Get started

Traders

Gold prices skyrocketed because of conflicts in the Middle East After Hamas' surprise military attack on Israel last weekend, safe-haven demand for gold increased sharply. Thereby, December gold price increased by 18.40 USD, to around 1,863.40 USD/ounce. Besides, the gold market is also being affected by US macroeconomic data about to be announced this week. Daniel Pavilonis, senior commodity broker at RJO Futures, said that the upcoming release of US CPI data will show that inflation is starting to weaken and that will be good for gold. Pavilonis predicts that gold prices may increase in the near future. Meanwhile, Marc Chandler, CEO at Bannockburn Global Forex, said the gold market needs more economic data to confirm the sustainability and clearer direction of the market. According to Chandler, currently the gold market is still mainly affected by the strength of the USD and bond yields, not the gold purchasing activities of central banks. He believes that gold will have to move above the level of 1,833 - 1,835 USD/ounce to stabilize the current trend.
TVC:GOLDShort
by FalCol_TradingMaster
1
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this eth/usdt update from Crypto Sanders. Chart Analysis:- Ethereum (ETH) was also a victim of today’s profit-taking, with the price once again falling below the 1,700 mark. ETH/USD sank to a bottom at 1,646.08 on Tuesday, less than 24 hours after peaking at a seven-week high of 1,733.51. The decline appears to have come after ethereum bulls were unable to force a breakout above a ceiling of 1,730. the sell-off engulfed gains from the past three days and came as the RSI fell below a floor of 60.00. the world’s second-largest cryptocurrency is trading at 1,656.73 and appears to be heading for a floor of 1,620. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
SasanSeifi 💁‍♂️PEPE 👉6H🔼 0.000000830 / 0.000000875In the 6-hour timeframe, as you can see, the price has experienced a growth of over 30% from the 0.0000006020 range. Currently, with the possibility of a price rejection from the supply area, we can consider a scenario where, after a correction and retesting, the price may once again move upwards if confirmed. The target for further growth could be the important resistance levels at 0.000000830 / 0.0000008755. To better understand the continuation of the price movement, we need to observe how the price reacts to the range between 0.0000007340 / 0.0000007560. If the price breaks below the support ranges and establishes itself lower, it may increase the likelihood of a further correction. 🔵Remember, always conduct your own analysis and consider other factors before making any trading decisions. Good luck!"✌️
by SasanSeifi
Understanding the Debate: Bitcoin ETFs and Investor Protection Talking About Bitcoin Funds: People in the US are having a big talk about whether it's okay to have special funds that let regular folks invest in Bitcoin, like buying a piece of it without dealing with all the technical stuff. Worried About Protecting Investors: Some important folks in the government are concerned about making sure regular people who want to invest in Bitcoin are safe. They think these special funds (Bitcoin ETFs) might be a safer way to do it. Mysterious Court Decision: These important people mention a decision by a court, but they didn't explain it. It seems this court decision might be a reason why they want the special Bitcoin funds to be allowed faster. Still Not Sure: The decision about whether to allow one of these special Bitcoin funds, managed by Cathie Wood's Ark Invest, has been delayed until November. This shows that the rules for dealing with Bitcoin in the US are still not very clear. Why It Matters: The big talk and the decision in November will affect how regular people can put their money into Bitcoin. If these special funds get the green light, it might make it easier and safer for people to invest in Bitcoin. But the delay and the ongoing talk show that people in charge are still figuring out how to handle Bitcoin, which can affect how it's used and invested in the US.
BITSTAMP:BTCUSD
by Captain_Only
Understanding the Current Standstill in Cryptocurrency Markets aCryptocurrency Prices Aren't Moving: Cryptocurrency values, especially Bitcoin, have been staying about the same recently. When prices don't change much, fewer people want to buy or sell them. Less Buying and Selling: People aren't trading as much on big cryptocurrency websites like Coinbase and Binance. That means they're not buying or selling as many cryptocurrencies as they used to. Companies Are Feeling It: Some businesses that help with cryptocurrency trading are doing less business in the United States because there's not as much trading happening. Trouble for People Who Invest: When fewer people are trading, it can be tough to buy or sell cryptocurrencies at a fair price. This can cause problems for people who invest in them. Investments in Cryptocurrency Companies Are Down: Less money is being put into cryptocurrency companies compared to companies that work on AI and machine learning. This shows that investors are more interested in AI right now. Hope for the Future: There's a chance that good things could happen in the future, like getting approval for a Bitcoin investment fund and an event that could make Bitcoin worth more. But there are also problems to deal with, like rules and legal issues. People Are Still Positive: Even with these challenges, many people still believe in the future of cryptocurrency. They think it's important for regular people to get involved again to make the cryptocurrency market better. To sum it up, cryptocurrency prices are staying the same, which makes people trade less. This affects companies and investors. More interest is going toward AI, but there's hope for cryptocurrencies with possible future changes. Despite difficulties, people are optimistic about cryptocurrency's future.
