TST SIGNAL SPOT DAILY Entry: $0.0694 or $0.0656 Target: $0.08 - $0.09 Hold Time: Follow the D1 (Daily) Cycle
Daily live trade with XAUUSD in 15m/30m/1h 20250331
Wow, this is going to be making history! Since the late 90s to now, we have finally break the 4000 price point. Question is will it continue to rally higher and break out of the channel? With the 3 local banks taking a lion share of the index and they have been enjoying a superb rally more than 12-14 months , a pull back will be expected. The SG government is now putting more attention to this stock market and wanted to attract more foreign companies to list here. So, on hindsight, even a boring market like STI could yield you close to 400% returns if you choose to stay invested in the market instead of going in and out. Timing the market, definitely not for those who has one too many things on hand, juggling career, family, kids, bills, never ending house chores and demands from society. Leave that to the experts , you are definitely way better off and have a peace of mind. The challenge remains - why wait when I can become a millionaire over night or next year ?
By now it's fairly obvious we've entered a bearish market. From a peak of 109k to now 82k this is hard to argue. We can view our earning moving average data with the red(10day), blue(20day), and yellow(50day) to see the candles are well below all levels. The most important level on the bearish confirmation is the 50 day EMA cross. This is known as a 'death cross'. When price crosses below the 50 day EMA price historically will continue to decline. Our second major confirmation to enter short is by looking at lower Support zones for price. Looking at price to the left there are long periods from 73.3k to 87k where price action took off very rapidly with zero consolidation.(side ways market action). This means when price comes back down as it is there are zero support levels(as in the orange box) until 73.3k. 73.3k was previously a resistance level(where price did not go above) four times as in circled. These levels will now become a support zone for buying liquidity. I do believe this bearish market will be much different than previous years. It will be a much more drawn out process with less typical overall volatility. This is due to the increase in the market cap is much higher than before. That being said the major confirmations based upon EMA data and zero support levels make this overall trend very clear. Don't be stupid NEVER trade against the trend! Do not except price to snap to target over night either. This is a daily view on the overall direction of BTC and is not a short term trade. We should except price to decrease overall, but remember the market increase and decrease in 'waves'.
BTC Bitcoin in buy zone: - golden pocket - weekly/daily support levels Looking at smaller time frames for bullish divergences for entry.
BTC is testing the key level at 81600 right now and if this level fails to hold BTC will falls to 69-72k which is the bottom of falling wedge
This is not financial advice. From chart , you can see it has dropped more than 25% from its peak and I expect more price falls to the level , 144-147 . Here, I would be happy to accumulate more.
? ? ? Market-Moving News ?: ??? Anticipated U.S. Jobs Report: The March employment data, set for release on Friday, April 4, is expected to show a slowdown in job growth, with forecasts predicting an increase of 140,000 nonfarm payrolls, down from 151,000 in February. The unemployment rate is projected to remain steady at 4.1%. This report will be closely monitored for signs of economic momentum and potential impacts on Federal Reserve policy. ??? President Trump's Tariff Announcement: President Donald Trump is scheduled to unveil his "reciprocal tariffs" plan on Wednesday, April 2, dubbed "Liberation Day." The announcement is anticipated to include a 25% duty on imported vehicles, which could significantly impact the automotive industry and broader market sentiment. Investors are bracing for potential volatility in response to these trade policy developments. ??? Manufacturing and Services Sector Updates: Key indicators for the manufacturing and services sectors are due this week. The ISM Manufacturing PMI, scheduled for Tuesday, April 1, is expected to show a slight contraction with a forecast of 49.5%, down from 50.3% in February. The ISM Services PMI, set for release on Thursday, April 3, is projected at 53.0%, indicating continued expansion but at a slower pace. These reports will provide insights into the health of these critical sectors. MarketWatch ? Key Data Releases ? ? Monday, March 31: ? Chicago Business Barometer (PMI) (9:45 AM ET): Forecast: 45.5 Previous: 43.6 Measures business conditions in the Chicago area, with readings below 50 indicating contraction. ? Tuesday, April 1: ?️ Construction Spending (10:00 AM ET): Forecast: 0.3% Previous: -0.2% Indicates the total amount spent on construction projects, reflecting trends in the construction industry. ? Job Openings (10:00 AM ET): Forecast: 7.7 million Previous: 7.7 million Provides insight into labor demand by measuring the number of job vacancies. ? Wednesday, April 2: ? Factory Orders (10:00 AM ET): Forecast: 0.6% Previous: 1.7% Reflects the dollar level of new orders for both durable and non-durable goods, indicating manufacturing demand. ? Thursday, April 3: ? Initial Jobless Claims (8:30 AM ET): Forecast: 226,000 Previous: 224,000 Measures the number of individuals filing for unemployment benefits for the first time, providing insight into labor market conditions. ? Trade Balance (8:30 AM ET): Forecast: -$123.0 billion Previous: -$131.4 billion Indicates the difference between exports and imports of goods and services, reflecting the nation's trade activity. ? Friday, April 4: ? Average Hourly Earnings (8:30 AM ET): Forecast: 0.3% Previous: 0.3% Measures the change in earnings per hour for workers, indicating wage inflation. ⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions. ? #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
First thing first, congratulations to those who bought this ETF at the beginning of 2024. It has since climbed 70% from the bottom to the current price. Now, we are at an inflection point. With an ambitious 5% GDP target and 2% inflation rate for 2025, the whole world is watching China for more stimulus plans to be released. Property market, once the darling jewel and near exclusive investment for many people , this dream has been dashed. EV market, touted to be the next sector of growth is facing price cutting amongst the local manufacturers. The tariffs imposed by US does not help, making their import price to the overseas buyers higher and squeezing their profit margins. In a year or two, I expect more consolidation of EV manufacturers where only the top 3 players will survive and holds significant market shares. From chart, we can see the price action is now at an inflection point. Refer to the chart , Oct 2022, could we see a repeat of this pattern? Possible but imo, quite unlikely. The government is in a catch 22 position, having to defend itself against the never ending US tariffs and a sluggish domestic market that consumers are still reluctant to spend (as much as the government would like them to be). Thus, I would be monitoring this chart closely, not adding at the moment but definitely not selling any units as well. Please do your own due diligence.
BTC enter accumulation at fibbo 61% as a sign that strong buyers are waiting for accumulation, HOLD it for reversal to resistance trendline level, while it is in oversold area, Be careful when it breakodown from 61% fibbo level line at $81.000 as main support...