PIVXUSDT will Be 100x?
The Fibonacci retracement level of 50% has effectively served as strong support for this currency, initiating an bearish trend.
If the main trendline breaking, the possibility of growth up to the historical price ceiling exists!
If you are a highly risk-tolerant investor, you may consider projects with a market cap below $40 million listed on Binance, especially those recently listed like PIVX.
⚠️ Ideal scenario for these projects: You can allocate 5% to 10% of your principal capital to hold!
Preferably in the lower-risk range, especially after a trendline break! (Expensive but low risk)
Trend Line Break
FILUSDT → Pre-breakdown consolidation. Prepare for growth by 50%BINANCE:FILUSDT is still in the bearish trend phase and is squeezed under the global trend resistance against which a pattern is forming that could turn the market.
Lately, the coin has been building volume and increasing liquidity, but it is still trading under the pressure of resistance. A symmetrical triangle is forming relative to this line on H4, a break of which resistance is capable of breaking the global trend. Why can the resistance of this figure be broken? Because a pre-breakout consolidation is formed relative to this boundary and the market starts to go beyond it.
Resistance levels: 9.543
Support levels: 8.994
Resistance at 9.543 currently restrains the market from realizing the accumulated potential. But the overall setup hints at the readiness to break this area, which will start forming an upward momentum. Targets in this case could be 11.780 and 14.43
BINANCE:BTCUSD CME:BTC1! CRYPTOCAP:TOTAL CRYPTOCAP:TOTAL2
Regards R. Linda!
AUDUSD → Price is getting ready to break support FX:AUDUSD is forming a downtrend amid the growing dollar index. The currency pair is under pressure from sellers.
Support level 0.64039 is forming on D1, which continues to hold the market. But, the buyers' urge may be broken, as the price continues to squeeze to the support and is gaining potential for this. On the background of the rising USD and weakening Aussie, the sellers have high chances. The target in this case will be the area of 0.6443 and 0.6352.
Resistance levels: 0.6540
Support levels: 0.6504, 0.6443
Technically, the currency pair has a negative background and most likely the decline will continue. A break of this support will give a bearish impulse.
Regards R. Linda!
GOLD → Buyer imbalance within the range. Liquidation?FX:XAUUSD is testing resistance once again very slowly and gradually, protecting local support zones, below which a huge pool of liquidity is formed. What to expect from the market maker?
On the background of growth and retest of the range resistance we see low volumes. The range is narrowing and technically this could indicate a willingness to break resistance. But I stick to the format that the market maker is gathering all buyers to further liquidate. The chart shows localized areas of liquidity and none of them have been tested in the last 2 weeks. The market will never let the crowd make money. A retest of the far resistance is possible before further liquidation of all buyers inside the range.
Resistance levels: 2195, 2212, 2222
Support levels: 2186, 2180, 2166, 2150, 2144
Technically, there is a huge imbalance of buyers inside the range, clearly, the market maker has a "liquidate buyers" item set on the checklist. Price is still in the range, and I am still waiting for a retest of the lower liquidity areas, which for many on the current chart may seem unacceptable. Let's see
TVC:DXY COMEX:GC1!
Regards R. Linda!
💡 XAUUSD: Forecast March 27Although the price increased yesterday, the D1 gold bar created a very large bearish pinbar, with a very long upper shadow and closed less than 1/2 of the range, closing inside the previous price bar, which was also a bearish pinbar. Such price behavior reflects the weakening of the upward price momentum, suggesting the possibility that prices may continue to level off or adjust downward. D1 gold chart structure is cumulative sideways.
With a strong inverted V structure from above, H1 gold showed strong selling block in the area around the round number 2,200 yesterday. The false break signal occurs when H1 gold surpasses recent price peaks and then quickly pulls back down again. Weakness is visible in both time frames. The main trend of H1 gold today is to wait for selling from the resistance above. If the price breaks out and rises further, you can wait to buy again, because at that time the short-term price increase strength has formed.
GOLD → Trading inside the range. Target is support FX:XAUUSD is trading inside the range. The markmet-maker is liquidating sellers relative to the 2180-2200 area, after which it forms a false breakdown of 2195 and returns to the range again.
