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Supply and Demand

GBPUSD Bullish ScenarioToday, we will analyze GBPUSD Specific explanations are provided for each zone and movement on the chart. If you have any opinions, feel free to share them in the comments section. Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.
Long
by Biaxar
Buyers Gradually Losing Momentum On BNBUSD? While BTCUSD RocksCheck my previous Idea on BNBUSD and see if you can find something unique about trading alongside the traders best friend; the trend. I am not that experienced, no not with just 3 years in the system, but I keep asking myself and other traders one simple question... What will you do when a pair is buying? Sell the pullback? and expect it to break through the last support of the trend? Wow, just wow. Cause when I went through the latest idea on BNBUSD I saw traders making this same mistake of thinking the market is overbought, so it's time we start forcing it to respect our analysis. Here in this field, I think those that know the trend and trade alongside it, "shall be strong and do exploit," just by adding it a little and simple confluence to their knowledge of what the trend is saying, this confluences will then determine the right spot for an entry, to avoid being taken out with the liquidity sweep. Because a wise man once said, "If you can't find the liquidity, then you're the liquidity." What's your thought on BNBUSD, more highs? Or we're still going to experience another major pullback lower than the one that touched $405, before the next bull run?
BINANCE:BNBUSD
by Samchi01
$BTCUSDT Bouncing from Demand Zone – Eyes on $75KBINANCE:BTCUSDT Bouncing from Demand Zone – Eyes on $75K with Strong ETF Inflows!! After a significant uptrend, CRYPTOCAP:BTC experienced a healthy correction, finding support at a key demand zone. The current bounce from this level, marked by a bullish candle, signals a potential shift towards upward momentum. Volume is steadily increasing, which further strengthens the case for a continued move higher. Additionally, there’s a notable rise in MARKETSCOM:BITCOIN ETF inflows, adding more fuel to the current rally. This confluence of bullish factors sets the stage for BTC to reach new highs, with $75,000 being the next major target on the horizon. Traders should watch for sustained volume and momentum as key indicators of this breakout.
Long
by GreenCryptoTrades
1
ATH from Historic Average PerspectiveHISTORIC AVERAGING The point of historic averaging is to provide a long-term perspective on an asset’s price by calculating an average that considers all available historical data. The simplest is Arithmetic All-Time Average PineScript: ta.cum(close) / (bar_index + 1) To get it we must add up all closing prices and divide by number of bars. (Bar_index + 1 because bar_index starts with 0, which can mess up calculation!) It provides us with some useful information: Long-Term Trend Identification Current Price Contextualization - point of reference to assess how high is the current price than its historical Average Exposes Long-Term Support levels - the historic average often aligns with significant support (True for Bitcoin particularly) Since Arithmetic Averaging is more venerable to lagging, it made a significant gap from the lows: If the weights weren't identical, the gap distance would have been less. So we can use other method of averaging for more precise alignments of the cycle Lows Weighted Historic Average: This method assigns increasing weights to each bar over time, prioritizing later candles even more significantly. This method is particularly useful when you want to view the trend as influenced by more recent activity but still considering the entire data set. It may help in understanding price dynamics under growing market volume or volatility, as recent bars affect the average more prominently. With such weighting method applied, the historic average better indicates long-term support levels making them more reliable to draw a relationship between current price and the Historic Average. This post is not even about the rhyme of Weighted Historical Average with cycle lows. If we divide closing price by WHA, we would get an idea how many times Bitcoin has been higher than the average during the times establishing All Time High. Given the current uptrend, which shows potential to develop into a full-scale bull run, we can anticipate the next long-term ATH by monitoring the Close/Historic Average. As this metric rises and breaks above shaded levels, it signals continued momentum. Conversely, if it crosses below the first shaded range, this may indicate that a long-term ATH has been set, suggesting the market could be primed for the next significant correction phase.
