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Ascending Channel

An update on the monthly log channel chart from AprilI posted this chart idea originally all the way back in april when I discovered that all the major tapas and bottoms of the market since the 2017 top until now are all in a very clear set of rising channels seen best on the 1 month log chart as shown here. We can see since that time in April, Bitcoin has now broken back upward and is very close to retesting this super strong trendline just above it currently around 47-48k. This trendline is likely to be significant resistance, however there is a chance during a moment of extreme fomo where we could break above this trendline and retest the lighter green ascending trendline with a wick which is currently sitting around 56-58k on the current monthly candle. Ultimately my guess is the trendline just above current price action at the 48k zone is likely to maintain candle body resistance and lead to the next big market correction. It may even maintain wick resistance too but I still believe we can possibly wick above it and retest the trendline just above it with a wick before ultimately closing whichever candle gets above it’s candle body below the 48k trendline. Once this happens, the first zone I’m going to be watching to hold support is at the 1month 50ma shown here in orange. There’s a decent chance we could correct even lower than that but that will be the first zone I watch for a potential reversal back into the uptrend. For now though I think it’s completely possible to go as high as the 56-58k zone with a wick while still maintaining the trendline just above this current area as resistance but I wont be surprised if that trendline at 48k is so powerful we cant even get a wick above it either. Both seem quite probable to me at this point. I am going to attach a link to my original channel idea on this update as well so you can see where this channel discovery originated from. *not financial advice*
INDEX:BTCUSD
by DrDovetail
2
Gold will Go UP at least to PRZ!!!Gold ( OANDA:XAUUSD ) started to rise again after the conflict started in Syria as if the Middle East does not want to be calm (unfortunately). Every day is a new story. Gold started to rise again from the Support zone($2,644-$2,624) after the high point and is moving in an ascending channel . According to the Elliott wave theory , Gold seems to have succeeded in completing microwave 4 , and we should wait for it to rise again . I expect Gold to rise at least to the upper line of the Ascending Channel and Potential Reversal Zone(PRZ)($2,675-$2,668) . ⚠️Note: We can expect more dumps if gold touches $2,647.⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
5
XRP → ATH is getting close. Consolidation before the rallyBINANCE:XRPUSDT rallies to ATH. The three-year accumulation is starting to realize itself and thanks to a tailwind - Trump, the coin makes a jump of 140% At the moment the coin is in consolidation after the rally. There are no technical prerequisites and reasons for a reversal and fall, the price is accumulating the potential for continued growth. The focus is on the resistance at 1.523 and 1.6300. Breakthrough and consolidation of the price above this zone will provoke aggressive purchases, which may lead to a new impulse. It is possible that the local correction of bitcoin may put a slight pressure on the coin, which in turn before further growth will test the area of 1.4116 (strong resistance from September 2021), or the lower boundary of consolidation - 1.2775. Resistance levels: 1.5234, 1.6300 Support levels: 1.4116, 1.2775, 1.2133 So, since we have a bull run, an ascending channel and a strong consolidation, in this case it is logical to consider buying only, which can be done only from the support or after the resistance breakout. The target in the form of ATH 1.9669 is getting closer and closer :) Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:XRPUSDT ;) Regards R. Linda!
Long
by RLinda
31
EURJPY → Support breakdown. Attempt to change the trendFX:EURJPY seeks to renew lows. The dollar rally is negatively affecting both JPY and EUR. The Eurozone has yet to face Trump's policies, while Japan is already going through a rough patch.... The currency pair is exiting the ascending channel, hinting at a trend change. The price breaks support and consolidates in the selling zone. Ahead is the key support at 161.2, the breakdown of this zone may provoke the bears to more active actions. Technically and fundamentally, the currency pair is entering the downward rally phase, so the trend change is just the beginning.... Resistance levels: 162.04, 162.5, 163.2 Support levels: 161.16, 158.4 The focus is on the channel boundaries, resistance at 162.04 and support at 161.16. From these zones an aggressive fall may be possible, as buyers do not believe in a positive outcome at the moment Rate, share your opinion and questions, let's discuss what's going on with ★ FX:EURJPY ;) Regards R. Linda!
