In this video I go in depth as to why we believe we are set to see higher prices on USDCHF and the US Dollar as a whole. On the monthly timeframe we can see a large ranging market for USDCHF but we believe this time it will different. Check out the video to find out why in detail! - @BlueOceanFx
I noticed the waves and wanted to share my thoughts. Any comment welcomes
Testing the trend. Stayed within the channel as expected.
If the idea of $TLOS doing a Wycoff Accumulation is accurate then $TLOS / CRYPTOCAP:BTC is in Phase C of the Accumulation retesting the floor before moving up in a parabolic way. Telos is the first L1 releasing their own Centralize Exchange #CEX Telos X - Roadmap indicate it will be released on 2025 - Q1, meaning very zoon. 100% of the fees of #TelosX will be used to buy-back $TLOS and the community will vote to determine what to do with them, a poll was held on one of the non-official Telegram chat, and the community at the moment want to burn all the $TLOS, this could potentially made $TLOS a deflationary asset and you all know what that means, less tokens, the buy pressure will push the project to higher price. Other options are, adding LQ, supporting DEFI growth and more. At the moment I will dare to say no other project offers the R:R opportunity that $TLOS does, in addition the utility and everything the team is working could potentially place $TLOS in the top 50-20 by MC. Some to research about: - SNARK-tor -Telos zkEVM with Hardware Acceleration is Now Live - TLOS zk-EVM - TLOS X - CEX - TLOS Zero - 50,000 TPS - Fastest TLOS EVM - 15,200 TPS - Adjustable BP Payments - Defi - Tekika -Quantum Ready Telos was launched without ICO, NO VC, Zero Unlocked Tokens - The closest thing to CRYPTOCAP:BTC with better capabilities than CRYPTOCAP:ETH , CRYPTOCAP:ADA , CRYPTOCAP:XRP , CRYPTOCAP:AVAX +++ Telos offers great opportunity for those investing in real product with a long-term mindset.
Xau usd broke resistance after making several attempts. Right now it seems like it will retest the resistance and flip it into support. Overall weekly and daily chart is also looking bullish. Furthermore it must sustain this level to gain more strength to go upside. There can be a sharp wick to the downside to eliminate retail long positions or SL hunt. Hence SL is below swing low to be on the safe side. Every setup is a probability and we as traders work on probabilities. Therefore managing risk will be a good approach before taking any trade. trade safe and HAPPY NEW YEAR
Hi folks today I'm prepared for you Bitcoin analytics. Some time ago price declined to the support level, which coincided with the support zone, and then at once made impulse up to the resistance zone. After this movement, BTC turned around and dropped from the resistance zone to 90500 points, after which quickly backed up and then corrected to the support level. Later price started to grow and soon reached the resistance level again and then broke it, after which made a retest and rose to the trend line. After this movement, BTC turned around from the trend line and made an impulse down to the support zone, even a little below, breaking resistance with support levels. Soon, the price rose higher than the support level but later fell back and then finally rose. Next, BTC some time traded near the 94500 support level and later dropped below this level one more time, after which started to grow and rose to the rend line, where at the moment it continues to trades close. In my opinion, BTCUSDT will make the mall correction and then bounce up to the resistance level, breaking the trend line. That's why my goal is the 102500 resistance level.
Following are the factors which can be involved in Bullish Reversal. 1. Bullish Divergence on RSI 2.Double Bottom Pattern
Price mitigate a Daily supply zone, order flow is bearish. 15min order flow shift bearish, liquidation and entry : 1/3 RR
It worth to try. Clear Positive RSI Divergency. If it flip the bottom of the HTF above, I target to EQ level. If I see any weakness on bottom of HTF. Take the profit and then open short position. Two possible plan for you :)
This outlook was written yesterday and was taken down however Im back on to reanalyze XAUUSD in detail again!. As we all know XAU(GOLD) has been rallying since 2022 from $1680 price ranges and showed no signs of slowing down. My current outlook on gold is that we will continue to see higher prices if, and only if gold can break out its current range of $2560-$2750. However we can scale down to lower timeframes to take advantage of this current ranging market. All the details are explained in the video. If you found this analysis helpful please make sure to like, share and follow us for more market break insights and trade ideas. You can also send me a private message on telegram to access our free channel where i post consistent daily scalp trades. @BlueOceanFX