NZDCAD Trading Opportunity! SELL!
My dear subscribers,
My technical analysis for NZDCAD is below:
The price is coiling around a solid key level - 0.8259
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8214
My Stop Loss - 0.8288
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
———————————
WISH YOU ALL LUCK
Tarding
USOIL Buyers In Panic! SELL!
My dear subscribers,
My technical analysis for USOIL is below:
The price is coiling around a solid key level - 78.44
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 76.72
My Stop Loss - 79.51
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
———————————
WISH YOU ALL LUCK
USDCAD On The Rise! BUY!
My dear followers,
This is my opinion on the USDCAD next move:
The asset is approaching an important pivot point 1.3639
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.3657
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
GOLD Sellers In Panic! BUY!
My dear followers,
I analysed this chart on GOLD and concluded the following:
The market is trading on 2322.8 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2362.6
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
———————————
WISH YOU ALL LUCK
EURUSD Will Collapse! SELL!
My dear friends,
My technical analysis for EURUSD is below:
The market is trading on 1.0687 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.0649
Recommended Stop Loss - 1.0710
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
———————————
WISH YOU ALL LUCK
GBPCHF The Target Is DOWN! SELL!
My dear friends,
Please, find my technical outlook for GBPCHF below:
The instrument tests an important psychological level 1.1365
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1307
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
———————————
WISH YOU ALL LUCK
GBPCAD Expected Growth! BUY!
My dear friends,
My technical analysis for GBPCAD is below:
The market is trading on 1.7119 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.7165
Recommended Stop Loss - 1.7094
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
———————————
WISH YOU ALL LUCK
USDCHF The Target Is DOWN! SELL!
My dear subscribers,
This is my opinion on the USDCHF next move:
The instrument tests an important psychological level 0.9126
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.9080
My Stop Loss - 0.9153
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
———————————
WISH YOU ALL LUCK
Bitcoin Dominance Hits 51%: What Does This Mean for Altcoins?Bitcoin Dominance Soars to a 2-Year High: Implications for Altcoins
Bitcoin dominance has recently reached a two-year high, currently trading at 51%. This surge in dominance has important implications for the broader cryptocurrency market, particularly altcoins. In this report, we will analyze the Bitcoin dominance chart and discuss its potential impact on altcoins. We will explore the reasons behind the dominance increase, highlight key support and resistance levels, and provide insights for investors navigating this evolving landscape.
Understanding Bitcoin Dominance
Bitcoin dominance refers to the market capitalization of Bitcoin compared to the total market capitalization of all cryptocurrencies. It is a widely followed metric that provides insights into the relative strength of Bitcoin compared to other digital assets. When Bitcoin dominance is high, it indicates that Bitcoin's market capitalization is growing faster than altcoins, which can have significant consequences for the altcoin market.
Current State and Historical Analysis
At 51%, Bitcoin dominance has reached its highest level in the past two years. This indicates a significant shift of funds from altcoins to Bitcoin. Based on historical patterns, it is noteworthy that after 777 days, Bitcoin dominance has typically made new highs. Therefore, it is essential to closely monitor the evolving dominance trend and its potential implications for the broader cryptocurrency market.
Impact on Altcoins
The recent increase in Bitcoin dominance suggests that investors are reallocating their funds from altcoins to Bitcoin. This reallocation can lead to a bearish outlook for altcoins in Bitcoin pairs. As Bitcoin continues to attract more investment, altcoins may experience a decline of 40-60% from their current levels. The trend indicates that funds are exiting altcoins, causing a decrease in their value relative to Bitcoin.
Support and Resistance Levels
Currently, the support level for Bitcoin dominance is at 48%. If Bitcoin dominance maintains above this level, it suggests that altcoins may face a substantial crash in the near future. Therefore, investors should pay close attention to this critical support level as it could be indicative of significant market shifts.
Moreover, the resistance level for Bitcoin dominance is at 63%. If Bitcoin dominance surpasses this level, it could signify further market dominance for Bitcoin and potentially lead to continued declines for altcoins in Bitcoin pairs.
Conclusion
The recent surge in Bitcoin dominance has important implications for the altcoin market. Investors should closely monitor the evolving dominance trend and be prepared for potential declines in altcoin prices. However, it is important to note that the cryptocurrency market is volatile and unpredictable, so it is impossible to say for certain what the future holds.
Recommendations
Based on the analysis in this report, we recommend the following for investors:
Monitor the Bitcoin dominance chart closely and be prepared for potential declines in altcoin prices.
Consider allocating a portion of your portfolio to Bitcoin, as it is likely to remain the dominant cryptocurrency in the long term.
Do your own research on altcoins before investing, as some of them may be more vulnerable to the effects of rising Bitcoin dominance.
We hope this report has been helpful. Please let us know if you have any questions.
Follow us for More Quality Analysis.
Thank you.
Bitcoin Weekly Chart Analysis ( All Time high Also Predict )Bitcoin Weekly Chart Analysis: Price Expected to Rise to $32,000
Bitcoin (BTC) has been on a bullish trend in recent weeks, with the cryptocurrency printing the biggest weekly candle in its entire history. As of now, BTC is trading at $28,000 and has broken through the weekend resistance, trading above the old resistance level of $25,000. The high time frame suggests that BTC is still bullish, and we can expect the price to reach around $32,000 in the coming days.
However, the $32,000 level is a strong resistance level, and there is a high chance that BTC could reject from there. It is also possible that there could be a retest at the $25,000 level before the price moves upward.
Looking forward, it is highly probable that we could see a new all-time high in 2025, with the price expected to reach between $150,000 and $180,000. It is essential to note that this is just a prediction and is subject to change depending on various factors.
In terms of support and resistance levels, the $25,000 and $20,000 levels are considered strong support Levels.
And $32000 is Strong Resistance Level.
Please Like and Follow us for more Quality updates.
Thank you
let's have an #update on #usdtdalright guys despite how mutch bullish I am on the high time frames I have to say that #usdtd had reacted perfectly to the point that I marked on the previous chart if you take a look at my profile, I already said that #usdtd is in a #super #bullish trend right now, as I said before and I showed on the chart for you there must be a pullback to the zone that it's been broken, this still means every price rising in the market is an opportunities for #sell #position and maybe getting out of the #long #positions
plz as always double manage your risk on #positions and #capital
#stay #safe
S&P 500 Daily Chart Analysis For December 17, 2021 Technical Analysis and Outlook
The continuous downtrend is pending by obsoletion of Mean Sup 4615; If confirmed, the Spooz is on its way to Outer Index Dip 4555 with the incentive of hitting Key Sup 4510. So, with go-between buying hit and run (Rapid fire trading) opportunities, there are unseen sup/res developments - Stay tuned.
DeGRAM | EURGBP Long The instrument is in a neutral position relative to a strong support level.
The price makes a false breakout of the upper flat line and corrects to the level of 0.845 for a possible consolidation.
If there is a trade above the level, then we can expect growth to the resistance of 0.85
-------------------
Share your opinion in the comments and support the idea with Like.
Thanks for your support!