There are several factors that could contribute to a sharp increase in the value of the US dollar in the future: Strong economy: If the US economy is doing well compared to other economies, it can boost confidence in the US dollar and attract investors. Strong GDP growth, low unemployment, high investment and innovation may be factors contributing to increased...
What do you think about it? can this growth ever fall? And what will replace gold? My answer is yes gold can lose value, and its price can drop rapidly. Gold is a commodity that has a value based on market supply and demand. There are several factors that can affect the price of gold: Economic factors: Economic conditions, inflation, interest rates and monetary...
"Over the past days, the TRX cryptocurrency has been steadily constructing what appeared to be a promising bullish triangle pattern. This technical formation, characterized by its converging trendlines and diminishing price volatility, had ignited anticipation among traders for a potential upward surge in value. However, recent market developments have shifted...
Hello friends, I don't know what the condition of BTC will be and whether we will really test lower levels and GAP around 22-20k, however if so I expect something similar with API3. It's clean, SL above breakout and profit in two parts + be patient. Of course, I'll explain the situation you described in English. An ascending triangle is a technical analysis...
In the current scenario, where SOL/USDT (Solana against USDT) is forming a "bull flag" pattern, there has been observed a positive price movement that suggests a potential increase to the range between 27 and 28 dollars per SOL. The bull flag pattern is typically seen as a continuation pattern within the existing trend, which in this case could be an ongoing...
Overall, the events of the last few days in the Bitcoin market have been significant enough to warrant attention and analysis. A breakout from ascending traingle to the $25,480 and subsequent price behavior against trend lines and technical patterns could be a key factor in Bitcoin's future price direction. Hammer as a technical signal can bring other interesting...
Hello friends, I was unfortunately blocked yesterday =D so after some exasperation I am sharing this today. A trend line that traces the price's growth so far has its own strength and importance. It is currently around the 28400+ level. However, there is another way of looking at the matter. The parallel band that stretches around the 27400 level is also quite...
Elliott Waves: Key to Understanding Markets and Price Movements EW concept that has become a pivotal tool in the realm of technical analysis of financial markets and price movements. This theory, named after its creator Ralph Nelson Elliott, aims to uncover recurring patterns in market behavior and establish a structured framework for predicting future price...
ETH game plan in the event of a bear scenario until the end of the year until March 2024 including targets, if this was an ascending triangle and I measure it correctly, we break the long-term trend line and go to test lower values below it, a little panic is needed before the next bullrun that is, on the assumption that the bearish scenario will continue more...
hello friends, so I'm still waiting for BNB around 150 usd, how are you doing?
The description of the WOO network project itself does not provide specific information about the reasons why the value of this native token could increase.
Look at that volume of COTI and some information here about it COTI has designed a new block-less and miner-less blockchain. It solves the scalability issue of cryptocurencies and makes bitcoin look archaeic. COTI is a new block-less blockchain that removes miners. It is labelled ‘PayPal for the crypto world'. COTI has architected a new blockchain based on a DAG...
Volume plays a crucial role in trading cryptocurrencies and other financial markets. Volume refers to the number of assets bought or sold during a specific period of time. It's a key indicator of liquidity and investor interest in the market. Here's how volume works, how it can influence price, and what it can tell us before it happens: Function of...
Is the price of cryptocurrencies still controlled by supply and demand, or are exchange offices just generating money by liquidating ordinary people who believe in cryptocurrencies? After a significant increase in volume in the previous weeks, Bitcoin's price continued to rise even as the volume dropped by 20%. This situation could potentially indicate an...
As the development of Web3 unfolds, there are several reasons why Bitcoin's value could potentially decline significantly, even reaching as low as $1 Regulatory Uncertainty: If Web3 becomes subject to heightened regulatory intervention, uncertainty about the future of cryptocurrencies and their usage might arise. This could erode investor trust and negatively...
How are you friends? Are you bullish are you expecting another big boom and BTC around 135k USD? or, on the contrary, do you expect that the whole bubble has burst long ago, retail is buying like life and only whales are drawing money from it for their luxurious life? Let me know, I'm curious about your opinion if all those people who bought BTC around 60k and...
I hope I'm wrong, if not I want to buy a lot of ETH below $500, happy trading and hope for some comments.
Just a little closer, why do I think it will go down, if it doesn't recover and go back into the triangle then it's a big bad