TFUEL/USDT May-2024Those who joined us on our last TFUEL trade saw us buy in at four cents and exit at the peak! Ready for the next step? Here’s our straightforward plan:
Time to regather your TFUEL and prepare to take profits as mapped on the chart!
Remember, trading success lies in simplicity and smart money management. Stay sharp and focused!
Cryptomarket
Bitcoin : Buy on Channel BreakoutTrading Setup:
We already bought Bitcoin lower
In this chart :https://www.tradingview.com/chart/BTCUSDT/ymGko1Do-Bitcoin-will-70k-be-seen-again/
Now we are waiting for new market announcements to show the appropriate reaction
Since (the market should not be predicted), then in the case of rising signs, in the right conditions, reward to risk, etc., we buy double time frames.
And if signs of decline appear, based on futures market strategies, we will open sales transactions
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
Bitcoin: will 70k be seen again ?Trading Setup:
A Trading Signal is seen in the BTCUSDT Bitcoin (4h) (futures)
Traders can open their Sell Trades NOW
⬆️Buy now or Buy on 58400.0
⭕️SL @ 54400.0
🔵TP1 @ 66600.0
🔵TP2 @ 70000.0
🔵TP3 @ 77000.0
#cryptosignal #Crypto
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
BTCUSD - LONG TERM PROJECTIONThis is my current outlook on BTC.
I believe that BTC is currently at a premium price and to go any higher, price needs to be cheaper for more buyers to come in. As this is a very volatile asset, i expect a lot of profit taking in the coming weeks.
"May fortune attend thee, and thy trade prosper." .......L2Earned
Gold: the price has rejection important resistanceTrading Setup:
There is a Trading Signal to Sell in Gold XAUUSD 1h
Traders can open their Sell Trades NOW
⬇️Sell Now or Sell on 2467.4
⭕️SL@ 2479.4
🔵TP1@ 2441.5
🔵TP2@ 2411.5
🔵TP3@ 2361.0
#Signal #forexsignal
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
Aug.6-Aug.12(ETH)Weekly market recapCrypto market lose power after rebound. BTC had a significant decline for a period of time after the ETF was announced. But after 15 days, sufficient liquidity brought an increase that repaired the decline. It has been two weeks since the ETH ETF was listed. After excluding the impact of grayscale, we have seen that traditional funds are also flowing into the ETH ETF.
CPI data for July will be released on Wednesday. We believe that if CPI falls further, it will give risk assets such as BTC and US stocks an upward momentum. We do not believe that the recession started on August 2, when the employment data was released. Therefore, if the CPI data falls further, the market will not panic about recession, and will price further interest rate cuts.
We believe that a large amount of spot ETH being staked will increase volatility. When ETH is dumped, the volatility does amplify, but it is far less than other tokens during the rebound. This is not a good phenomenon. As we mentioned above, the ETH ETF has been listed for two weeks, and there is every reason to believe that the sell the news phenomenon is over. The bulls' performance has been disappointing.
Like BTC, we saw the emergence of whales when ETH dumped. The whale disappears after a day and does not continue to participate in trading. Judging from the ME indicator, ETH has entered a bearish trend, and the wavy area has further widened.
To sum up, we believe that ETH will remain fluctuating this week, and the probability of falling is greater than rising. We maintain our original resistance level 2800 and support level 2400.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Aug.6-Aug.12(BTC)Weekly market recapCrypto market lose power after rebound. BTC had a significant decline for a period of time after the ETF was announced. But after 15 days, sufficient liquidity brought an increase that repaired the decline. It has been two weeks since the ETH ETF was listed. After excluding the impact of grayscale, we have seen that traditional funds are also flowing into the ETH ETF.
CPI data for July will be released on Wednesday. We believe that if CPI falls further, it will give risk assets such as BTC and US stocks an upward momentum. We do not believe that the recession started on August 2, when the employment data was released. Therefore, if the CPI data falls further, the market will not panic about recession, and will price further interest rate cuts.
BTC rebounded last week, with bulls beginning to fade after hitting 62000. Although we question the idea of a recession. But the earlier dump really broke the calm. At larger levels, the power of bears has increased. Judging from the indicators, a large number of whales participated in the transaction of BTC after the dump, which is also the main reason for the price increase. However, after the weekend, the whales gradually disappeared. On the ME indicator, the long-term fluctuation narrowed the wavy area. Currently under a bearish signal.
