It is expected that this currency pair will start to fall after a little growth until it reaches the set limits
Bitcoin's has practically not moved over the last two weeks. Zooming out, BTC has been trading within a bearish channel since the start of March. I've made several bearish posts before, where I expected the halving to turn out to be a sell-the-news event. Thus far, that expectation has not really played out yet, which is good for the bulls. We cannot deny the...
The New Zealand dollar will soon start a downward trend in the 4-hour time frame. which is to complete the D wave piece from a triangle on the edge
just random analysis based on support and resistance based on psychology.
In this analysis I want to take another look at Bitcoin's performance after the halving. As known by now, Bitcoin halvings have always led to a massive pump in Bitcoin's price. My expectation is that this halving won't be any different. Yes, I've mentioned a couple of times that I see a decent probability for the halving to be a sell-the-news event, since we...
The cup and handle scenario is working out! Ready?
In this signal I'm going to combine two important reversals: - The daily RSI on GRT has hit oversold for the first time since September 2023. Daily oversold RSI's are amazing buying opportunities during bull-markets. - The price retested the bear-market highs of ~0.23 from back in January 2023 as support. This might be the final bearish move in the next few...
Today, gold continues its upward momentum, eyeing the $2,400 milestone. Fueled by a weakening U.S. Dollar and subdued Treasury yields, gold remains a safe haven amidst global uncertainties. However, attention turns to Federal Reserve policymakers whose upcoming speeches may sway market sentiment. Stay tuned for key economic data releases and policy whispers...
Hello traders! The pair XAU/USD has increased to historically high levels at (2430.00). In my opinion, the price has to decrease to (1840.00). Fast movements can be expected. Be careful! Patience is the main key to success. Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
With BTC trading bearish over the last few weeks, alts have taken a big hit. MATIC is one of the alts who has practially lost all the gains over the last half year in a matter of weeks. However, MATIC has found support on the main bear market support (purple). This signal is based on the idea that the support will hold and that both alts and BTC will reverse from...
In this analysis we're going to discuss a very simple trading strategy that will suit your long-term portfolio: buying into extreme weakness. As seen on the chart, Bitcoin has only been oversold on the daily RSI on three occassions over the past 1.5 years. Every single time this occured it proved to be an extremely profitable entry point. With Bitcoin seeing...
In this analysis I want to take a look at one of my more popular indicators; Bitcoin's Logarithmic Price Bands. In case you want to know more about this indicator, please check out the link on the bottom of this post. Back in March I made an analysis with the same title, where I argued that Bitcoin had entered an area of danger (the yellow mid band of the...
Normally I don't look that much at moving averages because they are largely lagging indicators. However, sometimes the indicator shows a strong divergence. As seen on the chart, the 200 EMA has offered strong support on the way up, but has now caused a strong rejection, making way for the bears to push the price further down. Like mentioned in the analysis...
Hello guy's what you say about NZDJPY Pair ? in my view .. From the analysis provided, it's evident that a break of structure followed by the formation of an inducement has occurred. The current rejection from moving below previous lows indicates the potential formation of a demand zone. This observation aligns with the prevailing four-hour trend, suggesting a...
As of this week, the Bitcoin Dominance (BTC.D) has broken out of a 6-month consolidation period. This means that money is flowing out of altcoins into Bitcoin again. It's difficult to predict how high BTC.D will go, but I think we can make a an educated guess by looking at the diagonal purple resistance. Historically, bull-markets (especially for alts) started...
📈 Gold Analysis Based on MW Wave System/Strategy 📉 According to the MW wave system/strategy, the target for XAUUSD is fib -1.382, suggesting a potential rise to around $2400. Furthermore, if the price breaks above the levels of 2424 and 2427, there is a strong possibility of further upside momentum, with targets set at 2343 and 2347 respectively. This analysis...
📈 Exciting News: Gold Analysis Hits Target Successfully! 🚀 I'm thrilled to share that our recent gold analysis has hit its target successfully! According to the MW wave system/strategy, we identified a target for XAUUSD at fib -1.382, suggesting a potential rise to around $2400. Even better, we've seen the price break above key levels at 2424 and 2427, opening...
Based on the positive economic data from the US session last week, it appears that the US Dollar is currently at a strong level and poised for potential long-term highs. However, it's important to exercise caution and closely monitor the currency's movements. Observing recent trends, the US Dollar has approached the top trend line twice but has yet to break...