MATICUSDT → Breaking through triangle resistanceBINANCE:MATICUSDT is forming an attempt to change the trend. The price is testing the resistance area of the descending triangle. A consolidation above the key level may start a strong distribution.
MATIC price is still in a bearish trend amid a strong cryptocurrency rally. For the last few days, the coin has been forming a resistance retest and is currently consolidating above 1.0303, a level that now plays a key role. If the bulls consolidate their positions above this level, they will form a potential for further growth of 20-50%. The first target is 1.1990, then 1.5490. On the weekly timeframe we see that the price realizes growth inside the range, the target of which is resistance.
Support levels: 1.03030, 0.9849.
Resistance levels: 1.1990, 1.5496.
The coin is breaking the resistance, but it is still under the pressure of sellers. If buyers consolidate their positions above 1.0303, form the so-called local bottom, strong growth awaits us in the medium and long term
BITSTAMP:BTCUSD CRYPTOCAP:TOTAL2 BINANCE:MATICUSD
Regards R. Linda!
Trend Line Break
AGLDUSDT → Pre-break consolidation. Possible growth of 30-60%BINANCE:AGLDUSDT is forming quite an interesting set-up that can realize a growth potential of 30-60% in the short-medium term.
On the high timeframe we see the formation of resistance at 1.404 and a sufficient number of retests of this area. In general, altcoins are strengthening quite strongly following the flagship, but AGLD is lagging behind, and the market is held back from the transition from neutral to bullish phase by only one level.
A pre-breakdown consolidation is forming around 1.400. Slow approach and gradual squeezing to 1.400 will signal a breakout soon. The price may go straight up without consolidation above the level.
Resistance levels: 1.404
Support levels: 1.286, 1.146
I expect a breakout of the resistance indicated on the chart, followed by the realization of the potential of 30 - 60%. Targets are indicated on the chart
BINANCE:BTCUSD CRYPTOCAP:TOTAL CRYPTOCAP:TOTAL2
Regards R. Linda!
Non-Farm trading strategy, decrease then increase againWorld gold prices continued to increase with spot gold increasing by 14 USD to 2,159.4 USD/ounce. Gold futures last traded at 2,167.3 USD/ounce, up 9.1 USD compared to yesterday morning.
World prices of the yellow metal extended their rally to an all-time high on Thursday as comments from US Federal Reserve Chairman Jerome Powell at a congressional hearing further reinforced expectations. Expectations of loosening monetary policy this year.
At the hearing, Mr. Powell said it is possible that interest rates could be cut this year if the economy is not as expected and there is more evidence that inflation is falling sustainably. The Fed Chairman also emphasized that it will not be long before we see inflation moving towards the target level of 2%.
According to CME's Fedwatch tool, traders are pricing in a 72% chance of a rate cut in June, compared with about 63% on February 29.
MATIC/USDT A fantastic opportunity LONG trade!BINANCE:MATICUSDT The weekly chart has recently breached a significant resistance level, with the price now trading above it. This sets the stage for a promising long trade, with a potential target price ranging between USD 4 to 5.
#MATIC/USDT SPOT LONG ENTRY
Leverage: 1x
Entries: $1.1668
Take profit 1: $1.5055
Take profit 2: $2.5197
Take profit 3: $5.0244
Stop Loss: $0.7197
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
Thanks
The sroced.
BAT NEW VOLUME INCREASEBAT seems to have a new volume increase with the possibility of a break in the coming time frames, we will check if this coin can break with the next confirmations.
The trend seems until now in the positive range.
GOLD → Can the market maker end the bull run?FX:XAUUSD continues to test the highs. Price is trading above ATH 2023y. Bull Run may not be permanent, market maker may form a false resistance breakout amid distribution exhaustion.
The exhaustion of the strong rally can be seen on this chart. Price is at its highs after a strong rally. It is not profitable for the market maker to let everyone make money :). At the moment the probability is quite high to see a false breakdown of 2148-2150 followed by a fall. It's not about trend change, but about correction. The global trend is bullish. But, there is strong news today. Initial Jobless Claims, Fed Chair Powell Testifies. And all this before tomorrow's NonFarm Payrolls. Worth paying attention to these things.
Resistance levels: 2148, 2150
Support levels: 2144, 2125, 2110, 2100
There is a possibility that the market maker is waiting for volume to form on long positions above 2145-2150 to turn price around. The correction after the bull run has a very high percentage of probability at the moment
TVC:DXY TVC:GOLD COMEX:GC1! COMEX_MINI:MGC1!
Regards R. Linda!
MASKUSDT → Pre-breakdown consolidation before growthBINANCE:MASKUSDT after the sell-off wave, which was triggered by the BTC correction from ATH, calms down and forms a pre-breakdown consolidation against the range resistance.