In summary, we believe that if the CPI data is within expectations, BTC may fluctuate this week. We raise the resistance level 62000 and maintain the original support level 52500.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Sui: Has the upward movement in SUIUSDT started?Trading Setup:
A Trading Signal is seen in the SUIUSDT Sui (h4) (futures)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.864
⭕️SL @ 0.740
🔵TP1 @ 1.315
🔵TP2 @ 1.704
🔵TP3 @ 2.168
#cryptosignal #Crypto
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
Comparing Different Financial MarketsComparing Different Financial Markets
In trading, understanding the types of international financial markets is crucial. This article offers a comprehensive market comparison of the stock, forex, commodity, crypto* and bond arenas. You’ll learn the importance of these financial markets and what it takes to navigate each one effectively.
Stock Market
The stock market is a financial marketplace where traders and investors can buy and sell shares of publicly traded companies. By purchasing a stock, an investor essentially owns a slice of the company, and their investment's value moves in tandem with the company's performance.
- Risk: Stocks can be volatile, subject to market sentiment, economic indicators, and company performance. Risk varies widely among different types of stocks.
- Income Potential: Day traders aim for short-term gains, while long-term investors often seek stocks that offer dividends or high growth potential.
- Knowledge: A solid understanding of market trends, company fundamentals, and technical indicators is beneficial for effective trading.
- Liquidity: Most stocks, especially those listed on major exchanges, have high liquidity, allowing for quick entry and exit.
- Costs and Fees: Costs can include brokerage commissions, although many online platforms now offer zero-commission trading.
- Trading Hours: Generally restricted to weekdays, opening and closing at set times, with after-hours trading being possible but less liquid.
Forex Market
The forex market is the global marketplace for buying and selling currencies. Traders pair two currencies, like EUR/USD, and profit from the fluctuations in exchange rates.
- Risk: Forex trading can be highly volatile and is considered riskier than stock trading, influenced by geopolitical events, interest rates, and economic data.
- Income Potential: High leverage can amplify gains but also increase risk. Many traders seek to profit from short-term fluctuations.
- Knowledge: Understanding of macroeconomic indicators, geopolitical events, and technical analysis can be crucial for success.
- Liquidity: Extremely high, given the 24/5 operation of the Forex market.
- Costs and Fees: Typically lower than other markets, often involving spreads rather than direct commissions.
- Trading Hours: Operates 24 hours a day, five days a week, allowing for flexibility in trading times.
Commodity Market
The commodity market is one of the types of international financial markets where physical or virtual assets like gold, oil, or agricultural products are traded. These markets often act as a gauge for supply and demand conditions globally.
- Risk: Commodities can be quite volatile, influenced by global events, natural disasters, and political instability. Traders often hedge against other market risks by investing in commodities.
- Income Potential: Gains can be substantial but are also subject to dramatic shifts based on the factors mentioned above.
- Knowledge: Understanding of global economic indicators, supply and demand factors, and geopolitical events is critical.
- Liquidity: Varies widely depending on the commodity; for example, gold and oil are highly liquid.
- Costs and Fees: This can include brokerage commissions, futures contract fees, and costs associated with physical storage for some commodities.
- Trading Hours: Vary by commodity and exchange, but many have extended hours due to global demand.
Cryptocurrency Market*
The cryptocurrency market is a decentralised digital asset market that includes cryptocurrencies like Bitcoin, Ethereum, and various tokens. It's the newest and one of the most rapidly evolving financial markets.
- Risk: Extremely volatile, with prices subject to rapid fluctuations, sometimes within minutes. Regulatory concerns add another layer of risk.
- Income Potential: High potential for both short-term and long-term gains, but also significant risk of loss.
- Knowledge: Understanding of blockchain technology, market sentiment, and technical analysis is often crucial. Familiarity with regulation is also beneficial.
- Liquidity: Generally high for well-known cryptocurrencies but can be low for lesser-known tokens and coins.
