#Litecoin and #Ethereum Forecast (29 MARCH 2024)

Ethereum Forecast: Continues to Grind Higher

Ethereum rallies, targeting $700 and potentially $4100. Strong support at $3000 and $1000. Bullish trend aligned with Bitcoin, with inflows suggesting a continued upward trajectory in crypto market.

• Ethereum rallied slightly during the trading session on Thursday, as it looks like we continue to see a lot of inflows when it comes into crypto.
• Ultimately, this is a market that every time is if you need to be a buyer of it, due to the fact that it has been so overwhelmingly bullish, right along with Bitcoin.
• That being the case, I’m paying close attention to the $700 level, because we can break above there, then I believe that Ethereum really could start to take off.

Underneath, I see the 50-Day EMA as a potential support level, followed by the thousand dollars level. The $3000 level was a major psychological victory for bulls, and therefore you have to look at it through the prism of a potential floor in the market. I do like the idea of taking advantage of “cheap Ethereum” going forward, because it does allow you to scale into a longer-term position.

The ceiling above

The $4100 level for me is the ceiling above, and we will have to pay close attention to it if we do start to rally. Ultimately, I think this is a situation where you have to be very cautious, but you also have to recognize that we are extraordinarily bullish and that’s not likely to change very this, I think it’s only a matter of time before we break above the $4100 level and continue to go much higher. In that environment, I think it’s likely that the market goes looking for the $4500 level the next several months.

Underneath, if we were to break down below the $3000 level, it would change the outlook for this market completely, making it extraordinarily bearish all of the sudden. Ultimately, this is a market that I think will continue to take its cues from bitcoin, so therefore you need to pay close attention to that market as well. In the end, I think you have a situation where are going to continue to see money flowing into crypto in general, and of course as Ethereum is the backbone for most ecosystems, it does make a certain amount of sense that it would be one of the major beneficiaries.

Litecoin Forecast: Continues to Probe Higher

Litecoin sees steady rally, aiming to breach $100. Strong momentum and Golden Cross signal bullish trend, with a potential surge towards $125. Support at $80 with focus on following Bitcoin's trajectory.

• Litecoin has seen a bit of a rally over the last couple of months, just as we have seen in other crypto markets.
• All things being equal, Litecoin typically will follow the trajectory of Bitcoin, although at a much lower pace.
• Ultimately, this is a market that seems to be struggling with the idea of $100, so we can break above there I think it’s very possible that we start to see momentum jump into the market and we get a bit of “FOMO trading” coming into the picture.

Litecoin Continues to Rise

Regardless, the one thing that you see on this chart is that we continue to rise in value. The last couple of days have been a little bit choppy, but at the end of the day it is still a very bullish market. We recently seen the Golden Cross, with the 50-Day EMA breaks above the 200-Day EMA, a longer-term “buy-and-hold” scenario. Ultimately, this is a market that I think continues to see a lot of momentum chasing, but you can do so little easier than you can with bitcoin, due to the fact that it’s a cheaper contract.

If we can break above the $106 level, I think Litecoin has a real shot at going much higher, perhaps reaching toward the $125 level. Underneath, the 50-Day EMA, sitting right around the $80 level, should be your support. I don’t have any interest in shorting crypto at the moment, and that of course includes Litecoin. Whether or not we get any adoption into crypto when it comes to the real world is a completely different question altogether, but right now it certainly looks like nobody cares. This is all about chasing hot money, so therefore you have to trade with the momentum. Ultimately, this is a market that given enough time should continue to see a lot of inflows, but it doesn’t necessarily mean that we will go straight up in the air. Make sure to watch her leverage, because crypto of course can be extraordinarily volatile, but it’s obvious that we only have one direction right now.

To get ACCURATE LIVE ACCURATE 2-3 TRADES (Forex/Comex/Stocks) Telegram: Financial Advisor

BEST FOREX SIGNAL TELEGRAM GROUP
XAUUSD FOREX INDICES ACCOUNT MANAGEMENT

#SaudiArabia #UAE #Qatar #HongKong #Portugal #PortugueseGP #France #forex #commodities #forexSaudiarabia #forexYemen #forexasia #forexJordan #Singapore #UAE #UK #forexsignals #SwingTrading #周 #USDollar #inflation #FOMC #China #kuwait 

Read More

#ETHUSD Unlocks 21-month High Just Shy of 3,000

• ETHUSD extends structure of higher highs
• Posts 21-month peak a tad below 3,000 psychological mark
• Momentum indicators point to overbought conditions

ETHUSD (Ethereum) has been developing within a bullish channel since late October, surging to consecutive higher highs. On Tuesday, the price leaped to a fresh 21-month peak of 2,984, but traders should be cautious as the momentum indicators are hinting at overbought conditions .

