GDX LOOKING FOR A MOVE UPWARDSAs the title indicates, I'm looking for another decent-sized move in precious metals. The war in Ukraine, bitcoin gaining support from more and more regulators, climate change/green energy initiative and the oil crisis (if there is one) are all serious things that could put a lot of pressure on the U.S. dollar. I like gold better than cryptocurrencies that are likely to be very volatile and uncertain.
Gold has been around for thousands of years for a reason. A sharp rise in gold prices are to be expected, but when have we ever witnessed gold losing 30% overnight? The answer is never.
Seeing a return from an investment in gold is all about timing. Obviously you don't want to be invested to heavily in gold when the equities are performing real well. On the other hand, when the market is uncertain it's good place to go.
GDXJ, GLD.. my bullish stance is on the metals market, silver and fuel metals like uranium and lithium, of course NICKEL!!!! Palladium seems to be doing well also.
Good Luck!
WAR
CATCH ME IF YOU CANThe Russian ruble or rouble is the official currency of the Russian Federation. The ruble is subdivided into 100 kopeks. The first Russian ruble (code: RUR) replaced the Soviet ruble (code: SUR) in September 1993 at parity or 1 SUR = 1 RUR. In 1998, preceding the financial crisis, the current ruble was redenominated with the new code "RUB" and was exchanged at the rate of 1 RUB = 1,000 RUR.
The ruble was the currency of the Russian Empire and of the Soviet Union (as the Soviet ruble). However, today only Russia, Belarus and Transnistria use currencies with the same name. The Russian ruble is also unofficially used in the four partially recognised republics of Abkhazia, South Ossetia, Donetsk and Luhansk. As of April 2019, the ruble is the seventeenth most traded currency in the world, and a free-floating currency.
ETHEREUM AT CRUCIAL LEVELWelcome back,
ETH has converged into a crucial zone between the 60 Day (white) and 500 Day (orange) Simple Moving Averages. We have not seen a close below the 500 MA since April 21, 2020, and this may represent a reversal area for the downtrend beginning back in November of 2021. We tested this metric with a false break wick just days ago on 03/07/2022, and we are currently retesting support. If support fails, we may see some incredible buying opportunities. The white lines represent high volume nodes where support may be found. IF support fails, you will want to have the levels at the bottom of the page written down. $1700 is a notable low if we go into a bad recession, however that seems quite unlikely.
Although we are certainly experiencing uncertain times amongst war, supply bottlenecks, inflation, and interest rate hike scares, there may still be hope. NATO is largely united against Putin's delusional desires to reform the former Soviet Union, likely because if Russia finds success in Ukraine, the surrounding former soviet countries may be soon to follow. The Russian economy is suffocating, and the longer the war effort is maintained, the more devastating it will be for Russia. One may worry about China's position, however the CCP is 'China first' before anything else. With economic growth slowing and monetary policy still accommodating, there may be bigger problems at hand if China's growth continues to dwindle.
When he speaks on March 16, Jerome Powell may not want to be the one who possibly forces a global recession with the world economy is in its current fragile state, and the war forces the FED to proceed with extreme caution. With markets previously attempting to price in a 50 point base rate hike with extreme volatility, anything over a 25 point rate hike will likely be received very negatively by the markets. This would be great for the bears. For the bulls however, a clean upwards break of this 60MA-500MA zone will likely signal the next bull market is in. The 180 day (blue) MA may act as resistance on the way up, and will also be an important level to transcend.
Summary
You will need to follow the news on the war, we are in extremely headline sensitive times. On March 16, Jerome Powell will hopefully clarify the FED's plan to tackle inflation. Ideally for the Bulls, he will provide clarity, and much needed confidence which the markets have desperately lacked since the end of 2021 (the period when the FED's original plan 'transitory' estimated inflation would revert back towards normalcy.)
Headline war news may catalyze the markets in either direction.
Resistance Levels:
$3,235
$4,028
$4,375
$4,868
Support Levels:
$2,455
$2,322
$2,133
$1,975
$1,830
$1,700
$1,300
Disclaimer:
I am neither licensed nor certified to provide financial advice, and this is posted for entertainment purposes only. I am not responsible for any losses or damages, you are responsible for doing your own research and making your own decisions. Good luck and thanks for reading!
Bitcoin by Rocket Bomb🚀💣 11/03Hello, friends! Once I thought, that the worst time in my life was depression from lost money in the crypto market in 2017, or in 2021, then I thought, that I wouldn't survive the Coronovirus and that was worse. How wrong I was...
The worst thing is happening now! The last 14 days... right now I'm writing to you to the sound of sirens, that don't end, they are day and night... people are dying...
I understand, that many people are not interested in this, many are already tired of such news, but that's what surrounds me now, what I live in. I'm used to sharing and being sincere with you.
Now the fate of the markets depends on the military policy of the world. It's hard to say what will happen next, because the world has become a hostage of one person.
🇺🇦 I BELIEVE EVERYTHING WILL BE GOOD! 🇺🇦
Let's not forget that even in the most terrible times, strong manipulations take place in the Crypto market and anything can happen.
