Hello everyone! The crypto sphere is buzzing with the recent approval of the Bitcoin ETF, sparking a surge in altcoins. Among them, Cardano has been stealing the show. We've seen some successful entries with Cardano, including a notable one at $0.25. However, the critical level to watch now is $0.6863. Cardano must break this to signal a major breakout. This...
Thedevreda Setup Trading is a simple video that i show how you can settup the indicator that i give you for free to the tradingveiw
EURUSD 11.01.2024 Daily chart: We can see that EURUSD recently bounced above the key trend line around the 1.09 price level, where we have the 61.8% Fibonacci retracement level to cross. This is where buyers with defined risk around the trend line stepped in to push the price to a new high. On the other hand, sellers should break the price below the trendline to...
Gold is consolidating around a key support zone. what next Gold has been stuck in a consolidation lately as the market awaits the US CPI release scheduled for today. In the big picture, gold should be supported as we get closer to a rate cut cycle. Moreover, even if the CPI data is hot, the figures should look much better in the second quarter as the higher...
I want to explain my trade to other people and to practice explaining trades. I see it as a journal for myself.
Thanks for the likes, well this video is for educational purpose only. i am looking to see eur price higher tomorrow after cpi data release. you advice to take my content to heart and learn from it, THANKs
The price action in the S&P 500 on Wednesday implies anticipation of a positive reaction to the CPI numbers coming out on Thursday. It will be interesting to see if these buyers are correct.
"Hey Traders! We've just nailed down the bullish trend equation. Excited to watch the price action surge towards those swing highs. Let's keep our eyes on the buy side liquidity. Stay tuned for more updates!
The first week of 2024 the US market opened around the high and closed around the low. It is very similar in 2022 and 2023. And what is the market telling us from the first week of 2024 and the direction for the rest of the year? We are going match the fundamental reason with this technical observation over the last two years. Also, what is the key...
WTI has stabilized in the $70-$74 range over the past two weeks as the market remains uncertain about future supply and demand prospects. On the supply side, the tensions in the Red Sea are still there, and the change in the route of the ships will increase the transportation costs. On the other hand, Saudi Arabia announced on Monday that it will lower its...
GBPJPY The BoE left interest rates unchanged at the latest meeting as expected as they reiterated that they will keep interest rates high enough to return to the 2% target. daily chart, We can see that GBPJPY is now at a key resistance around the 184.45 level. This is where we can expect sellers to come in with defined risk above the level and the price will drop...
Hey there, So this year has definitely gotten off to an interesting start with gold ending off 2023 at it's highs point to date. This however, does forces us to ask the question, are we going to see a break of this key resistance zone or are we going to see a reaction to it? In today's video we look at several fundamental and technical reasons why we could...
Wednesday is expected to be another quiet day as the market gets ready for Thursday and Friday fundamentals.
In this video, I will be sharing my BTCUSD trading strategy by providing my complete technical and on-chain analysis so you can watch it to possibly improve your crypto trading skillset.
Firstly, fundamental economic indicators suggest that the US economy has been exhibiting signs of strength, which tends to favor the USD. Positive economic data releases, coupled with the ongoing efforts to boost economic recovery, contribute to a bullish sentiment surrounding the US dollar. As the USD is the base currency in the USD/CAD pair, any positive...
Bitcoin ETF Issuers Clear Major Hurdle on Path to SEC Approval Firms looking to launch spot-Bitcoin exchange-traded funds cleared a major hurdle this week on the path to gaining sign-off from US regulators in coming days. Securities and Exchange Commission staff told several exchanges and issuers seeking to list the ETFs that they should submit a final version of...
High volatility on Tuesday in the S&P 500 is not expected after the large move on Monday without new fundamental information to create that volatility.