GOLD On The Rise! BUY!
My dear followers,
I analysed this chart on GOLD and concluded the following:
The market is trading on 2296.6 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2314.3
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
Trading-signals
USDCHF Massive Short! SELL!
My dear subscribers,
USDCHF looks like it will make a good move, and here are the details:
The market is trading on 0.8969 pivot level.
Bias - Bearish
My Stop Loss - 0.8998
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.8925
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
USDCAD Set To Grow! BUY!
My dear subscribers,
My technical analysis for USDCAD is below:
The price is coiling around a solid key level - 1.3662
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.3702
My Stop Loss - 1.3638
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
GBPCHF Technical Analysis! SELL!
My dear friends,
GBPCHF looks like it will make a good move, and here are the details:
The market is trading on 1.1338 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.1287
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURUSD My Opinion! BUY!
My dear subscribers,
This is my opinion on the EURUSD next move:
The instrument tests an important psychological level 1.0708
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.0727
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
SPY Set To Fall! SELL!
My dear friends,
My technical analysis for SPY is below:
The market is trading on 544.13 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 533.26
Recommended Stop Loss - 550.98
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
EURUSD On The Rise! BUY!
My dear subscribers,
EURUSD looks like it will make a good move, and here are the details:
The market is trading on 1.0692 pivot level.
Bias - Bullish
My Stop Loss - 1.06589
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.0742
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
NZDCHF A Fall Expected! SELL!
My dear friends,
Please, find my technical outlook for NZDCHF below:
The price is coiling around a solid key level - 0.5478
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.5444
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
USDCHF The Target Is DOWN! SELL!
My dear followers,
I analysed this chart on USDCHF and concluded the following:
The market is trading on 0.8927 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.8883
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
ADVANTAGES OF DEX: A New Era in Cryptocurrency TradingDecentralized exchanges, or DEXs, revolutionize the way we conduct transactions by empowering counterparties to directly interact with each other without the need for a central authority. In contrast to traditional centralized exchanges (CEXs), where all transactions are controlled by a single entity, DEXs operate on the principles of smart contracts, ensuring the autonomy and decentralization of the transaction process. This decentralized approach eliminates the risk of a single point of failure, promoting a more secure, transparent, and community-driven trading experience.
Binance, the world's largest centralized exchange by capitalization and trading volume, is a prime example of a traditional centralized exchange. With a clear chain of command, ownership, and management structure, this type of exchange operates under the oversight of its administrators. In contrast to DEXs, Binance requires users to undergo mandatory verification procedures, including facial recognition and recording, and stores user funds in its own accounts. This level of control and oversight makes it a prime target for regulatory bodies, which are increasingly seeking to establish clear guidelines and standards for the global crypto market.
💡 DIFFERENCES BETWEEN DEX AND CEX
🗝️ THE KEY POINTS OF CEXs:
➡️ Centralized Exchanges operate under the umbrella of a centralized organization, where a clear chain of command and management structure governs all operations. This means that the exchange has direct control over user assets, with specific individuals responsible for overseeing day-to-day activities.
➡️ The registration process for CEXs typically involves verification of identity (KYC) and compliance with regulatory requirements. While some exceptions may be made for marketing purposes, such as allowing withdrawals up to a certain amount without verification, this is not the norm. As a result, exchanges may be compelled to disclose transaction data and customer account information to tax authorities, courts, or other parties upon request.
➡️ In terms of ease of use, CEXs often feature a familiar interface and rapid transaction processing times. They can also act as intermediaries, providing a guarantee for transactions and blocking funds until the trade is complete.
➡️However, this centralized approach also introduces security risks. With user assets stored on the exchange, CEXs are vulnerable to hacking attacks, which are unfortunately all too common. The hacking of centralized exchanges has become a frequent occurrence, making it essential for users to prioritize security when choosing a platform.
One notable example of a centralized exchange is FTX, which was once among the top 5 largest exchanges by capitalization. However, its collapse serves as a stark reminder of the risks associated with centralized exchanges. The exchange's management was accused of misusing funds, leading to its eventual bankruptcy. In a devastating blow to users, their assets were locked, leaving them without access to their money.