Short
by RLinda
4
USDJPY → False breakdown of uptrend supportFX:USDJPY is forming a false breakdown of the support of the ascending price channel. On the background of the dollar rally and strong sales of the Japanese national currency, it can be a good signal for the continuation of growth On D1 we can clearly see the upward, bullish market structure. There are no deep corrections, strong fundamental background and aggressive support from the rallying dollar. This picture may have a medium-term character and the market has a chance to test the ATH, provided that Japan does not start to take any measures to strengthen the JPY. Technically, the currency pair is consolidating above the strong support at 153.9 and intends to go even higher. There are two strong resistances ahead. Support levels: 153.9, 153.5, 152.2 Resistance levels: 155.36, 155.8, 156.7 Accordingly, a price fixation above trend support or above 155.4 will be a good signal that we are ready to go up Rate, share your opinion and questions, let's discuss what's going on with ★ FX:USDJPY ;) Regards R. Linda!
Long
by RLinda
19
APE → Consolidation before a possible rally. Focus on 1.200BINANCE:APEUSDT is forging a consolidation within an ascending price channel after the dump, this is a hint that the coin is getting ready to go up. Smoothly the global trend is changing to bullish. The alt season could start any minute and everything partly depends on bitcoin's dominance in the market, which is gradually decreasing as BTC approaches the psychological level of 100K. Technically, APE is forming a consolidation with 1.200 as resistance and 0.90 as support, but within this range, an upward channel is forming, indicating that buyers are starting to intervene in the game, gathering potential for further upside. A break of 1.200 could trigger a bull run towards 1.44 - 1.800. Resistance levels: 1.200 Support levels: 1.032, 0.963, 0.9 Technically, we can say that an ascending triangle is forming against 1.200. I do not exclude the fact that the price may test the support before further growth, as altcoins react extremely aggressively to any weak corrections of bitcoin. But, I would prioritize trading on a break of 1.200 resistance with the aim of further growth Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:APEUSDT ;) Regards R. Linda!
Long
by RLinda
3
Getting closer and closer to the bullflag targetsTwo of the biggest patterns bitcoin has broken upwards from this year are both bull flags and they both have a bullish confluence measured move breakout target of around $99,999. The first one that’s been forming the longest from we actually broke upwards from all the way back n February or March, and here is what it looks like: it was all the way back then I knew we would eventually reach this target and it’s extremely satisfying to click play and watch price action go directly to the target. You can see the price target for that one shown at the chart on the top of this page at the top of the dotted purple line. The other big bull flag of this year we only just recently broke upwards from in October, and it has also had beautiful priceaction unfold perfectly shown here: Clicking play on this chart also is amazing to watch it seemingly go up and hit the exact target with the dotted red line acting as a magnet. That same dotted red line can be seen on the chart image above on this current chart idea. Even though on both of those charts it looks like we have already hit the exact target, when you zoom n on the daily time frame here you can see that we came within a whisker of hitting the $99999 target but still have only gotten just below it. IN the process recently we have been consolidating in a rising wedge (as indicated by the diagonal pink trendline) and a rising channel (the ascending red trendline + the dotted red trendline). The rising wedge also can qualify as a bullish pennant and when you factor in the pink flagpole to where price has broken above the top trendline of the wedge, the measured move target for a breakout of such a pennant is around $116k. Rising wedges default mode is to break down instead of up, but in a parabolic bull phase many of them can consecutively break upwards, I do believe at the very least price action will finally reach both the dotted red and dotted purple targets. However, since that was the full target for two of the most pivotal bullish chart patterns of the year that may actually be a good time for it to make a solid correction. We also have the psychological resistance of 100k where many people would likely take profit at which could add to the liklihood of a correction in that range. Usually once price gets this close to a psychological level it tends to hit it so it would not surprise me at all if we hit 100k before the correction, there’s also a chance we could hit the little pennants 16k breakout