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GALA/USDT Analysis in Daily 👀Hi 🤚 As can be seen in the daily chart of the Gala cryptocurrency, the price was able to break the ceiling of its descending channel upwards and have a change in nature from a downward (long-term) trend to an upward trend. This movement of the upward spike that caused the roof of the channel to break; It has created a price imbalance (FVG). FVG can absorb the price, which in terms of price, after a strong uptrend, a correction can look logical. Also, the RSI indicator shows the number 77, which indicates the saturation of the price, and to reach the balance, the price must be below the number 70. The price correction can be done up to the support level of $0.0.23 and then we can expect the price to grow up to the resistance area of 0.0650. Arztoday Team ✨
by arztoday
2
XAUUSD - HOW DOES GOLD REACT USD HIGH IMPACT NEWS?- There are two special indicators that affect GOLD today. Among them are ADP NON FARM EMPLOYMENT CHANGE, FINAL GDP special. - Meanwhile, a FOMC MEMBER is scheduled to speak today at the New York SESSION. - US10Y currently stands at 2.30% LEVEL. US10Y WEAK a bit after JOLTS DATA yesterday. But that data came in at a very good level. But USD10Y LONG TERM is going to be UP if this MARKET CONDITION is SUPPORT to USD. Also DXY has been up to 98.17 LEVEL. The GOLD PRICE is slightly lower than the DYNAMIC S / R LEVELS at this time. Most likely the GOLD PRICE will be UP in the future. - SHORT TERM is for UP SIDE. But as the war recedes and the US Federal Reserve begins to raise rates, demand for the USD is likely to increase in the future. Therefore, GOLD may be DOWN LONG TERM in the near future. - Currently the OVERALL MARKET is RISK OFF. Also STOKES are turning slightly red. VIX is getting a bit DOWN. Also COMMODITIES show a slightly UP SIDE BIAS. Currently there is a NEUTRAL BIAS on the market side. - GOLD PRICE can RETRACE from DYNAMIC LEVELS. It's very important to us. Maybe after reaching the dynamic level the price can be hugely VOLATILE with the economic data coming up today. - The chance of creating a TRIPLE BOTTOM opportunity again before the GOLD PRICE is UP is very high. So GOLD can go back to 1895 LEVEL. After that you can UP to at least 1966 LEVEL. However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
OANDA:XAUUSD
by benny_marshall
RUNEUSDT Technical Analysis ⏳ Spot 💎 RUNEUSDT as broken above the resistance. It has also broken above the triangle which it formed. We expect a pullback to the pullback zone before it goes higher. 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at market or 10.000 ☕️ TP1 11.030 🍺 TP2 11.500 🍻 TP3 12.000 🍾 TP4 12.500 🍷 TP5 13.000 🍸 TP6 ______ 🍹 TP7 ______ 🎁 TP8 ______ 🚫 SL 9.300 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals
8
$ADAUSD Long term PT 400 and higherAnother reason for Cardano’s surge is that from August 25, its coin will be listed on Japan’s exchange after authorization by the country, which is considered to have one of the strictest criteria for entering the market. It means Cardano’s $ADA.X will join the elite coins of Bitcoin, Ethereum and Litecoin in Japan where it will be put to the test. Could Cardano’s ‘green’ cryptocurrency ADA take over Bitcoin and Etherium? The little known cryptocurrency Cardano (ADA) has come out of nowhere to become the third-largest after Bitcoin and Etherium following a recent price surge as blockchain enthusiasts look for more climate-friendly options. Cardano’s price has gone up by more than 36 per cent in the last week and its market capitalisation stands at $90.60 billion (€76 billion), according to crypto website CoinMarketCap. What is Cardano and what are the reasons for its success? Here’s everything you need to know. What is Cardano? Cardano is a blockchain platform and it has its own internal cryptocurrency called ADA. The tokens are named after Augusta "Ada" King, or Ada Lovelace, a 19th-century British countess known for her work on a theoretical computation engine. She is largely regarded as the first computer programmer and is the daughter of the poet Lord Byron. Cardano was established in 2015 by Ethereum co-founder Charles Hoskinson and was launched in 2017. Since then, the token has returned 7,080 per cent to investors. Cardano is the largest cryptocurrency to use a proof of stake blockchain model, which is considered a greener alternative. As crypto enthusiasts become more aware of the environmental impact of cryptos, Cardano has an upper hand over Bitcoin and Ethereum, and this could be one reason for its recent success. Bitcoin: Cryptocurrency accounts blocked on Chinese social network Weibo Elon Musk wants Bitcoin to become environmentally friendly. Can he convince the crypto's devotees? Recent figures from Bitcoinenergyconsumption.com show Bitcoin’s estimated annual emissions is over 57 million tonnes of CO2 per year, which is about the same annual carbon footprint as a small European country. Meanwhile, Iran and China temporarily banned all crypto mining this summer because computers used in the process were sapping too much electricity and causing power cuts. Proof of stake works by randomly allocating coins to users, who put up coins for collateral. This differs from the proof of work mechanism - used by both Bitcoin and Etherium - which requires a global network of computers to run at the same time when a transaction takes place. This method is designed to encourage increased computing effort for transactions, which uses much more energy than proof of stake. On its website, Cardano says: “We have changed science. We have changed what it means to build global systems and sustainable models of exchange and governance. “We, alongside our community and partners, are defining a new future: a decentralised future without intermediaries, in which power is returned to the individual”. What are the reasons for Cardano’s success? Over the last two weeks, the cryptocurrency market has been rallying. Bitcoin and Ethereum have been leading the wave but ‘altcoins’ - alternative digital currencies to Bitcoin - have also gathered pace in the price race. Cardano’s price surge came after it announced a major upgrade called Alonzo, which will launch in September. Alonzo will introduce smart contracts to the blockchain. Smart contracts are programmes stored on a blockchain that run when predetermined conditions are met. They are typically used to automate the execution of an agreement and will allow Cardano to deploy their own smart contracts and pave the way for its own decentralised applications (dApps). Another reason for Cardano’s surge is that from August 25, its coin will be listed on Japan’s exchange after authorisation by the country, which is considered to have one of the strictest criteria for entering the market. It means Cardano’s ADA will join the elite coins of Bitcoin, Ethereum and Litecoin in Japan where it will be put to the test.
BINANCE:ADAUSDLong
by BADQOMOCAWGOWLD
4
RSLS ReShape Lifesciences Price Target- ReShape leader in weight loss market - FDA approved Lap-Band manufacturing moved to the US - eliminated debt overhang - ReShape Marketplace - digital health solution June 30, 2021: Cash and cash equivalents and restricted cash were $40.2 million. ReShape Market Cap only 50.061M Shares Outstanding 17.20M On 7/1/2021, Ben Haynor from Alliance Global Partners brokerage Lowered the Price Target from $18.50 to $13.75 My price target is the 9.6usd resistance. I`m looking forward to read your opinion about RSLS.
NASDAQ:RSLSLong
by TopgOptions
7
ETHUSDT Will Go Higher Welcome back Traders, Investors, and Community! ETHUSDT on H4 has gone above the channel. After the pullback can go higher. ⬆️Buy now or Buy at 2841.31 ⭕️SL @ 2173.7 or SL @ Support Breakout ✅TP1 @ 3343.9 ✅TP2 @ 3591.3 ✅TP3 @ 3974.5 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals
2