Gold, Oil, SPX500 - all are starting to fall, with Oil leading the race. Dead cat bounce after beginning of March dump lasted for 30 days and now comes to an end, opening retracement stage.
We all know what happened on March 12th. Crypto King was strong, but dumped harder than ever before within last 2 years.
Do you think BTC halving will save crypto or Bitcoin will follow?
@WiseForex #Oil #Gold #SPX
We all know what happened on March 12th. Crypto King was strong, but dumped harder than ever before within last 2 years.
Do you think BTC halving will save crypto or Bitcoin will follow?
@WiseForex #Oil #Gold #SPX
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One of the best coins in Crypto Space.
$DOGE #DOGECOIN
The longest sideways accumulation going on here. These level at 23-27 sats are very nice zone for longs.
#DOGE/BTC (BUY)
π Entry 1 - 27 (30%)
π Entry 2 - 25 (30%)
π Entry 3 - 23 (40%)
π― Targets - 30 33 38 42 48
π― HODL Targets:- 55 60 70
Stop loss - 20ββ
@forex_tradings
One of the best coins in Crypto Space.
$DOGE #DOGECOIN
The longest sideways accumulation going on here. These level at 23-27 sats are very nice zone for longs.
#DOGE/BTC (BUY)
π Entry 1 - 27 (30%)
π Entry 2 - 25 (30%)
π Entry 3 - 23 (40%)
π― Targets - 30 33 38 42 48
π― HODL Targets:- 55 60 70
Stop loss - 20ββ
@forex_tradings
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π Entry 1 - 1440 (30%)
π Entry 2 - 1320 (30%)
π Entry 3 - 1200 (40%)
π― Targets - 1550 - 1680 - 1800 - 1950
π― HODL Targets:- 2100 - 2400 - 2700 - 3000
π©Stop loss - 1150 ββ
@forex_tradings
π Entry 1 - 1440 (30%)
π Entry 2 - 1320 (30%)
π Entry 3 - 1200 (40%)
π― Targets - 1550 - 1680 - 1800 - 1950
π― HODL Targets:- 2100 - 2400 - 2700 - 3000
π©Stop loss - 1150 ββ
@forex_tradings
And since I've mentioned SP500 and GOLD, these are the charts, so that you could see what I meant.
Gold is pulling back to re-test 1976 SR zone. And it falls fast and with volume. We may expect bounce here for sure. Maybe even up to 2015. But the rest of the move will depend on how stocks behave as now they are growing like crazy, and that doesn't help Gold at all.
@CryptoTrades #SP500 #Gold
Gold is pulling back to re-test 1976 SR zone. And it falls fast and with volume. We may expect bounce here for sure. Maybe even up to 2015. But the rest of the move will depend on how stocks behave as now they are growing like crazy, and that doesn't help Gold at all.
@CryptoTrades #SP500 #Gold
Gold failed to break above 1970. Expect BTC to follow. At the same time BTC dominance broke out above 60.5 and dumped alts.
@CryptoTrades #BTC #Bitcoin #Dominance #Gold
@CryptoTrades #BTC #Bitcoin #Dominance #Gold
π GOLD / USDT π
GOLD seem to be growing towards ~1977 resistance. Going long till there. Possible breakout to 2000-2010 as well. But I feel safer fix half profits at 1977 and then decide if I want to go short or let the other part grow higher.
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GOLD seem to be growing towards ~1977 resistance. Going long till there. Possible breakout to 2000-2010 as well. But I feel safer fix half profits at 1977 and then decide if I want to go short or let the other part grow higher.
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@CryptoTrades #Gold #XAU #FTX
Crypto Trades
π GOLD / USDT π GOLD seem to be growing towards ~1977 resistance. Going long till there. Possible breakout to 2000-2010 as well. But I feel safer fix half profits at 1977 and then decide if I want to go short or let the other part grow higher. π₯ Use cryptoβ¦
Gold failed to grow to the next strongest resistance as was stopped at 1969. Now at 1936 support and most probably will dip lower to 1926-1930. Next step down 1908 - the last one to stay within bullish scenario, which seem to be losing.
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Charts for SP500, Dow Jones and Gold, so that those involved only in crypto don't feel alone in this bearish market.
BTC dominance pumping. Its alts massacre everywhere. One of those moments when you better just stay away from spot market until situation really changes. Now growing towards 61.6-61.8 resistance. If breakout might pump towards 63.6. And that will be really bloody move for alts market.
@CryptoTrades #Gold #US30 #SP500
BTC dominance pumping. Its alts massacre everywhere. One of those moments when you better just stay away from spot market until situation really changes. Now growing towards 61.6-61.8 resistance. If breakout might pump towards 63.6. And that will be really bloody move for alts market.
