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October 2 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. *Red finger one-way long position strategy. 1. $60,569.5 long position entry point / stop loss price when green support line is broken 2. $63,643.5 long position 1st target -> Top, Gap additional target price (Target price during holidays / daily candlestick creation point on the right) If it falls immediately from the current position, it is the long position entry point until the final 1st section, and if the green support line is broken, check the Bottom -> 58K main price at the bottom. Please use my analysis article only for reference and use, and I hope you operate safely with principle trading and stop loss price. Thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
#Bitcoin Update – Friday, 04.10.2024As-salamu alaykum and Good Morning to All Brothers and Sisters! #Bitcoin is showing signs of a potential reversal 🔍. For the past two days, the price has struggled to break through the Yellow Area (Arrow #5), and it seems like the bears are losing some of their momentum at this point. Below, I’ve updated the latest support and resistance levels, which remain the same on both the 4-hour and daily charts. As I mentioned in my last analysis, we saw a wick nearly reaching the second support level (Black Line), and within this zone, we also have a crucial convergence point—the Yellow and Black M.S Line. What’s Next? If Bitcoin can break through the first resistance line, we may see a potential reversal movement take shape. However, be cautious: this is not yet a confirmed reversal signal, but more likely a retracement. A true reversal confirmation will only come when the price can break the Black Line (Arrow #2). On the flip side, the bearish scenario is quite straightforward. If the Yellow Area and the Yellow Line are breached and we see the price fall beneath the Black Line, this could signal a bearish trend, and we might witness further downside. #Alts (Altcoins) Altcoins have continued to drop alongside Bitcoin, with most showing greater weakness. However, if Bitcoin begins a retracement, we could see a rally in alts as well. I will be updating my signal list throughout the day, highlighting short-term profit areas for those looking to make quick gains. Stay vigilant—whether it’s a reversal or just a retracement, the next few movements will be crucial. Protect your trades, and don’t rush into decisions without proper confirmation. Stay tuned, and I wish you all a very profitable week ahead. May your trades be successful and your day productive! Stay safe, and have a great day!
Long
by MoonTradingForecast
USDJPY Analysis for 03/10/2024: Anticipating a Slightly Bullish.As of October 3, 2024, the USDJPY currency pair is exhibiting signs of a slightly bullish bias. Several fundamental factors and market conditions are aligning to support this outlook. Traders focusing on USDJPY today should be aware of key drivers influencing this potential movement. Key Drivers for USDJPY Bullish Bias 1. US Dollar Strength - The U.S. dollar is maintaining its strength amid ongoing Federal Reserve hawkishness. Recent speeches from Fed officials have reinforced the possibility of additional interest rate hikes, which supports the USD. Higher U.S. interest rates typically attract foreign investment, leading to increased demand for the dollar. - Today, expectations of economic resilience in the U.S. are high, with upcoming non-farm payrolls and inflation data later in the week likely to cement this bullish outlook. 2. Divergence in Central Bank Policies - The Federal Reserve’s stance is increasingly at odds with the Bank of Japan (BoJ), which remains committed to ultra-loose monetary policies. The BoJ continues to support its yield curve control program, making the yen less attractive for investors. As the U.S. tightens, the BoJ’s dovish position could lead to further depreciation of the yen, supporting a bullish USDJPY trend. - Today’s market sentiment reflects this divergence, as traders expect the BoJ to stay accommodative while the U.S. dollar benefits from higher yields. 3. Treasury Yields on the Rise - U.S. Treasury yields, especially the 10-year note, have been climbing. Higher yields are a crucial indicator of rising demand for the dollar. As bond yields rise, so does the attractiveness of U.S. assets, drawing capital away from yen-denominated assets. - With Treasury yields set to increase, USDJPY is likely to follow a bullish trajectory today, as investors seek better returns from U.S. bonds. 4. Risk-On Sentiment - Today’s global risk sentiment is relatively optimistic, which traditionally favors higher-yielding currencies like the USD over the safe-haven yen. Equity markets have seen gains, and positive sentiment around U.S. economic data could continue to support risk-on trades, driving USDJPY higher. Technical Factors Supporting Bullish Bias - Support and Resistance Levels: Currently, USDJPY is trading near key support levels around 149.00. A successful hold above this zone could encourage a bullish push towards the 150.00 psychological level. Breaking through this level could lead to further upward momentum, strengthening the pair's bullish bias. - Moving Averages: On the daily chart, USDJPY remains above both the 50-day and 200-day moving averages, indicating a well-established uptrend. Conclusion: USDJPY Slightly Bullish Bias for 03/10/2024 In conclusion, the USDJPY pair is expected to maintain a slightly bullish bias today, supported by strong U.S. dollar fundamentals, central bank divergence, rising U.S. Treasury yields, and favorable market sentiment. Traders should watch for key levels of resistance and monitor U.S. data releases later this week, which could provide additional bullish momentum for the pair. This analysis reflects the latest fundamental factors and market conditions for USDJPY on October 3, 2024, offering insights for traders seeking to capitalize on today's potential bullish movement. Keywords for SEO: USDJPY analysis, USDJPY forecast, USDJPY trading, USDJPY bullish bias, U.S. dollar strength, Bank of Japan monetary policy, Federal Reserve interest rates, U.S. Treasury yields, Forex market analysis, USDJPY 03/10/2024, TradingView analysis.
