G-money
USDJPY ASCENDING TRIANGLE BREAKPair: USDJPY
Timeframe: 1H
Analysis: Round number level, trend line, volume profile, support and resistance, ascending wedge pattern, fib golden pocket level
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Key Takeaway: Need to see break of this ascending triangle to the down depending on the US Core Inflation rate we see today and a break of high volume level
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Level needed: need a close by 134.925
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Trade: Short
RISK:REWARD 1:15
SL: 31
TP: 452
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
EUR/USD still MANIPULATING traders!There seems to be no end to this sideways trend that EUR/USD has been forming for the last couple weeks.
You could argue that some sort of SUPLY formed on the h1 and m30 timeframes, since plenty of volume came in to the market (news related), but still... the price failed to break significant structure and provide us with a new low...
there fore, seeking sells in these market conditions is a bit risky for my taste. I'm staying away until we get a CLEAN break of this consodliation!
*MANAGE YOUR RISK, TRADE SAFE!*
Best regards, T.
CHFJPY BREAKOUT?Pair: CHFJPY
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance
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Key Takeaway: Need to see break past trend, round number and resistance
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Level needed: Need to see price close by 141.975
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Trade: Long
RISK:REWARD 1:8
SL: 24
TP: 180
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
SOLUSDT - SellHello traders,
just like ADAUSDT, the price is in strong supply zones and it is quite possible that we will see an opportunity to short! Wait for the confirmation and we can go down with a high probability! Good luck!
IMPORTANT WARNING:
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Rebounds from marked zones created by trading positions of large institutions such as banks or various financial funds may not create new HH or LL and therefore it is very important to collect partial profits at least according to these rules. This will help you to keep your equity curve constantly growing and protect your funds from big drops if the price unexpectedly turns against you. But the decision is only in your hands.
I personally prefer setting up multiple TPs , here's an explanation:
1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns
2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE
3) 5-10 :1 means bonus money with rest of trade volume (again 25%)
Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
GBPJPYForex is 10% trading and 90% waiting, patience is key, especially as a naked trader, price is our friend, interested on how the GBPJPY will behave now, it'll depend on how we approach that zone, fundamentals might confirm and add to the confluence. MY NAME IS ZAYN CAPITAL, you don't know me yet
EURUSD upcoming move we have 2 possibilities and have to be patience and once t reach the point only we'll take the trade for the sell entry, it has to retrace till my point, and once it touches and sustains below this then we'll take sell entry and like same for the buy trade we have to wait for the point and wait for the retracement till our point and take a by entry.
USDJPY
USDJPY (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
(THIS IDEAS VALID NEXT 48 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
BTC Pressured Below $24,000; Is $26,000 conceivable?The present Bitcoin value examination is showing financial backers' combination mode. As the cost expands the earlier day's sideways development in a scope of $23,400 and $24,000. The greatest digital money by market cap has been exchanging with an unbiased to a somewhat bullish predisposition.
BTC cost exchanges higher with unassuming additions on Saturday.
The development of two-sequential candles recommends hesitation among brokers.
A solid obstruction playing around $24,200 and $24,400 zone.
As of composing, BTC/USD is perusing at $23,899.05, up 0.47% for the afternoon. The cost has been uniting beneath the $24,000 mark however the drawback is very much covered close $23,700. Assuming that the value figures out how to hold over the meeting's high of $23,978 more potential gain should be visible in the coin.
On the day to day diagram, the BTC cost examination shows that the cost has been exchanging a rising wedge development. A rising wedge is a negative continuation specialized design. Nonetheless, the cost is agreeable and sits over the basic 20-day and 50-day EMA's showing a bullish fundamental opinion.
An everyday close over the referenced level would make ready for the mental $26,000 level, This likewise concurs with the upper trendline of the wedge development.
The MACD oscillator shows that the bullish energy is supporting over the midline. The RSI (14) is right now exchanging close to the 59 level, which shows that the market is in bullish mode and is a long way from overheating. Any increase in the markers would reinforce a bullish breakout out of the ongoing union.
The 24-hour exchanging volume of BTC dropped over 18% to $32,530,459,847.
Then again, a break underneath the meeting's low would tempt bears to go into exchange. All things considered, the cost could meet the 50-day EMA at $23,191 followed by the low of July 24 at $22,263.
Ripple records $408 million sold in Q2TL;DR Breakdown
Swell ODL volume expanded 9x YoY during the last quarter of 2022.
In Q2, the blockchain organization sold more than $408 million in XRP tokens.
Be that as it may, both the cost and volume of the XRP declined in the midst of specific market factors.
Blockchain installment organization Ripple delivered its Q2 monetary report on Friday, itemizing an amazing development in exchanges and On-Demand Liquidity (ODL) volume, regardless of the new accident of the cryptographic money market.
Wave's ODL expanded 9x
Swell said Q2 2022 was a record quarter for its On-Demand Liquidity further extended past installment and conventional settlement administrations, subsequently raising the volume by up to 9x year-over-year. ODL is a liquidity stage that use XRP to work with minimal expense cross-line installments on RippleNet. Swell expressed the majority of the volume in Q2 came from depository streams and mass installments.
The organization additionally referenced that it sold $408.9 million XRP tokens in the past quarter through its ODL administrations, contrasted with the $273 million XRPs it sold in Q1 of the year. The report peruses that how much XRP sold during Q2 likens to around 0.47% of XRP's worldwide volume. At last, the expansion in XRP deals credits to the development and reception of ODL.
"Swell has kept on taking part in deals exclusively connected with ODL and these volumes have sloped up significantly as Ripple's ODL business extended all around the world."
Swell likewise noticed an enormous expansion in exchange counts. Per the report, the exchanges on the XRP Ledger additionally expanded to around 114.6 million, which represented $58.3 billion or 126.5 billion XRP in volume.
XRP value, the volume endures a shot
Regardless of the ODL's development, the cost of XRP and everyday exchanged volume endured a shot in the midst of the negative condition of cryptographic money and the more extensive resources market. XRP volume dropped by 22% QoQ, from a typical everyday volume of $1.1 billion to $862 million, per the report.
During the hour of composing, XRP was up more than 4% to $0.371 during the 24hrs time period. The market capitalization was at $17.9 billion from a coursing supply of 48.34 billion XRP tokens.
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