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UJ needs more momentum to move towards 150.00Greetings to all! Currently, the USDJPY pair is maintaining its upward trajectory and is presently engaged in a horizontal trading pattern at 149.11. The Japanese Finance Minister, Shun'ichi Suzuki, has reiterated that the government will take measures against the recent depreciation of the Japanese Yen (JPY), which is benefiting this currency pair. However, in terms of long-term prospects, this particular pairing still faces challenges from a psychological resistance level situated at 150.00. It is not currently feasible to surpass the resistance level of 149.72 due to the absence of a specific target set by the government to trigger currency intervention for JPY. Nonetheless, there's no need for concern regarding market psychology at present since buyers will continue to provide support. Consequently, it's expected that prices will correct themselves back towards previous levels and successfully surpassing the resistance level of 149.6 will pave a path for further increases in USDJPY prices.
by AlselvSignals
EURUSD recovers from lossesHello dear friends! Today, the EURUSD is experiencing a strong recovery and is currently trading around the 1.058 level. The strong recovery following the lowest daily close of the year so far has improved the prospects for the Euro, although the overall trend is still downward. However, a potential prolonged recovery to around 1.0700 could occur due to support from a correction in the US Dollar, which has temporarily paused after an extended period of gains, creating favorable conditions for an increase in value for the EU. And what do you think?
by AlselvSignals
Why is Shib not moving🤔but the market shows signs of growth?Hola shib fans - Here today to answer a question from a follower, that question is: "What the he!! is going on with shib are we crash are we getting ready for a pump to the moon help I would like to know should I buy or not" Answer: Simply put we are in danger of heading to another perhaps hard crash in the coming days - currently we are consolidating prepping for what looks to be a pump to the 900 - 1000 giving shib it's first ever green september. However; it could be in fact a possible dump in the process of falling to the lower 650's. Reason: Well simply put - don't rely on the shib chart for answers to this question, sadly we need to view 3 different cryptos to know for certain, the main culprit is in fact BTC - but it is slowly trying to recover on the 4 hour chart but the day chart is likely moving to high to fast, and eventually will meet a unwelcome retreat back to the 25k or less, and in the process taking Shib inu with it. reason for it is: The Bitcoin network is experiencing the longest period of block fullness in history, data shows that there are currently more than 461,000 pending transactions, which means continued congestion on the Bitcoin network will further affect the confirmation of low-value transactions - this explains the current downtrend we've been experiencing even though BTC been getting a lot falling in its favor and still crash - So basically back orders finally build up like a blood clot - so no telling how many orders were sells or buys till it drops down to half that amount. And if you notice Shib has done this 8 times in the past 2 months before. It would look as tho it was progressing with high potential to break the barrier that keeping shib and other cryptos from rising. Only to slowly burn away without notice that it's burning. Like Methanol as an invisible fire you can't see it but it's happening. So the question is, is there a bull run on the horizon or are we still in bear country. Currently I can not give a full answer, some charts including Bitcoin are showing signs of wanting to break away from the lower levels, however, things are not as they seem as they are also showing signs of much lost of support in areas where support would be the needed currently to prevent further crashing to the Shib - 400 range. It's a possibility we may get the support but the real question is when? Should you Wait - Buy - Sell - Hold - at this point and time I would say buy but for a short sell or hold if you have sustained loses already, Shib maybe doing a slow burn so there will be gains to be made, but regardless you are at the lower 700's which is basically a safe zone for shib it may go lower but it always seem to return to the 700 mark if it does crash - which in my opinion is likely to happen soon. So make the best of it and buy more if it does indeed crash. But for now I will list my findings and show what paths we may be taking in the next few days to weeks. Be sure to Like follow and sub for more content like this. BITSTAMP:BTCUSD BINANCE:BTCUSDT BITSTAMP:ETHUSD BINANCE:ETHUSDT COINBASE:SHIBUSD BINANCE:SHIBUSDT
by Grandmaster_Oz
1
Bitcoin 10k crash! Reposting from Aug 19, 2023This is a republishing of my original post of title: Bitcoin 10k crash‼️ - 🤔 will it happen? Can it be avoided? The original version was removed - for reason I care not to explain. BITSTAMP:BTCUSD BINANCE:BTCUSDT BINANCE:BTCBUSD KUCOIN:BTCUSDC BINANCE:BTCUSDT.P I wanted to do an update to my original post and below you will see what charts and findings including the original post from August 19th to help you decide on if you want to invest. Please be advised. 🚫Do not allow this to frighten you into selling, or consider this as financial advice, understand the risk and understand this may be hypothetical so bear with me BTC -fans or any of those that follow my content, take this with a grain of salt. Like, laugh, make fun of this prediction, but I just wanted to give everyone a heads up of my findings. So by the 19th to the 20th of this month, we maybe in more trouble than we think, we may need to start the recovery process soon as this is effecting a great deal of the market and not just cryptos if this issue is not recovered soon - or - see Bitcoin fall in price to the range of 10k by September 25, 2023 or late October 2023. I will add updates to this post as it progress. Be sure like, follow, and subscribe for more tips and prediction from me. Grandmaster_oz Will be creating a streaming channel soon so I will be covering future events live or on recording. Below the current status of the market today.
