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EURUSD chart forecastIn the name of God Hi The current price is in the range ( blue BUY ZONE ). Several modes can be considered: 1- The price should move upwards and towards ( SELL ZONE ) after a pullback. ----- LONG 2- The price should move upwards and then downwards after a pullback. Simply put, a volatile market. 3- The price should move downwards and towards ( purple BUY ZONE ) after a pullback. ----SHORT Of course, given the economic data that is about to be released, and given the level of support that exists, it is very unlikely that the price will move below the purple ( BUY ZONE ) level. In my opinion, the bullish market and the volatile market are the most likely. Also, since the chart is in a downward trend, the floor and ceiling of this canal are a good place to enter. This is my first analysis. I hope you help me become a professional with your good comments.
Long
by mohamadrezaKhorsand
2
When to buy back into Cardano?Cardano has show great strengh in price since 20/21 july. Almost a gain of 148%! I didn't expect such a rise in price tough. Totally missed it cause i was more focused on other crypto's. It seems obvious that Cardano is working hard to strenthen there fundaments of their blockchain platform by making it more future proof. I understand that a lot of people want to buy in Cardano right now. However i woudn't recommed it for the short term. After every rapid rise of price, their comes a downside. Also Bitcoin has gained these days and is reaching important support levels. I people want to buy Cardano wait for the price to go down and try to enter at a lower price. In the chart i've highlighted three buy zones. The lower the buy-zone how bigger the chances of a big bounce to the upside will be. The first buy-zone is around $ 1.88. The second buy-zone is arond $1.6 because thats the support of the a previouw tradingrange which lasted almost 6 months... The third buy-zone is arond $ 1 - $ 1.12 which i think should be a no brainer for an entry. So ... I expect soms downside momentum of Cardano as the price has gained so much already. So a short position would be smarter in my opinion. Also Bitcoin is leaning towards important resistence which could lead to downside momentum for altcoin also. The buyzones indicated in the chart could help by finding a new entry after a retrancement in price of Cardano.
BINANCE:ADAUSDShort
by finaboyy
2
Solana - Big Gains on the Horizon?!💣Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last March. The Solana ecosystem, which is backed by Sam Bankman-Fried, founder and CEO of derivatives exchange FTX, would use these funds to take on Ethereum supremacy in the Defi ecosystem Currently, we are trading in an ascending channel, testing the 44 USDT level in price. Key levels have been marked on the chart. Where is price heading next?
Long
by Jal121
For reference(PLEASE READ DESCRIPTION) LUNA-USDHello traders and investors!! 👋 I am watching LUNA closely and depicted above are some of my key points..👆📌📈 We recently broke up and out of a descending channel, but I am not convinced just yet, let's see if we bounce down from this possible resistance at the top of our triangle/wedge shape..!🆗↘↗🧐🔺 Just a few days ago there was news that the (80 percent drop in price recently) drop👀🐻 in LUNA token🌚 caused major issues with the price of Terra blockchains PIGCOIN🐷💲 pair (UST,) was down upwards of 11 cents at one point. 😨 PIGCOINS🐷💲, or (stablecoins,) are supposed to stay at a fixed price and not deviate in either direction (think US dollar) TERRA, having a large amount of reserves in their token LUNA, then had to buy up aggressively their LUNA token to fix the drop in UST. This does not go unnoticed and is something to consider before investing in this token short-term. Long term, LUNA is expected to make a recovery but it is always wise to use caution! Thank you so much for considering this chart/analysis of LUNA-USD, I always love your feedback!!!🐶🎉 🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you! Always have a stop loss ✋🛑💲 set🆗 Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. Jazerbay
L
by jazerbay
34