Bullish What's going on with IDEA/USDT?50 & 200 about to cross
Volume Steadily Increasing
Rebounding from the .5 fib
Low Market_Cap with High Potential
If you zoom out with this one you can see since the price bottomed out it's been at a record high volume leading me to believe something is going on with this token that we're gonna find out later in time
NEWS
$CRCW Crypto Co. Moves .0008-.018 back to .0016 Ready for Nxt LgAs the price of CRYPTOCAP:BTC continues to rise again the price of OTC:CRCW one of the first crypto companies on the OTC and an OG in the space began moving again. The company, which the CEO purchased 31,000,000 common shares about 2 weeks ago has been quiet for some time but recently began dropping filings again. The anticipation of what could be in store has brought traders back to take another hard look at it.
The potential during this next bull run is massive imo. The company which currently has an O/S of 450,000,000 with 67,000,000 restricted as of recently in December and a 12,000,000 float as of March 2023 has never had a R/S in its existence and had one 10:1 Forward Split several years ago, which makes this entire situation even more bullish.
Obviously there was some dilution along with the usual traders dumping their loads on the last run, however it seems the dilution has dissipated once again and it is now ready for round 2.
PPS goal on this round is to break the last ATH but with a more consistent and steady run up.
Gold to 2300$ ? ( XAUUSD Next Move ) After all analysis I have made and 2022-2023 events , the yellow metal TVC:GOLD breaks his highest resistance ever , this week as expected due to the bearish divergence . OANDA:XAUUSD have corrected to his new highest support , so I took long trades from 1982$ zone and my first target is 2120$ , then others are 2300$ . Let's catch up on high traders ;)) !!
KO Buy the Bad News LongKO which as been in an uptrend corrected today due to the news of a 2,000 case recall for
a Salmonella infection scare. This is a gram-negative bacteria which causes bloody diarrhea
and can lead to sepsis shock and death ( for any with a medical background) The sell off of
about 1.5 % was abrupt with high volumes. I see this as a buying opportunity, Moreover on
the rebound reversal, those who sold short will be buying to cover to cash out for the
end of the week. Others like me will look to add to their existing positions. Overall, a short
squeeze could get underway and a momentum pump occur. I see a quick return to the previous
price over a week or less. I will add to my significant call option position in KO at a discount.
The subtle MACD cross under on the zero lag indicator is a tip off here. For those who like to
wait the flip of volatility from selling to buying and then over the moving average line is a
secondary reassurane albeit a little late.
Integrated Analytics 💲 Unveil Dollar TrendsIntegrated Analytics 💲 Unveil Dollar Trends
Dear Respected Members, Speculators, and Traders,
My AI's advanced pattern recognition detected the green rising channel chart pattern, concealing a potential bearish retracement signaled by the bearish MACD and negative RSI with a bearish cross below. Ensembling predicts a retracement to 103.78, the channel's support. Multiple scenarios may unfold, with DXY rallying to the 104.27 resistance or continuing a bearish trend if the support breaks. News Trading Strategies, aided by AI's Neural Language Processing bots, align with recent reports:
Dollar weakens as Fed rate cut view weighs: DXY fell 0.2% to 103.20, anticipating a monthly loss exceeding 3%, attributed to expected Federal Reserve rate cuts.
Crack in US dollar strength to spread as economy slows: FX strategists foresee continued dollar weakening amid a slowing US economy, reflecting global concerns (Reuters, Nov 8, 2023).
U.S. Dollar Index weakens post 20-year high: A decline of over 8% from its September peak is attributed to factors like a stronger euro and a sluggish US economy (Axios, Dec 9, 2023).
These align with sentiment analytics (DSI/DSIE), emphasizing a holistic approach merging AI with news and sentiment tools for enhanced insights.
Disclaimer: Not investment advice; analytics for entertainment. Keep speculation separate from investments.