Short
by Grandmaster_Oz
24
How We Use The Forecast Model PatternsThe current position of all patterns (with the exception of the Cumulus Triangles) are not set in stone. The patterns can extend across many different price and time ranges at any given point in time. The current positions are default locations determined by analyzing the historical average position were each pattern occurred across all cycles. We currently have every pattern in this default position to help us gauge where the Bitcoin price most likely will be in the future, and to compare historical price behavior to the current situation. Thanks for watching!
INDEX:BTCUSD
by TheCryptoWeatherChannel
Gold price finds new peak in ascending trendGold prices were a bit volatile today attracting some buying pressure for the third straight day on Monday and are slowly rising towards the $1938 level. XAU/USD is now looking to build on the recent decent recovery from around $1,900. Looking at the 4-hour golden frame, the downtrend line has been crossed, clearly showing signs of a change in sentiment, causing us to set our target at a higher level. Gold's next targets will be 1938, 1945 and ultimately 1950 USD.
OANDA:XAUUSD
by AlselvSignals
EURUSD maintains potential uptrendHello everyone! Today, the pair is receiving bullish support due to improved market sentiment and a broad-based US Dollar pullback thus keeping EUR/USD in a positive trend. On the downside, any further recovery could encounter resistance near the previous monthly low around 1.0685. This is followed by the psychological level of 1.0700. If that plays out there is a possibility that a short-selling rally could push the EUR/USD pair towards weekly highs around the 1.0765-1.0770 region. Many buyers can be invited to join the market.
by AlselvSignals
$25,000 Is The Price To HOLD: New Video Up!In a bull market, this blue horizontal line represents the lowest closing price between the point after all 6 MA's moved below the point of control and the point where all 6 MA's were no longer below the point of control. This pattern has happened 3 other times in bitcoins history (2011, 2012, 2020, and now in 2023) but has not happened every cycle. Nevertheless, when this price line is established, the price has never again closed below the line. Will we brake the pattern this cycle? Or will the pattern continue. What are your thoughts?
INDEX:BTCUSDLong
by TheCryptoWeatherChannel
GBPUSD LONG FOLLOWED BY SHORTS *PREDICTION*As we can see on the charts the current trend is bullish - which in fact is the pullback in the higher TF (HIGHER TF - BEARISH). We are about to enter a buy zone - only will be confirmed by the reaction off the OB, if we see a solid rejection (which will implicate the confirmation of buys) we shall follow it up to the next OB zone seen on the left hand side. With this comes pullbacks as it reaches EQH (Equal Highs) - when an equal high occurs it will 9/10 follow with an pull back to an POI. This will continue to the most probable OB at the top of the zone, it will most probably sweep the liquidity from the top zone also so beware of where you end up leaving your SL. ENTRIES ONLY TO BE MADE ON LOWER TIME FRAME. The following after the touch we will also wait again for confirmations of the short position. If achieved we will expect the lows liquidity to be swept, giving us a massive swing opportunity.
Long
by AJV98
Shib August 2023 prediction update, Alien🛸Edition.BINANCE:SHIBUSDT COINBASE:SHIBUSD BINANCE:SHIBEUR CRYPTOCAP:SHIB Hola Shib fans I'm here to give you another rendition of my crazy wild predictions. Preying I don't break the internet with this update. Well there is good news and a little somewhat bad news, as we near closing on the day chart as of 8/14/2023. Shib took a major lost and is at a potential to lose more without support in the coming weeks till August 21. Note: It is salvageable but hard to do. Shib still has a capping issue, it's a likelihood that it will fall to the 0.00000950's if support is not available by 8/16/2023, but hopefully that won't be the case, in fact I am counting on it to fall to give it more breathing room to make another big run to the 0.00001500 or more by Aug 21st due to Shibarium gaining support, but shib needs to be at the 0.00001200 by 8/16. For now It'll need to rise and it may not go no higher which will allow the day chart to lower down well enough to make an additional capping space for shib to move up once more to the 0.00001400 locking shib in at that range and allow it to move higher. There has been two mistakes made in the day chart back in Jan 2023 of this year. Shib moved too high too fast an it forced itself to reach the market high day wall - these are based on the limited support or the amount purchased by rallies and whaling activity, without it - shib as no choice but to relieve itself of that pressure. So everytime shib made it to the peak of the daily chart. Shib would lose a considerable amount of momentum and shib lose the overall support in rushing to the 0.00001800 range, and with the addition of low support or sell-offs - Shib slowly but surely crash back down to the 600 to 540 range of this year. So sadly we maybe making the same mistake twice in one year. Shib can never get above the 2000 mark - because Shib is always hitting an invisible wall forcing the crypto to crash back down to the lower 900 range and stealing a zero, like swimming in a frozen lake and you can't break the ice wall above you to breath. So in conclusion - I blame 👽Aliens for this , - that's right 👽ALIENS - little green men, who came from crypto space and they wanna keep Shib down, they did it - they took our cows, they took our families, hell they even took our jobs, now they taking away shib success run with a market cap wall, that's where we shib-fans draw the line. Set your auto-sell date Shib-fans cause this ain't over, not by a long shot!! All jokes aside we can save this we just have to maintain the up run we have so far.