The coin forms a symmetrical triangle, a pattern that is a consolidation, but the price exit beyond the boundaries is accompanied by a surge in volume, liquidity and is essentially a distribution of previously accumulated potential.
Most likely, the market is aimed at the breakout of resistance with subsequent growth to the specified targets, for us it is 7.270.
Resistance levels: 5.132, triangle resistance
Support levels: 4.079, 3.090
I expect the continuation of accumulation with a gradual compression to resistance, which may soon lead to a breakout of the upper boundary of consolidation and further growth
BINANCE:BTCUSD CRYPTOCAP:TOTAL CRYPTOCAP:TOTAL2
Regards R. Linda!
Gold continuously reached the highest peak in historyWorld gold prices continued to increase with spot gold increasing by 18.2 USD to 2,145.4 USD/ounce. Gold futures last traded at 2,153.7 USD/ounce, up 12.7 USD compared to yesterday morning.
World yellow metal prices continued their upward momentum to record levels on March 6 (US time) as the market increasingly bet that the US Federal Reserve (Fed) will loosen monetary policy after Fed Chairman Jerome Powell's speech at the hearing.
Currently, investors are waiting for the employment report from the US Department of Labor. According to data released by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab, private payrolls increased by 140,000 last month after increasing by 111,000 in January. The report shows that the market US employment is still growing steadily.
In addition to interest rate expectations, experts say that precious metals are also supported by the demand of central banks. According to senior analyst Krishan Gopaul of the World Gold Council, last year's gold buying momentum is continuing to extend into this year. This expert predicts that 2024 could be another boom year for the yellow metal after witnessing a sharp increase in additional gold demand in January from countries that regularly buy gold such as China and Turkey. Ky, India…
GOLD → Will we reach 2150 before the news comes out?FX:XAUUSD strengthens to 2141.8, but, having failed to reach a few points to ATH, forms a correction on the background of increasing sell-offs, which leaves this gestalt open for the market.
Today-tomorrow there will be quite strong news, all the attention is on Fed head Powell. Interest rates, inflation and other things are likely to be discussed. Based on the general situation in the US, there is a possibility that the dollar will be supported further. This could have a negative impact on gold.
Volatility increases on the news. The important zones now are 2150 and 2125. There is a possibility that before the news or because of high volatility there may be a retest of 2150 before further fall, but there is also a possibility after a small correction to break 2125 and fall to 2100-2085.
Resistance levels: 2150, 2130, 2142
Support levels: 2125, 2110, 2100, 2088
I expect that the news may negatively affect the market. But before that the price may form a bullish impulse. Trade carefully as the news will be strong
TVC:GOLD MCX:GOLD1! COMEX_MINI:MGC1! COMEX:GC1! TVC:DXY
Regards R. Linda!
XAUUSDHello fellow traders. Today i was expecting great impulsive movement to the downside but the gold kept the rise. But for now I'll be looking for a short sell on gold till further breakout on HTFs. Let me know your thoughts 🙏📉
💡 USDCHF: Forecast March 6USDCHF D1 decreased yesterday, with a narrower fluctuation range compared to the previous few D1 bars, showing cumulative price compression. With the current sideways state, yesterday's narrowing of fluctuations suggests the possibility of an explosion in price fluctuations for USDCHF in the near future.
The accumulation status of USDCHF H1 is in the form of a symmetrical triangle model - which can create price fluctuations when the model is broken. The main trend of USDCHF H1 today continues to be waiting to buy.
💡 XAUUSD: Continued strong upward momentumGold prices were still trading near a three-month high on March 5 as US construction and manufacturing spending declined, while investors awaited a statement from the Federal Reserve Chairman. US state (Fed) Jerome Powell and important US employment data in February 2024 to provide signals on interest rate policy
“The rally in gold prices was triggered by weaker-than-expected US economic data and a decline in real interest rates,” said UBS strategist Joni Teves. But the general trend is to promote buying at low prices and investors' positive psychology towards gold also makes the market prone to price increases."
Market focus now shifts to Fed Chairman Powell's two-day Congressional testimony on March 6-7, while awaiting February jobs data, which will give investors more Clues about the "health" of the US economy and the timing of potential interest rate cuts by the Fed.
AVAXUSDTHi guys
Provided that the resistance range of $44.88 is consumed, the possibility of continuing the upward trend in the medium term is strengthened. The price area of $27.9 is a low-risk area for spot buying, provided that the resistance range is consumed.
What do you think?
💡 GBPUSD: Forecast March 6Yesterday's increase was the third consecutive increase for GBPUSD, however there were signs of weakness because yesterday's D1 bar had a long upper shadow, swept to the nearest peak and then pulled back down, creating a false break. Because there has not been a previous break from the inside bar, GBPUSD D1 is still in a state of accumulation and price compression.
