BTC Struggles to Break $100K? Watch These Zone!Good morning, crypto bro's! 🌅
📊 Fear & Greed Index: 79 (Extreme Greed, slight drop).
📉 Stoch RSI: Approaching oversold area.
💡 Analysis:
BTC peaked at FWB:98K yesterday before resuming its correction.
Breaking $100K seems challenging at the moment.
Major probability points to a correction towards the green zone at $85K– GETTEX:82K , as highlighted in previous updates.
📌 Market remains in a greed zone. Better to wait and see for now.
I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
NEWS
BTC Near $100K! Correction Ahead? Key Zones to Watch!Good morning, crypto bro's! 🌅
📊 Fear & Greed Index: 82 (Extreme Greed).
📉 Stoch RSI: Continuing downward toward oversold.
💡 Analysis:
BTC has corrected after its significant pump to $99,594.
H4 timeframe: BTC could revisit the $99K zone.
Daily & Weekly timeframes: High probability of a deeper correction to the green zone at $85K–$82K.
📌 Market remains in a greed zone, so it’s wise to adopt a wait-and-see approach.
I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
GBPUSD Short and Longs (News) Scenario 1: Both PMIs Better than Forecast
Actual Manufacturing PMI: 49.5 (Better than 48.8 forecast)
Actual Services PMI: 56.0 (Better than 55.2 forecast)
EUR/USD: Down - If both sectors perform better than expected, this might signal a stronger US economy, potentially leading to a stronger Dollar.
GBP/USD: Down - Similar to EUR/USD, a stronger US economic outlook could weaken GBP against USD.
USD/JPY: Up - Improved US PMI data might strengthen USD against JPY, especially if this leads to expectations of a tighter Fed policy.
Scenario 2: Both PMIs Worse than Forecast
Actual Manufacturing PMI: 48.0 (Worse than 48.8 forecast)
Actual Services PMI: 54.0 (Worse than 55.2 forecast)
EUR/USD: Up - If both sectors disappoint, this could indicate economic weakness in the US, leading to a weaker USD.
GBP/USD: Up - Weaker US data might make GBP relatively stronger, especially if UK economic indicators are not as disappointing.
USD/JPY: Down - A disappointing PMI might lead investors to question the US economic recovery, potentially weakening USD against JPY.
The Fib is just an example if we was to see a sell off it may come into play. If we not seeing a sell off the Fib will be non existent.
Shorting USDCAD following Canadian CPI dataThe Canadian CPI data came in higher than expected that dashing hopes of another large rate cut at the next meeting of the BoC. Coupling this with rising geopolitical tensions that have lead to weakness in the USD saw a fall of 0.4% in the USDCAD in yesterday's trading session. Overnight Canadian yields have increased while US yields fell.
The currency pair closed yesterday below 50% fib retracement and the rising trend established from September. The conditions appear to support a continued fall in the USDCAD.
I've put a sell on USDCAD with the following TPs
Entry 1.3952
TP1 - 1.3927
TP2 - 1.3882
TP3 - 1.3842
TP4 - 1.3822
SL - 1.4034
TP1 is set at the 62% FIB retracement level, the plan is to move SL to entry once this TP is hit.
BTC on the Verge of $100K! But Beware of Sudden Dumps! Good morning, crypto bro's! 🌞
📊 Fear & Greed Index: 94 (Extreme Greed).
📉 Stoch RSI: Bounced at 56.
💡 Analysis:
BTC successfully broke through the $95K resistance, boosting its potential to reach the coveted $100K mark soon. However, with the Fear & Greed Index in extreme greed, there's a heightened risk of a sudden dump.
⚠️ Stay cautious, avoid FOMO, and maintain strong risk management.
I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
BTC Faces Heavy Resistance in Blue Zone: Pump or Correction ?Good morning, crypto bro's! 🌅
📊 Fear & Greed Index: 82 (Extreme Greed).
📉 Stoch RSI: Heading toward the oversold zone.
💡 Analysis:
BTC's price action remains bullish, with the $95K target still on track. However, the current blue zone between $93K - $99K presents significant resistance and poses a high risk of correction.
🔑 Stay sharp, avoid FOMO, and prioritize risk management! 🛡️
I'm Akki, as always, one chart at a time. Have a fantastic day and stay SAFU!
BTC Pumping to 95K? Or Correction to 90K?GM crypto bro's! 🌅 Fear & Greed Index stays in extreme greed at 83, while Stoch RSI trends down towards oversold territory. 🚦
📌 Current BTC top price: $93,965.
🔼 Potential pump: $95K range.
🔽 Possible correction: $90K-$89K.
