Plan for EA : wait to sell- Trend is confirmed by swing HL and LL
- A supply zone was created.
Wait price retest this zone and sell continue
Technical_analysis
$FRONT/#BTC [#Frontier]: BBand_Breakout Resistance_Breakout◳◱ Hey crypto lovers, we've identified bullish signals on the $FRONT / $BTC chart through the detection of both a Bollinger Band and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.00001107 | 0.00001158 | 0.00001279 and the major support zones are at 0.00000986 | 0.00000916 | 0.00000795. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001189 ₿
▣ 24HVol: 6.807 ₿
▣ 24hChng: 5.877%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001107 | 0.00001158 | 0.00001279
◢ Support: 0.00000986 | 0.00000916 | 0.00000795
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.59 - Bullish
▣ Reddit sentiment score is 0.59 - Bullish
▣ In-depth FRONTBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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USOIL : Sell when price retest at the topTechnical analysis about USOIL - Sep.20
- Strong resistance at 92-92.5
- Trend is so far and have got a reversal signal
Waiting a retest at the top and can sell it
DXY : A down signal on h4 timeframe - D1 : This is strong resistance zone
- H4 : You can see a swing LH-LL
Break+Retest 2 times at price 150.20
=> So, I expect it to decrease further
Note: FED - FOMC event
Understanding Necklace Pattern = Fresh Necklace = Sang MoversIn this Knowledge Nugget, I have explained about our "Necklace" Pattern identification. Such stocks in making Necklace may give you 2X to 4X returns in shot span.
Trading 101: The benefits of hard closesIntroduction:
In the world of technical analysis, traders are constantly searching for new and innovative methods to gain an edge in the market. One such technique that has gained popularity in recent years is the use of "hard closes." In this idea, we will delve into what hard closes are, why they are considered superior to conventional crossover methods, and the benefits and practical applications of incorporating hard closes into your trading strategy.
Understanding Hard Closes:
A "hard close" is a unique approach to analyzing price movements in financial markets. Unlike traditional moving average crossovers, which rely on the intersection of two moving averages, hard closes focus on the closing price of an asset. In essence, a hard close is an inflexible criterion that triggers a signal when the closing and opening price of an asset meets specific predetermined conditions.
How to Spot Hard Closes:
Let's say we have a level of resistance, and we are waiting for the price to break out so that we can long it, an up candle must open above the level of resistance, as well as close above it (because it also has to be an up candle). Similarly, if we are looking for a support breakout, we need a down candle to open below the level of support and close as a down candle. Hard closes can be used on both horizontal levels and trendlines.
Why Hard Closes Are Better:
Reduced Noise: Hard closes eliminate a significant amount of noise present in conventional crossover methods. By focusing solely on opening and closing prices, they filter out intra-period fluctuations as well as fakeouts and provide a cleaner and more precise signal.
Benefits of Hard Closes:
Risk Management: By reducing false signals, hard closes help traders make more informed decisions. This, in turn, enhances risk management strategies, preventing traders from entering ill-timed trades.
Versatility: Hard closes can be applied to various assets and timeframes as well as different kinds of levels, making them suitable for day traders, swing traders, and long-term investors alike.
Practical Uses of Hard Closes:
Trend Confirmation: Hard closes can be used to confirm the strength and direction of an existing trend. A bullish hard close, for example, can reinforce the conviction of a bullish trend.
Entry and Exit Points: Traders can employ hard closes to identify precise entry and exit points for their trades. This approach minimizes the guesswork involved in trading decisions.
Filtering Signals: Hard closes can be integrated into existing trading strategies to filter out less reliable signals, enhancing the overall effectiveness of the strategy.
In conclusion, hard closes represent a powerful and innovative approach to technical analysis that offers several advantages over conventional crossover methods. Their ability to reduce noise, improve accuracy, and adapt to different trading styles makes them a valuable addition to any trader's toolkit. Whether you are a seasoned professional or a novice trader, consider exploring the potential of hard closes to enhance your trading strategy and gain a competitive edge in the financial markets.
