Crypto_Arab

Crypto_Arab Updated 

Ethereum's volatility also makes this price movement scenario plausible. Similar to Bitcoin, Ethereum has experienced sharp corrections and rebounds in the past, and such a pattern could unfold again. A rise to $3K could occur after a period of consolidation or a market rally, fueled by renewed investor confidence or positive developments in the Ethereum network....

Crypto_Arab

Bitcoin's high volatility makes such price movements entirely plausible. Historically, the cryptocurrency has experienced sharp corrections and rebounds, as seen during the 2017 and 2021 market cycles. A drop to $52.5K could result from panic selling or bearish sentiment, potentially followed by a relief rally to $75K driven by renewed buying interest. However,...

Crypto_Arab

ETH/BTC has been steadily dropping for a while now, and it’s currently at an all-time low of 0.03. This prolonged decline could present a unique opportunity for those looking to accumulate at a lower price point. With market conditions being what they are, it might be the right time to consider buying before potential upside.

Crypto_Arab

In 2023, Bitcoin demonstrated strong upward momentum, surging from 15.7K to 44.4K without experiencing a significant correction. As we move into 2024, my forecast anticipates a potential retracement to test the support range between 30K and 26K, suggesting a prudent time to secure profits. An additional factor of consideration is the looming possibility of an...

Crypto_Arab

In light of the recent decline in the S&P 500 (SPX) and growing concerns about a potential economic recession, it is reasonable to anticipate that a price decline in the cryptocurrency market may be on the horizon. The performance of traditional financial markets, such as the S&P 500, often influences investor sentiment and risk appetite, impacting various asset...

Crypto_Arab

The Bull Market always come when no one is expecting it, can this time be different? During the past two weeks we have seen bitcoin rise in very strong move, I believe that this move can be sustained and 45K is not far off. TP1: 30k TP2:37.5K TP3:45K SL: 21K

Crypto_Arab

Giving the recent upward momentum most people will assume that the Bear Market is done and Bitcoin have finally made a bottom, However I believe and giving the recent economic condition it is readable to assume that the Bears is not yet done and the crash is coming. 12K Bitcoin is not out of the picture yet! We can clearly see that downward Trend channel is not...

Crypto_Arab

Bitcoin have broken the Daily MA200 which is a huge Bullish sign and a strong evidence that the Bull Market could be back, However given that the RSI is @88 it is reasonable speculate that a retest of Febnacci level @19700 is quite possible. Additionally the 200 Day Moving average is currently at 19500$ which could cause the price to pull back to that level!...

Crypto_Arab

BTCUSD is at strong support zone as per the highlighted Trend wave, will this be enough to shift the trend direction? Fingers crossed it does! TP1: 16875 TP2: 17250 TP3:17400 SL: 16350

Crypto_Arab Updated 

Bitcoin is on the perfect path to reach all time high, we have already tested 200MA and provided support. This is the last chance to buy before the Bulls continue to come. All time highs here we come!!! [email protected] TP2@75K

Crypto_Arab

Traders beware Bitcoin has changed its trend from up to down since it failed to reach the critical level of 67.5K to cement its move upward. hence a downtrend is expected at least to 52.5K level.

Crypto_Arab

The US stock market is due for a correction, it has been a wonderful journey going up, a but a reasonable mind must ask is this sustainable? can the US market continue to go up and up and up? the short answer is yes but until when.... In the above analysis I strongly believe that stock market is very close to a correction, further more studies shows that the...

Crypto_Arab

The stock maket right now is in one of the strongest Bull market since the great depression, However the question is "Until when??" in the above Idea I am trying to speculate on how could the market behave in the upcoming 6 - 12 months period. Please share your thoughts with me if you agree or disagree...

Crypto_Arab Updated 

The above channel was formed right after the 2008 financial crisis, and it continues to be a good Trend indicator, on may 2020 the spx broke the channel by closing under the support line however it recovered shorty after investor sentiment become more positive, in the current picture above we can see that it has already broken the channel by closing above the line...

Crypto_Arab

I have previously predicted that the SPX will decrease its value from its top formed at 3950, since its already reached and currently in un-justified levels, my outlook continuously bearish in the coming months.

Crypto_Arab

The speedy recovery of the S&P500 post Covid-19 were only fueled by continuous stimulus and Vaccine hopes, while the reality of the situation there is no way in truth the market is doing better now than in pre-Covid era!! hence it is un-logical for it to continuously reach all times high again and again!! The Market Is Like A Rubber Band That Often Snaps Back,...

Crypto_Arab

It has been a while and SPX is still varies in range in a upward rising channel, since the last trading day the SPX has managed to break the EMA20 which signals a downward trend has started. Traders expect a strong downward momentum!

Crypto_Arab

Based on the channel above I predict a short in SPX from the top of the highlighted channel.