For 38 years Michael Young has been trading a variety of asset classes, and seen many things! He joins Merlin to talk about market pattens and what emphasis he places on thise, as well as what he sees as good trading opportunities going forward. The duo take a look at the dollar, oil, gold, silver and much more! They also talk about an end of year trade plan review which is designed to help traders learn and improve.
Ripple edges higher, trading around $1.54 at the time of writing on Friday as bullish pressure intensifies across the crypto market. This recovery from weekly lows of $1.47 underscores growing appetite for crypto assets and the shift in market sentiment.
Dogecoin is up 3% on Friday, hovering above $0.097, with bulls aiming for a breakout above $0.10. DOGE futures Open Interest rises 4% over the past 24 hours, pointing to increased position buildup.
Cryptocurrency prices are broadly recovering on Friday, led by Bitcoin moving above $86,000. Ethereum has reaffirmed its bullish outlook, rising above $2,700 while the immediate area at $2,800 caps upside. Meanwhile, Ripple hovers near $1.54.
Bitcoin (BTC) extends its gains, trading near $86,000 at the time of writing on Friday after closing September 6.33% up, reversing its seasonal weakness. Historical data suggest October could be a strong month for BTC, especially after a positive September.
