Market Insights

supplyanddemand Ideas

Ready to Invest: A Comprehensive Update on Cryptocurrency Analysis

SHIB/USD 3M Analysis Update As predicted, the price of SHIB/USD has continued to trade in a bearish manner. The momentum is expected to push the price lower, presenting an opportunity to buy this cryptocurrency at a favorable price point for potential profits. Monitoring this trend closely over the next few weeks is crucial. Trading Strategy To consider increasing holdings in this crypto asset, confirmation of an upward trend is essential. The ideal scenario involves the price entering a Demand zone and signaling readiness for an upward movement. This confirmation will be indicated by a Breakout to the Upside (BOS) following the price's entry into...

By NovaX

Updated 14 hours ago

LONG

Bitcoin Price Surges as Market Sentiment Turns Bullish

We just closed 3 month candle above a resistance super bullish

By NovaX

Updated 14 hours ago

LONG

“Unlocking Profit Potential: Expert Analysis on Ethereum’s Price Trends Against USD”

A shift in momentum is observed on the lower time frame within the 4-hour time frame demand zone. I've decided to enter my trade at the order block within the demand zone. Trade cautiously and be mindful of risks involved.

By NovaX

Updated 2 days ago

SHORT

Bitcoin Halving: Exploring Price Trends and Scarcity Throughout History

The Relationship Between Bitcoin Halvings and Price The Bitcoin halving cycle, a programmed event that roughly cuts the block reward for miners in half every four years, has become a focal point for investors and enthusiasts alike. Historically, these halvings have been followed by significant price increases for Bitcoin, leading many to believe they are a reliable indicator of future bull runs. However, the relationship between halvings and price is more nuanced than a simple cause-and-effect scenario. The Impact of Scarcity on Bitcoin Price The core principle behind the price impact lies in scarcity. By reducing the rate at which new Bitcoins are...

By NovaX

Updated 3 days ago

LONG

“Unlocking Potential: A Comprehensive Guide to Long-Term ETH/USD Analysis”

I am waiting for the price to trigger my entry and will go up to reach the supply zone in 1H TF. Trade at your own risk!

By NovaX

Updated 5 days ago

Bitcoin Consolidation: Key Levels to Watch for in the Cryptocurrency Market

Bitcoin Technical Analysis Current Outlook The price will consolidate between 62400 and 59940 till breaking. Bearish Scenario As long as the price remains below 62410, the bearish trend is expected to continue, with the first target at 59940. A break below this level could lead to the next bearish target of 56810. Bullish Scenario For a bullish reversal, the price needs to stabilize above 62410, aiming for 64900. If the price moves above this level, the uptrend could extend towards 70,000. Key Levels - Pivot Line: 62400 - Support Levels: 59940, 56600, 52800 - Resistance Levels: 64900, 67200, 70000 Expected Range The anticipated movement range for Bitcoin is between support 56900 and...

By NovaX

Updated 5 days ago

Weekly Ethereum Market Update: June 19th – June 25th

The market outlook The market fell further as we expected last week. During the economic data window, the market began to price in only one interest rate cut this year. This is not just for the crypto market but for all financial markets. This situation is likely to last until early July before bulls come back and bring enthusiasm again. During this period, the PCE released this Friday will bring about a small rebound. BTC ETFs and market sentiment In addition, multiple BTC ETFs have experienced net outflows for several consecutive days, which is also a microcosm of the US market sentiment. After...

By NovaX

Updated 6 days ago

LONG

Bitcoin Price Analysis: Long-Term Outlook for BTC/USD

Possible entry for continuation on Bitcoin: Price will still try to reach the supply and continue the downtrend. My entry is based on 5M TF order block. Trade at your own risk!

By NovaX

Updated 6 days ago

SHORT

Ethereum Price Forecast: Will ETH/USD Keep Declining?

On the daily chart ETHUSD fluctuated downward, and the bearish trend was dominant. At present, the downward trend line has effectively suppressed the price. In the short term, attention can be paid to the resistance of 3450-3500 area. If the rebound is blocked, consider continuing to short. The support below is 2863-3045 area.

By NovaX

Updated 7 days ago

“Unlocking the Latest ETH/USD Trends: A Comprehensive Analysis for Crypto Enthusiasts”

ethusd trand is both side move posible ETH/USD trend is showing the potential for movement in both directions. breck trendline and retest then move next supply and demand zone It is anticipated that the trendline will break, undergo a retest, and then proceed to the next supply and demand zone.

By NovaX

Updated 1 week ago

SHORT

“Unlocking Profit Potential: ETHUSD Short Analysis Revealed”

ETHUSD - Short There is a 15-minute bearish Fractal Volume Geometry (FVG) pattern. The initial two attempts to surpass the H4 FVG did not result in breaking the H4 highs, indicating a potential further retracement. The target is the H4 FVG Equilibrium (EQ).

By NovaX

Updated 1 week ago