Market remains greedy, so stay sharp, don’t FOMO, and always manage your risk! 🛡️
I'm Akki, closing with one chart at a time. Have a great day and stay SAFU!
Aarti Drugs - Key Levels to WatchAarti Drugs - Key Levels to Watch 🔍
Aarti Drugs has shown some recovery after restoring production at its Tarapur unit, as per recent filings. Here’s the technical outlook:
1.Fibonacci Retracement Levels:
Resistance at 0.618 (₹593) and 0.5 (₹676).
Immediate support near 0.786 (₹476).
2.Volume Profile:
High activity seen between ₹450-₹500. Sustained support in this zone is crucial.
3.RSI:
Current RSI shows a slight bullish divergence—monitor for a potential rebound.
Levels of Interest:
Upside Potential: ₹593 (618 Fib) and ₹676 (0.5 Fib).
Downside Support: ₹476 (786 Fib) and ₹450 (volume support zone).
Stay cautious as the stock consolidates. Monitor for clear directional moves above or below these levels.
BTC Pump to 95K? Fear & Greed Index Still High! GM crypto bro's! 🌄 Fear & Greed Index stays in extreme greed at 83, and Stoch RSI begins exiting the overbought zone. 📊 BTC still hasn’t hit our correction target at FWB:83K - GETTEX:82K , but there’s a small chance we see a pump up to the $95K range. 🚀
As always, stay vigilant, avoid FOMO, and manage your risk properly. 🛡️ I'm Akki, signing off with one chart at a time. Have a great day and stay SAFU!
Gold Long Term Analysis Nov 15I published some trend analysis using the adaptive trend finder 2 weeks ago. I wanted to revisit this given the eventful couple of weeks we've had.
The previous analysis highlighted an ultra-strong uptrend over the previous 20 weeks on the weekly chart. Prior to the election, the rally in gold the price showed little sign of slowing down. In the last two weeks we've seen a fall in the gold price of 1.9% and 4.5% (the largest drop since 2021). Apart from the obvious, there appears to be several factors leading to the drop.
Donal trump's emphatic win and a number of his stated policies that could see interest rates stay higher for longer (think tarrifs, tax cuts)
Economic data that came in inline with expectations
A rate cut that had already been fully priced in
Essentially, the gold price is being weighed down by expectations on policies that are potentially months aways and stronger than exepected economic data. Jerome Powell also indicated in his speech that the Fed sees the pace of rate cuts slowing down in the near future.
Whilst higher inflation is typically seen as a positive for the gold price (gold as an 'inflation hedge'). Higher inflation is accompanied by higher interest rates which act as a negative for the non-yielding asset.
Last week's close broke the established 20 week price trend there is, however, a longer term trend that can be observed over the last 60 weeks. Last week's closing price respects this trend. Whilst the expectation of a technical correction hadn't eventuated, we may find that this is the bottom of the dip as long as there is not further negative news for gold. Central Bank and ETF demand is still strong. A shift from gold to risk assets following the Trump election does remain a risk for the short-term gold price.
There are a couple of key resistance points to watch this week to understand whether this is the bottom of the dip. I'll explore this in another post.
USDCAD BULLISH PROFITABLE IDEA#USDCAD is at a bullish sentiment, what we can do from the previous price action is observed the previous Break of structure in the bullish direction.
It is important to note hoe the break of structure took place , and as we see there was formation o structure which resulted in an impulsive market action resulting to the break, this area has been untapped till now of any pending liquidity in support of the bullish trend
What to do ?
Wait or the price action to mitigate this area and look for a suitable entry position based on your entry techniques, esp before the news.
#all the best.
BTC Correction Incoming? Fear & Greed Index Drops to 80!GM crypto bro's! 🌅 Fear & Greed Index drops from 88 to 80 today, but we’re still deep in extreme greed zone! 😬 BTC finally showing signs of correction after a wild ride.
Current probability points towards a pullback to the FWB:83K - GETTEX:82K range. 🧐 Let’s see if this correction deepens or finds support here.
Stay sharp, avoid FOMO, and always manage your risk! I’m Akki, signing off with one chart at a time. Have a nice day & stay SAFU!
USDCAD BULLISH OPPORTUNITIES CANDLE CLOSED ABOVE THE IDENTIFIED RESISTANCE ZONE
We wait for a retest and mitigation on the corrective structures zone on the same
Impulsive leg.
Since today there are high impact news, probable wait or a reentry around the area identified, to acquire the volume for a bullish push.