EURUSD Short Up Move Before a Bigger DropECB Likely to Keep Interest Rates Steady for the First Time in Over a Year
It's expected that the European Central Bank will keep key interest rates unchanged on Thursday.
ECB President Christine Lagarde might hint at a potential rate hike later in the year.
The Euro is gearing up for potential market turbulence based on the ECB's decision and Lagarde's press conference.
The European Central Bank (ECB) is widely anticipated to maintain its current interest rates, marking the first time it has done so since early 2022. This decision will come after the conclusion of its monetary policy meeting on Thursday. Additionally, the ECB will release its updated staff projections for the quarter, and ECB President Christine Lagarde will hold a press conference at 12:45 GMT.
What to Expect Regarding ECB Interest Rates and How It Could Impact EUR/USD
The European Central Bank (ECB) is currently facing a challenging decision as it deals with the increased risks of stagflation. This decision is the most significant since it began raising interest rates in July 2022. In August, the Eurozone's annual inflation rate dropped to 5.3%, a significant decrease from the 10.6% recorded in October 2022. However, core inflation remains stubbornly above 5.0%, well above the ECB's 2.0% target.
If the ECB maintains rates while adopting a hawkish tone, indicating the possibility of another rate hike by year-end, it is likely that EUR/USD will resume its upward trajectory towards 1.0850. Should the ECB announce a 25 bps rate hike, it would confirm a bullish reversal from multi-month lows. Nevertheless, the key drivers for additional gains in EUR/USD will depend on the policy guidance and President Christine Lagarde's statements. Conversely, if the ECB decides to pause rate hikes and lacks clarity on its future path, it will likely please doves and push EUR/USD back towards 1.0650.
Other Key Market Insights for today, this week
EUR/USD is holding onto its gains near 1.0750 as the US Dollar (USD) remains weak, following mixed US Consumer Price Index (CPI) data.
On Tuesday, the German ZEW Economic Sentiment improved to 11.4 in September. However, the index measuring current conditions hit a three-year low at -79.4. The ZEW Institute stated that "Financial market experts are even more pessimistic about the current economic situation in Germany than they were in August 2023."
In August, the annual United States inflation gauge rose to 3.7%, surpassing the expected 3.6% increase. The CPI increased by 0.6% in August, marking its largest monthly gain in 2023, in line with market estimates. The core CPI also increased by 0.3% and 4.3%, respectively, compared to estimates of 0.2% and 4.3%.
US S&P 500 futures are rising due to market optimism, as the latest US data supports the idea of a Federal Reserve (Fed) pause.
The yield on the benchmark 10-year US Treasury bond is declining, approaching 3.21%.
The upcoming ECB event will play a pivotal role in shaping the short-term direction of the EUR/USD pair, with attention shifting to next week's Fed policy announcements.
Bulls and Bears zone for 09-13-2023Yesterday’s trading reflects market's growing short-term lack of interest towards a rally.
Traders might want to test numbers such as 4500.
Level to watch 4510 --- 4512
Report to watch:
US:EIA Petroleum Status Report
10:30 AM ET
Potential Retracement Back to POIs before Bear RunToday, the market exhibited a slight bearish trend, aligning with the overall high-timeframe bias. However, it appears that institutional investors are still eyeing a brief bullish run to accumulate more liquidity before driving the market downward.
Exercise caution and refrain from selling until a strong bearish market movement is observed. Best of luck to both buyers and sellers.
ELF/BTC - aelf: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the NYSE:ELF / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00001119 | 0.0000116 | 0.00001268, and the major support zones can be found at 0.00001011 | 0.00000944 | 0.00000836. Consider entering at the current price zone of 0.00001117 and targeting higher levels.
