Bitcoin is currently moving in the Support zone($55,780-$54,550) near the Support lines and 100_SMA(4H-TF) . According to Elliott's wave theory , Bitcoin is completing microwave 5 of the main wave 5 . Also, Regular Divergence (RD+) between Consecutive Valleys . I expect Bitcoin to rise to at least $59,000 after breaking the Resistance line . ...
AMEX:SPY September 18, 2024 15 Minutes AMEX:SPY managed to make an ATH at 566.57. Now for the rise 539.95 to 566.57 it is important to hold 560. Below that weakness can be seen for a target 554 +-1 levels. So shorting is not worth. If AMEX:SPY manages to hold 563-566 levels, we can see 574 +- as a target for the longs. A retracement is on cards due to...
FX:XAUUSD is consolidating between 2588 - 2562. But, buyers are not yet out of the game in the hope of continued growth. Then everything depends on the Fed. Welcome to the casino :) At 18:30 the FOMC & FED will meet to decide whether to cut rates. 0.25% or 0.5%. A 0.5% Fed rate cut could send a mixed signal about the state of the US economy: the Fed's...
🚨EURUSD Price Analysis Ahead of Powell's speech These are the two possible scenarios I am expecting from the FED. I don't think that the FED is going to kill USD today. Probably the price may rise up and down but EURUSD likely may face a strong resistance between 1.1200 - 1.1270 However this is only an assumption because Powell has the last word and we can...
In my current analysis of the Ethereum/USDT daily chart, I observe several technical indicators and chart patterns that influence my trading strategy. As of the latest data, Ethereum is trading at approximately $2,351.80, reflecting a positive change of 2.44% on the day. The chart reveals Ethereum is navigating within a downward trend channel, highlighted by the...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈After breaking above the $2,500 mark, Gold has been bullish trading within the rising red channel. Currently, Gold is in a correction phase. Moreover, the $2,475 - $2,500 is a strong support zone. 🏹 Thus, the highlighted red circle is a strong area to look for buy setups...
FX:EURUSD is testing the resistance of the local correction, and instead of the expected rebound, I am waiting for an attempt of a breakout with the aim of further growth to 1.12757 on the background of the expected fall of the dollar.... There is important news ahead that traders have been waiting for months. A rate cut. And the question is no longer...
👉The Ethereum Price Sitting Above The Crucial Trend Line And Also There Is a Important Resistance Area At 2400$ 📈Expect a Bounce From Here And Breakout The 2400$ PRZ Toward a 2675$ And 2800$ Target Areas
Hello,Traders! AUD-NZD is going up now And we are seeing a bullish Breakout so we are bullish Biased now and we will be Expecting a further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Two months ago, we anticipated a pullback to wave (2), and after a brief pump, we saw an immediate sell-off. The fascinating part? Amazon dropped 25% and reversed almost perfectly on the long-held trendline, which hasn’t been adjusted. It's incredible how simple technicals can sometimes work so well. We've now pushed back into the $183-190 range. This could be a...
GOLD broke the key Horizontal level of 2577.84 And the breakout is confirmed So we are locally bearish Biased and as Because is Going up to retest the New resistance from where We will be expecting a Local move down !
BUY ABOVE - 52200 SL - 51990 TARGETS - 52400,52620,52800 SELL BELOW - 51990 SL - 52200 TARGETS - 51820,51670,51530 NO TRADE ZONE - 51990 to 52200 Previous Day High - 52200 Previous Day Low - 51990 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Dear colleagues, I believe that the upward movement in the impulse of the five-wave structure has begun. At the moment I believe that wave “1” has either completed or is being completed. In the first case, I expect a corrective movement in wave “2”. Wave “2” is indicated by the 50% Fibonacci level. This is the area of 2533. But the main direction is still...
The predictions are: 1. There will be a surge for TSLA stock price in short term due to interest rate cuts As a high-tech company which relays relatively heavier on borrowing moneys for research and development, it is believed that TSLA will be beneficial from interest rate cuts. Target Price Rage: 340 - 420 2. TSLA stock price will finally drop due to...
internal diagonal resistance is compromised. A push above @19 750, would be good enough to give us a clear buy setup just above our resistance going towards 20 750 to test the nearest diagonal and horizontal resistance + create a Higher high.
🔥 The BTC Price Exactly Followed My Prediction Before FOMC Meeting But The Question Is Why I Closed My Long At 60300$ Area?! 👉 For My Self Breakout From 61300$ Was a Bullish Confirmation But The Price Was Not Able To Breakout From This Level And BITCOIN Shows a Weakness And Rejected From 61300$ So I Changed My Plan And At This Update I Wanna Talk About It 📉...
Dear colleagues, in the last forecast I counted on the fact that wave “2” is completed, but now it is clear that it is not. I think that the price will complete wave “2” in the area of 100% - 161.8% Fibonacci extension levels. This is the range of 1.09788 - 1.08690. But from here I hope to see the beginning of the upward movement in wave “3”, because I still want...
Dear colleagues, after analyzing bitcoin I came to the conclusion that the price is in an upward impulse, but the correction “2” is not yet completed or almost completed. I believe that after reaching the area of 56398 the price will again rush in an upward movement with the goal of reaching the area of 64879 in wave “3”. Manage your capital correctly and...