II. Current Market Analysis A. Identification of the bullish reversal at the 2922 area 1. Significance of high trading volume 2. Implications of smart money entering the market B. Understanding the behavior of smart money 1. Manipulation of liquidity 2. Trapping weak hands III. Strategic Positioning A. Necessity of aligning with smart money 1. Advantages of trading alongside informed investors 2. Risks of opposing smart money strategies B. Key levels marked for trading decisions 1. Importance of executing trades with precision 2. Encouragement to adopt an elite trading mindset IV. Conclusion A. Call to action for traders B. Emphasis on the need for vigilance and proactive strategies ? Listen Up, Traders! Smart Money Is Moving – Are You Ready? ⚡️ Mission Briefing: Gold- 15M Time Frame ⭐ Bullish Reversal : 2922 Area with high volume, Smart Money is charging in—position yourself or get left behind. ⚡️ This Is Not Just Any Setup—This Is Smart Money at Work!They manipulate liquidity, trap weak hands, and strike with precision. If you’re not trading with them, you’re trading against them. ✈️ I’ve marked the key levels—now it’s your move.Execute with confidence. Trade like the elite. Stay sharp, stay ahead.
- one of the extremely, extremely few altcoins that actually trades constructively - perfect retest of range high
The long-anticipated creditor repayments for FTX are finally set to commence, marking a pivotal moment in the exchange's financial restructuring. However, as with any major development in the crypto space, there are conditions, concerns, and market implications that traders need to be aware of. Here’s a breakdown of the upcoming FTX payout process and its potential impact on the price of $FTT. FTX Creditor Payouts: Key Details On February 18, 2025, certain FTX creditors will begin receiving their payouts, with those in the Convenience Class (claims up to $50,000) first in line. Under the restructuring plan, these creditors will receive 119% of their recorded claims, valued based on November 2022 asset prices, along with an additional 9% annual interest. However, all payments will be made strictly in stablecoins—excluding Bitcoin, altcoins, or any other crypto assets. To receive payouts, users must complete KYC verification, submit tax documents, and select a distribution platform. Available payout platforms include Kraken and BitGo, but regional restrictions will apply, particularly in jurisdictions like Ukraine. John J. Ray III, the chairman of the FTX liquidation committee, emphasized the importance of this step, stating: "Today's announcement reflects the outstanding success of our recovery and coordination efforts over the past 28 months. These efforts are ongoing, and our focus remains on executing these distributions in accordance with our plan while also continuing to pursue the recovery of outstanding assets." Scam Alerts and Delays in Compensation As FTX prepares to distribute funds, scammers have seized the opportunity to defraud unsuspecting users. Fraudulent emails, phishing websites, and malware-laced links have surfaced, posing significant threats to creditors. Users are advised to only engage through official FTX channels and to verify any communications regarding payouts. FTT Price Action: What’s Next? The FTX Token ( TSX:FTT ) has experienced notable volatility amid these developments. At the time of writing, TSX:FTT is down 5.41%, trading in bearish territory, with eyes on its 1-month low as a support level. A drop to this critical support zone could serve as an attractive entry point for traders, given that the level previously acted as resistance before flipping to support. If TSX:FTT manages to hold this range, it may attract fresh buyers looking for a reversal opportunity. Conversely, a break above the 1-month resistance zone could trigger a strong influx of buyers, potentially leading to a 50% price surge. This scenario would depend on overall market sentiment and any further updates regarding FTX’s ongoing asset recovery efforts. Market Sentiment and Final Thoughts While the launch of FTX creditor repayments is a step forward in closing one of crypto’s biggest bankruptcy cases, uncertainties remain. Traders should monitor key technical levels for TSX:FTT while staying updated on regulatory and legal developments surrounding FTX’s liquidation.
You guys thinking 2017 is same as now, yes you are in 2016, not 2017.
The news come and messed up our setup but that doesn't mean our setup was invalidated. I decided to re-enter again this evening and boom Gold went to the moon. I only decided to take 2R lol Rough week overall but I will definitely make it up for you all tomorrow. See you tomorrow at London session.
Important explanation: The trend will be clear soon, either a step higher or a drop to the specified level. I think an increase is more likely because there is good resistance in the liquidity channel.
114 618 Fibonacci has been AN AMAZING trade! Given step by step -> I plan to add more and will share here Drop a LIKE if you want it -> LIVES HAVE BEEN CHANGED
Euro Dollar broke through a bearish channel and seems to have stabilised above the last low of the 1.01000 region and is transitioning into a bullish phase. Price action is currently within the 1.04000 and is aiming for the 1.05000 barriers. Passing through and settling above may likely lead a growth to the pair to retest further established highs.
XAUUSD Closing my buy orders at 200 pips profit. As discussed throughout my Today's commentary. I have engaged buying order at 2908 and my optimal Target was 2945 in extension as I closed my first attempt at 2928 (200 pips profit)which is very impressive Also, I have closed my re-Buy order ($2918 to 2928) on a fine 100 pips . Tomorrow we'll agin buy after the correction
Nothing to see here, just a normal 10x since Monday ?