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Breakout!

$BTC Going For It! $65k Next UpJust as expected Bitcoin is being rejected from the 200MA. Bulls still appear to be in control, so we should test the .618 Fib ~$65k. The real line in the sand is breaking through the trendline ~$68k. IF we close above that, the bulla will be in full swing! I'm still keeping 10% cash on the sidelines regardless for one last generational buy opp, although those days are looking numbered. There's still a lot of macro conditions that are concerning, hence the Fed 50 bps rate cut.
Long
by jonnieking
BTC: NEXT POSSIBLE MOVE!!Hey everyone! Appreciate a like and follow if this analysis helps! Bitcoin has successfully broken out from a symmetrical triangle in the 4-hour timeframe. However, a retest of the broken resistance level is likely. Avoid impulsive buying (FOMO) and wait for a potential pullback. Anticipated Timeline: Sideways Movement: Expect Bitcoin to trade sideways for the next week or two. Retest: A retest of the broken resistance level (around $60k) is probable. Post-Retest Outlook: Bullish Momentum: A successful retest and subsequent close above the resistance could ignite a strong rally. Target: The next major target is $80k. What are your thoughts on BTC's current price action? Share your analysis in the comments!
Long
by CoreCrypto1
FOMC 25bps vs 50bps??The day has arrived!! Today is predicted to be the first rate cut by the FED since the COVID crash of March 2020! Two years after that in March 2022 the FED begun rate hikes in an attempt to stop the rising inflation. Now that inflation is close to the FEDs target of 2% it's time to stimulate the economy with cheaper borrowing. The big question is, 25bps or 50bps? Last week we saw the ECB (European central bank) cut their interest rates by 60bps from 4.25% to 3.65%, although this news has somewhat gone unnoticed, I'm not so sure the FED would have ignored it. If Europe has considerably cheaper borrowing rates than the US it could signal more growth to come from Europe and that would not be ideal for the US. Now this doesn't necessarily mean that Europe will be favoured by investors for long as this is only the beginning of rate cuts, Europe could taper off earlier or US could be more aggressive later on, we don't know for sure but I don't think America would want to fall behind. Prediction markets have shown the 50bps cut is growing in probability. Now at 61% chance for 50bps according to FED funds futures (At time of writing). 25bps is definitely priced in, but I don't think 50bps is priced in. This should see risk markets get a boost. In terms of TA, the 4H BTC chart looks ready to breakout, back above the 200EMA and 4H support. Flip the 4H resistance and $65,000 is the target. Be carful today with leverage as volatility will be crazy, plenty of whipsawing and generally the first move direction is wrong. Stay safe out there.
by ProR35
2
EURO - Price can bounce up from wedge, exiting from itHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it at once made a correction to support line and then continued to grow. In a short time, price rose to resistance line of channel, but at once bounced down, making a fake breakout of $1.1120 level. EUR exited from channel and started to trades inside wedge, where it broke $1.1050 level and fell to support line. Next, price made upward impulse, thereby breaking this level again and later EUR broke $1.1120 level too. Now, price trades near support area, and in my mind, it can fall to this area and then bounce up. After this, price will exit from wedge and continue to move up to $1.1180 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
Clearwater Analytics, volatility contration before breakoutClearwater Analytics provides SaaS solutions for investment data aggregation, accounting, analytics, and reporting services The 3-month highs and 6-month highs list is full of financials with some software, and NYSE:CWAN is making 52-week highs Is the #1 in the IBD industry rank with a 91 relative strength rating, clearly a market leader and is only making its first base within its uptrend Its key the price respect the $22 zone for its trend to continue.
NYSE:CWANLong
by dpuleo19
1