Gold Price Analysis: Bearish Flag Forming Amid Choppy RecoveryAfter Monday's significant drop, the price of gold began a correction yesterday, reaching my first resistance zone at 2640 before resuming its decline.
However, gold found support around 2620 and started recovering again. The price action now appears to be forming a bearish continuation flag, suggesting that the next major move could be another downturn.
In the meantime, gold may continue to rise in a choppy fashion toward the next key level at 2660.
My strategy is to sell rallies near this zone, targeting a drop to 2590 while monitoring the newly established support at 2620.
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UsdJpy could drop 1000 pipsIn my previous post about USD/JPY, I highlighted the potential for JPY strengthening due to repatriation, referencing similar trends observed last year and usually in December
After reaching a high near 157, USD/JPY began to decline and is now testing the critical 150 level. At this point, a technical rebound is possible, but I view it as a selling opportunity. My belief is that repatriation is still in its early stages, and JPY has significant potential for further appreciation.
The 153-154 zone appears to be an ideal area to look for selling opportunities. With a stop placed above the recent high and a target near the 141 support level, a 1:4 risk-to-reward ratio could potentially be achieved.
CVXUSDT (ConvexFinance) Updated till 01-12-24CVXUSDT (ConvexFinance) Daily timeframe range. PA moving very nicely till now . still long way to go and it can if retail interest keeps up. very close to 5.479 a little bit push can break through. it can take a cooldown but staying above 3.540 is optimal.
Alikze »» ZK | Ascending Channel - 1D🔍 Technical analysis: The scenario of wave 3 or C super cycles in the ascending channel - 1D
- It is moving in an ascending channel in the daily time frame.
- According to the momentum and bullish guard, it is currently in the middle of the channel, which can continue its rise up to the range of the supply zone if the price breaks 0.1465.
- In addition, if it faces a correction in the middle of the channel, it can face demand again in the golden zone if it returns and continue the upward trend up to the ceiling of the channel and the supply range.
💎 Alternative scenario : In addition, if it faces selling pressure in the area of 0.1465 and the correction occurs quickly, the golden area is probably broken and the correction can continue until the OB area.
💎 Possible scenario:
Therefore, if the correction occurs in a zigzag fashion, it will have the ability to grow up to the specified areas and the bullish scenario can be more likely.
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BINANCE:ZKUSDT
Alikze »» XRP | Wave 3 or C bullish scenario - 1D🔍 Technical analysis: Wave 3 or C bullish scenario - 1D
- Ripple is moving in an ascending channel in the weekly time frame.
According to the current momentum, it can touch the range of 93 cents in the first step, which is an important supply area.
- Before hitting the supply area, he can break the roof of the channel and after hitting the supply area, he can have a correction or pullback to the broken channel roof.
- According to the previous structure that had a zigzag modification; It currently has a zigzag reversal to the upside, which could touch the targets indicated on the chart.
⚠️ In addition, according to the current structure, the price should not enter the Invalidation LVL range, in which case it should be reviewed and updated again.⚠️
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OKX:XRPUSDT
Hedera | HBAR , ETF & ATS300% Gains and a Bright Future
Since our first signal, HBAR has pumped over 321%, spotlighting this promising asset. With the launch of its Asset Tokenization Studio (ATS) in Q3 2024, Hedera Hashgraph has positioned itself as a leader in the tokenization revolution. This enterprise grade platform streamlines the digitization of real-world assets, addressing the rising demand for secure, scalable, and compliant solutions in asset management and trading.
Hedera’s Tokenization Breakthrough
Tokenization transforms physical or financial assets into digital tokens on a blockchain, enabling fractional ownership. This makes high-value assets like real estate, bonds, and equities accessible to a broader investor base. By improving liquidity, tokenization democratizes investment opportunities.
Hedera’s ATS simplifies this process with an open source framework designed for regulatory compliance and enhanced functionality. Powered by the Hashgraph consensus algorithm, the platform delivers unparalleled efficiency with thousands of transactions per second. Features like on-chain metadata, role-based access controls, KYC compliance, and supply cap enforcement ensure security and adherence to regulations.
ATS also includes advanced tools like token locking and pause functionality to address legal and security needs. Its interoperability with Ethereum standards (e.g., ERC-1400) ensures compatibility with established ecosystems. Moreover, integration with wallets like **MetaMask** and Blade Wallet enhances accessibility for issuers and investors alike.
