If you haven`t bought the dip on ETH: Then you need to know that asset management giant BlackRock last Thursday officially filed for a spot ethereum exchange-traded fund (ETF), doubling down on its cryptocurrency bets amid investor optimism about the approval of such investment vehicles! I`m targeting $2350. Looking forward to read your opinion about it!
Analyzing the options chain and the chart patterns of DLO DLocal Limited prior to the earnings report this week, I would consider purchasing the 20usd strike price Calls with an expiration date of 2023-12-15, for a premium of approximately $1.42. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
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Hello traders! The xau/usd (gold) pair is in a triangle pattern. In my opinion, there are two scenarios. Scenario number 1: The pair should test the level of 1975.00 and then take a buy move at the level of 1992.0 and continue a buy move towards the level of 2009.33. Scenario number 2: The pair should test the level of 1975.00 and then take a buy move at the level...
Gold has already retested the 1990 area. Now, we anticipate a decline towards 1924 in the coming days. If any daily candle opens above 1992, we will reconsider selling. Currently, we observe significant bearish moves. I have posted a lower timeframe, providing insight into the ascending channel. I am awaiting a breakout; once it occurs, gold will be in our favor.
Here's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
A brief history of Phoenix indicator results. Red lines are losses Green lines are profits.
The recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season. With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space. This ruling brings...
Discover an enticing selling opportunity in GOLD as it undergoes a critical retest of a key support area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Looking at the chart, in my opinion, the buy area for AVAX between $7.20 and $10.40 presents a great potential entry opportunity for long term investors. This range provides a relatively wide margin for investors to consider entering a position in AVAX. AVAX, the native token of the Avalanche blockchain platform, has shown promising growth and adoption in recent...
The recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season. With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space. This ruling brings...
If you haven`t bought NVAX during the Covid Pandemic: Then analyzing the options chain and the chart patterns of NVAX Novavax prior to the earnings report this week, I would consider purchasing the 7.50usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $0.87. If these options prove to be profitable prior to the earnings...
Analyzing the options chain and the chart patterns of CGC Canopy Growth Corporation prior to the earnings report this week, I would consider purchasing the 1.50usd strike price Calls with an expiration date of 2024-4-19, for a premium of approximately $0.06. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Gold prices, represented as XAU/USD, started the new week on a weaker note, extending the decline that began on Friday from the $2,004 level, which marked a multi-day high. This initial rise was in response to softer jobs data from the United States (US). A slight increase in US Treasury bond yields helped alleviate some of the bearish pressure on the US Dollar...
Here's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
OANDA:CADJPY CADJPY has been trending bullish for a while. On the 4hr chart, we saw a slight pullback on our indicator, and the price continued bullish, so we entered a BUY. Price is also Bullish on Daily.
Analyzing the options chain and the chart patterns of PFE Pfizer prior to the earnings report this week, I would consider purchasing the 30usd strike price at the money Calls with an expiration date of 2023-11-10, for a premium of approximately $0.91. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Hey team we are here eto discuss about USDCAD. USDCAD has breaked the main Rising Wedge and now ready for a good bearish wave. We can see price around 1.37 soon. Keep in touch we will update further soon.