Forecast
NATGAS: Bullish Continuation is Expected! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the NATGAS pair price action which suggests a high likelihood of a coming move up.
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EURUSD Will Go Lower! Short!
Here is our detailed technical review for EURUSD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.049.
Considering the today's price action, probabilities will be high to see a movement to 1.032.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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EUR/AUD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
We are going short on the EUR/AUD with the target of 1.631 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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TESLA: Bearish Continuation is Highly Probable! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the TESLA pair price action which suggests a high likelihood of a coming move down.
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USOIL Will Go Down! Sell!
Take a look at our analysis for USOIL.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 71.095.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 70.000 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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NQ1! BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
We are now examining the NQ1! pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 21,219.75 level.
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EUR/JPY BEARS ARE STRONG HERE|SHORT
Hello, Friends!
It makes sense for us to go short on EUR/JPY right now from the resistance line above with the target of 160.038 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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EUR/CAD SHORT FROM RESISTANCE
Hello, Friends!
Previous week’s green candle means that for us the EUR/CAD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.490.
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PanCake swap (cake)Cake usdt Daily analysis
Time frame daily
Risk rewards ratio >1.7 👈👌
Target 7.4
PancakeSwap’s “head chef” declared that the BSC-based DEX is retaining the deflationary tokenomics for its native CAKE token. The announcement comes as other DEXs are trying new incentives for staking their native assets.
The leading DEX on Binance Smart Chain is making a return amid a general DeFi recovery, and it shared that it will retain CAKE as a deflationary token to retain its value. The DEX decided against using CAKE as an incentive token, instead renewing its tokenomics based on regular burns and deflation.
CAKE has a 1-2% annual burn rate and a negative net growth in the past 12 months. PancakeSwap also has regular weekly burns, which give a glimpse into the activity and fees generated on several PancakeSwap markets, including predictions and NFTs.
BnbBnb usdt Daily analysis
Time frame daily
Risk rewards ratio >1.5 👈👌
Target 900 $
Bnb exited from parallel lines that was moving up and down and reached to new high on 795$
Then dropped to middle of parallel and raised to reach new target
Nowadays we hear many good news about corporations between Binance and companies that makes bnb continue stronger than ever
shiba inu (shib)shib usdt daily analyse
time frame daily
risk rewards ratio >3
shiba break out the rectangle and reached 0.00003318 $ then fell to the top of the blue box and now it is time to pump and reach my target
there is no significant resistance for the target 0.0000435 $
only 0.000033 $ which is not strong of course
ManaMana usdt Daily analysis
Time frame daily
Risk rewards ratio =2 👈👌
Target 1.1$
mana is one of the gaming tokens that offers earning potential . explore the potential of gaming tokens, offering lucrative opportunity in play to earn and virtual economies
Technical: mana had a good growth to ex high price but couldn't reach to new high in this year. Price fell down to save energy and now is the best time to pump and break strong resistance boxes ( red boxes in fhe chart) and reach my target on 1.1$
But if it can't break the resistance, don't worry. New year holidays will help to gaming tokens like mana and sand and etc.
waves waves usdt daily analyses
time frame daily
risk rewards ratio >1.5
waves price raised good but it heated to a weak resistance (red box on the range 2.5 $ ) and it fell down corrected 20% and started to pump again . my first target is shown in the chart 3.24 $. we see in the chart strong resistance ( red box on the range 3-3.5$) and I think here will be good for my first target
Ripple Xrp usdt Daily analysis
Time frame 4 hours
Risk rewards ratio >2
I'm waiting for a good pump
Look at the chart. We can see 4 triangles
Price move up and down in the triangle and then it breok upper side and pumped.
Now this triangle is shaped and I hear good news about the Ripple. So!
What will happen 🤔
Stargate finance ( STG)Stg usdt Daily analysis
Time frame 4 hours
Risk rewards ratio >1.3 👈
Stg is an omnichain-native asset bridge designed to solve the blockchain trilemma , which says blockchain can be desensitized, secure and fast simultaneously.
STG is a good and promising currency in the crypto market. Given the strong team it has, I expect very good growth. Although STG has strong competitors in DeFi such as Polkadot. One of the advantages of StG over Dot is its speed of operation, and of course it has other advantages.
Technical analysis:
Stg is moving between 2 parallel line for 8 week. It's very good movement for traders.
Buy in down and sell in up. But I think in alt season STG will break this parallel and pump. But I have a short time analysis.
When STG break the upper side , I'll reach my target and start to another analysis to higher target
Algorand (algo)Algo usdt Daily analysis
Time frame 4hours
Risk rewards ratio >1.3 👈
Algorand rank is 40 and market cap 4.21 NYSE:B
It's all time high is 3.28 $ and you can see , good growth for this in altseason
Algorand is a self sustaining decentralized, blockchain base network that supports a wide range of applications.
This system is secure, scalable and efficient
All critical properties for effective applications in the world.
Algorand will support computation that requires reliable performance guarantees to create a new formes of trust.
Technically we have no resistance in the way of my first target. Just a weak resistance in 0.69$ area.