- Costs and Fees: Vary by platform and may include transaction fees, deposit/withdrawal fees, and "gas" fees for certain types of transactions.
- Trading Hours: Operates 24/7, allowing for ongoing trading and the chance to react to market news or events.
You can head over to FXOpen's free TickTrader platform to explore the above-mentioned markets for CFD trading in real-time.
Bond Market
The bond market is a segment of the financial market where debt securities are issued and traded. Unlike the stock market, which is a part of the capital market, the bond market focuses on long-term debt instruments. This highlights the difference between capital markets and financial markets.
- Risk: Generally considered lower risk compared to stocks and commodities, although risk can vary depending on the issuer's creditworthiness.
- Income Potential: Lower yield compared to more volatile markets, but often offers more stable returns through interest payments.
- Knowledge: Understanding of interest rates, yield curves, and credit ratings is essential for bond trading.
- Liquidity: Varies depending on the type of bond; government bonds are usually highly liquid, while corporate bonds can be less so.
- Costs and Fees: Transaction costs are generally built into the bond's price, but some brokers may charge commissions.
- Trading Hours: Primarily traded over-the-counter (OTC), with some bonds available on exchanges. Trading hours can vary but are generally regular business hours.
The Bottom Line
In summary, the diverse features of financial markets offer traders a range of opportunities, from stocks and commodities to cryptocurrencies* and bonds. Armed with this knowledge, you're now equipped to navigate the markets with confidence. Want to put these insights into action? Consider opening an FXOpen account to kickstart your trading adventure.
*At FXOpen UK and FXOpen AU, Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under FCA Rules and Professional clients under ASIC Rules, respectively. They are not available for trading by Retail clients.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Phemex Analysis #14: ETH - What's Next? PHEMEX:ETHUSDT.P recently breached its $2800 support level before rebounding to the $2700 range. This significant drop has transformed the previously supportive $2800 level into a formidable resistance barrier, currently preventing further upward momentum. Unlike Bitcoin, which experienced a notable price surge following the launch of its ETF, Ethereum's ETF has thus far failed to ignite a similar rally.
Given the current market dynamics, several potential price trajectories for ETH emerge:
Bullish Scenario
A decisive breakout above the $2800 resistance could signal renewed bullish sentiment. However, substantial selling pressure is anticipated at the $3300 and $3600 levels, which could hinder sustained upward movement. Without a catalyst such as significant positive news or a broader market uptrend, overcoming these resistance zones will be challenging.
Bearish Outlook
Alternatively, ETH might undergo a downward correction, potentially retesting the $2000 support level. This level could serve as a consolidation area before a potential rebound. If bearish pressure intensifies, a breakdown below $2000 to the $1800 level cannot be ruled out, though such a scenario warrants caution.
Range-bound Movement
A more likely scenario involves ETH consolidating between the $2500 and $2800 levels. This sideways price action can offer opportunities for range-bound trading strategies, such as the use of Neutral Grid bots. However, implementing stop-loss orders at both $2500 and $2800 is crucial to manage risk effectively. For investors seeking more pronounced price movements, adopting a wait-and-see approach until a clear directional bias emerges may be prudent.
Ultimately, the future trajectory of ETH will depend on a confluence of factors, including overall market sentiment, investor behavior, and the impact of regulatory developments.
Note: Pulse is offering $500 PULSE to all new Phemex users. Sign up for Pulse quickly!
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
$HBAR | Allocation | Market Exec |Technical Confluences:
- Price action has bounced off a Support trendline and is in the range of a Demand Zone
- Price action is also close to an all-time low
Fundamental Confluences:
- HBAR is a Layer 1 blockchain which has potential for further adoption
- Recently in April, there was a big spike in CRYPTOCAP:HBAR price after an announcement that blockchain firms Archax and Ownera tokenized BlackRock's ICS UST Funds on Hedera
- Blackrock came out and clear the air that they are not involved with Hedera; the 2 firms were the ones who were involved in tokenizing it
- Although it is not a direct involvement by BlackRock, it gave HBAR Foundation alot of attention (potential moving forward)
________________________________
With the above fundamentals, I will allocate my first tranche of HBAR allocation for my Long-Term portfolio. I may trade on this pair with a tight SL level if it breaks below the Red Line shown.
