Hello all dear traders! Overall, Bitcoin's recent price drop on May 1, 2024 changed general sentiment, but it appears to have been a bear trap, leading to mass liquidations and a subsequent decline in the overall market. can. Currently, Bitcoin is trading close to $63,000, and in the past 24 hours, it has experienced greater than 6% growth. Over the past 7 days,...
Hello dear traders! Overall, Gold prices traded stronger during the day. The bullish outlook for the precious metal remains intact, as XAU/USD is above the key line (EMA) on the daily chart. In the short term, gold prices have remained confined within the down trend channel since mid-April, suggesting that further consolidation or a sharp decline as I mentioned...
CRYPTOCAP:AVAX W pattern is in making in 1Dtf and you know what will happen when W pattern breaks outπ CRYPTOCAP:AVAX is the next Big Thingπ΅ I'm in Long from: 36.40 Minimum Targets 40.00 - 44.00 - 47.00 Sl: 30.00 #dyor #nfa #aqeelonline
Greetings Traders! In this comprehensive video, I'll delve into the DXY and GBPUSD, offering valuable insights for the week ahead in trading. It's essential to adapt your strategies to the market conditions. Presently, we've witnessed a retracement to a significant point of interest, hinting at potential bearish momentum to follow. Stay tuned for the latest...
Price has bounced off the 50% fib level on the daily chart and has also broken out of the triangle pattern previously created. Price currently sits at resistance so there are no clear long entries to play here that would be safe to take, but if price drops to previously lows, or creates a new higher high, then we can be waiting for the next leg towards the highs.
BUY ABOVE - 48970 SL - 48800 TARGETS - 49130,49300,49480 SELL BELOW - 48800 SL - 48970 TARGETS - 48660,48500,48400 NO TRADE ZONE - 48800 to 48970 Previous Day High - 49300 Previous Day Low - 48800 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 22470 SL - 22420 TARGETS - 22510,22550,22600 SELL BELIW - 22420 SL - 22470 TARGETS - 22360,22270,22210 NO TRADE ZONE - 22420 to 22470 Previous Day High - 22600 Previous Day Low - 22420 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Bitcoin rebounds strongly to 65k area, which can be signal that correction may be over from technical perspective and by Elliott wave theory. We have been talking a lot about a corrective decline in the Crypto market in the past weeks. We also talked about Bitcoin ahead of the halving and we also shared a free chart back on April 15th, where we mentioned and...
Price had a daily false break and is back about it's previous level of support. On the 4H we can see that price has broken it's downtrend identified with the trendline. I'll be looking for price to come back into my 4H level of support for a potential by back to the daily high.
Dear traders! Recently, BTCUSDT is having difficulty maintaining its peak of $70,000. Both the short-term and medium-term outlook show that the technical downtrend is gradually strengthening. Technically: the relative strength index is trending down above the bullish zone, suggesting a potential momentum shift and a potential bearish revival. Therefore, I...
Hello all dear traders! Let's discuss today's trends On the demand timeframe, we see the trend has changed as the market enters medium-term sell-off correction waves, with resistance holding the price in the context of a weak recovery to date. Personally, I appreciate that Bitcoins weakness has not stopped the decline that will continue in the near future. The...
Hello all dear traders! On the news impact : EUR/USD continued to rise on Thursday as the prevailing positive sentiment in the markets brought support to risk-sensitive currencies such as the Euro. This improved risk appetite can be attributed to dovish comments from Federal Reserve Chairman Jerome Powell on Wednesday. It is currently trading at 1.0717, but...
Hello all dear traders! Currently, gold price is fluctuating around 2301 USD unchanged compared to yesterday's trading session, continuing to stabilize its strength above 2300 USD. In general, in the short term, the fact that the US Federal Reserve (FED) has not lowered interest rates will reinforce the appreciation of the USD, thereby causing gold to more or...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.60400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60400 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2305 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2305 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.25900 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.25900 support and resistance zone. Trade safe, Joe.
π΅οΈββοΈ Let's dive into this forex currency pair, which is the exchange rate between the Australian Dollar and the New Zealand Dollar, and examine the latest entry points. β° In the weekly timeframe, the exchange rate of these two currencies is currently in a range, experiencing fluctuations and reacting to the resistance and ceiling of the box, which is at point...
BUY ABOVE - 48970 SL - 48800 TARGETS - 49130,49300,49480 SELL BELOW - 48800 SL - 48970 TARGETS - 48660,48500,48400 NO TRADE ZONE - 48800 to 48970 Previous Day High - 49610 Previous Day Low - 48660 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...