Bitcoin Dominance Chart Setup Bitcoin Dominance is very useful in helping us understand where the money is flowing
: BTC Dom is currently trading in an uptrend move.
: BTC dom might follow the path I have created which might later result in a massive alts rally
: Btc Dom as of now shows some relief in ALTS can be seen and money after a decent Btc correction can flow back to BTC
: Closely monitor this and USDT dominance or even DXY works
: Nas, DJI, SPX, and gold have been outperforming try to understand the global markets as well.
: If the FED starts to cut rates then it will be very bullish for Crypto
Tradingsignals
BNB Binance Coin Trade Setup Binance Coin
: BNB from an investment perspective currently is a BIG NO
: Only enter BNB if you wanna shill or burn your money
: Traders who love volatility can take some chances
: IMO I expect BNB to easily grab some liquidity around 180-200$
: I will wait like a hawk and try to observe the price action there
: In the meantime, I will stay cash and not risk unnecessarily.
AVAX 1D SETUP AVAX SETUP
: AVAX printed 110% from our initial entry.
: The current price action of Avax is somewhat bearish and not clear
: Flat to bearish is the current trend I will term it as
: From an investment perspective do not enter here, traders can wait for the drawn paths to have a clear direction
: Accumulation Zones - 12-15$ 15-17$
: Sell Zones - 28-32$ 45-55$
: Horizon - 6-9 months for investors
: Traders - Wait for the market to present you an opportunity spot is the best way to double your capital
predict the next trend of XAUXAU has grown in the past three weeks. Experts predict that XAU will continue to grow in the near future. If it surpasses the 2008 threshold, XAU will still grow greatly.
According to the minutes of the two-day (October 31-November 1) monetary policy meeting released on November 21, US Federal Reserve officials acted cautiously and did not intend to raise interest rates. We agreed to do only that. Interest rates if progress in controlling inflation slows.
Minutes of the meeting showed that all participants agreed that the Fed's Federal Open Market Committee (FOMC) may proceed cautiously and that support for rate hikes appears to be receding. .
Inflation is slowing, with consumer prices flat in October compared to the previous month, and although the Fed has not yet declared an end to the fight against inflation, there are discussions to raise interest rates from the current 5.25% to 5.50%. % and how long it should be maintained. maintained. range.
The minutes of the meeting said further monetary tightening would be appropriate if there was information that indicated the FOMC's path to achieving its inflation target was inadequate.
AMD stock to take long entryLong AMD stock above 78 after the BO of the resistance line. This stock is in the correction stage & starting to pull back in that direction. The stock is also taking the support of 50 EMA levels and RSI crossing the 60 level too. This is for your educational purpose only.
XAU trading strategy after PPI and CPI newsGold prices rose slightly in European trading yesterday, but fell again at the close. Meanwhile, UK inflation is showing signs of declining. Specifically, the UK Consumer Price Index rose by 4.6% in October, the slowest rise in two years, and a significant decline compared to the previous month's 6.7%. The main reason is falling fuel prices. Furthermore, the core inflation index also fell from 6.1% to 5.7%. This data was released shortly after the US CPI report and contributed to the rise in gold prices.
Gold matched its 200-day moving average and posted a strong three-day rally to $1,935 an ounce. However, if the gold price declines and returns below the 200-day moving average, the upper bound of the downward price channel and the $1,883.70 level will become visible. Meanwhile, current support lies at $1,935, and the $2,000 level still acts as the next psychological resistance.
Currently, the RSI index is still above the 50 point threshold, but there are no signs of overbought yet, suggesting that gold has enough strength to return above the $2,000 threshold. . The price range is $2,009.
SOLANA Expected move (SMC)The recent increase in cryptocurrency has resulted in a bullish trend persisting for several days now. By examining the 1-hour chart of SOLANA, we identify an area of high demand where we can strategically plan a long trade. To ensure greater certainty, we can transition to a shorter time frame after addressing the Order Block and carefully evaluating CHoCH.
