ZIL (Zilliqa) Extreme Bullish, Huge move soon🚀 Monster upward move by ZIL!🚀
On Fib Retracement ZIL is halfway until reaching the key level of 23.60% ($0.069) by breaking above the resistance line.
The pattern of the support and the resistance lines suggests that ZIL may make moon moves and test its peak at $0.259!
Key levels to break out during the run:
0.036 0.052 0.067 0.131
There are new updates, bridges, sponsorships and marketing incoming in the next two months!
🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀
Cyrpto
Upcoming Economic Events: A Weekly OverviewUpcoming Economic Events: A Weekly Overview
The coming week promises to be packed with significant economic events and data releases, likely to influence global markets and investor sentiment. Here's a detailed day-by-day preview of the most critical events.
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**Sunday**
- **Australia**: Judo Bank Manufacturing PMI Final for November.
The week kicks off with insights into Australia's manufacturing sector, potentially setting the tone for global economic trends.
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**Monday**
- **Japan**: Jibun Bank Manufacturing PMI Final for November.
- **China**: Caixin Manufacturing PMI for November.
- **Eurozone**: HCOB Manufacturing PMI Final for November and Unemployment Rate for October.
- **USA**: ISM Manufacturing PMI and ISM Manufacturing Employment for November.
A day focused on manufacturing data from key global economies. The ISM Manufacturing PMI from the US will be particularly crucial for dollar strength and equity market reactions.
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**Tuesday**
- **USA**: JOLTs Job Openings for October.
- **Australia**: Judo Bank Services PMI Final for November.
US job openings will be a focal point, providing further insights into the labor market's robustness and potential implications for Fed policy.
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**Wednesday**
- **Australia**: GDP Growth Rate (QoQ) for Q3.
- **Eurozone**: HCOB Services PMI Final for November.
- **USA**: ADP Employment Change for November, ISM Services PMI, Factory Orders (MoM) for October, and Fed Chair Jerome Powell’s Speech.
One of the week's busiest days. Markets will closely watch US employment and services data, along with Powell's speech, which could offer clues about the Fed's policy direction.
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**Thursday**
- **Australia**: Balance of Trade for October.
- **Japan**: BOJ Nakamura Speech.
- **Germany**: Factory Orders (MoM) for October.
- **UK**: S&P Global Construction PMI for November.
- **Eurozone**: Retail Sales (MoM) for October.
- **Canada**: Balance of Trade for October, Ivey PMI (s.a) for November.
- **USA**: Balance of Trade for October, Initial Jobless Claims (Nov 30).
A day dominated by trade data and insights into economic activity in major economies.
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**Friday**
- **Germany**: Industrial Production (MoM) for October.
- **UK**: Halifax House Price Index (YoY) for November.
- **Eurozone**: GDP Growth Rate (3rd estimate) for Q3.
- **Canada**: Unemployment Rate for November.
- **USA**: Non-Farm Payrolls, Unemployment Rate for November, and Preliminary Michigan Consumer Sentiment for December.
The US Non-Farm Payrolls release is a highlight of the week and a key indicator for Fed policy decisions. Combined with unemployment data, it will shape expectations for monetary policy going forward.
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Summary
The upcoming week is rich in macroeconomic data, spanning sectors from manufacturing to services and labor markets. Key focus areas include US ISM and NFP data, Fed Chair Powell’s speech, and GDP and trade data from major economies. This is a crucial time to stay vigilant in markets and adjust investment strategies based on emerging trends and market reactions.
Ethereum on the Rise, Poised for a Bullish BreakoutBINANCE:ETHUSDT has been showing strong recovery patterns recently, and the technical indicators align with a potential bullish move in the coming months. On the weekly chart, COINBASE:ETHUSD has reached the bottom of an ascending channel, which historically has acted as a strong support zone. This $2K region is not only a psychological barrier but also a key support level that was previously a resistance. As ETH continues to hold above this zone, a rise toward its all-time high (ATH) becomes increasingly probable.
Recent data suggests that 2024 could witness a broader crypto bull run, driven by Ethereum and other major assets. Analysts are optimistic about increased adoption cycles following 2023’s groundwork. Ethereum could benefit from market-wide positive sentiment as key events like Bitcoin’s upcoming halving and ETF inflows are expected to drive demand for cryptocurrencies.
With the technical alignment and favorable market conditions, ETH is well-positioned to see significant growth, potentially targeting levels near EUROTLX:4K as it continues its rise within the ascending channel. This rally could be bolstered by investor confidence in the broader cryptocurrency market as new financial products and solutions drive further participation.
BTC 1 year outlook. 175k-200k targetWhy would bitcoin 3x plus within a year?
