In Thursday's Asian trading session, gold dipped back below the $2,200 mark, struggling to break through despite a two-day recovery effort. A sparse U.S. economic calendar on Wednesday had investors leaning towards gold amidst growing speculation of a Fed rate cut in June. All eyes are on upcoming mid-tier U.S. data. Fed's hawkish remarks at the New York Economic...
Greetings, BTCUSDT traders! Today, BTCUSDT sustains its recovery streak. Although we've yet to witness a significant surge in price, the bulls have commendably reclaimed their ground. Currently, the price oscillates around $70,270, with a slight retracement to the 0.618 Fibonacci level. The technical outlook and buying targets remain highly favorable, aiming for...
Hi. BINANCE:LUNAUSDT ✅Today, I want to analyze LUNA for you in a 1D time frame so that we can have a MID-term view of LUNA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). LUNAUSDT is in the ascending phase by the cup and handle. LUNA is in a large C&H if it follows these pattern,...
Wolfinance star analysts believe that although the overall performance of the U.S. economic data released last week was strong, supporting the rise of the US dollar and hindering the rise of gold, the Federal Reserve reiterated that it will cut interest rates three times this year, and investors have high expectations for the Federal Reserve to cut interest rates...
The DOGE/USD chart displays a pattern resembling a double bottom with characteristics of Wyckoff accumulation, suggesting a potential price target exceeding $0.26 based on technical analysis. Additionally, some speculate that continued tweets or endorsements from Elon Musk could further influence the price.
Technical analysis of gold: Key resistance: 2185 - 2189 and 2207 - 2212 Key support: 2176 - 2179 If the resistance is broken, we can expect a strong upward trend towards 2200 and 2212. 📈
BINANCE:DOGEUSDT is attempting to break through the correction in order to continue the uptrend. On W1 the price enters a new channel and opens a new potential. On D1 a reversal pattern is forming with the subsequent formation of a pre-breakout formation. The market is buying back the fall in a few days and preparing for realization. This generally indicates...
Preface: I'm still bullish on the crypto market as a whole. I still think it's likely we're going to make new highs in the near future. This is a more short-term oriented trade and will only be activated under certain conditions. In this analysis I want to shed some light on a pattern that one of my commenters recently informed me about. Although it's not the...
Bitcoin holding a very important key area here. DCA longed on this from below 68500. Tight and Flat SL at 67650(1%) If it holds here. Targeting 78k(easy one) and 88k. Note : Not a Financial Advice.
➖ Bitcoin produced a new All-Time High followed by a rounded top pattern. ➖ Bitcoin is now moving within a lower high compared to the newly established ATH. Any trading below the ATH —such as is happening now— can be considered a SHORT opportunity. The stop-loss can be set above the ATH. Below the full numbers... _____ SHORT BTCUSDT Leverage: 8X Buy-in:...
Preface This analysis is based on historical price action. Since BTC only had a couple of cycles before, the data presented is based on just a few observations. Furthermore, this analysis will use calculations based on a mathematical model based on these few observations. TLDR/Summary at the bottom. Goal of this analysis In this analysis I'm going to take an...
The market is changing rapidly. Plan your trade and trade your plan. When the market rises, chase the longs, and when the market falls, chase the shorts. It also does not mean that when the market falls, it will be long, and when it rises, it will be short. Analyze specific issues in detail and understand what is behind the market. The logic behind the rise is...
BTC moving along, BUY SIGNALS are still solid. ZIG ZAG possibleS. Fib 4 guidance. A Spread out WEDGE. My prices still stand. Whale guidance My key levels FWB:67K to $68k Been creating this idea while BTC was in the -2.00%.
In a Bitcoin (BTCUSDT) short-term trade idea, I mentioned yesterday the fact that the action we were looking at was a "pull back" or "rebound," when prices retrace before the continuation of a move. The market moves together and it seems a marketwide correction is approaching. Dogecoin, as with Bitcoin and many others, produced two green days 20-21 March. This...
COINBASE:DOGEUSD this time I get the key for this coin it took a minute but hey let’s see how it goes
💡One of the important factors for analyzing the cryptocurrency market is the Market Cap USDT Dominance% (USDT.D%) status. 📚What is Market Cap USDT Dominance% (USDT.D%)❗️❓ 🔸Market Cap USDT Dominance% (USDT.D%) shows what percentage of the money is on USDT. There are 2 causes of the increase of USDT dominance. 🔸The first is that investors put cash on the...
"USDJPY trades quietly, hovering at record highs with a lack of upward momentum. The trend favors sideways movement, though EMA 34 and 89 signals suggest a potential for ascent. Technically, any upward trajectory may face resistance near the 152.00 mark, serving as a pivotal point for bulls if decisively breached, hinting at a continued rally from January 2023...
BTC has been on a crazy upside rally without a cool-off period! The momentum had gotten weak, and bearish divergences were visible on many timeframes, but despite that, BTC was putting in new ATHs! Now, it seems like the bearish divergences are playing out, and the price is cooling off! This is much needed in order to maintain a healthy uptrend! Currently, the...