Smart Money Concepts.
UNION BANK (Monthly Time Frame)Trend line Breakout on monthly tf.
TGT are mentioned.
Plan acc. to your risk.
Plan to buy in sip form or wait for dip.
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we are not SEBI registered. this is not buy and sell advice.
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keep learning
keep growing
MOIL (Monthly Time frame)Can plan after breakout.
Possible 1st tgt is 400.
Psu stock :- whole sector is bullish.
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we are not SEBI registered. this is not buy and sell advice.
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keep learning
keep growing
Crypto Chart EGLDTHis is Giving Breakout and chart Lookin
g Bullish and For this You Can Enter Here
with the Price of 46.95
You need to make SL of 41
WIth Target of 49 - 52- 55- 60
Take Risk as per Your Capital U can Take This into Spot or Either Leverage on Crypto Exchanges
#CRYPTO # egld #SWINGTRADING
Gold sideway this weekAt the end of last week's session, GOLD continued to maintain a downtrend and fell around the 1933 - 1935 area. If we now label the wave, we can take the starting point of this downtrend at the 1963 - 1965 area, because Before that, there was a quick recovery that ended and created a downward structure afterward.
If we take the peak of wave 1 at 1933 - 1935, the price has now completed 4 large waves (Red Label) with wave 3 being an extended wave form. This morning, the wave 4 structure is forming at 1939 - 1942 and begins. Selling pressure appears again in this area, so the probability that this evening, the downtrend will continue to form.
With the trading strategy, we can wait to sell around the 1939 - 1942 area with a short-term target at 1933 - 1935. However, with this strong selling pressure, it is likely that the price will further decrease to the 1919 - 1924 area.
DXY: DXY technical analysis todayThe three major US stock indices continued to eke out small gains while bonds
rebounded from Monday’s corrective move lower, pushing yields down again.
Several Fed speaks turned out hawkish still despite last week’s dovish pause
and data weakness seen in the labour and services sectors. Fed Logan said
inflation still remains too high. Fed Waller said the spike in yields was an
“earthquake” for the bond market, while Fed Bowman said it was too soon for
policy makers to know the full effects of the recent rise. Earlier in European
and Asian sessions, stocks ended in the red as weaker than expected China
exports stoke fear growth in the economic giant is cooling much more than
expected. Futures are pointing to mixed openings in the Asia markets today.
• Global bonds rebounded and drove yields lower again by and large. The UST
curve shifted lower by 2-9bps across the curve led by the long ends, bull
flattening the curve. 10Y European bond yields also fell about 8-10bps with
the German bunds losing 8bps to 2.66% while the UK gilts shed 10bps to
4.27%
XAUUSD : Today gold will recover slightly Yesterday gold completely broke through the parallel price increase channel and the SPDR fund yesterday had no move to trade gold. Today we will have news from the FED due to Mr. Powell's speech. This is a very important speech. greatly affects gold. On the D1 chart, the stochastic is falling sharply and the histogram has a decreasing trend, so today our SELL zone is in the 1975-1978 zone and the BUY zone is in the 1960-1962 zone.
DXY: The trend I predict todayLast week, the DXY Index fell below the 106 mark, then continued to fall to the 105.50-105 range. In the short term, the risk of a trend reversal will only appear if the DXY index slips below 105. The decline is driven by the Fed's dovish stance and that will likely cause the greenback to decline. at least for a short while.
Optimism Trade Idea Optimism 1D Update:
- Op has been consolidating in the same zone for 2 months.
- Price action looks contracted in a range
- The overall market scenario looks bullish
- Op currently is sitting on the verge of a strong breakout
- Accumulation Zone - 1.35-1.4$
- Targets - 1.8$ - 2.6$
DXY : Today it is likely to recover slightly and continue to dec DXY today is likely to recover slightly and continue to decline, currently DXY is still in the bearish channel and today the news may be bad for DXY because non-agricultural employment is forecast to be bad so the possibility of a decrease in DXY is huge