Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price entered to downward wedge, where it at once rebounded from the resistance line, which is located in the seller zone, and started to decline. In a short time price fell to the support line of the wedge, and then tried to grow, but failed and continued to...
THE KOG REPORT – FOMC This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in...
Pivotal moment for Crypto alts. I think BTC dominance is topping out soon. One of the beneficiaries of that will be the stronger altcoin projects such as CHAINLINK. It presents a good risk to reward trade once we can break out of the RSI and triangle pattern. We are down over 50% since the highs this year. Alts remain highly risky in the short term so I’d rather...
Hi folks today I'm prepared for you Gold analytics. A few moments ago price declined to the trend line and then started to move up near this line to support 2, which coincided with the support zone. When the price reached this level, it broke it and rose a little more, but soon turned around and dropped, breaking support 2 and the trend line too. Soon, Gold turned...
In my current analysis of the Ethereum/USDT daily chart, I observe several technical indicators and chart patterns that influence my trading strategy. As of the latest data, Ethereum is trading at approximately $2,351.80, reflecting a positive change of 2.44% on the day. The chart reveals Ethereum is navigating within a downward trend channel, highlighted by the...
This week, the FOMC decision on Wednesday is crucial. Markets have been eagerly awaiting this moment all year, expecting a rate cut. However, caution is advised: the market may have already priced in several future rate cuts, not just one. Keep in mind that rate cuts are often a signal of economic instability and are intended to mitigate further economic damage...
USDJPY is moving between trend lines above the descending channel. The descending structure is still intact and has not been broken yet. The price has already reached the lower trend line and 50% retracement level and formed a bullish takeover afterwards. We expect growth after consolidation above the resistance level. ------------------- Share your opinion...
I am bullish BITSTAMP:XRPUSD with upside targets of $5, $10 to $15. Those are the 3 main target levels. $5 target, 99% probability of being hit, IF price breaks out above $2 $10 target, 30% probability of being hit $15 target, 10% probability of being hit Selling may change depending on market conditions. dmt62dmt.substack.com ^Link to substack...
Daer Traders, We are witnessing a bullish reversal on EURJPY and that is why we think price is likely to continue going up. With possibility of price reaching towards a level of 166 which is a key level where we have fair value gap within the chart frame. good luck
My fellow traders, here we have a classic bearish chart setup. ➖ Bitcoin has been consolidation with a bearish bias now for six months straight; it has been printing lower highs. ➖ Volume has been dominant on the bearish side and the BTC side of the Altcoins market is decidedly bullish. These signals are telling us that Bitcoin is likely to move down next;...
This week OANDA:XAUUSD surged to an all-time high, fueled by increasing expectations of a potential interest rate cut from the Federal Reserve. The price rose over 3%, marking its strongest weekly gain since August. This optimism is driven by concerns about inflation and global uncertainty, which have led to expectations of a rate cut aimed at stimulating the...
- Very Quick and simple update. - Everything is in graphic. - Nothing much to say. - Not a price prediction. - Just tell me, how do you like your coffee ? Happy Tr4Ding !
The price perfectly fulfilled my previous idea. It reached the target level. BINANCE:DOGEUSDT has successfully broken and closed above the psychological level at 0.1000. Currently, the price action is consolidating and continues to bounce off this key level. It seems that the market has taken liquidity from below the psychological level, creating a false...
This past week Oracle announced it is taking orders for the first Al Supercomputer which will be powered by up to 131.072 Nvidia BLACKWELL CHIPS. The NVIDIA CEO Jensen Huang also told the conference that the demand for their blackwell chip is so high that some customers are getting emotional..THIS is part reason why the stock rose back by 8.3% the past week....
Gold reached 1.272 at Daily The price of gold has reached the 1.272 at daily chart, and the price stopped around 1.272 point, and begins to fall. Therefore, sell gold when the price turn back around 2582 SL: 2591 TP1: 2520 TP2: 2489
Hello trader's Here is the new analysis for bitcoin for long term . Which bullish candel it forms here ?? comment down .. Don't forget to like and follow.. Short term analysis is also comming ..
hello guys. The chart shows a head and shoulders pattern, which is a reversal indicator. The price formed a left shoulder, head, and right shoulder pattern, signaling a potential bullish move. Price has broken out of the yellow support zone (neckline of the pattern), confirming the reversal. Immediate target is around 0.00014400 USDT (blue zone). Extended target...
Let's look at Solana based on candlestick reading. (Notice the numbers and letters on top of the candles.) ➖ March 2024 signals the end of the bullish wave. (1) Breakdown. After the rise prices move lower strongly for the first time. (2) The first breakdown is confirmed by a second breakdown. (C) Continuation. (3) Strong breakdown. Lower high compared to...