Likely to hold onto this pair at least till it reaches the 161% Fibo Extension Supply Zone.
Remember, DYOR.
________________________________
Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated!
If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies.
If you want something analyzed, do drop me a DM. :D
________________________________
Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. DYOR.
BTC Recovery: Targeting 65K Next?GM crypto bro's, this morning, the fear and greed index has risen to 31 (fear) after dipping into the extreme fear zone yesterday. The stoch RSI also shows a slight increase.
Overall, today’s outlook for BTC remains similar. The 58K target has been visited, and the next target is in the 65K area.
But keep in mind, the market is dynamic—don’t get caught up in FOMO, stay safe, keep calm, and always remember that anything can happen in the crypto market.
Always manage your risks, and as always, that’s all for today’s crypto update. I’m Akki, signing off. Have a nice day.
Silver: has an upward sign in the long and mid termTrading Setup:
A Trading Signal is seen in the XAGUSD Silver
Traders can open their Buy Trades NOW
⬆️ Buy Now or buy on 27.06
⭕️SL @ 25.9
🔵TP1 @ 30.59
🔵TP2 @ 32.24
🔵TP3 @ 34.90
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
A Guide on How to Stay on the Right Side of Market RiskStaying on the right side of the market is the only thing that matters in investing. The goal is simple: be long the things that go up and avoid the things that go down. Although this sounds straightforward, investors often focus too much on the upside potential and forget about the downside. In reality, avoiding the downside is by far the most important factor that will have the biggest impact on your total returns. This is because a -50% loss will always require a +100% gain just to break even.
Step 1: Follow the Trend
The most effective method to stay on the right side of the market is by following the trend, primarily through moving averages. The two most common types are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). The EMA assigns more weight to recent price movements, making it more responsive and effective for signalling the start of a downtrend, while the SMA offers a clearer view of the longer-term trend.
The simplest way to construct a trend-following indicator is to combine a short-term EMA with a long-term EMA. A buying signal is triggered when the short-term EMA crosses above the long-term EMA, and a selling signal is triggered when it crosses below. This systematic approach ensures clear and actionable signals.
Optimizing this strategy involves backtesting various EMA combinations to strike a balance between minimal trading frequency, lowest maximum drawdown, and highest profit factor. It’s also crucial to select assets that have historically adhered to trends, as these are more likely to continue doing so.
Assets that typically adhere to trends, such as cryptocurrencies, fiat currencies, commodities, and tech stocks, are often driven by speculative or uncertain future expectations. By incorporating a longer-term SMA and adding a safety margin to the calculation, you can help minimize false signals from the EMAs.
It’s advisable to compare asset performance not only against the USD pair but also against the safest investable asset in the selected asset class. This comparison helps determine if the additional risk is worth taking.
Step 2: Draw the Lines
Trend-following strategies are effective only with a clear market trend. Without it, prices may exhibit range-bound movements and generate false signals. Drawing trend lines and identifying horizontal support and resistance levels are crucial for enhancing the accuracy of these signals. The most reliable entry points typically follow a confirmed breakout from these lines, with older lines often indicating more significant breakouts.
When drawing trend lines, it’s crucial to use both normal and logarithmic chart scales. The most reliable trend lines appear consistent across these scales, with a breakout observed on both further confirming the trend.
Additionally, identifying reliable patterns like head and shoulders, inverse head and shoulders or double tops and bottoms can further validate trend breakouts. TradingView’s pattern recognition tools can automate this process and provide price targets, which can be helpful but are not always guaranteed.
Step 3: Understand the Macro
Following current macroeconomic conditions can enhance your understanding of the overall business cycle. The primary macro forces that influence asset markets are growth, inflation, and policy. These factors are subjective and not directly quantifiable, making them unsuitable for direct investment decisions. However, they are useful for assessing the market’s risk appetite, which should influence only your position size and not your systematic approach.
The US Composite Leading Indicator (CLI) is one of the most informative macroeconomic indicators, providing insights into potential economic growth trends and helping anticipate inflections in the business cycle.
Monitoring the US inflation and unemployment rates is also beneficial, as they significantly influence monetary policy. While minor fluctuations may not provide much insight, sustained trends that align with the Federal Reserve’s targets of 2% inflation and low unemployment are indicative of a healthy economy.
