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Fundamental Analysis

SERO new volume, more gain in long termHello and greetings to all the crypto enthusiasts, ✌ In this IDEA, I aim to provide some points and overview of the SEROUSDT’s position. 🙌🐋 If you are reading this and the target of this analysis has been reached, and you need a new analysis for this asset, simply use the comment section so I can find you and your request. 🐋 This is a long-established, high-potential asset that has successfully captured a significant share of the crypto market. In recent weeks, we've seen a noticeable influx of new volume, signaling a potential shift toward a more bullish market trend. This increase in volume is a crucial indicator that the market is positioning for upward movement. The most important support levels have been marked for you, and should any of these levels be breached, the next support will act as a strategic pivot, pushing the price higher towards new peaks. Furthermore, if the strong monthly resistance I’ve outlined is broken, it would likely trigger a powerful rally, driving the price to even greater heights. Given the combination of rising volume, strategic technical support levels, and the potential breakout above resistance, the outlook for this asset remains exceptionally strong, and we are likely to see a continued upward trajectory. 🧨 Our team's main opinion is This well-established asset has seen a strong volume increase, signaling a bullish trend with key support levels to drive the price higher. A breakout above the strong monthly resistance could trigger a significant rally, pushing prices to new highs. 🧨
Long
by MadWhale
#RAD (SPOT) entry range ( 1.000- 1.110)T.(2.470) SL(0.990)BINANCE:RADUSDT entry range ( 1.000- 1.110) Target (2.470) 1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high. SL .1D close below (0.990) Golden Advices. ********************** * collect the coin slowly in the entry range. * Please calculate your losses before the entry. * Do not enter any trade you find it not suitable for you. * No FOMO - No Rush , it is a long journey. Useful Tags. ********************** My total posts ( www.tradingview.com ) 1Million Journey ( www.tradingview.com ) ( www.tradingview.com ) ********************************************************************************************************************** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #PORTAL #GRT #GMT # IDEX #NEAR #ICP #ETH #QTUM #VET #QNT #API3 #BURGER .
Long
by Crypto_alphabit
TONCOIN high potential and next targets (educational) Hello and greetings to all the crypto enthusiasts, ✌ 🧨 summary: 🧨 Toncoin is gaining recognition in the crypto space, supported by a strong community and increasing adoption across platforms. Despite facing short-term challenges, its potential for explosive growth remains promising, especially if it can stabilize around key support levels. 📚💣 Toncoin is a cryptocurrency that has become increasingly well-known among active participants in the crypto space, establishing itself as a significant player in the market. It enjoys robust community support, which manifests through one of the largest and most engaged groups on social media platforms. This active community not only generates discussions around Toncoin but also plays a crucial role in its promotion and utilization. Various channels are continuously and dynamically used to advocate for the coin, making it an influential entity in the cryptocurrency ecosystem. 📚🔥 The widespread use of Toncoin across multiple platforms over the years has been instrumental in its rise to prominence. As more users and investors discover its unique features and capabilities, the adoption rate of this token is likely to increase, further enhancing its market presence. This growing awareness can lead to more substantial investment inflows, creating a positive feedback loop that fuels its growth. I firmly believe in the incredible potential of Toncoin and anticipate significant upward movement in its value in the near future. 📚✔ However, to better understand the current situation, we must analyze the technical aspects of Toncoin. The present technical chart suggests that the token is traversing a downward channel, indicating that the short-term price action may face challenges. The first key support level to watch closely is $4.50. This level is pivotal because if Toncoin cannot maintain its position above this threshold, we may see further declines in its value. Should the price break below this level, the next significant support area we would need to monitor is $2.80. This price point serves as a crucial buffer for the token’s stability and market sentiment. 