BTC rebounded to the 69600-70000 range I predicted, and it did fall, but it did not fall below the 69130 resistance level. It is currently in the rebound and rising stage. Since the current BTC general trend is still rising, and the price has just shown signs of stopping the decline and rising, it is likely to break through the 69840 resistance level. If the price...
Greetings, fellow traders and gold enthusiasts! Join Rena in exploring the gold price (XAU/USD) trend predictions for today! Currently, gold is hovering around the $2,320 USD/ounce mark, following a dip triggered by China's announcement to halt its national gold reserve accumulation. Today's trend might lean towards a decline due to the strength of the USD and...
Make sure you prepare for this huge historical bullish trap on Bitcoin. Why? First, look at the price action. We have a bullish flag, that's what everyone sees. The market makers count every cent on their accounts, and this is a pretty good opportunity for them to make a lot of money by trapping retail traders. What will a typical retail trader do in this...
The current situation: On June 11, 2024, gold price is trading around the psychological level of 2300 USD/ounce, increasing significantly compared to the previous closing. This increase takes place in the context of weakds of the dollar and the yield of bonds decreases slightly. Impact factors: -Global monetary and economic policy: Investors are expecting...
Dear traders! Just like my previous expectation, EURUSD, after being rejected at the 1.0732 support zone and the bulls tried to hold on, the price has recovered with a corrective trend. According to the Fibonacci tool from Trading View, it is expected that if the momentum increases, the next EU recovery points will be 0.618 (i.e. 1.0802) and 0.5 (i.e. 1.0824) and...
Hello, my friends! What do you think we should do with gold today—buy or sell? From a short-term perspective, the precious metal seems to be consolidating around the psychological level of $2,300. Although the immediate outlook remains uncertain, the narrowing Bollinger Bands suggest that gold is gearing up for some movement in the near future. In my analysis,...
Dear traders! Overall, BTCUSDT is still moving sideways in a consolidation zone on the 4-hour chart around the 72,000 - 67,000 area. The short-term correction continues to form. The price broke above the 69,200 support level and is now on track to test the new support zone at 67,200. But at the same time, a falling wedge is forming that will theoretically break...
Dear traders! Gold's consolidation continues to build and gain some positive traction on the first day of the new week and partially reverse Friday's post-NFP decline to the $2,287-$2,286 area, or above lowest in a month. However, gains remain limited due to the strengthening US dollar, which tends to weaken demand for USD-denominated goods. In the short term,...
Dear traders! A classic bearish breakout has formed from the $72,000 resistance after failing to break above the local $74,000 resistance as expected earlier. And there is a huge selling pressure around the $68,385 level (as observed on the H1 timeframe) and if the decline continues without a broken channel resistance, the bears could target $56,000. But in the...
Hey Everyone, Great start to the week with a perfect continuation of our 4H chart idea that we have been tracking. Last update price was testing the swing range and we were expecting a reaction in this range. - This played out perfectly with the perfect swing action straight into 2313 completing the gap and swing. We will now wait for ema5 to lock above...
Hello everyone, What are your thoughts on BTCUSDT at the moment? Currently, BTCUSDT is trading around the $68,300 mark. I expect it might test the $67,000 level soon, as it's moving under a short-term descending trendline on the 4-hour chart. What about you? How do you see BTCUSDT's movement? Share your thoughts in the comments below, and let's discuss!
FX:XAUUSD is testing trend resistance. The struggle continues, but on the background of strong dollar the price can test the minimum or even update it. The news is coming and the market may go flat. GOLD is testing the strong resistance area 2304 as well as the pullback level 2314.7, forming a new key resistance within the correction. The technical and...
Hello everyone, gold has shown signs of slight recovery after experiencing a $100 drop last Friday, with yesterday marking a pause and showing slight signs of recovery at the previous bottom of 2285. Regarding news: today, there are few news coming from the UK, directly impacting products with the Pound. For now, it's advisable to maintain the Sell order at...
Bitcoin 1.2B of Oi is trapped. How WHALES WOULD TRADE IT? iN A VIDEO I SHARED MY IDEA ABOUT btc and how i plan to trade it Price at this moment is in middle of local range - i prefer to take a trade after Clear SL hunts and squeezing. Becasue those trapped trades should be liquidated
Dear traders! After suffering the strongest sell-off in nearly four years due to stronger-than-expected US employment data, world gold prices remained stable at the beginning of the week, while investors awaited the monetary policy meeting. currency of the US Federal Reserve (Fed) this week to further clarify the future policy direction of the US Central...
In recent trading sessions, the Japanese Yen has seen a strong increase in value against the US Dollar, partly due to concerns about the global economic situation and market sentiment. This increase reflects a safe-haven search from investors. From a technical standpoint, the 50-day moving average (MA) is trending below the 200-day MA, forming a "death cross," a...
End of day update from us here at KOG: In the KOG Report we said we would be looking for one of the support level to hold and we would like to long into the levels above. We got a nice trade earlier from the lower support level and then we took another long on the second confirmation giving us a blinding start to the week in Camelot. Well done if you...
TCUSD Trading Idea Today, BTCUSD is trading around $67,600. In the short term, we've seen this pair drop over $1,800, losing about 2.61% for the day. Observing the market, it appears that BTCUSD is forming a double top pattern, as we've analyzed. If this pattern continues, there’s a strong possibility that BTCUSD could retest the support level at $62,000. What...