BTC possible downtrend targets?This is my calculations for bitcoin in a possible downtrend. Example: 74000 / 100 = 740 √ 740 = 27.2 27.2 - 2 = 25.2 (2=360' , 4=720' , ....) 25.2 x 25.2 = 63500 First support as shown from the top by arvine110
Possible move to the upside soonKaspa is currently going to the upside in the short time frame...we are having a short Retracements due to bitcoin price action. 11.60/11.28 prices are areas of support you want to look at as we can most likely see a reactions from these levels leading as to continue going to the upside or continue by josh8900
Understanding the Technical Bullish OutlookTechnical analysis of gold also shows bullish prospects. Gold prices have charted an ascending widening wedge pattern since 2016, starting from a low of $1124.30. This pattern is often recognized for its expanding trend lines and suggests increasing volatility and bullish sentiment as price makes hiShortby MrTrongVo1
USDJPY | $50 Billion Interventions Wasted? | 13-17/5/2024The published minutes of the BoJ meeting show that most board members took a “hawkish” stance, calling for a rate hike. However, many analysts believe that the Bank of Japan will take only one such step in the second half of the year. Technical Analysis USD/JPY rally is set to continue, as momeLongby EasyTradingOnline1
GBPUSD | Pound Remains Under Pressure | 13-17/5/2024 the Bank of England’s (BoE) Monetary Policy Committee maintained the interest rate at 5.25%, the highest in 16 years. Economists polled by Reuters mostly expected borrowing costs to remain unchanged, with a committee vote ratio of 8 to 1. However, the vote was 7 to 2. During discussions, two commitShortby EasyTradingOnline1
NZDUSD sell setupNZDUSD is in a downward trend channel. This suggests that the New Zealand dollar is weaker than the US dollar. Price has recently showed some rejection at the top of the channel therefore we are looking to sell. The Take Profits target should be 0.58807 .We will set our Stop Loss at 0.60400 to maShortby LeoDante_FX0
EURUSD | Await Interest Rate Decision From FED and ECB | 13-17/5Throughout the past week, EUR/USD exhibited mixed dynamics, primarily driven by expectations concerning potential interest rate cuts by the US Federal Reserve (Fed) and the European Central Bank (ECB). Statements by officials from both central banks, as well as economic macro-statistics, either heigLongby EasyTradingOnline1
Potential bullish bounce off pullback support?XRP/USD is falling towards a support level which acts as a pullback support that aligns with the 100% Fibonacci projection and could potentially bounce from this level to our take profit. Entry: 0.4747 Why we like it: There is a pullback support level which lines up with the 100% Fibonacci projectiLongby VantageMarkets0
Gold Potential further pullback before next bullish upward bouncFXOPEN:XAUUSD Monday opening session is hovering around the 2358 price level. As no bullish attempts to be seen so far, it opens the door for a deeper pullback that can ping the 2352 before a new upside target in the 2390 price area. A stable breakout of 2364 resistance will negate this pullback.Longby parisseine1
WHAT ARE REAL WORLD ASSETS (RWA)?Just 3-5 years ago, the concept of "real assets" was clear-cut - physical items that could be owned such as stocks, gold, and currency. On the other hand, "derivatives" referred to intangible assets like swaps, options, and CFDs that allowed for profit-making. However, the emergence of cryptocurrencEducationby Lingrid116