TXR Completes Bullish Wedge Pattern Recently, TXR completed a bullish wedge pattern. Following a price decline to 0.2300, a strong bounce indicated that bullish momentum remains high. The breakout from the pattern looks promising, increasing the likelihood that TXR will test the top of the structure it occupied in recent weeks, as shown in the chart. Key resistance areas: 0.2450 and 0.2560 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
As of now, the price of Bitcoin is US$97,559, with a 24-hour decrease of -0.03%. It is currently in partial shock. Moreover, when the price reached a new peak before, the trading volume did not increase but began to decrease, which means that the market increase is showing signs of weakening. Looking at all factors, the current U.S. inflation data is higher than expected, and Trump's tariff policy is still uncertain, which has put a certain amount of pressure on Bitcoin. However, if US inflation gets out of control and the Federal Reserve is forced to lower interest rates, Bitcoin may have a relatively large increase in the easing cycle. If you have the same views as me, please stay tuned. I will continue to share for free in the future.
Price has a high probability of selling as lower high is currently in formation. Price will likely fallback to 105.009 a sell opportunity is envisaged. The daily timeframe overall trend is bearish too
? HBARUSDT Analysis Update | 30M Timeframe ? Support: 0.224 USDT ? Resistance: 0.245 USDT ? Analysis: HBAR remains in a downtrend on higher timeframes but shows a bullish trend in the 30-minute chart. It is approaching the bottom of the channel, presenting a potential 10% price swing. ? ? A good buy opportunity with 10x leverage is available at the identified support level. ? For more analysis: ? @MohsenHasanlu ? 2025/02/17
Following the RBNZ cutting its Official Cash Rate (OCR) by 50 basis points (bps) in November 2024, economists and investors expect another bumper 50 bp rate reduction on Wednesday this week – with an outside chance of a more minor 25 bp reduction. A 50 bp (25 bp) adjustment would bring the OCR to 3.75% (4.00%). In addition, markets are also expecting another 75 bps worth of cuts this year. Sluggish Economic Activity I’ve observed little reason to stray from market pricing and expect an additional 50 bp cut this week. Gross Domestic Product (GDP) growth fell into a technical recession in Q3 24 after printing a second consecutive quarter in negative territory; the -1.5% contraction was the lowest figure since Q2 20. Additionally, unemployment has risen to its highest level since late 2020 at 5.1% (Q4 24), and given inflation remains within the RBNZ’s 1-3% target band – Q4 24 inflation increased to 2.2% (matching the 2.2% print in Q3 24) – the central bank has ‘room’ to lower the OCR. With a 50 bp cut largely baked in, and assuming the central bank follows through, I expect a knee-jerk sell-off across New Zealand dollar (NZD) pairs. That said, most focus will be on any change in the rate statement’s language, press conference commentary, and any revisions in the updated economic projections. NZD/USD Vulnerable to the Downside Price action on the monthly timeframe for the NZD/USD (New Zealand dollar versus the US dollar) came within a stone’s throw of testing long-term support from US$0.5511 this month. Anyone following candlestick patterns may note that the current monthly candle is poised to close by way of a bullish engulfing formation. While monthly support is clear, and the bullish engulfing pattern indicates buyers may want to explore higher terrain, the rebound in October 2022 failing to print a meaningful high may concern long-term bulls. Couple this with the overall long-term trend facing south, and any higher rebound could be short-lived. This brings me to the daily timeframe’s structure. Friday wrapped up pencilling in a dominant higher high (US$0.5738), reaching levels not seen since December 2024. What I also find interesting is although we have a higher high, this move represents a possible D-leg to an equal AB=CD resistance between a 200% extension ratio of US$0.5804 and horizontal resistance at US$0.5774, along with a 100% projection ratio (the equal AB=CD structure) at US$0.5789 nestled within the zone. Consequently, although monthly price is testing a support area, my base case is that the path of least resistance remains to the downside for the NZD/USD. Daily resistance between US$0.5804 and US$0.5774, therefore, will be on my watchlist this week. Written by FP Markets Market Analyst Aaron Hill
Bitcoin is presenting a strong buying opportunity. With increasing capital inflows into Bitcoin ETFs, institutional demand is on the rise. At the same time, the Fed’s expansionary monetary policies have yet to fully impact risk assets. This combination could create the perfect setup for further price appreciation. Are we on the verge of the next big move?
"Regarding EUR/USD on high time frames, as per my recent analysis, the price has shifted towards a bullish momentum. I anticipate the price to surpass the mitigated order block on the 4-hour chart and reach the 1/1 price zone on the weekly and daily time frames. However, this analysis would be invalidated if the price closes below 1.02 on the daily time frame." If you have any specific questions or if you need further assistance with your text, please let me know!
ACS Analysis ? ACS is currently testing the red resistance zone. If a successful breakout occurs: ? First Target: Green line level
price on PNUT has made a good retracement now aiming for liquidity on the upside and the supply zone 1:6 trade
From the chart you will understand that btc/usd is still consolidating for long bitcoin run, but before we are expecting a short term daily bearish run. You can see that chart is forming a falling wedge pattern, which is also a good signal for bear movement before the long term bitcoin booooooooooooooooooom. This will be a nice signal for you if you trade caution.