Is it time to sell all your EUR and convert it into USD? My chart says that this is a good idea because I expect a 20% crash on this pair. In this analysis, I will tell you why, and I will also analyze the DXY Index on the monthly scale. If you are an intraday / swing trader on forex, you have to know what the major trend is. Are we in an uptrend or a downtrend?...
In NY session, The setup I am looking for, was not formed. Lets see what happens in PM Session! I dont expected the price hit the Monday High! Anyway, some must happen in PM session! As i mentioned before, I am looking for Short Position! Wish Low-Loss Trade!
The uncertainty surrounding regulations and the management measures of cryptocurrencies also contribute to Bitcoin's price volatility. On the 4-hour chart, Bitcoin's price is trading within the range between two resistance and support zones. Currently, BTCUSDT prices are above the EMA 34 and EMA 89 lines, indicating a short-term uptrend is forming. The RSI is...
Bitcoin is currently moving in an Important Resistance zone($68,000-$66,170) , which it has tried to break several times. It also seems that Bitcoin has succeeded in forming a 🦇 Bearish Bat Harmonic Pattern 🦇. I expect Bitcoin to drop to at least the Lower line of the Ascending Channel . Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. Do not forget to...
Bitcoin is currently at an ideal entry for a high R/R short based on the trendline shown - targeting 34,200 to 35,000. From that level, I will look for a retrace up to 43-46k. Rejection at this zone can indicate a much more substantial drop to sub 20,000 zones. All details on the chart - will update with a new idea if Bitcoin follows through on this expected drop.
Meta Platforms (META) almost hit its 1D MA200 (orange trend-line) yesterday, a Support level that has been holding since February 01 2023. With the long-term pattern being a Channel Up since the November 04 2022 market bottom, yesterday's Low is similar to the Double Bottom on Meta's previous Accumulation phase on October 26 2023. That day's Low started the 2nd...
There was a decline in the previous period without any correction, so it will rise to the top
NVDA has been down for a while and a lot of people are making much of the recent break lower. However, corrections are known to be contained inside of two legs and topping patterns are known to false crash first and then head fake 1.61. If NVDA is near a top, I think it's more in the 160 area than here. Taking bets to reflect this.
Cable (GBP/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.2871 which is a pullback resistance that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 1.2899 which is a level that sits above the 38.2% Fibonacci retracement level and an overlap resistance. Take profit...
CRWD should be added as per the entry on tbe chart with proper momey management and SL levels.
Sol usdt is bieng bullish despite the drop in btc in the previous days. keeping that in view, now when btc having a minor relief rally to the upside we can assume sol to aggressively touch 183. From there we can expect a reversal. Lets see how it goes
Here is my BTCUSD analysis on a 4h00 time frame. If it provide the correction between the fib level 0.382% and the 0.5% and reject up ward it will be the good time to trade BTCUSD
#USDCHF UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about USDCHF. USDCHF is leaving the bottom now. We can see a good bounce in market. In this move we can see price around 0.90+ soon. Keep in touch we will update further soon.✍
In the last hours, we have seen a low time frame decrease from BTC, which did allow most coins to break down in a low time frame. ARK/USDT is a coin that starting showing new interest since the last trend. We will follow this coin to see the possibility in volume and confirmations.
Technical analysis of gold: The trend of gold is the same as expected. The weak market can't even reach 2420. We enter the market with short orders at 2418! However, the price of gold is still running above the daily trend line. When the price falls below the daily trend line, the space below will be truly opened. It is also the time when the shorts are the...
If the downtrend breaks, it will be a strong rise and the trend will change to upward
GBPJPY is continuing its bearish momentum as it is making LLS LHS SO WE WILL TAKE SHORT TRADE AT THE BREAK OF LL
Hello traders BTC is currently holding good support of $63.5k and the 100 EMA is backing it up. Expecting BTC to hit the $70k target soon. Entry: $63.5k to CMP. Stop Loss: A 4-hour candle close below the support level. Leverage: 5x to 10x. Targets: $66.3k, $68.2k, $70.3k, $71.8k.