Resistance Ahead | Third time lucky or notWeekly Chart
BINANCE:DYDXUSDT is moving up to resistance zone around 2.4 and this is third time try to break resistance.
Daily Chart
DYDX is trying to test resistance at 2.3 if it's achieved, it will confront the strong resistance at 2.4 that is big challenge
Time will tell
Sellsignal
HDFC Sell * All the information shared in this chart is provided for strictly educational purposes only.
* This chart is sharing information are based on the theory of technical analysis .
* This is not an offer to buy or sell stocks, futures , options, commodity, forex, interests or any other trading security.
* Back test yourself before jump into live market consult your financial adviser and use proper risk management.
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SMC selling area
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boshch long in geven zonethis given buy zone is good for longs to be created
a good stoploss will be red candle closing on day tf below the buy zone .
there this buy zone will be in validated and sellers will make a new resistance
till then one keep it as a good buying opportunity
also from ath to all time covid low this stock is near the .5 fibo retracement
XMR/USDT important supply zoneI am waiting for the price to reach the supply area and after getting the confirmation I will enter the sell trade
enjoy the trade
ZM Zoom Video Communications Options Ahead Of EarningsIf you haven`t entered ZM here:
Or sold here:
Then analyzing the options chain and the chart patterns of ZM Zoom Video Communications prior to the earnings report this week,
I would consider purchasing the 66usd strike price Puts with
an expiration date of 2023-8-25,
for a premium of approximately $3.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
EUR/USD Prediction on 23.08.2023The recent downturn of the Euro (EUR) against other major currencies has attracted significant attention from financial markets, policymakers, and everyday citizens. This decline is not only of interest to those directly invested in the Euro but also has broader ramifications for the global economy. Let’s delve into some of the underlying causes for this trend and its potential consequences.
1. Causes for the Decline:
Economic Disparities: The Eurozone consists of 19 member countries, each with its economic strengths and weaknesses. Disparities between economically strong countries like Germany and struggling nations can create tensions and affect the Euro's value.
Debt Levels: High levels of national debt in countries like Greece, Italy, and Spain have often led to economic uncertainty within the Eurozone. Market fears over the sustainability of these debts can influence the Euro's value.
Political Instability: Political events, such as elections or referendums, can create uncertainty about the future direction of a country’s fiscal policy, potentially affecting the Euro's strength.
Monetary Policy: The European Central Bank (ECB) plays a pivotal role in determining the Euro's value. Decisions about interest rates, quantitative easing, or other monetary tools can influence investors' perceptions of the currency.
External Factors: Events outside the Eurozone, such as trade wars, global recessions, or significant geopolitical events, can impact the Euro’s value.
2. Implications of the Euro's Decline:
Exports: A weaker Euro can make European goods and services cheaper for foreign buyers, potentially boosting exports. This could benefit European manufacturers and service providers.
Imports and Inflation: Conversely, a weak Euro makes imports more expensive, which can lead to inflation if businesses pass on increased costs to consumers. This can erode purchasing power and potentially slow consumer spending.
Tourism: As the Euro depreciates, Europe might become a more attractive destination for tourists, potentially benefiting the travel and hospitality industries.
Debt Payments: Countries with significant external debt may find their repayments more expensive if their debts are denominated in a currency other than the Euro.
Investor Sentiment: Continued uncertainty and a weakening Euro might lead to reduced investor confidence in the Eurozone, potentially resulting in lower investment levels.
Elon's Bitcoin Crash, Spy Bounce Coming, Crypto Longs, and More!Traders,
What an unexpected set of events in the crypto world! At least from my perspective. We are going to discuss what just happened with the Bitcoin crash, where we now stand from a price perspective, and what needs to happen for us to recover again.
We'll also be discussing the usuals. I think I have found a target bottom for the SPY? If I am right and the market bounces a bit, this should also help out crypto.
Timestamps are provided below:
00:00 - Intro
06:45 - Dollar
09:45 - VIX
10:15 - SPY
13:45 - KRE (Regional Banks)
14:39 - Bitcoin
20:00 - All of my recent trades including: stop outs, re-entry prices, what my targets will be, what my new stop outs will be, and why I am still long all trades.
Unfortunately, Tradingview limits the time of these videos to 20 minutes. Apologies to my TV friends.
Best,
Stew
The XRP Zip LinePrice Is Headed For One Last Drop Until Fall Harvest Season For The Crypto Markets. I’m going to keep this sell position right because my chat has one up top on all crypto markets. Buy Limits on the future fall of bitcoin are priced in as well on my channel in the higher pinned chats.
Entry @ 0.50691
Stop Loss @ 0.53
TP1: 0.48
TP2: 0.44
TP3: 0.40
TP4: 0.37369