On D1 everything is the same. The market continues to form a sideways range. There are no reasons for the price to leave 2195-2144. After testing the upper part of the range, the market still has targets below 2166, especially the area of the lower boundary of the flat, as there is a huge amount of liquidity hidden there, which is clearly of interest to traders. Consolidation below 2180 may favorably influence the price down to 2166. A break of 2166 will send the price to 2150 and 2144.
Resistance levels: 2180, 2186
Support levels: 2166, 2150, 2144
Technically, the local trend is neutral. It is acceptable to trade both buying and selling. But the market has an unclosed gestalt within the range trading: liquidity area 2150-2144
TVC:DXY COMEX:GC1!
Regards R. Linda!
USDJPY → Rate hike negatively affects JPY USDJPY is preparing to continue its bullish trend amid strong sell-offs of the Japanese national currency. Medium-term target could be 155.0
Amid the change of tactics of the Japanese central bank, traders are still negative towards the JPY and are still very much increasing short positions. On D1 the market still has a strong buyer in the currency pair, this can also be interpreted as the absence of a seller.
Previous: The central bank broke out of the negative rate trend by raising the interest rate for the first time in 17 years.
Resistance levels: 151.786
Support levels: 150.800
Technically and fundamentally, the currency pair is preparing for the continuation of the bullish trend. A breakout of the nearest resistance will signal a continuation of the upward trend
Regards R. Linda!
💡 EURUSD: Forecast March 27EURUSD yesterday rose to the resistance zone around 1.0855 and formed a selling pressure zone for us. You can enter a sell order with the bearish candle marked with a red arrow as shown in the chart.
Currently, the market is turning bearish. If you look at the low time frame, you can see this downward trend much more clearly. Our current trading strategy is selling. and the nearest resistance area is the supply area and is struggling around the previous peak at the price level of 1.0840. If the price can return to this resistance area, you can find a signal to sell.
Gold continues to move unexpectedly, entry sell todayWorld gold prices inched up slightly with spot gold increasing by 5.7 USD to 2,176.5 USD/ounce. Gold futures last traded at 2,177.6 USD/ounce, up 4.6 USD compared to yesterday morning.
The world gold market fluctuated slightly as investors were still waiting for US inflation data later this week to know more about when the US Federal Reserve (Fed) will begin to loosen monetary policy. bad this year.
RJO Futures senior market strategist Bob Haberkorn predicts gold will rise in the near term on interest rate expectations, unless the Fed changes its stance or makes some announcement that it will eliminate interest rate cuts. capacity.
Gold could fall again if personal consumption spending data is stronger than expected, Haberkorn said. However, this precious metal will quickly regain its upward momentum.
Last week, gold hit a record high of $2,222.39 an ounce after Fed policymakers said they still expected to cut interest rates by three-quarters of a percentage point in 2024 despite persistent inflation. still far from the target level of 2%. Currently, traders are currently forecasting a 71% chance that the first rate cut will take place in June.
GOLD → Range trading. What is the importance of the 2144 area?FX:XAUUSD is trading inside the global range, forming a small flat inside. Consolidation continues and at the moment there is no reason for the price to leave the 2195-2144 channel.
On D1 and H4 we see a sideways channel, a range. The market is clearly bullish, but at the moment the price is standing still. On the left side of the chart we see local liquidity zones, which the market maker will gradually reach. But, the most interesting thing is that the main gestalt is not closed yet: the strong support at 2144 has not been tested yet, and neither has the liquidity in this zone. On H1 we see an upward movement. The target of such a move could be the 2180-2185 area, or range resistance with a subsequent decline to targets below. A standard trading situation inside the range is being formed.
Resistance levels: 2186, 2180, 2195
Support levels: 2166, 2150, 2144
Within the mentioned flat, the price is trading between the zones, levels, forming consolidation. There is an important area inside the range, which has not been tested yet, hence, the market may head from the resistance to the indicated liquidity zone below
COMEX:GC1! TVC:DXY COMEX_MINI:MGC1!
Regards R. Linda!
EURUSD → Resistance pressure on the bearish trend FX:EURUSD is testing the support of the range formed inside the bearish trend. There is resistance pressure in the market.
