Hi guys! 👋🏻 🔔 $71400 is a static barrier for $BTC. The resistance which #Bitcoin is yet to break. Bitcoin is lacking liquidity to overcome that resistance, thus I'm waiting for the continuation of a correction. 🔔 Any bullish sign will be only above the aforesaid resistance or when #BTC completes the double top pattern and withholds the support at $60800. 🔔...
Hi guys! 👋🏻 🔔 Highstreet has been recovering after a slide to its historic lows. The metaverse has recovered after several notable partnerships and looks to continue its progress in partnering with Web2 corporations. 🔔 RSI, MACD and this rising wedge signal an upcoming slide towards the next support at $3.8 - $3.5. Watch these levels closely. 🔔 The cup is...
Hi guys! 👋🏻 🔔I'm following this scenario for Ethereum. There is a squeeze, so expecting a high volatility soon. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
Hi guys! 👋🏻 🔔 Solana is forming a falling Wedge and waiting for a breakout to reach the targets 🔔 New Ethereum - Solana bridge which is an EVM on Solana coming, so expecting a high impact of this product on both blockchains. 🔔 Falling wedge is a sign for a trend reversal. Breakout will signal for an uptrend in this case. ✊🏻 Good luck with your trades! ✊🏻 If...
Hi guys! 👋🏻 🔔 Gold hit $1670 today after the release of NFP and negative employment data. China’s plan to resume flights could bolster weakening of the US Dollar and support the continuation of this bullish run. 🔔 XAUUSD made an important test and a breakout from the dynamic resistance of March 2022. The $1615 - $1617 support level withheld a downtrend pressure...
Hi guys! 👋🏻 🔔 Brent crude price was squeezed in a descending triangle, and a breakout from the triangle was expected, so it happened as seen on the chart 🔔 Brent crude price is traded at $91 trying to hit the key resistance of $91.60 up ahead. 🔔 I do anticipate the price to slow down a bit when reaching the aforementioned resistance, however the path to $101...
Hi guys! 👋🏻 🔔 Surprisingly low US inventories data supported a short-term uptrend of Brent crude, comforting the price to hit $90 this week. 🔔 OPEC+ meeting scheduled on October 5 will be on the watch, as the cartel suggest a production cut of 100,00 barrels per day (bpd). 🔔 Brent once again retested the upper edge of the descending triangle, although the...
Hi guys! 👋🏻 🔔 Saudi Arabia refused to increase oil production requested by President Biden. However the strong US Dollar and uncertainties in Chinese economy hold Crude oil prices from a stronger hike. Market will be watching the relaunch of Nord Stream 1 this Thursday which will have a massive impact on DXY, energy sector commodities. 🔔 As for the technical...
Hi guys! 👋🏻 🔔 Two possible scenarios on EURUSD 🔔 First is the drop to 1.05 and a bounce back to levels near 1.06 🔔 The second is a drop to 1.04 after closing below the 1.05 support. 🔔 Mind the RSI divergence shown on the chart ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
Hi guys! 👋🏻 🔔 The FED's rate hikes announcements are not the only factors which weaken the DXY 🔔 GB retails sales and German PPI beat the forecasts today and gave these two pairs a smooth boost. 🔔 US had a negative home sales and jobless claims data announced yesterday. Petrol prices hit records, yet FOMC Chairman noted that to beat the inflation the FED will...
Hi guys! 👋🏻 🔔 Gold has retested the dynamic support of August 21 (dashed line) and is now forming a wedge pattern. 🔔 There are multiple strong resistances which obstacle XAUUSD from going higher, such are 1942 and 1960. 🔔 But as it seem from the current setup, if #Gold remains above this support, it will most likely break those resistances and climb back to...
Hi guys! 👋🏻 🔔 In my last analysis I pointed out that Bitcoin will most likely retrace to retest the dynamic support, so it did. 🔔 The support withheld although lacking volume and bullish pace. 🔔 Both MACD and RSI seem bullish, so hopefully we will see a jump to 48000 and 49000. 🔔 If breaks below this support, then I'm afraid it will continue the downfall to...
Hi guys! 👋🏻 🔔 There is a strong resistance being tested by Bitcoin right now. 🔔 BTC will most likely drop to $37350 if doesn't break above this resistance. 🔔 There are strong dynamic and static supports on $37350 which should support the next jump to $49900 to complete this parallel channel pattern, which hopefully won't turn out to be a flag pattern. 🔔 $48K...
Hi guys! 👋🏻 🔔 Conflicts, military operations, sanctions, COVID seem to be the headlines of 2022 🔔 The bursts of conflicts globally looks so intense that they might be the main drivers of oil prices. 🔔 I really don't think that EU will embargo Russian oil but if they really do, BRENT will hop to $160 easy, which according to the chart here is very possible. 🔔...
Hi guys! 👋🏻 🔔 Seems like oil restrained from the further downtrend. 🔔 Brent recently touched 100MA and an important dynamic support 🔔 MACD also signals an uptrend continuation of oil prices. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
Hi guys! 👋🏻 🔔 Bitcoin has formed a parallel channel on a daily chart, strictly following its borders. 🔔 The last two uptrend moves have an identical angle and length, I just drew one and copy pasted to the second = identical. 🔔 With that being said we could anticipate another uptrend move as Bitcoin tested the lower edge of the parallel channel. And if that...
Hi guys! 👋🏻 🔔 I believe the impulse is very high and the Australian Dollar will continue upwards. The track for the #DXY will be set by important economic data today and tomorrow, especially the #NFP - non-farm payrolls. 🔔 Russian Ministry of Finance this week declared the start of Gold purchases starting February 7, might effect the Gold price. The current...
Hi guys! 👋🏻 🔔 Brent Oil is completing the 5-wave expanding diagonal pattern on a weekly chart 🔔 There is a high divergence between RSI and price. Hence I believe oil prices will go down, Brent down to $72-70 ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.