I’m feeling bullish about this week for crypto, and POWRUSDT is looking primed for an upward move. Here’s why: Market Momentum • ETH ETF Launch: With the ETH ETF trading this week, we’re expecting a ripple effect across the altcoin market. 🚀 • Crypto Sentiment: The market is buzzing with optimism, and altcoins like POWR could ride this wave. Technical...
Big news is on the horizon! The ETH ETF starts trading tomorrow, and this week could be monumental for crypto. Let’s dive into why ETH might be headed for a new all-time high. Market Catalyst • ETH ETF Launch: The launch of an ETH ETF is a major event, bringing fresh attention and potential inflows to Ethereum. Bullish Indicators • Market Sentiment: The...
Market Context: NEAR is part of the newly formed Grayscale Decentralized AI Fund and has shown significant relative strength. However, the rapid rise suggests a potential throwback. Trade Parameters: Entry: Enter the trade around the support level of $5.7. Take Profit: First target: $6.6 Second target: $7.5 Third target: $8.4 Stop Loss: Place the stop loss just...
Market Context: SOL is currently trading at resistance, and a small retrace is expected, providing a better level to enter into a trade. Trade Setup: Entry: Enter a trade at a retest of the $145 - $150 area of support. Take Profit: First target: $163.50 - $176.00 Second target: $188.50 - $200.00 Stop Loss: Place the stop loss just below $135 to allow for some...
Is a new bull market on the horizon? It just might be! Let’s dive into why TIAUSDT looks so promising right now. Market Context The crypto market is showing signs of life, and TIAUSDT could be poised for a significant move. Bullish Signals • Key Support Break: Recently, TIAUSDT broke through a key support level with significant volume, often a precursor to...
THE KOG REPORT: In last week’s KOG Report we said we would be looking at the key levels to give us RIPs. We started the week with a decent short into the support levels where we suggested the move could take us back into the 2350-55 region if 2370 was broken. That move gave us a wonderful opportunity to then capture that long trade we wanted taking us up into...
Nifty Short, Medium & Long Term view 15-Jul-24 to 19-Jul-24 Nifty closed at 24509 and touched low & high of 24230-24591 Market sustained above 24280 and closed at 24509 last week. RSI and stochastics levels was marginally down last week (72 % & 92% Respectively). Stochastic level for past 1 month is flat and sustained above 90. last such time happened in Nov...
Last week, the bulls did something remarkable. At the start of the week, there was a clear bearish reversal pattern forming on the daily chart. Despite being a believer in the bulls (given the strength of the weekly chart), I was still quite certain that sellers would at least be able to take down the weak low from the last week of June (SPX 5,448). However,...
Asia session insights: Are we heading lower? The stage is set for a potential sell-off, and REZUSDT could be in the spotlight. Market Context Bitcoin is still trading in a downtrend, and even a small downward movement could trigger a larger sell-off in the altcoin market. Let’s see if REZUSDT will follow suit. Bearish Signals • BTC Downtrend: Bitcoin...
In the last major rally, BTC needed approximately $522 billion to drive a 51% surge. Data from Feb 5 to Mar 4, 2024, highlights the substantial capital influx required for such a rise. Given current market dynamics, the availability of similar liquidity to ignite another significant price jump seems unlikely. 1D TF highlights a key support level around $ 53K ~ $...
Are we finally going up? It’s quite possible! Market Context Bitcoin is showing strong signs of a potential upward movement. Despite a poor weekly candle close, this might be a clever fakeout designed to shake out the shorts. Let’s dive in! Bullish Signals • Weekly Liquidity: There’s a ton of liquidity above $72K, and Bitcoin loves to chase...
Significant Selloff: Cryptocurrencies experienced a significant selloff during the holiday trading week, causing Bitcoin to break below the lower trendline of its symmetrical triangle pattern. Chart Pattern Shift: The chart pattern could be changing, and a further drop is possible unless we witness a false breakdown. Key Support and Resistance Levels: Support:...
Rapid Expansion and Market Growth: Cava Group NYSE:CAVA Group, a Mediterranean fast food chain, is rapidly growing with 323 locations and aims to reach 1,000 by 2032. This expansion could triple its annual revenue. Cava leverages AI to improve order accuracy and service speed, boosting financial performance. Financial Performance and Profitability: In Q1 2024,...
Price formed a reversal pattern on the daily chart. But is it "game over" for the buyers? Watch video to learn more Disclaimer I don't give trading or investing advice, just sharing my thoughts.
Market Context The market’s got a bearish vibe, and with the weekend approaching, we might see some significant downward movements. Time to capitalize on the bearish trend! Chart Analysis • Weekend Strategy: Weekends often bring volatility, and with the current bearish sentiment, AKROUSDT looks primed for a move down. • Bearish Signals: Technical indicators...
Market Context Bitcoin’s downward trend suggests we might see more bearish action in the coming weeks. As BTC drops, the ripple effect is likely to hit the entire market, making ALTUSDT a prime candidate for further declines. Chart Analysis • BTC Influence: Bitcoin is leading the market downwards, and ALTUSDT is poised to follow. • Bearish Indicators:...
This morning, the focus is on the Dollar-Yen pair. The bullish trend is evident across all timeframes. Yesterday, we observed a strong break of the reversal structure at 161.269 after reaching a momentum high of 161.95. This break is crucial for the continuation of the bullish trend. Following the break, a bullish pattern has formed, and the price has moved into...
VeChain (VET) is part of a blockchain platform that enhances supply chain and business processes. It improves transparency, traceability, and efficiency across various industries, including healthcare, agriculture, luxury goods, and logistics. With the VET coin serving as a transactional token, companies can ensure the authenticity and quality of their...