Hey Everyone, We finish off the week completing all our targets into 2045 weighted level to complete the range. 2045 failed to break with ema5, as stated yesterday and therefore followed with the rejection. We will now wait patiently for price to settle into a weighted support level below from this rejection and create a new Goldturn to catch the bounce...
◳◱ On the $COMP/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 59.61 | 63.45 | 72.81 and support near 50.25 | 44.73 | 35.37. Entering trades at 53.01 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Compound ▣...
◳◱ On the $LSK/ CRYPTOCAP:USDT chart, the Super Trend pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 1.259 | 1.319 | 1.43 and support near 1.148 | 1.097 | 0.986. Entering trades at 1.184 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Lisk ▣ Rank: 258 ▣...
◳◱ On the $LSK/ CRYPTOCAP:BTC chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.00002999 | 0.00003259 | 0.00003675 and support near 0.00002583 | 0.00002427 | 0.00002011. Entering trades at 0.00002783 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Lisk ▣ Rank: 264 ▣...
The euro gained 1.08% to $1.0991, the highest since Nov. 29. It is on track for its biggest daily percentage gain since Nov. 14. The ECB kept rates steady and pushed back against bets on imminent cuts to interest rates on Thursday by reaffirming that borrowing costs would remain at record highs despite lower inflation expectations. “The ECB was unable to...
Focusing on technical analysis, XAU/USD retains a bullish outlook, although its upward journey may encounter temporary setbacks. This means there could be transient pullbacks in the uptrend, especially if overbought conditions are reached. We are not there yet, but the 14-day RSI indicator is heading in that direction, In terms of major levels to watch, resistance...
Anticipating a Massive Altcoin Season: Exploring Potential Growth in Market Cap Introduction: The cryptocurrency market is abuzz with predictions of an impending altcoin season that could lead to a staggering $5 trillion Altcoin MarketCap by 2025. This forecast is grounded in historical data, fractal analysis, and chart patterns, suggesting a pattern reminiscent...
Reuters reported: The tax reform council of Japan's ruling Liberal Democratic Party has agreed to reduce income taxes to compensate households suffering from soaring prices and support a change in the deflationary mindset that has pervaded the country. past decades The move is also intended to encourage a healthy growth cycle driven by private sector demand, with...
Hey Everyone, A piptastic day on the charts for us with our chart idea playing out as analysed hitting our bullish targets confirmed with the break of the weighted levels, allowing plenty of time to get in for the setups. 2012 lock opened 2022 and 2034 and then 2034 lock opened 2045, which were all hit perfectly!!!! We are now seeing a rejection at 2045...
Trade Setup for BAKE/USDT: Long Position Analysis: BAKE has broken out of a falling wedge pattern, indicating a potential reversal. The current market situation involves a retest after the breakout. Entry: Entry Point: Current Market Price (CMP) Additional Positions: Consider adding more if the price drops to...
Thank you for reading this update. Depending on our study we see that RNDT has a good chance of volume increase. This updates depending on day trade, And the market should confirm with time the right market way. Time ago we did also scan the first volume of this coin as the chart shows. #Nottradingadvice #For Day traders take always profits when the market...
EURCAD formed a tiny double top pattern on a solid horizontal resistance. Breakout of its neckline is a strong bearish confirmation. We can anticipate a bearish movement to 1.4645 now. ❤️Please, support my work with like, thank you!❤️
Hello Guys, This pair has been on my radar for a long time now. Let's break down this pair. On the monthly timeframe, a bearish CHOCH was formed and if you use your fib to measure the retracement, you will notice that the price has retraced more than the equilibrium price, meaning that GBPNZD is in a premium zone. This doesn't mean it would be wise to short the...
Gold rose to around $2,030 an ounce on Thursday, hitting its strongest levels in a week as the dollar and Treasury yields weakened sharply after the US Federal Reserve held interest rates steady and signaled three rate cuts in 2024. Fed officials expect to lower rates by 75 basis points in 2024, more aggressive than indicated in September’s projections, and...
The buying force returned in the last session, and although it once surpassed the old peak around 1,081, it could not maintain above this price level, the selling force returned and created long candle shadows above, the behavior This price shows that there is still a significant struggle around this resistance level. You continue to observe to see if the price...
Hey Everyone, And what can I say apart from BOOOOOOM!!!! We got the swing range reaction we expected once again for another perfect swing and a lovely catch for us, from the bottom inline with our plans to buy dips. We also got our Bullish targets at 2001 and 2012 now complete. 2012 is a weighted level and will need ema5 to lock above it to open the range above...
Earlier I talked about this zone, the leverage is almost non-existent because I believe that the swing low is somewhere here, if the price denies me, I will accept it through the management. Fibonacci 0.318 plus 200dma always good to see. Below $4150 I don't believe it's bullish anymore and we'll accept that. TP new ATH
The Federal Reserve is expected to leave interest rates on hold in a decision at 1900 GMT, and how the dollar moves afterward will depend on whether policymakers counter recent growing expectations for rate cuts next year, UniCredit Research analysts say in a note. UniCredit doesn't expect the Fed to "push back firmly against recent market expectations of...