target before the correction too but if we correct right after 100k, right after the 115-116k target zone, or just above that at the next big resistance area around 120-130k which is the top green trendline of this series of channels on the log chart: My belief is the correction will go down to fill the gap that was created in the CME bitcoin futures chart shown here: . I think it could likely retest that zone right around the 1day 50ma (in orange) rises up to meet that zone. My goal is to wait for a pullback back around there or back to the neckline (in yellow) of the big cup and handle we broke up from just recently, I will look for those levels as potential zones to make any additional entries into the market. The cup and handle has been by far the absolute biggest chart pattern of the entire year, however the channel of the red bullflag is also the handle of the cup and handle. Will be interesting to see how much of the above plays out how I anticipate it will. *not financial advice*
BITSTAMP:BTCUSD
by DrDovetail
SOL → One step away from ATH. Will the maximum be updated?BINANCE:SOLUSDT is rallying and testing the high of 248.44, but what is remarkable is that the coin is not pulling back, but consolidating with the aim of reaching ATH or even updating it. The fundamental background of the coin is strengthening as an exchange-traded fund may emerge on the basis of Solana, most likely the issue will be discussed in 2025. There are only 2 ETFs approved so far, bitcoin and etherium. Technically, on W1 the bulls are trying to take control of the 243-244 area. Buyer's chances are quite promising, accordingly, if they manage to keep the defense above this zone, the coin has all chances to form a new all-time high. Resistance levels: 245.3, 248.5, 259.9 Support levels: 242.3, 234.3 The trigger zone is 245.3. A breakthrough and price consolidation above this zone may provoke aggressive buying with the purpose of growth continuation. It is possible that the price may form a correction, for example, to 242.3, 238, 234 before continuing its growth Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:SOLUSDT ;) Regards R. Linda!
Long
by RLinda
1
XAUUSD Bearish Reversal: Double Top and Golden Pocket Breakdown!OANDA:XAUUSD - 2Hr The analysis suggests the market is showing bearish signals, particularly after price rejected at key resistance zones during the Asian session. The Ascending Channel indicates an upward trend, but the breakdown from the channel signals that bullish momentum is weakening. Key Elements Driving the Short Trade: 1. Golden Pocket (0.5–0.618 Fib): The price has reached the Golden Pocket (between 0.5 and 0.618 Fibonacci levels), a strong reversal zone. Rejections in this zone often signal a potential change in trend, especially when combined with other bearish signals. 2. MML Major Resistance: The MML Major Resistance suggests that the market is encountering a significant obstacle, further validating the potential for a reversal. 3. Strong Resistance: The price is facing Strong Resistance at higher levels, which is causing the price to struggle and reject, confirming the reversal bias. 4. Double Top: The Double Top pattern at the Golden Pocket indicates that the price has attempted to break higher twice but failed, signaling weakness and a likely bearish shift. This pattern often leads to a trend reversal. 5. Price Gap: A Price Gap further confirms a shift in market sentiment, with a possible imbalance or sudden price movement that reinforces the bearish view. Current Price Action: During the Asian session, price broke down from the Ascending Channel, signaling a shift from an uptrend to a potential downtrend. The breakdown occurred near Equilibrium and the 50% Fib retracement, reinforcing the idea of a reversal as this is where price typically finds resistance in a trend. The Double Top at the Golden Pocket suggests a strong potential for a downward move as the price has failed to continue higher. Currently, the price is above a Strong Pivot Point, which is acting as support, potentially leading to a short-term pullback or consolidation before the bearish move continues. Interpretation: The combination of the Golden Pocket, Double Top, and rejection at key resistance levels gives a strong bearish signal. The ideal entry point would be after confirmation of price breaking below the Strong Pivot Point or failing to sustain above it, with a target near the next support or at Price Gap, as mentioned Price target. Place the stop loss just above the Double Top or near the Strong Resistance zone to limit risk in case the market reverses back up. In conclusion, the market is showing signs of a bearish reversal after rejection at multiple key levels, and the analysis points toward potential short opportunities with proper risk management. "Stick to Your Plan and Manage Risk, Happy Trading!"