On the chart, you can see that dynamic support and resistance form a conditional triangle, which can continue for several months, which may mean sideways movement or, in other words, market uncertainty. Big players left the market a long time ago, and if you look at the hourly chart, you can see chaotic movements that can't be described by technical analysis.
Guys, I'm so scared, scared that such inhumanity is possible in 2022, I really hope that we Ukrainians will not be left alone with this misfortune!
Speak, don't be silent! We need your support!💙💛
Stay with me, subscribe, for not get lost. I will be glad to see your activity by clicking 👍 like button and writing comments!♥️
Always Sincerely Yours Rocket Bomb 🚀💣
WeStarter project backed by Continue Capital The first financing of WeStarter (WAR) was completed on April 15th 2021, and the participated investment institutions include Continue Capital, SevenX Ventures, NGC Ventures, AU21 Capital, Spark Digital Capital, LD Capital, Power Law Capital, Kyros Ventures, DoraHacks Ventures, SkyVentures, DEFI TIMES CAPITAL and others.
Continue Capital also invested in Cosmos ATOM, ChainLink, Polkadot, Tezos, OX, Near, Graph. Algorand, Certik, Zilliqa, Hedera Hashgraph, Fusion and many others.
WAR WeStarter will soon launch CryptoSteam
Aaron Pulkka, former vice-president of Activision Blizzard , founded CryptoSteam, a crypto-games publishing platform, and invented the concept of GameFi 2.0.
The vision of CryptoSteam is to become the infrastructure provider of Metaverse, and be the bridge to connect all other meta-universes together.
WAR WeStarter is a cross-chain token initial swap platform which selects high-quality crypto projects that need fundraising before listing to major exchanges.
It was launched in May 2021 at $2. Due to market conditions, the price is now $0.04 and the market cap is less than $1 million.
A similar incubator is SFUND Seedify, has a mk cap of $124Mil.
So The upside potential is 124X from here just to reach SFUND`s market cap.
Extremely low circulating supply, with few thousands usd, you ca substantially move the price.
The RSI shows a massive bullish divergence . Increase in volume while decrease in price. Oversold area!
Minimum upside potential is 10X in my opinion.
THE FINAL HIGH OF THE GOLD HAS BEEN LOCKEDThere we go, I was wrong with the 123%,127% for the final high of the gold, it only played in this zone.
Gold went to actually reach the 161,8% objective for the C of the B.
Within the C, we can tell an ABC pattern, where the C almost reached the 161% too.
The RSI in now overvalued.
Let's see how far XAUUSD will drop
USDJPY bullish scenario:The USD/JPY climbs for the second straight day, following a busy day in the markets. Geopolitical headlines keep market volatility high and investors on their toes. Data-wise, the US economic docket featured the Trade Balance, which printed a deficit, while Imports increased and Exports came short than expected.
In this pair, technical analysis shows a technical figure Triangle. The Triangle broke through the resistance line on 09/03/2022. USD/JPY is forming a bullish formation on a daily chart. If the price holds above this level, we will have a possible bullish price movement with a forecast for the next 12 days with a target of 116.42. According to the experts, your stop loss should be around 114.65 if you enter this position.
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AUDUSD - Possible Bearish ReversalHere is a new SELL Scenario for AUDUSD, i expect the dollar to continue to be the safeheaven
There will be no peace soon with the war between russia an ukraine
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reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
TSLA Idea Short Overall looking at bearish sentiment on Tesla (TSLA) down to projection of the 725.05 area. With war, inflation, and the aftermath of the pandemic, a lot of stocks have started a sell-off. We could see a possible small retracement bullish however the overall sentiment is bearish. It lines up with a strong demand level, price action, and Fibonacci TP projections.
ENSV RunnerI have an idea on how to find runners. This one, even though it is up 200% for the day, will still run at least another 100% today.
Wallstreets wants the Q's weekly EMA 200 again?Currently we are inmiddle of one of the most chaotic times, and stockmarket is starting to price in some serious fears into the market.
Just eventually be prepared, that wallstreet might be aiming for some real deep value here.
Btw. currently we buy the 100 week average price on nasdaq, not the worst spot to maybe start a fresh longterm depot, DCAing on the way down to maybe the weekly 200 might be somewhat of a chance with long horizon.
Stay safe guys, trade setups coming soon again, busy times..
USDCAD: 1.29400 An Ideal Target Shall 1.28170 Is Broken!With OIL gaining traction everyday since the conflict began, the commodity linked/ OIL linked CAD has been seesawing against the in demand SAFEHAVEN USD. Based on the daily technical picture, we can see this statement backed by rising strong ascending trendline on our main chart.
USDCAD now would likely take a dig at its next target located at 1.29400. However before this happens, the daily candle must first close above 1.28170. This close would give us conformation that indeed the resistance has been broken and the price is ready to head higher.
Once this breakout is confirmed, a LONG trade can be executed based on ideal risk to reward ratio. With ideal RR being not less than 1, it would be advisable to wait for price to retrace and then execute this trade. The main chart would provide these details in deep as you observe it.
