THORChain's native token, RUNE, has experienced a significant decline in value recently. Despite the recent drop, RUNE is still holding strong at its support level. If this support remains firm, I believe RUNE has the potential to not only recover but go parabolic in the coming years.
The history of periods when unemployment was rising and key indicators illustrating economic stimulation through interest rate cuts. For comparison, the impact on BTC and altcoins. Interestingly, throughout Bitcoin's entire history, the best periods have been when unemployment was declining. The only exception was during the COVID era, when the largest amount of money in history was printed, inflating the markets. Currently, we are facing rising unemployment, unregulated inflation, escalating global conflicts, and a trade tariff war. How will the stock market and the crypto market react?
Greetings and Respect to Esteemed Traders, After thorough research, I found a suitable position to identify the potential trend for DXY in the 4-Hour Timeframe. However, currently, I haven't found any suitable positions in the Daily Timeframe and other timeframes. The only noteworthy event today is the structural break or CHoCH (Change of Character) that occurred on January 27, which can be observed in the 4-Hour Timeframe. This likely indicates a bearish trend and a continuation of the correction for the US Dollar. Based on this structure and the liquidity created, it seems we are on the path for a short-term rally that may reach the Order Block Single Candle before commencing a correction down to approximately (106.698). The 4-Hour Chart is building liquidity, so we need to be cautious not to enter a position too early until the bearish scenario begins. The chart is designed to be very straightforward and simple for your ease of use, allowing you to seek excellent buying opportunities in currencies against the dollar. Fundamental Analysis: As noted by the renowned analyst John Smith: "The US dollar requires structural economic corrections and is currently on a downward trajectory." Source: Financial Wisdom, January 2025 Thank you for your attention, and I wish you success in your trading endeavors! Risk Disclosure Please note that all trades in financial markets carry a high level of risk. Your capital may be at risk, so it is essential to conduct proper analysis before entering any trades and to implement risk management strategies. Wishing you all the success! Fereydoon Bahrami "A retail trader in the Wall Street trading Center (Forex)."
Trading the down trend since High of the Week (Direction Trading) until the direction changes. Change of direction confirmed at HOD breakout.
Hmm, looks like ALGO, like most cryptos, is currently at a key decision point. Currently, we are sitting below the 0.382 Fib level, which acted as support some time ago. If bulls defend this zone, we should see another rocket toward the 0.5 and 0.618 Fib levels at 0.53 and 0.82, respectively. ? EMA Structure – ALGO is testing the EMAs, and a bullish cross formation is approaching, which could be a strong bullish signal if confirmed. ? Fib Levels – If we hold this zone and start moving up, the next key resistance lies around 0.53 (0.5 Fib), followed by 0.82 (0.618 Fib). A breakout above 1.55 (0.786 Fib) could trigger a full retracement towards 2.25 (0.886 Fib) and even push us toward new highs, similar to what we've seen with big bro BTC. ? Stoch RSI – Approaching oversold levels, signaling that a reversal could be coming soon if momentum shifts back up. If we see a bounce from here, we could be looking at a strong rally in the coming months. However, if the 0.343 support fails, we might see a deeper correction before any upside move. Let’s see how it works out! ?
I think is is highly likely to see another impulse move to the downside marking the final C wave of the ABC correction before going up.
https://www.tradingview.com/x/OVu7mY6w/ My dear subscribers, CHFJPY looks like it will make a good move, and here are the details: The market is trading on 170.90 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 170.21 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
From a technical perspective, the EUR/USD pair shows mixed signals across different timeframes, creating an interesting setup for traders. On the 4-hour chart, the broader trend remains bearish, with clear break-of-structure (BOS) events marking lower lows, reinforcing downside momentum. However, the 15-minute chart shows a sign of recovery as the price forms higher lows, though it's still confined within a range. Indicators reflect this indecision. MACD is flat across all timeframes, suggesting a lack of momentum, while ADX values between 17 and 22 confirm weak trend strength with no clear directional bias. ATR remains low, signalling reduced volatility. Volume analysis shows spikes at key support and resistance levels, but tapering volume during consolidations hints at market hesitation. From a macro perspective, while sentiment may be moderately volatile outside of Trump's tariff talks, the Eurozone continues to experience sticky inflation figures, as seen in Monday's CPI print. The JOLTS and ADP reports would likely be distorted against the current backdrop of uncertainty that would develop from tariffs the U.S. imposes on others. Trade Idea. Bull Case (scalping) Entry Trigger: 1.0340 breakout above weak high Stop Loss: 1.0330 Target: 1.0355 (which is the scalping resistance) Risk-Reward Ratio: ~1:2 Bull Case (Swing) Entry Trigger: Enter long near 1.0300 Stop Loss: 1.0280 Target: 1.0370 (4H High) Risk-Reward Ratio: ~1:3 Bearish Case (scalping) Entry Trigger: 1.0335 (Enter short) Stop Loss: 1.0355 Target: 1.0310 Risk-Reward Ratio: ~1:2 Bearish Case (Swing) Entry Trigger: 1.0300 Stop Loss: 1.0315 Target: 1.0260 Risk-Reward Ratio: ~1:3 In conclusion, the Eurozone's CPI print will be a key factor driving short-term momentum. A higher CPI print would significantly impact the market. Alternatively, weaker job figures could continue the EUR's short-term momentum. Conversely, stronger JOLTS and ADP figures keep the Fed on the current rate trajectory, spurring a price reversal in the EUR's momentum. Due to the volatility, scalping might not pose the most favourable strategy this week.
