Over the last two bull-runs, Bitcoin has been trading in a relatively predictable pattern. In this analysis I want to take a closer look at this pattern and discuss my BEST-CASE scenario for the next bull-run.
* BTC has been trading within the bullish channel Since July 2017 (more than 6 years). Every time the support was touched it produced a local low, every...
AVAX is one of the weakest bigger alts that's currently on the market. With AVAX losing the key purple support area, I'm anticipating further selling. With a weakening Bitcoin, I won't be surprised if AVAX will fall back all the way to the 2021 lows.
From a TA perspective, this yellow area would be a decent long-term entry area if you're waiting for a long-entry....
ZIL has been trading below the top resistance for around 18 months. The 0.0155 support held strong all this time. A break out on either side was expected after the support and resistance converged.
If we can close the week above 0.018, I'm treating it as a successful break out of the triangle pattern. In my view this could be the definite low of this token with...
As you can see, the price fell to $1914 and after that it was able to grow up to $1928! The range of $1924 to $1929 is one of the supply ranges, and if the price stabilizes below this level in the 4-hour time frame, we will probably see a further drop in the price! Note that we still have a liquidity void in the range of $1931 to $1945, which we expect to be...
Hello dear friends, today USDJPY continues its stable upward trend at 148.05.
From a technical perspective, the sustainable strength and acceptance level at 148.00 can be seen as a new catalyst for bullish traders. Furthermore, the oscillators on the 4-hour chart are holding in positive territory and are still far from being overbought. Conversely, this indicates...
MANA is showing us a perfect example of an Elliott Wave Impulse, correction, impulse.
We are currently within the correction and looking for Wave B completion.
Will be looking for lower timeframe price action to tell us when to enter with a small stop loss!
Goodluck and as always, trade safe!
Brian greets everyone! Today, we are once again witnessing the shining performance of NZDUSD as this currency pair continues to hold its upward momentum, reaching a trading level of 0.595 and still remaining in an uptrend.
The target for NZDUSD today will be 0.598 before surpassing the 0.600 mark to gain even stronger bullish momentum.
Hello dear friends! Selena here.
In the 4-hour view, it was expected that USD would trade within the range of 147.50/148.10 yesterday. Selenadid not anticipate the increased volatility as USD fluctuated between 147.46 and 148.36 before closing at 148.33 (+0.32%). The upward momentum has increased, albeit not significantly. Today, USD may rise further, but it is...
In a significant revelation, Arkham Intel, a prominent blockchain intelligence platform, has uncovered Bitcoin (BTC) reserves valued at $25 billion, which are being held by Coinbase, the well-known cryptocurrency exchange based in the United States.
This finding firmly establishes Coinbase as a dominant player in the Bitcoin realm, solidifying its position as the...
My dear friends,
Please, find my technical outlook for QQQ below:
The instrument tests an important psychological level 357.96
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 370.14
About Used Indicators:
Super-trend indicator is...
Binance disputes the SEC's allegations of mishandling customer funds, deceiving investors, and violating securities laws.
The legal battle between Binance and the SEC has sent shockwaves through the cryptocurrency community.
Binance and its affiliates assert that the SEC is overreaching its jurisdiction on digital assets, especially without any clear legislative...
If you haven`t sold COIN at $250, when Jim Cramer was preaching $475 for the stock:
Then you need to understand the recent crypto landscape:
Binance disputes the SEC's allegations of mishandling customer funds, deceiving investors, and violating securities laws.
The legal battle between Binance and the SEC has sent shockwaves through the cryptocurrency...
Hello Traders:)
Let's start by recognizing the overall trend in the electric vehicle sector.
Global sales of electric vehicles have more than doubled in just two years, marking a sixfold increase compared to 2020. Considering the future bans on the sale of gasoline-powered cars, this trend is expected to be sustained and even strengthened in the near future. This...
Let's discuss GU with Selena today!
Currently, GBP/USD is still struggling to capitalize on the modest gains from the previous day. The price of GU remains below the key level of 1.2300 and seems susceptible to extending the clearly established downward trend over the past two months.
The Relative Strength Index (RSI) indicator on the 4-hour chart is still below...
The price of Loom Network is $0.10 today with a 24hour trading volume of 2 million dollar. This represents a 55% price increase in the last 24 hours and a 145% price increase in the past 7 days. With a circulating supply of 830 Million LOOM, Loom Network is valued at a market cap of 90 million dollar.
Loom Network is a platform as a service that is built on top...
Brian greets everyone! Today, we can see that gold has unexpectedly turned downwards and is currently trading at $1920.
However, on the 4-hour chart, the metal is still within an upward trend, with a strong support level at $1915. Therefore, there is still a possibility of gold continuing to rise.
Selena greets everyone with a warm hello!
The European Union (EU) currency is currently being traded at approximately 1.064. After the release of data from the United States, the pair experienced a drop and then made a recovery, reaching a high of 1.0670. This recovery was driven by a correction in the value of the US Dollar.
Selena foresees that prices will...
My dear friends,
Please, find my technical outlook for USDCAD below:
The price is coiling around a solid key level - 1.3449
Bias -Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.35022
Safe Stop Loss - 1.3414
About Used Indicators:
The...
