Hello Traders In This Chart GBPCHF HOURLY Forex Forecast By FOREX PLANET today GBPCHF analysis ? ?This Chart includes_ (GBPCHF market update) ?What is The Next Opportunity on GBPCHF Market ?how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
The US Dollar Index (DXY) remains range-bound between 105.722 and 106.843, maintaining a bullish outlook. Meanwhile, gold prices temporarily continue to benefit from ongoing geopolitical uncertainties and signals of global monetary easing, especially from China. However, with the DXY gaining bullish momentum, gold may soon face downward pressure.
Pitchfork from March '23 low still shows alignment and strong trend for log scale but in upper resistance for lineal scale.
Movr usdt Daily analysis Time frame 4hours Risk rewards ratio >1.8 ?? Moon river is good asset for short time trading What is MOVR ? As a decentralized smart contract platform, Moonriver requires a utility token to function. The moonriver token uses include : Supporting the gas metering of smart contract execution Incentivizing collators and powering the mechanics around the creation of a decentralized node infrastructure on which the platform can run ...
New Zealand's economy contracted by 0.2% quarter-on-quarter in the three months to June 2024, setting the stage for a technical recession as Q3 GDP is expected to decline further by another 0.2%. New Zealand has recorded the steepest per capita GDP decline among Anglosphere nations over the past year. Across the Tasman, Australia is also teetering on the edge of recession. High interest rates are straining household budgets. The Reserve Bank of Australia (RBA) last week left rates unchanged at 4.35% for the ninth consecutive meeting. After which, the AUD/NZD cross attracted fresh buyers, crossing the 1.1000 psychological mark. So far, the 50% retracement (Nov high- Dec Low) has kept the pair’s upwards momentum in check. While a rate cut by February seems increasingly likely, the RBA faces the challenge of navigating strong labor markets and demand, both propped up by record government spending, now accounting for 27.5% of the nation’s total economic output.
My Approach to Crypto Analysis I take a structured and data-driven approach to analyze cryptocurrencies, combining three key pillars: Technical Analysis – I focus on price charts to identify critical levels, trends, and market structures that drive short-term and long-term price action. Fundamental Research – I evaluate project narratives, tokenomics, team credibility, and technology to understand the real-world value and long-term sustainability of a crypto asset. External Factors – I assess influencer impact, marketing strategies, and adoption signals to gauge sentiment and visibility in the broader market. This holistic method ensures that every analysis is balanced, actionable, and insightful, delivering clarity in an often chaotic market. About RENDER Overall Score: Final Score: 80/100 Conclusion: Render Token (RENDER) is a robust project with strong fundamentals, cutting-edge technology, and alignment with high-growth narratives like AI, rendering, and decentralized computing. While it faces challenges such as competition and limited mainstream visibility, its utility and real-world adoption make it a solid long-term investment. ? Chart Analysis and current price action of (RENDER): Short-Term Outlook: - Price Structure: RENDER trades near $9.22, with resistance levels at $11.88 and $13.83. - Pullback Zone: It has retraced towards a key support area (around the 0.5 Fibonacci level at $8.06) following a strong bullish move. - Volume and Momentum: - Price rejected the recent highs, signaling profit-taking and a minor cooling-off period. - Volume has decreased on the retracement, which is typical of a healthy correction during an uptrend. Key Levels to Watch: - Support: - $8.06 (0.5 Fibonacci retracement) → Critical to maintaining a bullish structure. - $7.15 (0.618 Fibonacci retracement) → A deeper pullback but still bullish. - Resistance: - $11.88 → A strong level; a breakout above this signals continuation. - $13.83 to $14.00 → Next major upside targets if bullish momentum resumes. Directional Bias: UP (Bullish): - As long as RNDR holds above $7.15–$8.06, the trend remains bullish, with potential for upward continuation toward $11.88 and $13.83. - Breakouts above resistance will confirm a push higher. Risk to the Downside: - A breakdown below $7.15 would invalidate the bullish structure and shift the trend down toward $5–$6 support zones. Final Call: Short-term: Bullish bias, up if RENDER holds support above $8.06 and reclaims $11.88. Risk Management: Watch for invalidation below $7.15.