◰◲ General info :
▣ Name: aelf
▣ Rank: 166
▣ Exchanges: Binance, Kucoin, Huobipro, Mexc, Hitbtc
▣ Category/Sector: Services - Shared Compute
▣ Overview: ælf looks to permit scalability and extensibility through a multi-layer branching structure formed by a main chain and multiple levels of side-chains.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001117 ₿
▣ 24HVol: 9.300 ₿
▣ 24H Chng: 5.377%
▣ 7-Days Chng: -5.68%
▣ 1-Month Chng: 0.65%
▣ 3-Months Chng: 3.05%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001119 | 0.0000116 | 0.00001268
◢ Support: 0.00001011 | 0.00000944 | 0.00000836
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -0.56
▣ Last 90D: -0.31
▣ Last 1-Y: 1.32
▣ Last 3-Y: 0.71
◲◰ Volatility :
▣ Last 30D: 0.42
▣ Last 90D: 0.38
▣ Last 1-Y: 0.53
▣ Last 3-Y: 1.45
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.58 - Bullish
▣ Reddit sentiment score is 0.61 - Bullish
▣ In-depth ELFBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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Bulls and Bears zone for 09-08-2023Yesterday was a positive day after three straight down days. Can traders end the week with a positive day which remains to be seen.
Any test of ETH session High could provide direction for the day.
Level to watch: 4454 --- 4456
Report to watch:
US: Wholesale Inventories (Preliminary)
10:00 AM ET
HIGH/BTC - High Gain: Trend_Reversal◳◱ An intriguing development has unfolded on the AMEX:HIGH / CRYPTOCAP:BTC chart as we've identified a compelling Trend Reversal. This shift in price dynamics indicates a noteworthy potential trend change. It's crucial for us to pay attention to the next resistance levels located at 0.00004982 | 0.00005422 | 0.0000642 and the significant support levels found at 0.00003984 | 0.00003426 | 0.00002428. Taking these factors into consideration, it may be prudent to contemplate entering a buy position at the current price of 0.00004814, allowing us to take advantage of the projected trend continuation.
Let's keep a watchful eye on this exciting opportunity and stay proactive in our trading strategies.
◰◲ General info :
▣ Name: High Gain
▣ Rank: None
▣ Exchanges: Binance
▣ Category/Sector: N/A
▣ Overview: High Gain project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00004814 ₿
▣ 24HVol: 27.074 ₿
▣ 24H Chng: 12.661%
▣ 7-Days Chng: N/A
▣ 1-Month Chng: N/A
▣ 3-Months Chng: -16.26%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00004982 | 0.00005422 | 0.0000642
◢ Support: 0.00003984 | 0.00003426 | 0.00002428
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: N/A
▣ Last 90D: -0.43
▣ Last 1-Y: 0.35
▣ Last 3-Y: -0.52
◲◰ Volatility :
▣ Last 30D: N/A
▣ Last 90D: 1.14
▣ Last 1-Y: 1.71
▣ Last 3-Y: 1.78
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth HIGHBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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PROM/BTC - Prometeus: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the TURQUOISE:PROM / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.0001547 | 0.000169 | 0.000191, and the major support zones can be found at 0.0001327 | 0.000125 | 0.000103. Consider entering at the current price zone of 0.0001473 and targeting higher levels.
◰◲ General info :
▣ Name: Prometeus
▣ Rank: 278
▣ Exchanges: Binance, Kucoin, Bittrex
▣ Category/Sector: N/A
▣ Overview: Prometeus project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0001473 ₿
▣ 24HVol: 2.811 ₿
▣ 24H Chng: 3.224%
▣ 7-Days Chng: -7.97%
▣ 1-Month Chng: -1.88%
▣ 3-Months Chng: -10.28%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0001547 | 0.000169 | 0.000191
◢ Support: 0.0001327 | 0.000125 | 0.000103
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -0.36
▣ Last 90D: -1.09
▣ Last 1-Y: -0.28
▣ Last 3-Y: 0.78
◲◰ Volatility :
▣ Last 30D: 0.50
▣ Last 90D: 0.50
▣ Last 1-Y: 0.86
▣ Last 3-Y: 3.51
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.76 - V. Bullish
▣ Reddit sentiment score is 0.58 - Bullish
▣ In-depth PROMBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
PROM/BTC - Prometeus: Resistance_Breakout_Confirmation◳◱ A Resistance Breakout and Confirmation has been detected on the TURQUOISE:PROM / CRYPTOCAP:BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.0001648 | 0.0001742 | 0.0001947, and the major support zones can be found at 0.0001443 | 0.0001332 | 0.0001127. Consider entering a trade at the current price zone of 0.0001643 and targeting higher levels.
