All going to plan. Took 07 into 28 and now back down to settle below 07. Rolling. We should be driving from here and i believe we will gain control below $2907 before taking the leg out of the current range. Roll stops and go about the day… Have a great weekend ?️
KEYNOTE: BTC WEEKEND OUTLOOK BTC is currently hovering around GETTEX:89K , facing resistance at $95K, making a breakout unlikely—tight range, not worth chasing. This week, the peak at GETTEX:97K has adjusted down to $95K, signaling a primary downtrend. For the weekend, you have two possible strategies: 1️⃣ Short at $95K – If BTC retraces to $95K, short immediately—target FWB:73K within 1-2 weeks, offering a $20K+ range opportunity. 2️⃣ Scalping BUY + Shorting accumulation coins – Ride BTC’s short-term uptrend, scalp quick profits, exit at $95K, then short accumulated coins following BTC’s decline. Pick up altcoins along the way (XRP, ADA, SOL). This approach captures a small upside while maximizing gains on the larger downtrend. Choose your preferred approach and use whatever tools you have at hand. Stay tuned for real-time updates! ?
Gold prices manage to leave behind Thursday’s pullback and revisits the area of $2,920 per troy ounce in the wake of the publication of the US labour market report in February. BUY GOLD 2915-2913 TP1: 2919 TP2: 2923 TP3: 2927/OPEN SL 50 PIPS #DOLLARHUNTERX #GOODLUCK
NAS100 has now fallen -10% from its recent peak so officially a correction and has hit 200 day MA and RSI at levels where historically rebounds of 5%-10% over a month or so timeframe have typically happened.
On Friday (March 7), the February non-farm payrolls data was released, with 151,000 new jobs, lower than the market expectation of 160,000, and the unemployment rate slightly increased to 4.1%. The annual rate of hourly wages increased by 4.0%, lower than the expected 4.1%. After the data was released, the market fluctuated violently. The US dollar index (DXY) first fell 13 points to 103.61, then rebounded 27 points to 103.88, and then plunged about 40 points, reaching a low of 103.4554, with a fluctuation range of more than 80 points. Spot gold (XAU/USD) rose by $9 to 2930 in 1 minute, and then gave up the gains, with an amplitude of about $50, and now reported at $2912.88/ounce. This slightly weak employment report ignited recession concerns. While the US dollar was under pressure, the Fed's policy expectations also faced new tests. New changes are worth paying attention to. Well-known institutions pointed out that "Trump has been engaged in civil servant layoffs and trade barriers since he took office, which is not good for the job market. Technical analysis viewpoint: The dollar broke down and gold fluctuated under pressure Weak signals dominate, and policy games intensify. From a technical perspective, if the US dollar index cannot return to 103.70, the 103 mark below is in danger, and it may even test 101.90. The upper resistance is 104 and the 200-day moving average (105.03), and a short-term rebound requires strong positive support. For gold, pay attention to the resistance range of 2930-2935. If it breaks through, it will point to 2950. Pay attention to the support of 2882-2876 below. Trading is risky, and positions should be controlled reasonably. When the opportunity comes, if you don’t know when to enter the market and want to get accurate transactions and huge profits in advance, please leave me a message and I will make you feel that this is true. TVC:GOLD OANDA:XAUUSD ICMARKETS:XAUUSD FOREXCOM:XAUUSD
CRYPTOCAP:USDT Dominance chart shows an uptrend, respecting the rising support line and holding above the 50 EMA. Key levels include strong resistance at 5.40%, mid-support at 4.70%, and strong support at 3.70%. A breakout above 5.40% could signal altcoin weakness, while a rejection and breakdown below 4.70% may lead to an altcoin rally. Watch these levels closely—altseason or sell-off? The next move will decide!
Today, Fed Chair Jerome Powell is set to speak, and traders should brace for potential market volatility! Given the recent economic data , his tone is likely to be balanced but leaning hawkish . Why a More Hawkish Powell? 1- Strong Job Market : Unemployment Rate : 4.1% (Still low) Non-Farm Payrolls (NFP) : 151K (Decent, but lower than before) Average Hourly Earnings : 0.3% (Steady wage growth) This suggests that the labor market remains resilient, which might discourage the Fed from cutting rates too soon. 2- Inflation Still a Concern : Wage growth and inflationary pressures persist, which means Powell may emphasize keeping rates steady longer to combat inflation. 3- Markets Are Too Optimistic on Rate Cuts : Investors are heavily betting on rate cuts in 2024, but Powell may push back against these expectations to prevent excessive risk-taking. Powell will likely maintain a cautious yet hawkish stance to manage expectations. Big price swings are expected across forex, crypto, and commodities—so stay alert! (Of course, this is just a personal analysis). In addition to Donald Trump , Signs Executive Order to Create Bitcoin Strategic Reserve Of course, today, we didn't see any strange movement in Bitcoin, and probably, the proverb " buy the rumor, sell the news " was fulfilled. ---------------------------------------------------------- Now let's take a look at the Bitcoin chart on the 1-hour time frame and also take help from technical analysis tools . Bitcoin ( BINANCE:BTCUSDT ) is in a Heavy Resistance zone($93,300_$89,250) and has started to decline from Potential Reversal Zone(PRZ) . From a Classic Technical Analysis , Bitcoin appears to move in a Symmetrical Triangle . According to Elliott Wave theory , Bitcoin has completed the Double Three Correction(WXY) , and we should wait for the next bearish wave . I expect Bitcoin to attack 200_SMA(Daily) again after breaking the lower line of the Symmetrical Triangle . Note: Bitcoin is likely to pump more if the symmetrical triangle's upper line breaks. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button ?? & Share it with your friends; thanks, and Trade safe.
PEPPERSTONE:COCOA In this video, I’ll be sharing my analysis of COCOA, using my unique Heikin Ashi strategy. I’ll walk you through the reasoning behind my trade setup and highlight key areas where I’m anticipating potential opportunities. My goal is to help you enhance your trading skills and insights. I’m always happy to receive any feedback. Like, share and comment!
$MANA/USDT weekly chart shows the price moving within a sideways accumulation zone, respecting a rising support line after a prolonged downtrend. It is currently testing the 50 EMA, which acts as a key resistance level. A breakout above this could signal further upside, while failure to hold could lead to a retest of the support zone. The Stoch RSI is in the oversold region, suggesting potential bullish momentum. If MANA breaks above 0.35 USDT, it could push towards 0.70 USDT+, while a drop below 0.20 USDT might extend the bearish trend. DYOR, NFA Do Likes and follow us
Hello Traders! In this video, we break down a short position on the Dow Jones (US30) using the 1-minute timeframe. As we expected yesterday The NFP will be Negative for us Dollar you can see our scenario day before. Don't forget to boost, and Follow for more trading tips and real-time analysis!