Here is why:
1. Federal funds rate have started to drop as of yesterday. Bitcoin is considered a risk on asset. That means that if interest rates go down, investors sell their low ROI bonds to buy more risky assets to get higher returns, and Bitcoin flourishes in this environment
2. 6 month bull flag. Price is consolidating at all time high before the next big leg up
3. Bitcoin moves in 4 year cycles (until it doesn't) but for now, the peak of the current 4 year cycle should be towards the end of 2025. That is a another year of bullish momentum if history repeats itself thanks to Bitcoin halving cycle
4. We are at the same price as the last peak, yet there are many more large players ready/able to come into the space, including pension funds, ETFs, and governments
5. US government will keep on printing money until the end of time. Currently, both presidential candidates are ignoring the US deficit, and neither are trying to reduce spending to reduce the deficit. The more the US prints money, the more inflation, the more likely investors look for risky assets to store their wealth
6. Who will be selling? Either you believe in BTC or you don't, but people that do believe in BTC are not selling any time soon, while more and more people are starting to buy into the idea
Bitcoin Zip LineI’ve been tracking the course of bitcoin for the last 5 years. I think we are in for some major volatility soon!
Scenario 1:
The bitcoin price will rally as elections are heating up, and more people are sponsoring bitcoin and other meme coins in this period, in addition the tension in the Middle East . Consequently, the US market seems to have some underlying affect on the price of bitcoin. It is connected to the dollar. De-dollarization is a reality. But, you can’t back out on currency yet, too many people would be affected. People presently and people how will. So I expect the fed to cut rates hard, and quickly, without a doubt saving the economic bubble waiting to pop soon. Leading to a red swan event. No I did not say black. Red swan would be a global market chain reaction.
Bitcoin would break upward toward the resistance area $68,387- 69,000which has been building since November 10th, 2020.
If that occurs bitcoin could fall and complete a long striking falling wedge buying opportunity with a target of $42,000 and a liquidity pool around $37,600. Bitcoin could continue with selling pressure, or the big institutions will buy back bitcoin leading to an all time high price in a parabolic move toward $79,000, $100k, 150k, and $200k. Why so high? In short summary banks, coin IPO’s, Mining Harvests, Ripple, and AI
This would be the greatest buy opportunity for either any retail trader or institutional investors. Maybe even private owned firms, government agencies, and owners of any equity.
Scenario 2: A test of the $68’387-$69,000 area and a breakout to $73,000 could lead the price to $79,000. If this price is reached, bitcoin will either decide to test shaky hands and liquidate. As a matter of fact, new hands coming in, can squeeze toward $90,000 above 100k before deciding a true bullish path. Same rules apply on the buy opportunity. This would be parabolic as well which would make $42,000 the main support zone in a long term situation drawback.
This is just a prediction, good luck ;)
Phemex Analysis #20 NEIROETH - A Rollercoaster Coin!NEIROETH, the latest listing on Phemex 3 days ago, but it has exhibited significant price fluctuations since its launch at 29th July 2024.
1. Initial Surge: NEIROETH experienced a remarkable 1990% increase to its all-time high within 11 days.
2. Sharp Correction: However, it subsequently underwent a 91.9% decline to its all-time low in less than 30 days.
3. Rebound: The price has since rebounded by 887%, currently trading at $0.178.
While this volatile price action might seems risky for some investor, yet it's also bring significant gain for those who enter at the right time. Volatility is a Double-edge Sword.
Here we list out a few potential future scenarios on NEIROETH, for us to make informed decision for our trade.
1. Breakout: If the price breaks above the $0.21 level with high volume, it may continue to rise, potentially reaching $0.235, $0.26, or even the all-time high of $0.289.
2. Bearish Drop: Alternatively, if the price falls below the $0.123 support level with high volume, it could continue to decline to $0.07 or $0.057. This might present a buying opportunity, but it's essential to avoid over-allocation.
3. Consolidation: While less likely, NEIROETH's price could consolidate around the $0.21 and $0.12 levels. In this scenario, Phemex Neutral Grid Bots might be a strategy to consider.
Note: Trade Smarter, Not Harder with Phemex. Benefit from cutting-edge features like multiple watchlists, basket orders, and real-time strategy adjustments. Our unique scaled order system and iceberg order functionality give you a competitive edge.
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.
US30 HEAD AND SHOULER??Simple trading - Head and shoulders
Us30 has broken the neck-line of the Head and shoulder pattern on the 4hr. US30 is bullish on the higher time frames so always be ready for a pullback to the upside. Looking at the daily chart to see if the price will retest previous support and turn resistance.
