US100 Index (NASDAQ): Waiting For Breakout
After a strong bullish impulse, US100 Index is consolidating within a horizontal range.
To catch the next trend-following movement, wait for a breakout of its upper boundary.
Daily candle close above 13250 will confirm a violation.
A bullish continuation will be expected to 13550 level then.
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Rectangle
XAU/USD - Is this the start of a bearish trend for Gold?
Overview
OANDA:XAUUSD was in a bullish trend, however, bearish RSI divergence was formed on the last 2 higher highs and price has since formed a lower low on the 4 hour chart!
Analysis & Plan
For this strategy, we will be taking into account all mandatory bullish and bearish factors to enter the trade! Since price has already formed a lower low, we are expecting price to break this lower low and continue the bearish trend! Current price is ranging in a bearish rectangle, which is a bearish continuation pattern as well! All factors considered for this trade are displayed on the chart!
OKB - The Token for OKX Exchange Part 1Chart Part 1 (OKB / USD)
Chart Part 2 (OKB / BTC) follow up chart on my profile here.
I continue my search for coins/tokens that outpace BTC.
BTC / USD
- Broken out of parallel channel & retest.
- Long term trade 12 - 24 months to see upper targets hit.
Some very interesting fundamentals occurring as you may not be as familiar with this exchange.
- Top 25 Token by Market Cap.
- OKX is a Malta-based crypto exchange OKX (Europe Section)
- The OKX platform is the de facto European counterpart of the leading Chinese exchange, OKCoin.
- OKB is the global utility token issued by the OKX exchange, much like Binance offers BNB utility token.
- The OKX Platform has the 7th largest Trading volume in crypto (just under Bybit and Bitfinex)
- With MICA crypto regulations recently approved this could offer OKX a MASSIVE opportunity to compete with those in the top 5 Exchanges.
- Designated as having a clean reserve by Crypto quant (excludes OKB token in ProofOfReserve calcs).