Yesterday's sharp selloff saw TOTAL market capitalization drop from $2.3T to $2.13T. Today's FOMC meeting could exacerbate downside pressure. Support Levels: Immediate support: Bottom of the current range at around $2.054T. Further support: $1.80T - $1.95T (daily 200 MA) if $2.054T is breached. Market Outlook: May historically experiences trading challenges,...
AUD JPY PRICE - LIQUIDITY IMBALANCE TILL SUPPORT ZONE, take a short entry after breaking mid support zone which is 99.350 price, till the price is marked follow for more contents
Next Resistance Level - 125 Next Support Level - 107 Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content...
In this live trading session video,we look at current live open positions on BRENT, GBPUSD, EUR and potential trades coming on Bitcoin,Etherum,US30, etc and the thinking behind them. We also look at how we are doing on our live 100k traders challenge account.
Nifty Short , Medium & Long Term View-26-Feb-24 to 01-Mar-24 Nifty closed at 22212 (22040) and touched low & high of 21824 & 22297 RSI and stochastics levels reduced this week (90% & 90% Respectively). Both Rsi & Stochastics is in overbought zone. Volatality was seen on Thursday with more than 400 points. Market crossed 22150 last week. Need to decisively close...
In the latest analysis post, I've closely examined the performance of Grayscale Bitcoin Trust (GBTC) with a particular focus on recent liquidity movements. Over the past week, spanning five trading sessions, a noticeable deceleration in the rate of daily outflows from the trust has been observed. Specifically, the average daily outflow rate has contracted by...
Post the spot ETF approval, there was a notable surge in significant inflows marked by high volumes. However, a distinct trend emerged with the redemption of AMEX:GBTC , highlighting two crucial points: first, there has been selling pressure on GBTC, and second, the anticipated inflows were lower than initially expected. Weekends often witness limited...
BINANCE:BTCUSDT Bitcoin has recently seen a deceleration in the mid-$40,000 range, encountering resistance levels between $43,000 and $44,000 on both a weekly and daily basis. From a technical standpoint, surpassing this resistance zone is crucial for supporting a bullish continuation. Currently, the market is facing challenges in overcoming these levels. To...
Speculation is just that, only speculation. Ideas to guide your trading and/or investing journey. I put a good amount of time in researching and charting over the last year to specifically develop this thesis. I hope you enjoy and please like and share, even if it's to ridicule my analysis! With that said, it looks like there are three scenarios that are 'most'...
the market has already dropped 70% of the way. Currently, we will witness the last decline.
In my point of view Vet is running a running flat correction from the beginning. In present it is running the final leg. Let's see whether the supercycle wave 5is truncated or not. If 0.218 area broken and started pumping the 5th wave has truncated and a new wave has started. Unless that we can expect further downward movement. Currently wee are in the leading...
Today's focus: US30 Pattern – LH Support – 34,560 Resistance – 35,030 • Price set a new failed high, pressuring the current rally • US Employment data at due 8:30 am Today, we have run over US30 technicals and price action after yesterday’s selling set up a failed rally that could become a new lower high. We don’t have a directional bias at the moment, but we...
It's been 5 days since BTC is consolidating between 29400 and 28800$. Consolidation range is narrowing, that is why we can see almost zero volatility on the coin. Usually, after long consolidation we can expect a big move. Will this be move positive or negative - hard to say. because currently the situation is 50/50 Personally I would like to see downtrend...
Recap ES continues its characteristic bull market cycle of multi-day squeezes followed by wide rangebound consolidation under resistance, as it has done since July 19th. This pattern is expected to continue until a breakout occurs. Markets Overnight 🌏 Asia: Down a bit 🌍 Europe: Down 🌎 US Index Futures: Down 🛢 Crude Oil: Down 💵 Dollar: Up 🧐 Yields: Up strongly 🔮...
Quick market update focusing on Bitcoin and covering BTC CME Futures, ETH, SP, NQ, and DXY. Effectively Bitcoin is still holding the $30k support and trend does remain to the upside, with major news events starting Wednesday with inflation data, we are expecting an increase in volume/volatility. Overall we did breakdown from the range high but until the $30k...
Hi Traders! GBPUSD seems to be currently content trading in the 1.27000 area. The price action on the 4H chart indicates possible nervousness or uncertainty from traders. There was a recent failed breakout above the bull flag with a downward trend in recent trading volumes to confirm any lack of momentum in the markets, so we are not expecting any big market...
Key News: USA - United States - Independence Day Australia - RBA Interest Rate Decision (Jul) Wall Street's main indices closed with modest gains on Monday in a shortened session, as Tesla (NASDAQ: TSLA) surged and bank shares showed resilience, signaling a subdued start to the second half of the year. Driven by news of record-breaking vehicle deliveries in the...
Mixed Trading Day Driven By Market Reactions To Powell's Remarks And Tech Stock Performance Key News: USA - Fed Chair Powell Speaks USA - GDP (QoQ) (Q1) USA - Initial Jobless Claims USA - Pending Home Sales (MoM) (May) During Wednesday's trading session, the Nasdaq saw a moderate rise, driven by the positive performance of large-cap stocks. However, contrasting...