Best regards,
Ely
$ABQQ CEO Buys another 151 Million Commons Now Owns 14% of O/SHello fellow followers I'm back after a Year and a half hiatus! The markets are pumping again finally in the OTC and Crypto and its time to get back to work and make that money!
My first long term swing trade is OTC:ABQQ
The CEO filed a form 4 today stating he bought an additional 151 Mil commons which puts him owning about 14% of the outstanding commons of OTC:ABQQ which means he's thinking long term and knows what is coming.
Best part about all this though is that he cant sell! SEC rule 144: Min 6mths to 1 year for insider transactions or 5%+ ownership filers = The 151M & 225M from October shares are completely LOCKED.
Now I can write a 50 page essay with all the DD, but I have other things to do today. Just wanted to update you guys quickly before this thing starts to really take off.
Remember $TSNP? Multi-Dollars? Or more recently OTC:CRCW ? 1,000% in a few days? (Although CEO diluted it to shit there.) Same principal here all started with the CEOs buying a ton of supply.
However we have a shit ton of DD and news to back it up here as well:
investorshub.advfn.com
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Visit the above links for more DD! And Happy Trading!!!
Fundamental Shifting of USDJPY's Risk Sentiment Pressures PriceGreetings, Fellow Traders,
Technicals and Chart Explanation
Indicators
Trendline: A trendline is a diagonal line connecting at least two price points, typically peaks or troughs, to determine the overall direction of a trend. In this case, the downward trendline suggests a prevailing bearish trend in USDJPY.
Resistance: Resistance is a price level where upward momentum is likely to stall or reverse. In the USDJPY chart, the identified resistance level could act as a barrier for the price to break through, supporting the bearish outlook.
Downward Pressure: Downward pressure refers to the selling force driving the price lower. In the USDJPY chart, the repeated instances of price retracing toward the trendline and resistance level indicate ongoing downward pressure from bears.
Double Top Pattern: A double top pattern is a bearish reversal pattern formed when the price attempts to break upward twice but fails to surpass a previous resistance level. The double-top pattern observed in the USDJPY chart suggests a potential reversal of the upward trend and a continuation of the bearish trend.
Target Zone: A target zone is a price range that a trend is expected to reach based on technical analysis. In this case, the lower target price at $145.16 represents a potential area where the bearish trend could find support.
Forecast: A forecast is a prediction about the future movement of a price based on technical analysis and market sentiment. In this instance, the forecast suggests a potential continuation of the bearish trend in USDJPY, with the price potentially reaching the lower target zone.
Chart
As a discerning observer of market tendencies, I've identified a potential double top pattern on the USDJPY chart, preceding the recent bearish price action that gathered momentum and drove prices towards lower targets. This observable pattern, depicted above the candle formations, harmonizes with the prevailing downward trendline. Repeated instances of downward pressure exerted by bears, symbolized by the red circles, have guided the USD's descent toward this trendline. Currently, I discern a price range confined between resistance and the lower target price of $145.16. Therefore, I anticipate the potential continuation of this bearish trend.
News and Fundamental Analytics
Japan's Economy Stagnates as Yen Rebounds: Japan's economy, the third-largest in the world, grew at a mere 0.2% annualized rate in the third quarter of 2023, falling short of expectations and indicating signs of stagnation. This subdued economic growth could weigh on the Japanese yen, potentially further weakening USDJPY.
US Economy Faces Recession Fears: The US economy has exhibited signs of slowing growth, raising concerns about a potential recession. If economic conditions in the US deteriorate, the dollar could lose its appeal, contributing to a further decline in USDJPY.
Geopolitical Tensions Weigh on Risk Sentiment: Geopolitical tensions surrounding the war in Ukraine and other global conflicts have dampened risk appetite among investors. This risk-averse sentiment could drive investors towards safe-haven assets like the yen, further weakening USDJPY.
