Let's Trade Together - Forex, Crypto and Stocks

Something changed on the $BTC chart… and most people missed it. This is where smart money gets active and retail gets confused The $BTC chart shows a market that has moved from a strong uptrend into a phase of indecision. The price action inside the ascending channel was solid, but the double top near the $79,500 level suggests that buyers are losing the strength to push higher. When a double top forms at the top of an ascending channel, it usually means the trend is getting weaker. The breakdown from the consolidation zone is a negative sign, as it shows that the support level, which should have held, is now being controlled by sellers. Going forward, the green zones are important areas to watch. If price manages to hold there, it would mean buyers are still active and the overall trend can continue. But if price breaks below these levels with strength, it likely means sentiment has shifted and a deeper correction could follow. In this situation, patience is key. It’s better to wait a...

  BREAKING: Tesla sold 75% of its #bitcoin holdings in Q2 Wow we can clearly see the FUD on the chart and the pumped price has started falling, very bad for the traders who just had opened their long they may be liquidated any moment if the trade is on high leveraged. Source -  https://tesla-cdn.thron.com/static/EIUQEC_2022_Q2_Quarterly_Update_Deck_J8VLIK.pdf?xseo=&response-content-disposition=inline%3Bfilename%3D%22tsla-q2-22-update.pdf 

On Tuesday Bitcoin has broken through the strongest resistance of weeks and hit the price $23,500 for the first time since early July. We talked about the channel formation where #BTC was keep moving in a range bound zone and which was an accumulation phase. https://imifx.blogspot.com/2022/07/bitcoin-next-move-bottomed-already.html     The world's biggest cryptocurrency has cracked the 200-week moving average as a result, however analysts concern that the gains could also be impermanent . We need to be very careful while trading or investing money with current situation, the sudden pump in the #BTC could be a dump too. Moreover there so much FUD in the market and we should be very careful with our long positions if trading Bitcoin Future. I will wait for the daily candle close and it may be close on lower side and we may again see a down fall. While Bitcoin's surge over the past seven days could be a marked departure from the bruising double-digit losses seen in rece...

Today 20th July, Bitcoin price is up by  +8.69% Bitcoin #BTC is currently trading at around price of $23,500, BTC has already break a strong resistance and currently the daily candle has touched 50 days EMA and we can see the price has started retracing little bit. The sudden pump in #BTC price has put smile on so many investors moreover the ALT coins also followed the BTC  and moved up side. Currently BTC is moving in a channel and it just broke the resistance now we have to wait to see the actual breakout or this sudden pump could be turned to a massive dump. The live price of Bitcoin is $ 23,588.01 per (BTC / USD) today with a current market cap of $ 450.48B USD. 24-hour trading volume is $ 47.88B USD. BTC to USD price is updated in real-time. Bitcoin is +8.69% in the last 24 hours. It has a circulating supply of $ 19.10M USD.

We all have must hear about there have been a lot of scams in crypto currency over the past years due to the no regulation and high volatility; this makes them very dangerous because it means that people may lose all of their invested money due to fraudsters trying to take advantage of them by taking their funds without their consent or knowledge (e.g., hacking). This is because the market is still young, and there are not yet established rules in place. Therefore, it is difficult to predict how much the price will fluctuate. Moreover,     there are no administrative regulations governing the industry so far, which leads to rampant speculation and manipulation of prices by investors seeking quick profits. Nevertheless, the upsides possessed by the crypto world cannot be taken on a down road as some people have had seen fortune with the increased investments, and who knows the bitcoin trading platform has similar crypto charm for you! High volatility and sudden crash Crypto ass...

On 7/14 around 1 PM EST time we have witnessed a quick upside rise on #Bitcoin and followed by other Alts coin. Yes, a huge gain however we should be very careful about this short term fake pump. We can clearly see the dominator Crypto coin is moving in a range where it's trying to move up side however keep falling from strong resistance $21,000 , $21,500 and $22,500 Currently 200 EMA on 4H chart shows resistance level around at $22,000 range and we should wait price to break the $20,500 level which is a good resistance zone. The live Bitcoin price today is  $20,550.12 USD with a 24-hour trading volume of $28,575,591,916 USD . We update our BTC to USD price in real-time. Bitcoin is up 3.82% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $392,373,771,324 USD .