◰◲ General info :
▣ Name: Prometeus
▣ Rank: 261
▣ Exchanges: Binance, Kucoin, Bittrex
▣ Category/Sector: N/A
▣ Overview: Prometeus project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0001643 ₿
▣ 24HVol: 8.833 ₿
▣ 24H Chng: 0.983%
▣ 7-Days Chng: 12.44%
▣ 1-Month Chng: -0.69%
▣ 3-Months Chng: -12.08%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0001648 | 0.0001742 | 0.0001947
◢ Support: 0.0001443 | 0.0001332 | 0.0001127
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -1.51
▣ Last 90D: -1.00
▣ Last 1-Y: 0.79
▣ Last 3-Y: 0.68
◲◰ Volatility :
▣ Last 30D: 0.50
▣ Last 90D: 0.63
▣ Last 1-Y: 1.23
▣ Last 3-Y: 3.52
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.76 - V. Bullish
▣ Reddit sentiment score is 0.58 - Bullish
▣ In-depth PROMBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
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OAX/USDT - OAX: Super_Trend◳◱ We've detected a Super Trend pattern on the $OAX / CRYPTOCAP:USDT chart. The Super Trend indicator is showing a bullish trend, indicating a potential trend reversal. The next resistance key levels are at 0.1703 | 0.176 | 0.1879 and the major support zones are respectively at 0.1584 | 0.1522 | 0.1403. We may consider opening a trade position at the current price zone at 0.1608 and benefit from the trend continuation.
◰◲ General info :
▣ Name: OAX
▣ Rank: 682
▣ Exchanges: Binance, Gateio, Hitbtc
▣ Category/Sector: Financial - Application Development
▣ Overview: OAX Foundation set out in 2017 with the conviction that decentralized finance and digital assets would be an integral part of the future of mainstream finance and commerce. The Foundation’s deep-seated beliefs for the collaborative nature of decentralized finance has served as a basis of engagement for working with key players in the space to explore and push the potential of technology.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.1608 ₮
▣ 24HVol: 472,341.444 ₮
▣ 24H Chng: -1.891%
▣ 7-Days Chng: -1.17%
▣ 1-Month Chng: 0.25%
▣ 3-Months Chng: -49.70%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.1703 | 0.176 | 0.1879
◢ Support: 0.1584 | 0.1522 | 0.1403
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: SELL
◰◲ Technical Indicators Summary : NEUTRAL
◲◰ Sharpe Ratios :
▣ Last 30D: -0.19
▣ Last 90D: -2.21
▣ Last 1-Y: 0.97
▣ Last 3-Y: 0.68
◲◰ Volatility :
▣ Last 30D: 0.78
▣ Last 90D: 0.97
▣ Last 1-Y: 2.44
▣ Last 3-Y: 1.92
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.74 - Bullish
▣ Reddit sentiment score is 0.34 - Bearish
▣ In-depth OAXUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
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Gold Price Holds Steady Before Important US Employment DataIn continuation from our last week’s analysis on Gold which was spot on, we can see right now that the price of gold (XAU/USD) is moving sideways after a recent rise, which was driven by weaker labor demand due to a less optimistic economic outlook. This precious metal is expected to stay relatively stable as investors wait for the release of the US Nonfarm Payrolls (NFP) data on Friday (tomorrow).
On Wednesday, the US ADP Employment report indicated that the job market isn't as strong as previously believed. Companies have slowed down their hiring processes, adding to the signs of an uncertain economic future. The decrease in labor demand has raised hopes that the Federal Reserve (Fed) might ease its approach, especially since Fed Chair Jerome Powell mentioned at the Jackson Hole Symposium that inflation is now more influenced by labor market conditions.
Gold has been on a winning streak for the past three days and is predicted to continue recovering as labor demand from US companies weakens due to reduced overall demand.
The effects of higher interest rates were evident in the US ADP Employment Change data, which showed a decline in job vacancies. The August ADP report revealed that the private sector in the US added 177K employees, falling short of the expected 195K and just a fraction of July's revised figure of 371K.
