The good news for long term holders is that PEPE is currently above the 200 EMA and is consolidating inside of the golden zone of a Fibonacci level on top of a support level. However, there is a possibility that if we get a break out, it might be significant. If a bearish breakout, price action could possibly touch the 200 EMA if price action is positive hopefully to the previous highs.
Gold price (XAU/USD) edges lower amid thin trading following the Christmas holiday, trading near $2,630 during the Asian session on Friday. However, the safe-haven asset could find upward support as markets anticipate signals regarding the United States (US) economy under the incoming Trump administration and the Federal Reserve’s (Fed) interest rate outlook for 2025Gold, a non-yielding asset, gains traction as moderate US PCE inflation data challenges expectations of limited Fed rate cuts next year, hinting at the possibility of more reductions. The safe-haven appeal is bolstered by heightened geopolitical risks stemming from the prolonged Russia-Ukraine conflict and ongoing tensions in the Middle EastThe precious metal is on track to close the year with an impressive 27% gain, marking its best annual performance since 2010. This surge has been fueled by central bank purchases, escalating geopolitical uncertainties, and monetary easing by major central banks
Beautiful price action from the Pound Aussie signifies a potential short trade for a long period to take out previous lows.
Nifty has failed from the days high. Clear rejection and break of the neck line. Price continues to trade below Monthly & Weekly Pivots. Sentiment is negative. Target would be the 23,750.
While its not necessary obvious to guess next move on BTC, some alts like ADA can help a lot ADA made a rebound on the weekly 200MA on the 20th of December, that mark was also a support from the previous high made in feb 2024 and another support on feb 2022 as we are talking with big timeframes, chances for the asset to go under 20th December lows are very unlikely (but still possible), making the WHOLE crypto market still very bullish what now ? We can easily revisit ATH at 3, the faster we reach it, the higher we can go next 3 possibilities : February, April or September not financial advice Cheers
Yesterday, after a decline in Bitcoin, signs of defense appeared and each new drop was absorbed by buyers. Currently, there is a high probability of a reversal and movement towards the selling zone of $100,000-$102,000. Upon renewal and consolidation above the zero point of $96,630 on the hourly timeframe, an intraday long position can be considered on a pullback. In the reverse scenario, we should expect a test of the $92,300 level. After reviewing the chart on the daily timeframe, we identified an additional liquidity zone of $90,600-$86,300. Buying zones: level $92,300(local low), $90,600-$86,300(accumulated volumes), ~$80,000(volume anomaly), $77,000-$74,000(large volume zone). Selling zone: $100,000-$102,000(mirror volume zone). Interesting altcoins For GMT , volumes have appeared that reversed the price. When it pulls back to the zone of $0,162-$0,148 (concentration of maximum volumes), we open a long position https://www.tradingview.com/x/mzncT4Qd/
Bitcoin (BTCUS) is having in the past 2 weeks the technical correction is should based on the previous Bull Cycle. As you can see, since the U.S. elections it has rallied aggressively past its previous All Time High (ATH), same way it did in December 2020. ** Bitcoin and Doge during 2020 ** At the same time, the alt coin market was mostly consolidating in preparation of a bullish break-out. A representative example of such behavior would be Dogecoin (DOGEUSD) as seen in orange on this chart, which during BTC's December 2020 rally, it was consolidating/ pulling-back (green circle) from an initial rally. However it remained significantly below its previous ATH, the same way it is now. ** The DXY decline sparking crypto rallies ** Notice the U.S. Dollar Index (DXY), displayed by the green trend-line on this chart. Right now it is has been rallying in the past three months, at the same time as Bitcoin has. In the previous Cycle in 2020, it hit a top during the COVID March 2020 market crash and with the smashing of the Interest Rates, it started a Channel Down decline that backed perfectly Bitcoin's rally. We has the exact same DXY-backed rally during Bitcoin's 2017 Bull Cycle. As a result, we are seeing a paradox on the current Cycle: BTC entering its most aggressive phase (Parabolic Rally) of the Bull Cycle and rallying despite DXY rising. That is attributed of course to a large extent to the huge ETF inflows (something that wasn't present in 2020). ** Overdue DXY decline? ** This leads us to believe that an overdue decline on the DXY, just as the Fed has initiated a new cut Cycle (as they did during the COVID crash), will push Bitcoin and especially the alts market, including Doge, to a new rally. Of course DXY's decline may not be as aggressive this time, as the stimulus shouldn't be that high (especially with Powell's recent remarks on a 2 rate cut expectation in 2025 instead of the previous projection of 4), but it could be enough to spark the final BTC rally of the Bull Cycle and the much anticipated Altseason. So do you think the market will rally once more on a potential 'delayed' DXY drop? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE ?, FOLLOW ✅, SHARE ? and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ?????? ? ? ? ? ? ?
Watch that one carefully. Price respected the 0.618 retracement and Seasonaliyt is on our side as well. I personally try to buy after trendline is broken to the upside and next candle gives confirmation. good luck have fun peace! - leave a like or comment or write me a pn directly -
Bitcoin Santa rally' buyers step in to drive BTC price to FWB:98K and Open Entry Trade. Bitcoin (BTC) passed $98,000 after the Dec. 24 Wall Street open as "large spot buyers" lifted deflated BTC price action.The latest data from monitoring resource CoinGlass put 24-hour BTC short liquidations at nearly $40 million at the time of writing, with the cross-crypto total at $150 million. "Nice strength in bitcoin today," fellow analytics account Bitcoindata21 continued alongside a chart showing necessary volume-weight average price (VWAP) levels to reclaim next. Santa rally talk returns as BTC price gains $5,000 Data from Cointelegraph Markets Pro and TradingView showed BTCUSD hitting new local highs of $98,020 on Bitstamp. Up by more than 3% on the day, Bitcoin attracted fresh bids after a shaky start to the week saw a retest of December lows."Yesterday, Bitcoin showed some signs of a relief rally after which price was rejected to almost new lows. Today, Bitcoin is rebounding yet again and once again into the old support," he wrote. "Overall, as long as the previously lost supports turn into new resistance additional downside should be expected. Conversely, a reclaim of these previously lost supports would obviously be bullish." #BTC☀ #BTCNextMove #BinanceAlphaAlert #BTC????? #SUBROOFFICIAL Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not available for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.
everything is rigged. im 42 now. been trying to teach myself for over 10 years. thought this prop thing was real....its not...all inside jobs. i accept the hand i was dealt...the last job legally to get rich in Amerika was just a kon job. fuck this