Overall sentiment is bullish with near term targets of 28.5+
One of our top 10 crypto picks for 2021 FET is recovering nicely with some opportunity still to buy the dip and get involved in this project before it does a 10x!
After the breakdown in Crypto markets we are seeing buyside pressure return nearly as quickly as the sell off happened
Afer the massive correction on XAU I feel it is finally starting to find some upside direction with short term targets of 1900+
Price has consolidated and could be pushing up in the coming days.
WXN TRADE IDEA Buy GBP / USD @1.35500 Stop Loss: @ 1.35300 Take Profit: @ 1.36100 But we recommend that you take profit when you're happy. Bearish depletion and a sign of bullish structure at the support created around the 1.36500 area. Risk: 20 pips (1R) Gain: 60 pips (3R) Risk/Reward : 1:3
WXN TRADE IDEA Buy Limit Order set @ 24.900 Stop Loss: @ 24.450 Take Profit: @ 26.430 But we recommend you take profit when you are happy. Bullish Pressure after the pull back on the H4 time frame. We are allowing price to come back to the key level to consider our entry around the 24.900 area. Risk: 45 pips (1R) Gain: 153 pips (3.4R) Risk/Reward : 1:3.4
WXN TRADE IDEA Buy Gold @ 1847 Stop Loss: 1837 (100 pips) Take Profit: 1878 ( 310 pips) But we recommend you take profit whenever you are happy. Bullish Pressure on the H4 time frame, Sign of a reversal on the H1 time frame for Bullish moves. Risk: (100 pips) Take Profit: (310 pips) Risk/Reward: 1:3.1
WXN TRADE IDEA BUY NZD/USD @ 0.72300 Stop Loss @ 0.72000 Our Take Profit: 0.73200 But we recommend you take profit whenever you are happy. Bullish Pressure showing on the H4 time frame. We Recommend you let price retrace to the 0.72300 area to see how price reacts. Risk: 30 pips (1R) Gain: 90 pips (3R) Risk/Reward: 1:3
Nasdaq Futures Looking good for a short term long position before the election.
Ethereum has the opportunity to really take flight and could achieve a $500+ value before the end of 2021. Upside is incredibly likely with more and more projects coming from the DEFI space and more capital flows being added to the total crypto market cap. New ETH All time high 2021?
Long position on XAU USD missed the perfect entry by roughly 4hours but sentiment is bullish overall and we expect short term targets of 1950 to be reached.
BTC USD showing signs of positive growth after stabilising above 11,400. Expect price to reach close to 12k resistance or higher in the next couple of weeks.
Inflows of capital into the crypto market are showing signs of a promising bullish sentiment. Expecting the total Mcap to rise at least 4/6% in the coming days. Making some great long opportunities for BTC,ETH and XRP.
EOS Is finding consolidation and looking to breakout as with all crypto pairs against the dollar atm the weak DXY index has played beautifully into some bullish sentimet for the blockchain sector. Positive sentimen accross the board for the whole crypto market but certainly for the short term i expect to see the price targets given in this analysis to be met...
A potential push to $0.30+ could be on the cards for XRP if bullish sentiment in the crypto market continues into Q4 of 2020. With new trademarks being applied for Ripple Labs seems to be planning for a big rollout VSoon, Lets not forget the companies purchases this year ie MoneyGram as well as the amount of new registrations to the X-rapid network. Including...
OUTLOOK: BEARISH BRITISH POUND GROANS ON PROLONGED BREXIT NEGOTIATIONS