A Booming Tokenization Market
The tokenization market is growing at an explosive pace. By late 2024, over $13 billion worth of real-world assets (RWAs) had been tokenized, with private credit, U.S. Treasury debt, and commodities leading the charge. Industry giants like JP Morgan, BlackRock, and BNY Mellon are also heavily investing in this space.
With analysts projecting the tokenized asset market to reach $16 trillion by 2030, Hedera is expanding its reach. Beyond ATS, initiatives like DOVU leverage Hedera’s technology to tokenize carbon credits, promoting sustainability. RedSwan facilitates fractional ownership of commercial real estate, and **abrdn** utilizes Hedera to tokenize money market funds, creating opportunities for smaller investors.
Recent advancements include the Nairobi Securities Exchange (NSE) joining the Hedera Governing Council, signaling progress in Kenya’s capital markets. Additionally, **Archax**, a regulated digital asset exchange, uses Hedera’s infrastructure to bridge traditional finance with digital assets. Collaboration with the Linux Foundation’s open-source “Hiero” initiative further underscores Hedera’s commitment to innovation.
HBAR’s Rally and Market Position
HBAR has experienced a significant rally, climbing nearly 320% last month. This surge followed Canary Capital’s filing for an HBAR ETF with the US SEC. Hedera's current price is $ 0.19, it has increased +15% over the past 24 hours. Hedera's All Time High (ATH) of $ 0.56 was reached on 16 Sep 2021, and is currently -66% down
The current circulating supply of Hedera is 38.20 Billions coins, and the maximum supply of Hedera is 50.00 Billions.Hedera’s 24 hour trading volume is $ 767.81 Million, which is insane
With its focus on cutting-edge solutions like ATS and strategic partnerships, Hedera Hashgraph continues to solidify its place at the forefront of the tokenization revolution. This hidden gem remains one to watch in the evolving digital asset landscape.
Lingrid | WIFUSDT in the ACCUMULATION phase. LongBINANCE:WIFUSDT is currently experiencing a period of consolidation, creating fake breakouts, higher lows, and lower highs. Following a surge, the market has settled into a sideways movement while remaining above the psychological level at 3.00. Recent price action has formed an inverse head and shoulders pattern, which typically signifies a potential reversal. Given these developments, I expect the market to find support at the upward trendline and bounce higher from this level, indicating a possible upward move. My goal is resistance zone around 3.500
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Lingrid | TONUSDT bullish MOMENTUM Pushes PRICE to Higher LevelsThe price perfectly fulfilled my last idea. It reached the TP. OKX:TONUSDT is showing a bullish momentum as it continues to make higher highs. It broke and closed above the significant psychological level of 6.00, as well as move above the highs from September and October. Recently, it has formed equal highs, which could suggest a potential sideways movement, possibly leading to the formation of an ascending triangle pattern. If the price remains above the trendline, I anticipate a breakout above these equal highs, allowing it to reach even higher levels. My goals is resistance zone around 6.87
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Oil: Time to Short? WTI Set to Plunge Over 10%Hey Realistic Traders, Is Oil About to Crash? Let’s Dive In....
What's the cause of sudden drop in oil prices?
U.S. President Donald Trump has pledged strong support for the oil and gas industry, aiming to streamline permits, boost domestic production, and expand drilling on federal lands. He has also criticized renewable energy subsidies and pushed for increased natural gas exports.
Aligned with Trump’s stance, the U.S. Energy Information Administration (EIA) has raised its 2023 oil production forecast to 13.23 million barrels per day, surpassing last year’s record of 12.93 million. Global output is also expected to increase, while weaker oil demand from China, driven by slowing economic growth, adds further downward pressure.
These policies and projections support the assumption of lower oil prices ahead
How much further could they decline?, Let's analyze it using technical analysis!
On the daily timeframe, TVC:USOIL is in a bearish continuation phase, potentially entering wave 3 of the trend. It has also broken out of a head-and-shoulders pattern that developed over the past 60+ days, signaling the end of a consolidation phase.
This breakout, paired with a bearish marubozu candlestick, strengthens the case for a continued downtrend. Adding to this, the MACD indicator has confirmed a bearish crossover, providing further confirmation of downward momentum.
