The price of Bitcoin is preparing for a final drop to the downside, to 57k per my calculations! The price is still inside this bullish flag formation, and we still need to complete the ABC corrective pattern from the Elliott Wave perspective. At this point, I cannot be bullish at all, just be patient and wait for 57k to be hit before buying BTC! It's also...
During the Asian session on Monday spot gold had a GAP and opened lower, falling to a low of $2,360/ounce. Gold is mainly under pressure because tensions around Israel and Iran seem to have cooled down, which reduces risk aversion, thus putting pressure on gold prices. There are no new points in the developments. geopolitical conflict, all attacks are just in the...
The EUR/USD currency pair is going through a period of volatility as tensions between Israel and Iran do not escalate. This has reduced geopolitical risks and decreased demand for the US Dollar as a safe-haven asset, leading to a slight increase in the pair. However, despite a slight increase in EUR/USD, the overall trend remains bearish. EUR/USD is maintaining a...
📈🌟 Ethereum's Promising Horizon - What's Next for ETH? 🚀💡 Hi everyone, time to look at Ethereum, and I must say, Ethereum at this stage looks more promising to me than Bitcoin. For the coming weeks, my focus will be on Ethereum for quite a few reasons. Let's dive into the chart: we've witnessed a dip, and the 2850 level has now established itself as very healthy...
🚀 Breakthrough the Resistance: BTC's Path to $79,500 Post-Halving 💥 Hey Traders, The FXPROFESSOR is back, analyzing charts and bringing you the latest scoop from the crypto world. After an eventful time at the Dubai expo, it's time to dive back into the world of Bitcoin, especially post-halving. We've experienced a dip, partly influenced by the global...
Get ready for another price surge on this frog! Meme coins are the main drivers of this season. Don't ignore it. We've got some powerful news, a large number of holders. New players in 2024 will come to the market to buy Pepe. And then it's all about putting the money into more fundamental projects. 🐸🚀
Gold increased mainly due to escalating tensions between Iran and Israel. Gold prices recorded the fifth consecutive week of increase. Israel's response came a week after Iran's drone and missile attacks on Israel pushed gold prices to a record high above 2,428 Recent statements from Fed officials suggest there is no rush to cut interest rates in the short term....
As the new trading week kicks off, the EUR/USD pair finds itself in a sideways movement, hovering around the 1.0660 mark. Last week, market participants witnessed a potential bullish momentum, sparked by several technical signals indicating a shift in sentiment. One notable signal was the recognition of a bullish impulse originating from the 78.6% Fibonacci...
FX:GBPUSD GBP/USD reversed its direction and advanced to the 1.2450 area after touching a fresh multi-month low below 1.2400 in the Asian session. The positive shift seen in risk mood on easing fears over a deepening Iran-Israel conflict supports the pair.
The Solana cryptocurrency has recently experienced a significant breakthrough by surpassing the $150 resistance level, paving the way for a possible continuation of its upward trend. This is a critical milestone, as the $150 resistance level is considered a significant barrier between the bullish and bearish markets. However, despite this breakthrough, there has...
Hello everyone, let's take a look at the ETH to USDT chart considering the four-hour time frame. As we can see, the earlier entry into a long position resulted in an increase of about 6% at this point, at this point we can see an attempt to break out of the downward trend line, which could result in an upward movement towards the red zone. However, support for the...
These are possible short, set ups that I am looking at so we could potentially start shorting back bitcoin to the value low of this range, knowing that we could probably deviate because of the money flow and some of the high time frames, giving us those bullish confirmations that we can continue even higher Especially being the daily is giving me perfect...
Bitcoin updated its all-time high, showing continued growth. Indicators show a possible local maximum that has formed. It would be nice to see a full-fledged corrective movement. Technically, I would like to see a reduction to the discount range (44600). But if the upward movement continues, there is an explanation for this too.
The CHF/JPY pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a well-defined channel pattern. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support line of the channel after confirmation. Ideally, this would be around 169.90 or lower if the price continues...
Yo, what’s up guys crypto holiday going on another quick TA so we are still on from $61,800 hoping to ride this trade up to the value area high at $71,500. I am seeing my bullish confirmations to continue holding this trade on the four hour the 16 hour and as well as the 12 hour I’m sorry I got this a little mixed up at the moment but I am still continuing to hold...
Time for a new updated chart in TSLA. TSLA has now formed a MEGA Bearish structure. While we are not near a Key area at the moment. The initial formation does not look good for the Bulls going forward. At this point, it would take a lot of effort (buying) to change the message of the market in this chart. While anything is possible it does not appear likely at...
$4100.00 the next big target, Second leading Coin is gaining its respect and may it will reach. The second leading coin is in the way to reach 41k again and it will continue its little bit in the downtrend to reach near 27k, this can be the Good support to move the price of the coin again in the bullish direction to reach my target 41000.00 and I am also hoping...
The is a whales bullish contraction. Whales will work within it to even say there’s a BULL FLAG. First must come near the value line to determine what intentions does smart money have. Find the key levels Applied Liquidity zone mark