OANDA:XAUUSDShort
by SpicyPips
BITCOIN → Bullish run to $100,000. When's the correction?BINANCE:BTCUSD is consolidating after a strong rally. Most likely the token is preparing to go even higher. The target of 95K-100K is getting closer and closer and is becoming more and more realistic. FOMO or managed to get on the northbound train? The fundamental backdrop is strong. Trump has been a driver for bitcoin and the cryptocurrency market. The phenomenon as a whole is quite interesting. Bitcoin is coming out of a 9-month accumulation and is strengthening by 34% as part of the rally. Can this rally be even bigger? Yes! And there are bullish premises for that: Technically, bitcoin is not trying to update the lows. It is forming a smooth, calm and upward movement with gradually updating highs, and in the last two days the price has been accumulating in front of a strong resistance level. An ascending price channel is forming on H1-H4. The recent 7% retracement of the ATH is nothing more than profit-taking. There are no funadamental and technical reasons for a deep correction yet. Resistance levels: 91650, 93250 Support levels: 90300, 89200, 87500 At the moment consolidation is forming near 92K. The emphasis is on 91650. A breakdown and consolidation above this area may trigger a continuation of the impulse (rally). I do not exclude that on the background of reduced liquidity (Saturday/Sunday), bitcoin may test the support area before further growth. Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSDT ;) Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
53
SPY LOVERS, BE READY ! This week, I decided to remove some objects I had in the chart history as references, which we’ve been analyzing, to make some space and clean up the chart a bit. After reaching all-time highs, the price has naturally begun a retracement. But what’s new in technical analysis? Let’s analyze the price together: In this case, I added an ascending channel where the price follows an upward sequence, bouncing between support and resistance. Here’s the million-dollar question: How much further can the price drop? If we look at the chart, I marked a very important line in red or maroon color at $575.12, which aligns with a resistance pivot and two indecisive candlesticks with identical volumetric bodies. Often, indecisive levels are key to how the market makes sudden decisions after an indecisive candle. In this case, if we pay closer attention, the indecisive level marked in maroon color is positioned exactly at the support of the ascending channel. This suggests how far the price might fall, and we could potentially see a rebound. For me, this would be the primary scenario. But... If the price breaks through this level, my second scenario would be a drop to the order block. Since this level has acted as both support and resistance in the past, I can validate it as my secondary inflection zone or "Inflection Block." You might wonder: What on earth is an inflection zone? As I’ve mentioned multiple times and explained in some of my analysis, inflection zones—or points of inflection—represent moments where there’s a significant change in the price’s direction within a trend, whether in a market, an asset, or an economy. On a trading chart, an inflection point is the spot where the chart changes direction or marks an important decision. An inflection zone can also be a historical area on a chart. As we can see, my order block is already being considered an inflection zone because the price has historically made key moves within it. and i called it "Inflection Block" (See the white arrows). Thank you for supporting my analysis. TRADE SAFE Best regards!
AMEX:SPYShort
by RocketMike111
A subtle channel breakout most people wont notice on xrpThis channel is a little sneaky as the majority of the key touches on the top trendline happened earl on in the beginning of the channel, the 3rd resistance of the top trendline of the channel is much more visible on the 4hr chart but I wanted to show it on the 1day chart to see the entire channel in the frame more easily. Rising channels breaking upward are always a good sign that we are starting to enter the parabolic phase of a bull market. Already well on its way to reaching this target. *not financial advice*
BITSTAMP:XRPUSD
by DrDovetail
Bitcoin - You will mine Bitcoin with your body! (Terrifying)Microsoft has patented a "cryptocurrency system using body activity data," meaning that people will generate cryptocurrency from their body energy. Coupled with the nanotechnology inside the next generation of vaccines (not COVID-19 vaccines), each vaccinated person could in addition act as an antenna or transmitter. Patent Number: WO2020060606 ( patents.google.com ) Neurolink and microchip in your brain from Elon Musk connected to Starlink to mine Bitcoin, supported by Donald Trump and Bill Gates. Pay attention to the patent number; you see 666? Everyone knows that 666 is the mark of the beast symbol (antichrist), together with symbol X. How can the future look? All this information is no secret and no conspiracy, so I only say, in short, what is in the Google link above. Mining Bitcoin with graphics cards/ASIC can no longer be needed. Why? 8 billion people can mine crypto with their body energy without even knowing it. Of course this will drain your life force energy, and you may feel extremely fatigued the whole life. And I don't want to talk about living the whole life in depression and anxiety with a microchip in your brain. So, do you still love Bitcoin? Do you like Elon Musk, Bill Gates's vaccines, or Donald Trump? If yes, then you will probably be the first on line to implement this technology in your body and the first who will need medical drugs to sustain this hardcore body pressure. Again, this is not a conspiracy; this is real, and you can read the article on the website above. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades! I expect Bitcoin to retest the previous ATH from March. First profit target: 79k, second: 76k, Third: 74k.
