Get started

Marketanalysis

ETHBTC Set for 3X Gain: Strong Support Levels & Bull Run InsightETHBTC is showing strong support at the 0.0477 to 0.045 level, presenting a significant opportunity for traders. This level could provide an excellent entry point, with the potential for substantial gains. If ETHBTC breaks below 0.046, the next confirmed support level is 0.0355, where there is an 80% chance of a bounce, especially with the upcoming bull run projected to extend until November or December 2025. ETHBTC is a crucial indicator for identifying alt season. If ETHBTC flip the 0.06 level, we could see a robust rally in altcoins. Historically, the targets for ETHBTC during a bull run have been a minimum of 0.09 and a maximum of 0.126 by late 2025. For more insightful analysis, follow us on TradingView to stay updated with our latest trading ideas.
Long
by Houseofcryptokings
EURUSDEuro zone had made many financial plans to strengthen the economy. And our last analysis for eurusd was perfect with hitting target and earning good returns. the next week week expect a major upward movement for eurusd as dollar index is also expecting a downfall retracement from its upward movement which will inturn boost euro zone and weaken dollar. bullish target 1.0760 we will do more detailed analysis of eurusd once the market is open Follow us for more such updates Boost us so that we can reach more people.
Long
by realmillionairefx
3
oil crudewe anticipate a long term buy for crude oil based on the following analysis of crude oil which is an amalgamation of both fundamental technical analysis. WTI crude oil continues its upward trajectory, with hourly prices testing the upper bounds of the ascending channel. If the short-term ceiling holds, prices could still experience a rapid pullback. The 38.2% Fibonacci retracement level stands at $80.02, with larger pullbacks potentially reaching the 50% level at $79.51, followed by the 61.8% level at $78.99 near the channel bottom and the 200-day SMA dynamic inflection point. The stochastic oscillator dropping from overbought territory indicates rising selling pressure, with room for oscillators to decline further before reflecting bearish exhaustion, which suggests that the correction could persist until such exhaustion is observed. The RSI is also trending downward, indicating that crude oil prices may follow suit until oversold conditions are met and oscillators rebound. However, the overall structure shows the 100 SMA above the 200 SMA, confirming that the path of least resistance remains upward, or that support levels are more likely to hold than break. In this scenario, oil prices may continue to rise toward the swing highs around $81.69 or higher. In terms of trading strategy, it is recommended to buy the dips. ENTRY ; 80.00 tp 85 sl 78.80 risk reward ratio ; 120;500 (approximately 5 times more reward). Follow us for such market related updates contents and news boost us for increasing our reach to more people.
TVC:USOILLong
by realmillionairefx
GBPJPY The Bank of England's Monetary Policy Committee (MPC) voted 7-2 to keep the Bank Rate unchanged, aligning with broad expectations. Swati Dhingra and Dave Ramsden again voted to lower the rate by 25 basis points to 5.00%. The BoE indicated that as part of the August (rate cut) forecast, the Committee will review all available information to assess whether the risks of persistent inflation are diminishing. Based on this assessment, the Committee will determine how long the Bank Rate should be maintained at the current level. Despite CPI falling to 2% in May, the Bank expects CPI to "rise slightly" in the second half of the year due to base effects from last year's energy price declines. Additionally, the Bank noted that services inflation at 5.7% was "somewhat higher" than projected in the May monetary policy report. In terms of growth, GDP appears to have grown "more strongly than expected" in the first half of the year but remains at a quarterly growth rate of around 0.25%. Market Outlook: We are less concerned with the timing of the BoE's first rate cut and more focused on the expected limited and gradual rate cuts. For us, the biggest issue is not necessarily the timing of the first rate cut, but the pace and extent of rate cuts after the first one. In an era of global economic fragmentation, supply-side fluctuations, and fiscal activism, 2% is the lower bound for inflation, not the upper limit. This suggests a gradual easing cycle, with rates stabilizing above pre-pandemic levels. Gbpjpy again has a potential buy pattern and if it crosses the pivot we can first expect a down market and further a potential further downward or upward retracement. bullish targets: 202.05 202.30 202.57 202.80 Bearish Targets: 201.50 201.28 201.02 200.80 For more updates follow us Boost us so that we can reach more people
Long
by realmillionairefx
Market Soars with Unyielding MomentumLast week was marked by complete bullish dominance. After positive inflation data was released on Wednesday, the market opened with a significant gap up. The next day, sellers made a sluggish attempt to fill this gap but never came close. To sum it up: 1. Prices are in an uptrend on weekly, monthly, and daily charts. 2. Last week closed strong with almost no seller pressure. 3. There is an unfilled gap from Wednesday, the 12th. So far, this market is fully controlled by buyers. Notably, growth is driven mostly by tech stocks, reflecting a "risk-on" mode of investing. Some people are concerned about the narrow breadth, but it doesn't matter much whether growth is driven by many names or just a few large stocks. While narrow breadth can lead to increased volatility, the fact is that money is being poured into the market. As long as this continues, the market will remain strong. Disclaimer I don't give trading or investing advice, just sharing my thoughts.
