CRYPTO:XLMUSD XLM Continuation Rally: An Analysis Bullish Arguments: PMH (Previous Monthly High) disrespected PML (Previous Monthly Low) disrespected Weekly Bullish FVG respected PWL (Previous Weekly Low) disrespected PWH (Previous Weekly High) disrespected PDL (Previous Daily Low) disrespected 4H swing low disrespected 4H Bullish FVG respected Bearish Arguments: PDH (Previous Daily High) respected 4H swing high respected Bullish 81.82%- Bearish 18.18% Trade Management: This setup involves high risk and requires close monitoring of price action. Use a tight stop-loss (SL) to manage risk, and aim for a take-profit (TP) near the 2021 ATH zone. Staying alert to market movements is critical for this trade
shib usdt daily analyse time frame daily risk rewards ratio >3 shiba break out the rectangle and reached 0.00003318 $ then fell to the top of the blue box and now it is time to pump and reach my target there is no significant resistance for the target 0.0000435 $ only 0.000033 $ which is not strong of course
Here is a chart with 2 orange Ichimoku forecast lines, one daily and one weekly. The price is actually above both of them. I drawed the fibonacci extensions and I think the price can go up to $21828 that is the 1.618 fibonacci extension. A first target might be at the 50% between the 1 and 1.618 (1.309 ?) fibonacci level at around $21547.
Good Evening and I hope you are well. tl;dr dax futures - Neutral again. More chop expected. Can bulls do another leg up? Yes. Is it likely? I think it’s 50/50 right now. Bears obviously not doing enough and bulls are still buying above 20000, which is very bullish. Bulls have 2 bull trend lines as support around 20000 and 19950. It’s still BTFD until we make lower lows again below 19900. comment: After many months of writing about the most outrageous target for the dax, we finally did it. What a time to be alive. Don’t look to be the first bear. Can go higher obviously but I won’t chase anything here. My bullish targets are met, I don’t care about any more upside other than small scalps. Will wait for bigger bears to come around and will watch closely when bulls begin to take bigger profits. current market cycle : bull trend but very late and will end soon key levels: 19500 - 20000 bull case: Can do 20200 but we could have also seen the highs. It’s a gamble to bet on higher prices. Long the pullbacks until we make lower lows again on the 1h or 2h tf. Invalidation is below 19700. bear case: Nothing changed. Got nothing for bears until they can get a daily close below 19700 again. We most likely spend more time 19800 - 20100 before another impulse. Invalidation is above 20100. short term: Neutral. We can go higher but I don’t expect much tbh. 19800 - 20100 is my current range. Same as yesterday. Best bears can hope for is to test 19950 tomorrow. medium-long term - Update from 2024-12-02: 20000 hit, hope you listened. This market is beyond overvalued and will drop 30-50% in the next 5 years. I have no doubts about that. That fact should not be relevant to your current trading at all. Now it’s about being patient and waiting for the profit taking to start. current swing trade: None trade of the day: Buying 20k or Selling 2070. Clear support and resistance on the day.
Good Evening and I hope you are well. tl;dr wti crude oil futures - Neutral. Bulls did what they had to, to prevent a flush down to 66. Market traded above 70 and we made a higher low. Bulls would need to print 71.5 for a higher high and I can’t see that happening as of now. Chop between 68 and 70 is most likely here. comment : Midpoint of this triangle is around 69.3 and this will be a magnet until we either make higher highs or lower lows. It’s a trading range, don’t over analyze it. current market cycle : trading range (big triangle on the daily chart) key levels: 66 - 70 bull case: Bulls had a decent day and turned the market completely neutral again. Only above 71.5 they are favored for higher prices. For tomorrow I expect some more sideways price action between 69 and 70.5. Invalidation is below 66.27 bear case : Bears need to keep it below 71.5 or we are making higher highs again. They tried to close below 68 for 4 days and today we saw bears giving up on it. Bears are still favored to keep it inside the triangle, so either play the range or don’t trade at all. Betting on a huge breakout is not a decent strategy after going sideways for so long. Invalidation is above 71.5. short term: Neutral inside the triangle. Area round 70.5 should be huge resistance. medium-long term - Update from 2024-11-10 : Unless an event comes up, this will very likely close around 70 for the year. current swing trade: Nope trade of the day: Could have longed anywhere and made money. 1h 20ema is strong support until broken.
Price could run the same distance as the first bullish impulse before the corrective structure. As illustrated, if price holds the psychological price level of $90.000 and eventually respects the pivot area, and eventually closing above $100,000 ; then we could see a strong continuation push to ATH's near $120,000 by the end of December or potentially within the next 2 weeks.
