RLinda ! GOLD-> Rollback to retest the liquidity zone CPI rose 0.1% in August and 8.3% from a year earlier. Gold futures were down 1.5%, hitting their lowest level in a week.
Gold tends to react negatively to interest rate hikes, and this trend looks like it will continue when the Fed meets again in a week.
On the global chart, we see an attempted test of the 1677 liquidity zone, the price fails to reach the important zone by a few dozen pips and forms a pullback. As a result of the news, the price might reach the support - regest to the important zone, but we can assume that the price might reach the 1677 zone soon.
I assume that in the long term gold can test the liquidity zone 1677 and make a false break, after capturing the liquidity to form a strong upward impulse.
Regards R. Linda!
Buy-sell
Where is Gold going this week?I worry about the Daily's ability to continue bullish. Here's why.
Starting at the purple vertical line, Gold created a Rising Two Methods (Usually called a Rising Three Methods, but since it is the same formation, minus one candle, I called it this.) This is a Bullish signal often times.
Looking at these two candles, a Dark Cloud Cover was created. These can be signs of reversal.
Now, looking at the last candle.
The wick pushes to new highs of the whole week. But, price closed lower than the previous days open.
Will price move down? Or will price push above previous weeks' wicks and climb up?
BTC LONG CHART BTC is into accumulation trend and with a good chance to have a back increase to 20K zone.
Since LUNC did increase BTC did also break down more - what connects that also a BTC volume is going to LUNC.
There can come a moment where we will see the transfer back from LUNC ( breakdown) TO BTC.
Where BTC can show some volume back within the long time frame.
The short idea of LUNC
EURUSDPrevious day high/asian range high broken currently retracing FVG. there is a chance the market may come down to take the liquidity below before going up as the asian range high was taken before taking the asian range low.
For bullish setup wait for the candle to give proper confirmation of rejection on the FVG and only enter if the candle closes above the FVG.
for bearish setup wait for the FVG to be broken take the swing low.
GLGT
Synthetix SNX Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Synthetix SNX has a negative overall sentiment recently.
I have the following price targets:
SNX/USDT short
Entry Range: $2.90 - 3.10
Take Profit 1: $2.70
Take Profit 2: $2.26
Take Profit 3: $1.84
Stop Loss: $3.61
yearn finance YFI Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
yearn finance YFI has a negative overall sentiment recently.
I have the following price targets:
YFI/USDT short
Entry Range: $9400 - 9550
Take Profit 1: $8400
Take Profit 2: $8750
Take Profit 3: $4600
Stop Loss: $11440
IOST Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
IOST has a negative overall sentiment recently.
I have the following price targets:
IOST/USDT
Entry Range: $0.012 - 0.014
Price Target 1: $0.011
Price Target 2: $0.009
Price Target 3: $0.008
Stop Loss: $0.016
Decred DCR Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Decred DCR has a negative overall sentiment recently.
I have the following price targets:
DCR/USDT short
Entry Range: $29 - 31
Price Target 1: $24
Price Target 2: $19
Price Target 3: $18
Stop Loss: $35
Golem GLM Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Golem GLM has a negative overall sentiment recently.
I have the following price targets:
GLM/USDT short
Entry Range: $0.21 - 0.26
Price Target 1: $0.19
Price Target 2: $0.166
Price Target 3: $0.149
Stop Loss: $0.285
Ardor ARDR Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Ardor ARDR has a negative overall sentiment recently.
I have the following price targets:
ARDR/USDT short
Entry Range: $0.095 - 0.110
Take Profit 1: $0.090
Take Profit 2: $0.0805
Take Profit 3: $0.072
Stop Loss: $0.119
Enjin Coin ENJ bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Enjin Coin ENJ has a negative overall sentiment recently.
I have the following price targets:
ENJ/USDT short
Entry Range: $0.49 - 0.56
Take Profit 1: $0.45
Take Profit 2: $0.38
Take Profit 3: $0.29
Stop Loss: $0.63
Request REQ bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Request REQ has a negative overall sentiment recently.
I have the following price targets:
REQ/USDT short
Entry Range: $0.09 - 0.11
Price Target 1: $0.075
Price Target 2: $0.068
Price Target 3: $0.59
Stop Loss: $0.0.129
OMG Network bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
OMG Network has a negative overall sentiment recently.
I have the following price targets:
OMG/USDT short
Entry Range: $1.65 - 1.95
Price Target 1: $1.50
Price Target 2: $1.25
Price Target 3: $1.09
Stop Loss: $2.40
Polygon MATIC bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Polygon MATIC has a negative overall sentiment recently.
I have the following price targets:
MATIC/USDT short
Entry Range: $0.84 - 0.90
Take Profit 1: $0.76
Take Profit 2: $0.72
Take Profit 3: $0.61
Stop Loss: $0.99
Kyber Network Crystal v2 KNC bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Kyber Network Crystal v2 KNC has a negative overall sentiment recently.
I have the following price targets:
KNC/USDT short
Entry Range: $1.63 - 1.99
Price Target 1: $1.45
Price Target 2: $1.30
Price Target 3: $1.17
Stop Loss: $2.21
Chainlink LINK bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Chainlink LINK has a negative overall sentiment recently.
I have the following price targets:
LINK/USDT short
Entry Range: $6.50 - 7.10
Take Profit 1: $5.10
Take Profit 2: $4.50
Take Profit 3: $3.90
Stop Loss: $8.10
US30 - ANALYSIS - @TradersLounge.USHello everyone,
Looking at US30 here.
Daily candle is currently bearish. Had a huge liquidity grab with yesterday's candle. I'll be looking to to see if price will come down to touch 31441 area and flip bullish above 31660. Until then I will be looking for sells.
Let me know what you think! #HappyTrading
Miajah
Lead Trader @ Trader's Lounge
ApeCoin APE bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
ApeCoin APE is a cypto with a negative overall sentiment recently.
I have the following price targets:
APE/USDT short
Entry Range: $4.70 - 5.10
Price Target 1: $4.20
Price Target 2: $3.50
Price Target 3: $3.10
Stop Loss: $5.90