Bitcoin is currently in a consolidation phase and is simply waiting to expand further toward 124k. Ideally, we’d like to see the price take out the key low first and then head toward 124k. If the price ignores the key low and goes straight to 124k, we can be pretty sure it will retrace at that level and then look to take out the key level afterward.
Proof is in the pudding. TA shows what it shows. Dollar is dominant. Trump went into power. We will see what happens.
Recently, the U.S. dollar index has continued to strengthen, rising for several consecutive weeks, putting pressure on gold prices. If the US dollar index continues to remain strong, gold prices may be further suppressed. However, we also need to pay attention to the fluctuations of the U.S. dollar index. Once it pulls back, gold prices are expected to get a chance to rebound. Although the US dollar and US bond yields pose downward pressure, the continued escalation of geopolitical tensions provides safe-haven support for gold. Conflicts in the Middle East and turmoil in the Russian-Ukrainian situation may trigger risk aversion in the market, thereby pushing up gold prices. In addition, the state of the US economy will also have an impact on gold prices. Recently, the U.S. economy has shown strong resilience, but there is still uncertainty about its future direction. The international gold trend next week may show a volatile trend, which is jointly affected by the U.S. dollar index, geopolitical situation and U.S. economic conditions. Investors need to pay close attention to the changes in these factors in order to grasp the trend of gold prices. At the same time, it is also necessary to pay attention to risk management and avoid blindly following the trend. Gold technical analysis: Next week will usher in the final battle between the annual and monthly lines. From the perspective of the annual line, the overall bull market is still there, the general trend is still bullish, and there is no trend reversal, just a temporary pause. In terms of the monthly line, the overall structure is bullish, but the monthly K line is currently in a continuous negative pattern, which is beneficial to the bears. In addition, the short-term 5-day moving average of the monthly line shows signs of turning. Although the bulls are dominant, we must also pay attention to the downward retracement strength. In terms of the weekly line, the weekly line received a small cross positive. If we only look at the rebound strength, the upward momentum is obviously insufficient. In addition, the overall technical pattern shows that the bears have the conditions to break the support and extend. The gold hourly line is still oscillating within a large range. If gold rebounds first at the opening of next Monday, and if it continues to be under pressure at 2640, then gold will continue to sell short on rallies under pressure at 2640. Gold bulls have not shown full strength, and they have risen many times. After falling back, gold is not very confident in its upward breakthrough. It keeps making false breakthroughs, and then lures the bulls to fall again. Judging from the 4-hour analysis, the lower support focuses on the 2600 integer mark, and the upper short-term pressure focuses on the vicinity of 2640. The overall tone of high short-selling participation remains unchanged based on this range, and the middle position is cautious to pursue orders, and patiently waits for the key point to enter the market. Gold operation strategy: 1. Gold rebounds and sells short at the 2637-2640 line, stop loss at 2649, target the 2610 line, and look at the 2598-2600 line if the position is broken;
Am still hurt about the argument i had with that young person I feel so sad and sometimes angry young people have so much power i wish i could help them see the truth if i was younger i wish i had someone like me with the experience and knowledge to help me sadly it will never happen without commitment the only way i can help them is if they come into my environment going to help someone without a plan to bring them into your environment is not a good strategy this is why i only share trading secrets inside trading communities, Look at this chart below is the MACD indicator showing you a buy signal plus the price action is above the 50 ema and the 200 ema also, this stock is trending upwards which means it's a good trend buy. Thats the number #1 Secret of trading buy a stock like NASDAQ:NVDA that is trending up or gaping up, Rocket boost this content to learn more. Disclaimer: Trading is risky please learn risk management and profit-taking strategies Also use a simulation trading tool before you trade with real money.
XRPBTC appears to be forming a bullish pennant, suggesting a potential continuation to the upside after consolidation. If we see the formation of three consecutive green candles with higher highs and higher lows (known as “three white soldiers”), it could signal the beginning of the next impulse wave.
Squid game is relaxing but much more to relax when it reaches the range marked in green box. Marked cyan box for its placements. Even can reach 0.38 too where major sellers sit. If it directly goes up to cyan we no take the trades.
Hey guys, quick analysis on $MUMU heavily undervalued here. Team works incredibly hard. I look for this to shine in 2025.
As the symmetrical triangle indicates, this is quite close to the lift-off of newer proportions, a key area to highlight, and this ping-pong shows 100 crossing over the 200, getting closer each day. Still, I don't think we're quite there yet, as some indicators have stated that we could sit anywhere in the 340s, simply ready to pull the trigger with so many setups creating many opportunities to go long.
Previous Week Low to be tested for buys and green line to be ought to be put to be ought in near times, TPO shows good oppurtunity to buys. RED and GREEN line is major squeezers for it to go up after ranged.
BTC/USD is presenting an ideal opportunity for a sell position if you're targeting a broader downtrend. Alternatively, traders can capitalize on the current market fluctuations with scalping strategies to secure quick, short-term gains. Always prioritize risk management and stay vigilant with your trading plan.