We saw a good volotile move from ADA after Trump announced crypto reserve. Now its in the phase of reaccumulation whgich could result in a good trend continuation
NASDAQ:MSTR seems to seesaw with the 100MA and it is approaching the MA which should see the stock move up and touch the upper resistance of the wedge. Then the price falls below the MA100 and goes through an accumulation stage. The increased news of a US Bitcoin reserve could help this move up. Lets set the target of $335
If you haven't realized yet or maybe you all cant read properly but your hopes of getting into the crypto reserve are long gone. Not only that but they intend to sell the forfeited and seized digital assets other than Bitcoin to buy more Bitcoin. REJECTED!
Buy setup with R/R = 1/2.43 Catalyst : After Speech Sp500 tough demand. That was best entry level but u know Japan time 2:00 A.M something so hard for me,in my opinion. Next week i expect SP500 retest demand zone. But i do not wanna lost this high probability win trade . That why i took entry right now. We need make more space for price breath. But ST far from point u think u will put your ST.
Chainlink is neutral on its 1D technical outlook (RSI = 47.039, MACD = -1.130, ADX = 24.859) as it posted a double rebound on its 1W MA100. The long term pattern is a Channel Up and its prior HL bottom was formed just under the 1W MA100. With the 1W RSI rebounding though from oversold levels, LINK is already a great buy opportunity in terms of Risk-Reward, even if the bottom takes the whole month of March to be completed. We expect a new bullish wave to take place around the same +300% range as the previous two. The trade is long, TP = 45.00. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
On March 7, the White House will host its first-ever crypto summit, chaired by Donald Trump. The event will bring together top leaders of the crypto industry, including Coinbase (#Coinbase) CEO Brian Armstrong, MicroStrategy (#MicroStrgy) founder Michael Saylor, and others. Key discussion topics will include crypto industry regulation, stablecoin oversight, the strategic role of Bitcoin in the U.S. economy, and the establishment of a national crypto reserve. One of the summit’s highlights is the initiative to create a strategic U.S. crypto reserve, which will include Cardano (ADAUSD), Solana (SOLUSD), XRP (XRPUSD), as well as Bitcoin (BTCUSD) and Ethereum (ETHUSD). This move aims to strengthen America’s position in the global digital economy and expand the dollar’s influence. Donald Trump emphasizes that the U.S. must lead in blockchain technology development, promoting the adoption of digital assets in the global financial system. Beyond regulation and reserves, the summit will also address cryptocurrency taxation and potential incentives for businesses operating in the sector. Key growth drivers for the crypto market: • Government support & regulation: High-level officials participating in the summit and the introduction of regulatory frameworks focused on transparency and security create a favorable environment for market growth. Clear regulations encourage institutional investors to enter the space. • Establishment of a strategic crypto reserve: The U.S. aims to include top cryptocurrencies in its national assets, boosting their credibility and investor confidence. This could strengthen digital assets’ role in the global financial system. • Blockchain technology advancements: The adoption of innovations such as smart contracts, decentralized finance (DeFi), and blockchain integration into traditional industries expands the use cases for cryptocurrencies and increases demand. • Rising adoption among users & businesses: Simplified crypto transactions, improved infrastructure, and a growing number of businesses accepting crypto payments contribute to the rising popularity of digital assets among the public. The White House Crypto Summit will be a landmark event for the industry, setting the stage for the crypto market’s future development. Analysts at FreshForex believe that government recognition, clear regulatory frameworks, and technological innovations will provide a solid foundation for the continued growth and strengthening of digital assets in the global economy. At FreshForex, accounts are available in 7 cryptocurrencies and over 70 crypto pairs with 1:100 leverage, accessible 24/7.
The price has approached the dynamic descending trendline while entering the Potential Reversal Zone (PRZ) of the Butterfly harmonic pattern. Given the confluence of technical factors and within the designated time frame marked on the chart, the conditions appear favorable for a potential bullish reversal.
Hello" Traders GOLD is continuously facing rejection due to an internal bullish order block. There are several reasons for this rejection, including the market's performance in recent days and the presence of sellers in a heavy range. This has created a consolidation area. I do not recommend taking any big risks. Instead, I suggest taking a trade within the consolidation area and securing your trades. When the market shows a breakout, it may continue in that direction, based on our analysis. Entry 2907/05 1 Target 2915 2 Target 2925 3 Target is Open Stop loss 2894 It's all about my thought. What you think about "GOLD". Write in the comment section. Thanks
This chart represents a technical analysis setup for Gold Spot (XAU/USD) on a 1-hour timeframe, highlighting a potential sell (short) trade opportunity based on price action and trend analysis. --- Key Components of the Chart: 1. Resistance Level (Upper Black Line) The resistance level is a price area where gold has struggled to break above. This level is marked with yellow circles, showing past price rejections. The price recently reached this resistance again and failed to break higher, signaling potential downside movement. 2. Support Level (Lower Black Trendline) The support level is a rising trendline connecting previous lows. It indicates a level where buyers have stepped in to push prices higher in the past. A break below this support may confirm a bearish move. 3. Entry Point (Sell Trade Setup) The entry point is marked right after the price touches resistance and starts to reverse downward. Traders are expecting the price to decline after rejection at resistance. 4. Take Profit (TP) Levels TP1: 2901 – The first target where traders might take some profit. TP3: 2887 – The second target, indicating a stronger bearish move. 5. Current Price & Market Condition The current market price is 2,908.900, as shown in red on the right. The blue levels (2,900.597 and 2,887.653) are key areas to watch for price movement.
I have Found a pattern within BTC reaching back to may 2020 to September 2020 in which we can clearly see the same structure of the market before it launches off to the moon with over 500% gain that year sooooo yall get where im gonna get to?