Short
by Xanrox
119
NZDJPY → 92.00 - bull run triggerOANDA:NZDJPY continues to accumulate pre-breakout potential against 92.000 resistance. Japan's national currency continues to weaken amid inaction from the country's Central Bank and the dollar rally... On D1 and H1, the structure coincides and generally tells us that the price is ready to go up. Trigger 91.950 - 92.00. If buyers can break this resistance area and hold their defenses above this zone, a quick distribution will not be far behind. JPY confirms its downward course by breaking support, which generally defines the medium-term potential for us. Resistance levels: 92.00 Support levels: 91.362 The overall structure will be broken when the support at 91.36 is broken, but there are no hints of that yet. The currency pair does not fall after the false breakdown of resistance, but continues to inflate the potential, which generally confirms the bullish intentions to go higher. Rate, share your opinion and questions, let's discuss what's going on with ★ OANDA:NZDJPY ;) Regards R. Linda!
Long
by RLinda
4
Bitcoin Roadmap!!!==>>Short term!!!Bitcoin ( BINANCE:BTCUSDT ) created a New All-Time High(ATH) over the weekend. In your opinion, how far will this upward trend of Bitcoin go!? Because Bitcoin has never had a price history before, analyzing its end is a bit complicated. Of course, I will try to find the end of this Sharpie movement with technical analysis tools and On-chain data . Bitcoin has been moving in the Ascending Channel on the 15-minute time frame for the past two days . According to the Elliott wave theory , considering that Fear Of Missing Out(FOMO) is in the market, wave 3 has been extended . It seems that the Upper line of the Ascending Channel and Potential Reversal Zone(PRZ) can be the end of the main wave 5 . Then, wait for the correction. I expect this Bitcoin Sharpie correction to happen if the correction starts. Fundamental Conditions of Bitcoin: 1-The Fear and Greed Index is in the Extreme Greed Range, and Bitcoin's movements are showing this very well. 2-The Funding Rate for Long positions is very high and in the risk range. Anyone can log in anywhere😂. 3-Open Interest is in the maximum range and can be a warning to start correction in Bitcoin. 4-Lower prices are attractive areas for liquidating long positions. 5-100% of Bitcoin wallets are in profit. 6-I consider the fact that all the famous people in the cryptocurrency market talk about the higher price of Bitcoin, for example, 200 thousand and 300 thousand dollars soon, a warning because whenever these people talk about these goals, Bitcoin has been corrected after some time. So, according to your strategy and capital management, enter the financial markets, especially crypto, which is more risky. ------------------------------------------------------------ Finally, I expect Bitcoin to correct to at least $80,000 after breaking the lower line of the ascending channel and the Support zone($81,850-$81,500) . ⚠️Note: We can expect more pumps if Bitcoin breaks the Potential Reversal Zone(PRZ) ⚠️ 🙏Note: This is only a personal analysis; please follow your strategy and respect all ideas.Thanks🙏 Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
10
Bitcoin is Ready for Correction==>>Short term!!!Bitcoin ( BINANCE:BTCUSDT ) is moving in an ascending channel in the 15-minute time frame, and we can also see another ascending channel in the 1-hour time frame . Currently, Bitcoin is moving near the upper line of the ascending channel(Big) and Potential Reversal Zone(PRZ) . According to Elliott's wave theory , Bitcoin seems to be completing the main wave 5 . I expect Bitcoin to decline to at least the Support zone($75,400-$75,000) and the lower line of the ascending channel(Small) after the completion of the main wave 5 . Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
24