AMEX:SPYLong
by hermes_trisme
XAUUSD TECHNICAL ANALYSISBoth Monday and Tuesday the market witnessed a ranging market between 2309 and 2332 area. today 19th June 2024 the us market is having a holiday so the market may lave low liquidity and may be high volatility. resistance zone: 2332- 2336 area. support zone : 2312-2306 area pivot 2322 as it is an area of high volume trades and also the 100 day moving average passes through this area. bullish targets: 2332 2336 2342 2348 2355 bearish targets: 2322 2318 2312 2306 2296 FOR MORE ANALYSIS MARKET RELATED NEWS UPDATES BOOST SHARE AND FOLLOW US
OANDA:XAUUSD
by realmillionairefx
BTCUSDT | End of the Downward Movement?Market Context Are we finally seeing the end of the downward movement for Bitcoin? A compelling scenario is unfolding! Chart Analysis Bitcoin has been holding strong at the 65K support level, which might be the springboard we need to shoot towards 70K and beyond. Key Indicators • Strong Support at 65K: Despite recent volatility, BTC has maintained its ground at 65K, indicating robust support. • Potential for 70K: With the current momentum, aiming for 70K is a realistic short-term target. Strategy Let’s ride this wave! If BTC can break through to 70K, we might be looking at even higher gains down the road. For now, our target is 70K, and we’ll reassess from there. Action Plan I’m going long on BTCUSDT, targeting 70K. This could be the start of an exciting upward journey—let’s see how it plays out!
Long
by minno91
BTCUSDT | Potential Bottom for Now?Market Context Is this the potential bottom for Bitcoin? Let’s dive into the current situation. Chart Analysis Yesterday, I speculated about a push up, and today, it seems we might be at a temporary bottom for BTC. Key Indicators There are several signs pointing to this being a potential bottom: • Failed Push Down: We attempted to break through 65k but were quickly pulled back up. • Strong Support at 67k: Yesterday, we saw another pullback from 67k, indicating strong buying pressure. • Bullish Fundamentals: Market fundamentals are suggesting a move higher. Strategy Given these factors, I’m not convinced we’ll see 60k again soon. While there’s always a possibility, the current indicators suggest we might move higher from here. Action Plan With a solid risk management plan in place, I believe it’s a good idea to try going long today. Let’s see if this bottom holds and we get the expected push up! Stay tuned for updates—this could be an exciting move!
Long
by minno91
LQTYUSDT | Ready for a Move Higher Today? LQTYUSDT | Ready for a Move Higher Today? 🚀📈 Quick Analysis Today’s quick take on LQTYUSDT—this could either be a quick loss or an amazing profit! Here's why: Market Context Is BTC bottoming out? Hard to say for sure, but today seems like a good day to bet on a small rally to give folks some hopium before any potential downturn. Chart Analysis LQTYUSDT is following a similar pattern. I’m expecting a breakout today, revisiting higher prices. Strategy Yesterday's bullish close, despite being a Sunday, aligns with signals from BTC and other altcoins suggesting an upward move. ETH’s significant jump on Friday adds to the optimism. Action Plan I'm going long on LQTYUSDT with solid risk management. Let's see if we can ride this wave up—stay tuned for updates!
Long
by minno91
1
S&P Tug of War Continues as Market Seeks ClarityLast week marked some of the most unclear price action we've seen. Starting on Tuesday, sellers gradually took control from buyers, but most of the action occurred during extended hours (meaning on VERY low volume). On Friday, sellers finally acted during regular trading hours and attacked the market right from the open. However, it seems buyers were only waiting for this, as the price suddenly pivoted, and the day ended with a spectacular bull run. At this moment, the market is sending very confusing signals, and the best strategy for a swing trader is to simply stay away for some time. Here's a formal summary of the current situation: 1. Long-term Bullish . The price is in an uptrend on both weekly and monthly timeframes. May closed above April’s high 2. Short-term Bearish . Weekly consolidation is in progress, and despite the bull show-off on Friday, the market is still consolidating on the weekly timeframe. Moreover, the week closed with a bearish "hanging man" candle. 3. Respect Friday’s Bull Run . It was unusually strong for bearish context and could easily develop into something significant. To develop a convincing thesis, we need to see some clarity on the daily chart. Either bears will confirm a daily lower high, signaling the continuation of the weekly consolidation, or bulls will set a daily higher low, signaling the continuation of the uptrend. Until this happens, we can expect more unexpected moves in both directions without much follow-through. Disclaimer I don't give trading or investing advice, just sharing my thoughts.
AMEX:SPY
by hermes_trisme
BEERUSDT | Will the Sell-Off Continue? Market Context Is the sell-off for BEERUSDT going to continue? With BTC looking shaky, this presents an intriguing opportunity to short new coins like BEERUSDT. Chart Analysis We recently nailed an amazing trade with a 3:1 RR on BEERUSDT. Now, it's time to double down and ride the next wave lower. Strategy BTC's weakness is our signal. BEERUSDT has some wicks to close, and this could be our chance to capitalize on a further decline. I'm ready to short and see if we can more than double our gains! Let's see how this plays out—stay tuned for what could be a profitable ride!
