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USDX- SELL strategy 3-D chartthe best way to look at charts, is using the USDX chart to look at the overall expectation of expected movement of the market. Looking at current election state, and the overall viewpoint (or rather the probability of winner) Trump seems to be the likely based expected outcome judging the probabilities. This is not to say, what really will happen, and surprises are always there. The USDX is for me a kind of mirror reflecting the potential outcome, and if we look at some analysts, when Republicans win, the USD weakens, and if Democrats, the opposite should be the case. Currently, we have an overbought USDX and anywhere between 104.50 -105.00 a SELL is likely the best strategy. I feel we will test 103.40 area and we may see 102.25 as a low in the coming weeks. Strategy SELL @ 104.40-104.80 and take profit first @ 103.45 and if broken, SELL below 103.10 and take profit 102.20. I feel TRUMP is the winner, hence a lower USD is likely the case.
PEPPERSTONE:USDXShort
by peterbokma
Bitcoin Update !! Bitcoin recently tested strong resistance around the $72,000 - $73,000 level, indicated by the orange line. However, it could not break through, and there are signs of a potential pullback. The red arrow suggests a possible retracement. If Bitcoin fails to regain momentum above this resistance, we could see a correction towards lower support levels, with the $64,000 - $66,000 range as an immediate target. Bitcoin continues to trade within the descending channel. The channel's lower trendline could serve as support in case of a further pullback, while the upper boundary remains a significant resistance. The chart shows the moving averages, with Bitcoin currently positioned above the midline support, which may offer some stabilization if prices pull back. Watch for any clear breakout or sustained rejection around the resistance level to confirm the next trend direction. Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed. You can DM us for information on any other coin. @Peter_CSAdmin
Long
by CryptoSanders9563
BTCUSDT Bitcoin is currently trading around $69,754 on a 4-hour chart, showing signs of consolidation within a sideways range between approximately $68,649 and $70,080. After a recent rally, the price seems to be stabilizing as it tests its moving averages. Key Observations: Consolidation Zone: Bitcoin is moving within a purple box range, suggesting indecision in the market as traders await the next direction. Moving Average Support: The 50-period (yellow) and 20-period (gray) moving averages provide dynamic support levels. A break below these could indicate increased bearish momentum. Potential Breakdown: If Bitcoin fails to sustain its position within this range, there’s a likelihood of a downward move targeting the next major support at $66,100.
by Sanhara
BITCOIN LONGTERM UPDATESWe see the clear of the previous highs! Now expecting it to clear again before it will rip lower for a new demand. This is only for my view, for longterm still a bullish. In charts as of now looks bearish. If youre a holder then no need to take actions. buy more if the streets is on scary. Im expecting a downfall or downward momentum after the previous high clear. 40-35k? just and analysis and prediction. this is not a financial advice either. Not doing anything. once the price breaks above. wait for a good momentum downturn for a massive sell. Trade it or own it. Follow for more.
CME:BTC1!Long
by D1GITALTRADES
GOLD UPDATES MOMENTUM AHEADHello fellow traders, were back on. after the ascending channel, price corrects and clear the high. RUn liquidity for 30$ moves upside, then price has momentum on going back to its trendline. Im expecting a price to clear the previous corrections. First might get the OB then manipulate below. The higher targets would be the previous high! THis is not a financial advice. Follow for more. chart invalid if the friday highs break next week. For more detailed charts keep following.
TVC:GOLDLong
by D1GITALTRADES