Market News: The United States hit a 16-month low in April. The total number of new home sales in the United States in March was an annualized to a new high since September 2024. Technical analysis: Today's buying and selling boundaries: 142.82 Support and resistance levels: 144.93 144.14 143.63 142.01 141.50 140.71 Trading strategy: If the price breaks through 143.63, consider buying, the first target price is 144.14 If the price breaks through 142.82, consider selling, the first target price is 142.01
A schematic # 2 of Re-Accumulation (The Rising Bottom) Position initiated @ 18/4/25 - Feather's weight formed (Yellow Line) With a trigger Bar today, added another position Influx of demand, with reduction of supply (Black Arrow) Tight SL PureWyckoff
Bias: Bearish USD News(Red Folder): -Unemployment Claims Analysis: -No bottom wick on daily open -Looking for retest of 0.5 or 0.618 fib level -Potential SELL if there's confirmation on lower timeframe -Pivot point: 3420 Disclaimer: This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
In this video I will be sharing my USDCAD analysis today, by providing my complete technical analysis by using candlesticks in order to have confidence over the market/control over your emotion no matter what the fundamentals are saying concerning the market, so you can watch it and improve your forex trading skill.
Market News: The United States hit a 16-month low in April. The total number of new home sales in the United States in March was an annualized to a new high since September 2024. Technical analysis: Today's buying and selling boundaries: 1.3274 Support and resistance levels: 1.3379 1.3340 1.3314 1.3234 1.3209 1.3170 Trading strategy: If the price breaks through 1.3274, consider buying, the first target price is 1.3314 If the price breaks through 1.3234, consider selling, the first target price is 1.3209
my analysis is based on pure price action. and this is just a follow up of the previous analysis I once shared.
Market News: The United States hit a 16-month low in April. The total number of new home sales in the United States in March was an annualized to a new high since September 2024. Technical analysis: Today's buying and selling boundaries: 1.1354 Support and resistance levels: 1.1485 1.1436 1.1404 1.1303 1.1272 1.1223 Trading strategy: If the price breaks through 1.1354, consider buying, the first target price is 1.1404 If the price breaks through 1.1303, consider selling, the first target price is 1.1272
Kaspa just broke decisively above EMA55 on the daily timeframe, opening up two major targets for this current advance and confirming at least 3 months of growth for this bullish wave and period. Now, every time a strong resistance level is hit, there is a retrace. When a strong move happens, there is a pause. The market never moves up, up, up unless it is in a bull run phase. The market also never moves straight down; the market moves in waves. So it is natural to see a pause after a strong bullish breakout. After several days of pause, we get additional growth. Look at the bigger picture, consider this; From the 7-April low to yesterday's high Kaspa is up by 89%. You see? Nice growth and this growth will continue long-term, but long-term. You can be certain that the market will produce higher highs and higher lows, but this does not remove the possibility of flash crashes and shakeouts, in fact, these type of moves are part of normal market behavior, not the exception but the norm. When people see strong bullish action they tend to rush, jump and buy-in. They don't buy when prices are low but when the breakout happens out of excitement, an impulse. What happens is that the market stops and go bland for a few days. This impulse dies out and these people close the trade at lower prices, and then the market resumes growing. You can do good; you simply wait/hold and it will grow. You should buy when I publish my charts. If you bought out of excitement, focus on the long-term. FOCUS ON THE LONG-TERM. Thanks a lot for your continued support. Namaste.
It is not too late. Actually, it is still pretty early. Notice this chart and the 0.236 fib. extension level. While Cardano is breaking out of a consolidation pattern with a local downtrend, it is still trading below this most primitive fib. resistance. Simply meaning that it is very early when we consider the biggest picture and long-term growth potential. You see, some smaller Altcoins have grown by 100%+ in a single day. Even some of the big projects moved 20%, 30% and even 50% in a single day. It is the start, now, of a major bullish cycle and phase. It is the start of the 2025 bull market, so there is no such thing as being late. Imagine daily growth, day by day, week by week, going and going, over and over, for months. This growth can go until November 2025 or even beyond, into early 2026. Knowing this, we know that it is very early. Now, what about retraces, pull-backs, corrections and shakeouts? What to do if the market shakes? Every time there is a drop, this is positive, it is an opportunity to buy at lower prices. Every drop or correction should be considered an opportunity to buy-up, rebuy and reload. And, if you missed the early entry, the first entry, you can buy whenever your favorite pair, in this case Cardano, hits support. Cardano it still very early in its bullish breakout and bullish cycle, it will grow for months. Knowing this, you can go ahead easily and buy and hold. You will be happy with the results. Just focus on the long-term, think of a waiting period of at least 3-6 months. With this mentality, you can't go wrong. If you think of making money in a matter of days, this can result in anxiety and mistakes. No, that's not the way you should trade. You should focus on resistance and support. As long as prices remain above support, we are bullish, when resistance hit, we take profits home. That's all there is. After you buy, you hold. The market will take care of the rest. It is still early for Cardano but once you buy, you have to wait. Many pairs are still trading at bottom prices. New pairs will be breaking out strongly every single day. Daily. Every day a new pair will produce massive growth. When all is set and done, the entire market will be 20-30X up. It will be awesome. Thanks a lot for your continued support. Namaste.
Hello traders. Just wanted to post a quick Bitcoin chart showing how to stack some Sats :) I was thankful to have gotten in weeks before the big push up, about 6 months before the halving. I have bought every signifcant dip and even caught one more shown toward the top of the chart. Big G gets all my thanks. I am not sure if people really know what is going to happen with Bitcoin but I have studied it. And I believe in it. My personal thoughts, which mean nothing, is for this bull run to tap $265k a coin as a bearish case scenario. Let''s see how the next few months play out. Be well and thanks for checking out my chart.