "GOLD" should continue its sale until 2290 on Tuesday and Wednesday, of course it remains a probability, the market price could very well return us to 2370 initially. .
Bitcoin has reached the critical weekly support area around $64,000. This zone is highly sensitive. Despite the price decline, we've seen an increase in Bitcoin's dominance and a decrease in altcoin dominance. Maintaining the weekly support is crucial for overall market stability and potential upward reversal. Therefore, this level must hold to keep the chance of...
FX:XAUUSD has been facing strong bears since the opening of the session. The price returns under 2325 and forms a consolidation. Earlier there was a retest of a strong resistance area. The market is still bearish For the gold market the area of 2325 plays a key role at the moment. Bulls are not yet ready to overcome this area on the background of strong...
🚀⭐ NVIDIA - The Best Buy of the Decade? The Journey Continues... 🌟📈 Part 1 and 2: NVIDIA's incredible journey from my initial post on July 15, 2021 , proclaiming it the "Best Buy of the Decade," has exceeded all expectations. Two years later, in June 2023, we revisited this bold claim , and today, we witness NVIDIA's valuation approaching the $143.85 target,...
Gold experienced a decline on Tuesday as investors shifted their focus towards riskier assets, reducing the demand for the traditionally safe-haven metal. Adding to the market dynamics, a survey published by the World Gold Council on Tuesday revealed that central banks now account for about a quarter of total gold purchases. The survey suggests that demand from...
We have seen a longer Bullruin in the Goldmarket for the last 4 Months but OANDA:XAUUSD is consolidating for the last 68 Days looks like we are on a point where the Gold proce could potentially fail to go more up soon and we will see the next significant Bullrun from the end of this year (2024) to the beginning of the next year (2025) Also the Gold mining ETF ...
BTC broke through the support level and the ascending trendline. Decline to support level at 60287 is expected to happen
This pair is looking to have resistance of the wicks forming. Therefore, we can see a push downwards tomorrow during GBP CPI news. TP: 200 or below
Hello Traders, In today's trading session, we are closely monitoring the DXY for a potential selling opportunity around the 105.700 zone. The DXY had been trading in an uptrend but recently managed to break out of this trend. Currently, it is in a correction phase, approaching the key retrace area at the 105.700 support and resistance zone. This level is crucial...