Due to the lack of bullish momentum on the smaller timeframes, I would NOT advise taking a buy trade to previous support as the market is making lower highs and lower lows. This clearly indicates that the bears are in control. At any moment the price could drop and you do not want to be caught in that.
Be patient and wait for the price to play out. Look to take a sell positions
in the short term at respectable levels
BTCUSD Update - 52k?Seem to be going perfectly as predicted. BTC is dropping, retesting Supports to regain its bullish momentum. For how long will BTC continue to drop?
For start, this is just the beginning. BTC has completed the 4hr M pattern. BTC has just broken under major SUPPORT. This support is also the neckline for the Head and shoulder pattern from the ATH. Waiting for a confirmation by a retest. If BTC rejects the Daily support at 63500, look for sell pressure to 52k.
Was it Charlie the whole time or does Warren just give up...Was it Charlie the whole time or does Warren just give up...
Berkshire Hathaway, Inc. engages in the provision of property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, and retailing services. It operates through following segments: GEICO, Berkshire Hathaway Reinsurance Group, Berkshire Hathaway Primary Group, Burlington Northern Santa Fe, LLC (BNSF), Berkshire Hathaway Energy, McLane Company, Manufacturing, and Service and Retailing. The GEICO segment is involved in underwriting private passenger automobile insurance mainly by direct response methods. The Berkshire Hathaway Reinsurance Group segment consists of underwriting excess-of-loss and quota-share and facultative reinsurance worldwide. The Berkshire Hathaway Primary Group segment consists of underwriting multiple lines of property and casualty insurance policies for primarily commercial accounts. The BNSF segment operates railroad systems in North America. The Berkshire Hathaway Energy segment deals with regulated electric and gas utilities, including power generation and distribution activities, and real estate brokerage activities. The McLane Company segment offers wholesale distribution of groceries and non-food items. The Manufacturing segment includes industrial and end-user products, building products, and apparel. The Service and Retailing segment provides fractional aircraft ownership programs, aviation pilot training, electronic components distribution, and various retailing businesses, including automobile dealerships, and trailer and furniture leasing. The company was founded by Oliver Chace in 1839 and is headquartered in Omaha, NE.
There are fantastic possibilities on the ADA chartI will share a few charts with you today. Since hitting the 0.68 resistance point on the ADA chart, we haven't been able to see a positive turn yet. Nevertheless, a formation has emerged on the ADA chart. This formation is called a 'falling wedge,' which generally indicates a potential upward movement. The target for this formation seems to be in the range of 0.63 to 0.65. However, there is still uncertainty about the upward movement for now; indicators are indecisive, and there are only possibilities.
These possibilities include our first path (Green arrow), which involves rising from here and breaking the formation resistance. The second path (Red arrow) is gathering strength in the range of 0.44 to 0.45 and then moving upward again. Regardless of the chosen path, it is advisable not to make any purchases until the formation is completed, meaning our resistance point is broken. Otherwise, in the event of a general market downturn, the formation we outlined for ADA will be disrupted, and we will need to chart a new course together. So, no rush. Good day and abundant profits, my friends.
BNB/USDT WEEKLY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BNB/USDT update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BNB WEEKLY update.
BNB struggled to hold its own, which is why it closed the week without any significant changes in its price compared to the previous week.
Buyers managed to keep it above $300 at the time of this post, which is a positive sign. If the overall market sentiment improves in the coming days, BNB may also follow suit.
Looking ahead, this cryptocurrency has been found in a flat trend since the beginning of the year, and a major breakout is needed to take the price to the $360 resistance.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
Will Gold Go To 2000$ Again ?Gold edged higher to start the week as the improving risk mood made it difficult for the USD to find demand in the absence of high-tier data releases. A Bloomberg report claiming that China was considering an equity market rescue package worth about 27 billion USD triggered a rally in global equity indexes.
On Tuesday, Gold failed to build on Monday’s gains, while the benchmark 10-year US Treasury bond yield held steady above 4%. S&P Global PMI data showed on Wednesday that the business activity in the US private sector expanded at an accelerating pace in January. S&P Global Composite PMI improved to 52.3 from 50.9 in December, Services PMI rose to 52.9 and Manufacturing PMI recovered above 50, pointing to an expansion in the manufacturing sector for the first time since April. In turn, the benchmark 10-year US Treasury bond yield edged higher, causing XAU/USD to drop to a weekly low below $2,020.
