Hello, FX:GBPUSD is likely to experience significant upside from this point, with the 1-year pivot point acting as support. While the pair remains mostly bearish, buyers are entering the market and anticipating further gains. The current conditions appear favorable for an upward move. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
Rejected +/- 4 times daily open (not having strength to reach it), + rejected NY High. From JPY 98.00 - 96.900\800 To try and recover the 2 imbalanced candles on the 15M TF Note: Risky Trade as RSI is also on the 50% line I am thinking that the mean reversion is in play. IMO, not financial advise.
lost the key level of support, if you are long please watch out for these levels highly likely that we will see rejection
? Bitcoin Dominance Update ? Currently sitting at 58.69%, Bitcoin dominance has reached a critical confluence of horizontal and trendline resistance. ? Key Observations: - Dominance retraced precisely to the Golden Ratio (0.618 Fibonacci) level. - This area marks a potential reversal zone. ? What This Means: A decline in Bitcoin dominance could signal the much-anticipated altcoin season as capital flows out of BTC into altcoins. ?️ Key Levels to Watch: - A breakdown from this resistance could lead to massive altcoin pumps. - On the flip side, a breakout above this resistance could invalidate this setup. ? Keep your eyes on this setup, and let’s prepare for potential opportunities in the altcoin market. ? ? Follow for more trade ideas and market insights! BitcoinDominance Altcoins CryptoTrading AltSeason BTC
Solana's long-term buy zone has been activated. This activation is happening culminating four weeks of bearish action. The chart looks good. There is room for lower prices and the test of EMA55 as support. Looking at the weekly volume, it is likely that a resumption of the bullish wave goes next. But there is still possibility for lower. The probabilities are higher for a resumption of the bullish wave rather than the continuation of the correction. The retrace turned into a correction. The correction opens the doors for new buying at reasonable prices. The correction creates a new LONG opportunity. We are going LONG on SOLUSDT now with high leverage. The dynamics for the upcoming wave should be the same as the previous one. Several months greens followed by another retrace and then additional growth. We are set to experience long-term growth. We are already within this long-term growth phase. Solana has been growing since December 2022. Short-term, Solana has been growing since August 2024. Higher highs and higher lows. This trend is set to continue for an undefined length of time. Are you bullish on Crypto? If yes, you are smart. If no... Huuuhhh, I don't know. I am wishing you tons of success... And huge profits. Thank you for reading. Namaste.
we hit my confirmed targets across the board i believe there is a reversal on all coins because almost every coin has ether double bottoms and or V-shape recovery with positive divergence across the board,i think the correction is over and we will take off from hear. UPDATE if we do get a lower low which is possible on btc, my targets are 80-85K then reversal if we already haven't hit the bottom
Ethereum Investment Thesis Market Overview Ethereum (ETH) is trading at $3,431.65, indicating potential for upward momentum. The recommendation is to OPEN LONG positions, supported by a favorable risk-reward setup and moderate confidence in a bullish trajectory. Key Technical Indicators Stop-loss: Set at $3,200.00, providing downside protection against unexpected price drops. Take-profit: Targeted at $3,600.00, aligning with a strong resistance level and maximizing potential gains. Exit Point: Positioned at $3,500.00, offering a prudent level for partial profit-taking. Confidence Level The confidence level for this strategy is 75%, reflecting cautious optimism. The technical and fundamental indicators support an upward trend, though volatility requires close monitoring. Correlation with BTC Ethereum shows a neutral correlation with Bitcoin (0.02), suggesting its price movement is minimally influenced by BTC. This allows ETH to follow its own market dynamics. Position Analysis Open Long Positions: None currently, presenting an opportunity to take advantage of the recommended strategy. Open Short Positions: None, indicating a lack of bearish sentiment. Risk Management Strategy Entry at the current price of $3,431.65 is ideal to capitalize on potential gains. A well-placed stop-loss at $3,200.00 minimizes risk in case of downside volatility. The take-profit level at $3,600.00 provides an attractive target, while the exit point at $3,500.00 ensures partial profit-taking to secure gains. Recommendation OPEN LONG positions near the current price, aiming for a take-profit level of $3,600.00. The combination of technical support and moderate confidence in the bullish scenario supports this strategy. Traders should remain vigilant for any changes in sentiment or technical indicators that might influence price movements.
As you can see we seem in last words before go uptrend start when we hit and breakout Top2 and stay above it to hit all targets above inshallah!
Craig Wright, the Australian computer scientist who repeatedly and falsely claimed to be Bitcoin’s creator, Satoshi Nakamoto, has been sentenced to 12 months in prison for contempt of court, with the sentence suspended for two years.
Chip company Nvidia gets the green light from the European Union to complete its acquisition of Run:ai. The EU came to a unanimous decision today that Nvidia could go ahead with its acquisition of Israeli GPU orchestration platform Run:ai, according to reporting from Bloomberg. The European Commission determined that if the merger went through other […] © 2024 TechCrunch. All rights reserved. For personal use only.