Oil $BZ $CL The current oil dip is linked to rising anticipation for the second round of negotiations between the US and Iran. Markets are pricing in the possibility of increased supply if a deal is reached. However, if the negotiations fail, we might see a quick bounce back. Levels 95–96 remain crucial support right now. Any break below this could push prices to test 105, then 110+. Risk management is essential since news is the main driver at the moment. #تحليل_فني #hamzahtrads
Still bullish and all indicators are positive on it $CHIP Especially the whale data shows positions are huge and liquidity is continuously flowing. I expect a sustained upward trend, of course, I called it out when it was at 0.03, and I'm still bullish on it.
With the closure of the Strait of Hormuz, the best deal now is to buy oil, as the longer the closure of the Strait of Hormuz continues, the higher it will rise. The only downside of the deal is that the financing fees are high, but they will decrease. #IranRejectsSecondRoundTalks #oil #CLUSDT
Whoever thinks that the currency $RAVE will drop from these levels is just dreaming. Look at the data of the largest traders and whales; a huge number are holding onto buy positions. Every so often, it drops to accumulate liquidity from those opening sell positions during the correction, then it rises again to liquidate them, not to mention the high funding fees every hour. The smart one is the one who opens a buy position during the correction and then enjoys the profits.