Kenny Styles

Bitcoin

[Kenny Styles @sean_fuster]

@MarketandMind Just crazy

[Sean @MarketandMind]

"Gold Analysis: Is a Major Drop on the Horizon?"

Here is my analysis using Fibonacci extensions. I utilized two Fibonacci extensions: one from the low 1999 to the high in August 2011, and the other from the low in December 2015 to the high in August 2020. The extensions of these two Fibonaccis indicate a significant resistance level between 2711 and 2774.32. We perfectly hit this resistance.

Will we see a correction?

According to my technical analysis, it is quite possible that we have reached a top in Gold. If the box is sustainably broken, I remain optimistic. However, I think it wouldn't hurt to take partial profits.

Not Financial Advice.
#GOLD #GoldPrice #GoldAnalysis #ATH
#Bitcoin #GoldPrice #GoldStandard #gold #trading #goldtrading #Finance #silver

[Sean @MarketandMind]

"Initial Jobless Claims Significantly Beat Expectations"
Bullish🚀

What Does This Mean for the Markets and the Economy?👇🏽

What Today's Latest Unemployment Figures Mean for the Economy and the Market

The latest unemployment figures have significant implications for the economy and financial markets, as they are a crucial indicator of economic health. Here are some of the key potential impacts:

Impacts on the Economy

1. Consumer Behavior:
- Positive Figures (Decrease in Unemployment): When unemployment decreases, consumer confidence usually increases. Employed individuals are more likely to spend money, boosting consumption and thereby economic growth.
- Negative Figures (Increase in Unemployment): An increase in unemployment can weaken consumer confidence and reduce consumer spending, potentially leading to a decline in economic growth.

2. Business Investment:
- Positive Figures: Lower unemployment can encourage businesses to invest more in their operations, as they are optimistic about the economic future.
- Negative Figures: Higher unemployment can make businesses more cautious, leading them to hold back on investments.

3. Inflation:
- Positive Figures: Low unemployment can lead to wage increases as companies compete for qualified labor. This could raise production costs and, ultimately, lead to inflation.
- Negative Figures: Higher unemployment can reduce wage pressure and dampen inflation.

Impacts on Financial Markets

1. Stock Markets:
- Positive Figures: Declining unemployment is often interpreted as a sign of a strong economy, which can lead to rising stock prices as investors become more optimistic.
- Negative Figures: An increase in unemployment can lead to falling stock prices, as investors fear economic weakness and its impact on corporate profits.

2. Bond Markets:
- Positive Figures: Lower unemployment and the prospect of rising interest rates to curb inflation can cause bond prices to fall and yields to rise.
- Negative Figures: Higher unemployment can lead to lower interest rates as central banks may attempt to stimulate the economy. This could cause bond prices to rise and yields to fall.

3. Currency Markets:
- Positive Figures: A strong economy can strengthen the domestic currency, as investors bet on higher interest rates and robust economic activity.
- Negative Figures: A weak economy and higher unemployment can weaken the currency, as investors speculate on lower interest rates and reduced economic activity.

Central Bank Policy

Unemployment figures are also a key factor for central bank monetary policy. Low unemployment could prompt the central bank to raise interest rates to prevent the economy from overheating and to curb inflation. High unemployment could lead the central bank to lower interest rates or implement other stimulative measures to boost economic growth.

Conclusion

The latest unemployment figures are a critical indicator of economic health and influence consumer behavior, business investment, inflation expectations, and financial markets. They also play a crucial role in shaping monetary policy. Therefore, investors, businesses, and policymakers closely monitor these figures to make informed decisions.

#joblessclaims #market #economy #bullisch

[Sean @MarketandMind]

My favorite book 😍 @jack_d_schwager

#trading #marketwizards #bitcoin

[Sean @MarketandMind]

Bitcoin Correction Target

The correction phase is in full swing. I expect a final movement, with the target in the 4-hour RSI at 30 points. From this point, we could see a sustainable increase again. The green box serves as a guide and could indicate a bottoming formation.
No financial advice.

#btc #bitcoin #bitcoinbull #trading #btctrading #daytrading #krypto #kryptotrading #btcanalyse #sp500

[Sean @MarketandMind]

Attention!

BTC has formed a Bearish Divergence in the 4H RSI. The Green Boxes serve as possible target zones for the correction.
Have a nice weekend.
#btc #trading #sp500 #daytrading #forex #bitcoin #btcanalyse

Disclaimer:

The information, analyses, and opinions published on this Twitter channel are for informational purposes only and do not constitute investment or financial advice. I assume no liability for losses or damages that arise directly or indirectly from the use or reliance on the provided information. Each user should critically evaluate the information.

[Sean @MarketandMind]

"The Journey to Becoming a Professional Trader: Overcoming Self-Doubt and Mastering the Waves"

On my way to becoming a professional trader, I had to overcome many obstacles. One of these obstacles was myself.

When I became a full-time trader, I often struggled with self-doubt and wondered if I had lost my mind.

One morning at the gym, I saw a video on TV of a surfer riding a huge wave. I thought about how someone once had the seemingly absurd idea to ride a wave. What came of it? It works, and how!

Sometimes you feel completely crazy in this business, especially in the early stages. However, step by step you learn, and eventually, you ride the wave.

#tradingstorys #MentalHealth #bitcoin #trading #tradingtips
#daytrading

[Kenny Styles @sean_fuster]

@MarketandMind 🚀

[Sean @MarketandMind]

BTC encountered a robust Spyderline on October 15th. What could happen next?
According to the market structure, a small correction might be possible. If we rise and break through the Spyderline (in violet), the price could advance into my resistance zone (in red).
I hope that breaking through the Spyderline gives us momentum and finally leads us out of this price range.

#BitcoinAnalysis #CryptoInsights #FinanceTips

Disclaimer:

The information, analysis and opinions published on this Twitter channel are for informational purposes only and do not constitute investment advice or financial advice. I accept no liability for any loss or damage arising directly or indirectly from the use of or reliance on the information provided arises. Every user should evaluate the information critically.

[Kenny Styles @sean_fuster]

@BingXGerman Answer: 4. Kann auch NFTs speichern

[Kenny Styles @sean_fuster]

@NoContextHumans

[Kenny Styles @sean_fuster]

@elonmuskADO A

[Kenny Styles @sean_fuster]

MVRV Ratio from Bitcoin is looking damn good. #btc #bitcoin #bullish #btcbullrun #eth

[Kenny Styles @sean_fuster]

@Myria @okx Thanks😍💪🏼

[Kenny Styles @sean_fuster]

@BaSchaffner @KlimaschutzCH 😂😂😂

[Kenny Styles @sean_fuster]

@Ledger @Jen_Stark the best way to preserve my NFTs. Ledger Stax makes a decisive contribution to the NFT revulution

[Ledger @Ledger]

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