BTCUSD: Local Correction Ahead! Buy!
Welcome to our daily BTCUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 63,319.90
Wish you good luck in trading to you all!
Signals
Lingrid | SUIUSDT short-term CORRECTION from the RESISTANCE zoneBYBIT:SUIUSDT made an impressive surge from the 0.75 level to its current levels. However, with the market having made a fake breakout above the previous resistance zone established in March, there is a likelihood of a pullback. Given that the price has moved up significantly without any notable pullbacks, a correction seems probable. Estimating a pullback in the range of 20% to 30% would be reasonable, especially considering the rapid rise. There is also a possibility that the market may dip below the psychological level of 2.00 before consolidating. This consolidation phase could allow the market to gather momentum and build the necessary support to eventually challenge and potentially establish new all-time highs. I expect short term pullback from the swap zone. My goal is support level at 1.80
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MSFT Microsoft Corporation Options Ahead of EarningsAnd when you think about it, everything began with this:
Now analyzing the options chain and the chart patterns of MSFT Microsoft Corporation prior to the earnings report this week,
I would consider purchasing the 430usd strike price Calls with
an expiration date of 2024-11-1,
for a premium of approximately $9.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
US30USD Will Go Higher From Support! Long!
Here is our detailed technical review for US30USD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 42,119.2.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 42,845.4 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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EURUSD Will Go Down From Resistance! Short!
Take a look at our analysis for EURUSD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 1.079.
The above observations make me that the market will inevitably achieve 1.068 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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NZD-CHF Head And Shoulders Pattern And Breakout! Sell!
Hello,Traders!
NZD-CHF has established
A head and shoulders pattern
And now we are seeing a
Long-awaited bearish breakout
Of the neckline around 0.5191
So we are now bearish biased
And we will be expecting a
Further move down
Sell!
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Alikze »» SEI | Double top - 1D🔍 Technical analysis: Double top formation in the supply area
- It is moving in an ascending channel in the daily time frame.
- The upward corrective wave has been able to return up to 0.50% of the Fibo of the previous wave, which has faced selling pressure in the supply area with the formation of a twin ceiling.
- Currently, with the failure of the negative line and selling pressure, if the price cannot stabilize above the 0.3906 range, there is a continuation of the downward trend up to the block order range.
- If it encounters demand in the green box area, it can have a return to the blue box area.
💎 In addition, if the selling pressure is sharp, the probability of breaking the green box area for the target is 0. 1954 will exist.
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Alikze.
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BINANCE:SEIUSDT
CHF-JPY Growth Ahead! Buy!
Hello,Traders!
CHF-JPY Is growing again
Now after the pair made
A bullish rebound from the
Horizontal support of 175.000
So we are bullish biased
And we will be expecting a
Further move up
Buy!
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GBP-JPY Move Up Ahead! Buy!
Hello,Traders!
GBP-JPY is already making
A bullish rebound from the
Support level of 195.111
While trading in an uptrend
So we are bullish biased
And we will be expecting
A further move up
Buy!
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Lingrid | GBPCAD long from the SUPPORT levelFX:GBPCAD broke through both the resistance level and the downward trendline, signaling a bullish market trend. I anticipate a classic breakout retest followed by a continuation of this upward movement. Analyzing the daily timeframe, we can observe that the market is making higher highs and higher lows, which reflects robust buying pressure. As the price continues to test the significant round number of 1.8000 above, I believe it’s only a matter of time before we witness a strong breakout to the upside. My goal is the resistance zone at 1.80700
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
APPLE Under Pressure! SELL!
My dear friends,
APPLE looks like it will make a good move, and here are the details:
The market is trading on 234.99 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 229.05
Recommended Stop Loss - 238.19
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
USOIL Will Go Higher! Buy!
Please, check our technical outlook for USOIL.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 71.62.
Taking into consideration the structure & trend analysis, I believe that the market will reach 73.20 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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EURCAD Will Go Down! Sell!
Here is our detailed technical review for EURCAD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.499.
Considering the today's price action, probabilities will be high to see a movement to 1.493.
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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