Furthermore, tracking global liquidity can reveal the real-time effects of monetary and fiscal policies implemented by major central banks and governments. This serves as a valuable tool to assess the market’s risk appetite.
In conclusion, this guide helps investors stay on the right side of the market by adopting a systematic approach that captures bull markets while avoiding major downturns. Recognizing that the future is unpredictable and that markets are driven by momentum, this method can both preserve and grow your wealth in a less stressful way. A disciplined, systematic approach, executed dispassionately, is essential for navigating market uncertainties. All indicators discussed are publicly available or can be accessed on my profile.
Disclaimer: This article is for informational and educational purposes only and should not be construed as investment advice.
Memecoin Idea $GIGAWith Altcoins providing poor performance and memecoins stealing the overarching narrative of the cycle, I am betting that the Gigachad memecoin is the best r/r at the moment:
It is completely organic and free of any overhanging supply
It is arguably the most famous and influential meme of all time
The real Gigachad himself (Ernest Khalimov) has endorsed this coin along with other famous celebrities such as Mike O'hearn & Paulo Costa (UFC)
It is yet to be listed on any notable exchanges so many bullish catalysts on the way.
Price discovery first and if CRYPTOCAP:BTC CRYPTOCAP:ETH and CRYPTOCAP:SOL keep pumping alongside GETTEX:PEPE then I think this goes parabolic and a clean 10x from here is in the cards
XRPUSDT ( BETWEEN TWO TURNING LEVEL ) (4H)XRPUSDT
HELLO TRADERS
price of BINANCE:XRPUSDT inside sensitive area between two turning level , currently it will be attempt to reach turning level (2) .
Tendency, the price inside sensitive are between two turning level around 0.5822 and 0.6184 .
Upward Zone : in order see increase , if the price corrective turning level (2) and stabilizing above this level should be trying to reach turning level (1) at 0.61844 , to confirm up trading , the price will be breaking turning level (1) to reach resistance level (1) at 0.6508 , after by closing 4h candle above it reach a resistance level (2) at 0.6939 .
Downward Zone: by breaking turning level (2) at 0.5822 , the price should be trying to reach support level (1) 0.5595 , after stabilizing below this level could further support to reach of as next level at 0.5144 .
TARGET LEVEL :
RESISTANCE LEVEL : 0.6508 , 0.6939 .
SUPPORT LEVEL : 0.5595 , 0.5144 .
ETHUSD ( SENSITIVE AREA ) ( 4H )ETHUSD
HELLO TRADERS
currently price between two turning level by breaking each level determine the direction , for know the price trading above turning level (2) at 2,412 , remain this level it will be attempt to reach a turning level (1) at 2,527 .
Tendency, the price inside two turning level around ( 2,412 & 2,527) .
Upward Zone : in order see increase , the price need breaking turning level (1) at 2,527 , by closing 4h candle above it , easily to reach a resistance level (1) around 2,812 , remain this level indicates the price trying to reach of a resistance level (2) at 3,114.
Downward Zone: by breaking turning level (2) around 2,412 , the price dropping to reach a support level (1) at 2,209, to confirm downward , gold need breaking support level (1) by open 4h candle below it to reach a support level (2) at 2,046 .
TARGET LEVEL :
RESISTANCE LEVEL : 2,812 , 3,114 .
SUPPORT LEVEL : 2,209 , 2,046 .
USDJPY : Short-Term Trading SetupTrading Setup:
A Trading Signal is seen in the USDJPY Currency Pair.
Traders can open their Buy Trades NOW
⬆️ Buy Now or buy on 146.90
⭕️SL @ 145.30
🔵TP1 @ 150.89
🔵TP2 @ 153.79
🔵TP3 @ 158.29
#Signal #forexsignal
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
BITCOIN (BTC/USD) 12/08/2024Bias as of drawing this idea is Bearish...
62K appears to be holding resistance as price falls to test for support.
A failure could mean a new test of 50k again, a failure to find a support could mean we see a test of 40k and then 30k.
Finding support above 60k would change bias...
70k would also have to be broken and tested for support for any continuation up.