The danger in the FTMUSDT chart!!!Firstly, what I'm about to convey is not to be considered as investment advice; it's merely a cautionary note. When examined on a 4-hour timeframe, a significant and noticeable Head and Shoulders (H&S) formation is observed in the FTMUSDT chart. The first indicator supporting this formation is volume. Upon examining the volume, you can notice a visible loss of strength. To further confirm this, if you want to be more certain, compare the volume of the candles forming the left shoulder to the volume bars forming the right shoulder. You'll see that the left shoulder's candle volume is stronger, whereas the current right shoulder has lower volume. We also supported this with our second indicator, which is the RSI (Relative Strength Index). There is a noticeable decline in strength in the RSI as well. In summary, while these three signals don't definitively predict a downturn, they indicate that FTM could be significantly impacted in the event of a potential market decline. If you hold it, please exercise caution. Good day and profitable trading.
LIT/USDT probability of bullish move from support?🚀LIT Analysis💎 Paradisers, take note of the potential opportunity with #LITUSDT, which currently shows a heightened probability for a bullish continuation from its support zone.
💎 #LIT has recently experienced a downturn due to market uncertainties. Currently, it seems poised to regain momentum from the support zone at $0.787. If the price sustains its momentum above this level, there's a good chance it will initiate a bullish movement, aiming to overcome the substantial resistance at $1.671.
💎 The ever-evolving cryptocurrency market demands a flexible approach to our trading strategies. If #LIT encounters difficulties in holding its ground at this support zone, a strategic adjustment might be in order.
💎 Under such circumstances, our Plan B would focus on a bullish push from a lower support level, specifically at $0.696. It's imperative to stay alert, as a breach of this level could be an early indicator of a trend shift towards bearish territory. 🌴💰
Bitcoin Headed To The Golden Zone From swing low to swing high, we can see more than 78% retracement happened. Next is swing high to swing low, that's where i marked off the golden zone so 40K is possible again.
Also with the mighty dollar approaching its supply zone and heading into retracement, the market must take advantage of the momentum, as they should.
Patience wins all.
Keep rising.
Always Due Diligence!
DEXEUSDT 1 Hour HH Break'sDEXEUSDT Trade Plan Timeframe: 1H
#Forex #DEXEUSDT #TechnicalAnalysis #CryptoSignal #TradingOpportunity #Divergence #TradingSignal #TradingwithBelieve
Hey traders! 👋 Let's dive into a potential trading opportunity on the DEXEUSDT pair using technical analysis. 📊
📉 Previously Bullish Trend:
Firstly, on the 1H- timeframe, we've been witnessing a Bullish trend in the DEXEUSDT pair. 🐻
🔄 DEXEUSDT is in strong bullish trend:
DEXEUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH. if the market successfully sustain this bullish confluence the next leg high could go for new HH. 📉🔄:
📊 Trade Opportunity:
Currently, we are looking at a potential trade opportunity with a Bullish bias.
📈 Entry Price: 2.399
🎯 Stop Loss Level: 2.306
🚀TP1: 2.492
💰 Investment Advice:
Please remember that trading carries risks, and it's essential to have a well-defined trading plan, proper risk management, and stop-loss orders in place. This analysis is for educational and informational purposes only and should not be considered as financial advice. Make sure to do your research and consider your risk tolerance before entering any trade.
Happy trading, and may the pips be in your favour! 🚀📈💰 #HappyTrading #ProfitOpportunity #TradeSmart #CryptoSignal #StockSignal #TradingwithBelieve
EBON | Oversold Crypto Play | BounceEbang International Holdings Inc., through its subsidiaries, engages in the research, design, and development of application-specific integrated circuit chips and manufacture of Bitcoin mining machines under the Ebit brand in China, the United States, Hong Kong, and internationally. It also provides mining machine hosting services that enable customers to operate mining machines remotely; and routine maintenance services, as well as engages in the development of proprietary cryptocurrency exchange platform. In addition, the company offers fiber-optic communication access devices, including multiprotocol label switching fiber-optic access network devices, multi-service access platform integrated business access devices, and wavelength-division multiplexing fiber-optic devices; and enterprise convergent terminal products, which consists gigabit passive optical network, enterprise cloud gateway devices, industrial Internet of Things access devices, and business enterprise smart wireless access devices. It serves the blockchain and telecommunications industries. The company also provides foreign exchange trading and digital currency transfer services, as well as deals in virtual currencies. It sells its blockchain products directly, as well as through its website; and telecommunication products under the EBANG brand name primarily through supplier contracts. The company was incorporated in 2018 and is headquartered in Hangzhou, China.
SELL THE RALLY, BUY THE DIP: A LITECOIN STORYA convenient selling opportunity is giving way to a prime buying opportunity for crypto neophytes .
Price on the 4 hour TF is forming a beautiful ascending pattern ,right where we are price is reaccumulating.Looking for price to form a nice 3-D pattern before sell off on the 1 hour timeframe .The last 2 consecutive down close candles on the daily timeframe seem to be a nice target for taking profits .
SAFE TRADING