If buying pressures persist and the price storms to fresh highs, the bulls might attack the 2022 hurdle of 3,050. A break above that zone could open the door for the February 2022 peak of 3,250. Failing to halt there, Ethereum may advance towards the April high of 3,580.

Alternatively, in case of a pullback, the price may slide towards the January peak of 2,720, which could serve as support in the future. Further declines might cease at 2,450, a region that acted as support in March 2022 and coincides with the 50-day simple moving average (SMA). Even lower, the January bottom of 2,170 could provide downside protection.

In brief, ETHUSD’s rally has accelerated after the profound break above the 50-day SMA, with the price jumping to its highest since April 2022. However, the risk of a pullback is increasing as the short-term oscillators are starting to warn of an overstretched advance.

To get ACCURATE LIVE ACCURATE 2-3 TRADES (Forex/Comex/Stocks) Telegram: Financial Advisor

BEST FOREX SIGNAL TELEGRAM GROUP
XAUUSD FOREX INDICES ACCOUNT MANAGEMENT

#SaudiArabia #UAE #Qatar #HongKong #Portugal #PortugueseGP #France #forex #commodities #forexSaudiarabia #forexYemen #forexasia #forexJordan #Singapore #UAE #UK #forexsignals 

Read More

#Ethereum Forecast: Look for a Final Push (9 Jan 2024)

In the recent trading session, the market has been in a consolidation phase, accumulating momentum for an upward push.

• Ethereum, after a brief dip in Monday's trading session, has shown signs of resurgence, breaking above the 20-day Exponential Moving Average.
• The momentum suggests a potential target of around $2,400. This level has repeatedly resisted price advances and represents a significant point of interest.
• However, it's important to note that Bitcoin remains the primary driver in the cryptocurrency market.

The $2,400 level is expected to continue offering resistance. Should a breakthrough occur, the market might make a concerted effort to surpass the $2,500 level, which also holds considerable attention and resistance. Beyond that, the $2,750 level becomes the next potential target. Over the longer term, there is a possibility of ascending even further, with a measured move from the previous ascending triangle indicating a potential destination of $3,400 or potentially higher.

Consolidation Phase

In the recent trading session, the market has been in a consolidation phase, accumulating momentum for an upward push. The $2,100 level is considered reliable support, complemented by the presence of the 50-day EMA in the same vicinity. These elements align to create a setup that suggests an impending upward move. Additionally, if there is an expectation of central banks adopting loose monetary policies, it could benefit Ethereum and the broader cryptocurrency market. Monitoring the 10-year yield is crucial in this context. A decline below the $2,000 level would necessitate a reassessment of the entire market. However, for now, the prevailing sentiment leans towards buying opportunities during dips.

In the end, Ethereum has displayed renewed strength, breaking above the 20-day EMA and potentially targeting the $2,400 level. Resistance is expected at this juncture, with subsequent targets at $2,500 and $2,750. A longer-term perspective suggests the possibility of reaching $3,400 or even higher. The market has been consolidating recently, with support at $2,100 and the 50-day EMA reinforcing this zone. The prospect of looser central bank policies could further boost Ethereum and the broader cryptocurrency market. Keeping an eye on the 10-year yield is essential. A drop below $2,000 would necessitate a reevaluation, but for now, buying the dips appears to be the prevailing strategy employed by most traders around the world. The market continues to see plenty of opportunities for people to take advantage of now.

TO GET ACCURATE LIVE ACCURATE 2-3 TRADES (Forex/Comex/Stocks) Telegram me: Financial Advisor

BEST FOREX SIGNAL TELEGRAM GROUP
XAUUSD FOREX INDICES ACCOUNT MANAGEMENT

#SaudiArabia #UAE #Qatar #HongKong #Portugal #PortugueseGP #France #forex #commodities #forexSaudiarabia   

Read More

#ETHUSD Trades Sideways After Decline Pauses (4 January 2024)

• ETHUSD spikes aggressively to the downside
• Rebounds quickly and moves sideways in the last sessions
• Momentum indicators are heavily tilted to the downside

ETHUSD (Ethereum) experienced a sharp retreat following the formation of a double top pattern in the four-hour chart. Although the bulls managed to recoup some losses after the price tumbled to a fresh one-month bottom of 2,108, the digital coin is still hovering beneath both its 50- and 200-period moving averages (SMAs).

