GBP/AUD BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
It makes sense for us to go long on GBP/AUD right now from the support line below with the target of 2.022 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
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LONG
AUDCAD Massive Long! BUY!
My dear followers,
This is my opinion on the AUDCAD next move:
The asset is approaching an important pivot point 0.8915
Bias - Bearish
Safe Stop Loss - 0.8899
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.8943
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
AUDUSD Technical Analysis! BUY!
My dear friends,
My technical analysis for AUDUSD is below:
The market is trading on 0.6199 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.6226
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
GBPCHF: Expecting Bullish Movement! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current GBPCHF chart which, if analyzed properly, clearly points in the upward direction.
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Bitcoin can exit from pennant and then start to growHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price a few moments ago broke the resistance level, which coincided with the seller zone and continued to move up next. Price rose to 108300 points (New ATH) and then started to decline in a triangle. In a short time, BTC fell to the 101800 level, broke it again, and then made a retest, after which continued to move down. Later, the price fell to the support level, which coincided with the buyer zone, and then bounced up, but soon turned around and declined back to the 93400 level. Then BTC turned around and rose to the resistance line of the triangle and then started to fall to the buyer zone. After it reached this area, the price some time traded inside and then rebounded up, thereby exiting from the triangle and continuing to grow in the pennant. In a pennant pattern, Bitcoin rose to the seller zone, after which it turned around and dropped to support line of this pattern. Recently it rebounded and now I expect that BTC can fall a little more, even exit from pennant, and then turn around and start to grow. For this case, I set my TP at 99000 points. Please share this idea with your friends and click Boost 🚀
WRB RotationTesting a few technical indicators during a cyclical rotation here:
- Volume Profile
-- 50 day lookback "Quarterly PoC" | Price is at PoC
-- 100 day lookback "Power PoC" | Price is at PoC
-- PoC Price | Blue = Long
- 200 Day Moving Average
- provides baseline for Long/Short basis | Price > MA = Longs
- Volatility Radar
-- highlighted background indicates:
--- compressed volatility | Entry Allowed
--- trend intensity is showing a "weakening" bearish trend | Mixed on Direction
- 50 Day Moving Average
-- used as the ultimate exit after price goes above it
Good Luck!
US30 Will Grow! Long!
Please, check our technical outlook for US30.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 42,645.7.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 43,102.7 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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SILVER Will Go Higher From Support! Buy!
Here is our detailed technical review for SILVER.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 30.244.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 31.757 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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NZDCAD Will Go Higher! Buy!
Please, check our technical outlook for NZDCAD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.804.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.814 level soon.
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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GBP/NZD BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
GBP/NZD is trending up which is obvious from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a great trend following opportunity for a long trade from the support line below towards the supply level of 2.218.
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GBP/CHF BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
GBP/CHF pair is in the uptrend because previous week’s candle is green, while the price is obviously falling on the 4H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.128 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
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GBP/JPY BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
GBP/JPY pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 195.317 area.
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Chiliz - The Best Sports Crypto Im going to be breaking-down what I feel are the best long-term holds in each sector/category of crypto. This is the Sports/Entertainment category. I will tell you the pros and cons of each project.
Chiliz
When looking at the chart we can see that Chiliz has been moving in a downward trend for quite some time. On the weekly chart we can see the CHZ has formed a strong bullish divergence. The sports narrative has not yet picked up any steam but once it does, you can bet that CHZ will lead the pack.
Pros of Chiliz (CHZ)
Fan Tokens: Through partnerships with sports teams, especially in football (soccer), Chiliz allows fans to own tokens that can be used for things like voting in polls, receiving merchandise, or influencing minor team decisions, increasing fan loyalty and engagement.
Real-World Use Cases:
Partnerships with Major Sports Organizations: Chiliz has forged partnerships with prominent sports teams, such as FC Barcelona, Juventus, Paris Saint-Germain (PSG), and many others, integrating the platform into the fan experience in meaningful ways.
Socios.com: Chiliz powers Socios.com, a leading platform that lets fans buy and trade tokens from sports clubs. This ecosystem enhances the use of CHZ and contributes to the growing adoption of the project.
Expanding Ecosystem: The project has continued to expand its roster of partnerships with sports leagues, which helps it grow both in the number of users and in the diversity of tokens it offers.
Cons of Chiliz (CHZ)
Niche Focus: Chiliz’s focus on sports and entertainment means its success is tied to these industries. If fan engagement in sports decreases or the tokenization model doesn't take off as expected, it could significantly affect CHZ’s value and relevance.
Legal and Regulatory Risk: Like other cryptocurrencies, Chiliz faces regulatory uncertainty. Countries and jurisdictions are still figuring out how to regulate fan tokens, NFTs, and cryptocurrencies, which could affect Chiliz’s operations and its partnerships with sports teams.
Potential for Regulatory Crackdown: If the legal landscape becomes stricter, there could be negative consequences for Chiliz and other crypto projects in the sports and entertainment space.
All in all, this is not financial advice and instead just my opinion. Thanks for viewing my post and make sure to check out my other ideas!