#Ethereum Eyes Breakout: Will ETH ETF Decision Propel Prices to $6000? CRYPTOCAP:ETH is showing bullish signs with a falling wedge/bull flag pattern and a strong bounce off support. ETH ETF decision on Thursday. Deadlines for 4 ETF issuers are at the end of this month, starting May 23rd. Potential Targets: - Approval: #ETH could soar to $5000-$6000. -...
CRYPTOCAP:WIF Elliott Wave Analysis - The current EW 5-wave cycle appears complete, entering A-B-C correction. - Post C-phase correction, anticipate a significant upward rally towards $16-$20 (1200% potential). - Correction Target: Expecting a dip to 0.382 Fibonacci level ($1.60-$1.30). - Worst Case: Exit strategy if price breaks below the bull flag's red...
CRYPTOCAP:ETH Bull Flag Waiting for Breakout ETH ETF approval date is around the corner. Major resistance at $3100 level. If it breaks $3200 resistance, we could see #ETH toward a new all-time high at $5000 However, below $3200, we might see $2400 Monitor the bull flag pattern closely. #Ethereum
Yesterday, lower-than-expected monthly CPI and Retail Sales data in the US supported the possibility of multiple interest rate cuts by the Fed in 2024. US CPI decelerated to 0.3% in April, lower than the expected level of 0.4%. While Retail Sales were flat, missing the expected increase of 0.4%. The DXY index fluctuates around 104.20. The decline in US government...
AMEX:REZ Chart Analysis The chart shows a significant breakout above the descending trendline, indicating a potential bullish move. 85% Potential From Current Level.
USD/JPY edged lower on Wednesday, slipping back to the 153.00 level after a broad-based decline in the US Dollar (USD) shed weight against all of its major peers. The Japanese Yen (JPY) is also looking to ease selling pressure in the broad market, recovering ground as the Greenback declines. US Consumer Price Index (CPI) inflation eased slightly on Wednesday,...
The GBP/USD pair continued to rise near 1.2688 on Thursday during the early Asian session. The major pair's rally was supported by a weaker greenback following the release of softer US CPI inflation data. The outlook continues to be bullish as the pair successfully breaks resistance at 1.263 and makes this the expected new support level after a mild trend correction.
EUR/USD rose on Wednesday, one of the pair's best days of 2024, climbing to 1.0900 and on pace for a fourth straight weekly gain. Broad market selling pressure weighs on the US Dollar after risk appetite soars to the fore after US CPI inflation fell more than investors expected giving EURUSD the edge continue to increase.
LSK/USDT Chart Analysis LSK/USDT is forming a Bull Flag pattern with a breakout and retest already completed. Based on the chart pattern, a significant move is anticipated from here. Entry: $1.93 - $1.80 Targets: $2.00 $2.32 $2.75 $3.25 $5.00 Stop-Loss: $1.75 (and a strong stop loss below the red line) - Ensure proper risk management at all times. - Happy trading!
✅GBP_USD has broken the threshold Resistance is falling and breaking through It's been confirmed so I'm lost Quan Trends and I will look forward One step further LONG 🚀
✅EUR_USD created one Nice bullish breakout from the threshold resistance Decrease and Breakout confirmed So we are currently bullish and we will look forward one step further LONG 🚀
Hello everyone, let's learn about gold prices today. At the end of the trading session on May 15, gold increased by 27 USD, reaching 2,385 USD. During the trading session, at one point the gold price reached $2,390, the highest level in nearly a month. The USD index yesterday fell 0.6%, to its lowest level in more than a month. The depreciation of the USD has...
AEVO Down -80% from Its All-Time High AEVO, listed on Binance on March 13, 2024, experienced a significant price movement shortly after its listing. Within 15 days, AEVO hit an All-Time High (ATH) of $3.94 from its listing price of approximately $2.80. Current Status: Current Price: $0.76 Down -80% from ATH Technical Analysis Highlights: - The chart indicated a...
Currently, gold price has increased by 21.9 USD, reaching 2,357.6 USD/ounce, recovering to the high level from last week after positive news announced last evening. The main reason is the weakening of the USD and Treasury bond yields after data on US producer prices in April were published. The USD fell 0.2%, making gold more attractive to investors using other...
The gold market today showed a modest recovery, with the metal trading at approximately $2343, reflecting a 0.34% gain since yesterday's notable decline. However, there are emerging signs that gold may be forming an inverted cup and handle pattern. If this pattern fully materializes, it suggests the possibility of a further downside correction, reaching a...
Hello everyone, are you wondering about the trend of EURUSD? Currently, EURUSD continues to correct upward with the rise of bearish sentiment towards the US Dollar (USD) promoting a strong reaction of EUR/USD. The pair broke through many important resistance levels and turned this into a new support level. The recovery trend of EURUSD is also guaranteed when it...
EURUSD has decreased slightly at the end of the weekend session, with the closing price of over 1,076, but it still maintains a significant recovery trend in recent days. Important resistance levels for EUR/USD pairs are currently in the range of 1,0790 - 1,0800, determined by EMA 34, 89 and the upper boundary of the trendy channel. The next level of resistance...
Hi everybody. At the beginning of today's trading session, gold fell after a strong increase late last Friday. Year-to-date, the precious metal is down more than $10, reflecting a 0.48% drop on the day. Looking ahead, gold is expected to face more short- and medium-term corrections. However, from a long-term perspective, investors and markets are still optimistic...