Hi everybody! Let's discuss! Just as I predicted yesterday, BTCUSD has undergone a significant retracement, as evidenced by the price breaking out of the previous flat area, plummeting to $66,700 and creating a huge liquidity zone. The outlook suggests a further decline, according to statistics the strongest volatility is after the breakout. As long as it remains...
Hello all dear traders. Nice to meet you again to discuss the SOLUSDT trading strategy today! SOLUSDT continues to form a corrective trend. Prices broke above the psychological support level of 190.00 and have now leveled off after the previous strong sell-off. It is currently steady at the 184.63 mark, since the breakout and correcting accordingly, marking a...
Hello dear friends! Overall, BTCUSD experienced a significant downturn, plummeting below the $68,000 mark. The outlook now, points to further declines as it has broken out of the recent consolidation period. In the short term, according to the H4 setup, the cryptocurrency market may recover to retest the breakout point, however the recession scenario is not over...
Hello dear friends, let's explore USDJPY after a series of strong price increases! On impact news: the US Dollar (USD), so far, is struggling to gain any meaningful traction amid bets that the Federal Reserve (Fed) will begin interest rate cut cycle in June, supported by US Personal Consumption Expenditures (PCE). Index on Friday. This could further contribute...
Hello dear friends, let's explore the price of XAUUSD after the significant fluctuations yesterday! Regarding the developments and news outcomes: Gold is currently trading at $2,253 per ounce, with a 0.09% increase for the day. Overall, the volume is still decreasing. The upward trend has paused after a strong surge. Looking ahead: Many central banks have...
Strategic outlook on SOLUSDT: Today, SOLUSDT is currently consolidating around the range at high levels. currently at $196.92, marking a drop of nearly 2.68 on the day. Currently, any upside or downside breakout of SOL brings strong volatility. According to statistics, the strongest fluctuations occur after a false breakout. In general, at this time the market...
BTCUSD is consolidating above the 68,500 level but at the same time the triple top pattern has completed. Theoretically, the price will break the support level, which will constitute a false breakout. According to statistics, the strongest fluctuations occur after a false breakout. A breakout and consolidation below $68,500 could cause a sharp decline to the...
Hello dear friends, let's explore the GBO price after yesterday's major fluctuations! Regarding the developments and outcomes of the news: The GBP/USD pair maintained a positive increase near 1.2628, ending a two-day downward trend on Monday. The modest recovery of the major currency pair was supported by mild comments from Federal Reserve Chairman Jerome Powell....
Hello dear traders! Overall, EURUSD experienced a significant pullback the previous day with the price falling past the 1.0800 level. As can be seen, it closed the weekly candle low around 1.0789, after hitting 1.0785, marking a 0.03% gain on the day. This is not only a signal of a change in market sentiment but also a strong sign of downward pressure on...
XAUUSD This Week: Uptrend Continued or Is a Correction Coming? Faced with the challenging question of XAUUSD's direction this week, we see that gold prices are maintaining a notable bullish streak, reaching $2257 in the early trading hours of the week. Geopolitical risks still exist and will continue to increase as the US Presidential election approaches. When...
Hello dear friends, Let's discuss our new strategy! As RalphBenjamin mentioned in last week's analysis, EUR is currently in a corrective recovery phase, receiving support at 1.055. However, overcoming the 1,080 resistance looks challenging and remains on target. It seems that the downtrend has officially returned after last week's sideways movement. According...
As the new week unfolds, gold has continued its remarkable ascent, surging by nearly $25 to touch $2265 in the initial trading hours of Monday. This historic rally is driven by investors flocking to gold as a haven asset amidst escalating economic uncertainties and the anticipation of interest rate cuts. Furthermore, the concerted effort by central banks...
Strategic outlook on SOLUSDT: Today, ETHUSDT steadfastly continues its upward journey. Despite the current minor pullback, showing a 3.28% drop on the day, this is not a cause for concern as the long-term outlook remains upbeat, supported by encouraging signals from the majors. technical indicator. The plan is to start buying after ETHUSDT pulls back and...
Hello dear friends. Overall, USDJPY remains stable at a high level. Strong support at 150.00 cannot cause USDJPY to break out of 152.00 and towards the ultimate target of 150.00. Currently, USDJPY is trading at a new high of 151.34, marking a 0.02% gain on the day. However, investors still lack motivation to push prices back up. With the current trend, I expect...
Hello everyone, let's talk about gold! What do you think will happen to gold in the near future? Overall, gold decreased slightly but the long-term outlook is still quite positive. It is currently trading at a new high of $2250, after hitting $2265, marking a 0.8% gain on the day. The market growth is very strong, however there is a large area of imbalance...
Hello everyone, let's discuss and plan the SOLUSTD strategy with me! SOLUSDT trading strategy: Overall, SOLUSDT is currently facing resistance at 195.00. At the same time, a significant ascending triangle forms. Theoretically, the price should break the resistance, which would create a false break at the 195.00 level. On H1, the resistance level 195.00-195.00...
Welcome smart and discerning traders to the latest strategic analysis of BTCUSDT, one of the most important digital currency pairs on the market today. In a constantly changing crypto market landscape, BTCUSDT has shown signs of stability, creating an ideal environment for traders looking for opportunities in peace. Recently, we have seen BTCUSDT orbiting a key...
Dear friends, BTCUSDT continues to gain some recovery momentum as it reclaims the 73,900 level, but the main and long-term trend remains horizontal. The price is approaching the psychological resistance level of 73,908 and BTCUSDT is approaching the limit of the Bollinger Bands. A downside correction is expected once the pair reaches the USD 61,610 support...