We can see how the market has been falling for the last hour and a half. The question arises: for what reasons? Today, the Fed lowered the rate once again, which was expected, but then the chairman of the Fed gave a speech in which he stated that some economic data does not please the Fed very much, so they assume that in 2025 the reduction will not be as aggressive as many expect, and in the end, he added the following:
: The Fed will not allow the purchase of BTC! According to U.S. laws, we are not allowed to hold Bitcoin, I don't think that will change.
And the market reacted to the corresponding statement. How quickly the market will be bought back, we will find out soon.
Friends, as always, a weekly analysis of crypto. We stick in ROCKETS and special thanks to those who write THANKS I really hope that the Santa Claus Rally will start and there will be something to buy gifts and black caviar with. Hugs to everyone and have a great week
What is the Santa Claus rally or how to make a good profit during the New Year holidays
Where does the term come from? 👇🏻
It originated back in the mid-20th century as a metaphorical description of seasonal growth in stock markets at the end of the year.
It is still not precisely known who introduced this term into common usage, but its popularization is associated with analyses of seasonal trends on Wall Street. Analysts noticed a pattern of growth during the period between Christmas (December 25) and the first days of the new year, which became the subject of research and speculation.
XMR is moving along a local upward trend and is now approaching an important level around 141. If we manage to break through this level this time, then the next targets are 143-146-148.
If you don’t have enough strength, you can short when the uptrend line is broken with a short target of 137
SUI looks good. You can try a cautious long from 0.7846, but I would wait for it to break through and consolidate above 0.8 before taking it with a target of 0.84
A golden cross occurs when a faster moving average crosses above a slower moving average. It sounds simple, but the key is which moving averages to use and in what direction the crossover occurs. Specifically, you need 50 and 200 period simple moving averages (50SMA and 200SMA). Crosses of moving averages with other values will not be considered a golden cross.
Effective intraday market trading using Fibonacci levels
Introduction: Day trading is a popular strategy among traders who seek to profit from short-term price fluctuations. One of the powerful tools for predicting intraday support and resistance levels are Fibonacci levels. In this article we will look at which time frame to use Fibonacci effectively and how to use these levels when trading intraday.
Today I want to talk about one trading strategy, which is a mixture of classical indicators and indicators based on artificial intelligence.
I have been immersed in resource-based trading for a long time, which uses AI in its work. And this saves a huge amount of time searching for entry points; testing strategies takes seconds, not hours or days.
Today we will look at the key things in risk management. You must understand that the market is a living organism, and even if you are 100% confident in a transaction, you must always keep in mind that ABSOLUTELY any transaction can result in a loss.
With the help of risk management you can limit your losses. The most difficult thing for a beginner is fixing losses, since no one wants to lose, but they still came to find those same X's. Psychologically, it is always difficult.
If you are a novice trader, then you cannot do without familiarizing yourself with the concepts of stop loss and stop limit. It's important to know that these are not the same thing. Yes, both orders are needed to automatically sell an asset if the price falls. This way you can reduce risks if quotes go down.
A couple of hours ago I posted analytics on Bitcoin and talked about the “reliability and stability” of American banks. What we see now in the US premarket:
Let's look at Solana. First, let's look at the chart, where we see an overlay of data with a TF of 4 hours and 1 day,
We have resistance around $22.5 and are pushing towards this level. When it is broken, the next target is a local uptrend with a 1-day timeframe around 23.
If we look at TF1 day, we see the following picture: