Bitcoin took a hit on May 1, 2024 Causing a shift in sentiment, but it seems it was a trap for bears, triggering a wave of liquidations and a subsequent market decline Now, Bitcoin is around $64,000, showing over 6% growth in the last 24 hours While it has been stable over the past week, its price has dropped by over 4% in the last 30 days
I do not provide personal investment advice and I am not a qualified licensed investment advisor. Do not take any trade based on this, it is my personal opinion. The price last did not stay long below 💲1. I do not see it above $1.15. No way.. never! Whatever they gonna call it.... Do not believe them! , It have been printed in this chart for numerous years (...
As We Talked in The Previous Analysis: The Price Broke The Support Level (1.07431 - 1.06950) . On Friday 3 May, The Price Has Pulled Back to The Resistance Line. So, Let's Expect The Bearish Scenario : if The Price Breaks The Support Line and Closes Below That, We Will See a Bearish Move📉 _________ TARGET 1: 1.06670🎯 TARGET 2: 1.05755🎯
The price perfectly fulfilled my previous idea. It hit the target level. As we can see, BINANCE:ETHUSDT is moving sideways in the giant range zone. The price took liquidity below the April low, forming a fake breakout of the strong support level. It broke and closed above the key level at 3000. I think the price might pull back to the support level, then move...
We are going to be looking at this chart through candlestick reading for learning and entertainment purposes. —TOTAL2 Weekly Chart (Notice the numbers on the candles) 1) This is the peak. The candle closes red. The candle closes as a Doji. Volume starts to decline soon afterward. These are bearish signals. 2) This is the initial market reaction to a new peak...
While many of us can be in a hurry, or better yet, excited about potential market conditions, the market does not get excited and does not care; the market is in no hurry. The market; our market, the Cryptocurrency market, moves in cycles and within these cycles we have waves. The market grew really strong in 2023, our recovery year and this growth continued...
✍️ NOVA hello everyone, Let's comment on gold price next week from 5/6 - 5/11/2024 🔥 World situation: Gold's initial gains were wiped out on Friday due to disappointing Nonfarm Payrolls data from the US Bureau of Labor Statistics, indicating a slower jobs market. Despite briefly nearing a daily high of $2,310, it didn't surpass May 2’s high of $2,326 and...
Look at this beauty! Its the F SAME PATTERN as in 2017. Even the previous correction has followed the EXACT fib levels. Given that: Whats gonna be next? --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No financial advice, do your own research, don't be stupid
In the 4-hour time frame, IOST has broken out of this falling wedge pattern and is currently bouncing after retesting this pattern. If we look at it on a higher time frame like daily, we can see bullish divergences in the RSI. This seems like a solid choice. Its strong tokenomics and competent team make it a promising asset. The chart indicates the potential for...
Hello everyone, let's explore today's gold price situation! Yesterday, gold experienced significant fluctuations in response to two major news events: the Non-Farm Payrolls report and the unemployment rate. Following these updates, gold prices initially surged to $2320 USD, then dropped to $2277 USD, before finally stabilizing around the $2300 USD mark. However,...
Hey Everyone, Please see our daily chart idea that we have been tracking and trading successfully since completing our last daily chart idea. Previously we saw the anticipated retracement take place and the price test support at 2325 Goldturn inline with the channel half line. However, Ema5 5 remained above 2325 confirming the bounce, which we were able to track...
Hello everyone, what are your thoughts on BTCUSD? Taking a close look at the technical chart, BTCUSD is currently forming a cup and handle pattern, and the price continues to follow an upward trajectory as per the long-term trend. It is anticipated that in the near future, the price could reach $90,000 as it approaches the ascending trendline formed by the...
BTC Back down to $57K in a hurry. I've overlaid S&P again to highlight that Bitcoin is continuing to move with the index. And actually today Bitcoin has already printed a bearish momentum candle whereas S&P has not, so potentially it is now leading the S&P. So as one overtakes the other, we may find that Bitcoin's continuation is signalling further imminent...
Hello, GBPJPY - Potential Sell! for when the market reopens, becareful with this trade as any other trades and try to find a good entry.
Hello all dear traders! For now, EUR/USD has managed to hold on to positive territory above 1.0750 despite retreating from the new multi-week high it set above 1.0800 earlier in the day. The US dollar struggles to find demand following weaker-than-expected NFP data which in turn supports EUR/USD's realization and distribution well. In this scenario we still...
The nearest support zone is in the green box, which can help to change the trend. If there is no support, the following numbers will be activated again.
hopefully if we can move from this level because we have a drop hard from 200.oo psy level so i am excepting it to move up a little
Hello Traders ! On Tuesday 30 April, The EURCHF Reached The Resistance Level (0.98115 - 0.98420). The Price Formed a Rising Wedge Pattern. Currently, The Higher Low is Broken ! So, I Predict a Bearish Move 📉. ------------ TARGET: 0.97030🎯