Adoamigo

Adoamigo

Bitcoin is finally at the 17100+ level again, after a double tap of the support cluster 15890 - 15700. It is currently traded above 17000, creating a flag pattern wich breaks now. Also the RSI Is on a healthy uptrend consolidating at 50.00. If the technicals keep the rules, I expect bitcoin to reach 18200.

Adoamigo

US and European futures are indicating a lower open as investors continue to assess the odds of the potential recession taking place in the US and in Europe. This is the key reason that we have seen the US and European markets closing lower for the past three consecutive days. In addition, traders and investors are also concerned about China’s zero covid policy,...

Adoamigo

My Todays Buy order was successfull and closed at TP 1885 Level. I think for this short upswing was the bad Fundamentals of Australian gdp, US Non farm Productivity & Labor cost. I‘m satisfied with my result, with a lot risk. I’m without any orders at the moment, and waiting on tomorrow’s news. Being on sidelines is also a Position and risking again my Balance is...

Adoamigo

Silver price dropped after the Bond market plunge & the trade tensions, now price Is at the Support levels marked in my chart above, and forming nice double taps and the Bullish sentiment is good. I´m expecting that Silver will reach its previous resistance level.

Adoamigo

DXY Started the Bearish move along with BY. 1800 Level could be reached until Friday. My Sell Stop order from 5.12 got invalidated and I Removed it. If the Fundamentals Tomorrow change Dollars bearish move and Gold close the session below 1765 I will Sell Gold on Friday opening. For now, I got my open Buy order at 1771, aiming for 1785, then the final target is...

Adoamigo

Strong Data Report caused a Bearish start of the week: The Dow Jones Industrial Average slipped 1.4%, or 482 points, the Nasdaq 1.9%, and the S&P 500 fell 1.7%. "The Fed is expected to slow the pace of interest rates at its meeting next week, but recent data including the red-hot jobs report on Friday shows that “ they are going to have to hold rates at a...

Adoamigo

Hello quick update from my phone while I’m on the go. My first selling order stopped out, regarding my mistake to placed a such tight stop loss, the true cluster was 1808-1812. Anyhow I’m decided to open new selling order as the price retreated again to 1798. Now I’m exiting my trade at 1770 with a cool profit, and Continue tomorrow on us opening. Dxy is now on my...

Adoamigo

Technical Outlook: After a huge bullish momentum followed by important fundamentals Gold hit the 1800 zone or so-called Psychological benchmark, regarding the bearish correctional candle on Friday, it gives a strong signal that Bears starting to take control again over the Yellow metal. The fundamentals from Friday triggered the pullback and I didn't expect any...

Adoamigo

Technical Outlook: After a huge bullish momentum followed by important fundamentals Gold hit the 1800 zone or so-called Psychological benchmark, regarding the bearish correctional candle on Friday, it gives a strong signal that Bears starting to take control again over the Yellow metal. The fundamentals from Friday triggered the pullback and I didn't expect any...

Adoamigo

I`m monitoring the price action in the crypto market, while FED announced slower rates, Safe heavens appreciated, and investors moved their capital from risky investments. Let's see if BTC respects my resistance level. I have also engaged my selling order towards 16500 as my first target.

Adoamigo

Bullish Flag on EURUSD 1H, will the price break the Resistance & continue its uptrend? EXY is also on Recovery and DXY is at Support, we should also keep in mind that some important Fundamentals are coming toward us. Stay alert.

Adoamigo

Hey bitcoin friends, what is trending in the crypto markets? Well, we have experienced from the beginning of 2022, that cryptos are such unstable assets to rely on. The 2 Trends (News and Price actions), in the crypto market, when the news is negative and the overall trend is bearish, there are more to come. Not like in Forex and Commodities, where Fundamental...

Adoamigo

I'm pretty sure that gold will appreciate till the end of 2022, my goal is the 1800 mark. The Bullish uptrend is supported by the WEEKLY Bullish divergence on the Stoch indicator, FEDS dovish policy, and the clear downtrend on DXY and Bond Yields 4H Chart. To be sure of predicting further changes in the price direction in the long-term view I put my Key zones to...

Adoamigo

ETH doesn't feel so good, more meltdowns are incoming till the end of 2022. A few things are worth mentioning what I see on my chart: - The price broke the major S1 Pivot point of 1,264 Level and so the price is back in the Daily Bearish channel and forming new Lower Highs. - The MA 50&200 is above the current price - RSI is at 50 and there is more space to go...

Adoamigo

My Selling position got Triggered from the last post, running currently in RED ( Small Loss). After monitoring the Price action since my position opened, I'm seeing now an EXAGGERATED DIVERGENCE on the Stoch Indicator, followed by breaking my UPTREND LINE where the price created 2 HIGHER LOWs and on the 3HL the LINE was broken. Now I'm expecting a continuation in...

Adoamigo

Yesterday we saw a sharp fall in DXY Price that moved other USD Pairs, and assets. ETH on the other hand respected my Resistance cluster (1363.13 - 1340.16), and DXY Recovered again above my Resistance Zone which turned again into Support (112.964 - 113.174). In my opinion, Ethereum could touch again his demand zone (137-902.70). I recommend waiting after today's...

Adoamigo

After reaching the 2000 level ETH Confirmed the Head of this pattern, slipped down to 1550, and retested 1732 for the right shoulder. Now The price slipped to 1440 respecting the Standard Pivot support. With the H&S Pattern and we need the breakout of the support as the second indication. So my position is: Sell Stop: 1410 Stop Loss: 1740 TP: 1041 Good...

Adoamigo

My Sell Stop got triggered at the 20592.55 level. Let's see how it will play out in the next week. Read more about this idea in my previous post (LINKED BELOW). My order parameters for this trade are: SL: 21737.19 TP:18050 Good luck and trade with Responsibility traders!