With these signals aligned, we project a potential drop toward the first target of $60.51, and possibly even further to the secondary target of $57.80
This outlook remains valid as long as the price holds above the stop-loss level at $73.
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Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Oil.
5 REASONS TO STAY IN THE CRYPTO MARKETThe end of September aka rektember historically the worst performing month of the year is in sight, and October is fast approaching.
1/ October aka ‘Uptober’ or better to say "Moontober" is historically one of the best performing months of the year and in the past two bull run years October’s have all been green – third time’s a charm? FYI last year we pumped 29% and so many of us ordered Countach
2/ It ain’t just October – Q4 historically yields the highest returns of the year
Excited for Uptober? Just wait till we hit No Loss November baaaby!
3/ M2 projections vs. CRYPTOCAP:BTC looking bullish
M2 tracks the global supply of money. The more money is in the system, the more of it can flow into crypto. Here’s Bloomberg’s 10week projection of M2 supply (black) overlaid with CRYPTOCAP:BTC ’s current performance (red)
4/ The bull market historically takes off at this point
See that white line? That’s the current cycle
as you see The crypto market seems to be following historical bull market trends closely. We've experienced a stronger than usual rally ahead of the halving, largely driven by expectations around spot Bitcoin ETFs. However, the post-halving rally has been weaker, bringing the market back in line with typical patterns seen in previous cycles.
Potential for Growth: If past cycles are any indication, the market is expected to gain momentum from this point onward. Historically, after a weaker post-halving phase, a significant upward surge is needed to complete the cycle.
Cycle Length Considerations: There is evidence suggesting that each crypto cycle is lengthening in terms of duration. This trend may reflect increasing institutional involvement, as longer cycles often point to a more mature and stable market
5/ Rate cuts are here!
The Federal Reserve has cut interest rates by 50 basis points in their first rate cut since March 2020.This is now the most unexpected Fed decision since 2009.
And lowered rates allow more money to flow into markets over time.
and after btc pump we will have sweet alt party so buckle up and be ready for printing money
Aave | whales accumulating?The price of EURONEXT:AAVE suddenly skyrocketed by ~30 % in the past 10 hours, which seems to be related to the whale"0x5a80". Whale"0x5a80" has accumulated 182,152 EURONEXT:AAVE ($ 13.2M) from exchanges through multiple addresses in the past 10 hours. and currently holds 399,585 EURONEXT:AAVE ( FWB:30M ).
The price of Aave is $ 75 today with a 24hour trading volume of 520 million dollar. This represents a 32% price increase in the last 24 hours and a 50% price increase in the past 7 days. With a circulating supply of 14 Million AAVE, Aave is valued at a market cap of 1.1 billion dollar.
Aave is a decentralized money market protocol where users can lend and borrow cryptocurrency across 20 different assets as collateral.the protocol has a native token called AAVE, which is also a governance token that lets the community decide the direction of the protocol in a collective manner.
if whales keep buying and breaks the down trend then 77 and 79$ are next targets
many alts pumping now thanks to BTC jump
Lingrid | GOLD holds STEADY above the SWAP zoneOANDA:XAUUSD price action suggests that the market has shown resilience around the support level at 2620, which has been tested multiple times and has consistently rejected attempts to push lower, creating long-tailed bars that indicate buyers stepping in. This level acts as swap zone where the buyers seem to have regained control. On the daily timeframe, the price briefly dipped below the previous daily low by taking liquidity before bouncing back higher. It's important to note that the price is still trading within the previous week's range. Currently, as the market is bouncing between the top and bottom of the range, the failure to break below the support level at 2620 suggests that buyers may attempt to retest the resistance areas. My goal is resistance zone around 2679
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Lingrid | GBPCHF sideways MOVEMENT. Short OpportunityThe price perfectly fulfilled my last idea. FX:GBPCHF is currently moving sideways, oscillating between key support and resistance zones. The price is testing a strong resistance zone at 1.12000, which has proven significant, as the market has previously bounced off this level twice. Additionally, the market has approached the channel boundary, which acts like a trendline. Given these factors, I believe the market will continue its sideways movement, and I expect the price to fall toward the bottom of the consolidation zone. My goal is support zone around 1.11500
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