ETH price action may see sideways action inside the highlighted area. Though do not be surprised if it goes to 2.7k, everything can happen, keep managing your bankroll and risks. Good luck all!
Tech breakdown on $MUBI, a BRC20 token with big potential this alt season. Wave 1 is forming—just needs to break the RSI. Market took a nice shit, so let’s hold up here. Once we push through, micro trades kick in, and we’re eyeing 400 fast. #bitcoin
Coming off the bottom of it's range, and the nice turn around followed by the attempt to break above 0.9350 suggests that the CARDANO is ready for an upside reversal. The main key-level resistance is at 1.0860, our official target.
when price touches the bottom line of the band, theoretically it will come back up to middle line, go long in this case
Bitcoin had a beautiful daily close, but it’s still trading below the dynamic support trendline. A sharp bounce off the 50 EMA resulted in a strong hammer candle, a promising sign for the bulls. Was this a trap? Are we on a path to a new all-time high while many players have already been shaken out and liquidated? The next few daily candle closes will give us the answers. Stay tuned. #Crypto Please hit that like button if you like my timely updates. Thank you #PEACE
Greetings Traders this is my analysis for EURUSD . From the last chart that had a solid growth we can see that the price is managing itself for a future Downtrend Movement. I have redrawn the waves and now I see the completion of the five-wave impulse in the wave “5” of higher order. I expect that the price should update the nearest local minimum of the wave “3” 1.03350. I expect the price to reach at least the area of 1.02540 possibly short key level to 1.03072 I think the price will start a downfall to it might reach our potential target for a Downtrend and for a Sell Position Traders make your own analysis before trading. Please leave a Like,Comment and Follow! Thank you!
Sam Altman dismissed what he called a "conspiracy theory" from a16z co-founder Marc Andreessen. © 2024 TechCrunch. All rights reserved. For personal use only.
Here is a rehash of the relationship between the Singapore 10Y Govt Bond Yields and US Equities ETF, SPY (Blue Line). Noted that when the SG10Y technically breaks out, the SPY technically breaks down, and vice versa. This is not 100% but happens an estimated 80% of the time, and recent occurences since September are marked out with bullish green or bearish red time lines, respective to SPY from the SG10Y leading indications. Just middle of this past week, the SG10Y spiked strongly and broke out, the next day saw the SPY tank significantly. In fact, the MACD for the SG10Y had already pre-warned of the breakout two days earlier! Given the current set up, as usual, I do my technical and charting projections. And in this case, it is clear that the Santa rally fizzled, year closign and next year opening should be weak until early February. Now, if this projection works as it should, then we would likely see a weak 2025 for the US equities... not only to take profit, but also offers opportunities to buy in at some point. (side note: as far back as 2020, 2025 was marked as the year of some resurgence of affliction from the neck upwards. It is a little sketchy, but it would very well be the surprise to tank the markets enough... watch for it)
1 cycle is around 40 mnths (from lowest point to lowest poin) every 2nd cycle - new hight of USD to PLN
close below = waterfall countertrend trade whole market bull this one a weakling a good hedge point for your other crypto longs