📚🎇 If Toncoin does decline to the $2.80 level and fails to rebound quickly, it could lead to a prolonged bearish phase, which may discourage some investors. However, it’s important to recognize that the cryptocurrency market operates in cycles of accumulation and distribution. Often, after a price drop, savvy investors, particularly market whales and major stakeholders, look for opportunities to buy in at lower prices. This phenomenon can create a strong base for recovery, as these larger players accumulate tokens at attractive valuations. 📚💡 Once Toncoin reaches this critical support level of $2.80, we might witness a significant accumulation phase. The involvement of institutional investors and market whales can act as a catalyst for price recovery. These entities often have the resources and strategic insights to navigate the market effectively, and their participation can enhance overall market confidence in Toncoin. As these investors buy up tokens, they can create upward pressure on the price, leading to renewed interest from retail investors. 📚🙌 Historically, when cryptocurrencies experience substantial accumulation at key support levels, they often bounce back with remarkable intensity. This pattern can lead to explosive price movements, particularly when the market sentiment shifts in favor of the asset. Given Toncoin’s strong community backing, innovative use cases, and potential for real-world applications, it stands to reason that the coin could be poised for impressive growth in the coming months. 📚✨ Furthermore, the broader context of the cryptocurrency market plays a significant role in Toncoin's potential trajectory. As more investors seek diversification and exposure to emerging projects, Toncoin could benefit from the general market trends. Additionally, if other major cryptocurrencies experience positive price action, it often creates a favorable environment for altcoins like Toncoin to gain traction and attract new investors. 📚✌ Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
by MadWhale
1
11/5/24 - $celh - No edge. Pains me to sit this Q out.11/5/24 :: VROCKSTAR :: NASDAQ:CELH No edge. Pains me to sit this out. - trading this thing around and following the FUD all over social media has me confused. i'll admit. - on one hand, these things are flying off the shelves and scanner data looks great (that's sell thru!) - on the other hand, i've been seeing a lot of discounting - on the other OTHER hand (yes i have three hands), clearly NASDAQ:PEP is trying to get thru over-ordered inventory esp into a non-summer season in north america which might inform the sell thru - google trends is waning, though this isn't the type of purchase that typically shows up as being super high signal on google trends... when have you googled "where to get a Coke" as an example, but nonetheless it's part of my due diligence mosaic - now the latest we hear from mgmt is they're looking to build own capacity. honestly, that's more of a positive than a negative, given there's clearly enough reason to start pulling this inhouse and not letting NASDAQ:PEP jerk the brand to their whim - on the other hand, this will cost $... capex dollars... at a time when NASDAQ:PEP is also probably not going to re-stock big (or go smaller) into the winter time period... and where Int'l launch while i'm sure it's going well (let's be honest those flavors are rockin')... is probably also low margin. - so you're facing a quarter where there's likely to be a lot of 'splaining and taking a position tuesday night into elections is also whack enough - let's say margins come in weak, they say "growth step down b/c pep means this is the bottom"... in a lot of ways, you buy that dip if it dips, but it *will* dip, because the market is hating stuff that's not just beating and raising. in fact it's only shipping things higher that are crushing and raising. this is very hard for me to believe with $celh. - and valuation at high 20s PE while in a LT context for this brand is NOT expensive IMVHO and LSD fcf yield is "good enough", it's just too much risk into this print. - on the person fronts, as those of you who follow me know, i've had some nice wins lately w/ the OTC:GDLC then NASDAQ:NXT crush, after some big wins earlier this year too. I LIKE TO GO BIG. often when i'm tip toeing around is where i lose focus, and i trade poorly. - so a bit of this move is my own situation heading into election night, feeling unclear what's happening