MoveFX

MoveFX

I am buying the US Dollar. We see buyers pushing prices higher and prices making a pullback retesting a potential level of importance. Fundamentally: Today the US GDP Growth Rate was released; the US Economy grew by 2.9% in the third quarter. This shows improvement in consumer and business spending. This report could push the US dollar higher.

MoveFX

Price has just been pushed beneath the trendline. We see a perfect break and retest. Will sellers push beneath the lows of $1.19580=$1.19460?!

MoveFX

We could see a reversal from the previous intraday supply price level of $0.0945836. I am speculating for a sell trade. My entry will be at $0.0877817. My exit would be placed at $0.0919952. I have no profit target. Risk Mood: Conservative!

MoveFX

At the 4HR timeframe, we could see a descending triangle market pattern. Could sellers push prices downwards from the descending triangle trendline resistance?🤔 or will buyers push prices higher trapping some traders that placed their stop-loss above the trendline resistance?!🤔🤔 I will be watching for a reversal signal for opening a short trade... Meanwhile if...

MoveFX

I am taking a long trade because the price made a correction to retest a potential HH zone; bullish continuation

MoveFX

I took a trade on Dogecoin, and my exit was $0.09036. I have no profit target, but I will watch out for $0.06500.

MoveFX

I shared this trade on my channel earlier. I am glad sellers is actually pushing beneath... The trade I shared last night has been triggered. Sellers pushed beneath further down the neckline. I advise trade position should be monitored closely and always trail your stop loss to secure profits😊

MoveFX

Sellers pushed off the major resistance/supply zone ($94.111=$93.419) at the 4hr timeframe. A perfect break and retest pattern were also created by sellers pushing below the trendline support. We can see a drawn intraday support level on which the price rests. If sellers should push prices beneath the intraday support zone, then I speculate taking a sell trade. My...

MoveFX

In the above chart, we could price in a consolidation structure. Price is in an ascending triangle structure after a sharp selloff. Will buyers take control or there would be more sharp selloff to the downside? We have seen sharp selloff across all major crypto assets because of the big crypto exchange FTX bankruptcy and liquidation. This made all investors scared...

MoveFX

Dogecoin sold off and all other leading crypto assets sold off as well. Binance opt-out from the business transaction to acquire FTX. FTX dropped in a matter of days and has started chapter 11 bankruptcy proceedings. At the above timeframe(DOGECOIN) we could price made a bullish retracement to $0.092 price continued to sell off. If we later see sellers advancing...

MoveFX

Hello, guys! 😊🤑 My speculation on DOGECOIN was positive. Sellers pushed the price beneath the neckline price of 0.11500. This is amazing! We have made lots of profits from this. There's has been lots of selloffs across all crypto assets because of the news around Binance's potential takeover of rival exchange FTX. Binance CEO announced on Tuesday that his firm was...

MoveFX

We could see the price plummeted from the high 0.1500 level. Dogecoin had a bull run after Elon Musk's acquisition of Twitter. Presently, in the above chart, we can see buyers closing their positions. Where is the afterward price direction? At the 4HR timeframe, there's a head and shoulder pattern structure. Could sellers push the price beneath the price neckline...

MoveFX

4HR BTCUSD ; Price looks to be merging in a falling channel market structure. Will there be a breakout from the channel? Could we see buyers pushing prices past $21000?

MoveFX

The Bank of England hiked interest rates by 75bps in their today's meeting. The current interest rate is 3.00%; the previous rate was 2,25% BOE Governor, Andrew Bailey warned of a looming recession. The Governor's speech sounded dovish today during his press conference and led to the Pound's decline against the US Dollar. I expect to see some further losses in...

MoveFX

Elon Musk purchase of twitter led to a massive bullish gain in Dogecoin. Tesla uses dogecoin as a payment option. Investors are optimistic about seeing Dogecoin be part of the new age of Twitter development. Elon Musk also loves the "everything app" feature just like WeChat where users could do a lot in the social platform like trading and making payments. At...

MoveFX

BTCUSD 4HR: We could expect a pullback to $20400/$20500 (broken intraday resistance level); a break and retest pattern.

MoveFX

Tuesday, we all saw some sharp bullish gains in Bitcoin and Ethereum. For the first time in weeks, the crypto market did well for itself, adding over $40 billion to market capitalization within 24 hours. The Chairman of CFTC declared Bitcoin and Ethereum as commodities. Will buyers push prices above $20400?

MoveFX

At the 4HR timeframe, I am speculating on a sell. I am interested in shorting; buying the US Dollar. Most likely, there could be a decline in price down to $1.0520. We have to watch out for important economic news and data release from the United Kingdom. There have been lots of negative political reactions toward the newly elected Prime Minister Liz Truss....