Gold Spot / US DollarHey traders on GOLD we can see that we are approaching supply area, my weekly fundamentals are telling me that we could potentially have a reversal from this area.
Entry 2,414.000
SL 2,458.232
TP 2,175.000
This chart material is for educational purposes only / Demo account should be traded only
Analysis
Sei Network, $SEI Daily Chart of Sei/TetherUS*Chart shown above is Sei's historical price chart and past events embedded, including max ROI and distance from ATH.
#1 – Sei Network, TSXV:SEI - Weekly Chart of Near Protocol/TetherUS
❔ Overview
*Sei is a general-purpose, open-source Layer 1 blockchain specialized for the exchange of digital assets. Sei is one of the fastest blockchains in the industry, leveraging a novel consensus and technical breakthroughs.
Rank: #76
MarketCap: $1.25B
Sector: DEX, Layer 1, NFT
Network Compatibility: Cosmos and Sei
Top Markets - Binance and WhiteBIT
Year Founded: 2022
❓ ICO Details
•First ICO conducted last August 31, 2020, raising $45M
•Seed Sale price of 1 SEI = 0.005 USD
•Returns since first ICO: 79x
•Average ATH of $1.14 with max ROI of 228x, currently 66% from the ATH
Competitor: EURONEXT:ALGO at $1.30B
Major Competitor: CRYPTOCAP:ETH at $421B
Check them out!
Website - www.sei.io
Linktree - linktr.ee
(Nothing is FA and post is purely informational.)
Sharing this post is highly appreciated. 🫡
Safe trades! 👌
📮 July 21, 2024
EG likely see more downside to come!
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
More downside?To me seems likely.
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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BTC still looks good to head higher,still upside bias
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Last week mentioned about its bullishness...and it went up higher..this week at the current 67-68k might face some headwinds. But Clearing this should see more up side to last high at 72-ish!
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
Euraud needs clearing to go up
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Needs this current area to clear on daily timeframe before it can head higher,more bias on it to go up though.
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
USD - a potential turn around from current level..Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Could be seeing a reversal here, mixed 'feeling' on USD for now...haha
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
xauusdall time high once again created 2484, but market crashed and closed below our previous high, and continue fall yesterday. we got strong demand on 2478/2480, look at that area as shown on chart, market can bounce up to retest to supply zone. i am looking for a long from the area.
let me know what you all think. leave a comment.
|| SOLUSD || $200 INCOMING PART 2!The Sol price action has been extremely bullish today, as price has firmly Broken out of the pennant formation as discussed in my previous article. Although this move is bullish, there is still some way to go before we are able to see prices as high as $200, however, it is inevitable. In the following statements I will discuss my bullish perspective.
Double bottom formation: as seen using the Elliot wave indicator I have outlined the structure of a DB formation. This particular formation holds additional bullish sentiment based on the fact that it was formed leading to a tight squeeze of the larger time frame bullish pennant. This scenario generally tends to hold much greater likelihood of bullish movements to come.
My target for the double bottom is set at $180, which seems like an easy target considering market sentiment, however, price is currently resting between two key levels of support and resistance drawn using the fib retracement, 0.50 ($165) and my golden ratio of 0.618 ($175.50) and 0.65 ($178.34).
If we are able to hold strongly above the 165 level and even possibly retrace down to strengthen support at that level, the likelihood of success will increase. expect to see consolidation within this range prior to a breakout. Consolidation would be the healthier alternative to a clean break.
The lowest ill allow price action to move before shifting towards a bearish sentiment would be the fib 0.382 ($154.51) which is the base of the double bottom formation. A great stop loss area would be around the $150-152 range.
Zooming out to the pennant formation. In order to be more confident in the formation, price action would have to retrace wicking near the formations level of support turning to resistance for the breakout to be valid. If my projections are correct the validity of the pennant breakout will result in a move to roughly $226 as discussed in my previous article.
in conclusion watch for any moves between the 165 and 178 levels as that would roughly indicate a strong move in either direction, however, prices as low as 155 are still justifiable and arent bearish yet.
Thank you for reading this far, I hope you were able to get some insightful information to aid your pre-existing market analysis! Remember everything I say is NOT financial advice and should be taken with a grain of salt.
