▶️BTC/USD Weekly Analysis ?: The price remains above key EMA levels (10, 20, 50, 100, 200), confirming a solid upward trend. The EMA 20 ($95,458) appears to be the nearest support zone in the event of a deeper correction. EMA 50 ($89,623) serves as a critical support level for the long-term trend. ▶️BTC/USD Daily Analysis ?: BTC is pulling back from recent highs, likely testing the EMA 10 ($97,843). A break below this level could lead the price toward the EMA 20 ($95,458). Trading volumes remain elevated, signaling the potential for a stronger move in the coming days. If the EMA 20 holds, a localized bounce to the upside is expected. ?Conclusion: BTC is consolidating below the EMA 10 and may continue its correction toward EMA 20 or EMA 50 before resuming its upward trajectory. Mid-term prospects remain bullish as long as the price stays above EMA 50. However, the current correction requires close monitoring.
going to be a nice close on the 4H good volume in that wick that would have flushed out allot of leverage
https://www.tradingview.com/x/9ugp9ATE/ YM levels for tomorrow with retracements/pivots (blue boxes) and targets (grey boxes)
Damascus under attack and The People’s Bank of China resumed Gold buying after a six-month pause on sentiment they provided buy potential for yellow metal. on fundamental United States inflation and central banks’ monetary policy announcements is on desk. gold recovered its bullish poise ,but face immediate resistance from the descending trendline connecting 2788 and 2720 to resist at 2676.78. its expected that after the break out from descending trendline we come for retest in the zone of 2647-44. its critical as strong fundamental analysis are schedule this week which happens to be FED watch tools to gauge economic performance. The US will publish an update on inflation on Wednesday in the form of the Consumer Price Index (CPI). USD Core CPI m/m forecast 0.3% USD CPI m/m FORECAST 0.3% USD CPI y/y, they will shake trade with volatility. On Thursday USD Core PPI m/m ,USD PPI m/m and Unemployment Claims will shape trade direction giving us a clear directional bias as to where the green back is headed. The Federal Reserve (Fed) prefers to base its decision on Personal Consumption Expenditures (PCE) Price Index, learn to take profit as fundamental will invalidate any setup regardless of old and good you are in finance. Update idea Add note
The AUDUSD finished higher o/n at .6440 (+0.80%) boosted by reports that China will increase support for its economy. We suspect yesterdays China headlines help the AUD/USD remain above critical multi month support at .6370/50 for now, despite the likelihood of a dovish pivot this afternoon from the RBA as outlined in the article ⬇️ The AUD/USD would need to rebound above resistance at .6550 to suggest that a stronger recovery can occur. https://www.ig.com/au/news-and-trade-ideas/what-is-driving-the-aud-usd-to-a-13-month-low--241209
Hi dear traders We can see hidden Bullish Divergence between price and RSI in 4h time frame. If price hold specified area, we expect rise in the next two weeks. Let's see what happens This is not financial advice ( DYOR ) Good luck ?
Look at the big picutre.... ETH will soon rip. We have to be patient in these times. These are the times where liquidations happen and we shake out some weak hands. It was a bit rough today but soon we will see sunlight. Don't leverage, just spot and hold ur alts and BTC. Compare to previous cycle. Everything adds up in the bigger picture.
So this is with one of my own scripts to look at a broad movement to find a calculated retracement range for a buy the dip scenario. So far if you were bullish on XRP right now you would like to buy at a value vs buying at the top. The red and green ranges of this Indicator show where you would like to buy for a continuation up for new highs. We are currently dipping into the shallow range of it where one would start buying, but if we dip down to the lower ranges that is where the aggressive buying should happen. Everything makes a calculated move. Its on us to figure it out as traders and to assess our own risk on our buying/selling decisions.
The market is in correction. There's no point in overexplaining. The project is interesting and promising, with significant capital inflows. This asset is worth considering for personal investments. You can start buying right now. Additional purchases can be made manually if the correction continues, but even from the current levels, there’s potential for solid profit. Keep that in mind. DYOR. https://www.tradingview.com/x/mcT2ao0O/
https://www.tradingview.com/x/x5EENSLn/ Nq levels for tomorrow/tonight. Blue boxes are retracements/pivots and grey boxes are targets