Technical Indicators Signal Bearish Momentum: Technical indicators on the USDJPY chart, such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), suggest ongoing bearish momentum. These indicators could provide further confirmation of the downward trend in USDJPY.
Please note that these observations are intended for entertainment purposes only and should not be construed as investment advice. It is crucial to conduct thorough research and make informed decisions when managing your investments.
Warm regards,
Ely
US Dollar Steadies as Market Awaits Economic Data, Yen SoftensIn early European trading, the US dollar steadied near a one-week high against a basket of currencies, holding at 103.559 on the Dollar Index. This stability follows a period of weakness in November, marked by traders anticipating significant rate cuts by the Federal Reserve in the coming year. However, recent actions have seen a shift in sentiment as investors scaled back on dovish expectations, waiting for crucial economic indicators this week, including job openings, ISM services activity data, and the highly anticipated nonfarm payrolls report on Friday.
Amid this anticipation, the Japanese yen experienced a slight dip against the dollar, trading at 147.08, influenced by concerns over inflation. Tokyo's Core CPI for November showed a decrease to 2.3%, down from October's 2.7% and below the expected 2.4%. The Bank of Japan remains cautious about tightening its monetary policy despite persistent inflation above the 2% target, citing the need for sustained wage growth for long-term inflation sustainability. The BoJ's upcoming meeting in mid-December will be closely watched for any potential policy shifts.
As for the US, focus is on the imminent release of the ISM Services PMI, being for November hovering around 52.7 after October's decline to 51.8. Meanwhile, technical analysis for USD/JPY indicates resistance levels at 148.77 and 147.72, with support at 146.48 and 145.96
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Gold break his highest resistance ever ! (XAUUSD)All technicals shows that OANDA:XAUUSD will keep running higher and higher , fundamentals too as we can see this is a war cycle , first ukraine then gaza those are a real factors that will push the gold higher and higher , the chart shows a strong bulls breakout . For me this week will probably see 2100 !
BEAMX: A New Star Emerges, Aiming for New Highs! 🚀💫Today, let's shine a spotlight on BEAMX, an emerging star in the crypto galaxy. Despite being a newcomer, it's showcasing unmistakable bullish vibes, setting its sights on the $0.5 milestone. Join me as we explore the promising trajectory of this budding coin! 🌌📈
BEAMX's Stellar Prelude:
Genesis of Optimism:
Fresh Arrival: BEAMX has recently entered the crypto scene, but its early performance is signaling a promising journey.
Bullish Aspirations: With an ambitious aim, BEAMX is eyeing the $0.5 level, showcasing a bullish inclination from the outset.
Breaking Free from the Triangle:
Chart Dynamics: BEAMX has gracefully broken free from an ascending triangle, symbolizing a powerful bullish breakout.
Imbalance Residue: Leaving a notable imbalance on the 4H timeframe, the stage is set for a potential retest and continuation of the upward momentum.
Navigating BEAMX's Cosmic Trajectory:
Retest Expectation:
Anticipated Move: A retest of the breakout level is on the horizon, presenting an entry opportunity for traders.
Strategic Outlook: A successful retest may pave the way for a confident push towards the $0.5 target.
BEAMX's Advantage:
Early Indicators of Strength:
Despite its infancy, BEAMX's bullish demeanor signals early strength, attracting attention from traders seeking new opportunities.
Strategic Entry Points:
Traders can capitalize on the imminent retest, strategically positioning themselves for potential gains as BEAMX embarks on its upward journey.
Conclusion:
BEAMX, the rising star in the crypto constellation, is proving that a bold entrance can command attention. Keep a watchful eye on the anticipated retest, as it may unlock a pathway for traders to ride the bullish wave towards the coveted $0.5 milestone.
May your trades be as stellar as BEAMX's ascent in the crypto cosmos!
