Due to the halving, the miners make less money. This means the miners have to work twice as hard to make the same amount of money. Historically, a miner earns on transactional process. When that money is conceived into a usage case scenario the money as BTC is spendable, or capable of being saved for later. Right now and since April 19/20th 2024 the newest halving...
Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” Let’s jump into the Technical Analysis: WEEKLY TEMPLATE (1hr chart): Since the previous week, we can see how this market...
FWB:NSE : BANKNIFTY coming to resistance are marked red + high selling of liquidity+priceaction = winning trade. Be ready for Deadly Thursday.
we had double bottom above the 3.82$, and now we broke from our ascending line. first sign of strength , now we need to break the resistant at 4.31$ to continue to go higher towards the 2 profit taking and squeeze area around the 5.37$. if we got rejected at 4.31$, it's means we going towards the bottom price above the 3.33$.
SAXO:XAUUSD Looking for a bullish move at gold. The wednesday trade perfectly worked out. Maybe we can trade it a bit higher to around 1800 or even 1810. Be aware of the "Core PPI" news they can change the direction quickly!
Good morning everyone. The markets are looing bearing today thus I am looking for sells.
If tomorrow price starts in between 39150...35500 we will wait price to hit either upper resistance or lower support and wait for next move. If price gapsup and falls from target area like previous week we will buy put . If price starts and continues upwards from todays spot we will buy ce.
we tested a critical Resistant Level yesterday around the 88.80$, we need to break it and hold above it to confirm new support and going to test 2 profit taking around the 95$, and the 112$ levels . if we didn't over come this resistant around 88.80$, we need to hold above the 64$+,to show that we are in reversal mood , and making this our bottom for this year ,...
premarket is below the 3.68$ level, if we opened the market below it , we going to test our support above the 2.60$+, if we opened above 3.68+, we make it our support and we going to see a test for the 6$+, and the 9$+. NASDAQ:APDN
According to our yesterday analysis,price could not break higher or lower S & R levels and remained sideways the whole day. Yesterday we saw the W pattern today we can see the CUP and HANDLE (which we can expect tomorrow to complete) pattern. So tomorrow if price breaks below 17380 we can assume to be a continuation of todays remaining part of the handle (cup...
BANKNIFTY indices is trading in between 37400....38000 supply and demand area, since four sessions. Tomorrow if price breaks 38150 level immediately, target would be 38400. If price gaps up above 38400 or starts trading near 38400 level after 12 pm we can expect another 150 points move.
For the first time since 3 days price made higher high, higher low momentum , I am expecting the same trend to follow tomorrow . Currently price is trading in between 16570....16680 support and resistance levels , if price tomorrow starts trading between support and resistance area we will wait until it breaks resistance or retraces back to 16570 and resumes uptrend.
we broke from our descending bearish channel , now we have a support above the 0.13$ , if we continue to hold above it we we will see another test for the resistant level around the 0.1780$ , if we broke it , the first profit taking will be around the 0.25$ , and the second profit taking will be around the 0.34$ . NASDAQ:XELA
So I wrote notes in the chart as you can see to understand my analysis more, I see the high protected since it is at a perfect institutional level and also we had Bearish momentum which in my experience tend to continue onto thursdays, also i pointed out the Judaswing to take bearish trades. overall really confident about my analysis and bias on this one. thanks...
(H4) - USD/CAD broken out of support but failed to close bearish. Strong wick rejections showing bullish presence, if we break back above support of 1.23202 then we could see continued bullish pressure back up to 1.23465 (M15) - Will be looking for price to break back above 1.23254 too look for buys up to 1.23465, just a waiting game now.
(H4) - GBP/USD still holding bullish, currently sat around that H4 retest area of 1.38141 we could see price continue to push bullish above 1.38323 in which case we will be looking for buys although we could follow GBP/JPY consolidation and potential free fall down to 1.37693 (M15) - M15 double top, currently sat on the previous higher low (support) If we do...
Starting to see that bullish momentum come into the session. H4 candle breaking resistance leaving behind a wick rejection into resistance, looking to close the H4 strong. Exactly how we forecasted yesterday. All USD crosses are pulling back to support but will we reverse?
Mid-week forecast of USDJPY. Pattern: Expanding triangle Bias: Long positions