Should the sideways pattern break to the upside, immediate resistance could be encountered at the December support of 2,255. Breaking above that zone, the price may challenge the December resistance of 2,343 ahead of the 2,403 barrier. A violation of the latter might pave the way for the 2023 peak of 2,447.

On the flipside, bearish actions could send the price lower towards the recent support of 2,178. Failing to halt there, Ethereum could revisit its one-month bottom of 2,108. Even lower, the 1,985 hurdle registered in late November could provide downside protection.

Overall, ETHUSD managed to erase a part of its steep slide, but the price is still holding below both its 50- and 200-period SMAs. Hence, a break above the crucial hurdles is needed for the technical picture to improve.

TO GET ACCURATE LIVE ACCURATE 2-3 TRADES (Forex/Comex/Stocks) Telegram me: Financial Advisor

BEST FOREX SIGNAL TELEGRAM GROUP
XAUUSD FOREX INDICES ACCOUNT MANAGEMENT

#SaudiArabia #UAE #Qatar #HongKong #Portugal #PortugueseGP #France #forex #commodities #forexSaudiarabia 

Read More

#Bitcoin trader with $12K #BTC price target warns 'weeks' to #crypto comedown (22 Dec 2023)

Bitcoin(BTCUSD), Ether(ETHUSD) and other crypto tokens are still in line for “new lows,” says the trader who has held a $12,000 BTC price target throughout the year.

Crypt bull market: "The beginning of the end"?

Bitcoin and Ether may be up 163% and 92% year-to-date respectively, per data from Cointelegraph Markets Pro and TradingView, but for the ever-controversial Il Capo of Crypto, a collapse is just a matter of time.

Stubbornly refusing to believe the enthusiasm around crypto’s 2023 renaissance, he now believes that a doomsday scenario lies around the corner.

BTCUSD, he said, is “probably forming a local top here at 40k-45k,” echoing a previous analysis sent to Telegram channel subscribers.

“ETH could reach 2500s, and some alts could have the last pumps,” part of the post stated.

“After this, a full reversal to new lows is likely over the next few weeks.”

While nothing unusual, Il Capo of Crypto’s bearish stance comes at a conspicuous time in Bitcoin’s history.

As Cointelegraph continues to report, the United States is thought to be on the cusp of approving its first Bitcoin spot price exchange-traded fund — an event many see opening up BTC to institutional capital en masse for the first time.

$48,000 is in fact a popular BTC price target for around the decision, this due by Jan. 10 at the latest.

In November, meanwhile, Il Capo of Crypto announced “the beginning of the end.”

“Summary: prices going even higher than expected but everything is very overextended and the sentiment is extremely bullish”.

“A big correction is due, maybe a blow off top.”

Analysis: Bitcoin ETF demand will likely "fall short"

Others also acknowledge that a more significant correction than those seen thus far would be a healthy bull market catalyst.

Related: Coinbase stock 2023 returns pass 400% as COIN beats tech giants, Bitcoin

In its final market update of 2023, trading firm QCP Capital concluded that such a scenario could follow the ETF confirmation — even if positive.

“As we finally approach the launch, we need to point out that it is likely that the actual demand for the BTC Spot ETF at the start will fall short of market expectations. This sets up a classic ‘sell the news’ scenario in the 2nd week of Jan,” it predicted.

“For this reason, we expect topside resistance for BTC in the 45-48.5k region and a possible retracement to 36k levels before the uptrend resumes. We are confident that the trend higher will eventually continue (perhaps after a few weeks) as the market positions for a strong rally into the BTC halving.”

