We could see price fluctuate within the 102,400 - 97,400 range for the remainder of the week. So I watch closely. Early price break out of the upper channel could lead to fake breakout to the previous ATH of 108k but then could retreat back into channel causing panic to buyers. But we wait & see what is likely to happen if price reaches 102k level. Break below 97k level could take us back to Monthly open level of 93k. Bull Flag represents consolidation phase and which I think could last a couple of weeks though overall trend bias remains bullish.
BTCUSD intraday bullish outlook Looking for buy opportunity on the diagonal support with a lower timeframe confirmation will be good option for me Give a support if you support the idea
AUDUSD has been in a downtrend for the longest time until it recovered a little bit creating an uptrend which has been broken now after testing the downtrend resistance. Looking for a push down at this moment
Standard Deviation Explained Standard deviation (SD) is a statistical measure of volatility, dispersion, or risk in a data set. In trading and investing, standard deviation helps traders understand how much an asset’s price fluctuates relative to its average price over a given period. Key Concepts of Standard Deviation: 1. Measures Volatility: A high standard deviation means greater price fluctuations, while a low standard deviation indicates stable price movements. 2. Deviation from the Mean: It tells us how far individual data points (e.g., prices) deviate from the average (mean). 3. Used in Trading Indicators: Standard deviation is used in Bollin
BTC is trading in the 102,500 and 97,500 range. A recovery of 97,500 may be needed to reach the 105,000 peak range again. And create more new ATHs in the near future.
I believe this rebound in RGTI will ultimately be a bull trap, but this could be a very strong rebound given how fast we plunged from $20 to $6. I'm on lookout to renter short if we start to make it to ~15.50 (61.8% Retracement). My chart shows the viewpoint from Log and Linear since we are dealing with such large % changes both viewpoints are helpful. Reminder that earnings is not until probably late March. It's possible my target isn't reached and we go down from here... $15.50 -> Half position short $18.00 -> Full position short
In my post yesterday, I mentioned that gold could test levels above 2700. True to expectations, the price rose steadily throughout the day, briefly spiking just above this critical 2700 level overnight. After a short-lived correction, the price has returned to the 2700 zone. My outlook remains bullish as long as the 2660 support zone holds strong. For now, buying on dips remains the preferred strategy. The immediate target is the 2720 resistance zone, which could act as a key level to watch for profit taking on buys.
For now I am thinking bullish, with possible 2714 & 2737 as POI's
? ? Analyzing the GBPUSD weekly chart reveals a bearish market structure, with a clear lower high and lower low signaling a downtrend. I expect further downside potential following a pullback. In this video, we explore the trend, price action, market structure, and a possible trade setup. ⚠️ This video is for educational purposes only and should not be considered financial advice.
On x last week I made a call to buy CRYPTOCAP:XRP directly. Almost hours after my call, #XRP broke out and is currently trading in a good pattern. I have mentioned my targets before, but again the same goal. My first target is around the amount of $3.5 in the green box. We may see a sideways movement and in that case we may see a new bull run to the 2nd box around the amount of $6. For now, hit the first box first and see what we do next. Be kind to the world and each other!