ALPINEUSDTALPINEUSDT is in good bullish momentum and respecting very well the bullish trendline.
Currently the price is retracing previous bullish leg and 50% fib retracement will be technically good for another bullish leg.
Beyondtechnicalanalysis
HBARUSDTHBARUSDT is trading in Symmetrical triangle.
Recently the price has retracing to 50% Fib level, which is the support level from inclining trendline. There are more chances that the bulls will strike back and took advantage from this bullish confluence.
What you guys think of this idea ?
PEPEUSDTPEPEUSDT is in the formation of ABCD pattern.
As the pair has completed AB and perfectly retraced the BC wave and now looking for continuation of CD length.
If pair head towards CD the 1st optimum target could be the bottom of B wave.
What you people think of it?
SUIUSDTSUIUSDT is getting good bullish momentum and trading in bullish parallel channel. Currently the price the making support around the support of bullish channel which is a good sign for bulls to attack the trend and send price to even higher side.
OPUSDTOP is forming a Symmetrical triangle..
Recently the price has retraced the bit of bearish move and now the instrument is trading at broken support which being act as a support. There are more chances that price will fall from this resistance area.
What you guys think of this idea ?
CADCHFCADCHF is trading at support level.
recently the price has shown good bullish reaction from this level. As the price has created local bearish channel. fortunately the support of the channel is at major support level.
Will the bulls attack this level.
DXY - Crucial level to hold shorts.Currently awaiting clear direction on what DXY wants to do.
Lets see if this level holds, or if we continue higher.
Yours truly,
A
EURNZDIs EURNZD exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum and bearish divergence suggesting the sell pressure is about to start.
What you guys think of it ?
AUDCHFAUDCHF on intraday perspective going some bullish outlook.
As the price is in symmetrical triangle and it is printing HHs in triangle.
It is looking like the price is ready to break through triangle.
if breakout happens and to be hold, the optimum target could be 0.5660.
BLZUSDTBLZUSDT is at strong support zone and showing good bullish momentum.
The price is also following the local descending channel and currently the price is trading at the support of the channel which also the major support .
Will the bulls attack this support and take charge to upside?
SOLUSDTIn yesterday crash solana has broke through very important support zone.
As the price has retraced some of it, now it is retesting the broken support as a resistance which is also a 38% fib retracement level.
Technically it is fine sell setup, will the sellers attack again?
AUDJPYAUDJPY is in under immense sell pressure and perfectly trading in bearish parallel channel.
Ahead of weaker AUD it seems like AUDJPY is still due for another sell off.
As the price is retracing a bit , will the bears attack the trend and send the price to lower side?
GBPCHFGBPCHF is in between bulls and bears war. As the price is still getting support from bullish trendline it is looking like the pair may get a leg higher.
If the price close above 1.12400 then it can easily head towards 1.1300.
What you guys think of it ?
USDCHFUSDCHF is trading at resistance area. Here it has also given a fake out we can see a good drop in price. In this drop we can see price around 0.86
Keep in touch we will update further soon.
GBPJPYGBPJPY is trading in smooth bullish channel and perfectly following Dow Theory by printing consistent HH and HL.
We are waiting for the price to print fresh HL which will be nice bullish attempt.
NZDCHFNZDCHF is trading in descending channel and perfectly following technical setup of break and retest of structure.
Currently the pair is retesting the previous broken support as a resistance.
Will the NZDCHF follow this pattern and head lower again?
EURGBPEURGBP is in fine bullish trend and respecting the bullish trendline.
As the price has retraced a bit after recent bullish move and now the pair is trading at support zone.
If this support is holds perfectly it will be nice option for bulls to make another leg up.
What you guys think of it?
EURJPYEURJPY has formed the bullish flag pattern. Currently the price is hovering around the channel and it seems like the price is ready to break the flag amid weaker JPY.
what you guys think about it ?
KNCUSDTKNCUSDT is trading in wider symmetrical triangle and currently forming a support at the inclining trendline of triangle.
If this support holds it will be a good buying option for bulls.
What you guys think of it ?
STMXUSDTSTMXUSDT was trading in symmetrical triangle and now has given the breakout from triangle.
If this breakout sustained , bulls can ride it to 0.8390 level , which almost 25% from local support area.
Will the bulls avail this opportunity and will get the minimum ride of 25% ?
USDJPYUSDJPY is trading at major resistance on the daily chart. From daily resistance zone price is showing some good bearish momentum seems like bears were waiting for price to be in this zone .
Will the bears attack strongly on this area and send price to lower side?
AUDUSDAUDUSD was in bearish trend from last few days and now has given the breakout from falling trendline with strong bullish divergence.
Currently the price is creating a support zone with some healthy green candles and it seems like bulls are getting ready to take control.
What you guys think of it ?
EURUSDEURUSD is trading in bearish expanding channel. As the price is heading lower the size of channel is expanding accordingly. currently the price has reached at very strong resistance area where the sellers show good strength in past.
this resistance area is also coincide with 38% Fib retracement, which is also a good confluence for sellers to attack.