I know I might sound crazy but not seeing it out of reach tbh , It’s the crypto and what’s not weird about it ? Let’s keep it moderate and say I know for 100% it’ll go to it’s Ath but what if it breaks it right ? Anyway we bought it cheap like the other coins and will hold it till it gets to ATH and then we decide about it , it’s crawling in the logarithmic channel for the long term and gaining strength for who knows what ? Dyor lads
GBPUSD: LEI, ENDO and EXO SUMMARY (BEARISH Monthly) LEI MIX: Collectively LEIs of USD was increasing and LEIs of GBP are decreasing. Hence overall LEI data is MIX ENDO DECREASING: ENDO of GBP are decreasing as compared to USD, making GBP a weaker currency compared to USD. EXOs DECREASING: USD is getting stronger than GBP from EXO perspective as well. EXO has higher precedence as well. EXO+LEI INCREASING: FINAL SCORE DECREASING: Collective ENDO and EXO, of GBPUSD indicate that USD is becoming stronger than GBP TRADE BIAS CONCLUSION ON ENDO/EXO: GBPUSD has a BEARISH probability on Weekly/Monthly timeframe. REAL INTEREST RATES Interest Rates of both GBP and USD are moving in the same DOWN direction, hence it is not a key factor or BIAS creation. NEWS EVENTS Many Key events for USD (Bolded): 1. USD: ISM Manf PMI: 02-Dec-24 (7:00 PM GMT+4) 2. USD: ADP Non-Farm Employment Change: 04-Dec-24 (5:15 PM GMT+4) 3. USD: ISM Services PMI: 04-Dec-24 (7:00 PM GMT+4) 4. USD: Fed Chair Powell Speaks: 04-Dec-24 (10:45 PM GMT+4) 5. USD: Unemployment Rate (NFP): 06-Dec-24 (5:30 PM GMT+4) 6. USD: CPI y/y: 11-Dec-24 (5:30 PM GMT+4) 7. USD: PPI: 12-Dec-24 (5:30 PM GMT+4) 8. GBP: GDP m/m: 12-Dec-24 (11:00 AM GMT+4) 9. GBP: Manuf PMI and Service PMI: 16-Dec-24 (1:30 AM GMT+4) 10. USD: Retails Sales: 17-Dec-24 (5:30 PM GMT+4) 11. GBP: CPI y/y: 18-Dec-24 (11:00 AM GMT+4) 12. USD: Interest Rate: 18-Dec-24 (11:00 PM GMT+4) 13. GBP: Interest Rate: 19-Dec-24 (4:00 PM GMT+4) 13. GBP: Retail Sales: 20-Dec-24 (11:00 AM GMT+4) 14. USD: Consumer Confidence: 23-Dec-24 (07:00 PM GMT+4) 15. USD: Unemployment Claims: 26-Dec-24 (5:30 PM GMT+4) GBPUSD SEASONAL ANALYSIS MAPPED TO NEWS EVENTS 1. BULLISH: From 03 - 5 DEC 2. SIDEWAYS TO BEARISH: From 06 - 11 DEC 3. BEARISH: From 12 - 26 DEC GBPUSD COT FLIP ANALYSIS FOR NON-COMMERCIALS 1. "Difference (Blue Line)", DECREASING for GBPUSD, that means Smart-Players are closing their LONG positions for GBP or cloaing their SHORT Position in USD. 2. The FLIP Data of OF USD, giving BUY signale and for GBP giving SELL signal 3. This will make GBPUSD BEARISH. COT RSI ANALYSIS 1. The COT RSI for both GBP and USD is near zero. 2. The "Non-Comm LONG" position does not show sharp increase for both Currencies 3. Also "Net Non-Comm" does not show an increase trend SUMMARY ON COT ANALYSIS COT report does not yet give a strong SHORT or LONG BIAS but Data is favoring USD LONG, hence GBPUSD Bearish movement matches with ENDO and EXO analysis as well. DAILY TECHNICAL ANALYSIS TREND: Bearish as per DOW, as also indicated by Fundamental analysis. DIVERGENCE: No bullish divergence, meaning bearish movement continue. HEIKIN-ASHI: Bearish movement will confirm after retracement to FIB level 23.6%. PATTERN: Not any thing specific FIB: Level 23.6% is tested as resistance and bearish movement might start. S&R: Strong support at 1.2500 and current price is 1.2673. High probability that this support will be retested and it might break it. EMA: Price Below 200 EMA ALLIGATOR: Mouth is openning supporting strong bearish movement. Scho-RSI: Above 80 and slightly going down DAILY TRADE PLAY: STRONG BEARISH BIAS Entry: 1.26730, SL: 1.27633, TP1:1.25016, TP2: 1.24053 4H TECHNICAL ANALYSIS TREND: Bullish to Sideways as per DOW DIVERGENCE: None HEIKIN-ASHI: Bullish confirmation needed FIB: At 4H 38.20% is tested as resistance and bullish movement is expected S&R: Resistance at 1.2740 and if breaken and bullish movement will get configmed. EMA: Price Below 200 EMA and if broken then bullish trend will continue. ALLIGATOR: Mouth is closed now but about to open. Scho-RSI: Again turning up with some sideway movement. 4H TRADE PLAY: BULLISH BIAS Entry: 1.2673, SL: 1.24993, TP1:1.2777, TP2: 1.2811 1H TECHNICAL ANALYSIS TREND: Bullish to Sideways and trend might become bullish after USD:Service PMI news on 4th December. DIVERGENCE: None and bullish trend is expected to continue. HEIKIN-ASHI: Bullish to Sdideways seen as well. FIB: Price retraced to level 50% and then reacted to resistance at 23.60% level. S&R: Resistance at 1.269 is respected one and if broken then bullish trend will continue. EMA: Price above 200 EMA and it is respected as support. ALLIGATOR: Partially open hence signalling sideway movement till 4th Dec news of Services PMI. Scho-RSI: also signalling sideway movement. 1H TRADE PLAY : Pendding bullish order. Buy Stop: 1.2703, SL: 1.28100, TP1: 1.274, TP2: 1.2799
RSRUSDT (ReserveRights) Daily timeframe range. PA moving like a absolute beast here. with high amounts of volume a valid close above 0.021359 can push it to 0.032296 or above. a little correction will be healthy here. local support at 0.009868.
AI coins on radar to make a comeback. Its a bull run