Money
Ethereum CHAOS £100 Next?Ethereum cost drops lower as the current week's misfortune matches back the increases from a week ago.
ETH cost is set to proceed with its decay going into the following week.
With the mid-year, the money departure proceeds, and the ETH cost is in danger of falling toward £470.22.
Ethereum (ETH) cost is disappointing dealers attempting to focus on any break underneath £824.95 to get the cost activity and be important for a meeting that will swing them back to all-time highs into the following year. Nonetheless, that isn't how it works in exchanging, and positively not in cryptographic forms of money. Taking a gander at a week-after-week graph the £824.95 marker holds no significance and either needs a bob off $570 or a break above $1,404 before brokers can begin taking positions.
ETH cost holds 45% space to the drawback
Ethereum cost sees dealers consuming a ton of money to attempt to exchange around £824.95 to use as section level for a convention. Taking a gander at the more extensive time, it pays off to see and find that although it is a mental level, it holds no bearing at all. All things considered, it's smack in the center between £1158.69 for the potential gain and the disadvantage. With bulls consuming money, bears can undoubtedly neglect to move and watch cost activity drop further in their favor.ETH cost will tank further and could certainly still cover another 45% of space to the drawback before a huge essential level gets reached at £470.41. The new month-to-month S1 support level at £533.96 could currently be a sandbox where bears begin offloading and shutting their short positions. The message here is that bulls should make an effort not to impede the low steam roller that will crush any bull out of this endeavor to get the plunge instead of sitting tight for the bob. As currently referenced, bulls that need to be important for a more drawn-out term rally will rather need to trust that a solid bullish sign will arise. That could be conveyed once cost activity pops above £1158.69 and potentially break the red plummeting pattern line. With that move, the room gets up to £1393.07 in an underlying stage and next £1591.14, playing with £1650.56.
AUDUSD - WaitingHello everyone!
It's Friday and most likely nothing major will happen in the markets at the moment, I'll be focusing on crypto trading over the weekend, however I'll be waiting here for those marked green levels to hit and once they're hit I'll be focusing on selling, but it all depends!
The price may turn around right now or it may continue to fall. If it turns, these green zones will be of good quality for me to sell, and if the price continues downward, the less value they will have for me on this H4 time frame.
Let's be surprised by what next week will bring us :)
EURUSD where to go next? 0250 or 0750?Hello traders how are you today. I see two scenarios for EURUSD Long and short. I'm trusting the shorts more than the longs because the structure indicates that a new Low can possible be created. I also like the way the Exponential moving average is actually holding the price bellow it. 1.0750 or 10250. I will go for 1.0250. If the structure changes I will update the idea.
EUR/USD Long Opportunity Price on the 15 Min chart has just tapped into a previous demand zone / OB area. I'm looking for price to mitigate the 50% level of this demand and bounce from it. The SL is just below the zone (12 Pips) incase price wicks down to mitigate the local low and claim this liquidity before a larger push up as this is quite a likely scenario which I want to be safe from. My target is the Equal highs which is storing a lot of downside liquidity which must be mitigated before a continuation downwards.
Bitcoin or BUTT-Coin :) SELLIf the red trendline is any good (with 30 years of being in the financial markets doing economieetrics / fundamentals and asset allocation), then we are in for major shockS / disappointments in teh financial markets in the coming quarters.
BUTT Coin is the posterboy of what is wrong with teh current financial system / CENTRAL bANBKETS / GEN X / GEN Z / MILLENIALS / Value of Money / etc.
USDCAD are you taking a break to sell?Hello traders, we found a downtrend on H4 usdcad accordingly with the structure that was broken. we have a fib level of 50 and 61.8 waiting to be tested to meet the sellers on this pair. It can possible generate a sell trade if, a bearish reversal candlestick pattern come through the zone of 50 and 61.8 fib closing bellow EMA.
XAU/USD Chart Analysis 1HRChart Analysis - 1Hr general outlook. I see price coming into the Weekly Low and then pushing to the upside to mitigate the push down from today 27-06-22 and then tap into the supply zone on the 1Hr and 4Hr which correlate and push down to clear the liquidity from the push up I'm anticipating.