Crypto_Byte9

Crypto_Byte9 Updated 

Last week, I was expecting DXY to tap into the buy-side liquidity, which it accomplished on Monday. Consequently, I mostly stayed on the sidelines as it met my target. Looking forward to the coming week, considering DXY has taken out its February high and is currently trading within the monthly BPR and fair value gap and at the OTE (Optimal Trade Entry) level, my...

Crypto_Byte9 Updated 

Looks like CRYPTOCAP:BTC is gearing up to consolidate, forming a symmetrical triangle while RSI hints at hidden bullish divergence. 📈 Let's see how the probabilities play out! I'm on the bull side. #Bitcoin #Crypto #Bullish

Crypto_Byte9 Updated 

Navigating Market Dynamics: Anticipating Bullish Expansion and Managing Risk As anticipated last week, we witnessed a bullish expansion in DXY, aligning perfectly with our projections. Looking ahead to the coming week: #MarketAnalysis #BullishExpansion We've closed above the midpoint of Ifvg, signaling a potential upward trend. DXY is poised to absorb buy side...

Crypto_Byte9

Just tuned in to the CPooL USDT coin on KuCoin. Looks like it's on the brink of a breakout, promising a favorable risk-reward ratio. The current pattern seems to be shaping up as a bullish flag. If it breaks out from here, we might see it surge up to $0.60 as the first target, with $1 on the horizon. 📈💰 #$CPooL #KuCoin #cryptotrading #Bullish #breakout #target

Crypto_Byte9 Updated 

I was observing the bearish price action on DXY, and it's unfolding just as I anticipated. Last week, DXY breached a bearish PD array. Now, I'm shifting focus and expecting DXY to take some buy side liquidity in the upcoming days . I'd like to see DXY consolidate at this level on the chart today, forming a bullish fair value gap. Tomorrow, it should fill that...

Crypto_Byte9 Updated 

After consolidation, the DXY exhibited strength today. However, my analytical perspective suggests that this apparent rally is likely to be deceptive and will eventually diminish. Examining the charts, the price action signals a bearish outlook for the DXY. Primarily, the DXY takes out a high of the Non-Farm Payroll (NFP) period and is currently trading in...

Crypto_Byte9 Updated 

I'd like to #BTC hitting the 39K level for a potential favorable risk-reward setup for a short trade. Let's give it a try! #Bitcoin #TradingOpportunity

Crypto_Byte9 Updated 

I am currently observing the US100/Nasdaq on the 4-hour chart, and in my analysis, it appears that we are poised for a retracement lower. This week, there was a rejection from the weekly rejection block dated July 23, 2023, situated in the upper quadrant. 📉 There is a noteworthy weekly correlation with ES/US500 from August 28, 2023, to the present week. While...

Crypto_Byte9 Updated 

Bitcoin is currently situated at a crucial juncture, a point I've been anticipating for quite some time. Numerous bearish and retracement signals are emerging on the charts, encompassing traditional chart patterns, indicators, and ICT concepts. Let's delve into the details. In terms of traditional chart patterns, a rising wedge is currently forming on the 4-hour...

Crypto_Byte9 Updated 

As an investor in Altcoins, I find the total market cap concerning. Therefore, I've decided to book some profits and adopt a wait-and-see approach. I'll closely monitor the market's reaction to the Monthly Breaker level mentioned on the chart, as a bullish indication. If the market closes above the Breaker candle, I'll consider investing in small-cap coins with...

Crypto_Byte9 Updated 

Currently, I maintain a neutral view on EUR/USD as it appears that the major move has already transpired, and the possibility of consolidation exists. Additionally, there is significant news regarding war between Palestine and Israel, prompting a flight to safe-haven assets like the DXY or Gold. Notably, over the past few weeks, both the DXY and gold have been...

Crypto_Byte9 Updated 

Not my usual style, as I don't trust or trade classic chart patterns cuz i m in love with "ict concept", but the SP500's daily chart shows a classic head and shoulders pattern forming. Brace for a potential drop. What's your take? 📉📷#sp500 #indices #marketanalysis

Crypto_Byte9 Updated 

Last week, I expected the US Dollar Index (DXY) to decline to 106.011, a key area of interest, and then bounce. It did indeed bounce strongly, but faced resistance at 106.651. DXY needs to close above 106.651 on daily or 4-hour candles for its rally to continue. Once it does, we can expect DXY to target buy-side liquidity. However, I would now prefer to see DXY...

Crypto_Byte9 Updated 

This is what I'm observing on the Nasdaq using the daily time frame. The current area of interest coincides with a daily bearish sentiment, along with the Fibonacci retracement level at 62%. Let's see how this performs.

Crypto_Byte9

In the upcoming week, I'm eyeing early-week possibilities for a slight retracement in DXY Eventually, we may witness a breakthrough of the previous highs. As a result, my outlook for the upcoming week leans towards a risk-off scenario. My expectation is that the DXY could potentially touch key levels at 106.161 and 106.011 before embarking on an upward trajectory.

Crypto_Byte9 Updated 

Last week, the Euro (EUR) fell below its yearly low 2023 for the first time in several months, and retrace back breaking through the bearish premium discount trend during the NFP news release. This suggests that a retracement may be imminent. As seasonal tendency also align that there is potential retracement in Euro and Dxy I am currently monitoring the...

Crypto_Byte9

In-Depth Analysis of Bitcoin's Higher Time Frame When it comes to Bitcoin's higher time frame, my perspective leans towards a bearish outlook. In my analysis, it seems like we're witnessing a retracement rally, signaling potentially challenging times ahead for the cryptocurrency market. Waiting for Deviation from Higher Time Frame Bearish trend As someone who...

Crypto_Byte9 Updated 

In September, I had a bearish outlook for the Euro and successfully traded it, yielding over 250 pips in a month. The trade also provided numerous short-scalping opportunities as the Euro approached my higher timeframe target. October Euro outlook I still lean towards a bearish outlook for the Euro in October. I anticipate that the Euro may continue its downward...