TO GET ACCURATE LIVE ACCURATE 2-3 TRADES (Forex/Comex/Stocks) Telegram me: Financial Advisor

BEST FOREX SIGNAL TELEGRAM GROUP
XAUUSD FOREX INDICES ACCOUNT MANAGEMENT

#SaudiArabia #UAE #Qatar #HongKong #Portugal #PortugueseGP #France #forex #commodities #forexSaudiarabia #forexYemen #forexasia #forexJordan #Singapore #UAE #UK #forexsignals #SwingTrading  

Read More

#Ethereum (#ETHUSD) Should Find Buyers in 3, 7, or 11 Swing (19 Dec 2023)

Short Term Elliott Wave View in Ethereum (ETHUSD) shows that it has ended wave (3) at 2401.18. Pullback in wave (4) is currently in progress as a double three Elliott Wave structure. Down from wave 93), wave (a) ended at 2324.3 and wave (b) ended at 2374.78. Wave (c) lower ended at 2142.28 which completed wave ((w)). The crypto currency then corrected in wave ((x)) as a zigzag structure. Up from wave ((w)), wave (a) ended at 2257.38 and wave (b) ended at 2146.35. Wave (c) higher ended at 2331.34 which completed wave ((x)).

The crypto-currency then turned lower in wave ((y)). Down from wave ((x)), wave (a) ended at 2204.42 and wave (b) ended at 2255.08. Wave (c) lower ended at 2114.22 which completed wave ((y)) of W. Ethereum is now correcting cycle from 12.9.2023 high in wave X as a zigzag structure. Up from wave W, wave ((a)) is expected to end soon, then it should pullback in wave ((b)), followed by further upside in wave ((c)) of X. Then, as far as pivot at 2401.18 high remains intact, the crypto-currency has scope to see further downside in a larger double three in wave Y.

Ethereum (ETHUSD) 60 Minutes Elliott Wave Chart

TO GET ACCURATE LIVE ACCURATE 2-3 TRADES (Forex/Comex/Stocks) Telegram me: Financial Advisor

BEST FOREX SIGNAL TELEGRAM GROUP
XAUUSD FOREX INDICES ACCOUNT MANAGEMENT

#SaudiArabia #UAE #Qatar #HongKong #Portugal #PortugueseGP #France #forex #commodities #forexSaudiarabia #forexYemen #forexasia #forexJordan #Singapore #UAE #UK #forexsignals #SwingTrading    

Read More

#Ethereum Forecast: Showing Volatility Amid Economic Concerns (18 Dec 2023)

In the current market environment, there is little rationale to consider selling Ethereum.

• Ethereum's Friday session saw an attempt at a rally followed by a retracement, reflecting the prevailing noisy behavior in the market.
• The intricate dynamics of Ethereum are influenced by various factors, including interest rates and economic indicators, both of which are in a majorly noisy environment at the moment.

Traders are closely monitoring interest rates, as they play a pivotal role in determining Ethereum's performance. Additionally, concerns emerged from the Empire State Manufacturing numbers, hinting at growing unease about the possibility of an impending recession.

However, as the year-end approaches, Wall Street remains focused on seeking returns, which could translate into continued interest in cryptocurrencies as an investment option, to “chase performance.”

Support Below

A significant support level lies at $2,100, which was previously a substantial resistance level. This level continues to attract buyers who see Ethereum as a valuable asset, especially with the year-end boost in the crypto market in mind.

On the upside, the $2,350 level may act as a barrier, causing some hesitation in Ethereum's ascent. Should this level be breached, the $2,500 mark becomes the next target. This would be the bullish scenario that I think a lot of people are counting on.

In the current market environment, there is little rationale to consider selling Ethereum. Profit-taking is a natural occurrence and may be expected in the vicinity of current prices. The prudent approach is to consider a "buy on the dip" strategy, but with a measure of caution not to become overly aggressive. The market's direction is clear, and Ethereum appears poised for further gains.

Consequently, selling Ethereum does not appear to be a favorable option at this juncture. Instead, traders may want to keep a watchful eye on the $2,100 support level, viewing any potential dip as an opportunity. Whether Ethereum experiences a drop or continues its ascent, there are prospects for traders who remain attentive and exercise caution in their approach.

At the end of the day, Ethereum's market landscape is characterized by volatility and sensitivity to economic indicators. Interest rates and economic concerns are currently driving market sentiment. While profit-taking is anticipated, the overall trend remains bullish, favoring a "buy on the dip" strategy. Ethereum's path toward the $2,500 level seems plausible, and traders should remain vigilant for potential opportunities, particularly around the $2,100 support level.

