Sober_Trading

Sober_Trading Updated 

OANDA:XAUUSD is oscillating in a trading range, forming an ascending channel. It is currently consolidating over a key support zone, presenting a good opportunity to buy with a logical stop-loss. The bullish momentum could drive XAUUSD towards the $2700 mark again.

Sober_Trading Updated 

While some signals indicate buy opportunities on the dollar index, I remain skeptical. As mentioned in our 4H analysis, the third bullish leg has been completed, and I expect a deeper correction in CAPITALCOM:DXY . In the 1H time frame, we can observe that the second reaction to the support zone is significantly weaker than the first. This could indicate a...

Sober_Trading Updated 

Following the USA election, the crypto market experienced a significant rally, seemingly pricing in expectations around the Inauguration of Donald Trump. As the market has likely anticipated much of the impact from potential upcoming policies, we could see oscillations between sharp rises and falls in the coming days. A downward correction appears more probable as...

Sober_Trading Updated 

BINANCE:BTCUSDT has been consolidating in a trading range for the past two days. As seen on the heat map, the price hunted liquidity below the range, making a strong case for a reversal. Now, BTC could target the liquidity above the trading range, which is spread across two key zones. This setup indicates a bullish opportunity as the market moves toward these...

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The FX:USDCAD pair fell sharply after news of Canada responding to potential US tariff changes under Donald Trump. It has now reached the bottom of the trading range on the 4H timeframe. 💡 Key Strategy: Wait for breakout confirmations or enter on a pullback. Avoid rushing in; price action confirmations are essential for entries! Patience and strategy always...

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🚀 BINANCE:LINKUSDT Price Analysis 🌟 Weekly Time Frame: LINK has shown consistent growth after breaking out and consolidating above key zones. Now, it’s consolidating over a crucial support zone, signaling potential for a strong upward move. Daily Time Frame: Liquidity under $20 has been hunted, setting the stage for a potential bullish flag breakout. 4-Hour...

Sober_Trading Updated 

As BINANCE:BTCUSDT approached the $100K resistance zone, bullish momentum faded, leading to a breakdown below the ascending channel support trendline. Currently, BTC is forming a bearish flag, with favorable liquidity under the minor support zone. This suggests a potential drop toward the GETTEX:97K zone, aligning with the next key support area.

Sober_Trading Updated 

The current low market volume is typical during the Christmas and New Year holiday period, as institutional players and many retail traders reduce activity. This reduction in liquidity often leads to lower volatility and smaller price movements. In this scenario, BINANCE:BTCUSDT appears to be consolidating within a well-defined range, as highlighted by the...

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Bitcoin has formed a bearish descending channel following a sharp bearish spike, indicating continued downward momentum. Currently, the price is showing signs of recovery and may rise towards the channel base around the $97,000 resistance zone. This resistance zone, marked by previous rejections and high selling pressure, is a critical area to monitor. It offers...

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Technical Analysis: BINANCE:LPTUSDT has recently shown significant bullish momentum, marked by high trading volumes and a strong upward movement. The $10 level has acted as a robust support zone, providing a reliable stop-loss point for spot buyers. Based on these technical indicators, there is a strong expectation that LPT will break through the $24...

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Technical Perspective: BINANCE:MOVEUSDT has successfully broken through a significant resistance zone, a bullish indicator of strong upward momentum. Following this breakout, the price has entered a consolidation phase above the previous resistance, effectively turning it into a robust support zone. This price action indicates accumulation and provides a solid...

Sober_Trading Updated 

In the 4H time frame, OANDA:XAUUSD remains bearish. After breaking the support trend line and consolidating below it, further declines are anticipated. Liquidity above Friday’s high has been hunted, signaling a potential start of a bearish move from this zone. 📉 TVC:GOLD

Sober_Trading

This could be a promising opportunity to buy Bitcoin. The ascending channel remains intact, and we might see a rise to at least the $102K pivot zone or beyond. A strong setup for a buy position! BINANCE:BTCUSDT

Sober_Trading Updated 

RSI divergence at the top of the ascending channel hints BINANCE:BTCUSDT may hunt liquidity at lower levels before tomorrow’s FOMC news. BITSTAMP:BTCUSD

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In this falling wave, BTC has made a slight correction, presenting a great chance for a quick sell. I'm targeting a swift drop. Stay tuned for updates! 🎯💹

Sober_Trading

OANDA:XAUUSD has shown three falling legs, with bearish momentum weakening each time. The $2630 zone acts as strong support, signaling a potential pump toward $2640 and beyond. A good opportunity to BUY before the FOMC meeting! 🚀

Sober_Trading Updated 

After breaking the bearish flag and completing a pullback, Gold can fall further. Targets are below $2640. Check the previous idea – spot on! Stick to this setup for the next leg down! 📉 OANDA:XAUUSD

Sober_Trading

OANDA:XAUUSD hunted significant liquidity above $2720 yesterday and has since shown strong bearish momentum. The recent consolidation phase has now broken to the downside, presenting an ideal selling opportunity for the next leg lower. Stay alert!