We know this is an unpopular opinion BUT technically, Bitcoin is ripe for a move to the downside. On the monthly chart, we can see that we've completed a major wave 1 impulse and now we're in a wave 2 correction. We're looking for one more move down to complete this wave 2. See monthly chart below: It looks as if we're making a 535 correction and therefore,...
Greetings dear trading community, let's explore today's gold price movements! Gold continues to elevate its stance this Thursday, marking a significant rise from yesterday's price of 2175 USD to currently hover around 2190 USD. This upward trajectory is heightened by investors' anticipation of the upcoming U.S. inflation data. The focus is squarely on the U.S....
Buckle up, crypto enthusiasts! The Bitcoin Halving is on the horizon, and the countdown has begun. But here’s the twist - every Bitcoin clock out there is telling a different time for when block 840,000 will hit the scene. It’s like they’re all watching different episodes of the same thrilling show. 🍿 So, what’s the real deal? When will the Bitcoin magic happen?...
Hey Everyone, Another fantastic day on the charts for us with our 4H chart also hitting all our targets. Earlier this week we got our bullish target 2180 hit followed with our ema5 cross and lock above 2180 opening 2196 and 2223. We got the 2196 twice giving us plenty of opportunities to buy dips for the targets and now heading towards the final target at...
Hello fellow BTCUSDT traders: Yesterday, we discussed the slight retreat of BTCUSDT, and it unfolded just as we anticipated. Following the successful breach of the $68,000 resistance level, price behavior began to correct, seeking support around $67,600. The price continues to oscillate around the EMA 34 and 89 after encountering resistance at $71,300. I remain...
Greetings, splendid companions! Let’s dive into the golden hues of yesterday's market. Gold seemed to pause after brushing against the $2,200 mark once again, finding a steady rhythm around $2,178 in the early trading hours of Wednesday during the Asian session. Peering into the future prospects for gold, the short-term outlook remains bullish. Anticipation is...
With the new review of gold in the 1-hour time frame, we see that the price rose to $2200 last day and then it was corrected! Now, in my opinion, gold can be associated with a growth up to the range of $2203 to $2210 and after that we can have a SELL position with the right trigger! As I said before, the first supply zone is between $2203 and $2210, and the next...
Greetings, We are excited to announce the commencement of coin analysis requests for the month of April 2024. Submission Deadline: April 5th, 2024 Guidelines: We kindly request that every member submits only maximum of TWO request. Please adhere to the specified format, such as ETHBTC, ETHUSDT, or ETHUSD, when specifying the coin ticker symbol or...
ETH HAS BEEN SERVED BY THE SEC! GOOD BYE ETHEREUM! Hello everyone. Just as I thought something big was going to happen well here it is. SEC is going after Ethereum. A lawsuit by the SEC has possibly already been filed. If you need a better explanation please watch the video by Bitcoin University on youtube that just came out, he explains it fully and why he...
EUR/USD holds a very narrow range in the low 1.0800s. Bargain hunters are still likely to look at dips to near 1.0800 as a buying opportunity for now. Short-term trend dynamics are neutral while the daily and weekly DMIs still lean, if only moderately, EUR-bullish. That should limit downside pressure on spot in the near term at least. Resistance is...
Introduction - Once again with conviction in due diligence and much, much anticipation, Binary Forecasting Service presents 2300 tomorrow by noon New York time. From time of posting at 4:46 PM ET on 03/27, that is less than 20 hours away and I am dead serious. Details - For background , see previous work in links below to recent drafts. Otherwise, consider: 1)...
We see that the pair is overwhelmingly bearish. But is there is chance for a little bit of bullishness in all of these...? Watch the video to find out.
Geopolitical tensions remain high, even as Federal Reserve officials continue to be hawkish. But gold continues to hold strong, with higher lows Gold prices rose as investors awaited key U.S. inflation data later this week that could provide more clues on the Federal Reserve's policy path. Spot gold closed at around $2,194.0 an ounce. Fed Governor Waller said...
Gold is currently moving in a descending triangle. Key support: 2144 - 2149 Key resistance: 2158 - 2163 Gold is waiting for interest rates to come in and provide a 200-400 pip fluctuation! 💰 Fundamental analysis: Numbers above the expected limit of inflation in the United States last week confirmed that price pressures persist and the final stage of...
If it is true that today will produce a lower high compared to early March, a trade setup becomes valid. 👉 This Dogecoin (DOGEUSDT) looks good for a SHORT. This is a high risk setup, experts only. Make sure to do your own research before trading. We will have two targets: ➖ 112% (0.15100 ➖ 208% (0.13000) Good luck and good profits. Namaste.
This week, the gold market has witnessed a strong bullish momentum, while the bears have incurred certain losses. Bulls have been consistently pushing the market higher, even amidst significant retracements, which seem to be aimed at enticing bears into the market. While a topping signal has appeared on the weekly chart, the signal on the daily chart remains...
FX:XAUUSD is testing resistance once again very slowly and gradually, protecting local support zones, below which a huge pool of liquidity is formed. What to expect from the market maker? On the background of growth and retest of the range resistance we see low volumes. The range is narrowing and technically this could indicate a willingness to break...
Hello everyone, we start a new day with new opportunities. Today, let's analyze and devise a strategy for BTCUSD, the market leading cryptocurrency. BTCUSD continues to maintain in its strong bullish channel. Despite some headwinds in maintaining its upward momentum after hitting a new high at $71,750, it is currently at $69,538, up a slight 0.17% on the day. In...