@CryptoTrades #Gold #US30 #SP500
Crypto Trades
Gold failed to grow to the next strongest resistance as was stopped at 1969. Now at 1936 support and most probably will dip lower to 1926-1930. Next step down 1908 - the last one to stay within bullish scenario, which seem to be losing. π₯ Use crypto to tradeβ¦
GOLD broke down the triangle pattern and now at 1880 support. Might continue lower towards ~1800 support, but volume coming back, so we may expect a small bounce here as well. Bounce may take price back to 1900-1930.
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Crypto Trades
GOLD broke down the triangle pattern and now at 1880 support. Might continue lower towards ~1800 support, but volume coming back, so we may expect a small bounce here as well. Bounce may take price back to 1900-1930. π₯ Use crypto to trade Gold. Ref link giftβ¦
Gold bearish engulfing at 8H signaling for pullback, but I think it shouldn't drop lower than ~1880. An good chances it will bounce there to re-test 1900.
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Since I've mentioned stocks and DXY here are their charts. Stocks are really bullish. Dollar Index dropped below 2017-2018 yearly close at 92.28 (main resistance at 92.5), but in future might reverse back up unless lose 92 support. If that happen, DXY will continue down to ~91 and stocks/crypto fly to the moon.
Also keep an eye on gold. While above 1730 keep good chances for breakout towards 1777 - 1800 π
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Also keep an eye on gold. While above 1730 keep good chances for breakout towards 1777 - 1800 π
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@CryptoTrades #Stocks #DXY #Gold
Crypto Trades
π Daily Bitcoin chart review π Expected Bitcoin to bounce to ~56k and it overperformed my expectations making a new high. News about US inflation certainly helped that. Worth mentioning that stocks also made a higher low while dollar index dumped back toβ¦
Additional charts for Bitcoin review to describe what I see in global market situation.
#Gold found support at POC (3D chart).
#DXY bullish re-test of 93.5 - chances for bounce and uptrend continuation are still high (3D chart)
#SP500 made higher low (8H). Global uptrend is lost but we may still expect recover as it was in September 2020. Got to stay above POC on the next swing down.
@CryptoTrades #Stocks
#Gold found support at POC (3D chart).
#DXY bullish re-test of 93.5 - chances for bounce and uptrend continuation are still high (3D chart)
#SP500 made higher low (8H). Global uptrend is lost but we may still expect recover as it was in September 2020. Got to stay above POC on the next swing down.
@CryptoTrades #Stocks
Paul Tudor Jones is betting on crypto as a hedge against inflation, which he called βthe single biggest threat to financial markets.β
The billionaire founder of hedge fund Tudor Investment Corp. said that he prefers digital assets over traditional hedges like gold, and has βcrypto in single digits in my portfolio.β
βWe're moving into an increasing digitised world,β Tudor Jones said Wednesday in an interview on CNBCβs βSquawk Box.ββ βClearly there's a place for crypto, and clearly itβs winning the race against gold at the moment.β
@CryptoTrades #dailynews #paultudorjones #crypto #gold
The billionaire founder of hedge fund Tudor Investment Corp. said that he prefers digital assets over traditional hedges like gold, and has βcrypto in single digits in my portfolio.β
βWe're moving into an increasing digitised world,β Tudor Jones said Wednesday in an interview on CNBCβs βSquawk Box.ββ βClearly there's a place for crypto, and clearly itβs winning the race against gold at the moment.β
@CryptoTrades #dailynews #paultudorjones #crypto #gold
Seriously. Is Bitcoin real digital gold? If so that Gold move gives us some hopium π
@CryptoTrades #Gold
@CryptoTrades #Gold
Gold To Climb In 2022, But Millennials Will Fuel Bitcoin's Growth.
Frank Holmes, the founder and CEO of the investment business U.S. quoted that despite the fact that gold has the potential to climb in value in 2022, Global Investors predict that Bitcoin will surpass the precious metal, because of millennial activity.
In an interview with Kitco News, Holmes stated that the rise of Bitcoin is undermining gold's reputation as a store of wealth, but that the cryptocurrency's primary challenges are volatility and regulatory crackdown.
@CryptoTrades #dailynews #btc #bitcoin #gold
Frank Holmes, the founder and CEO of the investment business U.S. quoted that despite the fact that gold has the potential to climb in value in 2022, Global Investors predict that Bitcoin will surpass the precious metal, because of millennial activity.
In an interview with Kitco News, Holmes stated that the rise of Bitcoin is undermining gold's reputation as a store of wealth, but that the cryptocurrency's primary challenges are volatility and regulatory crackdown.
@CryptoTrades #dailynews #btc #bitcoin #gold
π° HSBC Launches #Gold Tokenized Products for Hong Kong Retail Investors π°
HSBC becomes the first bank to offer blockchain-based gold products for retail investors in Hong Kong ππ° with the launch of a gold tokenization product in partnership with Swiss crypto custody specialist Metaco.
@CryptoTrades
HSBC becomes the first bank to offer blockchain-based gold products for retail investors in Hong Kong ππ° with the launch of a gold tokenization product in partnership with Swiss crypto custody specialist Metaco.
@CryptoTrades