BTCUSD PredictionsThe BTCUSD price is stagnant between $45,000 and $50,000 and the price has been consolidating for some time. When will it break out of this sideways movement? When the calm is broken, I think there is a high probability that the price will move in the direction indicated by my chart.
Predictions
BNB and ETH cross their lowest values.Binance Coin has not seen price rises by a large margin but has still taken a step upwards since the bearish run, having shown the lowest price of $505.93 yesterday morning. Today, it has reached $545.43, and its market cap has gone up by 3.00%, up to $89 billion. Ethereum and Binance have high hopes to pick themselves up in no time, as they’ve done so many times before.
The trend for losing Ethereum and Binance seems to have come to a halt as prices hike upwards. Ethereum had seen a low of $3,700 this week which has not been a pretty sight after so long of being above $4,000. Now, it seems to have regained its composure somewhat and has hiked up $215 in price and now trades at $4,066
XAUUSD price may fall back as the market stabilizesAfter the price tested the $1790-1795 resistance level, the bulls seem to have given up the fight and are unable to push the price up to test the second resistance. So you can see that the price is gradually falling and my view is changing from cautiously bearish to strongly bearish. If you have the same idea as me, you need to pay attention to the stop-loss level and set it far from the current price while managing the risk wisely.
Catalysts on XAUUSD price action.While gold and silver enjoy a reputation as inflation hedges, soaring energy prices and positive employment data have put higher than previously expected pressure on central banks to raise interest rates, thus hindering gold's ability to climb. With the market now anticipating the possibility of about 3 rate hikes next year, making investors generally believe that the Fed may become more hawkish, the potential impact could provide an additional catalyst for price action that would next push gold out of the $1770-1795 price range.
BTCUSD Resistance levels $51,000-54,000During the sideways price consolidation phase, two different voices emerge in the market, each speaking for one side. The funny thing is. Now the price action does not make a choice on the direction of movement because of their arguments. There needs to be enough time at the trading table for the player to press his bets.
4th of July all over again for chainlinkLooks like Deja Vu. Chainlink is echoing the falling pattern that took place in the beginning of July. Looks possible we may see a wick hitting on or close to the $13.00 range. Getting nervous as I'm publishing , fear of missing profits while I'm typing. Good luck keep your figures crossed and take profits along the way. Upside....$13 dollars an awesome buy for Link for those who missed it last time.
The gold that was stepped on the groundIn the future, it is likely to face further declines if the XAUUSD price fails to stay above $1770. My charts show that the bears have an overwhelming advantage. Given gold's sensitivity to inflation expectations and Fed rate hike bets, the US November non-farm payrolls report due later this week could provide the next directional cue for prices.
The "gold" that was stepped on the ground, will you pick it up?
NVDA In the long run, perhaps missed.Investors are reassessing the impact of the virus mutation, and the shift in market sentiment from concern to optimism (not caution) can be felt in the rally in the broader U.S. market index. So compared to the previous high stock price, the $280-290 price was enough to attract investors to enter, leading to a rapid pull up in the stock price. Looking ahead, perhaps this drop is just a pullback in the stock's long-term rise.
XAUUSD Rebound testing resistance?The overall price tone and trend are still negative in the short term. If the XAUUSD price cannot enter the state soon, then it is looking for a lower level breakout. At present, the price has fallen and tested $1770 many times. The chart shows that the price has not collapsed and rebounded to a certain extent, but it is still below the first resistance level and the second resistance level. In addition, if the interest rate market is betting on an aggressive reduction schedule in an attempt to cool the rising inflation, then global asset prices will also be repriced as expected.
ETHUSD Don't bet on either side to winEthereum capitalization spike
Ethereum dominance on the market has been continuously moving up as the year passes by gaining 11% market dominance since January. It totals 22% at press time. The main reasons for Ethereum's growth were an NFT rally in the middle of the year, implementation of the fee-burning mechanism and the overall rise of DeFi solutions.
With more use cases appearing on the Ethereum blockchain, more people are starting to use it, which means that they have to purchase some amount of Ethereum coins to utilize decentralized applications like NFT minting or DeFi platforms.
I think the ETHUSD price will consolidate in the $3800-5000 range in the short term, as you can see in the chart if we use $4328 as the entry price and calculate the profit pips on the upside and downside separately, we can see that the ratio is close to 1:1. Don't bet on either side to win until the price is out of the consolidation zone.
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To the surprise of the bearish, ETHUSD price actually recovered.ETHUSD price started to fall sharply after breaking through $4,300. It traded as low as $3436 and recently started to correct upwards and regain its popularity. My chart shows that the price is in a short-term upward channel and the gray area is the potential room for the price to move. Of course, if you are bullish on ETHUSD, you should pray that the price does not fall below the green zone, as that would cause another price collapse.
Will BTCUSD fall after testing resistance levels (red zone)?If BTCUSD price fails to break the resistance level of $51,000-53,000, it may start a new downside. The first target on the downside is the trend line near $49000. a break of the short-term trend line on the downside may start a new decline, and the next stop for the bears may be $44000.
NVDA Bullish entry? Wait…The Federal Trade Commission's lawsuit to block Nvidia's proposed acquisition of Arm Ltd. has signaled the end of this expected deal. With the disappearance of favorable expectations, overlaid with a sharp pullback in the overall stock market, investor sentiment turns pessimistic, and price action could be extreme when sentiment escalates to panic. In the long run, the meta-universe concept and its company's earnings growth will attract buyers to enter the market at low price levels.
The summary of my analysis is that short-term price volatility has widened and the probability of a pullback is high, but the long-term remains bullish.
BTCUSD trend is unpredictableClick like or follow this idea. I will actively update my ideas and charts.
However, the cryptocurrencies with larger valuations, BTC and ETH, have mostly been moving sideways since the time of the recent decline. It is unclear which direction the mainstream cryptocurrencies may break out of this consolidation, so patience is still needed.
Do you think the XAUUSD price will close above or below $1800 atGold broke down as the Fed looks set to tackle high inflation
Gold prices fell in the aftermath of Federal Reserve Chairman Jerome Powell testimony before the Senate Banking Committee. In his remarks, he dropped the reference to ‘transitory’ inflationary.
Mr Powell said that the economy is strong and inflationary pressures are high. He looked at the next Fed meeting for a discussion to wrap up the asset purchasing program a few months earlier than previously anticipated.
TSLASo this chart has been sitting around for some time as well in my arsenal... i should set alerts to remind myself of the things i try to predict ahead of time... so i told a few ppl tsla was going to 1k then down further... so out of all of this i think we should get a head & shoulders in my opinion but i guess only time will tell.
BAT BTC Sun Rays Megastructure same as ETH at $220 in 2020 (22x)Background FA: BAT announced Fundamental Partnership with Solana and launched own DEX in Brave Browser (100m monthly users), making it a direct contender for Uniswap, $UNI (which has 3 million users and market cap 10x bigger than $BAT).
Background TA: BATBTC Pair broke out of Long-Term Downtrend with highest ever volumes, sending the BATUSD pair into ATH and Price Discovery .
Sun Rays Megastructure for BAT BTC is extremely similar to a similar megastructure that appeared with ETH USD pair in June 2020, when ETH was 220 USD. ETH went on to make a 22x run upwards after that.
Two interesting TP levels to watch marked.
Goldsworth. Org Technical Analysis ideas brought you $DOGE at 14 Sats , $LUNA at 10 cents, $SOL at 3 dollars.