The Ethereum (ETH) to Bitcoin (BTC) ratio has been on a downward spiral, recently dipping to 0.046 – a level last witnessed in April 2021 and briefly revisited in April 2024. This significant decline underscores Ethereum's current challenges in maintaining its position against Bitcoin's ever-growing dominance within the cryptocurrency market. Over the past year,...
We are in a bearish broadening ascending wedge, if it doesn't hold 60k, the next target is the 48k-52k range and from there we can aim for a retest of the previous all-time high. With recent meme stocks mania, people are losing interest in crypto. the other fuel for the drop is the bearish economic state and no interest rate cut, I think it's very probable that...
Trade setup : Bullish breakout from a Channel Down pattern could signal near-term bullish trend reversal with +10% upside to $0.52 (200-day moving average). Stop Loss (SL) at $0.43. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Pattern : Price was trading in a Channel Down ...
Upon reaching an upper order pool in a downward trend an opportunity for a short position has emerged.
The British pound (GBP) took a tumble today after the release of disappointing UK employment data, fueling speculation of a potential interest rate cut by the Bank of England (BoE) in June. The data revealed a rise in unemployment for the second month running. March saw the jobless rate reach 4.3%, surpassing the previous month's reading of 4.2% and confirming...
A trend following system uses a moving average as the main tool to generate trading signals for a system trader; the moving average is like the holy grail of technical analysis, together with the RSI. The moving average that is active on this Solana chart is ema100; blue line on the chart. Notice how Solana (SOLUSD) becomes bullish September 2023 as soon as it...
🔥 A lot of traders still wait for 12k per Bitcoin, but me and my partners, Members of Community and AM clients bought BTC at $17k and now we are in huge profit. What we used for it and why it's so easy to use this aproach even for a NEWBIE? Watch the video to the end and I will reveal this SECRET ❗️ 🎁 Check my trading ideas for the altcoins that are still at...
The Australian dollar has posted gains on Tuesday. AUD/USD is up 0.19%, trading at 0.6620 in the North American session at the time of writing. Australia’s wage growth for the first quarter is expected to remain unchanged. Wages rose 4.2% in the fourth quarter of 2023, the highest since 2009, with most categories showing increases. On a quarterly basis, wage...
Rational for bullish sentiment: After a full week of sideway consolidation price broke the high and had a bullish run; this makes the most recent trend bullish for which we had a 61.8 candle body retracement. We broke out of a small consolidation box and retested May 14th, 2024 Entered at 2350 w/ 190 pip SL accounting for Gold large range I will take partials...
Looks like US30 is bouncing off the midnight open line and will continue in its bullish pattern. Good opportunity for going long
Some what bullish on HGTY, has some potential for long term
Follow the trajectory. Will be a money-maker! This stock will Regain its Previous High. It is Forming a basing Pattern so many Successful stocks lay out before going on to Astounding heights. (There is also a chance that they will beat estimates, due to easy comp's and expectations.)
I am taking a contrarian view and bagholding rune... never been more bullish in my life. Love the negative sentiment I am seeing these days. This is not financial advice I have 0 idea what rune does
OSMO is making new lows... this may be good... for who likes to DCA into a falling knife (joking) or may be pretty bad (investors lost confidence) As we may know... if binance has not decided to get rid of a coin.. they still support the project (in some way or another). Targets are versus BTC pair. This may the bottom. We shall see !
IQ is ready to make at least 10x, make your research and you will see why. THIS IS NOT A FINANCIAL ADIVICE, PLEASE INVEST AT YOUR OWN RISK
Caxton (CAT) is a South African printer and publisher. This company is at the heart of the displacement of hard copy by digital and it is adjusting by reducing costs and trying to move across to digital platforms. But there has been a steady erosion of advertising revenue and even before COVID-19, the purchase of magazines has been in decline. In its results for...