Trade Plan (Pending): I am selling GBP/USD at 1.2600 Although GBP/USD traded to the lowest level in 105 (trading) days yesterday buyers have emerged at 1.2427. This is the projected downside support for the AB leg in a daily Bat formation. A common retracement level for the BC leg is 38.2% of the last decline. This price point is located at 1.2605. Bespoke...
I am not expecting a good pullback and still bearish sentiments are showing on the chart. Can expect another LL and market is currently searching for LH. Resistance and supports are mentioned
Bitcoin (BTCUSD) made a sharp decline on Saturday and is now in the process of recovering. The 1W candle wick dived as low as the low of almost 30 days back (March 20), extending the 1-month consolidation since March 13 High. This is of course directly related to the fundamental aspect of BTC's Halving, which is due at the end of the week and historically exerts...
Tencent Holding LTD (TCTZF) has been trading within a long-term Channel Down since the January 30 2023 High. Such +1 year consistency is hard to overlook technically, especially since the price got rejected last week not just on the Channel Down top (Lower Highs trend-line), but also on the 1D MA200 (orange trend-line). It has to be said that despite the...
ALGO is recovering from crash and looking for push it upward. Can see major resistance in the upward direction and it has also broken the trend line and can expect another LL. ALgo is in search of LH and it could move upward till 0.20 to 0.21 range. If it breaks the structure than we can see the upward rally but I am expecting another LL.
Ethereum has been going up the ladder for some time now, pushing further and further towards the ATH zone while not showing any weakness zones. This kind of sharp upward movement is not healthy for a further bullish run, which means we need to see a correction on the line soon, which would normalize the price and give us a better stand for further upward...
Theta has broken the trend and market structure. As per Dow theory, It started making LH -LL and can expect another LL in couple of weeks. Defined resistance and support in the chart. I am expecting that Theta will back to 2.5 to 2.7 range, if it break than we can see that it will move to 3$ if not we can expect another pull back and find another LL..
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 164.06, which is an overlap resistance. Our take profit will be at 163.55, a pullback support level. The stop loss will be placed at 164.60, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and...
Morning folks, So, unfortunately for BTC - it is traded 24/7, so while other markets were closed, BTC has taken all the mess from geopolitics. With recent collapse, it is logical to ask - where all those people who were taking about "safe haven", "gold replacement" etc... Now due geopolitical turmoil in weekend, our short-term bullish context has been...
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 2364.7, which is an overlap resistance. Our take profit will be at 2327, a swing low support level. The stop loss will be placed at 2390.99, which is a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.2519, which is a pullback resistance close to 38.2% Fibo retracement Our take profit will be at 1.2443, a swing low support level The stop loss will be placed at 1.2587, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries...
Ondo Finance (ONDOUSD) has been on a Channel Up pattern since its first trading days, supported by the 1D MA50 (blue trend-line). Its last Higher Lows was priced on that exact level, so did the one before (March 19). The last Higher High was been -11% shorter than the previous, so assuming this is a progressive pattern, we expect a new Higher High at 1.5000 (+...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.0695, which is a pullback resistance close to 23.6% Fibonacci retracement. Our take profit will be at 1.0634, a swing-low support level. The stop loss will be placed at 1.0765, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin...
The GBPUSD pair has been trading within a Channel Down (dotted) since the March 08 2024 High, which can be considered a Lower High on a potentially emerging (dashed) Channel Down. At the same time, the downside on the long-term is limited by a Higher Lows trend-line that was initiated on the March 08 2023 Low. We will formulate our strategy accordingly. On the...
#CFXUSDT UPDATE Descending channel formation in 4h time frame ✅ In tha case of upside breakout Expecting massive Bullish wave 📈 #CFXUSDT #CFX #CFXBTC #BTC #Crypto LSE:CFX CRYPTOCAP:DEXE $QI LSE:SYN INDEX:GALA TSXV:POND $SPELL GETTEX:PDA $BADGER $CYBER NYSE:FET SEED_DONKEYDAN_MARKET_CAP:AGIX SEED_DONKEYDAN_MARKET_CAP:CELO
TeraWulf Inc. (Nasdaq: WULF) , which owns and operates vertically integrated, domestic Bitcoin mining facilities powered by more than 95% zero-carbon energy, today announced it has repaid an additional $30.1 million of its Term Loan, thereby reducing the debt balance to $75.9 million.
#NEOUSDT UPDATE NEO is making wedge has already break out in weekly Time frame Expecting 100%+📈 #NEOUSDT #NEO #NEOBTC #BTC #Crypto NASDAQ:NEO CRYPTOCAP:DEXE $QI LSE:SYN INDEX:GALA TSXV:POND $SPELL GETTEX:PDA $BADGER $CYBER NYSE:FET SEED_DONKEYDAN_MARKET_CAP:AGIX SEED_DONKEYDAN_MARKET_CAP:CELO