traderabderakdidu

traderabderakdidu

Bitcoin and crypto as a whole is going to take a much-needed rest. The Next bull run will be much more execiting.

traderabderakdidu

Bitcoin just crashed approximately 14% from its all-time high, all the way down to the $90,500 area, and was quickly bought up, back above the major support area at the $96,000 area. I took a long position with a stop a bit below the major support area, around $94,600. The target is not set yet, but $98,600-$99,000 is my first main target area for a 2RR....

traderabderakdidu Updated 

The XAUUSD (Gold Spot against the US Dollar) is currently showing upward momentum, trading in a range of approximately $2,668 to $2,692 today. Recent technical indicators suggest bullish sentiment, with a positive daily movement reflecting potential further gains​ Analysis: Support Levels: Around $2,668, serving as a short-term floor. Resistance Levels: Near...

traderabderakdidu Updated 

🚀 As we zoom in from the monthly 📅 all the way down to the lower timeframes ⏱️, it's clear that BTC has had a monumental rally lately, pushing us just short of 100K 💯🤑—something the haters said would never happen. We're now in a consolidation zone 🤔, potentially setting up for: 1️⃣ A big range 🟦, 2️⃣ A break up 📈, or 3️⃣ A heavy retracement 📉. 💡 Key strategy: We...

traderabderakdidu Updated 

Gold is neutral on its 1D technical outlook (RSI = 49.080, MACD = -4.570, ADX = 25.048) as the price is ranged between the 1D MA50 and 1D MA100, on the lower band of the 7 month Channel Up. This suggests that there is significant upside potential to Gold on the medium term and the flat 1D MACD indicates high degree of similarity with June 2024 when the price was...

traderabderakdidu Updated 

** short term forecast, days and weeks ahead ** On the above weekly chart price action leaps up 40% since all of 30 days ago. A number of reasons now exist for a bearish outlook. The include: 1) Price action and RSI support breakouts. 2) Regular bearish divergence. Multiple oscillators now print lower highs with higher highs in price action. 3) Price action is...

traderabderakdidu Updated 

Gold has broken its trendline and is now trading below the resistance zone. Given the current conditions, it is expected that after a pullback to the broken level, the price may continue its bearish movement. Potential targets are located at the specified support levels.

traderabderakdidu Updated 

BTC in the daily time frame has a nice rising channel, which has a demand zone at the end. I think it can go down to a level where the liquidity can be grabbed and then rise again.

traderabderakdidu Updated 

China Discovers $83 Billion Gold Reserves in Hunan China has uncovered gold reserves valued at approximately $82.9 billion (600 billion yuan) in Hunan province, according to state media Xinhua. This discovery solidifies China’s position as the world’s largest gold producer, contributing roughly 10% to global output in 2023. The reserves, located in Pingjiang...

traderabderakdidu Updated 

Let's go back 7 years. On Dec. 1, 2017, BTC wicked down to $9,410 before going on its historic ride to $19,700, tallying a price move of more than 109%. This 2017 December ride coincided with the Chicago Mercantile Exchange (CME) and the Chicago Board Options Exchange (CBOE) both launching their respective physically-settled BTC futures trading products. The...

traderabderakdidu Updated 

The BTC/USDT pair on the H4 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Rising Wedge Pattern. This suggests a shift in momentum towards the downside in the coming Days. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around...

traderabderakdidu Updated 

The drop in EUR/USD has been remarkable, with the pair even breaking below the critical 1.0500 technical and psychological level. On Friday, it even spiked to a low of 1.0330. However, following this sharp decline, the pair opened on Monday with a gap up, which has since been filled, potentially signaling the beginning of a correction. Confirmation of a new...

traderabderakdidu Updated 

Yesterday we sold near 2650, and the gold price fell again, reaching a minimum of 2635, with a profit margin of 15$. Recently, we have made good profits for three consecutive short sales. If you follow, you should have made a lot of money. Congratulations. Today, the gold price rebounded again in the Asian session, and the current price is around 2663. From the...

traderabderakdidu Updated 

GOLD is in an ascending channel between the trend lines. The chart is moving from the lower boundary of the channel. The price has already reached the support level, which acted as a rebound point and is now holding above it and the 50% retracement level. We expect XAUUSD growth to continue.

traderabderakdidu Updated 

Despite the weekly correction, Bitcoin remains bullish on its 1D technical outlook (RSI = 66.961, MACD = 5631.400< ADX = 43.561) and even overbought on the 1W timeframe (RSI = 74.750). That is because the market has started the final parabolic rally, the cycle's most aggressive phase, supported by the 1W MA50. It can stay overbought until the top, the end of the...