Hey traders! We're keeping a close watch on ETHUSD for a potential upside reversal and have added it to our watchlist. Here’s why: ETH is sitting at the bottom of the Bollinger Bands on the 30-minute chart, suggesting a potential bounce. On the daily timeframe, it's holding above a key dynamic support area, signaling a bullish bias. Even though the broader...
🚀 Hey Traders! 🚀 🔥 An exciting setup is brewing on the Bitcoin chart! BTC is sitting at a strong support zone around $53,000 and just started to bounce higher. 📈 The price also tapped the lower band of the Bollinger Bands—a solid signal for a potential long move! 💥 Plus, we’ve got an engulfing candlestick pattern on the 4-hour chart, flashing bullish vibes. If...
Gold is gaining strength as the US dollar weakens, with momentum picking up 📈. After a brief false breakout below the intraday trading range, Gold might be gearing up for another move upwards 🚀. From a daily chart perspective, no significant extremum has been established yet, so there's potential for Gold to target 2542 in the near future 💰. 👀 Keep an eye on the...
📈 Crude Oil Alert! 📈 Hey traders! Crude oil is showing potential for more upside momentum. Here's why I'm bullish: 20-day MA Support: The recent pullback found solid support at the 20-day moving average on the daily chart—a key level to watch. Seasonal Strength: We're in a strong seasonal window for crude, historically a growth period. Consensus Fair Value:...
🚨 Gold Trading Alert 🚨 Gold is in a unique spot right now! 💰 After the massive drop in the US dollar, Gold is flirting with the $2400 level, building just slightly below it. Usually, Gold competes with the US dollar and has a negative correlation with it. Traders are expecting the Fed to drop interest rates by 2 basis points in September, which is a bullish...
Get ready, traders! CAD/JPY is gearing up for its next short leg in line with the ongoing trend. With the CAD showing weakness and the JPY standing strong recently, this pair is primed for some exciting action. Keep your eyes on the charts!
🚨 ETHUSD Alert! 🚨 Hey traders, keep an eye on ETHUSD – it might be flirting with the pivot point around the $3000 level. Unlike Bitcoin, ETHUSD is showing some relative weakness and could slide deeper. 📊 Daily Structure Insight: Resistance Level: $3000 (20-day moving average) Remember, always DYOR and manage your risk at all times! 💡📉 #CryptoTrading #ETHUSD...
Bitcoin is setting up for the further decline and it fails to keep above 26000. The next stop would be an area between 24850 and 25100
BLZ had started to accelerate the downward move from the important level above and may crash to 0.04 and lower
WAVEUSDT can slide down as volatility grows across the board, and high-beta instruments are under pressure
1inch may slide below against the short-term level, indicated on the chart. The probability of a success for short should be high.
Yen might regain strength ahead of CPI, as the 10-year bonds of Japan are holding high. Euro, at the same time, is not displaying the same strength. After a parabolic move above the intermediate-term high, EURJPY might slide back to the range.
The trade location for a short position is interesting and may lead to a further decline
It tested the trendline of the formation, and the breakout seems to be false, so we might see it plummeting for a couple of days
Natural gas is emerging from a trading range and may increase volatility, heading towards $4.
Bitcoin is ganing the momentum, driving away from the support area, and is heading towards $32000
BTCUSD may pullback from the 50-day moving average and rally towards $32000 after speech of FED's chief Jerome Powell
Inflation in Japan was slightly less than expected, but in the medium-term, JPY has more odds to rise, so that opens a short opportunity for GBPJPY