Hey everyone, What are your thoughts on whether we should buy or sell BTCUSDT today? After carefully observing the data and analyzing the charts, BTCUSDT appears to be in an accumulation phase and is currently consolidating with the EMA 34, 89. It's expected to continue sideways movement around the current level near the support area and may bounce upwards once...
Hello everyone, Today, gold prices continue their recovery momentum since Monday, with the metal gaining over $25 since the start of the new week. Although gold has experienced two consecutive weeks of decline following a five-week recovery streak, overall investor sentiment remains optimistic towards this precious metal. From chart analysis, we observe that...
Analysis: Factors Driving Gold Prices Up Here is why we think it will go up (FUNDAMENTAL ANALYSIS) Weak NFP Report and Potential Fed Rate Cuts: The recent Non-Farm Payrolls (NFP) report came in weaker than expected, signaling sluggish job growth in the United States. This unexpected weakness has raised speculation that the Federal Reserve may consider...
Greetings, savvy and wealthy investors! Today, gold prices are trading negatively. However, the outlook for the precious metal remains constructive, as XAU/USD sits above the EMA 34, 89 lines. In the short term, gold prices are still constrained within a gradually declining trend channel since mid-April. However, the path of least resistance seems upward as the...
Bitcoin Analysis Today D1: Bitcoin surged strongly on Friday, forming a wide-ranging bullish D1 candlestick that closed near its high, indicating strong buying pressure on that day. This buying momentum was sustained over the weekend as Saturday and Sunday both witnessed price increases. Structurally, Friday's bullish D1 candlestick is significant as it broke...
Today, EURUSD continues to move within a descending price channel, with the pair currently trading around the 1.076 level and approaching the upper boundary of the channel. Another downward movement is expected as the selling side continues to firmly defend the price channel!
Hey there, what do you think about SOLUSDT? Currently, SOLUSDT is showing relatively stable recovery phases, with prices receiving support around $125.80 and gradually approaching the resistance level as marked on the chart. If we successfully break and close above that level, we could expect a target around $180.100. On the other hand, SOLUSDT might still...
The hesitant movement of the US Dollar (USD) seems to have provided enough momentum for the continued upward movement of EUR/USD at the beginning of the week. However, this pair has failed to retest or surpass the key barrier at 1.0800 during its fourth consecutive day of gains. The anticipated sideways trend is expected to persist, with the pair soon...
Hello dear friends, Today, let's explore the gold prices together! Gold has seen a slight recovery after a turbulent Friday, trading steadily around $2310 and rising 0.34% during the day. In terms of short-term prospects, gold seems to be moving sideways and remains in an accumulation phase with expected fluctuations between $2325 and $2290. Pay attention to...
Greetings traders, Today, BTCUSDT is hovering around $64,230 since its last dip last Friday. However, looking at the bigger technical picture, BTCUSDT is still operating steadily within a consolidation channel, with short-term prospects favoring the selling side given stable factors and support from RSI and EMA 34, 89. The $69,000 mark may appear soon, but...
Hello TradingView Family / Fellow Traders, As per my last analysis, ETH rejected the $2900 - $3000 support and traded higher. What's next? Scenarios: 1️⃣ Bullish For the bulls to take full control again, a break above the last high marked in orange is needed. In this case, a movement towards the $4000 resistance would be expected. 2️⃣ Bearish In...
Gold / XAUUSD has potential for a small bullish pump over the next few days; followed by a bearish correction. We have some Buy Signal Momentum currently going; it hasn't ended yet but this current bar is displaying it; this implies now is still considered to be a good time to buy but may not be tomorrow! The buy rating started at 1☆ and is closing at a 2☆; this...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 USDCAD has been overall bullish , trading inside the rising channel in blue. At present, USDCAD is undergoing a correction phase, trading within the short-term falling channel in red, and it is currently approaching the lower bound of the channel. Moreover, it is...
Hello there, What are your thoughts on BTCUSD? In the short to medium term, I continue to favor buying strategies as it undergoes a new recovery phase, currently hovering around $65,000 and showing a 2.80% increase for the day. However, upon closer examination of the technical charts, indicators such as RSI and trend lines are showing signs of divergence,...
BONK has reversed from the previous local top, making it a double top reversal. I'm not betting on further bearish price action, but in case it does, I'm waiting for the price to reach the bottom diagonal support for a quick reversal entry. Target at the top resistance, stop below the most recent local low.
EURUSD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short EURUSD Entry - 1.0777 Sl - 1.0814 Tp - 1.0711 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Analyzing the options chain and the chart patterns of VALE prior to the earnings report this week, I would consider purchasing the 12usd strike price Calls with an expiration date of 2024-6-21, for a premium of approximately $0.79. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Hello traders! ‼️ This is my perspective on AUDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to continue the retracement to fulfill that huge imbalance and then to reject from trendline + institutional big figure 0.90000. Fundamental news: This week on Friday...