 

TO GET ACCURATE LIVE ACCURATE 2-3 TRADES (Forex/Comex/Stocks) Telegram me: Financial Advisor

BEST FOREX SIGNAL TELEGRAM GROUP
XAUUSD FOREX INDICES ACCOUNT MANAGEMENT

#SaudiArabia #UAE #Qatar #HongKong #Portugal #PortugueseGP #France #forex #commodities #forexSaudiarabia #forexYemen #forexasia #forexJordan #Singapore #UAE #UK #forexsignals #SwingTrading   

Read More

#Ethereum #ETHUSD: Looks Bullish (15 Dec 2023)

In this journey, we must keep an eye on the $2050 level, which is where the 50-Day Exponential Moving Average sits. If Ethereum drops below this level, it could spell trouble.

• Ethereum has been on a roll lately, and it's not just a fluke.
• The reason behind this rally is the growing speculation around central bank policies worldwide. You might wonder how these bank policies are connected to a digital currency like Ethereum, but the answer is simple.
• When central banks make big decisions, it affects the entire financial world, and Ethereum is part of that world.

So, what's the deal with Ethereum's recent price surge? Well, it's all about risk appetite. When people are feeling bold and ready to take risks, they tend to invest in assets like Ethereum. It's like a rollercoaster ride for investors, and Ethereum is one of the exciting markets when it comes to momentum and risk appetite aspects.

But here's the catch: even rollercoasters have their ups and downs. Ethereum is no different. We can expect a short-term pullback in its price. Think of it as a small dip in the rollercoaster ride. However, this dip can be a golden opportunity for smart investors. If Ethereum's price gets close to $2100, many buyers will swoop in to grab some "cheap Ethereum."

Next Target: $2500

Now, let's look at the next target: $2500. This is the level that Ethereum enthusiasts are eyeing in the short term. If Ethereum manages to break above this level, we could see it go even higher. But breaking that barrier won't be a piece of cake; it's like reaching the summit of a challenging mountain. Nevertheless, it's not impossible, and Ethereum could conquer it eventually.

In this journey, we must keep an eye on the $2050 level, which is where the 50-Day Exponential Moving Average sits. If Ethereum drops below this level, it could spell trouble. We'd have to rethink our whole strategy. However, the chances of that happening in the near future seem slim. So, for now, it's best to see this as a "buy on the dips" opportunity.

But Ethereum isn't alone in this crypto adventure. Bitcoin, often considered the leader of the crypto pack, can influence the entire crypto world. So, if you plan to trade Ethereum, keep a watchful eye on the Bitcoin market as well. The two are closely connected, and what happens in one can affect the other.

Ultimately, Ethereum's recent rally is tied to the global speculation surrounding central bank policies. While we can expect some short-term ups and downs, Ethereum has the potential to reach new heights. Keep an eye on key levels, pay attention to Bitcoin, and stay aware of the US Dollar's influence.

TO GET ACCURATE LIVE ACCURATE 2-3 TRADES (Forex/Comex/Stocks) Telegram me: Financial Advisor

BEST FOREX SIGNAL TELEGRAM GROUP
XAUUSD FOREX INDICES ACCOUNT MANAGEMENT

#SaudiArabia #UAE #Qatar #HongKong #Portugal #PortugueseGP #France #forex #commodities #forexSaudiarabia #forexYemen #forexasia #forexJordan #Singapore #UAE #UK #forexsignals #SwingTrading  

Read More

#Ethereum Forecast: Market Dynamics Reflect Uncertainty (7 Dec 2023)

In the end, Ethereum's market is at a crossroads, influenced by its recent breakout, correlation with Bitcoin, bond market dynamics, and the broader economic environment.

• During Wednesday's trading session, Ethereum exhibited fluctuating behavior, signaling a period of consolidation as the market heads into the latter half of the week.
• This pattern comes after a notable breakout, suggesting that the market might be adjusting after recent gains.
• Additionally, Ethereum's movements are often influenced by Bitcoin, which is currently exhibiting a similar market stretch.

FOMO and the Death of Crypto Traders

Investors and traders in the crypto market need to approach with caution, particularly in terms of position sizing. The allure of quick gains can often lead to impulsive decisions, characterized by "Fear of Missing Out" (FOMO) trades, which have been the downfall of many in the crypto space. Patience and identifying value are key strategies in navigating this volatile and unpredictable market.

Currently, the perceived "floor" of the market for Ethereum is around the $1925 level, which is the base of the previous consolidation area and coincides with the 50-Day Exponential Moving Average. This level might act as a critical juncture for determining Ethereum's future movements.

