Bitcoin FED Rate changes and efect on PA- UPDATE
So, after 3 previous Rate cuts, the FED decides to Hold station and Keep rates as they are currently.
This keeps Borrowing / repayment at the same level and as a result, the $ initially rose but soon lost all gains. Today, it is trying to come back.
Bitcoin, however, Jumped the gun and made nearly 4%.
As we can see from the last 3 years on the chart, Bitcoin itself has rarely been effected by the FED rate changes.
It Has been effected by the companies that Fell because of higher interest rates. ( Luna, 2 Aeeows and FTX )
And it began its recovery from that in Jan 2023 and has risen through it all ever since.
The 125 point rate rise from Jan 2023 did little to curb Bitcoins recovery
But now we have BTC as a Corporate asset and so, traditional aspect are beginning to take hold....
But I think that we see inflation rising again ( for what ever reason) and that the FED have haled Rate Cuts, this could lead to a surprise instore in Future FED Rate decisions.
What wold happen if they began increasing Rates ?
We will have to wait and see, Meanwhile, February could be a good month, March may get Bloody in finance.
Bitcoin will survive
BTCUSDT
Bitcoin Looks Shortable, But I’m Staying Out—Here’s WhyBitcoin ( CRYPTOCAP:BTC ) is presenting a textbook short setup. The composition on the 4-hour timeframe looks nearly perfect for a short trade, and for the day, one could craft a compelling shortable strategy. However, despite my analysis, I am making the rare decision not to enter this trade.
The short setup: a perfect storm?
From a technical standpoint, Bitcoin is flashing bearish signals. Momentum indicators are showing weakness, volume profiles suggest exhaustion, and key resistance levels seem to be holding. In a vacuum, this setup looks ideal for a profitable short position.
But trading isn’t just about technical analysis—it’s about understanding the broader market psychology and risk dynamics.
The risk of shorting bitcoin right now
The reason I’m sitting this one out is simple: betting against Bitcoin is like betting against the entire world.
1. The Supply Squeeze Effect – The long-term macro trend for BTC is that supply is constantly decreasing. With halvings reducing new issuance and institutions accumulating, the fundamental picture favors long-term scarcity.
2. Everyone Wants a Dip to Buy – Shorting BTC means betting that people won’t step in to buy the dip. However, history has shown time and time again that Bitcoin has a dedicated base of believers who aggressively accumulate whenever there’s weakness.
3. “No Bitcoin Left” Narrative – The idea that eventually there will be no more BTC available for easy purchase is gaining traction. In such an environment, shorting is not just risky—it’s dangerous.
Sometimes, the best trade is no trade
It’s frustrating to see a clear short setup and yet hold back from executing. But trading is not just about being right—it’s about managing risk. And in this case, the risk of being on the wrong side of Bitcoin’s long-term trajectory outweighs the short-term setup.
There’s an old saying: “The best trades are sometimes the ones you never make.” Today, this is one of those moments.
For now, I’ll watch from the sidelines. But if Bitcoin proves me wrong and drops anyway, I won’t have any regrets—I’ll just be reminded that in trading, discipline is more valuable than being right.
BTC / USDT : Confirmed breakout, Bullish momentum building upBTC/USDT: Confirmed Breakout, Bullish Momentum Building Up 🚀
Bitcoin (BTC/USDT) has officially broken above key resistance and is now in bullish price discovery mode 📈. With this confirmed breakout, BTC is poised for further upside, and the market sentiment is shifting in favor of the bulls. If momentum sustains, we could see a strong continuation towards higher price targets.
Key Insights:
1️⃣ Breakout Confirmed: BTC has successfully closed above the key resistance zone, turning it into new support. This signals a strong bullish trend continuation.
2️⃣ Volume Surge: The breakout was accompanied by a significant increase in buying volume, confirming the presence of strong demand 🔥.
3️⃣ Technical Indicators: RSI is holding above 60, and MACD is showing bullish crossover, reinforcing the uptrend ⚡.
What’s Next?
Retest Confirmation: A successful retest of the breakout level as support would further validate the bullish breakout 📊.
Upside Targets: If BTC holds this momentum, key resistance zones to watch are [ NYSE:X ] and [ TSX:Y ] 🎯.
Fakeout Risk: If BTC dips back below the breakout level, it could signal a false breakout, so caution is advised ⚠️.
