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Bitcoin Update !!The BTC/USDT chart shows that Bitcoin has returned to its all-time high range, approaching a crucial resistance area around $72,000 – $73,000. Bitcoin has reached the historical resistance level, marked by the orange line. This area has triggered retracements, indicating that BTC may face selling pressure. The red arrow indicates a potential pullback scenario if BTC fails to break and hold above this resistance. In this case, BTC could retrace towards the $64,000 level or lower support areas within the descending channel. If BTC successfully breaks this resistance with strong volumes, it could confirm a bullish continuation toward new highs. Rejection could signal consolidation or a downward correction. Monitor any breakout or rejection signals around this resistance area to anticipate BTC’s next move. Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed. You can DM us for information on any other coin. @Peter_CSAdmin
by CryptoSanders9563
Gold Price Hits New High: Global Tensions & Fed Support!Hello, wonderful friends! Currently, the price of gold has reached a record high, surpassing the $2,700/ounce mark, strongly boosted by escalating geopolitical tensions in the Middle East, especially between Israel and armed groups in the region. This instability has caused investors to flock to safe-haven assets such as gold, to protect their assets amid continued global uncertainty. In addition, expectations that the US Federal Reserve (FED) will cut interest rates at its meeting in November have also contributed to the increase in gold prices. When interest rates fall, the opportunity cost of holding gold decreases, making this asset more attractive. Many central banks and gold-backed ETFs have increased their holdings of gold, creating further upward momentum for this precious metal. The current trend, along with support from the EMAs at 34.89, gives us a bullish outlook for gold. Gold is currently trading near the 34 EMA support at 2750 with current resistance at $2783. A break above the $2783 resistance would open the doors for further gains in gold, as shown on the 1-hour chart.
OANDA:XAUUSDLong
by Nexus-Trading
Bullish momentum on BTCUSDTechnical Perspective BTCUSD is currently testing the resistance level at 73,500, which coincides with the 78.6% Fibonacci extension. The price is still in an uptrend, marked by higher swing points. However, a retracement is possible as the price approaches the upper boundary of the ascending channel. If BTCUSD falls below 73,500, it may retest the channel's lower boundary and the 61.8% Fibonacci retracement around 68,800. On the other hand, a breakout above 73,500 could lead to further gains, with the 100% Fibonacci extension near 75,800 as the next potential resistance. On-Chain Perspective Bitcoin's spot price has briefly risen above $69,000, clearing significant technical and on-chain levels. This marks a positive momentum shift since June. All Short-Term Holder cohorts are now in unrealized profit, boosting market sentiment. However, speculation in futures markets is increasing, with open interest reaching new all-time highs. According to Glassnode, Net capital inflows into Bitcoin increased by 21.8 billion USD (+3.3%) over the past month, pushing the Realized Cap to over 646 billion USD, indicating rising liquidity. The AVIV Ratio, a measure of active investor profitability, remains robust, suggesting healthy sentiment among active traders. Author: Li Xing Gan, CMT, CFTe, Financial Market Strategist Consultant to Exness
INDEX:BTCUSDLong
by lixing_gan
SILVER, bargain opportunity that's hard to resist.SILVER has trimmed it's price significantly to multi week lows. The overextended correction is a good opportunity for possible reversal prospect. KEY NOTES: Daily FIB is at 61.8 level -- buyer's key demand area. Currently bouncing off this level with precision. Histogram higher lows. Daily Higher lows -- firm ascending support lines. TRI-MONTHLY higher lows - price + histogram conveying firm price valuation goal. Bubble up volume appeared twice this last 2 quarters -- current range of 22.00-23.00 acting as support space for XAG. Spotted at 22.3 TAYOR Safeguard capital always.
OANDA:XAGUSDLong
by JSAL
3
Trump Trade & Japan Politics Push USDJPY Higher Trump Trade & Japan Politics Push USDJPY Higher Japan's ruling coalition losing its parliamentary majority in weekend elections is currently weighing on the Japanese yen. Adding momentum to the dollar's strength, long-term U.S. Treasury yields continued their surge, despite the Federal Reserve’s recent 50-basis-point rate cut. Traders perhaps now see little chance of a rate cuts when the Fed meets on November 6, just a day after the U.S. election. Another key factor in the dollar’s rise is what’s being called the “Trump Trade” — a bet on Donald Trump's potential re-election. Should Trump secure victory and the Republicans retain control of Congress, his policies are expected to drive up the U.S. deficit and reignite inflation.
by BlackBull_Markets
Gold Cup & Handle --> still room to goThere are several ways to approach trading the cup and handle, but the most basic is to look for entering a long position. The image below depicts a classic cup and handle formation. Place a stop buy order slightly above the upper trend line of the handle. Order execution should only occur if the price breaks the pattern’s resistance. Traders may experience excess slippage and enter a false breakout using an aggressive entry. --- in % terms we would have upside --- in absolute terms $-Value we are at the top
TVC:GOLDLong
by Benbarian
#BTC Can it challenge ATH this time?📊#BTC Can it challenge ATH this time? 🧠From a structural perspective, the goals of the bullish structure of the cup and handle have all been achieved, but the long target at the daily level has not been fully achieved, so there is a possibility of continued rise, and it is only about a thousand dollars away from ATH. But we are indeed in the resistance zone, the risk of chasing the rise is very high, and the profit and loss ratio is not good. ➡️If you want to short, there is no short structure here, so there is a contradiction, so continue to be patient and wait and see. ➡️If you hold long orders according to my previous posts, then you should choose to take all profits in this overlapping resistance zone to prevent a large retracement of profits. Let's see👀 🤜If you like my analysis, please like💖 and share💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:BTCUSDT.P
Long
by wolf_king888
Gold is in the bullish direction after correcting the supportHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexMasters2000
Buybacks vs. Dark Pool RotationThis lesson is about understanding the dynamics behind corporate buybacks. Sell-Side Institutions, aka the Banks of Record, have their floor traders do the actual buying of shares on behalf of the corporation. However, the Dark Pools, meaning the Buy-Side Institutions, start selling as the buybacks are going on. This training will help you enter a buyback sooner and exit with higher profits for swing trading. We'll study the NASDAQ:AAPL chart to identify buyback candlestick patterns and how to see when the Dark Pools are selling to lower inventory, which is called "rotation." You will also see how the TTAccum/Dist indicator works, and how I use this excellent, leading Hybrid Indicator to aid in my analysis.
NASDAQ:AAPLEducation
by MarthaStokesCMT-TechniTrader