In the end, Ethereum's market is at a crossroads, influenced by its recent breakout, correlation with Bitcoin, bond market dynamics, and the broader economic environment. Investors are advised to stay vigilant, focusing on value and patience rather than succumbing to impulsive trading strategies. The coming days and weeks will be crucial in ascertaining Ethereum's trajectory in the ever-changing landscape of cryptocurrency markets.

TO GET ACCURATE LIVE ACCURATE 2-3 TRADES (Forex/Comex/Stocks) Telegram me: Financial Advisor

BEST FOREX SIGNAL TELEGRAM GROUP
XAUUSD FOREX INDICES ACCOUNT MANAGEMENT

#SaudiArabia #UAE #Qatar #HongKong #Portugal #PortugueseGP #France #forex #commodities #forexSaudiarabia #forexYemen #forexasia #forexJordan #Singapore #UAE #UK #forexsignals #SwingTrading

Read More

#BTCUSD and #Ethereum Forecast (6 Dec 2023)

Ethereum Forecast: Looks Strong

Currently, the trajectory for making profits in the Ethereum market appears to be on the upside.

Ethereum's recent performance has raised many questions about its potential for further upward movement. Over the weekend, Ethereum experienced a significant surge, indicating that the $2200 level, possibly extending down to the $2100 level, is now providing short-term support. This development suggests a growing inclination among investors to adopt a "buy on the dips" strategy, reflecting confidence in Ethereum's upward trajectory. The cryptocurrency has been consistently bullish, bolstered by expectations regarding the United States' monetary policy, which is a crucial factor influencing its value. Currently, traders are speculating that the Federal Reserve is going to start cutting rates in March.

Cheap Money Drives Market, Or At Least the Idea of It

• Ethereum's growth is closely tied to the availability of inexpensive money and low interest rates in the United States. These economic conditions create an environment conducive to Ethereum's ascent.
• Ethereum plays a foundational role in blockchain applications, although its broader utilization within blockchain technology is still evolving.
• The speculative nature of Ethereum is a key aspect of its appeal to investors, with the primary objective being the potential for profit.

Currently, the trajectory for making profits in the Ethereum market appears to be on the upside. A decisive break above the $2300 level could pave the way for Ethereum to reach the $2500 mark over time. The 50-Day Exponential Moving Average is located at the lower boundary of Ethereum's recent consolidation zone, suggesting that it could provide a robust short-term foundation for the market. This level might also represent the base of the uptrend, especially if Ethereum faces significant selling pressure. This is going to be a potential buying opportunity, assuming you even get it. This is a market that will also follow Bitcoin as well – so pay attention to that market at the same time.

Overall, Ethereum's market dynamics are influenced by several factors, including global monetary policies, its role in blockchain technology, and its speculative nature. Investors are closely monitoring these aspects, as they are fundamental to Ethereum's value and its potential for future growth. The market sentiment is currently bullish, with key technical levels offering insights into potential support and resistance points. As Ethereum continues to evolve within the digital currency landscape, staying informed and adaptable will be vital for investors navigating this volatile and opportunity-rich market.

BTC/USD Forecast: Still Looking Higher

Despite the market seeming a bit extended at present, the longer-term outlook for Bitcoin remains positive.

• During the early part of Tuesday's trading session, Bitcoin exhibited a slight pullback but soon attracted buyers, indicating resilience and potential for further growth.
• This market, known for its volatility, requires traders to be cautious with their position sizing.
• Despite the inherent noise and fluctuations, there is an overarching sentiment that Bitcoin is poised for an upward trajectory, particularly in light of expectations around the Federal Reserve's potential interest rate cuts.

Extended, But Still Bullish

Despite the market seeming a bit extended at present, the longer-term outlook for Bitcoin remains positive. The potential for reaching as high as $47,000 on long-term charts exists, but the journey is unlikely to be a direct ascent. Therefore, traders should remain vigilant and judicious in their position sizing, recognizing that while the market trend is predominantly bullish, the path is fraught with volatility and requires careful selection of entry points.