Risk Management Tips:
✅ Set stop-loss levels below the breakout zone to protect capital.
✅ Adjust position sizing based on market volatility.
✅ Keep an eye on macro trends that could influence BTC’s movement.
BTC’s breakout is a significant signal for the market. Stay alert for confirmation signals and trade accordingly!
📢 This analysis is for educational purposes only and not financial advice. Always DYOR before making investment decisions.
Enjin Coin (ENJ) Analysis & Long-Term Investment Outlook!Current Market Overview
Current Price: ~$0.15
24H Range: $0.1389 - $0.1515
Volume: 16.37M
All-Time High (ATH): $4.5 (achieved in 2021)
Recent Trend: Bearish correction but approaching a key accumulation zone
Technical Analysis
1. Discount Zone & Accumulation Opportunity
The chart shows that ENJ is trading near its discount zone, an area where institutional and long-term investors look to accumulate before a potential reversal. This zone is typically considered undervalued, offering a strategic entry point.
2. Price Structure & Smart Money Concepts
Break of Structure (BOS): Multiple BOS signals indicate a strong bearish trend, but price is nearing a potential support level.
Change of Character (ChOCH): Some ChOCH signals suggest that the downtrend may be weakening, hinting at possible accumulation.
Equilibrium & Premium Zones: The price is far below the equilibrium and premium zones, reinforcing that it is at a historical discount for accumulation.
3. Moving Averages & Watson Envelope
The Watson Envelope (blue and red bands) suggests that price is near the lower bound, indicating a mean reversion could soon occur, leading to a potential bounce.
Fundamental Analysis & Catalysts
1. Enjin’s Utility & Real-World Adoption
Enjin Coin powers a blockchain gaming and NFT ecosystem, allowing developers to integrate digital assets into games, metaverse platforms, and virtual economies. Its real-world use case makes it attractive for long-term adoption.
2. Binance Supporting Network Upgrade (Positive News)
Binance has backed an Enjin Coin network upgrade (September 2024), signaling continuous development and network improvements.
This upgrade improves Enjin’s scalability, security, and NFT ecosystem, strengthening its long-term utility.
Binance’s support ensures liquidity and investor confidence.
3. Coinbase Delisting (Negative Impact in 2024)
In June 2024, Coinbase delisted ENJ, causing a short-term decline in liquidity and investor sentiment.
However, delisting from a single exchange does not impact the coin’s fundamental value.
Investment Potential & Price Prediction
Short-Term: Possible consolidation in the $0.12 - $0.18 range before a breakout.
Medium-Term (6-12 months): If accumulation holds, ENJ could target $0.30 - $0.50, testing previous resistance levels.
Long-Term (2+ years): If Enjin’s adoption continues and the crypto market recovers, a return to $1 - $2 is feasible, with ATH of $4.5 as a long-term target.
Investor Takeaway
✅ Bullish Factors
✔️ Trading at a discount near historical accumulation zones
✔️ Binance supporting network upgrade (strong ecosystem development)
✔️ Real-world use case in gaming & NFT sector
✔️ Market sentiment could shift as crypto recovers
❌ Bearish Risks
⚠️ Still in a downtrend, needs confirmation of trend reversal
⚠️ Coinbase delisting may impact liquidity & exposure
Final Thoughts
Enjin Coin is currently at a key accumulation level that offers an attractive opportunity for long-term investors. With strong fundamentals, upcoming network improvements, and historical price performance, ENJ has the potential to reclaim higher levels, possibly targeting $1+ in the next cycle.
If you’re looking for a high-risk, high-reward opportunity, this could be a great entry point. However, investors should watch for trend confirmation before going all in. 🚀
TOKENUSDT Reversal Incoming – Prime Accumulation Zone! 📉 Current Market Outlook:
TOKENUSDT is currently trading in the Discount Zone, signaling an optimal BUY opportunity for smart investors. The price is hovering near a weak low, indicating potential exhaustion of the downtrend.
📊 Key Technical Insights:
✅ Break of Structure (BOS) suggests a shift in momentum.
✅ Accumulation Phase in the discount zone – ideal for strategic entries.
✅ Target Zones:
🎯 Equilibrium Point (~$0.06 - $0.10)
🎯 Premium Zone (~$0.17 - $0.24)
🚀 The Game Plan:
🔹 Accumulate now while price is suppressed.
