Hello traders.. Gold Forecast: Bullish Momentum Expected with Key Levels to Watch" Today's market analysis suggests a bullish direction for gold, as the opening price is above both the pivot and the Point of Control (POC). This indicates a positive sentiment in the market. While the pivot is narrower compared to yesterday, the two-day relationship remains...
The current EUR/USD exchange rate stands at 1.08251. Earlier, in the opening market, there was a break of the trend line over an 8-hour period. Presently, the market seems to be retesting that break and experiencing a pullback, suggesting a potential opportunity to sell. There's a possibility that the price might return to the channel for what could be a false...
1. Price in Overall Uptrend Direction: This means that the general movement of the price of whatever asset or security is being discussed is moving upwards over a period of time. In other words, the value of the asset is increasing over the long term. 2. Uptrend Structure Being Maintained: This indicates that the pattern of higher highs and higher lows, which...
Certainly! The Fibonacci Value Gap (FVG) is a technical analysis tool used to identify potential price levels based on Fibonacci ratios. When discussing Bitcoin's FVG, we're essentially referring to key price levels derived from Fibonacci retracement or extension levels. When I mentioned that Bitcoin's FVG is set to be tested, it means that the current price of...
BINANCE:FETUSDT (1D CHART) Technical Analysis Update FET is currently trading at $2.6813 and showing overall bullish sentiment FET has formed a nice flag pattern and the price is waiting for breakout. IF the price breaks out then we have a good opportunity for long trade Entry level: $ 3.01 Stop Loss Level: $ 2.04 TakeProfit 1: $ 3.73 TakeProfit 2: $...
In my most recent BTC analysis I talked about Bitcoin's pending break out of the bull-flag pattern on the chart. As of today, my initial entry has been hit and the top resistance has been retested as support. This makes me believe that the break out is legit and that a new leg up is on the horizon. My target remains at 80k, although I wouldn't be surprised if...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 IDEA has been overall bullish , trading within the flat wedge pattern in orange. Currently, IDEA is in a correction phase, approaching the lower bound of the wedge. Moreover, it is retesting a strong demand zone $0.0026 - $0.003. 🏹 Thus, the highlighted blue circle is a...
Title: "NZD/USD Analysis: Navigating Bearish Trends with Potential for Momentum Shift" In the realm of NZD/USD trading, bearish sentiments continue to hold sway, painting a dominant picture in the market. However, amidst this prevailing bearish landscape, there are glimpses of hope emerging for potential bullish prospects on the horizon. Zooming in on the...
In this analysis I want to take a closer look at Bitcoin's performance over the last few weeks. My earlier analyses proved to be wrong, so waiting until the market shows us clarity is always a good idea. Now that BTC has established two higher-lows after the big sell-off on March 5th, we can say with some confidence that BTC is currently trading in a bull-flag...
Hello traders, lets talk about this idea i analysed already but some house rules i didnt follow thats why my idea was private and visible only for so i reanalysed again and post for your knowledge and information hope you understand and co-oparete, In the realm of market dynamics, $2304.87 has emerged as a formidable barrier for XAU/USD, demonstrating resilience...
✅ Xauusd Market Insight 📈📉 🔰OutLook 🔍 🔰RESISTANCE ◾2285 ◾2297 ◾2301 🔰SUPPORT ◾2270 ◾2260 ◾2253 Long position above 2285 with targets at 2297 & 2301 in extensions Below 2285 and 2281 look further downside with 2270 / 2260 & 2253 as Support Target 🎯🎯 ✅ BEST OF LUCK TO ME IF YOU LIKE THIS IDEA COMMENT AND FOLLOW THANKS FOR SUPPORT 🤞
In this analysis we talk more about yesterday's analysis where I discussed the completely normal correction that BTC has been seeing. Furthermore, chances are that we will see more of those correction in the coming months. As seen on the chart, Bitcoin sees multiple deep corrections (>20%) during bull-cycles. Sometimes they are less excessive, but >20% is...
Bitcoin has been trading relatively bearish over the last month. However, this appears to be normal trading behaviour after a new all-time high has been made. As seen on the chart, BTC did the same thing two cycles ago. Make a new ATH by ~7%, and then dump ~33%. Not sure whether we will dump 33% this time due to diminishing returns theory. Looking at this...
In this analysis I want to take a look at ETH's price action over the last few weeks. It appears that ETH is underway to form a classical pattern that most of you a familiar with, a dead cat bounce into another sell-off. Keep in mind, the dead cat has not been confirmed yet, since the price needs to go below the purple dotted line. Still, it's a pattern that will...
DMART form a Triangle pattern. Breakout happened in 1D but closely watch today close then we will enter into the trade. Target 1 ---> 4550 Target 2 ---> 5550
In this analysis I want to take a closer look at ALT and the bullish channel it appears to be trading in. To maximize potential gains (and chances for a bullish reversal), I'm going to wait for the price to reach the bottom support. If BTC reverses in the near future it might be the case that the entry won't be hit, which is fine. Entry is placed at 0.52 for...
Mahindra Logistics has given 60% fall from highs !! Stock is around the support of Rising channel We can clearly see stock could touch upper range of rising channel which is coming around 1050-1100 Stock may also come down till 300 levels and that would be the best level to BUY Thank You !! Disclaimer : We are not SEBI registered analyst. Do your own...
Hi guys Note that the analysis is on weekly and daily time frames and a medium-term trend is considered. It seems that considering the maintenance of the support area of $0.2719 and the consumption of the resistance areas, the areas marked for buying can be attractive. What do you think?