CRYPTOCAP:BTC.D BINANCE:BTCUSDT There are two scenarios for the start of a bullish rally in altcoins. Scenario 1: If Dominance fails to break above the 53.35 level, it will move towards the bottom of the pitch-fork. In that case, we will have a short but relatively intense and exciting rally in altcoins. Second scenario: With Dominance stabilizing...
After the news appeared, without any surprise, gold rose, so I chose to close all short orders before the news. What needs to be done next is to wait for a new top to appear, continue to short gold, and there will be more profits in the future. If you currently hold short selling orders in your account and are losing money, join me as soon as possible to help...
Spot gold hit a new all-time high of $2,222 in early Asian trading, before falling back slightly to around $2,200. This rally was supported by the Federal Reserve's expectation of maintaining three interest rate cuts. A slight decline in the dollar and U.S. Treasury yields pushed gold prices to record highs. As interest rates fall, the opportunity cost of...
Silver experienced what I would call a healthy pull back because it hits the upper trendline and came down. My bias is still LONG in the long-term but holds no position until price breaks out or reassess when it hits the lower trendline.
Dear friends, gold is currently in a volatile correction. The lowest point of gold has been corrected to around 2162, and compared with the highest point near 2222, it has corrected 60 US dollars. So will gold continue to fall? In fact, according to the current trend pattern of gold, gold is most likely to continue its shock adjustment and not fall all at...
Qnt is currently in a downtrend, so I will trade in line with the trend and take a short position.
AUDUSD looks bullish to me, after a Powell Speech. The price nicely respected a rising trend line on a daily, breaking an upper boundary of a horizontal range on an hourly time frame. I bought the pair and expect growth to 0.655 ❤️Please, support my work with like, thank you!❤️
Trading Plan for Friday, March 22nd, 2024 Market Sentiment: Cautious, watching key support levels Weekly Volatility Risk: High Supports to Watch: Immediate Supports: 5302 (major), 5298, 5286, 5282-79 (major), 5275, 5257, 5246-49 (major), 5236 (major), 5231, 5225, 5218 (major), 5212, 5208 (major), 5203, 5191-94 (major), 5179, 5169-71 (major), 5162, 5153-55...
Happy Nowruz! 🎉🌟 Let's analyze this popular forex pair together. 📈🔍💼 Currently, after an uptrend in the daily timeframe, we have reached one of the most significant resistances in this currency pair.📦💡 The line at 151.750 is the most crucial resistance at the moment in the weekly timeframe, and after breaking this resistance, the possibility of starting another...
Still very much like this longterm. I'm not a fundamental trader but it seems as though all the fundamentals line up - so will be looking for us to get picked up by a stronger buying continuation algorithm. Ideally magenta. Happy Trading :)
Haven't updated this in a while - i've been holding long calls throughout this strong movement. Will look for the next breakout of orange tapered but expecting some resistance there ($51 level) where we can see price falling out of purple and finding blue continuation support. Will update as we get there Happy Trading :)
Open a short position in XAUUSD 2199-2211 TP1 2147 TP2 2080 TP3 2057
Pivot 80.70 Our preference Long positions above 80.70 with targets at 81.50 & 81.90 in extension. Alternative scenario Below 80.70 look for further downside with 80.40 & 80.00 as targets. Comment The break above 80.70 is a positive signal that has opened a path to 81.50. Supports and resistances 82.15 81.90 81.50 81.13 Last 80.70 80.40 80.00 Number...
After the latest market session and subsequent FOMC meeting, where a dovish tone was perceived due to the announcement of future rate cuts, the U.S. Dollar Index (DXY) is demonstrating an interesting technical picture. While the CPI remains high, signaling continued inflation concerns, the DXY's response has been somewhat paradoxical, showing strength instead of...
In light of the last market session's revelations and the Federal Reserve's announcement of future rate cuts, albeit cautious in their application due to persistent inflation, the GBP/USD pair has displayed significant resilience. This robustness could be attributed to the anticipated USD weakness. Technical analysis: The GBP/USD has recently approached a...
ALGOUSDT downtrend broken, potential move in coming monhs +120%
Cameco is approaching 2007 highs. Will we see a correction to $32 or will it hit $56 immediately? I would like to remind you that the sentiment on the uranium market is getting better.
We are considering the scenario of price movement for LINK. The asset is in an uptrend. From the perspective of volume profile and participant transactions, the price is being pushed upwards. Currently, after reaching a local maximum at $22.845, the asset has started a correction, and its price has decreased by more than 27%. Additionally, amidst the BTC...