🔹 Expect a reversal rally towards $0.17 - $0.24 🚀.
🔹 Potential 5x - 7x gains in the coming months!
📢 Final Thoughts:
This is a golden chance to accumulate TOKENUSDT before the next parabolic move. With the right risk management, this setup offers high-reward potential for patient investors.
🟢 Smart Money Moves NOW – Will You? 💰💎
#Crypto #TOKENUSDT #Trading #Investment #Reversal
BTCUSDT update, Support and resistance!!Join our community and start your crypto journey today for:
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Let's analyze BTCUSDT :
Bitcoin (BTC) has exhibited strong momentum, particularly on weekly closing days, and is trading within a defined channel.
Looking back, on Monday, January 13th, BTC reached a low of $89,000. One week later, on Monday, January 20th, it surged to a new all-time high (ATH) of $109,599. More recently, on Monday, January 27th, BTC dipped to $98,000 from its ATH but quickly recovered from the support zone around $98,500. 50 EMA also supports this level on daily TF.
If BTC fails to hold this level and breaks down from the channel, immediate support would be $91.5k.
This recent price action has fueled anticipation of another new all-time high by next Monday. Currently, BTC is facing resistance at the $106,000 level, which also acts as a breakout zone on shorter timeframes. A daily close above this $106,000 resistance level could potentially trigger a rally toward the $120,000 mark.
Key Support Levels:
$98.5k
Key Resistance Level:
$106k
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
BTCUSDT | 4H | BE CAREFUL Dear friends,
For Bitcoin, the 97, 98, 102 thousand dollar levels are very important areas. I suggest you to be careful at these levels. I think these points can be dangerous; therefore, we need to observe these levels. ⚠️
Please be careful in advance, dear followers 📣
please don't forget to press the like button for more such analysis 🚀
Best Regards 🫡
BTC 1D Interval Chart ReviewHello everyone, I invite you to review the current situation on BTC. When we enter the one-day interval, we can see how the BTC price moved in the local downtrend channel, from which we got an exit at the top and currently we can see how the price is fighting to maintain the position above the previous channel, and as a result, it has created a new local uptrend line for us.
Here we can see how the current rebound brought the movement closer to the resistance at $ 105,300, and then a strong resistance zone is visible from $ 107,700 to around $ 110,000. Only when we leave this zone at the top will the price be able to continue towards the very strong resistance level at $ 113,400.
Looking the other way, we can see that when the trend reverses, we first have a support zone from $102,000 to $99,900, but if this zone is broken, we can see a quick return of the price to the area of the second very strong support zone from $94,470 to $90,450.
On the MACD indicator, we can observe a fight to maintain the local upward trend, while lower on the RSI indicator, we can see that the increase in price has given a dynamic movement on the indicator, but we still have room for the price to go to a higher level.
EHTUSDT DAILY :ROADMAPHello friendsو
As you can see in the chart, we can see another decline in Ethereum. The $2800 range could be very important for Ethereum and, consequently, other altcoins.
Hello friends
As you can see in the chart, we can see another decline in Ethereum. The $2800 range could be very important for Ethereum and, consequently, other altcoins.
SecondChanceCrypto
⏰ 29/Jan/25
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.
What I think trading is...
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost".
Have a nice day today.
-------------------------------------
Thank you @TradingBrokersView for the great article.
🚨 Bitcoin update! 🚨 BTC rejected at MA50 (4h) inside a Channel Down pattern. If history repeats, we could see a Lower Low at 95K (-10.7%), aligning with MA100 (1d) support. RSI (4h) is confirming bearish momentum.
🔥 Trading Plan: Sell now before further downside!
I was thinking about how to say it, and I came up with this idea.
Thank you again.
------------------------------------
#BTCUSDT 1M
As shown in the chart, it has risen a lot, so it is natural to feel downward pressure.
No one knows how big this downward pressure will be.
However, what I can tell you is the flow of funds.
To see a more detailed flow, you need to look at the gap occurrence status on the 1D chart, but when looking at the overall flow of funds, it is true that a lot of funds are flowing into the coin market.
Selling all of this inflow of funds means that you will not be able to overcome the volatility in the upcoming bull market and will rather increase the probability of suffering losses.
