Silver - Downside BreakoutSilver, surprisingly, isn't very bullish despite the recent market panic. However, my technicals are telling me that there's momentum with the neckline breakout to the downside.
Trend
MBL/USDT NEW INCREASE VOLUMEMBL/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
NYAN/USDT NEW INCREASE VOLUMENYAN/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
We are in a main market where panic is active.
When this coin can confirm we will follow it further for trend follow.
This update and all our updates are not trading advice, Trading can always be risky.
Let's hope the best trades for everyone❤️
FAKE BULL SEASON is OVER!As can be seen, the rising trend that took us from the bottom to the new ATH has been broken and according to the Fib levels, it does not appear that the decline will stop before 56K.
My guess is that the decline will stop temporarily at the minimum angle trend level, that is, 50K, but I do not think we will see a new ATH this year.
AUDIO/USDT NEW VOLUME RANGEAUDIO/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates start always with interest if there is a confirmation with follow, and if there is a building with hold for a time.
90% of coins this time are not building coins. some % shows also a start fake trend and return back where it did start. time frame confirmation + high levels building is important for a healthy coin.
We are in a main market where panic is active.
When this coin can confirm we will follow it further for trend follow.
This update and all our updates are not trading advice, Trading can always be risky.
Let's hope the best trades for everyone❤️
I found a wedge that ends around thanksgivingThis wedge would appear to indicate another trip to 56ish territory for this month, and up again from there. Whether it will rise up (or down) out of the wedge before Thanksgiving is the question. Anyone have evidence either direction?
XAUUSD 4/8/24This week in gold, we have the potential for another sell-off through trendline liquidity, as we’ve seen before. However, all price action is trending upwards, making this our main scenario. As shown on our chart, we have a liquid high that is close to the current price, with liquidity built up below the lows.
We know that on a high timeframe, we are strongly bullish. The price tested last week’s high and then fell significantly, indicating a potential pullback before the high is taken. Key points to note include the heavy sell-off from the supply area, leaving an untapped supply zone, and creating the first sell-side imbalance during the upward trend. This suggests a chance for price to hold and potentially drop below the trendline mark. If this occurs, we will look towards the demand area shown on the chart in red. We will monitor this area to see if it pushes the price back into the higher timeframe trade alignment or fails, leading to a sell-off and a change in our bias on the given timeframe.
If the bullish trend continues, we will monitor the supply area above the current price, expecting it to fail. If it does, we may see a new all-time high for gold. Overall, the price is bullish, so a fallback would be preferable if we aim to take buys from this price section.
Watch the trendline liquidity being created below the untapped supply area and the liquid high just above it. Also, if the trendline breaks, watch the demand area to see if it goes higher within our range.
Trade safely, stick to your risk management, and follow your plan.
GOLD - ATH Amid Middle East Unrest and Fed Rate Cut Signals Gold Futures Surge Amid Middle East Tensions and Fed Rate Cut Speculations
Gold futures soared to a new all-time high last week, driven by escalating tensions in the Middle East and increased expectations of a Federal Reserve rate cut. The geopolitical situation remains highly volatile, maintaining a bullish outlook for gold prices.
Technical Analysis: Gold
Current Outlook: Gold prices have stabilized within a bullish zone, currently targeting $2,475 with a potential correction towards $2,428.
Bullish Scenario: If gold remains stable above $2,428, the bullish trend may extend towards $2,466 and $2,475, with an ultimate aim for an all-time high (ATH) around $2,493.
Bearish Scenario: Conversely, stabilization below $2,420 could support a decline towards $2,397, and potentially further down to $2,378.
Key Levels:
- Pivot Line: $2,428
- Resistance Levels: $2,450, $2,475, $2,493
- *upport Levels: $2,428, $2,420, $2,397
Today's Expected Trading Range: Prices are anticipated to fluctuate between the support level at $2,428 and the resistance level at $2,493.
This advanced analysis considers the impact of geopolitical events and central bank policies on gold's market performance, reflecting both immediate trading opportunities and potential risks.
8.3.2024 Oil Weekend Pre Market AnalysisIt's the weekend. I like to go out to my larger charts and clean off the entire chart and start analyzing the instrument for next weeks trading.
We know that price is going to move up or down from where it currently is located, so we just need to make up a game plan to trade it..
Looking out at the 4 hour, 1 hour, and 15 minute charts for our trend and target analysis. Then dialing it down to the 3 minute or 15 minute to look for an entry!
WILL MAPO/USDT ENTER A NEW REALLY 2024MAPO showing today an interesting TA side view, which allows it to be the best in the top 500.
This chart is just a beta chart which means that it can go and not. nobody knows the future. it depends only on expecting that based on Data.