here, having not too much confidence in mgmt's ability to communicate even if nothing's wrong but the quarter's meh. - if this ships, it ships. after the result... who knows. maybe i jump back on if/when this thing is up 10%. i doubt it. - the options chain is also fairly locked up in the low 30s here so a move beyond $33-34 would take some real surprise (good surprise). - my best guess is this thing trades lower. probably not in the low 20s like the bears are expecting, probably not even in the mid 20s, but 26-27-28 not out of the question. - let's see. alas, idk the future, so i go with high conviction bets. and this one leaves me so confused into the print in such a weird risk week for the US... that i'd rather act with high cash balance (nearly 45% of my stack RN! and i'm long calls on a lot of things... will write later... to fill up my exposure) lmk how you see it. i'd love to gain more clarity on this b/c i would also love to hold it long term near the lows V
NASDAQ:CELH
by VROCKSTAR
#MASK (SPOT) entry range( 1.940- 2.440) T.(4.549 ) SL( 1.826 )BINANCE:MASKUSDT entry range ( 1.940- 2.440) Target1 (3.581 ) - Target2 ( 4.549 ) SL .1D close below (1.826 ). *** Collect the coin slowly in the entry range *** *** No FOMO - No RUSH - it is a long journey *** **** #Manta #OMNI #DYM #AI #IO #XAI #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #VOXEL #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #CLV #RIF #ENJ #ZIL #APT #MAV #ZRX #RENDER #THETA #CHZ #MASK ****
Long
by Crypto_alphabit
JP Mullin: MANTRA's Growth Powered by Google CloudMANTRA Chain's CEO JP Mullin speaks volumes: "Working alongside Google Cloud is a testament to MANTRA's growth and development, as well as a mark of credibility for the real-world asset industry as a whole" When NASDAQ:OM delivers credibility, it means massive real estate, aviation deals, banking partnerships - and now Google. Real partnerships, live mainnet, actual utility 👉 NASDAQ:OM ULTRA Bullish! #MANTRA #GoogleCloud #CryptoNews #LFG
Long
by awaixs001
Gold consolidatesIt looks as if gold is back in one of its periodic consolidation phases, having hit a fresh record high of $2,790 during last Thursday’s Asian Pacific session. Prices subsequently pulled back sharply and have traded around the $2,730 area ever since. Once again, this is helping to bring down the daily MACD back to more reasonable levels which could create a platform for a fresh rally. This analysis would be fairly reasonable under normal conditions. But the fact that US voters are going to the polls today to elect a new president means that conditions are anything but normal. It’s of no use speculating over how gold may react to the result, assuming we get one tomorrow, any more than it is trying to second-guess whether Harris or Trump is going to win. The best thing to do is hunker down and wait for it all to be over. It’s likely, though not definite, that there’s some overnight volatility across precious metals, just as there could be across FX, bond and equity markets. But the quicker we get a clean result, then the quicker that ‘normality’ can return to the markets.
TRADENATION:XAUUSD
by TradeNation
11/5/24 - $mktx - Hard to justify valuation near $30011/5/24 :: VROCKSTAR :: NASDAQ:MKTX Hard to justify valuation near $300 - a few ways to think about this - first, seems like they've got a nice niche that could be M&A addressable to larger institutions - second, quite correlated to rates, as you can see from this basic 10Y overlay. the disconnect for me in the last 2 yr seems pretty glaring - so you look at EPS... growing low DD, but PE is high 20s? mm that's pretty expensive. - how about we go out 2 years where book value is ~$50/shr a nice round # and we say (ROE - g)/(Ke - g) = (25 - 5)/(10 - 5) = 4x multiplier. I'm being generous here on probably ROE (now closer to low 20s) but perhaps "g" remains HSD and Ke is lower. ANYWAY, this puts me at $50 * 4 = $200. again, a touch lower. - listen, this is just something that doesn't get me excited. it's a large biz, correlated to rates, valuation isn't "obvious". I'd probably be a buyer in the high $100s, call it $175-180. but otherwise i'm happy to have just taken a look and moved on. V
NASDAQ:MKTX
by VROCKSTAR