The reason is that the average purchase price is likely to be set too high and is likely to be located in the volatility range.
Therefore, you need to respond according to your investment style.
In other words, if your investment style is one that wants to trade quickly and urgently, a strategy that sells whenever it shows signs of falling would be appropriate to gain profits.
If not, if you have a longer-term outlook or trade mainly in spot transactions, I think it would be better to leave coins (tokens) corresponding to profits rather than selling all of them so that you can more easily purchase them in the future bull market.
Leaving a coin (token) corresponding to the profit means a coin (token) with a purchase principal of 0.
In other words, it means that when the price rises after purchase, the purchase principal is sold.
In that sense, when looking at the BTCUSDT 1M chart, you can see that the Fibonacci ratio point of 1.618 (89050.0) is a very important support and resistance area.
#BTCUSDT 1D
This volatility period is expected to continue until January 31.
Therefore, it is expected that the key will be whether there is support near 101947.24 after this volatility period.
If it falls without support near 101947.24, it is expected that the trend will be determined again by touching the M-Signal indicator on the 1W chart.
If you have been reading my ideas, you will understand that you should not try to create a trading strategy by analyzing charts.
As I mentioned earlier, you should create a trading strategy that suits your investment style with the information obtained from chart analysis.
That is why the opinion that it will fall now and sell everything can be interpreted differently by different people, so you need to be careful.
Some people are currently making profits and others are losing money.
Those who are making profits will have the luxury of waiting even if the price falls, and those who are losing money may be suffering from psychological pressure.
The information I am giving you is to provide information on how to respond to all of these people.
In that sense, you need to focus on the price that I am talking about, that is, the support and resistance points or sections.
If your average purchase price is below the support and resistance points or sections that I am talking about, you can check the downward trend and intensity and judge the situation.
If not, you need to create a response strategy based on how much cash you currently have.
If your current cash holding is less than 20% of your total investment and you feel unstable psychologically, it is a good idea to sell some of it to secure cash.
This will allow you to secure the ability to purchase more even if the price falls, so you will be able to secure a certain level of psychological stability even if the price falls.
I think trading is about responding to your investment style and psychological state in this way.
Therefore, you should calmly look at your current psychological state, check your cash holdings, and create a response strategy that suits your investment style.
This is the strategy I can tell you.
-
Thank you for reading to the end.
I hope you have a successful trade.
--------------------------------------------------
Bitcoin (BTC/USDT) Symmetrical Triangle Analysis: Next move?Bitcoin (BTC/USDT) 4H Chart Analysis
Key Observations:
1. Symmetrical Triangle Pattern:
The chart shows a symmetrical triangle formation, characterized by converging trendlines.
This pattern typically signals a breakout, but the direction (up or down) depends on market momentum.
2. Current Price Action:
BTC is trading around $102,979.98 at the time of the chart.
It is above the 200 EMA ($100,003.64), indicating bullish strength.
The price recently bounced off support and is moving towards resistance.
3. Support and Resistance Levels:
Support: Around $97,785.55 (blue line).
Resistance: Around $109,636.60 (blue line).
4. Potential Scenarios:
Bullish Breakout:
If BTC breaks above the upper trendline, it may rally towards $109,636.60 or higher.
A confirmed breakout could push BTC to $112,500+.
Bearish Breakdown:
If BTC rejects at resistance and breaks downward, it could retest the $100,000 level or lower.
A breakdown could target $97,785.55 or even $95,000.
Final Thoughts:
Watch for a breakout or breakdown from the triangle pattern.
Volume is crucial—a high-volume breakout confirms strength, while low volume can indicate a fakeout.
If BTC stays above $100,000 (200 EMA support), the bullish bias remains intact.
Bitcoin at a Crossroads: Breakout or Pullback?Hello, Traders!
After reaching new highs, Bitcoin is consolidating within the 92k-106k range.
BTC found strong support within the 89k-92k area and strong resistance at 104k-106k.
Key Levels to Watch:
📌 Bullish Scenario:
For Bitcoin to continue its uptrend, it must break above 106k and hold there with a confirmed daily close. Only then could we see a push toward new highs, possibly targeting 110k+ in the short term.
However, so far, BTC has failed to close a daily candle above 106k, with just upper wicks forming—indicating that sellers are taking profits at this level.
