GOLD: Local Correction Ahead! Sell!
Welcome to our daily GOLD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 2,606.363$
Wish you good luck in trading to you all!
Gann
SILVER: Strong Bullish Bias! Buy!
Welcome to our daily SILVER prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 31.49107$
Wish you good luck in trading to you all!
DXY: Market Is Looking Down! Sell!
Welcome to our daily DXY prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 100.587
Wish you good luck in trading to you all!
Buy Trade Idea for WOO (Wootrade)Description
WOO (Wootrade) is a prominent player in the decentralized finance (DeFi) space, offering a unique liquidity network for traders, institutions, and decentralized exchanges. Here are the key fundamentals that make WOO an attractive buy opportunity:
- **Deep Liquidity and Zero Fees:** WOO provides deep liquidity through its innovative platform, allowing users to access institutional-grade liquidity at zero fees, a major advantage for traders and investors looking to maximize efficiency.
- **Rapidly Growing Ecosystem:** The WOO Network is expanding, with a growing list of strategic partnerships and integrations within the DeFi and centralized finance (CeFi) space, positioning it as a major hub for liquidity solutions.
- **Staking and Yield Opportunities:** WOO offers attractive staking options and yield generation opportunities, which can enhance long-term value for token holders.
- **Strong Backing and Development Team:** Wootrade is backed by some of the biggest names in the crypto space and is led by an experienced team that continuously improves the platform’s offerings.
With these strong fundamentals, WOO presents a compelling buy opportunity, particularly for those looking to benefit from its key role in the future of decentralized liquidity provision.
Disclaimer
Trading and investing in cryptocurrencies involve significant risk and may result in substantial losses. This content is provided for informational purposes only and does not constitute financial advice. Cryptocurrencies are highly volatile and influenced by various market conditions. Always perform your own research, consider your risk tolerance, and consult with a qualified financial advisor before making any investment decisions. Past performance is not indicative of future results.
XPRUSD View!!Crypto-native travel bookings platform Travala has integrated with Solana, the fourth-largest blockchain by market cap, expanding support to its third network beyond Ethereum and BNB Chain.
Travala CEO Juan Otero announced the news during a panel discussion at Solana Breakpoint in Singapore on Saturday. The integration will allow users to book flights, hotels and accommodation with Solana-based assets, including SOL, USDT and USDC, among others.
BTCUSD View!!Bitcoin’s price run after the Fed’s rate cut was halted at $64,000 and the asset was pushed down by around a grand.
The altcoins are also in the red on a daily scale, with the biggest corrections coming from the likes of TON, AVAX, and NEAR from the larger caps.BTC Down to $63K
Bitcoin started the business week with a correction that drove it from over $60,000 to under $58,000 on Monday. It was expected to be a highly volatile week for the asset as the US Federal Reserve had a meeting on Wednesday to discuss a reduction in the key interest rates.
In the hours ahead of the event, BTC skyrocketed to over $61,000 but went on arollercoasteronce the US central bank indeed cut the rates by 0.5% on Wednesday. Nevertheless, thebullsprevailed and initiated another massive leg-up that drove the cryptocurrency tojust over $64,000yesterday, which became its highest price tag in over three weeks.
Buy Trade Idea for GOLD Description
Gold (XAU) continues to be a strategic asset for investors, offering a range of strong fundamentals that make it an appealing buy opportunity:
- **Safe-Haven Asset:** Gold has long been viewed as a safe-haven asset, especially in times of economic uncertainty, geopolitical tensions, and market volatility. It provides a hedge against the instability of fiat currencies and global financial markets.
- **Inflation Hedge:** Historically, gold has performed well during periods of high inflation. As inflationary pressures rise globally due to factors like monetary policy and supply chain disruptions, gold offers protection against the eroding value of currencies.
- **Central Bank Policies:** With global central banks managing inflation and currency stability, interest rate decisions and monetary easing often contribute to rising demand for gold. A dovish policy typically weakens fiat currencies, boosting gold’s appeal.
- **Supply Constraints:** Gold is a finite resource, and production constraints can limit its supply. This scarcity, combined with ongoing demand, can support its price in the long term.
Given these strong fundamentals, gold remains an attractive buy for investors looking to protect their portfolios and capitalize on its status as a reliable store of value.
Disclaimer
Trading and investing in gold involve significant risks and may not be suitable for all investors. The content provided here is for informational purposes only and should not be considered financial advice. Gold prices are influenced by a variety of market factors, including global economic conditions, central bank policies, and geopolitical events. Always conduct your own research, assess your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
due for a pull back? 10 years ago today the market started a move down that was 10% and lasted 20 days. this might seem insignificant but that was the biggest move down of that year.
Below are some rules to this game as explained by gann.
