Major cryptocurrencies face a huge options expiration event on the last day of 2021; therefore, expect high volatility in the days to come. BTCUSD price will be affected by liquidity in the coming days. Some investors may have bet that the main stop-loss levels for shorts are at $48,000 and $44,000, and I think it would be undesirable and unwise to set stops if...
Market investors bought and gradually pushed prices higher. Prices maintain strong momentum in the short term. My analysis begins with this chart, so please note my logic and thought process.
After forming a full 5 wave upward, XAUUSD price is likely to retrace and the closing price for 2021 will be produced in the grey zone. This year's trading performance is satisfactory and we are looking forward to even greater gains next year.
Most asset prices around the world have changed significantly recently due to nervous market sentiment caused by the fact that the Fed will accelerate rate hikes. the fundamentals of ETHUSD have not been hit too hard and I think ETHUSD price will stay within the gray range and not climb in the short term. I have set up a trading plan in the charts based on...
People need to keep an eye on whether the conflict between Russia and NATO will escalate. Now that oil prices have reacted to the event, it is expected that oil and gold prices will be affected, market investors become extremely sensitive and price movements will accelerate as a result. So do you think prices will move down or up?
The mechanical shark is moving up to devour everything.
We need to determine whether the price of EURUSD will be supported by the green zone and then the price will form higher lows. If the price moves from A to B then the trade pattern will be activated and confirmed by me. In the larger time frame, the price situation is not ideal, but I think that in the short term the price has the potential to rebound and can go...
Gold's volatility and price direction have historically had a positive correlation, with volatility in this area tending to move higher as the underlying price rises. To track gold volatility, I recommend that investors and traders add the Chicago Board Options Exchange Gold Volatility Index (GVZ) to their watch list, which is effectively the "VIX for gold". At...
1) Sell the call option 2) Sell NVDA stock at the first resistance levels
The BTCUSD price is stagnant between $45,000 and $50,000 and the price has been consolidating for some time. When will it break out of this sideways movement? When the calm is broken, I think there is a high probability that the price will move in the direction indicated by my chart.
1st price range: $1748-1833 2nd price range: $1760-1815 3rd price range: $1778-1795
After the price tested the $1790-1795 resistance level, the bulls seem to have given up the fight and are unable to push the price up to test the second resistance. So you can see that the price is gradually falling and my view is changing from cautiously bearish to strongly bearish. If you have the same idea as me, you need to pay attention to the stop-loss level...
While gold and silver enjoy a reputation as inflation hedges, soaring energy prices and positive employment data have put higher than previously expected pressure on central banks to raise interest rates, thus hindering gold's ability to climb. With the market now anticipating the possibility of about 3 rate hikes next year, making investors generally believe that...
During the sideways price consolidation phase, two different voices emerge in the market, each speaking for one side. The funny thing is. Now the price action does not make a choice on the direction of movement because of their arguments. There needs to be enough time at the trading table for the player to press his bets.
In the future, it is likely to face further declines if the XAUUSD price fails to stay above $1770. My charts show that the bears have an overwhelming advantage. Given gold's sensitivity to inflation expectations and Fed rate hike bets, the US November non-farm payrolls report due later this week could provide the next directional cue for prices. The "gold" that...
Investors are reassessing the impact of the virus mutation, and the shift in market sentiment from concern to optimism (not caution) can be felt in the rally in the broader U.S. market index. So compared to the previous high stock price, the $280-290 price was enough to attract investors to enter, leading to a rapid pull up in the stock price. Looking ahead,...
The overall price tone and trend are still negative in the short term. If the XAUUSD price cannot enter the state soon, then it is looking for a lower level breakout. At present, the price has fallen and tested $1770 many times. The chart shows that the price has not collapsed and rebounded to a certain extent, but it is still below the first resistance level...
Ethereum capitalization spike Ethereum dominance on the market has been continuously moving up as the year passes by gaining 11% market dominance since January. It totals 22% at press time. The main reasons for Ethereum's growth were an NFT rally in the middle of the year, implementation of the fee-burning mechanism and the overall rise of DeFi solutions. With...