The slowdown in job growth was particularly notable in the leisure and hospitality sector, where job creation in areas like hotels and restaurants decreased by 30K in August after a period of robust hiring.
Wage growth also eased in August. While those staying in their jobs experienced an annual pay growth of 5.9%, those changing jobs saw a slower growth rate of 9.5%.
Nela Richardson, the chief economist at ADP, noted that the August numbers reflect a pace of job creation similar to the period before the pandemic. She stated, " After two years of remarkable gains tied to the recovery, we are transitioning to more sustainable growth in both pay and employment as the economic effects of the pandemic diminish. "
According to the CME Group FedWatch Tool, it's widely anticipated that interest rates will remain unchanged in September. Additionally, the Fed is expected to maintain rates within the range of 5.25% to 5.50% by the end of the year.
Jerome Powell, the Fed Chair, emphasised during his speech at the Jackson Hole Symposium that inflation is now more responsive to the job market. Consequently, a softer labor market could reduce the upward pressure on inflation.
Raphael Bostic, President of the Atlanta Fed Bank, suggested that the current policy is sufficiently restrictive to bring inflation to 2% over a reasonable timeframe.
After a sharp decline to near 103.00, the US Dollar is experiencing a slight rebound. Nonetheless, many investors are hopeful that the Fed's interest rates have reached their peak, which could lead to further downward movement. The 10-year US Treasury yields have moderately rebounded to 4.12%.
While higher mortgage rates are once again putting pressure on US housing demand, it seems that the most challenging phase of the housing sector's correction has passed due to limited supply.
According to property analysts surveyed by Reuters, predictions of a price drop in the housing market for this year have disappeared, indicating that the short-lived correction in the US housing market is now concluded.
Looking ahead, investors will be paying attention to the weekly Jobless Claims for the week ending on August 25, as well as the core Personal Consumption Expenditure (PCE) Price Index for July.
In conclusion, there's a belief that gold is gaining strength and might experience a potential upward breakout collecting liquidity resting above. This could be accompanied by a minor pullback before continuing its upward movement (see chart for more details).
Bulls and Bears zone for 08-30-2023S&P 500 has three consecutive days of positive Close this week. Could traders make it four, we will find out later on today.
Any test of yesterday's Close could provide direction for the day.
Level to watch 4507 --- 4509
Report to watch:
US: Pending Home Sales Index
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
BNB/BTC - BNB: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the CRYPTOCAP:BNB / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.008362 | 0.008528 | 0.008825, and the major support zones can be found at 0.008065 | 0.007934 | 0.007637. Consider entering at the current price zone of 0.008343 and targeting higher levels.
◰◲ General info :
▣ Name: BNB
▣ Rank: 4
▣ Exchanges: Binance, Kucoin, Gateio, Hitbtc
▣ Category/Sector: Financial - Smart Contract Platforms
▣ Overview: Binance Coin is digital asset native to the Binance blockchain and launched by the Binance online exchange.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.008343 ₿
▣ 24HVol: 207.150 ₿
▣ 24H Chng: 0.0%
▣ 7-Days Chng: -8.81%
▣ 1-Month Chng: -9.80%
▣ 3-Months Chng: -28.55%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.008362 | 0.008528 | 0.008825
◢ Support: 0.008065 | 0.007934 | 0.007637
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -4.80
▣ Last 90D: -3.11
▣ Last 1-Y: -0.38
▣ Last 3-Y: 1.21
◲◰ Volatility :
▣ Last 30D: 0.28
▣ Last 90D: 0.45
▣ Last 1-Y: 0.54
▣ Last 3-Y: 1.03
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.41 - Bearish
▣ Twitter sentiment score is 0.58 - Bullish
▣ Reddit sentiment score is 0.39 - Bearish
▣ In-depth BNBBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
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BNB/BTC - BNB: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the CRYPTOCAP:BNB / MIL:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.008203 | 0.008346 | 0.008612, and the major support zones can be found at 0.007937 | 0.007814 | 0.007548. Consider entering at the current price zone of 0.008272 and targeting higher levels.
