this is very tricky and I'm not sure but it seems like FED and HedgeFunds are playing big trap game.
It's more than clear that this token is no longer in downtrend and it's began its uptrend by forming a higher low at 42 cents and building up a great support at that mark.
FX:XAUUSD has been breaking through ATH and testing 2450 since the opening of the session. Possible reasons could be fundamentally weak dollar, as well as geopolitical reasons related to Iran Earlier we defined exactly the end of the correction, the intermediate bottom at that moment was the area of 2300 and since that moment the price has overcome the way of...
BTC - Trading in bullish pennant !! Break out ! (Bears rekt)
It hit an important demand and then breakout from a trigger line. If it returns to the green range, we can look for buy/long positions. The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save...
Let's take a look at the technical anylasis for XAUUSD shared a chart for the reference
CTXUSD is exhibiting a classic Cup and Handle formation. The price has successfully achieved a breakout above the setup's neckline and is holding firmly above this level. If there is a pullback towards the neckline area, it would present an excellent buying opportunity. Alternatively, we can dollar-cost average (DCA) into positions towards the neckline zone, as...
FX:USDCHF is forming a false breakdown of range support and uptrend, which opens the market to buy potential. CHF is weakening stronger than the dollar and this could support the uptrend. On D1, the price tested the MA-50 ascending average with a false breakdown, as well as a strong support area at 0.900. Liquidity capture and candlestick set-up form the price...
What doesn't make sense to me is that during this range of almost 2 months, there was clear accumulation throughout the range as shown via OBV, however price is diverging? To my knowledge shorts have been suppressing the price down, and I believe this could be a catalyst to send price. Like a charged and fully loaded spring, its just a matter of time before it...
BINANCE:BTCUSD , after a shake-up (False Breakout), relative to the liquidity zone of 59-60K, is forming a bullish impulse, which is also favorably influenced by fundamental reasons On the local timeframe there are signs of the end of the locational correction and the beginning of the formation of the third wave. The bullish trend is starting to revive, but...
price is forming a resistance at the top of that level which can hold price and likely lead to a pullback to the trendlines below
USDJPY Breaks their last HH, we open the instant trade entry at that point and put their stop loss at last lh
EGX30 Technical Analysis and Trading Recommendations for Short Term & Medium-Term Traders: Analysis Summary: - The EGX30 index has shown three consecutive green Heikin Ashi candles with long wicks indicating potential bullish momentum. - The index is currently below the Kumo cloud, with the Chikou Span pointing upwards, suggesting further upward potential. - A...
My opinion is bearish, but in the long term, it will take some time
Today is a special day because there are many major events that have happened and are about to happen, especially in geopolitics. Each event is of heavy weight and may trigger a major global chain reaction anytime and anywhere. People have to beware of and Notice From an international financial perspective, the death of the Iranian president will undoubtedly be...
NASDAQ:NFLX Thesis- Netflix was trading in a 6 day range below a key resistance level. Friday it appeared to attempt to breakout. Today I was willing to take NFLX calls at 620.84 and adding to my position at 622.99. I was extremely confident that above 623 we would trade up to 630 and 633.54. Entry- I entered on the 5m higher low at 950ET. This was a high...
Nvidia earnings around the corner are we going to make another ATH in Spy! Will Nvidia get us there, I think so GPU 50 series release Rumors more Cloud Technology added in GPU's!! What else could you ask for in an AI boom!! $1039 price target for Nvidia
There is a cascade of levels ahead - we might see a small impulse, but on the daily chart, the coin has already moved significantly, so I don't expect a strong move. I've marked the targets and will enter after confirmation.