I believe BTC can go up to 172k in March 2025, which will be the top of this Bull market.
AUD/USD reacts little to better-than-expected Australian Goods Trade Balance data and remains in a range above 0.6400 early Thursday. Rising bets for an early RBA rate cut cap the Aussie's upside amid China's economic woes and US-Sino trade war fears. Eyes turn to US data, FedspeakThe AUD/USD pair dives more than 1% to near the round-level support of 0.6400 in Wednesday’s European session. The Aussie pair plummets as the Australian Dollar (AUD) has been hit hard by weaker-than-projected domestic output data for the third quarter of this yearThe Australian Bureau of Statistics reported that the Australian economy surprisingly expanded at a slower-than-expected pace of 0.8% compared to the same quarter of the previous year against the 1% growth seen in the previous quarter of this year. Economists estimated the annualized Q3 GDP growth of 1.1%. On a quarterly basis, the Australian economy expanded by 0.3%, slower than expectations of 0.4% but faster than the former reading of 0.2%
Prediction( investment_thesis="**News Analysis:** With no recent news available, it is crucial to remain cautious. The absence of new developments suggests that market participants may rely more heavily on technical and historical data to make trading decisions. It is advisable to stay informed through reliable sources for any updates that could impact ETHUSDT's price.\n\n**Market Sentiment Analysis:** The financial analysis indicates a strong bullish sentiment among top traders, with a longShortRatio above 3.0 across various time frames. This suggests that the market is currently optimistic about ETHUSDT's price prospects. However, the overbought conditions highlighted in the technical analysis warrant caution, as they may lead to short-term corrections.\n\n**Technical Analysis:** The technical indicators show that ETHUSDT is in overbought territory, with RSI values above 70 and Stochastic indicators reinforcing this condition. Despite the strong upward momentum indicated by positive MACD values and a bullish Ichimoku Cloud setup, the proximity to upper Bollinger Bands and resistance levels suggests potential consolidation or pullback. Key resistance levels to watch are 3972.54 on the 1d timeframe and 3944.19 on the 4h timeframe.\n\n**Fundamental Analysis:** The lack of recent news means that fundamental factors are not currently driving ETHUSDT's price. Instead, the strong bullish sentiment and technical indicators are the primary influences. The historical upward trend and recent price surges suggest continued bullish momentum, but the potential for short-term corrections should not be ignored.\n\n**Risk Management Strategy:** Given the overbought conditions and strong bullish sentiment, a cautious approach is recommended. Set a stop-loss at $3,850.00 to protect against potential pullbacks. A take-profit level at $4,000.00 is suggested, aligning with the resistance levels and allowing for profit-taking if the bullish trend continues. Monitor the RSI and Stochastic indicators for signs of a reversal, and adjust the stop-loss and take-profit levels accordingly.\n\nOUTCOME: HOLD_BUY\nSTOP_LOSS: $3,850.00\nTAKE_PROFIT: $4,000.00\nCONFIDENCE LEVEL: 78%\nEXIT_POINT: $3,950.00\n\nCURRENT PRICE: $3,918.67\nENTRY CRITERIA:\n- **TIMEFRAME**: 1h\n- **RSI**: above 70\n- **MACD**: Bullish crossover\n- **MA20**: Price above MA20\n- **ATR**: Moderate volatility\n- **Bollinger Bands**: Price near upper band\n- **Stochastic Oscillator**: Overbought\n- **News Impact**: Neutral\n- **Historical Data**: Resistance at $3,972.54\n\nCURRENT OPEN LONG POSITIONS: 3\nCURRENT OPEN SHORT POSITIONS: 1" )
BINANCE:MAGICUSDT is going to its ATHs very soon. Don't miss out! The coin has been consolidating for a long time now and finally it is gaining momentum now. As soon as the coin gains interest from the public it will go parabolically up. Don't miss out. The move will happen literally over night. If you don't get on it in time you will miss it. Finally I have to say that you must assess your risk carefully and make sure you use proper stop loss and protective measures. Good luck guys!
?Purpose: 114883 ‼️We enter at 0.5% of the allocated money for spot trading.
