BTC: Morgan Stanley to offer Bitcoin to clients🔔Morgan Stanley to offer Bitcoin to clients
Yesterday bitcoin transformed the view on the 4-hour time frame thus increasing the chances of a bigger bullish wave.
🔸This happened after Morgan Stanley advisors announced that they are ready to offer the Bitcoin Spot ETF to their clients starting on Wednesday, August 7th.
🔸Ethereum worth $2 billion from dormant wallet addresses is now on the move, for on-chain data.
This news created a small sell-off in BTC and we can now see the bullish pattern taking shape.
📺You may watch the video for further details📺
Thank you and Good Luck!
Wave Analysis
Silver may fall further while below 28.7Silver may fall further while below 28.7
Silver broke down from a strong support zone located near 28.70.
Now this area turned into resistance.
Chances are silver may test this zone again before moving lower.
The targets I am looking for for silver are near 27.50 and 26.30 where the price may face some solid support and we may see the price react again.
26.30 is an area of high importance as long as it was last tested on 02-May-2024
📺You may watch the video for further details📺
Thank you and Good Luck!
EUR/USD Short, GBP/JPY Short, AUD/NZD Short and GBP/CHF ShortEUR/USD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
GBP/JPY Short
Minimum entry requirements:
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/NZD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
GBP/CHF Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EURCAD May Test 1.5000 Before It Moves UP AgainEURCAD May Test 1.5000 Before It Moves UP Again
EURCAD completed a symmetrical triangle pattern on the weekly time frame.
The chances are that it can move down to 1.5000 for a deeper correction before it
moves up further.
You may watch the video for further details.
Thank you and Good Luck!
GBP/NZD Short, USD/CAD Short and EUR/USD ShortGBP/NZD Short
Minimum entry requirements:
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/CAD Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/USD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/NZD Short and USD/CAD ShortEUR/NZD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/CAD Short
Minimum entry requirements:
• If tight 5 min continuation, reduced risk entry on the break of it.
• If tight 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Ethereum : WHALES sell, RE-Accumulation Phase NOWIt's made headlines that large whale wallets have sold off large chucks, driving the price of ETH down by over 35% in only a few days.
We see a yearly low in the daily RSI, as well as an "Oversold" flash on the Technical indicator.
The good news, is that this will give buyers a few weeks to re-accumulate ETH before the next impulse wave up starts:
For the short term, the price will likely continue to trade down the lower Bollinger Bands until the sell-off is over. Retail is catching on to the sell off, so it's likely we'll see wicky price action as this kind of volume will be attractive for algo trading.
For the SHORT and NEAR term I am bearish, but for the NEAR to LONG term I remain bullish that another impulse wave up is next.
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BINANCE:ETHUSDT
UPDATE ON GOLD PREDICTION FOR UPCOMING WEEK.. August 03, 2024I got a chance to share my analysis with this video. I hope it can show everyone why do i so bearish on Gold.
The Thursday and Friday close even make my confident more and more about the potential downward continuation next week.
Good luck!
CHEERS!
BTCUSD & ETHEREUM next week Predictions \\ gold & oil next move You make money if the price moves either up or down's. If the price decreases in value, your position makes a profit.
A trading plan is a set of rules that specifies a trader's entry, exit, and money management criteria for every purchase. With today's technology, test a trading idea before risking real money. Known as backtesting,this practice allows you to apply your trading idea using historical data and determine if it is viable.