◰◲ General info :
▣ Name: BNB
▣ Rank: 5
▣ Exchanges: Binance, Kucoin, Gateio, Hitbtc
▣ Category/Sector: Financial - Smart Contract Platforms
▣ Overview: Binance Coin is digital asset native to the Binance blockchain and launched by the Binance online exchange.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.008272 ₿
▣ 24HVol: 202.604 ₿
▣ 24H Chng: 0.498%
▣ 7-Days Chng: -1.23%
▣ 1-Month Chng: 4.45%
▣ 3-Months Chng: -25.24%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.008203 | 0.008346 | 0.008612
◢ Support: 0.007937 | 0.007814 | 0.007548
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 0.55
▣ Last 90D: -2.48
▣ Last 1-Y: 0.01
▣ Last 3-Y: 1.29
◲◰ Volatility :
▣ Last 30D: 0.40
▣ Last 90D: 0.45
▣ Last 1-Y: 0.54
▣ Last 3-Y: 1.03
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.34 - Bearish
▣ Twitter sentiment score is 0.58 - Bullish
▣ Reddit sentiment score is 0.53 - Bullish
▣ In-depth BNBBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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Bulls and Bears zone for 08-24-2023After last week's sell off, traders are trying to push S&P higher.
Any test of ETH session High could provide direction for the day.
Level to watch : 4460 ---4462
Report to watch:
US:EIA Natural Gas Report
10:30 AM ET
SUI/USDT is Gearing Up For Rally Amidst Chaos| SUI/USDT 💎Ladies and Gentlemen of ParadiseClub, buckle up! SUI/USDT is weaving an enthralling tale, strategically positioned near a bullish Order Block and geared up for an upward climb.
💎In the face of current market volatility, SUI/USDT has stood its ground impressively. It's worth noting that the asset has flipped the script on a bearish Order Block, transforming a former supply zone into a fresh demand area—a bullish indicator that demands attention.
💎Adding a twist to the plot, SUI/USDT has revisited the same Order Block level not just once, but twice. Each time, it honored the supply zone, setting off a downward course. This adds an extra layer of nuance to its already complex price dynamics.
💎Looking forward, an untouched supply zone is on the horizon. Keep an eye out for SUI targeting this zone for mitigation in the near term.
💎As always, Paradisers, stay vigilant and keep those charts updated. The world of crypto never sleeps, and neither should your trading strategies. Happy trading!
Bitcoin Longs Liquidated Again Today, What to Expect Next? Yello, Paradisers! Let's get into what's cooking in the Bitcoin world.
💎In the short-term view, Bitcoin is going through a turbulent phase. A significant number of long positions have been liquidated in the last 24 hours.
💎But This period of accumulation is crucial for Bitcoin's future growth. Why? Because when you see longs getting wiped out, it often signals an incoming wave of purchases from the big whales.
💎Zooming into the 2-hour time frame, the ATR resistance is currently under the spotlight. A successful breach above this level might pave the way for Bitcoin's next upward journey, potentially debunking the 'dead cat bounce' theory.
💎Keep your eyes on this ATR resistance level in the 2-hour chart. As we are always on the whale watch, we're monitoring this level closely.
Stay tuned for more updates, and may your trades be ever in your favor!
SHIB/USDT is Ready For a Potential Rally | Shiba Inu Analysis 💎Hello Ladies & Gentleman of ParadisersClub, SHIB/USDT is currently on an intriguing path, steering towards a likely upward swing.
💎In our previous analyses, we saw how demand morphed into supply, causing a significant dip in price. As of now, a 4-hour chart reveals an order block, indicating that the price could soon reach this demand zone and ignite a bullish wave.
💎Diving deeper, Shiba Inu experienced a 36% correction after plummeting from its peak on August 12th, even dipping below the 0.618 Fibonacci retracement level.
💎What's captivating is the candle on August 17th, which closed above this Fibonacci level, and the subsequent Doji candle on August 22nd. This Doji, with its long lower wick and green close, reversed before even touching the 0.618 support.
💎This pattern suggests that while bears attempted to drive the price down, the bulls swooped in, buying up assets and potentially setting the stage for a bullish run.
💎Stay alert and adaptable, Paradisers. Keep your eyes peeled for more updates and happy trading!