Bearish Reversal Signals: Will the Price Reverse?4H Timeframe Current Price: 20,030.9 Bearish Signals: • Rising Wedge (Bearish Reversal) • Ascending Broadening Wedge (Bearish Reversal) Expect the price to test the first price target (PT), followed by the second. Resistance may trigger a bearish reversal after reaching these levels. If the price finds support, we may reach the third PT, which is at the upper trendline of the rising wedge. Then, after reaching our bullish targets, the price would likely start its bearish reversal to eventually reach 18,749.0. Price Targets: Bullish: • 1st TP: 20,210.3 • 2nd TP: 20,351.4 • 3rd TP: Upper Trendline of Rising Wedge Bearish Reversal: • 1st TP: Broadening Wedge Lower Trendline • 2nd TP: Lower Trendline of Rising Wedge • 3rd TP: 18,749.0 Happy Trading!
OANDA:NAS100USDShort
by SpicyPips
9
GBPUSD → Negative fundamental background. Going to 1.2500FX:GBPUSD is reversing after a retest of strong resistance with no opportunity to enter the liquidity zone. The negative fundamental background is confirmed. The dollar is flying upwards. News channels and not only already declare about the victory of Trump, whose policy is directed towards the strengthening of the dollar. Markets are starting to react accordingly. As for GBPUSD, in the last article I focused your attention on 1.2813 and 1.305: If after a pullback to the resistance the price starts to retest the support, the chances of a breakdown and further decline will increase. The fundamental background, formed at the moment, is favorable for the fall of the currency pair. Resistance levels: 1.294, 1.30, 1.3044 Support levels: 1.2813, 1.2672, 1.25 The technical and fundamental background are going in the same direction. Emphasis on the key support. A slight pullback is possible before further breakout. Also continue to follow the news! Rate, share your opinion and questions, let's discuss what's going on with ★ FX:GBPUSD ;) Regards R. Linda!
Short
by RLinda
11
APEUSDT → Is the dump still in progress? Emphasis on resistanceBINANCE:APEUSDT in the dump phase updates lows. Consolidation and a slight pullback is forming before important news from the US. There is a storm ahead! The coin pump is most likely a manipulation of fundamental facts related to the launch of Level 3 blockchain. But based on the overall situation, traders do not believe in further growth ... Technically, the coin is in the channel 0.963 (deeper 1.032) -0.900, accordingly, at the time of writing, prices are diving after bitcoin as markets are betting on Trump's victory, which puts a favorable wind on this market. But the outcome could be 50/50 as the politicians in the race go toe-to-toe... I emphasize the range boundaries to form a short and medium term strategy for APE. Resistance levels: 0.963, 1.032 Support levels: 0.900, 0.875 Technically, the primary target is resistance. Further we should consider a false breakdown with a possible decline to support, which may lead to a breakout and further decline to the zone of interest 0.733 - 0.695 Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:APEUSDT ;) Regards R. Linda!
Short
by RLinda
7
GBPUSD → The bearish nature of the market is confirmed. News?FX:GBPUSD behavior on H4-H1 confirms the fact of a characteristic bear market. The price is updating the local minimum and testing a strong liquidity zone before strong news NFP, Unemployment Rate, ISM PMI are published today. The range of expected data is quite wide. Analysts are expecting an aggressive decline in NFP to 106K from the previous 254K. Do you feel the manipulation before the Fed rate meeting, as well as before the U.S. presidential election? It is difficult to prematurely assess the fundamental environment due to the challenging economic environment. Theoretically, the dollar may continue to feel the support in the market, while GBPUSD is sliding downwards on the background of the UK policy. Technically, the price is testing a strong support zone and a counter-trend correction is forming after capturing some liquidity. Emphasis on 1.300 - 1.305 Resistance levels: 1.298, 1.300, 1.305, 1.310 Support levels: 1.284, 1.281 The news can have quite a wide impact on the market and it all depends on the actual data. I expect to see a continuation of the fall from 1.298-1.30-1.305 as a priority. But! Unpredictable data can turn the situation around. If the currency breaks 1.305 and consolidates above this area, the trend may stagger... Rate, share your opinion and questions, let's discuss what's going on with ★ FX:GBPUSD ;) Regards R. Linda!