Silver (XAGUSD): From Rise to Expected Downturn—What's Next?Following a rapid rise to $30, silver has seen a swift decline, indicating a completion of the minor Wave (iii) of Wave ((iii)) just above the 461.8% level. We've exceeded this level, so we need to consider potential deviations from ideal models to navigate the market effectively.
We anticipate the downturn to continue and expect to find support between the 38.2% and 61.8% Fibonacci levels. This could set the stage for a rebound above the $30 mark, potentially reaching between $33.78 to a high of $46, although the upper range is quite optimistic.
Trading volume is expected to provide significant support, helping to sustain Wave (iv) within a price range of $26.32 to $24.65.
Sell EUR/CAD Channel BreakoutThe EUR/CAD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.4932, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.4880
2nd Support – 1.4853
Stop-Loss: To manage risk, place a stop-loss order above 1.4965. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you
Congrats!!! Gold Breakout played so well...Gold played out so good as we expected, gold broke the uptrend and started bearish rally and we are lucky that we caught the breakout, till now we have got 320 pips in few hours from a single trade, that was easy, and it also hit our 1st TP now you all who have followed this idea may close or hold the trade to the 2nd TP zone, and also set your trades to Breakeven for no risk at all, i have mentioned the 2nd TP zone which is quite wide so close when you feel like the profits you have earned is enough, and don't over trade...
XAUUSD i love manipulation!!! whats going on gold gang! lol what a crazy time to be alive
gold making all time highs and then BOOOOM fell out of the sky hard in london close session yesterday .. luckily we caught some of it .. all the way back down to retest the old all time high (something we talked about previously)
whats next?1
its alllll up in the air currently price very strong in asian session pushing us back into the middle of the range .. a retest of the trend to sell would normally be go to but that psychological 2500 still looms and people will be reaching for that ... need to see what london session brings to us!!
lets strap in
tommy
Bitcoin and altcoins overview(Jule 18-19)Yesterday, we started a local corrective movement in Bitcoin.
The entry into the support zone of $65,100-$64,600 did not result in a noticeable reaction, but as it went lower, the first signs of buyer defense appeared.
The situation is not so straightforward now; globally, of course, we expect the continuation of the long movement, but locally, if we cannot hold above in the near future, we can expect the formation of a balance within the volume profile framework.
Buyer zones: $61,700-$60,800 (pushing volume) $58,700-$65,200 (accumulated volume zone), $55,000-$53,900 (volume anomalies zone).
Sales zones: $68,700-$69,800 (volume anomalies), $70,500-$71,400 (accumulated volume).
Interesting altcoins.
Regarding the MAVIA coin, there is currently a lack of purchase effectiveness visible. For further upward movement development, it is necessary to test the important purchase zone of $2.54-$2.44, and if there is a reaction in this zone, we expect the resumption of purchases.
It is also possible to implement a speculative short idea targeting the designated volume zone if the upward movement develops from current prices. Scenarios are marked on the screenshot.
Watch out for Lagarde's comments todayThe ECB is delivering its interest rate decision today, however, most of the action could happen during the press conference. Keep your eyes on that!
FX_IDC:EURUSD EASYMARKETS:EURUSD
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Your Token of Choice, My Analysis (18/7/2024) ElvianElvy
So it's this time of the week again, hope this help you in your trading!
Full credit to @pejman_zwin for photo
These are the conditions for the post due to time constrain.
CONDITIONS
As an example, write Bitcoin(BTC) in the comment.
Project name: Bitcoin
Token symbol: BTC
Max of 20 token/project will be analyzed and shared (IF I have the time, I'll do extra so try your luck.)
Each person gets 1 analysis request in the comment section. (I don't have time to do multiple)
Your token analysis will be shared below your comment.
END OF CONDITIONS
Hope you'll enjoy my analysis, happy trading!
Your Token of Choice, My Analysis (18/7/2024) ElvianElvy
So it's this time of the week again, hope this help you in your trading!
Full credit to @pejman_zwin for photo
These are the conditions for the post due to time constrain.
CONDITIONS
As an example, write Bitcoin(BTC) in the comment.
Project name: Bitcoin
Token symbol: BTC
Max of 20 token/project will be analyzed and shared (IF I have the time, I'll do extra so try your luck.)
Each person gets 1 analysis request in the comment section. (I don't have time to do multiple)
Your token analysis will be shared below your comment.
END OF CONDITIONS
Hope you'll enjoy my analysis, happy trading!