We are in bear market and the Crypto currency currently  listed # 9 already lost his value to 85% following  the All time high record which was $259.96 All-Time High $259.96   -85.1% Nov 06, 2021 (8 months) Solana (SOL) is in trouble as Mark Young, a CA resident, has filed a category action Law suit against Solana Labs, Solana Foundation, business executive Anatoly Yakovenko, nondepository financial institution Multicoin Capital, Crypto commerce platform FalconX.  Law firm Roche freedwoman and Schneider Wallace Cottrell Konecky area unit handling this status suit. Young has alleged that Solana is so a security (share) or rather an unregistered one, since it's satisfying the U.S.A. Howey check. Howey check could be a U.S.A. Supreme Court action whereby sure factors area unit checked against a contract, Associate in Nursingd if the contract satisfies the check then the contract is taken into account an investment security and is subject to any or all speech act and reg...

The Solana protocol facilitates the creation of a suburbanized application (DApp). It aims to boost quantifiability by establishing proof-of-history (PoH) agreement and also the proof-of-stake agreement (PoS) underlying the blockchain. Solana ensures composability between scheme comes through the upkeep of one international network scale state. Solana is associate ASCII text file project that implements a replacement, superior blockchain while not permission. Key components of Solana Coin include: Scalable: Solana uses proof of history to permit the network to rescale in compliance with the Moore Law and a number of {other and several other} other breakthrough innovations. Low Cost: Don’t worry concerning increasing charges once your user base is growing. Solana is intended to take care of low fees with billions of users for applications. Composable: the one international state of Solana ensures that comes at integrative. Therefore, don't wear down multiple shards or systems in lay...

 On 7th July at 10:20 AM EST  We all are stunned with the Bitcoin move for last two three days, why not it's Bitcoin and we are always bullish despite of the bear market, Currently looking at 4 Hour chart Bitcoin is moving in a zone and following an ascending triangle. Don't be too excited and don't just take any long bases on the fakeouts, we should wait and look for a proper breakout I meant a true breakout. If the breakout happens to upside we may see a clear short term spike to to the level of $24,000 to $25,000. Keeping in mind we have multiple resistance level at $21,000, $21,500 & $22,500

3 Reasons why Warren Buffett hates Bitcoin   Warren Buffett  is an American investor, business tycoon, philanthropist, and the chairman and CEO of Berkshire Hathaway. He is most successful investors of all time..   If there's one thing Warren Buffett will never  ever  invest in, it's Bitcoin -- or any form of cryptocurrency . He's called it "rat poison squared," a "mirage," and a "gambling device." So Question is why he hates this miracle digital coin/currency ? Buffett doesn’t like Bitcoin because he considers it an unproductive asset. 1. Doesn't have a value like equity or commodity    Buffett has a well-known preference for stocks of companies whose asset value, goodwill and cash flow come from producing things. But cryptocurrencies don’t have real value, Buffett said in a CNBC interview in 2020. “They don't reproduce, they can't mail you a check, they can't do anything, and what you hope is that somebody else comes along a...

 A cryptocurrency is a digital currency that uses cryptography as a means of security. Most cryptocurrencies operate without the need for a central authority like a bank or government, and operate instead through a distributed ledger to spread power among its community. A cryptocurrency has a set, defined monetary policy, whether it is a fixed limit of tokens or allowing the creation of new tokens based on predetermined rules. Cryptography Cryptocurrencies use cryptographic protocols, or extremely complex code systems that encrypt sensitive data transfers, to secure their units of exchange. Cryptocurrency developers build these protocols on advanced mathematics and computer engineering principles that render them virtually impossible to break, and thus to duplicate or counterfeit the protected currencies. How does it work? The distributed ledger that holds cryptocurrency transactions is known as a blockchain. A blockchain consists of blocks, which hold individual transaction ...

If today NFP reading at 200k and above: short positions in the EURUSD, according to RBS reading above 200K will result in a significant shift in market expectations for September thereby keeping market increases the probability of the first well above 50%, RBS prefers the EURUSD due to a clear divergence of monetary policies conducted reading from 175k to 200k, a reading roughly in line with consensus should also be positive for the USD especially again st the euro. RBS with less determination would fall in net long positions on the USD against EUR, GBP and AUD, but the risk of a potentially higher hourly wage below 175k, even such a reading would encourage RBS to sell EURUSD rallies due to the potential expansion of QE in December. JPY weakness versus the lack of concrete evidence that the BoJ to increase buying in the near future would encourage the bank to short positions on USDJPY.

