Tuesday passed uneventfully. As per my recent post "ETH is going down. Opportunity to short", we have explored current market trends and "what if" the worst-case scenario with the market dwelling into limbo. ...And the limbo is what ETH got into. Macro and Micro level data remain almost identical to yesterdays. At some point market will have to make a move, the...
Yesterday's price action unlocked profit opportunities for Data Money followers to make ~8-12% profit. Great yields for executing 2-3 trades per day, congratulations on your wins! 🏆 The situation today seems to follow the same trend. Macro-level data suggests a continuation of the H&S pattern that we discussed in yesterday's "Will ETH follow H&S formation? Get...
First of all, I would like to start with a sincere thank you to all of my followers. I have received a ton of messages from people asking what happened and why all of the sudden my posts stopped. I am well and healthy, thanks 🙏 Just had a really busy week and in situations like these, we sometimes have to make a hard call on what to prioritize. Our Data Money...
Last week was intense. After ETH hitting the bottom at $1293, there have been many concerns about what direction will the market take. Will the early 2018 crypto disaster repeat itself and the price will just keep falling? Will ETH have a sharp recovery straight back to $2k? All this uncertainty pushed ETH into a situation of too many constraints. As we explored...
And here we are again, after a restless week of persuing profits we enter a Friday FOMO. That magical day of the week where traders are extra pushy to close the week with some profit. What does that mean for you and me? Let's take a look at some market data. 🕶 📊 Monday (1st of March) the start of spring and the start of the week with its all-time-low at ETH...
Today's post is short and sweet - nothing much has changed since yesterday. Today's pattern, however, is promising a breakout. Macro data says up, micro data says down. It seems that a psychological number of ETH $1550 is a strong anchor and the price was quite stable around that price point ever since Monday! From my yesterday's post many of you have learned why...
We, humans, tend to make a lot of interesting decisions. Some of them are good, some of them are bad and some of them are just what we currently see in the market right now. 👀 Generally, there is a lot of great market data out there. There are a lot of great indicators, support, resistance and so on. Then we add some more fancy properties into the market where...
First of all, I would like to take a moment to thank all of my fans and followers! 🏆 It is mind-blowing that about 1 thousand people read my posts every day and Data Money has already over 400 followers! 📊 And sincerely thank you to all of my fans who write to me. It is amazing that so many of you got interested to use my analysis for building trading bots! 🤑 In...
Hello Traders, Here's my view on XAUUSD, GOLD has finally broken below a key support level were market has been consolidating in since hitting all time highs, we have a strong impulse to the downside from a daily perspective. Trade Safe and use Stop Loss.
Hello everybody, This is my first post and I would like to give you some deeper thoughts on Bitcoin for you to think about and I would love to talk with you guys and share some knowledge. Generally I am a Scalper, Daytrader mostly in Forex but also in Cryptos and Stocks because what works on one side might work on the other... But we are not here to think but to...
Over the past few months the price have been consolidating in a BOX Zone(Highlighted Pink), the recent breakout movement have been hit by a healthy retracement, I do expect price to resume its bullish momentum. Do take note of the nice trendline which will be acting as an resistance to break which will validate this insight.
Am long AUD from this buy area here with stop below it. We are targetting the green line but may take some profit off at 0.7250 first.