📌 Bearish Scenario:
If BTC fails to break 106k and faces rejection, we could see another retest of the 89k-92k support area.
A breakdown below 89k would shift market sentiment and could trigger a larger correction, possibly toward the 84k-86k zone.
📌 Monthly Close & Market Sentiment:
For BTC to close the monthly candle in green, it must hold above 93k.
Currently, this looks achievable, but volatility remains high, and any major shift in market sentiment could change the outlook.
What’s Next?
If BTC closes January in green, this would reinforce bullish momentum heading into February, increasing the likelihood of a continued uptrend.
However, failure to reclaim key levels could lead to more choppy price action in the near term.
🚀 Eyes on 106k—a breakout above could set the stage for new all-time highs!
🔻 Watch 92k support—losing it could mean deeper correction.
Please don’t forget to boost this idea and leave your comments below.
BTC/USDT 1H: Bulls Accumulating for a Breakout Toward $106K BTC/USDT 1H Chart Analysis
🚀 Follow me on TradingView if you respect our charts 📈 Everyday a new chart!
Current Market Structure:
Accumulation phase ongoing after recent drop.
Hidden Bullish Divergence: RSI showing higher lows while price consolidates at key demand zone.
Smart Money Activity:
Market makers accumulated heavily at $99K-$100K, positioning for markup.
Key Levels:
Entry Zone: $102,400 - $102,600
Targets:
T1: $103,800
T2: $105,200
T3: $106,400
Stop Loss: Below $101,800
Risk Score:
7/10 (favorable risk/reward with strong technical setup but watch for volatility).
Market Maker Intent:
Accumulation nearly complete, expecting breakout toward liquidity zones.
Volume profile confirms institutional interest at current levels.
Break above $103,800 confirms bullish continuation.
Recommendation:
Long positions favorable within $102,400-$102,600 range.
Monitor volume to confirm breakout momentum.
Maintain tight stops to protect against market volatility.
Confidence Level: 8/10 for bullish continuation.
🚀 Follow me on TradingView if you respect our charts 📈Everyday a new chart!
AUD/USD Resistance Rejection and Bearish OutlookAUD/USD represents the Australian Dollar against the US Dollar in the forex market. The current price is 0.62300, with a target price of 0.60000, indicating a bearish outlook. The expected price drop suggests a potential gain of 200+ pips if the trade moves as anticipated. The analysis is based on the support and resistance pattern, a key concept in technical trading. The price has reached a strong resistance level and is facing rejection, signaling selling pressure. A rejection at resistance often indicates a shift in momentum, leading to a possible downward move. Traders anticipate the price to decline toward the next support level at 0.60000. This setup suggests bearish dominance as long as resistance holds. If the price fails to break above resistance, further downside movement is likely. Proper risk management is crucial, as market conditions can change.
HelenP. I Bitcoin can drop from resistance level to $98K pointsHi folks today I'm prepared for you Bitcoin analytics. Some time ago, the price declined to the support level, which coincided with the support zone, and started to trades close. A few moments later, BTC rebounded to 100K points, after which made a correction back to the 93500 support level and even fell to the support zone. After this, the price turned around and started to grow to a resistance level. When BTC reached this level, it rebounded, dropped back to the support zone, and even lowered to 91K points. Then the price tried to grow, but failed and declined to the trend line. But soon, the price turned around and made a strong impulse up to the resistance level, which coincided with the resistance zone, broke this level, and continued to move up. Bitcoin reached a new ATH and then made a correction back to the resistance area, where it some time traded and a not long time ago reached the trend line, broke it, and dropped below the 102700 level, breaking it too. So, in my mind, BTCUSDT will reach a resistance level and then rebound down. For this case, I set my goal at 98K points. If you like my analytics you may support me with your like/comment ❤️
BTC_daily-view (where are we with fib view)This view is nothing to show specifically
just as FYI, where re we in terms of fib levels on the daily, and a few things i have spotted
to me this is an indication of "nothingness", so we need a driver
a driver like $ interest rate new approach, so we know, where is the money flowing, to the $ or Gold, thus then giving BTC the way (hopefully)
it is also near or pass the BTC bull "period", will the 351 day traditional bull period mark the end of BTC's upswing , or are the new players holding us firmly anchored.