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XAUUSD US GDP) ANALYSIS🤷hello traders what do you think about this analysis trading ideas 💡😁💡
Gold rallies toward 'golden cross' after defying bearish signal
Nov 29, 202316:08 GMT+5
By Myra P. Saefong
Precious metal trades near highest since May
Gold futures have climbed to their highest prices since May, just eight weeks after a death cross in prices signaled the potential for further weakness.
That marks a shift in the market toward a bullish indicator known as a "golden cross," which happens when a short-term moving average climbs past a long-term moving average.
Gold futures were on track to soon reach that technical milestone. As of Tuesday, most-active futures (GC00) saw the 50-day moving average at $1,947.82 and its 200-day moving average at $1,952.17, according to Dow Jones Market Data. The December gold futures contract (GCZ23) settled at $2,040 an ounce on Comex, the highest finish since May 9.
The gold-backed SPDR Gold Shares exchange-traded fund GLD, however, is much closer to reaching its golden cross. In Tuesday trading, the ETF's 50-day moving average was at $179.70 and its 200-day moving average climbed to $180.12.
"Whether or not gold enters the golden cross, the investment case for gold is strong," said Joy Yang, head of product management and marketing at index provider MarketVector.
Gold Next Move ? (XAUUSD)Investors in Asia, meanwhile, took comments from erstwhile Federal Reserve hawk Christopher Waller as perhaps a signal of another era-shift, as he flagged that U.S. interest rates could be cut in the months ahead.
A rally in bonds and slide in the dollar that has run for weeks in the afterglow of a benign U.S. inflation report extended in Asia in the wake of Waller's remarks.
Two-year Treasury yields fell to a four-month low just below 4.70%. Ten-year Treasury yields hit a two-month low of 4.28%.
Interest rate futures price more than 100 basis points of cuts next year and a 40% chance they begin as soon a March.
The dollar's slide led to multi-month highs for the yen, euro, sterling and Swiss franc against the greenback and sent spot gold, in dollars, to its highest since May.
Euro Ascendancy: Unveiling EURJPY's Resilience Post-TokyoEURJPY underwent a correction at the onset of the Tokyo trading session following the release of Japan's National Core CPI data on November 24, 2023. Despite the data indicating a slight increase from the projected 2.8% to 2.9%, it's crucial to note that this led to only a minor correction in this currency pair. This correction aligns with market movements typically associated with economic data announcements.
Technical Analysis:
The currency pair currently positions itself near a robust demand zone identified at the 163.720 level. This zone has demonstrated significant resilience in previous periods, creating opportunities for potential further strengthening. In the realm of technical analysis, the target for strengthening is set at the 167.660 level, reflecting the pivot point since August 2008.
Supporting Factors:
Euro Strength: Despite a minor correction, the Euro maintains its resilience. Fundamental factors, such as the conservative monetary policy of the ECB, provide robust support for the Euro, particularly after touching a strong demand zone.
Japanese Inflation:
Despite a modest increase in Japan's CPI by 0.1% since October 2023, this can be viewed as a relatively insignificant impact that merely resulted in a temporary correction, presenting opportunities for short-term strengthening.
Historical Price Movement:
Historical price movement analysis indicates that EURJPY has the potential to reach its highest level since August 2008. This is attributed to the high-interest-rate policy implemented by the ECB in recent times, acting as a catalyst for this strengthening. Notably, the Euro has shown a robust increase against the JPY since October 30, 2023, with a notable surge of 3.44% as of the time of writing.
Risks and Considerations:
It's imperative to remember that trading always involves risks, and market conditions can change rapidly. Risks associated with changes in ECB policies, Japanese economic data, or geopolitical factors should be vigilantly monitored.
Disclaimer:
This analysis is for informational purposes only and does not constitute investment advice. Trading decisions should be based on in-depth analysis and an understanding of associated risks. Trading always carries risks, and past performance does not guarantee future results.