1Short
by minno91
1
S&P bulls confirm their control; market reaches new highLast week, the Bulls' performance surprised many and some were badly hurt by Wednesday's rally. Followers of this channel, however, hopefully avoided this trap by staying aware that a bullish run was possible given the market's mixed signals. Now, the Bulls have confirmed their control by establishing both a higher low and a new high on the weekly chart. Notably, they managed to maintain this new high into the week’s close. At this point, my bias is 90% bullish. The only concern is the divergence between price action and market internals. While SPX set a new high, there were less stocks reaching new monthly high than lows. Although this isn’t a strong indicator, it’s something to keep in mind if suddenly things start to shift. But until we see clear signs of seller strength, we should remain aligned with the buyers. Disclaimer I don't give trading or investing advice, just sharing my thoughts.
AMEX:SPYLong
by hermes_trisme
BEERUSDT | More Downside Ahead?Market Context BEERUSDT took a significant hit yesterday, and it looks like the bearish momentum is far from over! Chart Analysis The daily timeframe is looking bearish after yesterday’s sharp drop. We're currently retesting some levels from yesterday, which sets the stage for another potential push downward. Strategy Given the bearish close and retest, I’m expecting further downside action today. Let’s see if the market agrees! Stay tuned—this could be a thrilling descent!
1Short
by minno91
2
SCUSDT | Ready for Continuation?Market Context Is SCUSDT poised for an upside continuation? With BTC rallying on positive CPI data, the stage is set for some altcoins to follow suit. Strategy The stars are aligning for SCUSDT, and I'm eyeing a high-risk, high-reward trade with a 6.63 RR. This is the kind of opportunity that can move fast, so timing is crucial. Action Plan Entry: 1M chart—be quick! Let's catch this wave and see where it takes us. Stay tuned for a thrilling ride!
Long
by minno91
1
BTCUSDT | New ATH Incoming?🚀 Are we on the brink of a new all-time high for Bitcoin? All signs point to yes, and I need to be in on this action! Breakout Alert Yesterday, we broke the trendline of a forming bull flag on the daily chart. This classic pattern break could be signaling a massive move upwards! Targets While my exact target is still undecided, there's a ton of liquidity at $72k. Breaking through this could propel the price to an eye-popping $90k without a doubt! This setup is too exciting to miss. Let’s see how this plays out!
Long
by minno91
AUDIOUSDT | Volume Surge to New Highs?Market Context Today, we've seen a slight volume increase in AUDIOUSDT, potentially signaling a move higher by the end of the day. We've broken the previous 1H high and trendline, setting the stage for an exciting run! Strategy With the market expected to be quiet today, small tokens like AUDIOUSDT could see quick pump-and-dump action. Let's capitalize on this opportunity and see how it plays out! Stay tuned—this could get interesting fast!
Long
by minno91
FLOKIUSDT | Another Small Correction Downside?🐶📉 Market Context Are we on the verge of another downside correction for FLOKIUSDT? It certainly looks possible! Strategy Friday saw a strong move down, and we usually fill those wicks sooner or later. Given this pattern, we could see FLOKIUSDT dip a few more pips. This setup presents a quick 1.5:1 risk-reward trade—an exciting opportunity to capitalize on the market's momentum! Let’s dive in and see how it plays out—stay tuned!
BYBIT:1000FLOKIUSDT.PShort
by minno91
BENDOGUSDT | Ready for Continuation?Market Context Is BENDOGUSDT primed for continuation? The price action suggests it's more than likely! Chart Analysis Both the daily and 4H timeframes are painting a promising picture. We've got momentum on our side, and the charts are aligning for a potential breakout. Strategy While nothing is ever certain in trading, this setup looks incredibly strong. I'm betting on a continuation and excited to see how this plays out. Let’s watch BENDOG soar—stay tuned!
Long
by minno91
IOUSDT | Heading Lower Before the Big Pump?Market Context IOUSDT just attempted a breakout, but I’m not buying it. Here's why: Chart Analysis Despite the recent breakout attempt, the volume isn't convincing. Without the necessary volume, this move seems weak and likely to reverse. Strategy I’m expecting IOUSDT to dip lower before it catches the wave with BTC's anticipated pump later this week. This could be a strategic opportunity to short now and buy back in at a lower price. Stay tuned—this market move could be quite the rollercoaster!
Short
by minno91
HIFIUSDT | Ready for a Move Higher?Market Context Is HIFIUSDT poised to climb from this point? It’s looking possible! Chart Analysis We recently hit a new low on the daily chart, thanks to a Friday flush. However, this could be the recovery point we’ve been waiting for. Today’s price action hints at a potential false break on the daily timeframe, setting the stage for a rebound. Strategy This is a risky trade, but I’m a risk-taker! I’m betting on a bounce and aiming for our profit target. Let’s see if HIFI hits the right notes and moves higher! Stay tuned for updates and let’s watch this play out!
Long
by minno91