TradingForProfitPro

TradingForProfitPro

The USDCAD currency pair is testing the level of 1.37000! And it's not like he can't overcome it. Most likely from this level we will go down. But I don't think it's very strong. This couple has been growing for half a year. And at the level of 1.37000 - 1.38000 it shows strong liquidity. I think that this price zone will also become a resistance zone this time....

TradingForProfitPro

After TWT once again reached its maximum mark, there was a collapse of more than 50%. The fact that it will go down from the maximum price, of course, was to be expected. But the combination of bad news around Binance only became a driver for an even greater drawdown. Now the market has calmed down a bit and the price is moving sideways. Creating new liquidity....

TradingForProfitPro

Ripple, like all cryptocurrencies, sank on the latest news. And I think that now you can trade a good futures deal for growth. Now I think it's not a bad entry point into a growth trade. The graph forms the lower flag. And the lower trend level provides strong support. It remains only to break through the level of 0.3460 to reach the take profit price at 0.3510

TradingForProfitPro

The currency pair EUR USD, as I expected earlier, has overcome the mark of 1.07000! From now on, we see that the currency pair has bounced off this top and is moving in the opposite direction. And this is not surprising! Because we have been observing the growth of this pair with periodic corrections since the beginning of October. And now most likely we will do a...

TradingForProfitPro

Gold has been rising since the beginning of November. After it made a reversal from the lower support level, the asset began to go in a confident growing trend. Now there is a price adjustment. And we are testing the resistance level. Also on the chart you can see a rising wedge, and most likely we will leave this price zone for a correction. Also on the chart...

TradingForProfitPro

On the eve of the Fed meeting, Bitcoin left its price zone in which it has been for the last two weeks. And rose above the $18,000 mark. After the Fed decided to raise the interest rate by another 50 points, the crypto currency market sank. But according to the chart, we see that in the local form, Bitcoin has a growing trend. Still, I think it will go over the...

TradingForProfitPro

After we saw Ethereum low prices in the first half of the summer, November showed a new bottom, in the 1080 range, from where it started to reverse. ETC is one of the favorite assets of futures traders. Because it shows higher volatility than other cryptocurrencies. I think that tonight we will be able to see not a weak volatility of this asset. Against the...

TradingForProfitPro

Throughout the year, Polkadot steadily rolled down. And it has already made a drawdown of about 90% of the maximum price at which it was in November last year. The chart shows how over the past half a year this cryptocurrency has been working out the wave theory. Now the asset is forming a support level at $5. And already twice made a rebound from this price. It...

TradingForProfitPro

Oops!!! Probably we were shaved))) It happens. But if you look at TWT on the daily candlestick period, you can see that the market was really overbought. But in my opinion, large players are interested in this asset. And in this way they dump smaller players, scaring them with similar movements. But I still think that we will soon see another stronger growth...

TradingForProfitPro

On the chart, we can see that Bitcoin bounced off the lower price zone and moved into a higher price range. In which the level at the price of $16,800 is a support level. Tonight, BTC dipped a little and now the price is consolidating, from which we will most likely grow.

TradingForProfitPro

Over the past six months, when the crypto market was still looking for its bottom, QUANT has already begun to pick up its growing trend. And during this period did 4X! Now the asset has made a deep correction and is starting to gain height again. In a clear trend. On the chart, we see a cup and handle pattern. Which showed us the lower level and made a rebound....

TradingForProfitPro

Studying the history of Bitcoin growth cycles, I had a theory! If we sum up the percentage of growth of the last four main cycles and divide the sum by the number of cycles, then we get the average growth rate as a percentage. And it is about 640 percent! This is the possible average minimum growth range, in percentage terms, during a new cycle. If we take as a...

TradingForProfitPro

Litecoin is gaining momentum! And judging by the chart, it is trying to strengthen in the price range between 70-85 dollars. Now the chart is forming a rising flag pattern. And being at a horizontal and trend support level, it will most likely go to the upper trend level.

TradingForProfitPro

The price of oil made a strong downward movement after the decision on the maximum price of Russian oil came into force. In the near future, the oil market will be saturated with news. In turn, Russia stated that it was not going to put up with this decision, and according to the authorities, it is preparing three scenarios for retaliatory measures! Today, the...

TradingForProfitPro

The British pound, like many other leading currencies, in relation to the American dollar this year made the maximum collapse. But the bear market is already over. At the end of September, we saw a market reversal and for more than a month we have been witnessing an active growth of the British. Which amounted to 20% of the bottom point. Now the price has reached...

TradingForProfitPro

Gold bounced off the low support level that was expressed over a long period, made an increase of almost $200. Now the mood and optimism of the bulls has increased significantly. Now the asset has tested the upper level and made a strong correction. I think this is just the beginning of growth. And we will see the main volatility next year.

TradingForProfitPro

The TWT cryptocurrency has taken the upper price zone, and is now moving in a flat. Constantly testing levels 2.30 and 2.50! Now we are at the lower price level, and most likely we will go for a reversal again. I have already said that we can rebound to this price. But still optimistic that we will go beyond the upper limit and begin to grow with renewed vigor!

TradingForProfitPro

The EURUSD currency pair has grown significantly after its collapse, which began with the beginning of the pandemic. Now the asset is making fluctuations near the upper price zone. This level is very strong! I think that in any case, we will once again overcome the level of 1.06000, and after that we will either go for a deep correction, given the overbought of...