Cheers, I hope you found this insight helpful. FOLLOW & LIKE for more insights on major currencies pairs
xauusd /forecasting gold priceXAUUSD / GOLD / FOREX
As can be seen in the gold price chart, if the price can cross the $ 2080 resistance range, it can be assumed that further resistance will be available in the medium term.
Significant resistance levels for the gold price range are $ 2080, $ 2300 and $ 2570.
----------------
Be Defferent ...
Hamid Rahathhagh
Russian Economy Collapse >>> Russian Ruble is in free-fallin less than one week Russia lost 270 Billion in Economic Value ... the Russian Ruble is in free-fall >>> Russian Ruble is off 60% and is currently trading less then 1 penny ( 0.0081 USD )( 20% less than 1 penny ) >>> the UN Sanctions are a total fiasco to Vladimir Putin >>> Russia must stop the WAR and negotiate sees-fire (ASAP) otherwise it will lose all of its Economic Value by the end of March 2022 >>> Putin caused Disaster to Russian Economy >>>
EMA Crossover (Not happened since March 2020)Bullish Volatility!
55 EMA has now crossed above the 120.
Looking back, this has not occurred since March 4, 2020.
The time before that was October 15, 2018!!
This is a historically valid pattern.
I've been watching this thing for years and now is the time to stack volatility. The Russians are disconnecting from the internet, inflation is only going to get far worse with grain, wheat, and oil prices skyrocketing and the war only increasing.
Don't overthink it.
Are we entering volatile times? Yes.
Is the money printer getting turned off? Yes.
Is inflation keeping the Fed from saving things this time?... I can't say they won't try, but I can tell you that they have no control over consumer price inflation like food and gas. Their policies only affect asset prices like houses, stocks, and bonds. They have been able to print money however for the last 13 years because they convinced everyone that they were controlling inflation. No they weren't. The global supply chain and ability to get cheap products in days was what was controlling inflation for the last 20-30 years!
WHEN they raise interest rates, it will not lower food inflation because they have nothing to do with each other. The only thing that will help food inflation is a de-escalation in Ukraine. Interest rates effect one's ability to access capital and credit. This ample credit access is not used for food. It's used to buy overpriced real estate and stocks. SO making that access to credit more difficult won't effect food sales, but far moreso house sales.
Gold and The Safe Haven MythConsidering the science of price action, the idea of a surefire safe-haven is only but a myth. Corrections are mandated and will continually occur, just as push is to pull.
Plainly put, the only legitimate safe haven is great analysis.
Gold preps for a return to $1775-$1800. All those who bought the top (assuming this was a safe haven) are destined for a sizable correction).
Eurgbp analysisEURGBP dropped last week and went below the six-year old support level (valid since July of 2016), that happend because of the war between Russia and Ukraine, that situaiton weighed on the Euro.
Now we can see the price in a sort of falling wedge and we must notice that the break of the lows of last week is not confirmed yet as a breakout because we can see a clear divergence in daily chart with 14,3,3 Stochastic, in addition the price is in the lower band of Bollinger.
This situation suggests a possible retracement towards 0.84 essentially in order to close a gap created last monday.
We need to wait an increase of Momentum before thinking about opening a position but the risk reward for a buy is pretty good now.
Cot report suggests net Euro positions are bigger than net GBP position.
Pay attenton to news and use a proper money management.
I will update my idea
US30 still playing out the 2008 crash patternPrice broke the support again. We are early in the week but looking to cover the previous wick and possibly head lower.
Given that a war is going on now, and not simply an economic crash, we may not even get a second pull back (people buying the dips).
Expecting to clear the previous candle wick, to 32,300, and we'll see how market reacts from there.
Bears are weakening! Prepare Your Fund!Weekly Time-frame
New Candle for the week, seems bearish for the Awesome Oscillator Red Volume Bearish Saucer. Where we place the next long position was the exact Bouncing Area. If this holds it will continue to the Upside. Relative Strength Index (RSI) is about to be Bullish. Bouncing Area of $37,726 & $37,550. Rejection area of $38,435.
1D Time-frame
We need to close above $38,335 to hold the bullish trend of higher low. Today is still in extreme fear so we can expect a pump of $3-6k pump to the upside. Monday can Pump or Dump, or consolidate. To wait for the exit area of March 14 in the Ichimoku Cloud. Bouncing area of $37,726 where you can open long position. Rejection Area of $39,418, you can open short position.
4H Time-frame
4H Time-frame bottom is in!!! Entry at $37,726. Awesome Oscillator printed green volume, and made a bullish twin peaks. We can expect more to the upside if this continues to print green volume.
1H Time-frame
1H Time-frame bottom is confirmed both in H1 and H4. Twin Peaks bullish. Divergence trade incoming. Open long position.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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BTCUSDT - WEEKLY Close 3/6/2022 (15min chart)Potentially seeing a falling wedge crossing over supply zone @ 38k following from a inverse head and shoulders breaking through 42.9k and falling into the wedge for another break out towards 45k at top of wedge.
1min (falling wedge) / 15min (Head and Shoulders)
not to add, been making H/L's ever since we wicked 35k
of course crypto is manipulated so this chart could mean nothing lol.