Today we will look at the well-known cryptocurrency - Monero. If you compare Monero chart with the charts of other cryptocurrencies, you can observe one absolutely fundamental difference. What is that?
Monero is currently at its peak since the March declines. If you look at other cryptocurrencies, for example, DeFi projects have generally fallen by...
This is my view on the British Pound/US Dollar from a weekly perspective.
I feel as though the tide is changing for the Sterling, FINALLY. The #1 indicator that'll never fail you is Price Action itself, and since we know this I'll share my thoughts as to why I believe it'll eventually head further up.
Confluence (3 or more):
1. GBP had bottomed out, but...
Good Morning Traders!
Upon analyzing Gold, I found a few different possible scenarios for future price movements. This sentiment aims toward Gold being bullish. Gold failed to continue bearish movements under the 4HR Zone. (1885.00- 1890.00. Which prompted loss of Bearish volatility, & a bullish reversal. If Gold closes above the lower 4 HR Trend Support...
ASX:AXE Archer Materials Limited is a materials technology company developing materials in quantum computing, biotechnology, and lithium-ion batteries, and exploring for minerals in Australia. The Company has strong intellectual property, broad-scope mineral tenements, world-class in-house expertise, a unique materials inventory, and access to over $300 million of...
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This is an update on the previous Daily setup shared a few weeks ago.
NZDCAD reversed and broke the S&R zone and ascending trendline impulsively in wave i.
According to Elliot Wave theory, impulse move is always followed by a three-wave correction. In NZDCAD's case, the short-term rally is currently taking...
USDJPY is making lower high and lower low. But if you go to daily or weekly time frame, it is currently at very important support zone.
But before looking for reversal we can enter a short position.
There is multiple supporting confluences for short position.
#1 previous support zone into resistance
#2 trend line
#3 Fib Retracement
Use risk management when...