BITSTAMP:BTCUSD
by Captain_Only
39
EURCAD ABC BULLISH PATTERN Hello and welcome to an insightful journey into the world of trading chart patterns, where we'll explore how to analyze and leverage patterns like a professional trader. Whether you're new to trading or looking to refine your skills, understanding chart patterns can provide valuable insights into market trends and potential opportunities. The Power of Chart Patterns: Chart patterns are visual representations of market behavior, formed by the collective actions of traders. They offer a way to identify potential trends, reversals, and price targets. By recognizing these patterns, you can gain a competitive edge in the markets. Symmetry ABC Bullish Pattern on EURCAD: Today, we'll focus on a specific example: the Symmetry ABC Bullish Pattern observed on the EURCAD daily chart. This pattern consists of three distinct legs: A, B, and C. Leg A: The initial bullish move. Leg B: The corrective phase, often retracing part of the move from Leg A. Leg C: The continuation of the bullish trend, exceeding the high of Leg A. By identifying these legs, we can project potential price targets using Fibonacci extension levels. In our EURCAD example: 100% Target: At 1.50836 - representing a full extension of Leg A projected from the end of Leg B. 127% Target: At 1.52451 - a more ambitious target indicating strong momentum. 162% Target: At 1.54518 - the most aggressive target, suggesting significant bullish potential.
Long
by TradeChartPatternsLikeThePros
2
Traditional Finance Embraces CryptocurrencyValkyrie Funds will launch a Bitcoin ETF on October 20, reflecting growing interest in cryptocurrencies among traditional finance players. They've been involved in crypto since 2021 and already have a Bitcoin futures ETF on Nasdaq. Other major firms like BlackRock and Fidelity are also seeking approval for Bitcoin ETFs. Bitwise recently dropped its plan to include Ethereum, focusing solely on Bitcoin. The SEC's Chair, Gary Gensler, discussed cryptocurrency ETFs during a Senate hearing but didn't give a clear answer on spot ETF approvals
BITSTAMP:BTCUSD
by Captain_Only
9
Bitcoin dips, but on-chain data hints at a potential bull run.Bitcoin briefly dropped below $27,000, hitting a low of $26,940 after failing to surpass resistance at $27,393. Earlier, it reached $27,500 on news of Nomura's Bitcoin adoption fund for institutions. On-chain data from Santiment shows increased Bitcoin activity since April, especially above $27,000. There's also a rise in dormant Bitcoin movement, indicating wallet activity when prices exceed $27,000. In September, daily active Bitcoin addresses averaged 1.1 million, the highest since April, suggesting improved network usage. Analysts suggest this growing on-chain activity might signal a return of the Bitcoin bull run. Currently, it hovers around $27,062, down 0.62%.
CRYPTO:BTCUSD
by Hinata_Sumi
62
Major Ethereum Holder Shifts $20 Million to Binance Amidst SpikeA notable Ethereum whale address moved 8,000 ETH ($13.24 million) to Binance, following previous transfers of 4,000 ETH, totaling $20 million in 20 days. The address initially received 64,000 ETH worth $106 million, raising speculation about its connection to czsamsunsb.eth. Additionally, a surge in Ethereum call options trading on Deribit was reported, with contracts valued at $150 million. This heightened activity suggests significant interest from large traders (whales) in Ethereum price movements.
FOREXCOM:XAUUSD
by Hinata_Sumi
56
PEAB - Great opportunity for a long-term holdPEAB is a construction company based in Sweden, if you are interested in dividend stocks this might be something for you. PEAB looks very promising in these areas. The housing market is on the verge of an upturn again, and interest rates are likely to start decreasing next year. I see no reason not to invest in the company right now, given its current valuation, and hold for many years to come. I have bought some shares at these levels. If you factor in the annual inflation we have, PEAB is not far from the 2008 low, and that bottom was extreme. In my opinion, we are currently very oversold.
OMXSTO:PEAB_BLong
by WealthNode
Trade with gold 18/9The cryptocurrency market had a quiet week, but Stellar's XLM saw an 11% drop after a high-profile commercial featuring Idris Elba. Swan Bitcoin faced a hack, leading to suspicions about Ripple's acquisition of Fortress Trust. Binance CEO CZ made a $3 million donation to Moroccan users while facing SEC litigation, and Binance's U.S. CEO resigned. OneCoin co-founder was sentenced to 20 years for a $4 billion scam. Google Cloud partnered with LayerZero for transaction verification. SuperRare announced layoffs, but the overall crypto industry is positive with Visa supporting USDC on Solana and the London Stock Exchange using blockchain for tokenized financial assets.
