Bitcoin prices are currently stuck in a rectangle pattern. A break below $66,000 could potentially send prices down to $60,000, a drop of 9%. Conversely, a break above $72,000 could lift prices towards $77,970 per coin. Recent trends show a stronger dollar, particularly against the Euro and British pound. If this strength continues, it could negatively impact...
FX:EURUSD Price fell to our discounted buying zone, now we expect price to bounce from the our zone. Still we are awaiting a strong buying volume to kick in the market which will help us targeting our take profit zone. Please use accurate risk management and we wish you all the best. Good Luck. Team Setupsfx_
FX:XAUUSD has been facing strong bears since the opening of the session. The price returns under 2325 and forms a consolidation. Earlier there was a retest of a strong resistance area. The market is still bearish For the gold market the area of 2325 plays a key role at the moment. Bulls are not yet ready to overcome this area on the background of strong...
Dear Traders, Hope you are doing great, price of USDJPY remain tricky. Previously, we had anticipated that price will drop heavily, however, due to weak Japanese yen price remain bullish as it was before. We still currently in a correction zone, where we can expect price to drop slightly lower to our area of entry and then we can see a strong buyers liquidity...
On the above 4 day chart price action has risen 800% since last October. A number of reasons now exist to be short, including: 1) Price action support has failed. 2) Regular bearish divergence. This negative divergence can also be found on the BTC pair of the token (below). 3) Price action is following the Gaussian channel after a strong rally as shown on the...
On the above 4-day chart price action has corrected 10% from the 4600 summer high to find support on the Golden ratio. A remarkable moment now exists to have long exposure. Why? 1) RSI and price action resistance breakouts. 2) Support on 2022 resistance. What a signal! 3) The Cup and Handle pattern confirmation is textbook. The handle breakout follows strong...
FX:XAUUSD continues to be under strong pressure from sellers on the back of a strong dollar. The market failed to overcome the 2325 area and is heading for a support retest. Ahead of the news (Core Retail Sales, Retail Sales), increased volatility is expected. Traders are expecting neutral-bullish data against the US market. If the figures are higher than...
💹 Let's dive into the analysis of this popular forex pair at the start of the week. We'll update our previous analysis and identify new triggers for potential trades. 🌟 Weekly Updates: Starting from Monday to Wednesday, we'll cover , Monday: Bitcoin and Dominance analysis , Tuesday: Ethereum and ETH/BTC analysis , Wednesday: Gold analysis These are in addition to...
BINANCE:BTCUSD is not ready to pass through 71500 yet and continues the correction phase, testing local lows and liquidating buyers in order to increase the position of a major player. Consolidation is clearly visible on the higher timeframes. The resistance area of 71500 plays an important role for the market, a breakout and consolidation of the price above...
💹 Let's dive into the Bitcoin analysis we shared last week, update it, and discuss the conditions for the upcoming week! 🌟 Weekly Updates: Starting from Monday to Wednesday, we'll cover , Monday: Bitcoin and Dominance analysis , Tuesday: Ethereum and ETH/BTC analysis , Wednesday: Gold analysis These are in addition to our daily analyses. 🎉 Channel Milestone...
End of day update from us here at KOG: A nice Monday for us in Camelot with Gold coming down into the support region of the range, giving the RIP we wanted not only giving us one, but two nice long trades. We then suggested trades halt on going long as those resistance levels were important regions, and instead we managed to identify the short trade which came...
Bitcoin price action has continued to frustrate market participants with price action resistance at 70k. That’s about to change. Why? 1) Price action and RSI resistance breakouts. 2) A trend reversal is evident with the first higher low on May 11th now followed by the first first higher high. Yellow arrows. 3) The flag, you can see it? It is very clear. A...
Bitcoin managed to break the Support zone($66,080_$65,860)(15-minute time frame) . I expect Bitcoin to continue its decline to at least the previous low of $65,000 and likely break the Heavy Support zone($65,730_$64,240) . Note: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze (BTCUSDT), 15-minute time...
Technical Analysis: Assessing Bullish Continuation and Potential Corrections The price recorded a new all-time high, demonstrating strong bullish movement. However, some investors remain concerned about the sustainability of the equity rally, as gains have been driven primarily by megacap growth and technology stocks. Today's Outlook: The price is expected...
Our 4 confluence trade setup We are in the midst of a large retracement on the 4h timeframe and expect price to go all the way up into the 1) premium price range where there is a 2) sizeable fair value gap that lines up perfectly with the 3) Fibonacci Golden Zone and also an area of 4) Support/Resistance. We expect a continuation of bearish price action,...
US30 Technical Analysis US30 Looking Bullish on LTF and also HTF Daily Structure both are going good, expecting continuation upside as i mentioned.. Thanks
After a Huge Bearish Move, The EURNZD Reached a strong support level (1.74700 - 1.73836). Currently, The Last Lower high is broken (change of character) So, I predict a bullish move📈 __________ TARGET: 1.76245🎯
Here's a follow up of my Nasdaq video posted in the AM. I hope you guys are learning when it comes to patience and following a good process.