Bostic ( Fed ) stated that he now expects only one interest rate cut this year, thus this comment can be read as a hawkish attitude of the regulator. Bostic is often aggressive in his comments after Powell's speech
The dollar index are in a bullish phase, which has a negative impact on the euro. On H4, the price is bouncing off the support and may test the nearest resistance before further declining on the trend.
Resistance levels: 1.08597, 1.08975
Support levels: 1.07958, 1.07030
Technically, against the background of bearish trend, the resistance may affect the price accordingly, which may lead to a retest of the support with a subsequent breakout and decline.
Regards R. Linda!
SOLUSD Neutral Outlook CRYPTOCAP:SOL is at a unique point in its recent breakout. As you can see with the blue lines we broke out of a bull flag recently. This move has since shown higher lows and higher highs being put in. The yellow line is the current uptrend and unless it is invalidated this may be a good entry for the bulls. Otherwise the bears can look for their opportunity when the yellow trend line is broken and we push lower.
As always manage your risk and ask questions!!
💡 XAUUSD: Maintained within a large amplitudeGold increased yesterday, but with a narrow increase range and an upper shadow, closing 1/2 of the range, and falling inside the large D1 bar first to create the Inside bar model, D1 gold showed yesterday to be weak increase day. Yesterday's price bar also narrowed fluctuations, forming bar NR4, which is the price bar with the narrowest range in the last 4 days. With the price action combo Inside Bar + NR4 created, gold D1 is deeply compressing the price, there may be strong price movement here.
There have been no significant changes in the H1 gold chart structure. Price is still moving sideways within the price range. The current H1 gold chart structure is more bearish, so we can wait to sell H1 gold today from the above level. If the price breaks out, you can wait for a retest to buy.
💡 GBPUSD: Forecast March 25GBPUSD fell sharply in the last session after creating a bearish engulfing candlestick pattern. Currently, the resistance level of 1.26 is showing signs of being broken, selling pressure is still very strong, continuing to expect the price to go down in the short term, The target is still around 1.25xx. The position to enter a sell order at this time is not good. You should wait for a rebound to the 1.27xx area before considering entering the order.
💡 XAUUSD: Trend down Gold prices continued to slide in the last session of the week after the strong decline signals mentioned previously. Although the buying force is returning this morning, regaining most of the previous reductions, this move has not significantly changed the situation, you can still keep your existing selling strategy, especially We now have an additional bearish pin bar pattern on the weekly, the target is still around 2145 and 2080 respectively.
XAUUSD 100% CONFIRM ANALYSISDiscover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Selling strategy today, downtrendWorld gold prices increased with spot gold increasing by 7.5 USD to 2,170.8 USD/ounce. Gold futures last traded at 2,173 USD/ounce, up 13.2 USD compared to yesterday morning.
Prices for the yellow metal rose slightly in early trading as investors awaited key economic data and comments from US Federal Reserve (Fed) officials this week for further confirmation. loosening monetary policy of the US Central Bank.
The market is currently waiting for weekly initial jobless claims data to be released on March 28 and core personal consumption expenditure index (PCE) data expected to be released. the day after that. However, because the market will be closed this Friday as the US closes for the Good Friday holiday, PCE data will not have an impact on gold until early next week.
Research expert Kunal Shah of Nirmal Bang Commodities predicts that US inflation indicators will have a significant impact on the gold market. According to him, any PCE figure lower than expected will weaken the USD and push up gold prices and vice versa.
GOLD → Trading within the range between levels FX:XAUUSD is forming a correction after a false breakdown of the resistance of the range. Against the backdrop of a strengthening dollar index, pressure from resistance appears in gold.
The market is starting to bet that the Fed will not cut rates this year. At the same time Bostic (Fed) said he now expects only one Fed rate cut this year following Powell's comments about a pledged 0.75% cut in 2024.
Gold on D1 in the 2195, 2148 range. The candlestick setup is bearish and most likely inclined to see the decline continue. The target in this case is the area of 2150-2145. On H1, the market is forming pressure from sellers on the background of strengthening dollar index.
Resistance levels: 2172, 2177
Support levels: 2166, 2156, 2150, 2144
Technically, within the range gold may test the liquidity area 2150-2145 as it is a tidbit for both market maker and traders at the moment
TVC:DXY COMEX:GC1!
Regards R. Linda!