Today, I’m analyzing the weekly charts of the S&P 500 Index, Gold, and Bitcoin. Notice anything interesting? 🤔 Since late 2022, these assets have been moving in sync, showing an unusually strong correlation. At times, it almost feels like they’re behaving as a single market. But spotting these connections provides valuable insights we can use to our...
KAVA is one of the few coins that held exceptionally well during the recent market manipulation. While most cryptos printed new lower lows, KAVA/USDT formed a solid double bottom around the psychological support at $0.40. From a technical perspective, this setup suggests strong upside potential. If the support holds, we could see a significant bullish breakout in...
Panic Rising, Opportunity Brewing Bitcoin is headed for $130-140K this cycle is a reasonable target. Right now, the market is drowning in fear, with traders getting ready for a steeper drop. But let’s be real—that’s exactly when the big players make their move. The Trend Is Still Our Friend Sure, markets can be chaotic, but probabilities are still leaning...
UPS, after breaking below the critical support, is currently trading within a descending channel, indicating the potential validity of a long-term downtrend. At present, the price has once again approached the resistance at the 38.2% Fibonacci level. This is expected to generate significant selling pressure, resulting in a downward push in price. Considering the...
The CHEEMS/USDT appears to have shifted its short-term trend from bearish to bullish, with the price stabilizing above the 200-day EMA. This presents a favorable risk-reward ratio for a long position, which I am sharing with you. My target for this setup is conservative, as I believe we are at the onset of an altcoin season. Let's see how it plays out.
I'd like to share an exciting MAVIA buy trade setup with you, one that comes with a very high probability of success and a solid risk/reward ratio. Based on Elliott Wave theory, we're on the cusp of seeing Wave 3 unfold, and I expect this to drive a fast 35% rise starting today. Get ready for an incredible move!
Let me share my latest trade setup for SAND/USDT. From my perspective, it looks like altcoins may have finally bottomed out and are gearing up for potential gains of 100% or more. That said, I’m keeping things conservative with this setup, targeting a 17% profit from my entry point. What stands out in this chart is the clear breakout above the triangle and the...
I did a lot of research an analysis, but everything is pointing out to the upcoming rally across the crypto market. When looking at Total Market Cap, it is quite obvious that there is a huge bull flat. If I to trade TOTAL, this would be my setup, but this could only be the very beginning of a huge rally.
We can observe how the price continues to decline within the descending channel. Current pullback might present a solid RR selling opportunity.
We are going for this long opportunity. More details in our private...
After conducting an analysis on EURPLN, we are excited to present our trade setup. This opportunity boasts a favorable risk/reward ratio, although it does require patience due to a longer waiting period. Nevertheless, swing traders may find this setup intriguing and worth considering.
⚫Back in April 2024, the EUR/PLN pair tested the 4.2500 support zone, where a triple bottom was established. Over the past five months, the price has consistently failed to break below this level. Simultaneously, we can identify a resistance area near 4.3750, where a double top was formed, indicating a clear trading range between 4.2500 support and 4.3750...
Previously we shared EURPLN short trade setup, which was closed at break even. This time is a new setup with different downside target.
We love the price action around the previous resistance, which has now flipped into the support. This could be the starting point of a long term uptrend continuaiton.
Wells Fargo (WFC) recently tested and briefly exceeded the key psychological resistance at $60. However, this move above $60 was short-lived, followed by a strong downside wave accompanied by significant selling volume. This price action could be an early indication of potential weakness. Additionally, a bearish divergence has formed on the CCI oscillator,...
Fox Corporation (FOXA) has impressively rebounded twice from the 88.6% Fibonacci support, displaying resilience. Notably, it consistently breaches downtrend trendlines. Seizing this buying chance, we remain vigilant, especially focusing on the Fibonacci support.
Today, I’m excited to share our premium long trade setup for DUSKUSDT. Let’s start by focusing on the critical $1.45 support level, where we observed a clean rejection of the 161.8% Fibonacci support. This rejection is a strong positive signal, indicating a potential trend reversal for DUSK. Currently, we see the completion of a 5-wave move to the upside, which...
Yesterday, Bitcoin Dominance (BTCD) tested the 50% Fibonacci resistance level at 2,848, resulting in a significant daily bounce off this key level. Today, BTCD is attempting to break higher. However, if the daily close remains below this resistance, we anticipate a sharp decline. In this scenario, Bitcoin Dominance could experience a substantial pullback,...
