News - High probability that crypto is heading for a 10-20 year winter bear market. (Source: X) - Satoshi Nakamoto (creator of Bitcoin) is an unfriendly alien species (extraterrestrial beings) that lives outside of planet Earth. The Bitcoin was created to enslave humanity. (Source: X) - There is an infinite amount of Bitcoin as the code can be changed. Bitcoin...
Bitcoin started to rise after the announcement of the Unemployment Claims rate and Putin's signing of the crypto mining law . However, the factors I mentioned in the post below can still cause Bitcoin to decrease.👇 Bitcoin is moving in the Resistance zone($60,800-$56,700) and near 50_SMA(Daily) and 200_SMA(Daily) . According to Elliott Wave theory...
BTC SHORT TRADING PLAN The price pull back 0.618 zone, which is also the supply zone on daily chart SELL BTC/USD SL: above 63000 TP1: 57800 TP2: 50000 GOOD LUCK!
BINANCE:BTCUSD has been in consolidation for 5 months. The price makes another retest of the 70K resistance, but due to several reasons failed to pass this area. A correction inside the FLAG is forming From 70K resistance another correction to 64K has started. The reason for this is strong bullish sentiment after the US allowed bitcoin as a reserve asset....
AMEX:SPY August 9, 2024 15 Minutes Opened gap up. Second bar close was good. Near top of bar and going below low of first bar. So bought around 524 for 528.5. trade over. Now AMEX:SPY above all averages except 200 in 15 minutes. So, for the day considering the rise from 518.05 to 531.3, holding 523 524 levels i have a target 532.5 to 535. If you draw...
FX:XAUUSD is still trading inside the flat 2420 - 2370 forming a symmetrical triangle. Traders continue to struggle for the area of 2400. News ahead... I understand that you don't like it when there is no clear direction on the chart, but there are nuances here and in some cases you need to have both bullish and bearish scenarios. Let's break it down... On...
if analyzing based solely on time and location, then if ethereum is able to sustain and hold its valuation above approx $2K, then there is potential for a measured move to play out with a conservative target at approx 15K. If there is a tail whip blow off top, then the measurement can exceed higher based on fib expansion towards approx 28-33K. if hypothetically...
The fall of stock markets and the crypto market on 📉"Red Monday" 05.08 was called the most painful since the beginning of the Covid-19 period in March 2020. Who we are to argue with "analysts and giants of financial thought"?) We have copied the fractal of OKX:BTCUSDT price behavior since March 2020 and applied it to the current situation. 😱 And it's a...
The structure will be going up as well! Let's keep on checking those margin regions!
Time and price analysis of BCHUSD is indicated on the chart.
After this harsh and drawn out correction of many of my major holdings I have updated the fibs for the next setups. If BTC can maintain above 59.5k or NVDA can start to pick up steam again I expect this to play out in the next 3 -7 weeks. RNDR likes to really move when the market pivtots and I love the fact that two candle bodies closed above that red fib. -I did...
INJ like RNDR is looking to jump over 50% in the coming 3-7 weeks if BTC can maintain a bullish posture. This looks like a huge move but remember people were able to get into a strong token at a massive discount here. I did sell 15% of my position when I luckily called the top a few months ago. -The next decision is when do I unstake 50% of my remaining...
4 months ago, all those who chose the 🔴 "red pill" 💊 were right. OKX:AVAXUSDT price has dropped to the buying zone of $18.7-23.7 So, if you believe in #Avalanche project, the CRYPTOCAP:AVAX price now is "tasty" with the prospect of growth at least x2 by the end of the year. _____________________ Did you like our analysis? Leave a comment, like, and...
A simple Sell strategy at the 0.75 Fib levels. The expectation is a simple 1:3 RR and will start trailing my SL to BE when I reach 1:1
Gold market fundamentals: Affected by this week's US economic data, according to the CME FedWatch Tool, the market currently has a 55.5% probability of the Federal Reserve cutting interest rates by 50 basis points in September, down from the previous 70%. The increase in geopolitical risks in the Middle East has led to an increase in safe-haven demand (it is not...
The formation of this pattern begins as prices fluctuate between higher highs and lower lows, with each price swing being larger than the previous one, thus creating a megaphone shape. Based on current performance, for me BTC going to create another ATH again in few more week
Pada chart dapat dilihat telah terjadi penerobosan swing low D1 yang menandakan trend berubah arah. saat ini terjadi retraksi sistematis dengan harga yang semakin meningkat. berdasarkan penarikan garis fibonacci, disesuaikan dengan konfluens supply dan demand di Timeframe H4 dan H1 ditambah dengan adanya FVG di timeframe D1. semuanya mengarah pada titik penjualan...
NVDA finally giving a pullback , you can play puts carefully here, as you know, any tiny AI chip deal news can rocket this again. Target #1 117 Target #2 112 Target #3 103, mostly unlikely