11/5/24 - $gib - Solid biz, buy on dips11/5/24 :: VROCKSTAR :: NYSE:GIB Solid biz, buy on dips - wow right after looking at NYSE:HWM another Wed AM EPS report due from what looks to be a legit co. - i'm not a big fan of MSD revenue growers in IT services, but man does this thing simply *tick* - 18x fwd PE looks fine, check - not cheap - but high quality rarely is esp in a bull mkt lol - over 5% fcf yield is defn solid. better than rates, not the best thing i can find, but defn not expensive. - i'd suspect this continues to beat in this environment and trucks higher. i still think i can find better use of capital all else equal, but in the event tide goes out and this pulls back, this could easily make its way into my "defensive" portfolio. probably need it sub $100 tho if/when so setting alarm there - congrats to longs. V
NYSE:GIBLong
by VROCKSTAR
11/5/24 - $hwm - One to buy on dips, solid biz11/5/24 :: VROCKSTAR :: NYSE:HWM One to buy on dips, solid biz - tryin' to get ahead of rest of EPS pile today/tmr - this one reports Wed AM (after we learn which fruit pie won at the county fair) - i digress - this thing is such a solid biz. genuinely feel life i've missed "the move", b/c at 2.2-2.5% fcf yield growing HSD-low doubles, and 33x next year PE, there's not too much on the valuation side that's giving me that great R/R - on the converse, dips will likely be bought hardcore and "space" is a theme not going away and these guys have solid margins, a nice niche (lightweight metal mfg for key parts/ components), no stock based shenanigans like tech bro co's... it's a great biz - a warren buffett stock, let's say - so while i'd probably be tempted to buy a dip if say today we dive into the close on a risk-off situation (and it's flows related)... i might just have to sit this one out and wait for more of a macro pullback where the tide dunks all boats for the time being. - that gap in the 70s would be "obvious" buy. but honestly, if we get there something's probably wrong. i think low 90s is good value and in the 80s is a solid place to get busy with a 1% stake. so setting my alarms accordingly and will monitor for the day, otherwise will report back if/when. - congrats to the longs V
NYSE:HWMLong
by VROCKSTAR
#ALTCOINS Season is commingwe are in a strong resistance for #BTC_DOMINANCE so we have to expect reversal from here & If this happened means....... 1. we are in #altcoins bottoms 2. #altcoins season is coming so soon 3.it is the right time to invest in #altcoins not #BTC *********** This is my expectation for next weeks ********** ******( MAY BE I AM COMLETELY WRONG, PLEASE DO YOUR OWN PLANS ) ******* CRYPTOCAP:BTC.D CRYPTOCAP:BTC CRYPTOCAP:ETH #BTCUSDT #bitcoin #BTC #BTCUSDT #BTCUSD #BTCETH #ETH #ETHUSDT #ETHBTC #ETHUSD #trade #trading #longterminvestment #Cryptotading #cryptoinvesting #investment ##trading #cryptocurrencytrading #bitcoininvestments #Investing_Coins #Investingcoins #Crypto_investing #Cryptoinvesting
CRYPTOCAP:BTC.DShort
by Crypto_alphabit
52
#HIGH (SPOT) entry range( 1.080- 1.380) T.(3.990) SL(0.944)BINANCE:HIGHUSDT entry range (1.080- 1.380) Target1 (1.910) - Target2 (2.612) - Target3 (3.249) - Target4 (3.990) 3 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high. SL .1D close below (0.944) *** collect the coin slowly in the entry range *** *** No FOMO - No Rush , it is a long journey *** **** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #HIGH ****
Long
by Crypto_alphabit
Gold price analysis November 5Fundamental Analysis Gold prices reversed intraday losses to hit a more than one-week low and traded around $2,738, largely unchanged on the day ahead of the European session on Tuesday. Safe-haven demand stemming from a bitterly contested US presidential election and the risk of escalating geopolitical tensions in the Middle East provided some support for the precious metal. Furthermore, the unraveling of the “Trump deal”, coupled with bets that the Federal Reserve will cut interest rates further amid signs of a cooling US labour market, continued to drag US Treasury yields lower. This, in turn, fueled fresh US dollar selling and became another factor in favour of non-yielding gold amid cautious sentiment across global equity markets. However, the upside momentum in Gold remains limited as traders seem reluctant to place positive bets ahead of the key event risks this week – the US presidential election and the Federal Open Market Committee (FOMC) meeting. Meanwhile, the release of the US ISM Services PMI Index on Tuesday will be looked at for short-term trading opportunities later in the North American session. Technical Analysis Gold is trading sideways in a narrow range between 2747 and 2725. Today the market is focused on this range as it breaks out of the notable port zone of 2758-2760 and 2712-2710 to generate reasonable BUY and SELL signals. Today’s strategy is quite basic in a day when gold is trading dull and trendless.