Are we going to see the new ATH coming for MAPO soon?
This is exactly what we are going to follow - one golden rule of trading; As long the trend is green and going your side follow it.
2 top coins that we have seen before had a good TA view and increased high
1. PEPE
2. BONK
will Mapo follow? Time will show
the increase chart based around on a 340% increase, which can take also time.
POPCAT/USDT NEW TREND PROCESSINGThis coin has seen the most breakdown from top coins in the least 24H
We have a view on it to check if its able to make a new start.
SHIBA BACK TO THE BLUE ZONEShiba seems on the low time frame to make a new increase trend with a high chance back to the blue box.
We \will follow \SHIB/USDT
IRIS/USDT READY FOR NEW HIGH TRENDThe latest data and study show IRIS has an interesting view as a new coin to make new highs soon.
We are going to follow this coin for new trends.
ZKJ/USDT NEW INCREASE VOLUMEThere are low coins that have a confirmation since the main breakdown trend is on the low time frame of BTC.
ZKJ is in the list of scans to check if it is able to have confirmation coming time frames
This update is just a scan update, which means not that this coin has now confirmation.
CVP CONFIMRATION ON TRENDas the first coin CVP showing a trend confirmation on the chart from high-top coins.
We will watch out for the coming second confirmation since this coin can become interesting
interesting to check out if this coin can add a new volume coming time frame which will allow the break.
This coin has private volume
XEC/USDT NEW INCREASE VOLUMEAfter the main market's downturn, XEC is showing a new rise in volume, which might continue in the upcoming time frames.
This is our first chart update to check if this coin's performance can be confirmed. If it is, we'll provide more updates.
We know XEC can rise with high volume when there is a positive trend.
Not every update will be confirmed and this update is a beta test update before the confirmation.
We will focus on XEC/USDT only after trend confirmation.
5% from here the confirmation could start
NEIRO/USDT NEW VOLUME TARGETNEIRO has seen a drop trend since least time.
We are checking the possibility for NEIRO to increase.
Ethereum 2nd Test on our demand zoneEthereum decided not to continue with the trend but to conduct a second test before the rally. This pattern is very natural when the market breaks a channel and seeks equilibrium points in demand zones.
Our plan remains in place. Remember that markets need to make pauses or retests before taking action. Additionally, we must consider that markets, in general, have been bearish—we are in a bear market. However, the points of interest I have marked are based on historical prices and significant liquidity, so we can expect aggressive movements once the price reaches the indicated zones.
Thank you for your support, and don't fear these bear markets; on the contrary, we should average in and take advantage of the opportunities they offer us.
Regards
Interesting graph of USD/UAHOf course, I have not traded the currency market much and I have no experience as such, but I can predict something purely based on the structures and how it happened, my analysis cannot be taken into account!
1) I can see a 5 wave structure and now the last wave of growth
2) There is so much negativity that the chart begins to slow down, a sign of trend weakness
3) As strange as this US election is, it looks like something is about to happen
In my opinion, there are 2 scenarios. First, we really form the 5th final wave and go through a correction to 20-25, which will give a positive result for 4-10 years, after which the upward movement will begin again. Second, the negative will become more and more and the rate will start to break above 50-54, which in my opinion is very critical and will stretch the uncertainty for years. In my opinion, the probability is as follows, the first - 70-75%, the second - 30-25%
BTC/USDT IS BITCOIN READY FOR A NEW HIGH TO 74KBTC did a great increase from the bottom trend to around 68K as we also made an update about it from the bottom 53k.
68K is an important key level.. the next confirmation is important for the 74K trend
BTC should hold the 65K for a healthy trend. if the trends get confirmed we could see soon
74K.
BTC can take time before entering the end target.
we will follow the trend to see if there are confirmations.
New updates will come by this chart link.
This update is not trading advice. Trading and investing can be risky.
ACE/USDT NEW INCREASE VOLUMEThe latest data shows that ACE might increase in volume after the market drop. We will keep watching to see if this coin can rise in the coming time.
We will monitor this coin to check for any confirmations.
Bitcoin - How low will it go?Looking at BTC on the daily chart, we see price is moving downward within this channel. Buyers are currently unable to make a sustained break through of the ~$62,000 resistance level.
If price continues its downward movement, I will be looking for opportunities within the marked potential buy zone.
If price breaks above the channel, I will wait for confirmation to go long for a short-term move upwards until further data is available.
What are your thoughts on Bitcoin?
COINBASE:BTCUSD
ULTI/USDT NEW INCREASE VOLUMEThe latest data shows that ultimight increase in volume after the market drop. We will keep watching to see if this coin can rise in the coming time.
We will monitor this coin to check for any confirmations.