There was a great setup printed on Euro Yen daily time frame kind of rising wedge or a triangle pattern and a downside breakout was there which shows a measured target of 1000 pips down side and so far after break out the pair falling very nicely following ECB president Draghi words for bad fundamental, so far its 300 pips downside after break out and traders those missed to short this pair can look at H4 for price action sell signal……. As there is also a small rising wedge pattern formed and break out happened so in my point of view a simple BCP (Break  out – Pullback – Continuation) setup is a signal for further sell off ……   Kindly look at chart of H4 time frame where price is testing the trend line will take a sell if it prints a pin bar a rejection of upside move.  

‬ Lesson 1 Introduction to Price Action The action of price is called Price action and PA is simply how prices change !! Price Action is the most powerful, yet simplest way to trade the market with success. It is a form of technical analysis  and it uses candles on a chart which represents data. This data shows what the market has been doing for the specified time range. For example if it is a daily candle then it shows what the market did for that day. All economic data and global news that effect price in any way will be reflected on the price chart so it eliminates almost any use of following the news. The main thing that separates price action trading from all other trading strategies is that it uses “clean” or “naked” charts. There are no indicators or anything confusing on your chart, the only thing that is there is raw price displayed as candles. This makes trading simpler and easier to read. Lesson# 2 Price Action Base - Japaneses Candlestick ...

Sell GBPUSD at cmp 1.5662 SL 1.5715 TP 1.5605 ----------------------------------------------------- Short AUDUSD at 0.7339 SL 0.7375 TP 0.7270 -------------------------------------------------------------- AUDJPY sell at 91.30 SL 91.65 TP 90.70

In my last lesson#4 i have mentioned that finding a true support/resistance or supply/demand zone for a perfect trade, using this method we can identify many good trades with best risk reward ratio... NZDJPY is looking in solid uptrend Daily chart and price is keep making higher lows each time and keep moving up but each price has thier station where they pause and reverse or sometime those area are temporary and price break them but using pri ce action tell us which is solid supply demand zone as already mentioned the more price stop at supply demand zone they more become stronger Looking at daily chart it is clearly seen that 91.80 - 92.00 are is strong resistance and price is not able to break in previous few moves and fall sharply.. If you look at today's daily bar it has breached that resistance level but at the end price not able move upward and bulls dead at this zone and bears started taking the control. Since this is clear uptrend the fall might be small but can g...

NZDUSD has just broken its trend line resistance level forming from Oct 2014 and this might be interesting if price close above this broken resistance level on Daily bar.

EUR/USD declined on Wednesday to hit support at the near-term black downtrend line. The rate remains above  that line, something that keeps alive the scenario for a rebound and another test near the 1.1540 (R1) resistance area. On the other hand, our short-term momentum studies provide signs of weakness. The RSI broke below its upside support line and dipped below its 50 barrier, while the MACD has topped and moved below its trigger line. Personally, I would prefer to see a break below 1.1260 (S1) in order to adopt the negative view. Such a move is likely to prompt bearish extensions towards the support of 1.1100 (S2), defined by the low of the 26th of January. Having these mixed signs in mind, I would prefer to take the sidelines at the moment as far as the short-term picture is concerned, and wait for more actionable directional signals. Switching to the daily chart, we see that the price structure still suggests a longer-term downtrend. EUR/USD is printing lower pea...

Trade taken last week of January 2015.

NZD/USD  collapsed after the Reserve Bank of New Zealand shifted from a tightening bias to a neutral bias and even held out the possibility that the next move in rates would be a cut. The pair found an initial support near the 0.7320 zone, but broke that line and declined even more during the European morning Thursday . Given the negative sentiment towards kiwi, I would expect the pair to fall further at least until our 0.7220 (S1) support line. Our momentum studies support the notion. The RSI fell sharply below its 30 line and is pointing down, while the MACD, already negative, crossed below its trigger line. On the daily chart, the recent break below the black channel the pair has been trading in since December switched the bias to the downside, confirming the trend mode of this pair. • Support: 0.7220 (S1), 0.7180 (S2), 0.7120 (S3). • Resistance: 0.7320 (R1), 0.7400 (R2), 0.7490 (R3). Source : Ironfx https://www.ironfx.com/en/reg...