XRP finally ready to take off ?xrp is finally getting bullish based on date range i would not take long for it to take of.looking like a big double choppy bottom. if we see the fixed range volume profile of the session traded from may 2021 to april 2022 we see the VAH at around $1.05. also this is in confluence with the trend based fib extension 1. so $1.05 would be my first target for xrp. offcourse it could go higher. around $1.48 is also a realistic target based on the 1.618.
also on the monthly candle we see a bullish engulfing candle. overall XRP is looking good and ready to take off. but dont overleverage because the chart is super choppy.
cheers!
Longsetup
LTCUSDT Long Setup Setting / Risky but Why not?BINANCE:LTCUSDT
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone: 68.45-66.76
⚡️TP:
69.43
70.50
71.90
🔴SL:
64.89
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
XAU ! 10/30 ! Bulls dominate - continue to make ATHXAU / USD trend forecast October 30, 2024
Gold opened the week slightly lower, down 0.15%, pressured by rising US Treasury yields as markets gear up for significant US economic data that could influence the Federal Reserve’s policy direction. Traders are also watching the November 5 US election closely, with FiveThirtyEight showing Trump's odds at 52%, versus 48% for Vice President Kamala Harris, though she maintains a narrow lead in most national polls.
Strong uptrend - helping gold reach highest ATH 2782. Uptrend maintained going forward - Higher ATH: 2787 - 2800
/// SELL XAU : zone 2800-2803
SL: 2808
TP: 50 - 200 - 300 pips (2773)
Safe and profitable trading
ETH ANALYSIS🔮 #ETH Analysis 🚀🚀
💲💲 #ETH is trading in a Descending Broadening Wedge Pattern. And the price pullbacks from support zone.
There is an instant resistance area and if it sustain here then we will see a bullish move
💸Current Price -- $2678
📈Target Price -- $3310
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ETH #Cryptocurrency #DYOR
EUR/USD ! 10/29/24 ! move in trend, recoveryEUR/ USD trend forecast October 29, 2024
EUR/USD pulls back from recent gains, trading near 1.0810 in early Asian hours on Tuesday. The pair retests the upper edge of the descending channel, potentially signaling a bearish trend. The 14-day RSI hovers just above 30; a dip below would indicate oversold conditions, hinting at a possible upward correction soon.
Gold price moves within 2 H1 downtrend bands - waiting to touch the lower trend and recover
/// BUY USDJPY : zone 1.07950 - 1.07750
SL: 1.07450
TP: 60 - 100 - 250 pips (1.10250)
Safe and profitable trading
Gold swing trade for the week 27 October Gold swing trade for the coming week
Expecting Gold to retrace to previous support at 2736 and continue to 2760.
Method
Parallel channels from previous areas and Fibonacci retracements .
We have had previous high levels of support at 2735.7 expecting this to hold again.
Entry criteria
Wait for levels break and retest is the safest entry
Expecting
240 to 280 pips
As always trade safe don't overleverage
BTCUSDT long using proprietary multi-timeframe trend detectionBTC has maintained the H1 short term trend (13D EMA) throughout the tail end of the New York session, the entire Tokyo session and now the London session. For the coming hours it will be quite interesting to gauge wether we see a reclaim of 73000. This is a crucial psychological and once support is found there if reclaimed today, we'll likely find the spring to catapult us to a new all time high.
Entry: 72528
SL: 71666
TP: 77777
Short term I'd like to see the H4 close back above 73.4k for relative confidence that this leg is well underway. Will look to move the SL into BE when that happens.
Gold Prices Surge, Testing the 2,800 Resistance LevelGold reached a peak of $2,771.61/oz on October 29, driven by political uncertainties and expectations of a Fed rate cut, climbing 0.9% to $2,766/oz.
Currently, gold remains in a strong uptrend, approaching the critical resistance level at 2,800 – a barrier that could put pressure on further growth.
However, the support zone at 2,700, along with the trendline, acts as a potential “launchpad” if there’s a slight pullback.
A smart strategy is to wait for a pullback to this support zone to buy in, capitalizing on a possible rebound.
Don’t forget to place a stop-loss below the support level, as in this game, a single slip could shift the entire market landscape.
