✅As I shared with you in previous posts, Bitcoin attacked the 🟢 Support zone($69,000-$67,800) 🟢 two times. 🏃♂️Bitcoin is moving in the 🟢 Support zone($69,000-$67,800) 🟢 and near the Support line . 🔔Based on Market Cap USDT Dominance% (USDT.D%) conditions, I expect Bitcoin to rise to $70,200 at most and then attack the Support line . The Rising Wedge...
🏃♂️ Gold is moving near the Support line . 🌊According to Elliott's wave theory , Gold is completing microwave 4 of the main wave 5 . 🔔I expect Gold to rise to at least 🟡 Potential Reversal Zone(PRZ)($2,320-$2,280) 🟡. Gold Analyze ( XAUUSD ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to...
Multiple time frame analysis for Gold. Price action & important key levels. Trading recommendations. Potential scenarios. ❤️Please, support my work with like, thank you!❤️
Let's delve into analyzing this currency pair for trading in futures in the forex market. 📉📊 In the daily timeframe, we're within a long-term box, and currently, we've lifted off from the box's floor, even surpassing the midline, heading towards the box's ceiling. 🏗️💹 On the 4-hour timeframe, we're also witnessing an upward trend, reaching the resistance at...
Consolidation in bull flag keep an eye on breakout or breakdown. Will long on breakout and retest short on breakdown with confirmation.
Salesforce more than doubled between late 2022 and early 2024. But now some traders may think the provider of marketing software is stalling. The first pattern on today’s chart is the November 2021 high of $311.75. CRM rallied above that level on March 1 but couldn’t stay there. Such a failed breakout is a potentially bearish reversal pattern. Second is a trend...
Entered this one yesterday on the break of the trend line. Targeting the 50% retrace. Normal SL Management.
This analysis examines the recent price action of BINANCE:AXSUSDT AXS, focusing on the symmetrical triangle pattern and its potential breakout scenarios. 📉🔺Parabolic Move and Symmetrical Triangle: AXS experienced a parabolic price surge and subsequently entered a symmetrical triangle pattern. This pattern indicates a period of consolidation and uncertainty...
Trading Plan for Tuesday, April 2nd, 2024 Market Sentiment: Cautious, tactical trading within a range, price discovery in the context of a strong uptrend. Weekly Volatility Risk: High (price discovery in a new zone, potential chop) Supports to Watch: Immediate Supports: 5294, 5286 (major), 5278-80 (major), 5274, 5267 (major), 5262, 5256, 5249, 5243-46...
I haven't posted on TV since Dec 2022 as I've been posting elsewhere (check my profile) but I'll begin duplicating some of my calls here and continue if I gather a decent audience here I'm annoyingly accurate and can see things in the market that nobody else can so at this point if you aren't following me here you basically hate money Some very notable calls in...
This could be descending channel forming. BTC need higher high now to avoid bear div on 12hrs SRSI. If not, new lower low is in the cards. This is too many "if" but just keep in mind and be extra careful with long positions since most of alts follow BTC correction. Good luck traders!
EURCHF is trading in a strong bullish trend on a daily. After the pair set a new higher high, it retraced to a solid rising trend line. Analyzing the reaction of the price to that, I spotted a double bottom pattern on a 4H time frame. With the release of CHF/EU fundamentals this morning, the pair successfully violated its neckline. We can expect a bullish...
Similar situation to January: we had BTC trading in a range for a few weeks, then briefly breaking below support, with people calling for targets in low 30K, which turned out to be a fakeout, and a new swing trade bottom. Look for BTC to bottom in the yellow circle early next week. Additionally, let's see if the blue channel I drew is valid. Price touching the...
Hello to all our subscribers. Please share your personal opinions in the comments. We ask for your support through likes and subscriptions. With the yen continuing its weakness against the dollar, the market is closely watching for any additional measures from the Japanese authorities following their previous verbal intervention. If the weakness persists until...
FX:XAUUSD has been reaching 2265 since the open. The price is moving out of the ascending price channel, which indicates a strong bull market. But, there is a huge imbalance area forming below, which can be liquidated before further growth. The dollar is also strengthening and the market is waiting for bullish news on the index today. In this case it may give...
FX:EURUSD is not going to change the global trend yet, continuing to break support zones with the aim of further declines on the back of the dollar index growth. The dollar index is preparing to strengthen further. The price is breaking the trend, which is generally negative for the currency pair. Today the market is waiting for PMI. In general, the data is...
Im seeing a potiential sell position on this pair. continua to the trend trade safely trader ernest
A line below the price channel is an important support in case of breaking the $0.50010 support