After the bullish run towards our weekly target, a bearish continuation is likely however with the DXY weakening we could see further run upwards. Sellers should keep in mind 0.57745, 0.57600 and 0.56259
Bullish pressure expected this week. Buyers should keep 0.56750 in mind for stops and 0.57516 for targets
This week's price movements seems to favour bearish momentum from the USDXXX pair, however the outlook remains two sided. With the CPI event and fed speech after NY open, we're bound to see significant changes in the market. Points of interest remains 18.57986, 18.49814, 18.35750 and 18.23590.
Selling Nasdaq. Post NY open entry. Something has to be done about those built up orders
Here's an early bird entry to week 2 of Q1b February 10th-15th trading week. After last week NFP rally, the $USDXXX pair is expected to make a possible correction to 0.90652. Sellers are supposed to look for entry between London-NY open on Monday and use 0.91127 for stops
After this years crypto rally and the following correction to 2,500 we might see further corrections to the upside @ 3000 before the next move. Buyers should use 2593 as stops and find entry between London open to NY open on Monday 10th February.
TVC:NDQ could be building bearish momentum after weeks of aggressive bull run. We might see a correction to 21,263 if 21,623 holds. The best entry for shorts would be 21,543
After Monday's peak @21026.5 and Wednesday's drop to 20624.8 and Friday's return to 20973 area is the market prepping for a major bear run within week 1 - 2 of December
Here's a quick short entering the new week. After last week climatic ending, this week's asia session to NY session sets the flor for sells.
With the recent sweep of 59,9100 after reaching 66,000 last month, buyers aiming for the long term haul and short term refraction can look to get in now. Entry and exit indicated
in light of the recent crypto rally, CRYPTOCAP:XRP is poised to gain momentum on t he higher timeframe, however the D1 consolidation in price for the past weeks indicates a drop before continuation upwards. Perfect time to execute an intra day sell before the buys continues BINANCE:XRPUSD
Today's bullish move is supported by 58,847 which happens to be today's Asian low. Longs are expected to go for 61,500 between today and Friday and into next week
The consolidation between 38,500 and 39,60 following the impulsive drop through 39,812 on the 2nd of Aug indicates a major shift in the direction of the US indices. How price reacts to 39,900 or 39,700 will tell if we could see a continuous increase in bearishness
The consolidation between 38,500 and 39,60 following the impulsive drop through 39,812 on the 2nd of Aug indicates a major shift in the direction of the US indices. How price reacts to 39,900 or 39,700 will tell if we could see a continuous increase in bearishness
After the bearish raid of 49,000 late July into August BINANCE:BTCUSDT is poised to see new highs between now and 2024 Q4 ending. Key zones to watch are; 57,500 for support(good point secure longs), 64,000 for first partials, 70,000 for December/January target and 73,000 for 2025 Q1 target.
Following our previous target of the 54,400 zone. BINANCE:BTCUSDT is at a key pivotal point where falls below could spell doom for the crypto giant however if price maintains above this zone by this month's end, we're poised to see new highs
Recent price pattern of BINANCE:BTCUSDT suggest a possible retracement to 54,520 area before a full swing to New highs. Anything below this zone could spell danger. This week's drop further proves my earlier projection. Sellers would be wise to wait till a minor retracement to 61,554 and use 54,600 as target.
Following recent price movements in major altcoins. BITSTAMP:ETHUSD seems to find a cushioned balance at 50% retracement of it's previous expansion to the upside. Might be a good time to go long with 4,100 as target