This incident highlights the importance of regulatory oversight and accountability in the cryptocurrency space. Centralized exchanges, like FTX, are often touted for their ease of use and security features, but they also concentrate user assets, making them vulnerable to mismanagement or even theft. The collapse of FTX is a cautionary tale for investors and users alike, emphasizing the need for due diligence when choosing a platform and the importance of transparency and accountability in the crypto industry.
🗝️ KEY POINTS OF DEXs:
⚡️ Decentralized exchanges, on the other hand, operate on a different principle. Transactions are facilitated by smart contracts, which ensures that users retain full control over their assets at all times. Unlike centralized exchanges, there is no management or authority figure that can exert influence or control over the platform. Instead, developers work alongside the cryptocurrency community to maintain and improve the operation of the exchange.
⚡️ One of the significant benefits of decentralized exchanges is the lack of need for identity verification. Users can trade directly with their cryptocurrency wallets, ensuring complete anonymity and privacy. Additionally, decentralized exchanges do not require users to register an account, making it a more convenient and secure option.
⚡️ Transparency is another key advantage of decentralized exchanges. All transactions are recorded on the blockchain, providing a public ledger of all activity. While it may be challenging for average users to access this information, it at least ensures that there is no room for abuse or manipulation.
⚡️ However, decentralized exchanges are not without their risks. Since users retain control over their assets, the risk of hacking is significantly reduced. However, vulnerabilities in smart contracts can still pose a threat to the security of the platform. Despite this, decentralized exchanges offer a more secure and transparent alternative to traditional centralized exchanges.
💡 ADVANTAGES OF DEXs
📍 One of the most significant advantages of decentralized exchanges is asset control. Unlike traditional centralized exchanges, users maintain full control over their funds, storing them securely in their own wallets. This means that users are not reliant on a third-party exchange to manage their assets, reducing the risk of hacking or theft.
📍 Another major benefit is the enhanced security offered by decentralized exchanges. Since there is no central storage of funds, the risk of an exchange being hacked is significantly reduced. This provides an added layer of protection for users, giving them greater peace of mind when trading.
📍 Decentralized exchanges also offer unparalleled anonymity. Users can trade without having to provide personal information, allowing for a level of privacy that is not typically found with centralized exchanges.
📍 Furthermore, decentralized exchanges offer a unique advantage when it comes to geographical restrictions. With no central authority, there are no restrictions on countries or regions for users, making it accessible to a global audience.
📍 Finally, decentralized exchanges provide a range of tools for earning money. While they may not offer the same breadth of options as centralized exchanges (such as margin trading, bi-currency investments, and liquid staking), they do provide a platform for buying and selling cryptocurrencies, giving users a way to engage with the market and potentially generate returns.
💡 DISADVANTAGES OF DEXs
📍 While decentralized exchanges offer many benefits, they also come with some drawbacks. One of the main limitations is speed and scalability. Due to the load on the blockchain, transactions can be slower and more expensive, which can be frustrating for users who need quick and seamless transactions.
📍 Another challenge is the interface. Decentralized exchanges often have a more complex interface compared to centralized exchanges, which can be overwhelming for new users. This may require a steeper learning curve and more technical knowledge to navigate.
📍Liquidity is also an issue with decentralized exchanges. Often, the liquidity is lower compared to centralized exchanges, resulting in higher spreads and less attractive prices for users. This can make it harder for users to find the best deals and execute trades efficiently.
📍 Furthermore, decentralized exchanges require a certain level of technical expertise from users. To use these platforms effectively, users need to have a basic understanding of cryptocurrency wallets, how they interact with the blockchain, and other technical aspects of decentralized finance. This can be a barrier to entry for those who are new to the space.
📍 Finally, decentralized exchanges are not immune to vulnerabilities. Smart contracts, which power these platforms, can be vulnerable to errors in their code. This means that risks are associated with possible errors in the code, which could compromise the security and integrity of the platform. While developers work hard to ensure the security of these contracts, it's essential for users to remain vigilant and aware of potential risks.
