Look for Spikes to get Long EthereumLate to the crypto bull run? Maybe not! Technical Analysis is not about predicting the future... it is about identifying opportunity.
COINBASE:ETHUSD has been bullish for a few weeks and I've been patiently waiting for it to trigger a setup. I got what I was looking for on Tuesday of this week and it made for a great teachable moment combining my Spike Indicator, 50% Retracements, and Volume Profile. Another "MUST TAKE" opportunity that traders should study and look for...
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Targeting Major Gains with ADA, BNB, and ATOMIn this video, we delve into swing trading strategies for three prominent cryptocurrencies: Cardano (ADA), Binance Coin (BNB), and Cosmos (ATOM). Cardano recently approached our suggested entry point of $0.34 and is showing potential to reach its previous all-time high (ATH), with a take-profit (TP) target of $6 if current momentum persists. Binance Coin has surpassed its previous ATH, and we're eyeing a TP of $1,200, provided the current support levels hold. Our Cosmos trade required adjustment, as the true reversal occurred near $3, forming a bullish engulfing candle. We now anticipate a return to its previous ATH, offering a potential 3x return in this 'safe' large-cap coin. Join us as we analyze these setups, discuss key support and resistance levels, and outline strategies to capitalize on these opportunities in the crypto market.
GOLD2:30pm USD Core CPI m/m forecast 0.3% 0.3%
USD CPI m/m forecast 0.3% 0.2%
USD CPI y/y
this are key economic data print that can affect yellow metal trade direction.
from my previous post i alerted of the break and retest at 2644 and price never crossed that mark to close the Newyork session.
a break of 2613-2600 will see us play into end of the year profit taking.
ANOTHER STRONG DATA PRINT WILL BE ON THURSDAY.
USD Core PPI m/m forecast 0.2% 0.3%
USD PPI m/m forecast 0.3% 0.2%
USD Unemployment Claims.
FEDS will watch unemployment claims and rising inflation in united state of America.
GOLD2:30pm USD Core CPI m/m forecast 0.3% 0.3%
USD CPI m/m forecast 0.3% 0.2%
USD CPI y/y
this are key economic data print that can affect yellow metal trade direction.
from my previous post i alerted of the break and retest at 2644 and price never crossed that mark to close the Newyork session.
a break of 2613-2600 will see us play into end of the year profit taking.
ANOTHER STRONG DATA PRINT WILL BE ON THURSDAY.
USD Core PPI m/m forecast 0.2% 0.3%
USD PPI m/m forecast 0.3% 0.2%
USD Unemployment Claims.
FEDS will watch unemployment claims and rising inflation in united state of America.
ltcits a weekly chart with news about ltc so i am positive about ltc it can go up but do not invest more than you cannot afford to lose and never go with high risk just buy into different parts best of luck Litecoin Core Upgrade (Litecoin Core v0.21.3rc3):
Purpose: The latest core upgrade for Litecoin introduces several key improvements and features.
Security Enhancements:
Fixes for CVE-2023-33297, addressing a remote bandwidth and CPU denial-of-service vulnerability.
Strengthened security measures to mitigate potential threats.
MWEB Features:
Light client p2p messages implementing LIP006.
Redesigned PSBTs (Partially Signed Bitcoin Transactions) to support MWEB.
Build Changes:
Updated macOS build SDK to Xcode 12.1.
Improved build instructions for UNIX systems.
Fixed builds on Alpine Linux/musl.
Coinbase Derivatives’ Plans for Cash-Settled Futures Contracts:
Announcement: Coinbase Derivatives intends to launch monthly cash-settled futures contracts for three major cryptocurrencies:
Dogecoin (DOGEUSD)
Litecoin (LTC)
Bitcoin Cash (BCH)
Implementation Date: Expected to be as early as April 1, 2024.
Self-Certification Method: Coinbase is using the “self-certification” approach to list the futures contracts, ensuring compliance with CFTC regulations without requiring direct approval.
Implications:
The addition of cash-settled futures contracts for these cryptocurrencies provides more trading opportunities and liquidity.
It reflects growing mainstream acceptance and interest in these digital assets.
EURUSDEURUSD will be on watch as majors economic data will be unveiled ,we have EUR main Refinancing Rate and monetary policy statement, while USD core PPI m/m and PPI m/m is on the desk.
from 2016 December buyers found demand floor for eur buying .it came with liquidity to keep euro from further slide.
positive fundamental economic data print can sustain buying impulse to enter our supply roof.
$BAT Basic Attn. Token bound for 0.31 again, lots of Bot tradingGood early morning on the East Coast ladies and gentlemen
I'd like to show you a lot of bot activity I have noticed on the basic attention token in the past week or so, which is what's causing it to mostly range without ever getting much higher and without ever falling back down. You may wanna step aside on this one for a while, because it might go on a while, until these bots are done it's going to continue to range… Once they finish what is presumably accumulating a massive amount of liquidity in anticipation of a huge breakout, it will likely do just that, but there's always a high possibility that that is preceded by a steep panic sell off, but that will just be temporary.
The basic attention token is a sleeping giant, and the giant stirs.
BITCOIN, next move into classic Wycoff or will the bubble burst?The Market Monkey Team takes a look at BITCOIN for December 6-7 2024.
The strong bullish breakout for #BITCOIN breaking through the $100 000 suggests some more bullishness in the short term, but likely to go into longer term distribution and selling in 2025.
Watch video to view our analysis of #BITCOIN
Cheers
MM Team
- Money see, money do
is BNB the next TRXTron has been a major overperformer with catching a niche in the growing stablecoin market. While BNB has been losing market share both in its chain and with its exchange.. BNB does still look strong. It does still share an ongoing fractal with TRX. It does look like relative to its weaker performance itll grow.
I suspect TRX will pull BNB into a breakout of highs. Whether itll lead to gains as great as TRX Im not sure. Im not sure if BNB is the best risk reward but I do think BNB could follow TRX soon with not much relative to market risk.
Weekly Forex Forecast: SP500, NAS, DOW ... Wait For BUYS!The equity markets closed the month with all time highs. Next week, there should be some
carry over. The week may open bearish in the short term, but I believe longs will be the ticket to ride!
* I will consider longs in SP500 and DOW before buying the NASDAQ, as it is weaker. There, I would take valid sells before I short SP500 or DOW JONES.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Weekly Forex Forecast: USD is Bullish In The Short Term!The USD Index closed last week very bearish, trading through the previous week's low. A pullback makes sense for this week, at least for the beginning of it. With NFP coming on Friday, trading up until Wed may be the safest way to go.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Transcript
Weekly Forex Forecast: EURUSD May Pullback This Week!EUR Futures has printed a bullish Inside Bar on the Weekly TF. This potentially shows a shift in the market from a bearish to bullish bias. A pullback may be starting. This makes sense, as price has traded through the Swing Low, and a significant retracement is a bit overdue.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Weekly Forex Forecast: GBPUSD Is Indicating Strength! GBPUSD had a strong close to last week. This led to a bullish BOS on the Daily TF, in the Weekly -FVG. I expect there to be a short term reaction to the imbalance, and then a resumption of the bullish momentum at the bullish FVG on the Daily TF.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Mobileye $MBLY - About to drive itself off into the sunset! 10x Mobileye NASDAQ:MBLY - About to drive itself off into the sunset! 10x
In this video we discuss:
- Recent Analyst Upgrades/Downgrades
- My High Five Trading Strategy
- Daily/ Weekly Technical Analysis
- and more...
$20.01
$20.30
$23
ATH's!
Are you in on Mobileye?
NFA