The US presidential elections, held every four years, are completely compatible with the CRYPTOCAP:BTC mega bull cycle! After the presidential elections held in 2012\2016 and most recently in November 2020, #bitcoin transitioned to the mega bull process! The issue of high interest rates on the Fed's side has now come to an end. With the easing of interest...
BINANCE:BTCUSDT Bitcoin price is in the ascending Triangle with means the bitcoin price can react to this situation and breaks the triangle and will go up. and the most important resistance for Btc is currently 61k if the price breaks this resistance, Bitcoin can reach the top of the megaphone. Analysis Summary: Current Situation: Bitcoin is struggling to...
#BTC is currently in an important resistance area of 60,000 - 61,000 . Some bearish signs are visible on the chart, as soon as the blue trendline gets broken, market will most probably face intense sell pressure and BTC will probably head for 55,000 zone and then 52,000. Sell strategy is advised!
FX:XAUUSD continues to renew its high without any strong pullbacks. Buyers continue to behave quite aggressively before strong news. But everywhere there are risks and BUT!!! There is a lot of news ahead before the important Fed meeting on interest rates, where they are likely to be cut. The question of “by how much” remains open, as weaker data (25 basis...
I think this currency pair has started a 5-Wave downtrend and is currently completing its second wave. I am waiting for the start of the third wave and I will start my sell positions from these points This will probably start with the fundamental news of the dollar this week
Bitcoin remains in consolidation within a strong descending broadening wedge, recently reaching the wedge bottom as corrective wave leg E completed. This signals the potential for a massive impulsive move, making the current buy-back zone ideal for re-accumulation if the opportunity arises. A strong reaction is expected at the external supply zone, but we...
Assuming we are entering 5th wave of impuls downwards targeting area of 57k however TP is kept to maintain 1:3R
Hello, Friends! It makes sense for us to go short on GBP/NZD right now from the resistance line above with the target of 2.097 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
hi traders, ATOM looks cheap but it may get cheaper soon so it's worth defining the accumulation zone. I honestly think that it's time to start DCAing but lack of bullish divergences suggests to me that the price may go a bit lower. I will load up on ATOM if the price enters the accumulation zone shown on the chart. 3 targets are shown on the chart. I'm not...
FX:XAUUSD is testing 2500 on the background of CPI data. Bulls actively continue to hold a strong support zone. An ascending triangle is being formed, the target of which is to break the resistance and rise. After the release of CPI data in the US, the focus shifts to PPI and jobless claims data, which will give a new impetus to trading. The CPI data has...
The KAS symbol appears to be completing a diametric. It seems to be in early wave F now. If it reaches the red range, we can look for sell/short positions. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
It looks like a triangle is forming. Now it looks like we are in wave e. The red range is a suitable place for sell/short positions. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Dear colleagues, I believe that the upward movement in the impulse of the five-wave structure has begun. At the moment I believe that wave “1” has either completed or is being completed. In the first case, I expect a corrective movement in wave “2”. Wave “2” is indicated by the 50% Fibonacci level. This is the area of 2533. But the main direction is still...
Monthly, From 1976-ish Looks like we can count a clear 5 wave down ending in 2012. Starting Feb 2012. Wave (C) is a few pips larger than wave (A) I think wave (D) is still in progress soon to start wave (E), wave (D) going below wave (A) will validate this is not a impulsive 1-2-3-4-5, wave (1) From Jan 2023 to Oct 2023 I think is a clear 5 waves (a) now...
BTC Confirms a Double Top Pattern! What’s Next? Bitcoin has recently formed a small double top pattern. The price has already broken down from the neckline, confirming a further decline. Speculation is high regarding the upcoming FOMC meeting and the potential rate cut they might announce. However, BTC has remained indifferent to these speculations and hasn’t...
Hello,Traders! EUR-JPY keeps falling But the pair will soon hit A horizontal support Of 154.485 and as the Pair is locally oversold We will be expecting a Local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
BINANCE:BTCUSDT is strengthening after a false breakdown of the 54.5K - 55K support. Fundamentally and technically, there is no buyer motivation. Traders have moved into the waiting or selling phase... Now BTC is accumulated mainly by wallets with balance < 1BTC... Larger wallets are not doing much. Also, judging by the statistics of various services it can...
Global factors appear to be having a greater influence on USD/JPY than the Bank of Japan and its policy outlook. U.S. yields and oil could therefore have a greater impact over the coming year, regardless of whether the BoJ hikes another 25 bps, or 75 bps. A recent research note from Danske Bank expects the BoJ policy rate to reach 1% within the coming 12 months....