$Bitcoin #CME 1D chart; The gap formed by the opening last week has not yet been filled. I think the rise will not start before this place is filled. The Bat Harmonic structure, which is also formed in the current structure, points us to $ 47k levels. It is difficult to say anything clear if it will come true. However, we should not forget that this possibility...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. US500 has been overall bullish trading within the rising channel marked in red. This week, US500 is in a correction phase and it is currently retesting the lower red trendline. 📈As long as the last low marked in red holds, we expect a bullish continuation. 📉 In parallel, if...
DXY is rising towards the resistance zone which the price has been bouncing off multiple times before the breakout occurred. A reversal from the level could lead the price to fall to the downside.
Technical Weekly Analysis: US30 (Dow Jones Industrial Average) A Short Outlook on the Previous Movement: The US30 has experienced a strong bullish trend, characterized by an ascending trend line that began around early 2023. The price saw significant gains until it reached a resistance level near 40,970.0, where it faced some consolidation and pullbacks....
Hey Guys, the Quarterly and Yearly Chart are Bullish. The Monthly is showing 5 waves - could mean that some traders are willing to take some profits because they expect an ABC - Wave Correction from here. However, a Fifth Wave extension is not that unlikely because the third has not been extended. in simple words: We might see a bit of a correction - or we...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 MRNA has been overall bullish , trading above the trendline marked in blue. Currently, MRNA is undergoing a correction phase in the shape of a falling channel. Moreover, it is retesting massive support zone in green. 🏹 Thus, the highlighted blue circle is a strong area...
Technical Analysis: US30 The price trend for US30 is currently bullish, targeting 39,050 as long as it remains above 38,790. There is also the possibility of a price correction down to 38,790. Bullish Scenario: As long as the price trades above 38,790, it will likely push up to 39,050. Bearish Scenario: If the price breaks below the support level at...
manage to grab a scalp during London session but the bigger move came in NY session. Price is still indecisive and not showing what direction it wants to go just yet. Just have to sit on hands for now. Waiting for london session to see if things change.
Correlation between US CPI data and Bitcoin price in the following period since Nov '23: 14 Nov '23: CPI -0.5% > BTC +22.59% 12 Dec '23: CPI -0.1% > BTC + 16.29% 11 Jan '24: CPI +0.3% > BTC -17.36% 13 Feb '24: CPI -0.3% > BTC +45.84% 12 Mar '24: CPI +0.1% > BTC -15.68% 10 Apr '24: CPI +0.3% > BTC -18.21% 15 May '24: CPI -0.1% > BTC +17.38% (for now) 12...
Technical Analysis The price dropped by approximately 1.30%, as mentioned in the previous analysis. Currently, the price will trade between 18,435 and 18,550 until a breakout occurs. Bearish Scenario: Stability below 18,435 will likely lead to a drop towards 18,250. Bullish Scenario: The price must break above 18,550 and stabilize to reach 18,650 and...
Price is falling towards a support level which is an overlap support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 38,606.09 Why we like it: There is an overlap support level which lines up with the 61.8% Fibonacci retracement. Stop loss: 38,120.14 Why we like it: There is a pullback support level...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 DXY has been overall bullish trading within the rising channel marked in red. Currently, it is undergoing a correction phase, and approaching the lower bound of the channel. Moreover, it is retesting a strong demand zone highlighted in orange. 🏹 Thus, the highlighted...
Hello TradingView Family / Fellow Traders, As per my last analysis, shown in the attached chart, ETH rejected the $3000 round number and surged by over 20%. What's next? 📈As long as the $3500 round number holds, we expect a continuation towards the previous all-time high of around $4800. 📚 Always follow your trading plan regarding entry, risk management, and...
On Yesterday News DXY has broken our 4h Trendline and has formed a Bullish Divergence. Considering today's News we can expect a restest of our trendline and then fall to the downside.
Simple trading - Heads and shoulder BTCUSD is dropping below the 1hr heads and shoulder pattern. 2 things will play out here, 1. BTC will continue to drop to target @60k or retest the previous resistance @62k then drop to the 60k level. 2. BTC will reject the head and shoulders pattern and regain bullish strength back up to 64k **If BTC fails to remain...
For now it is to watch and let effect take as to what will happen. We don't predict the market but we forecast from signs of the market and we build ideas on that, then according to our plans we set out to make the most we can. Hear we have different highs and probably why the sell off has not began. But we know that we are in a correction of a bearish leg. This...
Hello Traders In This Chart XTIUSD HOURLY Forex Forecast By FOREX PLANET today XTIUSD analysis 👆 🟢This Chart includes_ (XTIUSD market update) 🟢What is The Next Opportunity on XTIUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello Traders In This Chart XTIUSD HOURLY Forex Forecast By FOREX PLANET today XTIUSD analysis 👆 🟢This Chart includes_ (XTIUSD market update) 🟢What is The Next Opportunity on XTIUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...