In essence, while Bitcoin's current market condition indicates a bullish trend, it is not without its challenges. The market is characterized by noise and fluctuations, necessitating a strategic and cautious approach to trading. Paying attention to key technical levels and market indicators will be crucial for traders to navigate this dynamic environment effectively. As the market evolves, staying informed and adaptable will be key to capitalizing on the BTC market, which of course will be influenced by external factors more than anything else. I think this remains a “buy on the dips” market, but there is a lot of volatility in financial assets at the moment regardless, and as such – you need to be very careful. This market is one I am not looking to sell anytime soon, as the buyers have been so aggressive.

TO GET ACCURATE LIVE ACCURATE 2-3 TRADES (Forex/Comex/Stocks) Telegram me: Financial Advisor

BEST FOREX SIGNAL TELEGRAM GROUP
XAUUSD FOREX INDICES ACCOUNT MANAGEMENT

#SaudiArabia #UAE #Qatar #HongKong #Portugal #PortugueseGP #France #forex #commodities #forexSaudiarabia #forexYemen #forexasia #forexJordan #Singapore #UAE #UK #forexsignals #SwingTrading    

Read More

#ETHUSD Posts a Fresh 18-month High (6 Dec 2023)

• Ethereum jumps to its highest since May 2022
• Advance eases as oscillators point at overbought conditions

ETHUSD (Ethereum) has experienced a strong rally since late October, which propelled the price to a fresh 18-month peak of 2,274 on Monday. However, the uptrend seems to be losing some steam, with both the RSI and stochastics touching their overbought territories.

Should the rally extend, the price could initially test the February 2022 support of 2,300, which could now serve as resistance. Conquering this barricade, the bulls could attack the March 2022 bottom of 2,445. If that barricade also fails, there is no prominent resistance until the March 2022 hurdle of 3,050.

On the flipside, bearish actions could send the price to challenge the November resistance of 2,136, which also held strong in April. Sliding beneath that floor, the leading altcoin could descend towards the 2,000 psychological mark. A break below the latter may pave the way for the November support of 1,920, which overlaps with the 50-day simple moving average (SMA).

Overall, ETHUSD has been constantly gaining ground in the short-term, posting consecutive 2023 highs. Nevertheless, traders should not rule out a pullback as there are emerging signs that the advance has been overstretched.






To get ACCURATE LIVE ACCURATE 2-3 TRADES (Forex/Comex/Stocks) Telegram Financial Advisor


MacKenzie Walton
 · 3y
What is the best forex signal Telegram group?
Telegram is a great messaging app with a focus on speed and security, it's super-fast, simple and free for genuine chatting. Here I suggest you the best Forex signal telegram group for all the Forex traders. We Provide Tremendous Forex Signal • Not making false commitments...!!! • Make your financial status brilliant. • Come and join our services Now... Here I am working for a team as a Marketing manager. We have fund managers...market experts and research analyst We have a group of brilliant people, who are dedicated to the market, having more than 8-10 years of experience in Forex, Commodity, and stocks. Our Team Works on different forex trading strategies and tactics like: - Scalping, price action, support and resistance, candlestick patterns, swing trades, Positional, holding, Retracement, Reversal Trading, Pivot Points, Momentum Trading, Breakout Trading, Range Trading, etc. Here you will get : • Daily 2–3 Intraday / Contraday trades as per your need with 25–50PIPS each trade. So basically you can make 1000–1500PIPS in a Month after Excluding bad trades. Here is our trade Format: Buy GBPJPY @ 132.30 SL 131.85 target 132.90 ( with Proper Entry Point, Target and Stoploss ) • Monthly trading accuracy will be around *75-85%. So If talking about returns, We provide a 25-30% return monthly depending upon your portfolio and risk appetite. I think I have cleared the things for What is the best Forex signal Telegram group

XAUUSD FOREX INDICES ACCOUNT MANAGEMENT

#SaudiArabia #UAE #Qatar #HongKong #Portugal #PortugueseGP #France #forex #commodities #forexSaudiarabia #forexYemen #forexasia #forexJordan #Singapore #UAE #UK #forexsignals #SwingTrading

TO GET ACCURATE LIVE ACCURATE 2-3 TRADES (Forex/Comex/Stocks) Telegram me: Financial Advisor

BEST FOREX SIGNAL TELEGRAM GROUP
XAUUSD FOREX INDICES ACCOUNT MANAGEMENT

#SaudiArabia #UAE #Qatar #HongKong #Portugal #PortugueseGP #France #forex #commodities #forexSaudiarabia #forexYemen #forexasia #forexJordan #Singapore #UAE #UK #forexsignals #SwingTrading   

 

Read More