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UltimateCertainly! Below is a detailed analysis regarding the potential of assets like the S&P 500, Bitcoin (BTC/USD), and Gold (XAU/USD) reaching an all-time high in preparation for the expected interest rate cut in September
Long Setup: ABC Correction Completion & Bullish Order Block Reaction Analysis Overview: Price has completed a corrective ABC structure, with point B forming after a liquidity sweep below prior lows. This aligns with a strong bullish Order Block (OB) zone, suggesting potential for a reversal. Key Points: BOS (Break of Structure) confirms bullish intent after the...
ICP/USDT setting up a classic fair value gap play. After a BOS and strong bullish reaction from the swing low, we're now approaching a critical imbalance zone ($5.87). A reaction here could confirm either continuation or retracement to fill inefficiencies below. Watching closely for a reaction at FVG+. Will bulls break higher or revisit demand?
Current Price Action: The price is currently in a corrective phase, with price interacting with significant support and demand levels, marked as OB (Order Block) and NECKLINE. These levels are crucial for potential reversals. Key Levels to Watch: FV+ Zone (Fair Value Gap): The upper resistance is marked by the FV+ zone, indicating a potential area of rejection...