Polygon MATIC Price targets if SEC will ban Crypto StakingCoinbase CEO says he heard rumors the SEC wants to ban crypto staking.
Already crypto exchange Kraken shuts down crypto-staking.
This will have ripple effects in the entire industry!
My price targets for Polygon MATIC are:
MATIC/USDT short
Entry Range: $1.20 - 1.30
Take Profit 1: $1.05
Take Profit 2: $0.88
Take Profit 3: $0.74
Stop Loss: $1.41
Buy-sell
Bitcoin Cash BCH Price Targets after the FSB meeting The Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Bitcoin Cash BCH are:
BCH/USDT short
Entry Range: $147 - 153
Price Target 1: $138
Price Target 2: $119
Price Target 3: $110
Stop Loss: $171
Bitcoin Gold BTG Price Targets after the FSB meetingThe Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Bitcoin Cash BCH are:
BTG/USDT short
Entry Range: $147 - 153
Price Target 1: $138
Price Target 2: $119
Price Target 3: $110
Stop Loss: $171
Stellar XLM Price Targets after the FSB meetingThe Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Stellar XLM are:
XLM/USDT short
Entry Range: $0.090 - 0.10
Price Target 1: $0.085
Price Target 2: $0.0.078
Price Target 3: $0.070
Stop Loss: $0.12
Will The Gold Hit 1840 Before The End Of The Week ?Tuesday was as I expected , The Gold Metal breaks the support zone I have made , Rsi shows the oversold volume on the 4 hours timeframe , so for me tomorrow will be positive for the gold , so the fed powrell speech will affect negatively dollar index and push the gold metal up
MATIC/USDT Buy setupthe price has broken the bearish channel after hitting the important 4-hour support area .
On the other hand, we have a bullish internal OB that we can enter into a safe buying trade after retesting it
Eurnzd sellprice rejected off 1.72850 on the hourly and a strong push down followed after to support 1.70900. price started to consolidate creating a lower low and is now pushing down to create another leg.
GOLD; possible buy or sell continuationOver the past five weeks, the global Gold trend has exhibited a bearish sentiment. A notable decline was observed on Friday, 24th February. Subsequently, on the 27th of Feb, there was a corrective move to an equilibrium price region (1818.50-1820.063), which coincides with an intraday resistance level. This level demonstrated strength as sellers defended the area, driving prices further down towards an intraday support region. This price behavior suggests a range-bound market for the precious metal (Gold).
The intraday support region has been tested five (X5) times with a liquidity grab, establishing it as a significant stronghold for buyers to propel prices upwards. Despite the ongoing bearish trend, I anticipate the price to rebound from this support zone (at 1807.029-1809.11) first to the internal supply level (1815.80) and then to the resistance level.
However in the event of a violation of the support zone, a price drop to the 1800.00 price level is likely to occur. Therefore, I will adjust my position accordingly.
Eurgbp SellHead and shoulders playing out on the 4hr tf. price is in retracement and just bounced off the 0.5 price may retrace 0.88700 since it is next to the trendline.
Nzdcad sellPrice broke support 0.08350 after coming down from a double top on the daily tf. price retested 0.08350 and ended the week with a strong bearish candle. im expecting price to retrace to the 0.5 of the whole up move. 1.5 rr
Audcad SellAudcad is heading downward after rejection of 4hr. Head and shoulders pattern seems to be in play in a bigger picture of things and the current bearish pressure is coming from a 3 top rejection of the trendline. 2:1 RR
Euraud BuyPrice just broke trendline on 4hr time frames and appears to be making bullish structure. All 3 emas are gapped and flowing in the same direction. 2:1 RR
Usdjpy BuyUsdjpy is in the zone 132.5-136.9. price has been destroying resistance and seems to be making its way to the top. a break and close above 135.5 is a great confirmation of a buy since it will be also breaking the current trendline. risky sell since it is at the top of the trendline but since it just broke the last higher high with a strong bullish candle i feel it is a bullish market still
nzdusd sellprice has obvious bearish structure. nzdusd made a head and shoulder pattern and created the head which rejected off the last lower low 62500. price broke the head and shoulder patterns and seem to have just retested before continuing the head and shoulders pattern. price may create a double bottom at 62000 and go up. i aimed for a 1.5 rr to be safe
Eurjpy sellquick sell. price is coming out of a rising wedge. price did break 142.800 which was last major resistance so it may just be coming back for a retest. 1:1rr
EJ Sell EJ broke out of the rising wedge and retested support 142.9, it made a bullish candle to the trendline of the wedge but it acted as resistance resulting in a large bearish candle. bullish strength may still be there not at the moment
AudNzd BuyIf AudNzd creates a doji at this 50 ema then i expect price to head upwards in direction. the 50 ema is acting as strong trendline. Price also just bounced off the weekly 618 fib retracement line. We may see some activity around this around before making its move.
CHFJPY I Short and bullish continuationWelcome back! Let me know your thoughts in the comments!
**CHFJPY Analysis - Listen to video!
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ABNB Airbnb Options Ahead of EarningsAfter my price target was reached:
If you too have an Airbnb I think you noticed how your bookings declined YoY.
That will be reflected in the company`s earnings as well.
Now looking at the ABNB Airbnb options chain ahead of earnings , I would buy the $105 strike price Puts with
2023-7-21 expiration date for about
$11.15 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
The longer timeframe allows me more flexibility in case of a small rally after the CPI report.
Looking forward to read your opinion about it.
NASDAQ Top-Down analysis! (Long Bias)Hello all!
NASDAQ is moving sideways currently. I will look to buy this pair to the weekly Supply zone marked. But for now, I have a POI in mind to take a LONG position from..
There is a lot areas with EQLs and EQHs on this pair, with imbalances sitting below the EQLs (Like shown)
Let's see!
Take care!
EURUSD BUY WAITINGHere is my thoughts on EURUSD
IMBALANCE... is clear as day, price needs to fill this zone, so weather it happens today or next week, I'm expecting price to pull back down to the zone marked ... then I will need to see some bullish momentum ... that when we can scale in our buy position... please as always let me know what you think, do you have a different look on the charts, I would love to hear ideas.
Trading Idea - VW/PORSCHE Pair Trade Pair Trade:
#VW (Vz) LONG
#Porsche SHORT
VW and PORSCHE have a correlation of 84%. Reason enough to try out a pair trade. Currently the values have drifted apart by approx. 7%!
Porsche is currently performing better (relatively), which means a SHORT signal. VW, on the other hand, is lagging somewhat behind!
Midweek Market Review: Jan 23 - 27,2023Hey everyone, so this week has been very interesting. Although we had a few trades lined up on Monday, we only managed to get a pending order set on one. In this weeks midweek review, I share my thoughts on the overall movement of price so far this week. Currently I am flat on my account, (I have no trades running), but hopefully we got some of the pairs on watch coming together to offer some amazing opportunities. Furthermore, I hope and trust that you are all having an amazing week, and will continue smashing it closing this week off in the black.
Until next time, you should all keep well, and bye for now.