BTC Hits $93K! Is a Major Correction Next?GM crypto bro's! 🚀 BTC just hit a top at $93K! Fear & Greed Index is up again, reaching 88 — extreme greed mode is ON! Stoch RSI remains heavily overbought, making this bullish rally look ripe for a deeper correction. 📉
Personal outlook stays the same as yesterday; we’re seeing strong rejection around the 93K range. Expect potential corrections to revisit our yellow zone between 80K-77K. Keep your eyes on it! 👀
Stay sharp, avoid FOMO, and always manage your risk! I’m Akki, signing off with one chart at a time. Have a nice day & stay SAFU!
BTC Eyes $100K Target! Will This Insane Bull Run Continue?GM crypto bro's! Fear & Greed Index surges from 80 to 84, deep in extreme greed. Stoch RSI still in the overbought zone. 🚨
BTC peaked at 90,177, with minor corrections only down to 85K. The question is: will it keep pumping into the 93K-100K range? 🤔
My personal view? We might see a correction entering the yellow zone around 80K-77K, but don't rule out a continued pump toward 100K! 💥
Market remains ultra-bullish. Stay sharp, avoid FOMO, and always manage your risk! I’m Akki, signing off, one chart at a time. Have a nice day & stay SAFU!
BTC Rockets to 89K! Next Stop: 100K or Major Correction?GM crypto bro's! Fear & Greed Index spikes to 80, deep in extreme greed. Stoch RSI remains in the overbought zone. 🚨
Despite previous correction signals, BTC continued its insane pump, breaking through our predicted 82K-85K range and peaking at 89K! 🤯 Where’s it headed next?
Potential correction zones are: 85K-82K, 80K-77K, or 74K-70K. If the pump continues, we could see BTC hitting the 93K-100K range! 🤑
The market is ultra-bullish. Stay alert, avoid FOMO, and manage your risk! I’m Akki, signing off, one chart at a time. Have a nice day & stay SAFU!
BTC Hits 81K! Is a Massive Correction Next?GM crypto bro's! Today's fear & greed index shows extreme greed at 76, with Stoch RSI in the overbought zone.
BTC has pumped massively, reaching our predicted high range of 79K-80K and even spiking to 81K! Given the extreme greed condition, a correction might be looming. Watch for potential rejections at 82K-85K. If we see a drop first, the correction range might hit 77K-76K.
Stay alert, avoid FOMO, and always manage your risk. That’s it for today’s crypto update. I’m Akki, one chart at a time. Have a nice day & stay SAFU!
BTC at 77K! Correction or Another Pump Incoming?GM crypto bro's! Today, the fear & greed index holds steady at 75, still in Greed status. Stoch RSI remains in the overbought zone.
BTC's peak is at 77K, yet it hasn't visited our expected correction range of 73K-70K. Overall, today's outlook mirrors yesterday's, with correction and pump potentials intact.
The market is still riding high on greed—stay safe, avoid FOMO, and manage your risks wisely. That’s it for today’s crypto update. I’m Akki, one chart at a time. Have a nice day & stay SAFU!
BTC Eyeing a Correction? Watch These Key Levels!GM crypto bro's! Today, the fear & greed index is at 75 in Greed status. Stoch RSI is now entering the overbought area.
Market outlook remains consistent with yesterday's analysis. Current BTC action hints at a high probability of correction in the 73K-70K range, while the potential pump target stays in the 79K-80K zone.
The market is still driven by greed—stay safe, avoid FOMO, and manage your risks as always. That's it for today’s crypto update. I’m Akki, one chart at a time. Have a nice day & stay SAFU!
BTC Hits 76K! Next Stop: 80K or Correction?GM crypto bro's! Fear & greed index now at 77 in Extreme Greed, and stoch RSI is shifting from oversold to overbought.
BTC finally reached our previous target of 76K! So, what’s next? Typically, after a solid pump, a correction follows, with potential dips to 73K-70K. If the momentum continues, we could see BTC eyeing the 79K-80K range.
Market’s hot with extreme greed, so stay safe and avoid FOMO—manage risk as always. That’s it for today’s update. I’m Akki, one chart at a time. Have a nice day & stay SAFU!
BTC Surges to 71K! Will 76K Be the Next Target?GM crypto bro's! Fear & greed index remains at 70 (greed zone), with stoch RSI signaling potential relief from oversold conditions.
Our previous outlook pointed to a dip around 64K-63K, but BTC took a turn, correcting only to 66K and now pumping to 71K. On the H4, a small correction around 70K may be on the horizon, with the pump target still set at 76K.
Crypto is dynamic, probability is a probability—stay safe, manage risk, avoid FOMO. That’s it for today’s update. I’m Akki, one chart at a time. Have a nice day & stay SAFU.