INDEX:BTCUSD
by fract
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Yesterday we said we would continue with the plan and look to complete our targets which has worked well today. Our red boxes performed well as well as our bias bearish below level which gave the tap and bounce from 2771, we wanted 2770. Targets completed today: 2755, 2762, 2768 This leaves us with one target level remaining sitting at the 2779 and 2780 price points, which if we can support at the indicated levels we feel should be achieved. We're too high now again to long so unless we get a pullback, we'll follow the plan and look for RIPs from the higher levels for the attempt to short. A great day on the markets completing not only the gold targets but another 10 targets hit across the other pairs we apply the algo to. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
3
Gold is in the bullish direction after correcting the supportHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexMasters2000
Gold is in the bullish direction after correcting the supportHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexMasters2000
XAUUSD: Based on Previous Analysis! **XAUUSD: 1-Hour Chart Analysis** Hello Traders, Based on our previous analysis, we had expected prices to reversed from our designated buying zone. And price did that exactly, reversing from 2625 which took the price towards 2771. Where we have seen some resistance. We still are very much bullish on Gold. Next targets are 2800$ and then 2900$ as followed. Gold experienced a surge, reaching 2605 before reversing its direction. Investors anticipated a decline below 2700$. However, the price rebounded to 2743$, filling the volume gap and subsequently dropping to 2715$, which marked the last low. Despite this, the price failed to establish another lower low. Subsequently, it fluctuated within the vicinity before exhibiting a shift in price character. The upcoming chart analysis indicates an exceptionally bullish outlook. Price has the potential to create another higher high, supported by robust fundamentals and technical indicators signalling a strong bullish sentiment. Traders with open buy positions may consider holding them. The market opened with a sell side gap on Monday, which does not invalidate our entry at all. Currently, the price is 400+ pips in the green. I recommend closing half of the positions.
OANDA:XAUUSDLong
by Setupsfx_
6
#XAUUSD: On the way to $2800! 600+ Pips Swing Buy**XAUUSD: 1-Hour Chart Analysis** Hello Traders, Gold experienced a surge, reaching 2605 before reversing its direction. Investors anticipated a decline below 2700$. However, the price rebounded to 2743$, filling the volume gap and subsequently dropping to 2715$, which marked the last low. Despite this, the price failed to establish another lower low. Subsequently, it fluctuated within the vicinity before exhibiting a shift in price character. The upcoming chart analysis indicates an exceptionally bullish outlook. Price has the potential to create another higher high, supported by robust fundamentals and technical indicators signaling a strong bullish sentiment. Traders with open buy positions may consider holding them. Best of luck and trade safely.
OANDA:XAUUSDLong
by Setupsfx_
22
BTC/USD Approaches Key Resistance, Eyeing New ATHThe BTC/USD chart shows a strong upward trend, approaching a significant resistance zone. Key levels to note include: 1. Resistance Zone (Green Area): Around 73,814, BTC is nearing a strong resistance area. Breaking above this could lead to a new all-time high (ATH) with potential targets of 90,000 and 100,000 USD per BTC. This suggests strong upward momentum if the breakout holds. 2. Pivot Line and ATH Line: The price has broken through a pivot level and is moving towards the ATH, indicating bullish momentum. The area around 71,400 serves as a pivot, potentially acting as support in the event of a pullback. 3. Support Levels: Primary Support: At around 64,905, this level may act as the first support if a retracement occurs. Demand Zone: Around 56,888, indicating strong buying interest. 4. Projected Path: The drawn projection shows a potential consolidation above the pivot level before making another attempt to break the resistance zone. This path aligns with the anticipation of a breakout if buying pressure sustains. In summary, BTC/USD is testing a key resistance level, with bullish potential for higher targets if it breaks above the zone. The pivot and support lines should be monitored closely for any reversal or retracement. Key Levels: Pivot Zone: 71400 Resistance Lines: 73810, 76370, 85000 Support Lines: 70000, 68000, 64900 previous idea:
BITSTAMP:BTCUSDLong
by SroshMayi
