Hi folks, 🔺We are witnessing or about to witness the peak of interest rates by the Fed, but it seems too early to say the same for the EU. 🔺Although EURUSD briefly dipped below the regression trend, it managed to bounce back above it. 🔺A bottom formation has formed on the 4-hour RSI, and as the closing prices go above 50 points, it is expected to gain momentum...
Hi folks, We're going to talk about trade cycles today. I hope you love learning! The strongest power is knowledge! We'll be stronger together! In economics, a trade cycle is a pattern of economic activity that repeats itself over time. It is often characterized by periods of expansion, followed by periods of contraction. The trade cycle can be caused by a...
Hi folks, ETHUSDT 1D Chart ✒️1710 STOP ✒️Red Bearish Trend resistance (both rsi and candles) ✒️Above 1710 still bullish. We can expect fib levels. ✒️Below 1710 bearish ✒️MA50 --> 1851 is strong resistance ✒️MA200 --> 1619 will be the next support. ✒️Max Pain Level --> 1350 - 1450
Hi folks, Let's look at what Render Token is 🏳️Render Token is a project token focused on blockchain technology and cryptocurrencies. Render Token (RNDR) is an ERC-20 token developed and distributed by a company called OTOY. 🏳️Render Token serves as a payment unit for the distribution of 3D graphics, virtual reality experiences, and cloud-based computing...
Hi folk, I'm trying to help you to develop your point of view with both technical and fundamental data regarding Ethereum (Little King of da ALTS) 👑👑 📌It took 221 days to find the bottom with approximately %80 down from the top. 📌When we look at Fib Retracement Levels --> We are still in the bottom zone. I've consciously chosen the term "ZONE". 📌Let's use...
Hello everyone, I am here with another informative content for the weekend. I hope I can continue this series without breaking it. Let's take a look at what "VOLATILITY" is, which we have all heard of and found difficult to pronounce (at least for me), and how it can affect a product if it is low or high. VOLATILITY 📌 Volatility is a crucial concept in...
Bitcoin 4H Chart Hi folks, 📌Bitcoin, which peaked at 31K, has experienced a decrease of approximately 8%. As of now, it is trading at 28850 USDT. 📌28800 is a strong support and a healthy correction is expected as long as it doesn't close below this level. 📌29339 is an important resistance that needs to be regained in the short term (last bullish Fib 0.5). 📌There...
Hi folks, 🎯In this content, we will explore the Bitcoin Pi Cycle Top Indicator and how it can be used. 🎯The Pi Cycle Top Indicator has historically been effective in picking out the timing of market cycle highs to within 3 days. It uses the 111 day moving average (111DMA) and a newly created multiple of the 350-day moving average, the 350DMA x 2. Note: The...
Hi everyone, Today, I am here with informative content. Let me start by saying that it will be a bit long, but let's learn what "Recession" means in detail. 🚩Recession can be defined as an economic downturn period. It is generally characterized by a decline in the gross domestic product (GDP) of a country in one or more quarters. Recession is associated with a...
TSLA 1W Chart -If the same triangle pattern occurs and we can see 1300-1400 in long term (Q2 2023 and later) -As we all know recession is on the table and if FED increase rates more than expected we can find TSLA less than 500 by the end of the year. Technical Datas -Short term accumulation zone --> 590 - 656 -Long term Pivot --> 656 (If we see weekly...