Crypto
It’s been over a month since Bitcoin's significant drop in August, and things are finally beginning to settle. Market sentiment has shifted notably, and it "seems" we’re entering a bullish phase. But why the quotes around "seems"? In trading, nothing is ever
Crypto
As the market gains momentum, artificial intelligence (AI) is emerging as a significant driver, highlighted by strong performers like $FET and $TAO. Layer 2 solutions are also thriving, with $IMX standing out among the top performers. Meanwhile, the meme sector continues to yield consistent results, featuring various coins that have
Crypto
As we approach the FOMC meeting, it is crucial to deleverage as much as possible, given the uncertainty surrounding market reactions. Market participants are already anticipating a 50 basis point cut, which has driven traditional finance (TradFi) to new highs and pushed Bitcoin back into a safer zone, or just
Crypto
Quick Look into $BTC: The price has dipped below the yearly mid-level three times without significant downward continuation. Currently, both daily and weekly stochastics are at their lows, while the demand zone around $50k-$52k remains firm. Current Sentiment: * Sentiment is fairly bearish as we approach support. While Bitcoin has
Crypto
Market Review: Navigating September’s Trends Last week’s focus was on the US labor market report and its potential impact on Bitcoin and the broader market. The debate remains unresolved, which, in a way, could be a positive sign—if the debate were settled, it might indicate we’re
Crypto
The market has had ample time to process the recent significant drop, which, to date, is the most severe crypto market decline since the most recent lows, even exceeding the impact of the FTX collapse in November 2022. Given this context, it's important to consider what might serve
Crypto
Quick Update on Solana Things are moving slower than expected. For now, the price remains range-bound and is staying above the $125 level, which at least offers some reassurance. Let’s reestablish some basic key levels to watch for as we await increased market volatility. Weekly View: The price is
Forex
Quick Update on the USDCAD Pair: Things are progressing according to plan. As noted in the previous post, the pair turned bearish following a strong rejection at the multi-month resistance area. What’s New? The daily downtrend has just expired. We could see a relief bounce towards the mid-range level
Crypto
PEPE Although there wasn’t much action on this pair, it did trigger a buy above the $0.000008 level. However, the return was minimal, and it failed to hold above that level, returning to its starting point. Our new bid level is $0.0000065, which is part of the
Crypto
It is time to re-evaluate the active trades of the last two weeks. Bitcoin is coming in stronger and we have more confluence in our bullish bias being above $62k. If it manages to touch $64,143.4 in the remainder of the week, it gives us more reassurance that
Forex
After so many attempts to break to the land of Valhalla. Carrying a beautiful candle in bullish formation only to turn into a bomb and kill all the bulls and bring despair on the landscape. We were warning to get out of the longs, already in good profit, and start
Crypto
PEPE Nothing to update on this one. All plays are based on triggers on key levels so unless it reaches / breaks into the specific level, no action can be taken. It touched the $0.000008 level only to be pushed back hard and it is back to the gray area