Bitcoin Analysis==>> Last Chance for Breaking!!!Bitcoin ( BINANCE:BTCUSDT ) is still moving in the Resistance zone($70,080- $68,250) and is trying to break this zone. Will Bitcoin break the Resistance zone($70,080- $68,250) !? Your Idea❓ Also, Bitcoin is likely to form an Ascending Channel in the 1-hour time frame , we have to wait to see if Bitcoin can form the second top or not . According to the theory of Elliott waves , Bitcoin seems to be forming 5 more impulse waves after completing the Corrective Structure(Double Three Correction(WXY)) . Currently, Bitcoin is completing wave 3 , and wave 5 could be above the ascending channel (possible). I expect Bitcoin to at least drop to the Support zone($68,420- $67,850) and fill the First CME Gap($68,395- $68,425) and then rise again . 🔔 Note: Bitcoin is generally in a sensitive price zone, and I think this is the last chance for Bitcoin to break the resistance zone. Tensions in the Middle East and a series of other factors that I will try to share with you in the next post (Prevent Bitcoin's increase and the formation of a new All-Time High(ATH)). ⚠️Note: If Bitcoin can break the Resistance zone($70,080-$68,250), it will increase to at least $72,000.⚠️ ⚠️Note: If Bitcoin goes below the Support zone($68,420- $67,850), we should expect more dumps.⚠️ Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
12
Solana vs. Ethereum: The Battle for Blockchain SupremacyThe cryptocurrency market is dynamic, constantly evolving with new technologies and innovative projects. Solana (SOL) and Ethereum (ETH) are two of the most prominent players in this space. Both platforms have made significant strides in recent years, attracting developers and investors alike. However, as the cryptocurrency market continues to mature, the question arises: Will Solana be able to challenge Ethereum's dominance, or will ETH maintain its position as the leading blockchain platform? Solana's Rise to Prominence Solana, a high-performance blockchain platform, has gained significant traction due to its ability to process many transactions per second at a low cost. This scalability advantage has made it attractive to developers seeking to build decentralized applications (dApps) that require fast and efficient transaction processing. Solana's unique Proof-of-History (PoH) consensus mechanism, combined with its parallel processing capabilities, enables it to achieve impressive transaction speeds. One of the key factors driving Solana's popularity is its vibrant ecosystem. A growing number of dApps, including decentralized exchanges (DEXs), non-fungible token (NFT) marketplaces, and DeFi protocols, are being built on the Solana platform. This expanding ecosystem has led to increased demand for the SOL token, which is used to pay transaction fees and secure the network. Ethereum's Enduring Dominance Despite the emergence of strong competitors like Solana, Ethereum remains the undisputed leader in the blockchain space. Its long-standing history, extensive developer community, and robust security infrastructure have solidified its position as the go-to platform for many dApps. Ethereum's transition to a proof-of-stake (PoS) consensus mechanism, known as The Merge, has further enhanced its scalability and energy efficiency. Moreover, Ethereum's dominance in the DeFi and NFT markets is undeniable. A vast array of DeFi protocols, including lending platforms, decentralized exchanges, and yield farming platforms, are built on Ethereum. The platform's popularity in the NFT space is evident from the success of projects like CryptoPunks and Bored Ape Yacht Club. The Battle for Market Share As the cryptocurrency market enters a period of increased volatility and potential altcoin season, the competition between Solana and Ethereum is likely to intensify. Solana's scalability advantages and growing ecosystem could attract more developers and investors, leading to increased demand for the SOL token. However, Ethereum's established position, strong developer community, and ongoing technological advancements may enable it to maintain its dominance. The outcome of this battle will depend on several factors, including: • Network Performance: Both platforms will need to continue to improve their network performance and scalability to meet the growing demand for decentralized applications. • Developer Adoption: Attracting and retaining top developers will be crucial for both platforms. • Security: Ensuring the security of the network and protecting users' funds is paramount. • Regulatory Environment: The regulatory landscape for cryptocurrencies could significantly impact the adoption and growth of both platforms. Conclusion While Solana has emerged as a strong contender in the blockchain space, Ethereum's established position and ongoing development efforts make it difficult to displace. The future of the cryptocurrency market is uncertain, and both platforms will need to adapt to evolving technologies and changing market dynamics. Ultimately, the success of Solana and Ethereum will depend on their ability to deliver value to users and developers.
COINBASE:SOLUSD
by bryandowningqln