by Grandmaster_Oz
Predicting the Future of Shibarium🥳BINANCE:SHIBUSDT - CRYPTOCAP:SHIB - COINBASE:SHIBUSD Month to month year to year chart. Hola shib fans - I had a question asked by one of my followers about Shibarium. From: ShibaArmy77 "@Grandmaster_Oz I know this is a silly question that no-one can be 100% certain of... Do you think when the Shibarium gets launched, can Shiba potentially eat 2-ZEROES? I know there's not a definite answer, just wanted to hear your thought on it and see if there is a potential?" Good question! Short answer : Anything is possible, such as - if dead companies like blockbusters that's been Bankrupted and liquidated can comeback from the dead and have a market price higher than Elon Musk's favorite crypto the dodge coin. 😏See what I did there. Then it's possible for Shibainu to see heights such as removing a few zeros, in fact I'm begging it to - please do so, I want to retire at 40 years of age. But sadly you come asking for a real prediction and yes it is possible for it to even see $0.01, but we would require a rally for that to happen. So the long answer is : not really possible not at this very moment. Shibarium is launching at the right time yes - as the market for shib from this month currently - till July of 2024 is in an up trend / wave - which can aid the potential rise of shib to newer heights - but there are a lot of unwanted factors in the way, for example: ---------------------------------------- Public/ market interest The fact we are supported by Ethereum - but that's not much of a issue if we can rally up-word and give shib a backbone of it's own. Government regulations breathing down our necks. An Lastly The flow of the economy ------------------------------------------ What can fix or remedy these issues are: large rallies in wave succession Whales looking for greater gains at such low prices. High public interest More reward than risk less panic sellers less impatient investors ready to sell less impatient whales that like to sell And lastly Removal of day traders - like myself. 😩(Yeah I'm contributing to the problem, but who wants to watch it crash when you can have greater returns.) (Sorry in advance) ----------------------------------------- But this is just the tip of the iceberg we call Shib with the support of Shibarium. Your other issue is the path it takes. With the right path it will rise over time, the wrong path with no support will result in Shib crashing to it's original state it was suppose to be in the market. It's mostly people selling to make it rich and forcing the wave to start collapsing, and once it starts it's not stopping. So that is the cause but really it's a lot of factors, mostly timing and the willingness to buy. Get a single rally to make a powerful wave up to 0.00008000 or more, it'll fall within a week because of lack of support - new buyers panic selling and everyone wondering why the hell is it crashing and rushing to blame the value of the shib market for it's weakness. But in reality we are riding in waves, and some waves are high others are low and when there low even with a rally it will fall back regardless of how you feel about the coin. Trick is you need more than one rally to force it to move up and keep it in place or else it continues to fall back down, it's always wanting to go down, that's the stock market in general. And lets not forget about the crypto depression that can take you from 0.00008000 to 0.00000700 in a matter of 2 weeks. That's what happen in 2021. So the best path to take is the slow and steady path, that's creating new peak points and gaining support to stop the lows from getting any lower. Even with cryptos like Bitcoin for example and their limited supply - the price is still going down because they are in a down wave and the holders don't even know it or care to hear about it. --------------------------------------- So in conclusion do I think Shibarium will help Shib lose a few zero? Yes, it will but highly unlikely to happen at this very moment maybe in a year or so - but you never know till you Hold and watch the ride. --------------------------------------- Just be happy we have something that doesn't go bankrupt like the stock market does with companies that enjoy doing negative splits and charging you 50 bucks for your 1 share/ half a share, blasted thieves. Yeah sorry past events on E-trade popped in my mind, more like nightmares really. Any-who hope this helps.
by Grandmaster_Oz
4