🚀 BNB's Liquidity Power: Breaking Through Heights! 💰Binance Coin (BNB) is gearing up for a spectacular ascent, fueled not just by its technical strength but a reservoir of liquidity waiting to be unlocked. The recent legal resolution in the U.S. is adding another layer of intrigue to BNB's narrative. Let's delve into the liquidity dynamics and the implications of the legal verdict on BNB's trajectory.
Chart Analysis: BNB's Liquidity Bonanza
BNB has amassed a remarkable pool of liquidity, especially notable above the $350 mark. The charts reveal a tantalizing scenario where breaching this level could pave the way for a smooth ascent to $700. The layers of liquidity provide both challenges and opportunities for traders navigating BNB's vibrant landscape.
Legal Twist: Binance's Verdict Impact
In a recent legal development, Binance received a verdict in the U.S. legal proceedings, necessitating a hefty payout of $4 billion. Surprisingly, rather than dampening spirits, this news seems to have injected a bullish fervor into BNB. Markets interpret the resolution as a step toward regulatory clarity, removing a lingering uncertainty.
Trading Strategy: Unveiling BNB's Potential Surge
For traders eyeing BNB, the $350 level is the initial battleground, where the liquid battleground awaits. A successful breach opens the gateway to explore the uncharted territories around $700. The legal resolution, despite the hefty payout, is seen by many as a positive step, potentially clearing regulatory fog for BNB.
Conclusion: BNB's Dual Catalysts
BNB, armed with both technical strength and a wealth of liquidity, is standing at a crossroads. The $350 level, laden with liquidity, serves as a key test for the bulls. Simultaneously, the legal resolution, though costly, could pave the way for increased institutional confidence, potentially catalyzing BNB's upward trajectory.
📈 BNB Analysis | 💰 Liquidity Layers | ⚖️ Legal Verdict Catalyst
❗See related ideas below❗
Are you ready to ride the liquidity wave with BNB? Share your insights and strategies ! 💚🚀💚
USD/CAD Toward 1.39 after US Data?The USD/CAD pair has attracted buying interest, maintaining modest gains just below the 1.3700 level. Declining crude oil prices and the strengthening of the US dollar contribute to this dynamic. From a technical perspective, the 50-day Simple Moving Average (SMA) support has been defended, but the lack of sustained support requires caution. A break below the support could lead to deeper losses. Conversely, sustained strength beyond 1.3710 could trigger a short-covering move, but further upward movements may be seen as selling opportunities. The key level of 1.3800 will be crucial; surpassing it will shift the short-term bias in favor of bulls, with the goal of reaching 1.3900, the highest level since May 2020.
In fact, on a daily basis, the price is moving in a resistance zone at the 1.37 level, supported by an uptrend channel. My current bias is long since the price is bouncing off the intersection of two daily trendlines. However, before entering, I will wait for US data before the opening of the American market. Subsequently, if my view is supported by the data, I will evaluate and look for a long entry with a target of around 1.39-1.40. Comment and leave a like, greetings from Nicola, the CEO of Forex48 Trading Academy.
Should I do a FOMC strangle/ straddle play? Read here.So, what's the best way to play FOMC? Probably a strangle. According to last FOMC on 9/20 your NASDAQ:QQQ calls would have printed around +50% or more.
Assuming you sold and held your puts, your puts would have given you an extra 200% to 300%.
You can do this on any stock obviously. Don't get greedy. Best decision might be to stay out of course.
Choosing a definite direction (i.e. holding calls/ puts only without a hedge) is pure gambling.
Good luck. Welcome to follow for trade ideas.
FOMC chart 9/20:
Can The Dollar Push Higher? Hey traders, welcome back.
The dollar is increasing heavily to the upside as I make this video.
Now we don't know how price will close but it is important to watch how she closes today.
If price continues this could affect the major currency pair market in a mighty way.
All Base dollar pairs could continue to increase while Quote dollar pairs could continue to decrease.
It's a patience game right now, but may be one to play if you have the right hand.