OANDA:XAUUSD
by TVS-Trader
Possible 200+ Pips On ContinuationIn this setup, we're targeting a continuation of the swing sell, awaiting a clear signal of bearish momentum. Our entry confirmation will come once price breaks and closes below the 1.6442 level. After this confirmation, we’ll look for a retracement into the premium level of the intra-trend bearish rally, specifically within the 1.6540-1.6400 range. From this level, we aim to enter a sell position, targeting the second and third support levels. This setup projects a minimum of 150 pips with a favorable risk-to-reward ratio of 1:4. For a more detailed breakdown, check out the video analysis. Previous Call:
Short
by Ieios
Palladium: Analyzing the Recent Surge in PricesSince the beginning of August 2024, Palladium has experienced a notable surge in value, reaching approximately $1,250 today. This strong bullish rally signals renewed interest in the precious metal, driven by various market dynamics. However, as the price approaches a critical supply area, traders must exercise caution and prepare for potential market reversals. Price Movement and Historical Context The recent price increase in Palladium has not gone unnoticed, and it coincides with a historical trend. Over the past five years, data shows that Palladium has typically encountered a reversal in value around this time of year. This historical pattern serves as a vital reference point for traders considering their next moves. Evaluating Supply Areas and Potential Reversals As Palladium nears a significant supply area, it becomes essential to analyze price action carefully. Before contemplating any short positions, it is prudent to wait for a clear bearish pattern to emerge. This approach minimizes the risk of entering prematurely, particularly in a market characterized by bullish momentum. Commitment of Traders (COT) Report Insights The latest Commitment of Traders (COT) report reveals contrasting positions among market participants. Retail traders appear to be holding long positions, indicating optimism regarding Palladium's future performance. Conversely, "smart money" or institutional investors have begun to build bearish positions, suggesting that they anticipate a potential downturn. This divergence in sentiment may create a volatile environment as both sides adjust their strategies. The Importance of Patience In the current landscape, patience is crucial. Rushing into trades without solid confirmation can lead to unfavorable outcomes. By waiting for a clear bearish signal, traders can better position themselves for potential market reversals. This disciplined approach aligns with the principles of risk management and enhances the chances of executing successful trades. Conclusion In summary, Palladium's recent rally to $1,250 places it at a critical juncture. As it approaches a historically significant supply area, traders must remain vigilant and analytical. Observing the emergence of a bearish pattern, coupled with insights from the COT report, will be essential in determining the appropriate timing for any potential short positions. With patience and a strategic mindset, traders can navigate the current market conditions effectively. What are your thoughts on Palladium's trajectory, and how do you plan to position yourself in this evolving landscape? ✅ Please share your thoughts about PA1! in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
NYMEX:PA1!
by FOREXN1
5
WTI Crude Oil Outlook: Eyeing Potential Demand Zone RecoveryWTI crude oil is currently trading around $68.25 as of this Tuesday, following a significant gap-down opening to start the week. The move lower was largely influenced by easing tensions in the Middle East, as recent developments suggested a more contained military approach, which alleviated fears of a broader conflict that could disrupt oil supply. Upcoming U.S. Economic Data: GDP and Nonfarm Payrolls in Focus The U.S. economic calendar this week includes key data releases, beginning with the flash Gross Domestic Product (GDP) report for Q3 on Wednesday, projected to show an annualized growth rate of around 3%. A stronger-than-expected GDP figure could bolster the USD, adding pressure to USD-denominated assets like crude oil, as a stronger dollar makes oil more expensive for holders of other currencies. Following the GDP report, Friday’s Nonfarm Payrolls will provide additional insight into U.S. labor market conditions, which could further influence dollar strength and, subsequently, WTI prices. Technical Analysis: WTI Trading in Demand Zone From a technical perspective, WTI crude is currently positioned within a demand zone, where buyers could be eyeing a recovery of Monday's gap-down. This demand zone represents a critical area where traders are observing whether buying interest will drive prices higher to close the gap. A recovery attempt here, with a tight stop loss, could offer a favorable risk-to-reward setup, particularly if data later in the week doesn’t significantly strengthen the USD. Conclusion The WTI crude oil market remains vulnerable to geopolitical developments and U.S. economic data this week, with a stronger USD potentially capping any recovery attempts. However, should the upcoming data align with current estimates or underperform, there may be room for WTI to rally from its demand zone, attempting to reclaim some of the lost ground from the recent gap-down. Traders may want to monitor these key levels and events closely, as they could provide both direction and confirmation for near-term price movement in WTI crude oil. ✅ Please share your thoughts about WTI in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
