#DOGS The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected. The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition. A key…
👋🏻 Welcome to Satoshi Frame Channel. 🤑 Ethereum Classic has been in a downtrend and is now ranging inside a box pattern. The price has tested the top of the box three times, and at the same time, it has formed a 1 hour higher low within this range. 😵 If Ethereum Classic manages to…
Notice here a long long-term all-time high of $36.3 being on the list of targets. A more reasonable, conservative target sits at $20.8. Both these numbers are possible in the coming years. $20.8 is high probability as well as $13.1 before this newly developing market cycle ends. Good afternoon my fellow Cryptocurrency trader, I hope…
Welcome back to the Weekly Forex Forecast for the week of May 25 – 29th. In this video, we will analyze the following FX market: USD Dollar Despite the improving geopolitical outlook, the broader macroeconomic case for the Dollar remains resilient. Markets have largely priced out impending Fed rate cuts due to sticky inflation and…
On the higher timeframes, Gold remains firmly bearish. Both the Weekly and Daily structures continue to print lower highs and lower lows, confirming that sellers are in control of the market at this stage. Shifting to the shorter timeframes, the H4 and H1 charts have a well-defined resistance zone that every trader should have marked…
2Grab this chartGrab this chart WAIT FOR SELL OR BUY CONFIRMATION.BE PATIENT OR MISS THE TRUE DIRECTION .THE LAST SELL WAS AT THE ROOF OF THE ASCENDINGTRENDLINE AND THE NEXT WILL BE ON THE BREAK AND RETEST OT THE CURRENT DEMANDFLOOR .what is bitcoin??Bitcoin is the world’s first decentralized digital currency, often called “digital gold,”…
A Note From Publisher Stephen Prior: The markets and our Monument Traders Alliance offices will be closed Monday, May 25, for Memorial Day. So, we won’t be publishing our Trade of the Day letter. We hope you enjoy the long weekend, and you can expect to receive your next issue on Tuesday, May 26. Jet…
Rather than signaling a search for a strong breakout in the second half of May, Bitcoin appears to be in a consolidation phase, gauging market sentiment. The fact that the attempt to break above $82,000 was met with selling does not mean buyers have completely pulled back; however, it is clear that risk appetite on…
The most powerful AI chips in the world share one manufacturer. Nvidia, Apple, and AMD all design their chips in-house but ship the blueprints to the same place to be manufactured. Taiwan Semiconductor Manufacturing Company (TSM), is where every major AI chip moves from blueprint to finished product. No other company builds at this scale…
There’s a chart I keep coming back to… Not the price of the Dow… Not new highs of the S&P 500 and Nasdaq… This one: And once you understand what it’s telling you, you won’t be able to ignore it either. It’s called the $SPXA50R. It shows the percentage of S&P 500 stocks trading above…
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