NZDUSD analysis, identified that we were in a WXY wave for wave 2. We are currently in wave Y, which is a 3 wave move. We've seen wave A and now we're in wave B. We are showing some signs of rejection at the fib level. Trade Idea: - Watch for rejection of fib level - Use confirmation on lower timeframe such as trendline break or BOS - Enter with stops above...
Nasdaq is currently in a corrective ABC wave. We appear to be on wave C which is a made out of 5 waves. Trade Idea: - Watch for wave 4 completion - Enter on bearish rejection at recent highs
Ethereum’s busy November reflects a period of massive growth for the blockchain. The total transaction fees surged from $321m in Q3 2020 to $1.96bn in Q3 2021, according to analyst Ben Giove’s Bankless newsletter. The total transaction value also grew, reaching $536.48bn in Q3 2021, a year-on-year increase of 398%. December presented new challenges for ethereum...
btc is pretty bully now but it looks correction move not done
last one was fakeout as you can see there is good resistance zone and you can short from there
The price of bitcoin, the largest cryptocurrency by market value, surpassed $57,000 on Monday morning, extending its two-week rally. It’s up over 30% in October, currently trading at around $57,442. The rally is likely due to a couple of reasons, including hope that a bitcoin futures ETF could be approved by the Securities and Exchange Commission soon and...
It is expected that after ascending to the specified levels, the trend will change and we will see the beginning of a downward trend If the index crosses the level of 138%, it will be more likely to continue the uptrend
Was interested in the market sentiment going into the real bubbly part of the dot com as the market structure looking very similar to what happening now.
As we can see price broke this red trendline here and even the retest is completed and we are looking for long positions now But also the market is still bearish so we need the best possible entries and some of these support zones mentioned on the chart too.