The stock market moves in 10-year cycles, which is worked out in 5-year cycles -- a 5-year cycle up and a 5 year cycle down.
Rule 1: Bull or bear campaigns do not run more than 3 to 3 1/2 years up or down without a move of 3 to 6 months or one year in the opposite direction. Many campaigns culminate in the 23rd month, not running out the full two years. Watch the weekly and monthly charts to determine whether the culmination will occur in the 23rd or 24th month of the move, or in the 34 to 35, 41 to 42, 49 to 60, 67 to 72, or 84 to 90th months.
Rule 2: A Bull campaign runs five years; 2 years up, 1 year down, and 2 years up, completing a 5-year cycle. The end of a 5-year campaign comes in the 59th or 60th months. Always watch for the change in the 59th month.
Rule 3: A Bear cycle runs five years down. First move 2 years down, then 1 year up and 2 years down completing the 5-year down swing.
Rule 4: Add ten years to any top and it will give you another top of a 10 year cycle with about the same average fluctuations.
Rule 5: Add ten years to any bottom and it will give you the next bottom of the 10-year cycle and of the same kind of a year and about the same average fluctuations.
Rule 6: Bear campaigns run out in 7-year cycles, or 3 years and 4 years from any complete bottom. From any complete bottom of a cycle first add 3 years to get the next bottom; then add 4 years to get bottom of 7year cycle.
Rule 7: From any complete top add three years to get the next top; then add three years to the first top, which will give the second top. Add four years to the second top to get the third and final top of a 10-year cycle.
Rule 8: Add five years to any top, will give the next bottom of a five-year cycle with about the same average fluctuations. In order to get tops of a 5-year cycle, add five years to any bottom and it will give the next top with the same average fluctuations. 1917 bottoms of a big bear campaign - add five years gives 1922 top of a minor bull campaign. Why do I say 'Top of a Minor Bull Campaign'? 1919 was top - add five years to 1919, gives 1924 as bottom of a 5-year Bear cycle. Refer to Rule 2 and 3, which will tell you that a Bull or Bear campaign never runs more than two years in the same direction.
The Bear campaign from 1919 was down two years - 1920 and 1921: therefore, we can only get a 1-year rally in 1922; then two years down - 1923 and 1924, which completes the 5-year Bear cycle. Now, look back to 1913 and 1914 and you will see that 1923 and 1924 must be Bear years to complete the 10-year cycle from the bottoms of 1913 and 1914. Then note 1917 bottom of a Bear year, add seven years and it gives 1924 also as bottom of a Bear cycle.
Rule 9: How to make up Annual Forecasts for any year. Take ten years back and the future year will run very close to the last 10-year cycle. For instance -1932 will run like 1902, 1912, and 1922.
There is a major cycle of 30 years, which runs out three ten-year cycles. The 10-year cycle back from the present and the 20-year cycle have the most effect on the future. But in completing the 30-year cycle, it is best to have 30 years past records to check up to make up a future forecast. For instance: In order to make up my 1922 Forecast, I check 1892, 1902, and 1912, and watch for minor variations in monthly moves. But I know that 1922 will run closest to 1912. However, some stocks will run close to the fluctuations of 1892 and 1902. Remember each stock works from its own base or from its own tops and bottoms, and not always according to Average tops and bottoms . Therefore, judge each stock individually and keep up weekly and monthly charts on them.
Rule 10: Extreme Great Cycles. There must always be a major and a minor, a lesser and a greater, a positive and a negative; that is why stocks have three important moves in a 10-year cycle, two tops three years apart and the next one four years. This works again the five years moves, 2 years up and 1 year down, then 2 years up - two major and one minor move. The smallest complete cycle or workout in a market is five years, and 10 is a complete cycle. Five times ten equals 50, which is the greatest cycle. At the end of a Great Cycle of 50 years, extreme high and low prices occur. Go over past records and you can verify this.
The number '7' is the basis of time, and a panick occurs and depression in the stock market every seven years, which is extreme and greater than the three-year decline. Note 1907, 1917, etc. Seven times seven is fatal, which makes 49 years, and causes extreme fluctations in the 49th to 50th year. Remember that you must begin with bottoms or tops to figure all cycles, whether major or minor. Extreme fluctuations also occur at the end of a 30-year cycle as you can see by going back 30 to 50 years.