BLACKBULL:WTILong
by FOREXN1
6
WTI Dips as Israel Avoids Targeting Iran’s Oil: What’s Next?The West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $70.60 during Thursday's London session. The price edged lower following reports that Israel has assured the United States it will not target Iran’s nuclear or oil facilities in its planned retaliatory attacks. This news, as reported by senior Biden administration officials and the Wall Street Journal, came after the US sought to prevent further escalation in the Middle East to avoid a potential surge in oil prices. Geopolitical Tensions in the Middle East and Oil Prices Oil markets have been on edge due to geopolitical tensions in the Middle East, particularly following the conflict between Israel and Hamas. Any potential retaliation involving Iran has been closely watched, given Iran’s role as a major oil producer in the region. Had Israel planned to target Iran’s oil infrastructure, it could have led to significant supply disruptions, pushing oil prices higher. For now, traders are breathing a sigh of relief with the promise from Israel to avoid targeting these facilities, but geopolitical tensions still remain a key factor that could influence WTI in the near future. Should tensions escalate further, WTI prices could quickly rebound on supply concerns. OPEC and IEA Cut Global Oil Demand Forecasts This week also brought another major development for oil markets as both the Organisation of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA) lowered their forecasts for global oil demand growth in 2024. The IEA now estimates global oil demand will grow by 1.2 million barrels per day (bpd), bringing total demand to 104.3 million bpd next year, which is 300,000 bpd below previous estimates. These cuts are being driven by several factors, including the weakening global economic outlook and persistent challenges in key oil-consuming regions. In particular, China’s economic stimulus measures have failed to provide a meaningful boost to oil demand, further weighing on oil prices. This downward revision in demand growth expectations has created additional headwinds for crude oil prices, contributing to the recent decline in WTI. Technical Outlook: Bearish Sentiment But Potential Long Retracement From a technical standpoint, WTI is currently trading within a key demand area, suggesting that some buyers may step in to support prices. While the forecast based on seasonality points toward a bearish trend in the near term, there are some indications that a deeper long retracement could occur. The Commitment of Traders (COT) report shows that institutional investors, also known as "smart money," are maintaining long positions, indicating potential underlying support for oil prices. This dynamic suggests that while prices may experience further pressure in the short term, a retracement to the upside could occur if demand for oil begins to pick up or if geopolitical tensions resurface with greater intensity. Conclusion: WTI Traders Remain Cautious Amid Mixed Signals For now, WTI remains in a delicate position, influenced by a mix of geopolitical risks, lower global demand forecasts, and technical factors. The assurance from Israel that its retaliatory strikes will avoid targeting Iran’s oil infrastructure has alleviated some immediate concerns about a spike in oil prices. However, the ongoing geopolitical situation remains fluid, and any sudden escalation could quickly reverse the current price trajectory. At the same time, the reduced demand growth outlook from both OPEC and the IEA creates a bearish overhang for crude prices. With China’s stimulus measures failing to spark a meaningful recovery in demand, traders will be closely watching for any new developments that could shift the balance of supply and demand in the oil market. In summary, WTI may continue to face downward pressure in the short term, but a potential long retracement remains on the table, especially if market conditions or geopolitical tensions shift in the coming days. For now, traders are likely to stay cautious, awaiting clearer signals before taking decisive positions. ✅ Please share your thoughts about WTI in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
BLACKBULL:WTILong
by FOREXN1
1
US Presidential Election Forex Analysis5th November US Presidential Election DXY: Could retest 103.50 area, and rebound up to cover gap and up to 104.30 (if price breaks 103.40 could trade down to 102.90) NZDUSD: Sell 0.6040 SL 20 TP 80 AUDUSD: Sell 0.6635 SL 20 TP 60 (trend following) Counter trend opp: Buy 0.6670 SL 30 TP 90 GBPUSD: Sell 1.2980 SL 40 TP 130 EURUSD: Buy 1.0930 SL 30 TP 70 USDJPY: Ranging between 151.70 and 153.40, looking for breakout potential following major news USDCHF: Buy 0.8650 SL 20 TP 55 USDCAD: Sell 1.3870 SL 20 TP 50 Gold: Needs to break 2730 to trade down to 2710 and then possible rebound
TVC:DXY
by JinDao_Tai