Zulfiqar lohar
252 منشورات
Zulfiqar lohar
Experienced Trader With a Passion For Cryptocurrency And Stock | Forex. Always Looking To Learn And Grow In The Trading Community.
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4.3 أشهر
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منشورات
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#BTC - Analysis
This pump we're seeing is the effect of a bullish divergence against the Stochastic in the daily timeframe.
At least, that's the signal that we saw beforehand.
However, keep in mind that the overall trend is bearish and bullish retest like this tends to be short-lived.
I believe this should be where the next local top is located.
$BTC
This pump we're seeing is the effect of a bullish divergence against the Stochastic in the daily timeframe.
At least, that's the signal that we saw beforehand.
However, keep in mind that the overall trend is bearish and bullish retest like this tends to be short-lived.
I believe this should be where the next local top is located.
$BTC
🚨 U.S. June Economic Data:
June U.S. jobs data pains a very neutral picture for markets.
The Data:
- Non-Farm Payrolls: 57K (vs 110K expected)
- Unemployment Rate: 4.2% (vs 4.3% expected)
This suggests U.S. economy is slowing down.
The economy created far fewer jobs than expected, showing that hiring is slowing down.
This is generally slightly bullish for stocks and crypto.
The weak jobs growth increases the chances that the FED could cut interest rates sooner.
Which, of course, is positive for the markets.
June U.S. jobs data pains a very neutral picture for markets.
The Data:
- Non-Farm Payrolls: 57K (vs 110K expected)
- Unemployment Rate: 4.2% (vs 4.3% expected)
This suggests U.S. economy is slowing down.
The economy created far fewer jobs than expected, showing that hiring is slowing down.
This is generally slightly bullish for stocks and crypto.
The weak jobs growth increases the chances that the FED could cut interest rates sooner.
Which, of course, is positive for the markets.
📌 - #Bitcoin Analysis
4H Timeframe
Although BTC is pumping right now, price swiftly formed a lower low through a candle wick.
However, the recent Kevin Warsh's speech flipped the tide around for most asset class.
This is because Kevin Warsh stated that he sees inflation risk has gone down in recent week.
Two scenarios I see coming from here:
1) Price break above the minor bearish trendline (dashed line) and head towards the resistance zone
2) Gets rejected here once again.
Either way, this only delay the coming of future lower lows.
$BTC
4H Timeframe
Although BTC is pumping right now, price swiftly formed a lower low through a candle wick.
However, the recent Kevin Warsh's speech flipped the tide around for most asset class.
This is because Kevin Warsh stated that he sees inflation risk has gone down in recent week.
Two scenarios I see coming from here:
1) Price break above the minor bearish trendline (dashed line) and head towards the resistance zone
2) Gets rejected here once again.
Either way, this only delay the coming of future lower lows.
$BTC
#BTC - Analysis
Here is my mid-term target for Bitcoin.
The bearish flag pattern is playing out very well. The next target sits at $54,630, which is where the fibonacci 1,618 extention ratio sits.
Considering how price is quite near that level, it shouldn't be long before #BTC enter the low $50K area.
$BTC
Here is my mid-term target for Bitcoin.
The bearish flag pattern is playing out very well. The next target sits at $54,630, which is where the fibonacci 1,618 extention ratio sits.
Considering how price is quite near that level, it shouldn't be long before #BTC enter the low $50K area.
$BTC
I’ve played 1 games and found 1 words playing Word of the Day on Binance!
https://www.binance.com/activity/word-of-the-day/ai-stock-trading?ref=CPA_00DDNI22FN
https://www.binance.com/activity/word-of-the-day/ai-stock-trading?ref=CPA_00DDNI22FN
📌 - #Bitcoin Analysis
4H Timeframe
Price has been moving sideways going through the weekend.
However, we just saw one of the craziest volatility with BTC spiking to almost $61K but is now back down to $59K again.
The roadmap remains.
Head towards the resistance zone first, or breakdown from the current FVG.
Either way, a lower low is only a matter of time.
$BTC
4H Timeframe
Price has been moving sideways going through the weekend.
However, we just saw one of the craziest volatility with BTC spiking to almost $61K but is now back down to $59K again.
The roadmap remains.
Head towards the resistance zone first, or breakdown from the current FVG.
Either way, a lower low is only a matter of time.
$BTC
Spin & Win with Binance
https://www.binance.com/activity/chance/MENA-SPIN-AND-WIN?ref=1219934532
https://www.binance.com/activity/chance/MENA-SPIN-AND-WIN?ref=1219934532
📌 - #Bitcoin Analysis
4H Timeframe
Bitcoin is showing signs of a minor accumulation occuring at current levels.
This is amplified through the massive bullish divergence forming against the Stochastic.
So, there's a big chance we will see a minor trend rebound towards the closest resistance zone.
However, this changes nothing from the bigger picture.
$BTC
4H Timeframe
Bitcoin is showing signs of a minor accumulation occuring at current levels.
This is amplified through the massive bullish divergence forming against the Stochastic.
So, there's a big chance we will see a minor trend rebound towards the closest resistance zone.
However, this changes nothing from the bigger picture.
$BTC
📌 - #Bitcoin Analysis
4H Timeframe
Another one of my target reached.
Bitcoin has formed a new lower low, exactly as I have expected it from months ago.
Again, is it over yet? Nope.
I expect price to continue making lower lows, with minor rebounds along the way of course.
$BTC
4H Timeframe
Another one of my target reached.
Bitcoin has formed a new lower low, exactly as I have expected it from months ago.
Again, is it over yet? Nope.
I expect price to continue making lower lows, with minor rebounds along the way of course.
$BTC
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