We recently saw the AMEX:SPY index falling very fast and aggressively to the correction territory. The level found support around the 4950s. After all the events like Earnings, one day down, the other day up, and both very aggressive, plus the Fed meeting, also with a wild rollercoaster. At the end of the day the index found support above the 4950. Which is good...
I mean its crazy to think of selling Bitcoin But think of it its been Pumped to all time new highs investors would likely take profit to enter(buy) at cheaper price
NZDUSD is looking bearish in HTF 1. Conditional Scoring: Bearish sentiment is derived from expectations of deteriorating economic conditions in New Zealand relative to the US. 2. COT-FILP: Bearishness is based on speculative positioning in the futures market, where traders anticipate a decline in the NZDUSD exchange rate. 3. Seasonal Patterns: Bearishness...
#Bitcoin Log Regression 👀 The orange line, as in the previous cycle, offers strong resistance. 💡I think CRYPTOCAP:BTC will stay at the current mark for another month. After that, we go to the correction, most likely it will not be a deep correction, but rather a consolidation. This is indicated by overbought and seasonality. ⛏️ And also the capitulation of...
Looking at the 1W time frame of the Bitcoin Dominance (BTC.D) chart, it looks like it's time for the market to transition from being primarily Bitcoin-dominated to altcoin-dominated. We've seen the writing on the wall with Bitcoin making headline after headline regarding United States Spot ETFs or the halving event. Now that the majority of investors are sucked...
The GameFi sector, a fusion of gaming and decentralized finance (DeFi), has emerged as one of the most promising areas within the cryptocurrency landscape. This sector has gained significant traction in recent years, attracting both gamers and investors seeking exposure to innovative blockchain-based applications. What is GameFi? GameFi revolutionizes...
Daily Target met post NY open and Crude oil news. Drop mic. Just imagine you had the skill or someone to guide you where price is going? You have the model... you just need direction.. we all struggle at one point on the bias esp intra day which needs a trader to be dynamic in his/her thoughts even when price is going against them intra day. Daily/Weekly are...
$NG1 PEPPERSTONE:NATGAS #NaturalGas is now testing a 33 years old wedge for a bit more than 12 times. Any close below 1.50 causes a free fall, however, there is a descending lower channel wedge extending since 2009 around 1$.
There are no animals or humans that have six fingers to my knowledge unless by accidental anomaly. For that reason I think it's only natural to see the price of Jasmy going up. On the image it is easy to see the image in the chart. Based on where BTC is headed it wouldn't make sense to see the price drop.
So we are on the Daily Not moving with much drive and lets say... obvious direction when it comes to day to day bias (Overall Bearish) I am ONLY focusing on PDH and PDL as targets today with any signal to buy or sell into the market being in a discount before I place a trade. Range day - yes To consider that Thursday's have seen good movement on Oil recently so...
Bitcoin Halving: A Comprehensive Overview and Its Impact on the Market Bitcoin halving, an event that occurs every 210,000 blocks (approximately every four years), reduces the reward for miners who validate transactions and add new blocks to the blockchain by 50%. This mechanism is designed to control inflation and maintain the finite supply of Bitcoin, which...
Bounce in weekly demand zone. Target 4,80 in daily supply zone. Also a reverse head&shoulder pattern forming on 4H chart Buy!
Update plan gold 2024- 2025 Gold's daily line has been broken, but we should not rush to sell gold right now because it is facing quite strong demand. I believe that this factor will help gold recover to 2390-2400, then we will sell off gold at higher prices. Normally, gold will peak in early May, this we need to consider further in the case of a sweep. old peak...
Update plan with Tesla Tesla stock has touched the daily line which is good support, however you need to consider taking partial profits when the price hits the price holding zone that is eventually broken down which is also the horizontal resistance level. In case the price continues to break out of that horizontal range, we will continue to hold the order. On...
Egyptian Pound seems to be stable till the end of 2024 then a potential fallout to be $0.01 which means a $1=100EGP by the first of the year 2025 , unless a US dollar funds could be pushed to the Egyptian economy from the gulf then the fallout for the Egyptian pound will be delayed and will sustain till Mar 2026 , another notice that the falling pivot points...
So we have achieved one target for price and that was to reach the Daily V.i and so far London has rejected going higher... Would like to see price head down post 0930est My target is still 80.50 just waiting for price to align with my thoughts is what is most important before pressing the button. At minimum PDL would be a bearish target I don't see why we would...
Summary #SPX is approaching a key level where it may make a decision to bounce or break lower. A zone ranging between 4800 : 4920 "highlighted" will determine the upcoming short term trend.
after 4 hr sweep from Saturdays highs, we have market structure shift on lower timeframe so we enter once liquidity has swept targeting valid lows of liquidity below. today sets the trend for the upcoming week!!!