Rule 11: Monthly moves can be determined by the same rule as yearly; i.e., add three months to a bottom, then add four, making seven, to get minor bottoms and reaction points. But remember in a Bull market a reaction may only last two or three weeks; then the advance is resumed. In this way, a market may continue up for twelve months without breaking a monthly bottom. In Big up swing a reaction will not last over two months, the third month being up, the same rule as in yearly cycle - two down and the third up. This same rule applies in Bear markets -rallies not lasting more than two months. Most moves run out in six to seven weeks. Seven days in a week, and seven times seven making 49 days, a fatal turning point. Always watch your annual trend and consider whether you are in a bear or Bull market. Many times when in a Bull year, with the monthly chart showing up, a stock will react two or three weeks, then rest three or four weeks, going into new territory and advancing six to seven weeks more. Always consider whether or not your big time limit has run out before judging a reverse move, and do not fail to consider your indications on time both from main tops and bottoms.
Rule 12: Daily Charts: The daily swing runs on the same rules as yearly and monthly cycles, but of course it is only a minor part of them. Important daily changes occur every seven and ten days. During a month natural changes in trend occur around the 6th to 7th, 9th to 10th, 14th to 15th, 19th to 20th, 23rd to 24th, 29th to 31st. These minor moves occur in accordance with tops and bottoms of individual stocks. Watch for a change in Trend 30 days from last top or bottom. This is very important. Then watch for changes 60, 90, 120 days from tops or bottoms. 180 days, or six months, is very important and sometimes marks changes for greater moves. Also the 9th and 11th months from tops and bottoms should be watched for important minor and often major changes.
A daily chart gives the first short change, which may run for seven to ten days, the Weekly the next important changes in trend, and the month the strongest. Remember weekly moves run three to seven weeks; monthly 2 to 3 months or more, according to the yearly cycle, before reversing.
It is important to note whether a stock is making higher or lower bottoms each year. For instance, if a stock has made a higher bottom each year for five years, then makes a lower than previous year, it is a sign of a reversal and may mark a long down cycle. The same rule applies in stocks that are making lower tops for a number of years in a Bear market.
Study all the instructions and rules I have given you. Read them over several times, as each time they will become clearer to you. Study the charts and work out the rules in actual practice, as well as on past performance. In this way you will make progress and will realize and appreciate the value of my method of forecasting.
Buy Trade Idea for Verasity (VRA)Description
Verasity (VRA) is a promising cryptocurrency in the digital entertainment space, offering innovative solutions to challenges in the online video, esports, and ad-tech sectors. Key fundamentals that make Verasity a strong contender for a buy trade include:
- **Revolutionizing Online Content:** Verasity provides blockchain-based technology designed to enhance video monetization and viewer engagement through its proprietary Proof-of-View (PoV) system. This unique system combats ad fraud and ensures that views are legitimate, increasing the trustworthiness of content and advertising.
- **Esports and Gaming Focus:** Verasity has a significant presence in the fast-growing esports and gaming industries, leveraging its technology to enable transparent rewards for players and viewers, as well as efficient tournament hosting.
- **Growing Adoption and Ecosystem:** Verasity is forging partnerships with major platforms and advertisers, positioning itself as a leader in blockchain-based ad-tech solutions. The increasing adoption of VRA tokens in these industries signals strong long-term potential.
- **Token Utility:** The VRA token is integral to the ecosystem, used for staking, rewards, and transaction settlements, which drives its demand as the platform grows.
Given these innovative applications and growing use cases, Verasity presents a compelling buy opportunity for investors looking to tap into blockchain's integration with digital entertainment and ad-tech.
Disclaimer
Cryptocurrency trading involves significant risks, including the potential for loss of capital. This information is provided for educational purposes only and should not be considered as financial advice. Verasity and its ecosystem are subject to market volatility, regulatory changes, and technological developments that can affect the value of the VRA token. Always perform your own research, assess your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
$BTC SHORT Looking at the BTC/USD 4H chart, we are approaching a critical resistance level at $64,304.62, highlighted as a potential rejection zone. Bitcoin has experienced a strong bullish rally leading up to this level, but momentum appears to be fading as price consolidates near resistance.
Key Insights:
Resistance: The $64,300 zone is a historical resistance level, which previously acted as support in the past. Now, it presents a significant challenge for bulls to break through.
Short Entry: Current price action is consolidating below this key level, making it a prime opportunity for a short position. The bearish rejection from the resistance suggests a potential retracement.
Risk Management: Stop-loss is ideally set just above the resistance at around $65,400, minimizing downside risk in case of a breakout.
Target: The first take profit level is set near the $52,562 mark, which aligns with a previous support level and is a key psychological zone. This offers a favorable risk-to-reward ratio.
Analysis:
With weakening momentum at a strong resistance level and broader market indecision, this setup indicates a high-probability short opportunity. Traders should monitor the volume closely as rejection near this level can lead to increased selling pressure.
Actionable Signal: Initiate a short position with a stop above $65,400 and a target at $52,560. Stay cautious of any sharp breakouts beyond resistance.
