Bitcoin is in the middle of the bull market cycle, but where exactly? It's necessary to do an Elliott Wave technical analysis to see the full map, as the market always moves in waves. We are almost at the end of the major wave (3), and in summer 2024, we are ready to make a significant corrective ABC pattern. We probably all know that summers are usually boring...
Hello everyone, what are your thoughts on the current situation with EURUSD? This currency pair is currently trading steadily above 1.070, and the recovery has continued until Friday, making last week completely favorable for buyers. From the daily chart, the price has reached the 0.618 Fibonacci retracement level, which is a sensitive price point at this time....
Hello everyone, gold continued its recovery during the last trading session on Friday, with the metal trading around $2340 USD and marking a 0.3% recovery for the day. This resurgence was driven by last night's downturn in the USD, which provided momentum for a recovery in XAUUSD. In the short term, this metal continues to receive support from investors as it...
The price of Bitcoin is preparing for a final drop to the downside, to 57k per my calculations! The price is still inside this bullish flag formation, and we still need to complete the ABC corrective pattern from the Elliott Wave perspective. At this point, I cannot be bullish at all, just be patient and wait for 57k to be hit before buying BTC! It's also...
Greetings, marvelous companions! The EUR/USD currency pair sustained its upward trajectory, following a positive closure on Thursday and reaching its highest point since April 11 at approximately 1.0750. While the short-term technical analysis indicates potential overbought conditions, the improving sentiment towards risk may assist in propelling the pair higher...
🏃♂️Bitcoin is moving in the 🔴 Resistance zone($65,700-$64,500) 🔴. 🌊According to the theory of Elliott waves , Bitcoin seems to be completing the main wave 4 in the 15-minute time frame . 🔔I expect Bitcoin to Drop again and break the 🟢 Support zone($63,370-$62,790) 🟢. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and...
SHIBUSDT today continues to prioritize selling when it breaks the support level as marked on the chart and transferred it into a new resistance level from the formation of the three -peak model. It is expected to continue to sell in the market trend as long as the price has not overcome the current resistance
Updating my analysis with some additions of some key levels to watch for as price makes it's way higher. I do think NASDAQ:NVDA is going to become more volatile over the coming few weeks as it works it's way to the top resistance levels. Even though price seems to be forming a H&S top, I'm not sure that we break down here. I think the most likely scenario is...
Hello everyone, what are your thoughts on the recent movements of USDJPY? Currently, the USD/JPY pair is experiencing a significant uptrend due to the substantial interest rate differential between the United States and Japan. With the Federal Reserve (Fed) setting the Federal Funds Rate at 5.25% - 5.50% and the Bank of Japan (BoJ) keeping its interest rates...
Based on mathematical theories, I predicted a peak of 73,600 on my Twitter account, and now fluctuation is the master of the situation. If Bitcoin succeeds in falling below 57,000 before May 8, I expect that we will see this scenario with a target of 29,000, and let us pray that it does not happen.
Helium Mobile, the phone and 5G data company behind Helium (HNT) has a strong potential to become a billion dollar asset, same as the Helium token, which bootstraps their WiFi hotspot business. HNT MCAP: $1,293,307,342 HTN ATH MCAP: $5.2B MOBILE MCAP: $320,311,772 MOBILE WITH THE MARKET CAP OF HNT Helium Mobile: $0.01526096 (4.04x)
Hello everyone, what are you thinking about BTCUSDT? Today BTCUSDT continues to trade stably around $ 64,400 and there is not much change in price compared to yesterday. Accordingly, this coin is still in the trend that is beneficial for the seller when it has not been able to overcome the $ 64,500 resistance as well as the EMA 34, 89 still producing discount...
Simple: Each cycle must have the RED MA cross over the GREEN MA and just then will the trend begin to fall. Cycles 1 and 2 have been tagged by PI CYCLES. I used trend lines to help with guidance to ALL-TIME HIGHS. MA's agree with PI CYCLES. Cycles 1 and 2 both have the RED MA crossing over the green. As RED MA crosses over the GREEN MA, the candlesticks begin...
Introduction - This is closure for binary forecasting for the people who follow it. Consider this draft as clarification for these two months as it relates to the standing long term forecast in Rumors of a Pivot, Part 3: Details - These are two most likely routes to June FOMC. In theory, whatever ultimately happens should be simple variations of these two...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
Hi. COINBASE:BTCUSD Today, I want to analyze BTC for you in a 1D time frame so that we can have a mid-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). Bullish pennant is on the table on Daily timeframe🔍 Looking for a break out and more upside📈 ✅ Due to the Ascending...
hello guys... this coin made a diamond pattern and broke down as we can predict it! after breaking the price made another pattern under the named three drives! the third drive touched the supply and demand zone that I showed on the chart! as you can see the price broke the trendline of three drives! so we can expect another upward movement! let's...
FX:XAUUSD on the background of dollar correction is strengthening to the resistance of the bearish channel, which was formed on the background of sell-offs. Ahead of strong news, on the background of which the price may reach the liquidity zone before further decline. On the high timeframe, a false breakdown of support is formed, liquidity gathering and after...