Fib retracement of bullish candle 1HR timeframe XAUUSD
GASUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be $8. What you guys think of this idea ?
IRISUSDT is in bullish momentum and currently trading at strong area of value which is also the 50% fib level. Will it continue its trajectory from this level?
Hello everyone, let's take a look at the 4 hour ETH to USDT chart. Let's start by marking the downtrend line, because you can see that the price has gone above this line but unfortunately has turned back and is now below the trendline. Now let's move to the support line, as you can see, the first support is around $ 2,759, above which the price is currently...
Hello everyone Let's take a look at the BNB / USDT chart on the 1D Interval. The blue line is a downtrend line that has apparently broken, but the price is back and remains on the trendline. The first resistance is around $ 402, while the next resistance is $ 386, $ 375. Looking the other way, the resistance price has to overcome will be at $ 418, if we can break...
Hello everyone, Let's take a look at the BTC to USDT 1 day chart. Let's start by identifying the downtrend line on which the price is currently moving. Currently, the price is just above the first support at $ 37,874 if we don't defend this level, the next support is $ 35,634 and $ 32,810, the next support is in a fundamental support zone between $ 31,272 and $...
Hello everyone, let's do a quick overview of the DOGE / USDT chart on the 1D interval. As you can see, the price is still below the downward trend line, but we are in a place from which the price has rebounded several times. It is worth noting that the price is just above the support at $ 0.1406, while the next support is at $ 0.1316 and $ 0.1203. Looking at the...
Hi, Let's take a look at the BNB / USDT chart on the 4H time frame. First of all, it is worth looking at the CHOP indicator and paying attention to the fact that the collected energy was used to increase the price, thanks to which we broke the downward trend. We can designate 3 levels of short-term support at prices: $ 423, $ 417 and $ 411. On the other hand,...