As discussed throughout my Tuesday's session commentary: "My position: Regarding today’s and yesterday's session - two straight green Hourly 4 chart’s candles (after Bearish rejection, many similarities with December #15 levels) so far which indicate (unless broken) that #2,620.80 should pose as an strong Support line. Most likely, Gold is going towards #2,652.80 to test the Resistance cluster and then if Price-action gets rejected, then Hourly 4 chart’s #2,627.80 - #2,632.80 test should be on the cards once again - and potentially stay Neutral for a few sessions in a symmetrical manner as April #14 - 16. It is important to note that RSI levels, visible on my charts should draw Sellers into consideration, as RSI on Hourly 4 chart is mildly on Descending Channel (rejected on Double Top). Do not let side Intra-day Swings to cloud your judgement / regardless of the Daily fluctuations, trust your order and model. In case of #2,652.80 benchmark breakout, #2,657.80 and #2,662.80 are Resistance lines to monitor." I have closed multiple (#4) orders with #10 - #12-point Profit re-Selling #2,652.80 benchmark and Buying from #2,632.80 as this is spectacular range to Trade upon last few sessions. Nothing changes as I will continue Trading until eventual break-out. I am currently on #98 Profits row and #20 Stop-hits from December #2023 to December #2024. Fundamental analysis: Despite heavy Selling pressure on Gold all thru the yesterdays E.U. session, Gold spiked upwards on U.S. opening as poor U.S. economical numbers appeared where DX had sharp decline, however #105.800 posed as an strong Support. Current Gold Price-action, more Neutral holding certain Selling bias / is still suitable for Buying and Selling near local High's / Low's and at same time Hourly 4 chart is excellent roadmap for such day Trading with possible side Swings regarding Short-terms movement which are perfect for making Profits. Despite some Bullish evidence on Hourly 1 chart, my outlook leaning more to the Selling side. My position: I am keeping #2,652.80 benchmark and #2,627.80 - #2,632.80 Support zone as my optimal key entry points for re-Sell and re-Buy orders.
Against the background of maintaining purchases in the first half of the month, in addition to vib, I want to pay attention to troy, which showed much more confident dynamics. At the last pulse, a clear signal was left for a breakdown of the 0.0075 level, which gives a signal for a hike up to 0.0125-150 in the future. At the moment, the re-trading on the daily chart has been completed with the successful cancellation of further sales. There is a high probability of an attempt to gain a foothold above 0.0075 before the middle of the month, which would allow sales to be repaid until the end of the year, regardless of market dynamics. With a negative market and a 75-85k btc reversal, you can count on at least a 0.0075 retest on troy, which will already give 50%+ profit. The main support at the moment is the 0.0025-35 range from both borders of which you can make toppings in addition to the main position.
https://www.tradingview.com/x/ZE4m1wOP/ Hello,Traders! EUR-GBP is retesting a Horizontal support of 0.8260 After some downward movement So we will be expecting a Local bullish rebound And a move up Buy! Comment and subscribe to help us grow! Check out other forecasts below too!
?Purpose: 722.7 ‼️We enter at 0.5% of the allocated money for spot trading.
FX:XAUUSD continues to consolidate and we have questionable preconditions that indicate both a possible fall (fundamental background) and growth (technical background). https://www.tradingview.com/x/6pkDbsIX/ Gold is holding back after Fed Chairman Powell's speech: The US economy is in remarkably good shape.We are moving very quickly with rates. "I am very pleased with where monetary policy is right now" Unemployment is still very low and progress is being made in fighting inflation The focus remains on the jobless claims data and NFP at this time Technically, the focus is on consolidation in a locally rising channel format. A price exit from the channel in either direction may be accompanied by a strong impulse. Resistance levels: 2655, 2660, 2688 Support levels: 2636, 2620, 2605 Two scenarios due to mixed and stalemate situation: black: Powell commented on the situation as strong enough for the US market, accordingly, gold is forming a consolidation in a flag format, which is technically a pattern for a continuation of the fall. blue: On D1 there are prerequisites for local growth. If the price breaks 2655, then 2660, the growth may continue to the zone of interest 2688. Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!