Market Overview The crypto market capitalisation has stalled at around $2.70 trillion, reflecting ās indecision around $80,000. At the same time, risk aversion is mounting in global markets, which can be easily linked to profit-taking following the rally and the US dollarās upward momentum. Among the top coins, the leaders over the past day…
Weāve heard the drumbeat growing louder and louder by the dayā¦ Every boss, every CEO, every talking head on CNBC is shouting the same thing: āAI is coming for your job!ā Maybe thatās true for someā¦ But when it comes to trading, the most recent data proves (once again) that AI-based trading algorithms are nothing…
The price of crude oil futures settled at $98.07, up $2.65 or 2.78% on the day. Looking at the hourly chart, the low price today reached $96.13, briefly pushing below the rising 100-hour moving average, currently at $96.96 (blue line on the chart below). However, sellers were unable to sustain momentum below that key support…
The NZDUSD moved lower during the Asian-Pacific session in sympathy with the broader US dollar strength. However, each dip toward the rising 100-hour moving average attracted willing buyers, with the pair bouncing on several separate tests of that key support level. The inability to break below the 100-hour moving average helped give buyers the green…
The USDCHF continues to lean against its 100-hour moving average as a key resistance barometer. Corrective rallies last week stalled against that moving average on Tuesday, Wednesday, Thursday, and Friday ā and todayās rally attempt once again failed near the same level. If buyers are to take back more control, the pair needs to break…
The price of Meta Platforms gapped sharply lower following its April 29 earnings release, as investors reacted negatively to the companyās increased capital spending plans ā a development that triggered aggressive selling pressure. On the day of the earnings reaction, the stock fell decisively below its 100-hour moving average, 100-day moving average, and 200-hour moving…
Two years ago, Intuitive Machines (LUNR) tipped its lunar lander over on the moon. The IM-1 mission landed in February 2024, then immediately fell on its side, and the stock spent most of that year trading in single digits while traders moved on to the next story. The company had failed publicly, on live video,…
XAUUSD respected the marked reversal zone perfectly after a strong bearish move. Price reacted sharply from the demand area and started showing bullish intent on the 30M timeframe. Currently, Iām watching for continuation toward the upside as long as price holds above the highlighted support zone. The rejection from the lows indicates buyers are stepping…
FFUSDT | Deep Accumulation ā Base Formation ā High-Momentum Expansion Setup š FFUSDT has undergone a full market cycle, starting with a sharp distribution phase followed by a prolonged downtrend. Price has now stabilized at the lower range, forming a clear accumulation base after extended downside. āāāāāāāāāāāāāāā š Market Structure Breakdown ā¢ Initial phase: Strong…
ZEC/USDT Perpetual Trading Plan Trading Plan: ZEC/USDT PerpetualMarket Direction: Short (Daily Timeframe)Entry Price: 645.88Stop Loss Price: 782.50 Profit Targets & Position Management: 1. First Target: 488.00 – Reduce position by half, move stop loss to break-even 2. Second Target: 369.50 – Reduce remaining position by half, adjust stop loss upward 3. Third Target: 223.60 –…
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