Long
by PERFECT_MFG
Thursday Market Analysis and SignalsIn the early Asian session on Thursday, gold fluctuated in a narrow range and is currently trading around $2,657 per ounce. Gold prices fluctuated slightly on Wednesday. The US ADP employment data for September was stronger than market expectations, helping the US dollar index to record three consecutive daily gains and rise to a nearly three-week high. US Treasury yields also rose. Gold fell to 2,641 during the session on Wednesday, but tensions in the Middle East still provided safe-haven buying support for gold prices, down about 0.18%. The market will continue to focus on news related to US economic data and the geopolitical situation in the Middle East. After Iran launched a missile attack on Israel on Tuesday, gold prices jumped more than 1%. But the strength of another safe-haven asset, the US dollar, makes gold denominated in US dollars more expensive for investors holding other currencies, further limiting the rise in gold prices. Currently, traders are waiting for Friday's non-farm payrolls data, while also paying attention to the speeches of Federal Reserve officials for any clues about the policy path. This trading day will also release the changes in the number of initial jobless claims in the United States, the September ISM non-manufacturing PMI in the United States, and the monthly rate of factory orders in the United States in August. Investors need to pay close attention to this, and continue to pay attention to news about the geopolitical situation and expected changes in market non-agricultural data. Gold continues to fluctuate around a wide range of adjustments. Yesterday, the 2660/2640 range was repeatedly reshuffled. After a sharp drop to 2641 in the late trading, it stopped falling and stabilized, forming a sharp rebound and pulled up close to the 2660 mark. The daily line is still a red and blue alternating sawing pattern, and the wide range of fluctuations will continue. Pay attention to 2668/2678 on the upper side and 2653/2643 on the lower side. The repeated fluctuations in the range will continue on Thursday. Before a new round of trend trading appears, the short-term layout of the shock idea is the main focus. Asian market trading strategy: 2645-2648 long, stop loss 2636, target 2670-2680; 2668-2670 short, stop loss 2680, target 2650-2640;
OANDA:XAUUSDLong
by Jun-goldFX
$OM Set for Q4 Surge with Mainnet LaunchNASDAQ:OM about to send it, and Q4 2024 is gonna be WILD! 🔥 NASDAQ:OM chillin' at $1.27 rn, but MAINNET COMING IN OCTOBER! HODL for: SEED_TVCODER77_ETHBTCDATA:2B MC: $2.4 SEED_TVCODER77_ETHBTCDATA:3B MC: $3.5 SEED_TVCODER77_ETHBTCDATA:5B MC: $5.9 MUN:10B MC: $11.8 Mainnet + October = 🚀🚀 Time to fOMo in such strong long term fundamental tokens. New Tokenomics DAO proposal is coming and is gonna be a lot more bullish #MANTRA #NFA #LFG
Long
by Anderson771
Why $OM and $SOL Are the Future of Crypto!Sell all your #Ethereum, #Cardano, and #Polkadot before the FTX distributions. Move your funds into NASDAQ:OM and $SOL. These two projects have the team, tech, and relationships to build the next big thing. NASDAQ:OM is set to go parabolic with its mainnet launch in October and BlackRock backing. Huge potential ahead. CRYPTOCAP:SOL has been consolidating and could 2x easily by the end of 2024. If you're a long-term HODLer, buying NASDAQ:OM under $1.2 and CRYPTOCAP:SOL under $160 right now could be a very wise decision. #Solana #MANTRA #Bullish
Long
by abuxbakr