M-signal
BTC - Bearish Short-Term...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉After breaking below the previous low of $68,000 (marked in red), BTC's momentum shifted from bullish to bearish in the short term.
The question is: until when or where?
As long as the bears remain in control, the next major support zone that could hold BTC up is the $63,000 demand zone.
📈Around that demand zone, we will monitor price action and look for bullish setups to confirm a potential reversal.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Akash Network | AKT AKT is pushing new boundaries in the digital currency ecosystem with its massively parabolic growth run at a time when most altcoins are still fighting their individual bears
The price of Akash Network is $1.55 today with a 24hour trading volume of $4,545,800. This represents a 12% price increase in the last 24 hours and a 160% price increase in the past two weeks. With a circulating supply of 220 Million AKT, Akash Network is valued at a market cap of $337,030,488
Akash Network is a relatively new protocol with the aim of outcompeting big tech in cloud-related offerings. The protocol has made a significant foothold since its inception, and it has been growing its ecosystem ever since
The current growth appears to be triggered by some of the key fundamentals the protocol is exhibiting, including the publishing of its entire Cloudmos code base for the public to see. Investors appear intrigued that Akash Network has what it takes to solidify its foothold as a major contender in the decentralized cloud computing world.
next targets are 1.7 and 1.9$ for scalpers, we invest at 0.69$ break out and here we are
if you set a right target and stop loss, it could be very rewarding in crypto
also if you new to trading then you can count on our experts
Xauusd prices decreased slightly during many hot daysThe world gold price sometimes reached 2,740 USD/ounce but then suddenly reversed and dropped sharply. At 6 a.m. on October 22, today's gold price dropped to 2,720 USD/ounce.
According to analysts, the international gold market fluctuated wildly in the context of many investors selling to gain profits. Gold price today, after many days of hot increases, was forced to go down.
Meanwhile, US bond interest rates increased to 4.1% - the highest level in the past 3 months. That means bond values decline, motivating investors to sell gold and shift capital into bonds. Gold price today naturally decreased.
Gold, which is considered a hedge against political and economic instability, has increased more than 31% since the beginning of 2024 until now. Gold prices also broke many records when the US's move to cut interest rates combined with the need for safe haven capital created a storm in the market.
💎 XAUUSD sell 2734 - 2736💎
✔️TP1: 2731
✔️TP2: 2721
✔️TP3: OPEN
🚫SL: 2743
Gold trading strategy today!Gold saw a slight uptick during the early Asian trading session, continuing its upward trend. The precious metal has been bolstered by global monetary easing policies, as noted by Tito Iakopa, Chief Trading Officer at FlowCommunity. On Monday, China's commercial banks slashed benchmark lending rates, following the European Central Bank’s rate cut last week. Geopolitical tensions, particularly in the Middle East, have also heightened gold's appeal as a safe-haven asset amidst the ongoing conflict with no clear resolution in sight.
Trading Recommendations Around Key Price Levels:
SELL XAUUSD at 2740-2742
Stop Loss: 2746
Take Profit 1: 2735
Take Profit 2: 2730
Take Profit 3: 2725
BUY XAUUSD at 2712-2714
Stop Loss: 2708
Take Profit 1: 2719
Take Profit 2: 2724
Take Profit 3: 2730
Reminder: Always set your Take Profit (TP) and Stop Loss (SL) to ensure optimal trading performance.
Gold Price AnalysisGold prices today continue their strong upward momentum, with bullish signals showing no sign of slowing down. The metal is currently hovering around $2,728, marking an increase of over 70 pips since the start of the trading session.
The primary reasons driving this sharp rise in gold prices stem from global gold surpassing the $2,700 per ounce mark last weekend. This surge has been fueled by escalating tensions in the Middle East, the upcoming U.S. presidential election, and expectations of further monetary policy easing. These factors have ignited the gold market, with many expecting prices to climb even higher in the near future.
Forecast-wise: A recent Kitco News survey reveals a widespread sense of optimism about gold's upward prospects. The majority of experts (94%) predict further price increases, while only one analyst (6%) sees no significant changes.
Similarly, a large portion of retail traders (72%) also believe that gold will continue to rise, compared to a smaller group (17%) expecting a price decline.
On the technical analysis side: This uptrend follows the principles of Dow Theory, and from a Fibonacci perspective, the rally is targeting the first take-profit level at 1.618, which aligns with the $2,925 region.
What do you think? Where do you see gold heading in the coming days?
safe-haven play :USD vs. NZDIn several of my previous analyses, I mentioned the state of the Forex market due to geopolitical tensions . As a result, we are witnessing an increase in safe-haven currencies like USD compared to riskier currencies such as AUD and NZD. Therefore, by following proper risk management principles, you can open short positions on this currency pair.