LETS see
BTC / USDT:Approaching trendline resistance - A breakout ahead ?BTC/USDT: Approaching Trendline Resistance – A Breakout in Sight?
BTC/USDT is gearing up for a potential breakout 📈 as it approaches a key trendline resistance level 📊. The price has been consolidating, forming a strong setup for an explosive move 💥. If Bitcoin manages to break above this resistance, we could witness a significant bullish rally 🚀. Stay alert and wait for confirmation before making a move.
Key Insights:
1️⃣ Trendline Resistance: BTC/USDT is nearing a crucial trendline that has acted as a barrier in previous attempts. A successful breakout could mark the beginning of a strong uptrend.
2️⃣ Volume Surge: Watch for a noticeable increase in trading volume during the breakout, signaling strong buying momentum 🔥.
3️⃣ Bullish Indicators: RSI and MACD are showing bullish momentum ⚡, supporting the case for a breakout.
Steps to Confirm the Breakout:
✅ Look for a 4H or daily candle closing decisively above the trendline.
✅ A volume spike during the breakout will confirm strong buyer interest.
✅ A retest of the broken trendline as new support strengthens the breakout.
⚠️ Beware of fake breakouts—sharp rejections or wicks above the resistance level can indicate weakness.
Risk Management Strategies:
🔒 Use stop-loss orders to manage risk effectively.
🎯 Ensure position sizing aligns with your overall trading strategy.
This analysis is for educational purposes only and not financial advice. Always DYOR 🔍 before making investment decisions. Stay ready for the next big move!
MicroStrategy’s Make or Break MomentThe chart shows a breakdown from a descending wedge pattern, followed by a retest of the broken support turned resistance. A short position has been placed, anticipating further downside. The price is currently testing the retest zone, and rejection from this level could confirm continuation to the downside.
The stop-loss is strategically placed above 455.10, beyond a key resistance level, to minimize risk in case of a failed breakdown. The take-profit target is set near 224.56, aligning with a significant demand zone. The current price of 335.94 indicates minor volatility, but the structure suggests a potential bearish continuation if the price fails to reclaim the resistance zone.
If the breakdown holds, the next move could accelerate towards lower levels, making this a crucial moment for price confirmation. A reclaim of the resistance zone could invalidate the setup and trigger a short squeeze. The market’s reaction at this level will determine the next directional move.
Bitcoin’s Next Move: Long Setup or Deeper Correction Below $95K?As I expected , Bitcoin ( BINANCE:BTCUSDT ) continued to fall to the Support zone($101,280-$99,500) , and it even seems that it has broken .
Bitcoin is moving near the Support zone($101,280-$99,500) , a set of support lines , the 50_SMA(Daily) , and the Monthly Pivot Point .
According to the theory of Elliott waves , Bitcoin seems to have completed the main wave 3 and is completing the main wave 4 .
I expect Bitcoin to follow the Roadmap I outlined in my chart in the coming hours . Because Bitcoin is near the set of support parameters , I chose the label of this idea as LONG .
Note: Like the previous Mondays, the purchase MicroStrategy company continues buying Bitcoin=>"MicroStrategy Buys 10,107 Bitcoin For $1.1 Billion."
Note: If Bitcoin can touch $104,200, it will fill the CME Gap($105,500-$104,695) in the next step, and it is possible to form a new All-Time High(ATH).
Note: If Bitcoin goes below $95,000, we should expect more corrections from Bitcoin.
Has the main Correction of Bitcoin started!? Please share your ideas in the comments.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Is the EURNZD on a long-term rise?
Hi Dears
It seems like we are in a bullish move for the EURNZD pair.
We are in a channel or wedge pattern that is now in the middle of the channel and it looks like we should see the EUR rise against the New Zealand Dollar.
This is a long-term analysis. If you like my analysis, please support me by liking and commenting and introducing my page to your other friends.
BTCUSDT - UniverseMetta - Signal#BTCUSDT - UniverseMetta - Signal
D1 - Flat structure, the price can move to the lower border of the channel, for trading with large targets and understanding the direction, it is necessary to fix the price outside the borders.
H4 - A triangle was formed, after the impulse, a potential retest in the direction of the lower border can be formed. Stop behind the maximum on H4.
Entry: 102361.74
TP: 100539.59 - 97719.01 - 94274.41 -88583.32
Stop: 103460.01