GBP/USD Brief UpdateGBP/USD is currently recovering from the lows due to the weakening USD amid market expectations that the Fed will pause its rate hike. However, the pair is still moving cautiously around 1.3000 in the European session on Wednesday, as traders await key releases: the UK Autumn Budget, the US ADP jobs data, and the Q3 Preliminary GDP report due later in the day.
On the technical chart, the support level of 1.2970, defined by the 34-day EMA, remains as a stable pivot. At the same time, the recent bearish wedge breakout is reinforcing the uptrend, suggesting that buyers are in control in the medium and long term. Victor expects that, in the short term, GBP/USD will continue to move upwards with the next targets on H1 at 1.3050 and 1.3100.
Get ready for the wave and good luck trading!
XAU ! 10/29 ! Continue the uptrend, wait new ATHXAU / USD trend forecast October 29, 2024
Gold price (XAU/USD) rises to the $2,757-2,758 range in the Asian session on Tuesday, approaching last week’s record high. Continued safe-haven demand due to Middle East tensions and US election uncertainties supports the metal, while falling US Treasury yields keep the USD under pressure, adding to gold's appeal.
The uptrend is still going on - optimistic sentiment in the market makes gold still a priority investment before the US presidential election
/// SELL XAU : zone 2769-2772
SL: 2777
TP: 50 - 200 - 300 pips (2742)
Safe and profitable trading
Gold prices are on the rise today!Dear friends. Let's update and strategize with Ben today!
As predicted earlier, the gold price has made an impressive bounce to fill the gap, completely escape the sideways trend and end the parallel wedge pattern. At the time of writing, the gold price is trading below the 2758 barrier. The uptrend is very strong as it consolidates at a high level with stable trading activity on the 2-hour time frame.
On the other hand, the gold price may continue to increase due to the forecast that the US Federal Reserve (Fed) will cut interest rates 1-2 more times between now and the end of the year, along with the Central Bank increasing its gold reserve purchases. Due to these factors, it is contributing to making the market hotter than ever. Ben's prediction is that by the end of this week, the gold price will increase by at least about 40 USD, which is the 2780 mark, and even more.
Wishing you all a successful trading and earning lots of silver. Best regards!
300 pips target trading strategy !Gold price is falling at the beginning of the sixth, when the seller returns after not finding a firm foothold on the $ 2,740 static resistance threshold again. The attention is now switching to a series of new US economic data and speeches from the US Federal Reserve's policy makers to create a new motivation for gold prices.
Transaction plan:
Buy around the support level 2,720.
Price target: 2,758.
$BA - Elon Musk is saying nice things about the new Boeing CEONYSE:BA Weekly chart. Elon Musk is saying nice things about the new Boeing CEO: "The new Boeing CEO spends time in the factory and understands engineering, which are big improvements. Hopefully, he turns around a once great company". I believe it's time to buy a call option for a swing-long trade. NFA
Bullish End of Year?This chart shows the price development of Alphabet (Google). Since reaching its high in July, the stock has been in a downward correction. However, it now appears that this correction may be ending. The price has formed a higher low, which could serve as the right shoulder in an inverse Head & Shoulders pattern.
Additionally, the SMAs are bullishly aligned once again. If the price breaks above the 38.2% Fibonacci level, I anticipate a bullish move toward the end of the year.
TM 1D Investment Long Conservative TradeConservative Trade
+ long balance
+ 1/2 correction
+ ICE level
+ support level
+ biggest volume 2Sp+
- not waiting for a test
Monthly Trend
"+ long impulse
+ T2 level
+ 1/2 correction
+ support level
+ biggest volume Sp
+ weak test?"
Calculated affordable stop limit at $168.93
Take profits
20% at 1 to 2 R/R
20% at 1/2 1D
20% at 1D Creek
20% at 1/2 1M
20% at 1M T1
ENA/USDT: Bull Flag Breakout! Strong Bullish Setup in Play!!Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
ENA is looking strong right now! It is breaking out from the bull flag pattern and a successful retest is also done. Long some at CMP and add more in the dip.
Entry range: CMP and add more up to $0.36
Targets:- $0.44/$0.50/$0.57/$0.64
SL: $0.345
Lev: Use low leverage (Max 5x)
What do you think of ENA’s price action? I’m seeing a strong bullish setup here! Share your insights and analysis in the comments below!