USD is in a clear wave 2 down for many reasons. - Tariffs speculation - Inflation data higher than expected - US M2 money supply increase - US manufacturing output drops and Retail sales drop Moreover, the dollar for now is bearish until reversals in the aforementioned list of causes for its recent decline. Primarily, look for the FED to hold off on any future rate cuts until later in the year. Treasury Yields(Bond Sell off) rising recently is an indication that the market does not expect any FED rate cuts happening anytime soon. This could spur demand for the US Dollar as other Central Banks globally look to continue to cut rates (i.e. ECB and BOE).
Found a hns pattern on the bnb daily time frame,checks out all my confluence for the pattern ,pull back and entry module based on 4hr rsi
Please let me know what coins to loo at. I do this when i have time. The more time the better. It's just life. I'll be more than happy to help. This is an old chart
The balanced close on Friday in the S&P 500 daily chart implies a pensive close to the end of the week. I am not looking for a dramatic move up or down on Monday but more of a rest day for this market as it tries to assess its fundamental environment.
This looks like the perfect bull Flag on the 4hr chart for ADA it's retesting the trend now And should take us to .85 or .86 cents in this next move up.
Reddit is a little bit dangerous here. It is a very expensive stock with a short trading record that has run up massively of late. But it has pulled back, and is still within the confines of its regression channel. Ordinarily I don't trade stocks without large piles of trading data to fall back on. So why this time? First of all, the reason I don't is primarily that newer stocks have a much higher failure rate (going to zero) than battle tested ones do. Given that the strategy I use is first and foremost about safety, going to zero is a HUGE no no so I avoid them by and large. I don't think that's an even remote risk in the case of RDDT, however. Secondly, in its brief history with my system it has performed very well from a per day held return standpoint (around 1.5% per day held, or about 55x the long term daily average return of SPY). While that number will tend to decrease over time with more trades, even a return half that size is a sizable daily return. Also, every trade signal has been profitable to this point, but again the small sample size renders that information basically irrelevant. In the end, I have to respect the trend here and trust that NYSE:RDDT will follow the same pattern that the other almost 2000 stocks I screen follow and that this trade will work out because it's what stocks do. We shall see, I guess. Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
There is an m pattern playing out on the USDT Dom 15 min that could push us to the breaking point for a mini alt season to start.
You heard me right , you’ve got the chance to get one of the most complicated crypto projects yet lightweight as 22kb at its ATL , in a high demand zone .so much news coming on the way , zkapps , bridge, AI , RWA , dexs , token launch, NFTs and all other stuff on a 22 kb blockchain! Mentioned by Vitalik with a hard working dedicated team , good tokenomics and worth investing, tps are on the chart which I will update in the path but strongly a believer for the bullrun when utility coins turn.
Hello Guy's Welcome To Another Day Of TRADING Here we are mapping chart of BTCUSDT ( BITCOIN ) in 30-M TF RESISTANCE LEVEL. 97300/98100 TARGET WILL BE. 94800 The analysis suggests a rising wedge pattern, which is typically a bearish signal. The price has broken below the wedge support, and the chart indicates a short trade setup with a target around 94800 USDT and a stop loss at approximately 98800 USDT
New court filings in an AI copyright case against Meta add credence to earlier reports that the company “paused” discussions with book publishers on licensing deals to supply some of its generative AI models with training data. The filings are related to the case Kadrey v. Meta Platforms — one of many such cases winding through […] © 2024 TechCrunch. All rights reserved. For personal use only.