The team behind the World Liberty Financial (WLFI) crypto project has acquired Chainlink (LINK), which has piqued the interest of the crypto community. Currently, their portfolio includes 4 cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Chainlink (LINK), and Aave (AAVE). World Liberty Financial purchased LINK tokens at an average price of $24.2. You can use Etherscan or other services to check the composition of their portfolio. Their wallet address is 0x5be9a4959308a0d0c7bc0870e319314d8d957dbb. https://www.tradingview.com/x/d1Hq6COY/ Bitwise Asset Management has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch the "Bitwise 10 Crypto Index ETF", an exchange-traded fund that includes ten cryptocurrencies. Chainlink (LINK) is also part of this fund. Here’s the full list of cryptocurrencies in the ETF: Bitcoin (BTC) Ethereum (ETH) Ripple (XRP) Solana (SOL) Cardano (ADA) Avalanche (AVAX) Chainlink (LINK) Polkadot (DOT) Bitcoin Cash (BCH) Uniswap (UNI) There is no certainty that their application to launch an ETF will be approved by the Securities and Exchange Commission (SEC). However, the fact that they have included Chainlink in their list of ten cryptocurrencies suggests that Bitwise Asset Management is optimistic about the prospects of this blockchain. That’s not to say that Chainlink is a useless project only used for Pump & Dump schemes. Yesterday, it was announced that the cryptocurrency exchange Coinbase is integrating Chainlink’s CCIP technology. CCIP is a protocol that allows different blockchain networks to communicate with each other, enabling the transfer of assets, data, and functionality between chains. Brazil’s central bank is working on creating a central bank digital currency (CBDC). In a press release on November 19, the central bank of Brazil announced that it has chosen Chainlink for this task. If Brazil achieves the desired results, it could lead to other countries’ central banks also choosing to use Chainlink. Technical Analysis The falling wedge pattern may cause the price of LINK to rise to $45. https://www.tradingview.com/x/hFkd7gso/
? XAU/USD Gold Forecast - Monday, December 16, 2024 ? Gold (XAU/USD) is heading into Monday with a bullish outlook but faces key resistance at $2,765. A breakout above this level could propel prices higher, aligning with the current uptrend. However, if resistance holds, we might see a correction towards the strong support zone at $2,545. ? Key Levels to Watch: Resistance: $2,765 – A critical ceiling for upward movement. Support: $2,545 – A safety net for price drops. ? Market Sentiment: Gold’s momentum remains positive, supported by ongoing economic uncertainties. But keep an eye on potential short-term pullbacks if buyers hesitate at resistance levels. ? Week Ahead: Gold remains a top safe-haven asset amidst fluctuating market conditions. Watch for breakout opportunities as the trend develops. Stay tuned for updates and live action on XAU/USD throughout the week! Anticipates gold prices reaching $2,500 per ounce by year-end, assuming a Federal Reserve rate cut
Hello Traders In This Chart GBP/AUD 4 HOURLY Forex Forecast By FOREX PLANET today GBP/AUD analysis ? ?This Chart includes_ (GBP/AUD market update) ?What is The Next Opportunity on GBP/AUD Market ?how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
HEY GUYS I HOPE YOU FIND THIS IDEA VERY WELL Elliott Wave Structure: Wave 1 to Wave 4 has completed successfully. Wave 5 is now forming with momentum shifting to the upside. Key Levels: ? Target Profit (TP): 0.00874 ? Stop Loss (SL): 0.000763 Trendline Break: The price has broken above the descending trendline (yellow), signaling a bullish continuation setup. Momentum Confirmation: Heikin Ashi candles show decreasing selling pressure and bullish momentum starting. Trade Setup: Entry Zone: Current breakout levels. Take Profit: 0.00874 (Wave 5 target). Stop Loss: Below Wave 4 at 0.000763 for a solid risk management setup. Bias: ✅ Bullish – Wave 5 Potential Upside ? ⚠️ Note: Always monitor volume, confirmation, and overall market conditions for risk management. Disclaimer: This is not financial advice. Trade at your own risk and perform your own analysis before entering any positions. #Altseason2025 #CryptoMarket #OTHERS.D #Altcoins #CryptoBreakout #TradingViewIdeas