This setup offers a solid R
opportunity for swing traders looking to capitalize on a corrective move
Buy Trade Idea for GASDescription
GAS is the utility token that powers the NEO blockchain, and it plays a crucial role in facilitating transactions and smart contract execution. Here are the key fundamentals that support a potential buy trade for GAS:
- **Core Role in the NEO Ecosystem:** GAS is essential for paying transaction fees, executing smart contracts, and enabling decentralized applications (dApps) on the NEO blockchain. As NEO continues to evolve, the demand for GAS is expected to grow.
- **Growing dApp Adoption:** The NEO ecosystem is gaining traction with an increasing number of decentralized applications, which drives the demand for GAS to fuel these operations.
- **Scalability and Speed:** With recent upgrades to the NEO network, the platform can handle a higher transaction throughput, which further increases the utility of GAS in processing fast, efficient transactions.
- **Sustainability Focus:** The NEO blockchain is committed to reducing its carbon footprint, and GAS plays a role in the energy-efficient operations of the platform, aligning with the growing trend of sustainability in blockchain technology.
These factors make GAS an attractive investment opportunity, particularly for those who believe in the long-term potential of the NEO blockchain.
Disclaimer
Trading and investing in cryptocurrencies involve significant risk and can result in substantial losses. The information provided here is for informational purposes only and should not be considered financial advice. Cryptocurrencies are highly volatile, and their values can fluctuate widely based on market conditions, regulatory developments, and other factors. Always conduct your own research, assess your risk tolerance, and consult with a qualified financial advisor before making any trading decisions. Past performance is not indicative of future results.
Buy Trade Idea for COTIDescription
COTI (Currency of the Internet) is making waves in the crypto and fintech space with its unique focus on providing scalable, fast, and secure payment solutions. Below are the key fundamentals supporting a buy trade for COTI:
- **Next-Generation Payment Network:** COTI is designed as a fully encompassing fintech platform, enabling organizations to build their own payment solutions and digitize any currency, ensuring scalability and speed.
- **Innovative Trustchain Algorithm:** COTI uses a unique Trustchain consensus algorithm, reducing transaction costs and increasing the speed and volume of payments, making it ideal for both retail and institutional use cases.
- **Strong Use Case in Decentralized Finance (DeFi):** COTI is positioned as a key player in the DeFi ecosystem, facilitating seamless transactions and offering advanced DeFi services through its platform.
- **Strategic Partnerships and Adoption:** With growing partnerships, including integrations with leading payment processors and global organizations, COTI is gaining traction and increasing its market presence.
Given these fundamentals, COTI presents a compelling buy opportunity, driven by its strong position in the payments and decentralized finance sectors.
Disclaimer
Trading and investing in cryptocurrencies involve significant risks and may result in substantial losses. This content is provided for informational purposes only and should not be considered financial advice. Cryptocurrencies are volatile and influenced by a variety of market and economic factors. Always conduct your own research, assess your risk tolerance, and consult a financial advisor before making any investment decisions. Past performance is not indicative of future results, and market conditions may change unexpectedly.
Technical Review – ATP Corporation Corp, 20th September 2024Following the compliance of ATP Corporation Corp (NASDAQ: ATPC) on NASDAQ requirements, the share price had seen strong upside, followed by a profit taking exercise. However, judging with the lower traded volume from yesterday, ATPC is likely to enter a small consolidation phase around $1.900 to $2.000 level. We see this as a fantastic opportunity for investors who wants to accumulate or build position at the current level.
The RSI inverted indicator, as shown at the bottom, shows a neutral momentum at the moment for ATPC.
September 20 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.
Here is the Bitcoin 30-minute chart.
There is no separate Nasdaq indicator announcement today.
In the section with a high possibility of sideways movement,
I created today's strategy centered on Tether dominance.
*One-way long position strategy when the red finger moves
1. $62,924 long position entry section / stop loss price when the green support line is broken
2. $64,272.5 long position 1st target -> Top, Good, Great
Target price in order during the weekend
If the strategy is successful,
You can use additional long positions in the wave section that proceeds from the last red finger.
The movement within the orange resistance line / green support line
is an extreme sideways market.
From the breakthrough of the 1st section at the top, it is an upward trend section.
From the touch or breakout of the 2nd section at the bottom,
It can fall to the next pattern, the 1+4 section, Bottom.
Please check the 3rd price support line at the bottom until the weekend.
Up to this point,
I ask that you simply use my analysis for reference and use only
I hope that you operate safely with the 6 principles of trading and the stop loss price.
Thank you.
BITCOINbitcoin is going up just have a look using the waves strategy to get a good start and then we will get you a good time to come back and take a shower but if he doesn't get to know you and I have been doing well with my family this week I will be there in about an afternoon or so I can 👌 if I need