Additionally, from a technical perspective, after breaking down the ascending channel, the price has formed the first wave of Elliott and, after its correction, has completed the second wave. In the most recent candle, it has entered the third impulsive wave.
Target 1: 0.59750
Target 2: 0.58626
Stop Loss: 0.61010
EURUSD A Fall Expected! SELL!
My dear followers,
This is my opinion on the EURUSD next move:
The asset is approaching an important pivot point 1.0865
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.0846
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
EURGBP Expected Growth! BUY!
My dear subscribers,
EURGBP looks like it will make a good move, and here are the details:
The market is trading on 0.8334 pivot level.
Bias - Bullish
My Stop Loss - 0.8324
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.8355
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
———————————
WISH YOU ALL LUCK
GOLD Massive Short! SELL!
My dear followers,
This is my opinion on the GOLD next move:
The asset is approaching an important pivot point 2720.0
Bias - Bearish
Safe Stop Loss - 2738.8
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 2688.3
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
EURCHF On The Rise! BUY!
My dear friends,
Please, find my technical outlook for EURCHF below:
The price is coiling around a solid key level - 0.9373
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.9390
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
———————————
WISH YOU ALL LUCK
GBPUSD Trading Opportunity! BUY!
My dear friends,
My technical analysis for GBPUSD is below:
The market is trading on 1.3000 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.3029
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
———————————
WISH YOU ALL LUCK
EURUSD - Macro View...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURUSD has been overall bullish, trading inside the flat rising channel in blue.
Moreover, it is approaching a demand zone marked in green.
🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the demand zone and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #EURUSD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GOLD - History Repeating Itself...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📔I find the Gold 4H chart interesting.
Do you see a pattern here?
Look at the first two purple projections.
Gold broke below a low (marked in red), which signaled the start of a correction.
The correction was short-lived as the bulls took control again by breaking back above the red zone, triggering the next impulse phase.
Currently, Gold seems to be pausing, which might indicate the start of another correction phase.
🔄If history repeats itself, to signal a new impulse movement, we first need a break below the current low around $2,625, followed by a break back above it.
This projection could lead to the upper bound of the blue channel, around $2,800.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Gold prices increased about 2.4% during the weekGold costs surpassed $2,seven-hundred an oz for the primary time as worries approximately escalating warfare withinside the Middle East and a traumatic US election race precipitated traders to hurry to safety.
Bullion rose as a lot as 1% to $2,720.17 an oz, surpassing an all-time excessive set withinside the preceding session. The bullish sentiment unfold to the wider treasured metals complex, with silver growing as a lot as 5.5% to its maximum considering 2012. BlackRock Inc.`s iShares Silver Trust, the most important exchange-traded product monitoring The metal, has visible a massive growth in name alternatives as traders guess on better costs.
The marketplace specializes in an increasing number of traumatic geopolitical traits after Israel introduced it had killed Hamas chief Yahya Sinwar, the person in the back of the Palestinian group's assault on southern Israel, inflicting a extended war. 12 months lengthy in Gaza.
💎 XAUUSD Buy limit 2715 - 2713💎
✔️TP1: 2731
✔️TP2: 2651
✔️TP3: OPEN
🚫SL: 2705
➖➖➖➖➖➖➖➖
💎XAUUSD Sell limit 2751 - 2749💎
✔️TP1: 2730
✔️TP2: 2620
✔️TP3: OPEN
🚫SL: 2758
Xauusd Technical Analysis | October 21, 2024Gold fees hold the bullish motion and print new document highs that's expected. The fee will hold the bullish motion and investors will await a bearish correction. Whenever the fee begins offevolved a bearish correction, investors should wait close to the guide degree to feature greater lengthy positions. As lengthy because the fee maintains printing new better highs and better lows, the fashion will hold bullish.
Today’s critical levels to watch:
Support: $2,685, $2,600
Resistance: $2,750, $2,800, $2,841
💎 XAUUSD Buy limit 2714 - 2712💎
✔️TP1: 2730
✔️TP2: 2650
✔️TP3: OPEN
🚫SL: 2705
➖➖➖➖➖➖➖➖
💎XAUUSD Sell limit 2750 - 2748💎
✔️TP1: 2730
✔️TP2: 2620
✔️TP3: OPEN
🚫SL: 2758
XAUUSD, 15-MINUTES TIMEFRAME CHARTXAUUSD, 15-minute timeframe chart
Possible scenario
The best way to use this opportunity is to place a buy limit order at 2,726.30.
Set your stop loss at 2,722.30 below the previous low ($4.00 loss for 0.01 lot) and take profit at 2,736.30 ($10.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
SOLUSDT Long Setup Setting / It's Risky but we are traders ...BINANCE:SOLUSDT
COINBASE:SOLUSD
📈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.
➡️Entry Area:
Yellow zone
⚡️TP:
142.20
148.44
157.38
🔴SL:
126.23
b]🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.