Dear traders! Bitcoin updated to a new high of $72,000 as sellers actively defended it amid a wave of corrections and sell-offs. But based on the setup and model I expect that after the correction and retest of the 34.89 EMA the price behavior will be consistent with our long-term buying strategy. It is expected that if the upward momentum continues, the increase...
Hello dear traders! On the previous 1D timeframe we can see the trend changed then the market entered a consolidation phase and reached 3851 USD. Market resistance continues to hold prices, but amid price compression and gradual approaches on growing base volumes. I expect that after the correction and in line with Fibonacci 0.618 and retesting the 34.89 EMA...
Hello, wonderful friends! What are your thoughts on SOLUSDT? From my analysis of the chart and personal perspective, I see SOLUSDT currently undergoing a correction after its previous strong rally. In the short term, I'm expecting to sell once the price establishes new highs within its accumulation phase. What do you think?
Dear traders! GU has been struggling to stay above the 1.2800 resistance level of late, with upside limited by the market focus shifting to key data releases from the US. Speaking of news: ISM Services PMI is forecast to move higher to 50.5 from 49.4. Better-than-expected PMI print could support USD and pressure GBP/USD. On the other hand, the USD could start to...
Bitcoin has consistently remained at the forefront of financial news and market discussions, with its price volatility attracting attention from both experienced traders and newcomers alike. Based on my personal technical analysis, I observe that factors driving the price increase are still present, with both the trend and EMA line favoring the Bullish...
Hello everyone! Let's recap the markets from last week and discuss our new plans for next week. In terms of new prospects: Kitco News' weekly gold survey results show that 60% of Wall Street experts expect gold prices to increase, 20% forecast a decrease and 20% think gold prices will go sideways. Overall last week, Gold prices were pressured by strong economic...
Hello fellow traders, Looking at our 4-hour chart today, it's clear that the upward momentum is gaining strength as the downward trendline has been broken and the coin is forming several significant new support levels. I am optimistic and have high expectations for the bullish trend today and in the near future, supported by the EMA 34 and 89 signals. What about...
Traders! As mentioned earlier BTC has confirmed the Bull Wave breaking out of the downtrend resistance and the classic wedge pattern, hence we are waiting for Long BTC's next target of $75,000 for a big strike. The 2% Rule for Risk Management Good luck!
Dear traders! USDJPY Broke the rising channel support Find and pull back to the point The best short order entry would be the structure if there is no pullback, Use a momentum trading strategy look inside the bar or trade the breakout. Targets would be 153.65 and 152.20 at the least. Good luck
Greetings to investors and those interested in the gold market, The gold market has experienced some notable fluctuations recently, influenced by factors such as the global economic situation, inflation, and volatility in the financial markets. The world gold price today has generally increased by 0.10% in the past 24 hours, equivalent to an increase of 2.42...
Dear traders! BTCUSD is ready to buy the breakout, with huge buying pressure at around 70,000 USD after the breakout and holding the price until now. Accordingly, the classic cup-with-handle pattern holding the price has been confirmed, theoretically the price will quickly break the resistance level of 72,000 USD and strengthen further. Therefore, we can LONG BTC...
Dear traders! EURUSD is trading in an uptrend and the pair just broke an important horizontal level. The price base is bullish but in the context of forming a peak at 1.0916. Conan personally expects this pair to drop to the 0.618 Fibonacci zone, which is 1.0882, to accumulate liquidity to retest the 34.89 EMA level before rising again with the final target of at...
Dear traders! GBPUSD is trading on an uptrend base that remains steady above the 1.2700 breakout zone. With the above high level remaining, it is likely that resistance will be set as the next target in the short term, but in the medium to long term it is likely that the 1.2864 resistance area will be followed by a The correction aims to accumulate liquidity...
Dear traders! Closing the June 4 trading session, the world spot gold price decreased by 24 USD, to 2,326 USD. Yesterday's developments erased the gains of the first session of the week. The market went down despite yesterday's decline in US stocks. In the context of the Dollar Index closing on June 4, it increased 0.1%. The rising US dollar makes gold expensive...
Dear traders! BTCUSD breaks Trendline and now retests the $69,000 support zone This is the classic model And now I'm waiting Long BTCUSD and aim for 72,000 USD at least and if this happens it is likely that the bulls will make a bigger attack to the high mark of 80,000 USD! 2% rule for risk management Wish lucky!
Dear traders! EURUSD demonstrated its immense buying power with a spectacular breakout from the sideways resistance mentioned on the chart. Looking ahead, the initial recovery in some economic fundamentals in the Eurozone, coupled with the loss of momentum in the US economy, further reinforces the narrowing of the gap between monetary policy of the Fed and ECB...
Dear traders! BINANCE:XRPUSDT From the chart, the Trendline breaks clearly on the chart after the accumulation phase and forms the 1H engulfing candle. Look for long positions now up to the 0.5410 and 0.5571 levels at least. Good luck to all of you.
Dear traders! On the 1D timeframe we can easily see that the gold market is in a strong upward wave on a parallel channel. Accordingly, this Article generally determines our medium-term outlook. What we want to do here is enter a long 2x or 3x long position over the next few years. The 2% rule for risk management. Good luck with your trading.