FOREXCOM:XAUUSD
by Hinata_Sumi
50
SasanSeifi 💁‍♂️INJ👉1D🔻 6.50$ / 5.50$Hey there! In the daily timeframe, as you can see, the trend fluctuates within the price range of $5 and $10. ▫️ Currently, it's trading around the $7.20 price range. The expectation we can have is for the price to continue towards the price range of $6.50 and the support zone of $5.50 with a corrective trend. To better understand the continuation of the upward trend, it's important to observe how the price reacts to the support levels during this correction. Otherwise, if the price manages to break above the resistance level of $8 and establishes itself, we might witness further growth towards the $9 price range. For now, the trend appears to be corrective.📊 🔵Remember, always conduct your own analysis and consider other factors before making any trading decisions. Good luck!"✌️✨ ❎ (DYOR)...⚠️⚜️ Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help! And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
Short
by SasanSeifi
SasanSeifi 💁‍♂️MASK/USDT 👉1W🔻 LONGTERMHey there! When we take a look at the weekly timeframe, we can see that the price has taken a dip from the $4.80 range and has now reached the $3 support level due to some selling pressure. At the moment, it's trading within the range of $3.56, showing a period of consolidation with a positive response to the support level. Looking ahead, there's a possibility of further price correction in the long term. Let's explore a scenario in the weekly timeframe: The price could Potentially continue correcting toward the price targets of $2.80 and the Fair Value Gap (FVG) range of $2.60, accompanied by price fluctuations. By Keeping an eye on the support levels and observing positive price movements on lower timeframes, we'll gain better insights into The continuation of the price trend. To better understand how the price will move in the future, it's important to pay attention to how it reacts to the support levels. On the other hand, if the price breaks below the significant support level of $2.60 and remains stable below it, we might see a further price correction. Just remember that the key resistance levels in the weekly Timeframe are $4.20 and $5. If you have any more questions or need further clarification, please feel free to ask. ❎ (DYOR)...⚠️⚜️ If you like my analysis, please Like and comment.🙏✌️
by SasanSeifi
8
SasanSeifi 💁‍♂️BTC.Watching Key Levels for Potential Breakouts❗Hey there, buddy!✌️ By examining the chart in the daily timeframe, as you can see, The price has been moving back and forth between $31,000 and $29,500, showing a consolidation pattern with decent trading volume. It's crucial to keep an eye on the support level at $29,500 to see if it holds. Now, here are a couple of scenarios to consider: Scenario 1: If the price breaks below the liquidity range, confirms a sell signal, and drops below the important support level of $29,500, we might see a correction towards $29,000, $28,400, and even $27,400. It's important to see how the price reacts to these support levels to understand the next move.💹 Scenario 2: On the flip side, if the price manages to break above the strong resistance levels at $31,400 and $32,000 and stays above them, there's a chance for further upside towards $34,000 and $36,000.💹 ⭕️Remember, this analysis is for informational purposes only and shouldn't be considered investment advice. Wishing you loads of success in your trading adventures, my friend!✌️ ❎ (DYOR)...⚠️⚜️ 🔹Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help! 🔹And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙌
by SasanSeifi
SasanSeifi 💁‍♂️LTC 👉12H🔻 77$ / 70$ Hey there! As you can see from the 12-hour timeframe, there's a corrective trend going on right now, with the current trading price around $81. I'm kinda expecting the price to adjust down to the $77 liquidity zones. To get a clearer picture, it'll be interesting to see if that support range holds up, right? If it gets a good confirmation around that price, we might see some positive fluctuations. On the flip side, if it doesn't hold up, we could be looking at further corrections possibly down to the $70 range. Let's keep an eye on it! Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.❗ Wishing you loads of success in your trading adventures, my friend!✌ ❎ (DYOR)...⚠️⚜️ Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help! And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
by SasanSeifi
8
SasanSeifi 💁‍♂️XMR👉1D🔻 149$ / 145$Hey there! In the daily timeframe, we can certainly see that after a rise from the $172 range, there was a corrective trend. And now that the price has broken through the LOW $155 mark, I'm kinda thinking we might see it adjust around the $149 and $145. However, it's always good to see how the price reacts at support levels. What's your opinion? Do you agree with this analysis? Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.❗ Wishing you loads of success in your trading adventures, my friend!✌ ❎ (DYOR)...⚠️⚜️ Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help! And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
XShort
by SasanSeifi
GOLD SHORT SCALP SIGNAL 15 MINHello friends, I have previously announced the long-term analysis of the global gold market in higher time frames. I recommend that if you haven't seen that chart, be sure to take a look. However, in this time frame, we can take short-term trading opportunities with a scalping approach and risk for logical rewards. I have identified two positions for you. It is worth mentioning that these positions do not contradict the long-term analysis. Also, please note that this trade carries a high level of risk, and capital management should be carefully considered. Wherever you are, be happy and profitable.
OANDA:XAUUSDShort
by jawad369