Der Stundenchart von Gold verläuft in einem klaren Aufwärtskanal und zeigt einen soliden Aufwärtstrend. Der aktuelle Preis liegt nahe der oberen Grenze des Kanals bei 2.836,23 USD und zeigt einen allmählich volatilen Aufwärtstrend. Das Diagramm der steigenden Kanalstruktur zeigt, dass Gold seit dem Tief von 2.657,50 $ einen stabilen steigenden Kanal gebildet hat. Die untere Spur des Kanals bietet starke Unterstützung. Nachdem der Preis viele Male auf die untere Spur zurückgefallen ist, wurde er durch Kaufaufträge unterstützt. Gleichzeitig ist die obere Spur eine Druckzone. Der aktuelle Preis liegt nahe der obere Kursbereich von 2837 US-Dollar. Der zukünftige Trend muss genau beobachtet werden. Ein Ausbruch oder ein Pullback einer Position. Wichtige Punkte Unterstützungsniveau: Die jüngsten wichtigen Unterstützungsniveaus liegen bei 2774,06 USD bzw. 2733,60 USD. Wenn der Preis zurückgeht, kann er auf diesen Niveaus auf Kaufunterstützung stoßen. Widerstandsniveau: Kurzfristig liegt der wichtige Widerstand oben bei 2.837,25 $ (aktuelle obere Schienenposition). Ein Ausbruch über dieses Niveau könnte zu einem Test von 2.850 USD oder mehr führen. Bullisches Momentum Die rote Trendlinie zeigt, dass der Goldpreis nach mehreren Korrekturen ein bullisches Muster mit allmählich höheren Hochs und Tiefs gebildet hat und die Bullen offensichtlich stärker sind als die Bären. Bewegt sich der Kurs weiterhin entlang des Kanals nach oben, wird sich der Aufwärtstrend kurzfristig fortsetzen. Potenzielle Trends Optimistisches Szenario: Der Preis durchbricht die obere Grenze des Kanals (2.837 USD), bildet einen beschleunigten Anstieg und testet voraussichtlich den Bereich von 2.850-2.860 USD. Pullback-Szenario: Wenn der Preis blockiert ist und auf die obere Spur zurückfällt, kann er auf 2.810 USD oder die untere Spur nahe 2.780 USD zurückfallen, um Unterstützung zu suchen. Fundamentalanalyse Die Risikoaversion hat auf dem Weltmarkt in letzter Zeit zugenommen und die Schwächung des US-Dollarindex hat den Goldbullen Unterstützung geboten. In Zukunft müssen wir auf wichtige Wirtschaftsdaten (wie etwa Daten außerhalb der Landwirtschaft) und die Zinserhöhungen der Fed achten, da diese Faktoren direkte Auswirkungen auf die Schwankungen des Goldpreises haben werden. Fazit: Gold befindet sich weiterhin in einem Aufwärtskanal und der Aufwärtstrend bleibt kurzfristig unverändert, wir müssen jedoch auf das Widerstandsrisiko in der Nähe der oberen Linie des Kanals achten. Anlegern wird geraten, den Durchbruch der Marke von 2.837 US-Dollar und die Entwicklung des Unterstützungsbereichs von 2.770 bis 2.780 US-Dollar aufmerksam zu beobachten, um potenzielle Handelschancen zu nutzen.