Correction before the rise of Bitcoin. D1 26.11.2024Correction before the rise of Bitcoin 📈
After Trump's victory, crypto is on everyone's lips, in particular bitcoin. A little bit not reaching the psychological level of 100k, the price began to correct. Judging by the structure of the movement, I expect that the downward movement is not a reversal, but a correction and rebound to 100k is ahead of us. Now there is a strong buyers' zone 88700-91900 on the way of fall, from which I expect the continuation of growth. The monthly profile of accumulation also falls into this zone. Perhaps a little false break of the zone will try to make, but in general the area is strong and we are waiting for 100k mark till the end of the year, and further on according to the situation.
BINANCE:BTCUSD
Kovachtrader
NaturalGas enters resistance zone. H4 25.11.2024⛽️ NaturalGas enters resistance zone 📉
On gas the price has entered the zone of strong resistance 3.51-3.63 from which I expect a new exit of the price down. Now on the comeback a false break above is possible, but in general the zone for selling is strong. I aim for a bounce down to 3.0 and 3.15, and there will clarify. The main support is near 3.0 and there is the boundary of the ascending channel from which they can bounce up again.
FX:NGAS
Working off the fall of Silver. H4 26.11.2024Working off the fall of Silver 📉
Silver continues to fall, which I showed in the last analysis . On Monday we got a pushing volume down and if they give a new pullback, I advise to sell with targets around 29 and below. There is still potential for decrease. Major volumes remained up, major segment is also overlapped down and DPOC contract near 31.30 accumulated which gave a reaction down.
CAPITALCOM:SILVER
Correction Silver and rebound down. H4 15.11.2024Correction Silver and rebound down 📉
Silver is now forming a correction from the zone from the last analysis ,
but I believe the overall trend down is not complete. Since a major pattern
Repositioning to sell has been made, a correction is forming within the pattern
and then rebounding lower. Now the correction is possible to the sellers' zone
31.10-31.56, maybe a little higher is a false move. In terms of rebound down
I am oriented to the area of 28.50, but it will be corrected depending on the size
of the correction. Gold is also in fall and often silver is pulling the fall.
CAPITALCOM:SILVER
DXY reached the critical resistance zone. H4 15.11.2024 DXY reached the critical resistance zone 📉
Honestly, I didn't think they would push the dollar index to the final zone near 107
without a pullback, but they still did. Now they gave a clear reaction downwards
and it is very possible that the correction has started. Of course, we cannot deny
the possibility of retesting the highs and then continuing the fall, but in general,
the first signs of reversal and culmination have already appeared. It is very desirable
to close the week below 106.30 and then the idea of a false
breakdown of the 2-year highs will be confirmed.
TVC:DXY
DXY makes it to the most important resistance zone.H4 12.11.2024💸 Dollar Index DXY makes it to the most important resistance zone 📉
The dollar index still managed to break through to the most important resistance zone 105.80-106.35 from which I expect a medium-term reversal. Honestly, I didn't think it would be pushed to it, but as it is. Other currencies against the dollar have almost reached their reversal zones, lacking the final rebound. As for me, the level of 106 on the index and the area near it is strong. The situation is a copy of 2016, when the index was also pushed hard, and then a long-term reversal was made to weaken it.
TVC:DXY
Is the DXY dollar index ready for a correction ? H4 08.11.2024💸 Is the DXY dollar index ready for a correction ⁉️
Looking back to 2016 when Trump first became US President, the dollar index initially reacted with a sharp rise and then a prolonged fall. I wonder if history will repeat itself again or if the market will take his second presidency more calmly in the distance.
DXY formed a sellers' zone at 104.80-105.16, but the far resistance zone at 106 remains intact. It's not a sure thing that it will get there, but I keep the option in my head just in case. The priority for me is to fall from the nearest sellers' zone with the targets of 103.30 and lower to 102.30. I will specify in the process.
TVC:DXY
Correction Silver. H4 07.11.2024Correction Silver 📉
In silver, I expect a correction deeper to the final zone of 29.70-30.10 where significant option fills and double margins fall into. Therefore, we should be prepared for a deeper correction in silver, especially on the back of the gold decline, which usually catches up with silver with a small lag. Of course, we can't exclude the growth from current levels, but the conditions are weak.
CAPITALCOM:SILVER
WTI is targeting growth again. H4 05.11.2024🛢 WTI is targeting growth again 📈
Oil is looking at a possible pattern for a segment overlap to the upside in which we will again target a major upside. Price is now approaching the control margin at 73 and from there a local correction may be made and then growth will continue. Major volumes have stayed down and have been buybacks. Also OPEC+ have postponed the increase in oil production which will further support it.
BLACKBULL:WTI
Correction Gold. H4 04.11.2024Correction Gold 📉
On gold, I expect a deep correction to the buyers' target zone of 2637-2666.
Just above the zone is the margin and also hits a strong accumulated volume
profile on the rise. Together these factors give a high probability of a price
bounce if it can reach the zone. From the current 2730 from 1/2 of the margin
a bounce is also possible, but given the importance of the current week,
the US elections on 5 November and the Fed rate on 7 November, we should
consider the possibility of a deeper correction.
