This is a really simple Bitcoin study on which I calculate the remaining days of the current Bull Cycle we are in based on the Top, Bottom and Halving of each Cycle. These parameters are effectively used to distinguish the Bull from the Bear Cycles. Tops are obviously where the Bull phase ends and Bear starts, while the Bottoms are where the Bear phase ends and...
Back in February 2020 we published one of our most popular ideas, the 'Golden 51%-49% Ratio': And in December 2022 exactly on the last Bear Cycle's bottom, we updated it issuing a mega buy signal for long-term traders and investors: As you can see, this couldn't have been more accurate and today, as we are only 2 weeks before Bitcoin's 4th historic...
Hello dear traders! What do you think about GBPUSD? Overall, GBPUSD fell as we predicted after reaching the limit of the rising price channel. It is currently trading around 1.262, with the focus being that the pair is facing a fierce reaction from the consolidating 34.89 EMA on the 2H chart. I think GBPUSD has enough strength to "cool down" and test the limit...
Today, the market witnessed gold prices correct slightly after peaking at $2,300 and then falling to $2,272. This is an important development showing positive fluctuations in the short term but does not affect the long-term price upward trend of gold. In the current economic climate, with high inflation and strong economic data, the Federal Reserve (Fed) will...
During the week, GBP/USD saw an impressive jump, especially on Wednesday and early Thursday, breaking above the 1.2600 threshold thanks to widespread USD selling pressure. Risky market sentiment and the growth of US stock futures support the upward momentum of this currency pair, making it difficult for the USD to have a chance to recover in the short term. With...
Gold fell back after an unsuccessful attempt to stabilize above $2,300. Traders withdrew some profits after the strong rally. Gold is still in an overbought state so there may be more downward momentum in the near future. Prediction information from Nonfarm is currently inconsistent on one side when the Average Income Index / Hour is growing strongly at 0.3% but...
Welcome to a new day in the cryptocurrency market, where BTCUSDT once again has the trading community buzzing with its latest stunt. Today, Bitcoin continued its downward journey, breaking through the ascending trendline, marking a notable development. The appearance of the 'cup and handle' pattern in a short period of time is not only an attractive performance...
As I mentioned in the previous analysis, BTCUSDT is currently in a recovery phase with a corrective trend, receiving support at 65,500. However, overcoming the $70,000 resistance seems challenging and remains the target. I still strongly believe in the downtrend. Once the current support level is broken, there will be nothing to stop BTCUSDT from falling further....
The market has a bearish order flow. On the 4H timeframe, it created lower lows. Recently, FX:GBPCAD has broken through the downward trendline and made a higher close on the 1H timeframe. The market is near the resistance zone, where price dropped before. I think the market may retest that level and make a downward move. It seems like the price might form a...
AUDCHF is trading in a bullish trend. After the price set a new higher high on a daily, the market retraced to a key horizontal support. This morning, the price formed a tiny cup & handle formation on that. Its neckline was broken after a release of CHF fundamentals. We can expect a trend-following movement now. Goal - 0.59766 ❤️Please, support my work...
The world gold spot price is around the threshold above 2,255 USD/ounce, up more than 18 USD/ounce compared to the transaction at the same time yesterday morning. Closing last night's session, the world gold spot price in the US market stood at 2,253 USD/ounce, a sharp increase of 21 USD/ounce, compared to the previous session's close. The world financial market...
The world gold spot price is around the threshold above 2,282 USD/ounce, an increase of more than 27 USD/ounce compared to the transaction at the same time yesterday morning. The world gold spot price in the US market stood at 2,282 USD/ounce, a sharp increase of 29 USD/ounce, compared to the previous session's close. During the session, there was a time when the...
Hello dear friends! Currently, EUR has bounced back after it regained its previously broken resistance at the 1.0800 mark with the price now hovering around 1.084 marking a 0.05% gain on the day . Furthermore, the USD index sell-off triggered by weaker-than-expected US ISM Services PMI data in March, coupled with comments from Fed Chairman Powell, strengthened...
Hello dear friends, let's explore GBP after yesterday's big fluctuations! Regarding the developments and results of the news on November 1: GBP/USD is trading above the 1.2650 level early on Thursday, finding support from the broadly depressed US Dollar. Mixed US data, dovish Fed commentary and upbeat market mood continue to act as a drag on the US Dollar ahead...
The price of BINANCE:BTCUSDT is consolidating after rebounding from the support level. Usually, the market forms a range zone after an impulse move. I think the market will break the range zone, not upside but downside, to collect the orders to move higher. In the crypto market, it is classic price action when the market moves sideways, building liquidity above...
Gold, a timeless safe asset, once again affirms its appeal in the current market context, especially when the XAUUSD price has reached a notable milestone at the 2302 USD threshold. In a volatile environment, this is not just a sign of a small correction but also evidence that optimism in the gold market is high. On the opposite side of the picture, we see the US...
Welcome back to today's XAUUSD discussion! Currently, XAUUSD continues its bullish streak at high levels with resistance at $2302, marking a 0.35% decline on the day. Accordingly, on the analytical chart, the upward momentum is still strongly supported with the rising channel not being violated, and is stronger when the USD is weaker, which is a catalyst to push...
Hello dear friends, another trading week has ended. Recap the past week's trades with me and discuss our new strategy! As I mentioned in last week's analysis, ETHUSDT is currently in a corrective recovery phase, receiving support at $3200. However, overcoming the 3500 resistance seems challenging and remains the target. Currently, ETHUSDT has paused at 3224$...