Today's silver futures are experiencing some pressure, reflecting a challenging day for the precious metal. Yesterday, there were outflows in the portfolio on June 25 from strikes of 32.5/35. Outflows of funds from the portfolio are partial and did not lead to the liquidation of the portfolio, which indicates the management of the portfolio in a negative...
In the weekly frame on the S&P500 index, there is a pattern called three black crows and it is a bearish pattern that will lead to a downward move in the upcoming weeks. in July and August 2023, the same pattern happened and the market rebounded for two weeks then the downward move began to make the index retrace about 9% As we can see on the chart the index...
An exceptional opportunity looms on the horizon for the JUV cryptocurrency! The chart reveals a perfectly orchestrated Double Bottom formation, marking a potential bull turn. With the two troughs aligned, we hit a sturdy stand, indicating constant buying pressure. The recent rupture of the neck line, accompanied by an increase in volume, confirms the trend. This...
📈 With the current price of Bitcoin at $68,700, the marked levels can be analyzed with respect to this price: 💸 $64,081.71: This level is now acting as a support level since the price is above it. It could be a recent swing low or an area that previously had significant trading activity. If the price were to retract, this level might be where buyers could step...
"Bitcoin has depreciated by -12.37% since its peak on Thursday, March 14th, at 73.7K. BTC/USDT has fallen to the support level of 64.3K (25-period daily exponential moving average). From that level, buyers have defended the cryptocurrency against further declines, and it has recovered to the 69K level. At the time of writing this article, the flagship...
This was a decent setup - inline with the strategy, however, could not place the trade due to migration issue with TFF. Price created a R which turned into S - had HHs and HLs - entered on the bullish pinbar candle.
Introduction: Understanding the nuances of the cryptocurrency market is challenging, especially with its inherent volatility. However, seasoned investors often rely on specific charts to gauge the market's overall sentiment. One such crucial chart is the ETHBTC chart, which is a ratio of Ethereum's price to Bitcoin's price. This article delves into how this chart...
The Eerie Resemblance: If you've been in the crypto game for a while, you might be experiencing déjà vu. In 2021, Bitcoin was riding high before it underwent a profound transformation from a bullish to a bearish trend. What followed was a period of intense volatility and uncertainty. 🐻 The Bearish Divergence: One of the key signals of concern is the emergence...
Explanation within the chart - entry could have been better. Going for a 2RR
Welcome to our weekly USD/CHF analysis In this post, we'll provide you with a comprehensive outlook for the USD/CHF currency pair for the upcoming trading week. 📈 Key Weekly Analysis Points: - Strong Resistance Levels: Explore the critical resistance levels to monitor during the upcoming trading sessions. - Technical Indicators: Get insights into the technical...
Good market structure play, price was creating LLs and LHs - entered on the RT and new LH after bearish engulf & RT towards EMA - looking for continuation to the downside with 2 RR
Please search for my previous post, where I anticipated the last available effective demand zone and how important it was. Sure enough, price reacted on Friday and it's already taking H4 highs as mentioned. This is not a flex, as it's possible to do this very often with high precision, but an attempt to demonstrate how important it is to have a clear analysis...
This was a 38.2 RT and strong probability - price RT the zone, dropped slightly, ended up consolidating nd then SL was triggered - took an L.
Looking at past times on DJI yearly time frame where Stoch rsi has crossed below the 80line it has resulted in major market crashes or dead sideways markets for long periods.. With how the economy is world wide at the moment id say things are about to get pre ugly for the markets. Monthly time frame also trying to set a Lower High.. Not feeling too optimistic...
Last week in the news It was quite a stressful week for the crypto market, as the SEC continued with its effort to put crypto business in the US under “regulation”. On the other hand, US equity markets continue with gains during the last month, with S&P 500 moving above 4.300 points. Bitcoin is ending the week modestly above $25.5K, while Ether manages to hold...
The Federal Reserve Chairman Powell reinvoked the power of the interest rate hikes to continue the battle in bringing inflation down. This news push the USD near the 106 lvl and hit the NZD/USD, pulling price below the 0.61 lvl. This was a hit to my position, but I ok with the floating loss currently. In order to reduce my risk, I added a stop at 0.60 because my...
The EUR/USD is pushing lower because of Friday's USD PCE coming out higher then expected, and the previous reading revised higher. This is supposedly the FED's favorite measure of inflation, which gives the FED additional evidence to increase rate hikes. I do not think that the FED will be inclined to raise rates in the March meeting by 50 basis points. It will...
Fear is increasing. But if/when VIX reaches extremes at upper side of 2022 range, then watch SP500 for potential supports. First is at 3800/3750