CAPITALCOM:GOLD
Rebound Silver up. H4. 29.10.2024Rebound Silver up 📈
In silver, the price corrected rather weakly and went further up to rebound to the strategic resistance at 35.50. After that I expect a downward correction, but not a major reversal. Judging by the options, the strategic expectations are around 37.50 and that is where a major reversal down may come. Now 35.50 looks like an intermediate correction.
CAPITALCOM:SILVER
Correction Silver H4. 24.10.2024Correction Silver 📉
The correction in silver started a bit earlier than the expected zone, so I'm clarifying the situation. Buying zone is important at 31.31-32.17 and slightly above the margin with support level. I am still aiming for 35.50 and higher after the end of the pullback. There were no strong culmination volumes at the top, so it is more likely that a pullback is forming downwards.
CAPITALCOM:SILVER
New correction Bitcoin D1.23.10.2024New correction Bitcoin 📉
The last analysis of bitcoin worked out perfectly with targets
reached around 69k. Now I expect a new correction to the area
of 62k-64k buyers zone and from there new buys with the aim of
overhigh and possible retest of historical resistance 74k. This is not
a one week affair and therefore the growth process may be extended
till the end of the year with possible consolidation.
BITSTAMP:BTCUSD
Waiting for #DXY correction H4. 21.10.2024Waiting for #DXY correction 📉
The dollar index has reached a strong daily sellers zone 103.63-104.23 and from this range I expect a downside exit. Special attention to the level 103.90 which is the border of a strong segment of accumulation in the past. It is logical to rebound above and enter the middle of the zone, and there we will consider reversals for the dollar and other currencies relative to it.
TVC:DXY
Waiting for the DXY correction H4. 17.10.2024 Waiting for the DXY correction
Ahead of the ECB meeting, the dollar index has reached a strong rotation level of 103.57 and the main question is whether there will be a reaction and correction downwards! There is also a spare resistance level at 104.20 and I do not rule out reaching it and then a serious correction to at least 102.28. There will definitely be volatility and it is important to watch the reaction through other currencies.
TVC:DXY
Correction USDJPY. H4 11.10.2024 Correction USDJPY 📉
The Japanese yen has reached the local resistance level of 149.40 and after a false breakdown I expect a correction downwards. The correction may go to the 1/2 margin zone 146 or to the strong buyers zone 143-144.50 from which I will also look for a bounce upwards. I believe that the general upward movement is not finished yet and the expected decline will be corrective.
OANDA:USDJPY
Holding WTI buys. H4. 10.10.2024🛢 Holding WTI buys
On oil in a private channel gave a zone for buying at 72.20.
I myself bought a little higher at 72.50,
but the accuracy is small, but the result is already there.
I will hold the buy until the take profit at 80 with intermediate
fixation of 50% at 78. If there will be another escalation of the conflict
between Israel and Lebanon on the weekend, as well as natural cataclysms
in the USA, it will be a positive signal for oil, as it will prevent the delivery
of oil products. So buy hold and squeeze with private channel subscribers
with it profit to the fullest.
BLACKBULL:WTI
Rebound correction Silver. H4 09.10.2024Rebound correction Silver
Silver made a reversal downwards, which I wrote about in the last post Now the price has approached the margin zone and local support 30.20 from which they can make correction upwards. However, I believe that the fall will continue to the strong support zone 28.06-28.86 and in this zone I will look for culmination and a buy signal. Also, silver is now trading in the past profile accumulation area and if there is no reaction up, it will confirm the thoughts of a deeper decline.
CAPITALCOM:SILVER
Correction and rebound down EURUSD. H4 08.10.2024Correction and rebound down EURUSD
The euro has pushed down and formed a sellers zone at 1.1045-1.1085 from which I recommend to look for selling on the fall to the margin and option support at 1.0880. Also 1/2 margin zone falls into the sellers' zone and judging by the growing cumulative on the price drop, we will continue to fall after the pullback, so I do not change the priority. Keep in mind that within the medium term this is a general downward correction as the more global up trend continues.
OANDA:EURUSD
Dollar Index rebound DXY higher. H4 07.10.2024 Dollar Index rebound DXY higher
Last week I was expecting a reversal of the dollar index up through a rebound lower. However, decided to go higher without a rebound on a more classic accumulation breakdown pattern. Now we came to a strong resistance level 102.30 from which I expect a corrective bounce down and then continued growth to the next resistance 103.06-103.35. A pullback is possible around 101.70+-.
TVC:DXY
Continued growth Silver. H4 25.09.2024Continued growth Silver
Silver is still prioritised for growth to 33, but may pullback before that. The nearest strong zone for buying is 30.60-31.17 where 1/2 margin falls and I recommend to look for overhigh 32.50 with a potential target near option resistance 33. Strong volume accumulation also falls into the zone and strengthens it.
Technical analysis of Bitcoin. D1 21.09.2024Technical analysis of Bitcoin
On bitcoin, I have said many times on webinars that when the Fed rate is cut, the priority will be up for an overhigh. Now on the daily chart, the price has made a segment overlap upwards and formed a buyers zone. The correction may go to 57k-60k and then up to test highs near 70k. I do not expect a major fall on the background of the rate cut.