Short
by RLinda
7
NZDUSD → Speculators waiting for news.... FX:NZDUSD is moving into consolidation after a strong and progressive fall amid a halt in the dollar index. Markets are waiting for news related to the US presidential election.... The currency pair amid strong bullish DXY is not practicing attempts to update local highs with the aim of changing the trend to a bullish one. Buyers are not ready yet, and are waiting for November 5... If Trump is elected, the dollar, supported by a pro-inflationary president, may continue to recover, which, accordingly, will manifest itself in the form of negative dynamics in the currency pair. But, most likely, with the election of a politician from the Democratic Party, the regulators are likely to continue to hold the dovish rate, in which case the NZDUSD will have a chance to change the trend. Resistance levels: 0.6031, 0.6066 Support levels: 0.5953, 0.5915 Technically, bears continue to hold the dominant position. The area 0.5915, 0.585 is a zone of interest in terms of liquidity formation, thus, there is a high probability of reaching these areas... Regards R. Linda!
Short
by RLinda
1
Bitcoin is FAILING! Why is Bitcoin the worst investment.Bitcoin is the worst investment. Where is the lambo? The price of Bitcoin in 2017 was $20,000 and the current price is $68,000 in 2024, so after 7 years, the profit is very poor - only +240%. So where is the lambo and where is the moon all the influencers are talking about? Clearly, you have been scammed. And I am not talking about altcoins, because the majority are down by 95% from their peak and will continue to 99% or to zero (rug pull). Crypto technology is not new and nothing special. This technology was brought to earth by alien entities. Crypto technology is already used on thousands of different planets in the galaxy. In fact, crypto is another version of the fiat money printing system. Where is the moon for Bitcoin? Clearly no where because the moon is a hologram and humans never landed on it. It's a hugs scam by NASA. The landing on the moon was recorded on Earth. It's not possible to physically leave Earth with current technology because the Van Allen radiation belt would burn your body. It's possible with advanced spaceships, but this technology is hidden and intentionally not available. It's also possible to leave Earth after you die or during sleep/meditation in non-physical form. So is Bitcoin bad? Bitcoin is just another form of fiat money. If you like high inflation and money printing, then you can support Bitcoin. Bitcoin is a computer program, and as any program in existence, it can be modified or rewritten. There is no such thing as a fixed supply; they can increase the supply without any issues. Why was Bitcoin brought to earth? It's part of the total control program. First bring electricity to earth, then microchips (computers), then the internet, then blockchain and AI. This technology is completely incompatible with the human body and causes major issues, which you can see around you - almost everyone is ill or has some kind of sickness. Maybe you didn't know that 100 years ago, there was no cancer, no diabetes, no anxiety, no common cold, almost nothing. Why are those alien entities? You probably heard about Greys, Reptilians, Draconians, Mantis, and Insectoids. When you look at them, you will notice their ugly appearance. They are very ugly by nature. Their intelligence is extremely low compared to humans, and they take instructions mostly from the AI. That means they lost control over themselves. You may say that their technology is advanced, but this is a deception. Their technology is based on unsuccessful design and architecture. In core, they are outdated and actually very stupid. What they do is drain your life energy during sleep and use it to feed their AI machines. They also manipulate your dreams, causing nightmares at night, manipulating your thoughts, and causing sleep paralysis. For each like, one alien dies! Hit the like/boost button now. Thanks that you help humanity! Write a comment with your altcoin, and I will make an analysis for you in response.
Short
by Xanrox
169