Creating a new high price peak and maintaining a gradually higher price high and low structure helps GBPUSD H1 establish a continuing upward price trend. However, due to the weakness in D1, H1 should only be bought from the strong support zone below. You can wait to sell if this bottom is breached.
💡 EURUSD: Forecast March 5EURUSD recovered significantly in the past session from the support area of 1.08. Overall developments are still favorable for the buying strategy. You continue to hold existing positions, the target is still around the threshold. 1.09 and 1.10.
💡 XAUUSD: Forecast March 5World yellow metal prices reached a 3-month high at the beginning of the week, boosted by increased expectations that the US Federal Reserve (Fed) will loosen monetary policy.
According to UBS analyst Giovanni Staunovo, weaker-than-expected US economic data released last week pushed US real interest rates down and this is the cause of gold's price increase.
Last week, gold prices rose about $50 as reports showed tepid construction and manufacturing spending in the US as well as downward price pressure.
Market strategist Phillip Streible of Blue Line Futures predicts that gold can easily surpass record highs as he sees upcoming events as beneficial for the precious metal. Specifically, this expert believes that in his upcoming testimony before Congress, Fed Chairman Jerome Powell may appear more dovish about his policy. Besides, a gloomy employment report will be the next catalyst for gold to break out.
Strategy to sell today, predict a decrease then increase againWorld gold prices continued to increase with spot gold increasing by 12.1 USD to 2,127.2 USD/ounce. Gold futures last traded at 2,136.4 USD/ounce, up 10.1 USD compared to yesterday morning.
World gold prices continue to surge as the market becomes increasingly certain that the US Federal Reserve (Fed) will loosen monetary policy in June after a series of weak economic reports.
TD Securities commodity strategist Bart Melek said that the main factor pushing gold higher this week is the expectation of the first interest rate cut. The market is increasingly confident that the Fed will soon make a easing decision. This expert predicts that, with such confidence, the world gold price could be pushed to 2,300 USD/ounce in the second quarter of this year.
Besides, safe haven demand due to concerns related to the conflict in the Middle East also strongly supported the yellow metal. Gold, often used as a safe store of value during times of political and financial instability, has increased by more than $300 since the start of the Israel-Hamas conflict.
This expert added that it would not be surprising if gold prices increased when the Fed discussed loosening monetary policy. However, this precious metal will surge even further when the first interest rate cuts are carried out.
Currently, the market is eagerly waiting to see what Fed Chairman Jerome Powell will say at his testimony before Congress this week to know more about the US interest rate roadmap. In addition, the February employment report scheduled to be released on Friday is also information that attracts investors' attention because this data can change market sentiment and push gold to a closer range. This.
According to the CME FedWatch tool, traders now see a 70% chance that the Fed will begin cutting interest rates in June.
ALPH/USDT | GATE.IO | Micro/Macro Strategy | Daily TFi've loved alph very much since its inception. this chart has played out so well for me in these last 6 months.
finally another competitor PoW coin for the people.
i have been and will continue to stack this coin, if you haven't already. Do a little research on Alephium mining. it's easy AF and simple passive income, especially if your graphics cards are just idle, put them to work guys!.
here is my micro/macro trade for ALPH/USDC on the Daily TF. I do expect plenty of volatility as we stress the top of our previous ATH.
Also, as we do poke at this previous top a bit I will be watching on the 4hour for any re-entries and liquidity dips.
for now, i'm holding, watching the 4HR, daily & weekly timeframes for quick wicks of liquidity grabs.
in 2 weeks or less we will have our directional answer. no stops set here, only limit orders. my direction is heading North!
US30 BEARISH IDEA This is just another sell idea ( yellow arrow ) following our entry ( previous post ) which is risk free and running at around 175 pips !!
Technical remains a strong bearish view --> expecting a break of structure very soon
Main target is the ( 4H ) demand zone !
Trade only during N-Y session and only if price is in the rectangle
KEEP FOLLOWING IF YOU WOULD LIKE MORE PRECISION TRADES ( 1 : 7 ) - ( 1 : 10 ) !!
GOLD → Distribution continues. Is the target of 2150 relevant?FX:XAUUSD strengthens to 2120 and forms a new local consolidation within the distribution after coming out of a prolonged consolidation. Should we wait for further growth?
The price has entered an empty range of 2085 - 2150, within which there is no resistance, which suggests that the price can reach ATH - 2145-2150 quite easily and quickly. Consolidation, from which the price recently came out, lasted for 3 months, which allowed the market to accumulate a huge potential. The realization of such potential may take 20-40% of the duration of this consolidation. But, it is not about the distribution, but about the whole upward movement. Gold continues to form a global bullish trend.
Consolidation is forming on H4. Breakout and consolidation of the price above 2020 will form the potential for further growth to the maximum.