✅ CONCLUSION
Decentralized exchanges are often referred to as "shadow exchanges," but they don't belong to the gray market category. As the cryptocurrency community continues to grow, there is a growing trend towards adopting DEXs, which operate through wallets. The benefits of this approach are numerous. For one, users don't have to worry about regulatory interference, as there is no centralized authority to govern their transactions. Secondly, users are free from the risk of their accounts being blocked or their money being refused by the exchange.
On the other hand, DEXs can act as an arbitrator in disputes that may arise during transactions, providing an added layer of security and trust. However, it's essential to note that transactions conducted through DEXs are fully the responsibility of the participants involved, and any errors or frauds would fall on the shoulders of the individual parties.
Ultimately, using DEXs requires a higher level of technical expertise and responsibility from users. It also means that users must take steps to withdraw their funds to instruments controlled by regulators, such as banks or other financial institutions. Despite these added complexities, the appeal of DEXs lies in their ability to offer a decentralized, secure, and transparent way to buy and sell cryptocurrencies. As the cryptocurrency market continues to evolve, it's likely that DEXs will play an increasingly important role in shaping its future.
Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment 📣
USOIL Trading Opportunity! SELL!
My dear friends,
USOIL looks like it will make a good move, and here are the details:
The market is trading on 80.52 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 78.40
Recommended Stop Loss - 81.78
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
BTCUSD Massive Long! BUY!
My dear friends,
Please, find my technical outlook for BTCUSD below:
The price is coiling around a solid key level - 64292
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 66137
Safe Stop Loss - 63206
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
EURNZD Trading Opportunity! BUY!
My dear friends,
EURNZD looks like it will make a good move, and here are the details:
The market is trading on 1.7429 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.7466
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
AUDNZD Will Collapse! SELL!
My dear friends,
My technical analysis for AUDNZD is below:
The market is trading on 1.0868 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.0798
Recommended Stop Loss - 1.0916
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
GBPJPY Massive Short! SELL!
My dear subscribers,
This is my opinion on the GBPJPY next move:
The instrument tests an important psychological level 201.26
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 200.41
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
GBP_AUD SUPPORT AHEAD|LONG|
✅GBP_AUD is set to retest a
Strong support level below at 1.8930
After trading in a local downtrend from some time
Which makes a bullish rebound a likely scenario
With the target being a local resistance above at 1.9063
LONG🚀
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GBPNZD My Opinion! BUY!
My dear friends,
Please, find my technical outlook for GBPNZD below:
The price is coiling around a solid key level - 2.0693
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 2.0726
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
USDCAD Massive Short! SELL!
My dear followers,
I analysed this chart on USDCAD and concluded the following:
The market is trading on 1.3755 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.3706
Safe Stop Loss - 1.3787
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
EURUSD: 2 Bearish Confirmations 🇪🇺🇺🇸
I see 2 strong bearish signals on EURUSD.
After a formation of a strong bearish impulse,
the pair started to steadily recover within a bearish flag pattern on a 4H.
The price also formed the inside bar formation within the boundaries of the flag.
Today, both the support of the flag and the range of the mother's bar were broken.
It is a very strong technical confirmations.
I think that the market may drop to 1.069
❤️Please, support my work with like, thank you!❤️
EURCAD POTENTIAL SUPPORT BREAK?????Pair: EURCAD
Timeframe: 30M
Analysis: Trend line, volume profile , support and resistance, trend break, consolidation, ascending triangle pattern
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Key Takeaway: Been a alot of consolidation between 1.47450-1.47200 and we could finally see a break. Need to look for a close below dynamic support and our trend line and then a retest of these levels before entering short.
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Level needed: need a close bellow 1.47200
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Trade: SHORT
RISK:REWARD 1:4
SL: 1.47340
TP: 1.46950-1.46640
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
AUDUSD RESITANCE BOUNCEPair: AUDUSD
Timeframe: 1H
Analysis: Trend line, volume profile , support and resistance, trend break, reversal
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Key Takeaway: Seen a great bearish reaction from our dynamic resistance and trend line. Will wait for a good drastic bearish reaction from this level before entering short.
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Level needed: need a close bellow 0.66660
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Trade: SHORT
RISK:REWARD 1:8
SL: 0.66770
TP: 1.66194
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION