ADA chart is showing signs of accumulation. What do you think?
The main event of the day: the U.S. stock market and the cryptocurrency market have turned upward. The chance of a key rate cut by the U.S. Federal Reserve was estimated at 38.5% as recently as yesterday, but now it is 62.5%. This is a very fast and strong change. There is a reason for this. Fundamental Analysis The Federal Reserve may be forced to urgently move to lower rates and launch new liquidity programs, and the reason for this will not be inflation or the labor market. https://www.tradingview.com/x/nzxFEmUA/ The MOVE Index, reflecting volatility in the U.S. bond market, is now on the verge of crisis intervention. On April 9, the index jumped to 139.87. If it crosses 140, this could trigger emergency actions by the Fed, as happened in the past. The Fed may simultaneously turn on the money printing press and lower the key rate. Cheap money will flow into the financial markets. You can view the MOVE Index on TradingView by searching for "TVC:MOVE". Technical Analysis Yesterday, during the price decline, the U.S. stock market did not update the previous local minimum. The price of BTC also did not update the local minimum, although it came very close. Now the BTC price chart can be interpreted as a double bottom (W) in short-term analysis. https://www.tradingview.com/x/O4tz9b59/ The best price for a stop-loss order is the local minimum of BTC prices, $74500. In a favorable scenario, if the Fed lowers the key rate, a very significant increase in BTC prices should be expected. It is quite possible the price will exceed the ATH.
Pairs on Watch - FX:EURAUD FX:EURNZD FX:EURGBP A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
BUllish for GU. Expecting price to come back to POi and continue up. Last long target is 1.2936. Using 15 min OB for entry
Salik was dropped few days ago and it is now entered into bullish zone. May be it cross 5.5 and 5.7 level soon This is not a buy sell call. Trade at your own will.
CME_MINI:NQM2025 - PR High: 17240.00 - PR Low: 16971.00 - NZ Spread: 601.5 ⚠ Key scheduled economic events: 10:30 | Crude Inventories 13:00 | 10-Year Note Auction 14:00 | FOMC Meeting Minutes Mechanical pivot off Monday's high - Rotating back into 16700s inventory - AMP margins and volatile session open indicates we're still in the volatility storm Session Open Stats (As of 12:45 AM 4/9) - Session Open ATR: 692.29 - Volume: 84K - Open Int: 256K - Trend Grade: Bear - From BA ATH: -24.4% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 20954 - Mid: 19246 - Short: 16963 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
Polygon has been bearish since early December 2024, same with most of the Altcoins market. This bearish period is coming to an end and I can say this based on two simple signals. A bullish divergence with the RSI and a falling wedge pattern. The falling wedge pattern on its own can be doubtful because it can always extend. In fact, any signal in isolation can produce more harm than good. That is why I always look at a combination of signals to support my bias. There is also a small volume breakout yesterday. This is a weak signal but when combined with the RSI bullish divergence and marketwide action, what the rest of the market is doing, it becomes a strong early signal. ➖ MATICUSD Daily RSI Bullish Divergence https://www.tradingview.com/x/gWhq3nma/ Polygon's daily RSI hit bottom in early November 2024. Ever since, it has been producing higher lows. This makes it a very strong bullish divergence. MATICUSD has been moving lower and producing strong lower lows. This is the reversal signal. Polygon will soon grow. Thanks a lot for your Altcoin Choice. Namaste.
XAUUSD GOLD Quick Trade Recap Entry: 3004 (buy) Targets: TP1: 3040 TP2: 3115 TP3: 3163 This gives you a nice R-multiple especially if your stop is tight and placed wisely. Suggestions & Checks 1. Trendline Break Confirmation Did the candle close above the trendline? Was it a strong body candle or a weak breakout (e.g., wick-heavy)? Is it above a previous swing high or resistance? 2. Stop-Loss Placement Under the breakout candle? Below the trendline? Below last higher low (safer but wider)? 3. Volume Spike Did you check if volume increased during the breakout? Weak volume = fakeout risk. 4. Confluence Factors Any moving averages aligning? Fibonacci levels lining up with your targets? RSI divergence or MACD crossover? 5. Macro Watch Upcoming US CPI/PPI or NFP? Fed speakers, interest rate hints? Geopolitical tensions? Risk-to-Reward Example Let’s say stop is at 2980: TP1 (3040): R:R = ~1.38 TP2 (3115): R:R = ~4.63 TP3 (3163): R:R = ~6.63 Those are very favorable, especially if you scale out at each level. Want help plotting this in a chart or backtesting similar setups? Or want help setting this up in MQL5?
Hi everyone ❤️ Here's a simple breakdown: Current Price: $3,016.33 (marked in green). Resistance Level: Around $3,160 – price may struggle to go above this. Buy Support Level: Around $3,052 – if the price moves up, it might reach this area again. Sell Support Level: Around $2,975 – this is the lower support zone. Price Action Idea: The blue arrow suggests a possible dip followed by a rise toward the buy support level. In short: the chart hints at a potential bounce upward if the price holds above $2,975 and moves toward $3,052.
Dear Traders. EURGBP Now Hit resistance Area , i believe price will be start correction 0.84500 Soon If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content." Regards, Alireza!