Resistance levels: 2120, 2145, 2150
Support levels: 2110, 2100
I expect growth to continue within the realized distribution phase, as the market has not yet reached its target. Local corrections, traps are possible, but the target may be reached in the near future
TVC:GOLD COMEX:GC1! COMEX_MINI:MGC1! TVC:DXY
Regards R. Linda!
GOLD → Distribution phase. When do we reach 2150?FX:XAUUSD is moving out of range. A distribution is being formed. During the trading week the price strengthens by 2.5%, and the closing of the price on Friday gives us prerequisites for further movement
As part of the outlook, gold has quite an interesting path ahead. Interest in the metal is increasing, especially within the framework of the unstable 2023 and early 2024. All of last week was favorable for gold as the US market pulsed with negative economic data. This contributed to the end of the consolidation and the beginning of the distribution. US regulators are not doing a very good job. Inflation is still high, jobless claims are rising, GDP is falling. But what they are confidently doing well is keeping interest rates flat for extended periods of time. lol
Prolonged consolidation is getting a denouement. Price is moving out of the triangle upward, breaking the range resistance. And the prerequisite for the resistance breakout was volume growth and consolidation formation near the upper boundary of the range. Since we see the distribution on the background of volume growth, and the closing of the daily candle on Friday indicates that the movement is not over, we can assume that the breakout of 2084 will provoke the continuation of growth to 2090, 2100 and further to 2150 - ATH.
Based on the general situation at the moment, we can distinguish two highly probable scenarios.
Since the market is bullish, as evidenced by the previously mentioned facts, we can conclude from the current assumptions: resistance breakout, realization phase, distribution, Friday candle closing, growing volume, that we should look for further growth.
Scenario 1 : Consolidation between 2087 and 2078 followed by a squeeze to 2087, breakout and rise to 2100 and 2125
Scenario 2 : Correction to 2078, to Fibo 0.236. False breakout, return to the range of 2087 - 2078. Breakout of resistance and growth to ATH
Resistance levels: 2082, 2087
Support levels: 2078, 0.236 fibo, 0.382 fibo
COMEX_MINI:MGC1! COMEX:GC1! TVC:GOLD TVC:DXY
Regards R. Linda!
BITCOIN → Rally stop. When do we reach $69 000 - $70 000?BINANCE:BTCUSD is testing 64K on the background of the rally triggered by the huge buying interest and is likely to enter the consolidation phase again. There is a little more than 10% to the global target, when will we reach it?
img: Strong zones, market circumstances and long-term outlook
The prospects for BTC are quite high as BTC-ETF advertising campaigns, trading volumes, records in ETFs, buying interest in both BTC and BTC-ETFs together continue to gain momentum.
BTCUSD is testing 64K quite a bit faster than everyone expected back in January-February. The strong distribution is once again transitioning into consolidation. At the moment, intermediate and global targets are 64900, 67800 and 69000.
Strong support zones are the 50-52K zones and the places where strong lines are crossed. Based on market data, a huge amount of BTC was bought here, which makes this area an intermediate market bottom.
Also worth noting is the 59K-60K support, similarly, there has been huge buying in this area, which also identifies this area as an intermediate bottom and strong support.
img: Actual situation on H1-H4. Formation of consolidation
As for local prospects.
The 64K-60K range is being formed. This range plays the role of consolidation while the price is restrained by its borders. On the background of price stoppage after strong growth, GBTC outflows increase again, some resistance area is formed, as well as strong liquidity below the local lows.
While the price is in consolidation, all these areas of liquidity will be liquidated, the price may test the support of 61K, 60K, 59500, as well as 0.236 fibo or even 0.382 fibo. Inside this range, between 64-60K, it is not worth to open trades, the best choice will be strong support areas.
As for selling: Against the backdrop of a strong trend, selling should be treated very carefully. I would recommend waiting for a test of ATH - 69K. Or the formation of strong preconditions to break the support of the current consolidation (59500-60500 lvl). A strong rally is unlikely to break 69K from the first time. The price will either form a deep correction or there will be another consolidation range. But we will discuss this after the retest of the high.
Support levels: 60500, 59600, 57600
Resistance levels: 63300, 63600, 64900
Consiliation is likely to be formed now and this phase should be considered on H1-H4 timeframes. Within the consolidation there may be retests of deeper levels, as well as false breakdowns of strong zones
CME:BTC1! BINANCE:BTCUSDT CRYPTOCAP:BTC CRYPTOCAP:TOTAL
Regards R. Linda!
💡 EURUSD: Forecast March 4EURUSD recovered strongly after approaching the 1.08 resistance threshold, a triangle-shaped accumulation area is forming, you need to pay attention to this model, if it breaks above, it will be a signal of consolidation. Check for previous bullish signals. Currently we still have long positions, with a stop loss below 1.08, you continue to hold these positions, the target is 1.09 and 1.1 respectively.
