🔔 Wait For The Trigger in BTCUSDT!
Hi my dears
It seems that we are at the beginning of a downward trend in the Cryptocurrency of BTCUSDT. The yellow area that I marked in the picture is the area for collecting orders in the coming weeks. I think we have the potential to reach lower levels.
The black lines that I specified are the support areas in front of Bitcoin, when they are broken, the correction of Bitcoin begins. Wait for Bitcoin to move in the coming days.
what is your opinion? Do you think it is possible?
XAG USD ( Silver / US Dollar)
⚡️Strifor || SILVER-30/01/2024Preferred direction: SELL
Comment: Before the Fed meeting, silver is still considered short, but at the moment there is no entry point. The best option would be to enter through pending orders before the Fed meeting. We highlight two login scenarios. The main one ( scenario №1 ) assumes entry after the formation of a false breakout at the level of 23.32250 . Scenario №2 - involves entering after testing the resistance area at level 24 and then entering short. The target for the fall in both cases is located at the support level 22.66582 , with the potential for movement below.
Thank you for like and share your views!
⚡️Strifor || NZDUSD-30/01/2024Preferred direction: SELL
Comment: At the beginning of the week, the major currency pairs are showing quite mixed behavior, especially the currencies of the Pacific region. However, the medium-term and immediate prospects are still in favor of the US dollar . Regarding the New Zealand dollar , we expect a fall with a target at the level of 0.66000 . We highlight two main scenarios for ourselves; it is better to use a dynamic set of positions with a common stop-loss .
Thank you for like and share your views!
Silver H4 | Rising into confluence of Fibo resistanceSilver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 23.286 which is a pullback resistance that aligns with a confluence of Fibonacci levels i.e. the 50.0% retracement and the 61.8% projection.
Stop loss is at 23.730 which is a level that sits above an overlap resistance that aligns with a confluence of Fibonacci levels i.e. the 61.8% retracement and the 78.6% projection.
Take profit is at 22.589 which is a pullback support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
XAGUSD | Long Setup with Entry PointXAGUSD presents a bullish structure on the daily chart, where the price has bounced off the 0.705 Fibonacci level after entering the demand zone. I now expect the price to experience further growth towards the liquidity zone at the 24.20 level, as the previous liquidity area has already been filled. It is highly likely that the Federal Reserve will keep interest rates unchanged, potentially weakening the dollar and, consequently, leading to new increases in the week for gold, silver, EUR/USD, and GBP/USD.
SILVER Bullish Breakout! Buy!
Hello,Traders!
SILVER was trading below
The falling resistance
But now we are seeing
A bullish breakout so
I am now locally bullish
Bias and I think that we
Will see a further move up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
XAGUSD: Neutral on 1D. Use this LH trendline to trade.Silver is on a neutral 1D technical outlook (RSI = 45.485, MACD = -0.282, ADX = 24.810) as despite a straight downtrend since December 22nd 2023, it has registered three successive green 1D candles that pushed the price over the LH trendline of the December 4th 2023 High and the 0.382 Fibonacci retracement level. Technically, if the price stays over the LH trendline, it is a buy as every time it breached the 0.382 Fibonacci level, it rebounded over the 0.5 Fibonacci again (our TP = 23.750), except for September 29th 2023. Consequently if it crosses back under the LH trendline again, we will short and target the long term HL trendline (TP = 21.200).
See how our prior idea has worked out:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
SILVER: Bearish Continuation is Expected! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the SILVER pair price action which suggests a high likelihood of a coming move down.
❤️ Please, support our work with like & comment! ❤️
SILVER Trendline Resistance BreakHi Traders!
SILVER has broken its trendline resistance on the 1D chart.
Here are the details:
The market has found support around the 21.874 level, which is a previous swing low. Today's candle has opened above the trendline resistance and is currently on the 20 EMA.
We are looking for a close above the trendline resistance and a momentum push above the 20 EMA. The plan here is to buy market dips near the trendline resistance.
Preferred Direction: Buy
Resistance (FLAG CHANNEL): 23.25
Support (FLAG CHANNEL): 21.874
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
⚡️Strifor || SILVER-26/01/2024Preferred direction: SELL
Comment: According to the previous analysis, at the moment scenario №2 is activated for Silver , aimed at short. Here, we expect an approach to local support at the level of 22.00 . Most likely, in the near future, we will see updates to the local minima data where our current target is located.
It should also be noted that sell-priority is also relevant for Gold , and there the entry point is much more comfortable and the potential for a fall is greater, since our main target for silver was already closed on Monday of this week.
Thank you for like and share your views!
⚡️Strifor || USDJPY-26/01/2024Preferred direction: BUY
Comment: For the Japanese yen , the buy-priority remains and, according to scenario №2 , we continue to be in long-deal. The main growth target remains at 150 . It is expected that most of the movement towards this target will be realized today, before the start of the weekend.
Thank you for like and share your views!
⚡️Strifor || EURUSD-25/01/2024Preferred direction: SELL
Comment: The situation with the euro has not changed since our last review. Protracted accumulation continues at the level of 1.09000 . However, we continue to follow sell-priority. According to our later analysis (scenario #1 and #2) we expect a fall to 1.08000 . Also, in the longer term, we can consider a fall to 1.07000.
On Thursday, that is, today a large number of economic events from the EU and the USA are expected. Therefore, most likely today will be decisive and the instrument will finally shoot down, as we expect.
Thank you for like and share your views!