If you haven`t bought ETH before the rally: nor sold the top: It seems poised for consolidation within the $3000 - $3250 range, which aligns with my buy zone. From the perspective of the macro cycle, we have broken the weekly short defensive point, which means that sooner or later we will challenge the historical high, so we remain bullish.
Hey, guys. As I see it, Ethereum has a good ascending channel. Any daily close below $2,840 is likely to signal a trend change to me, and then it is highly likely that we will see a support line for ETH in 2000-2050. If this key support is also broken, then I think cryptocurrencies in general (and AltCoins in particular) will undergo a major correction not only...
I´m expecting recovery on the index till end of the week. If you have decided to trade this plan, DO NOT ENTER EARLIER than price will get above the entry line and retest the entry line. Monitor the retest on lower time frame like 15M-30M. If entry line holds (rejection up) enter to trade and set your SL. If any 30M closes below the SL zone, cutloss your trade. TP...
Market review Spot gold on Friday (April 12) opened at $2372.2 / ounce, Asia-Europe trading hours, the US index in the $105 horizontal for several hours, the afternoon pulled up more than 30 points, the index hit a new high within the week. Gold continued its strong momentum, and the price rose directly to the $2,400 area without adjustment. As of now, the gold...
Either this or to absolute dust, taking a call - a relatively higher on the PE side of things though. Dicey but me gusta.
Gold finished its 4th bullish uptrend by 2431, and retraced down to 2291 where is the position of Fibo50.0%, and is also the supporting area of 4H. Mid-BollingerBands 2305 need to be retested next week to choose the direction from there, either breaks down to 2255, 2200, or starts the 5th bullish uptrend move upto 2500, 2540. 1st support: 2305 2nd support:...
This idea is based on the retest of entry line and rejection up towards the targets. Be patient with entry, enter just after this rejection. Set your SL after the entry and if any 30M candle closes below the SL zone, cutloss your trade. TP your trade partially at the black lines. I will update this trade when-if entry conditions are met. Not guaranteed. If you...
In the recent gold market, the overall uptrend structure has not changed, although the price has retreated after surging above $2,430 / oz. This pullback is seen more as a market correction than a reversal of trend. In the big cycle, the bullish upward pattern of gold is still solid, and it is expected that after the correction, the market will continue to...
Hello traders! 🌟 I hope you're having a fantastic weekend. As we gear up for the trading week, I've spotted an exciting opportunity on GBPJPY that I wanted to share with you. Trading Setup: GBPJPY Cup and Handle Pattern ☕🖐️ The chart reveals a classic Cup and Handle pattern. Key Breakout Level: Keep an eye on the breakout level at 188.661. Cup and Handle...
tention in middle east is aggresively getting stronger. unfortunately monthly candle became very stable to keep the price high. most of commodities and equitites went all time high. So does oil will go for alltime high level of 200 dollar target in end of this year.
EURJPY still has the opportunity to grow, but now there is a chance to earn a short time by selling, We have these indicators for SELL opportunity: - Reflection from the top of the parallel channel (formed since 2022) - Low volume to continue the current direction - Resistance zone of last peaks (2007-2008) - Return/re-test to Year + 6M + 3M + 1M high We define...
cup & handle pattern RSI above 60 daily / weekly /monthly support 220 resistance 200 EMA as 289 once cross then hold for longer
Every time I write an analysis, I hope to see friends can gain something, in this market, calm performance is actually dark waves, many investment friends easily enter, often black and blue, every day there are many friends to find me, for help, but more just after reading the analysis quickly find the next article to read. I hope I can help more people, just like...
#METIUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about METIUSDT METI is making Falling wedge has already breakout in 12h time frame.we can see gain here upto 150 %+ profit so far 🚀
The chart posted is what I see forming within the correction phase . as you can see the Dia and Iwm are showing some real sights of weakest the game of musical chairs one by one drop off So far best of trades Wavetimer
I will change the dollar's bearish stage to bullish stage. I see some potential conflict between south korea and north korea , also china vs taiwan since the new president of china is elected now. dollar target is fibonacci's top which is 140.
This is a #RequestedPriceAction 🎯 The chart should tell you everything. 🎯 The recent price drop followed a weak Q3 report. 🎯 The Game zone has multiple supports that may stand. (IMO it has a good possibility) 🎯 If the price breaks, We have a strong support around 556 🎯 Remember, When panic strikes, No technical analysis works. ⚠️Disclaimer: We are not...
Fundamental analysis: Gold futures in New York extended their record rally on Tuesday, buoyed by buying momentum and geopolitical risks. COMEX gold futures rose 0.89 percent to close at $2,372.00 an ounce on Tuesday, after hitting an all-time high of $2,384.50 an ounce earlier in the session and hitting a record high every day since March 28. Investors are...