Breakout after FED meeting yesterday. The Inversion has indicate recession in the past by it does fall within the rate cut cycle for the FED right now.
AUD/USD has tested the key oversold area near 0.6200, showing strong buyer rejection. This zone aligns with historical support, making it a high-probability area for a bullish reversal. The take-profit target is set at 0.6490, a major control price reflecting previous equilibrium and significant trading activity. With confirmation of bullish momentum, this setup offers aiming for a 290-pip move back toward fair value If today's daily candle as bullish, it would be full confirmation
Regression Break and Trend-line break. After 41% from January is has been stellar year. Time to Build in a short with a Stop at $2,725
What is happening with ADAUSDT? A notable decrease in user participation on the Cardano network has been observed since the end of November. This is reflected in the drop in the number of active addresses and new addresses on the Cardano blockchain. Lower network activity can be interpreted as a lack of interest or use of the platform, which is a negative sign. Decrease in Total Value Locked (TVL) The TVL in Cardano has also shown a downward trend in recent weeks. TVL is the total value of assets locked in decentralized finance (DeFi) protocols on a blockchain. A decrease in TVL may indicate a loss of confidence in DeFi projects built on Cardano or a migration of capital to other platforms. Investor Concerns Some investors have expressed frustration and concern about ADA's performance, especially compared to other cryptocurrencies like Bitcoin. Some have even stated that they have achieved better results with other lower market capitalization cryptocurrencies. This dissatisfaction can generate selling pressure on ADA. Unfavorable Comparisons Some users have commented that ADA is underperforming compared to Bitcoin, raising doubts about its growth potential. Analyzing, we can observe that the price is experiencing strong rejection at its current price, which will lead us to a price correction/decline. The asset had almost no upward volatility in this bullish market moment; therefore, any position that is sought should be short (or bearish).
ECONOMICS:GBINTR (December/2024) source: Bank of England https://www.tradingview.com/x/FKyTpdtV/ The Bank of England left the benchmark bank rate steady at 4.75% during its December 2024 meeting, in line with market expectations, as CPI inflation, wage growth and some indicators of inflation expectations had risen, adding to the risk of inflation persistence. The central bank reinforced that a gradual approach to removing monetary policy restraint remains appropriate and that monetary policy will need to continue to remain restrictive for sufficiently long until the risks to inflation returning sustainably to the 2% target in the medium term have dissipated further. The central bank will continue to decide the appropriate degree of monetary policy restrictiveness at each meeting.
Bitcoin appears to be forming an expanded flat pattern, with waves A and B already completed. The ongoing C wave, consisting of 5 subwaves, is progressing towards completion. The potential reversal zone is identified using Fibonacci retracement levels.
I think Gold will find support once more at the $2,575 level and will push up from there to test the all time high. If Gold does get supported here I will track the movement up. From the all time high, I think we will see a very much needed deep correction down in the $2,300 area (This is of course a long term outlook) Please let me know your thoughts in the comments.
Path 1: Running Continuation Path 2: Full 20% correction, like January 2024
? Ready to Ride the Wave with ZENUSD! ? ? Market Overview: ZENUSD is showing strong bullish potential on the D1 timeframe. With a promising setup, this is an excellent opportunity to position yourself for the next big move. ? Trade Plan: ? Entry: $13 - $15 – Optimal range for accumulation before the breakout. ? Target: $24 - $28 – Targeting a solid growth of over 70%. ⏳ Horizon: 2 months – A mid-term hold aligning with market cycles. ? My Strategy: Using RainBow MG3, my custom indicator, I’ve identified this setup as a high-probability trade. This tool helps me pinpoint key breakout levels and maximize gains. ? What You Can Do Next: ? Let’s Connect: Have questions or want to discuss strategies? I’m here to help! ? Disclaimer: This is not financial advice. Always DYOR before making investment decisions. ? ZENUSD is primed for action – Will you join the ride to $28? Let’s make it happen! ?
The DOGEUSDT coin hasn't had any significant fundamentals, which shows us that its rise has been due to pure speculation among market traders. The trend and volume have weakened considerably, which will possibly lead us to a correction. Any position sought in the coin should be short (or bearish).