CVCUSDT (Civic) Updated till 05-10-24CVCUSDT (Civic) Daily timeframe range. we can see a nice move from its local low. made some easy profits myself from it. its trying for a push against 0.1973. a clean close can run it toward 0.2611. but for that its need that clean close. recent support at 0.1514.
Signalsprovider
EURUSD Channel breakout and further potential drop after a correEURUSD has sharply declined following news of escalating tensions in the Middle East, which triggered a surge in the DXY, pushing down other currency pairs. The market formed a double top at the resistance level and failed to close above it. Currently, it is heading toward the bottom of the range. Zooming out, you'll notice the price action has been oscillating between 1.10200 and 1.12000. A pullback may occur before the market continues its downward movement. The target is the support level at 1.10300
Lingrid | GOLD Price ACTION Analysis ahead of NFPOANDA:XAUUSD keeps testing the resistance area at 2660. On the daily timeframe, the presence of double long-tailed bars indicates some rejection at this level. Additionally, the price is still trading within Tuesday's range, where there may be resting liquidity above the high and below the low. Another bullish sign is the break and close above the downward trendline. I believe the market may retest the previous week's high. However, it is important to note that today is NFP day, which could potentially invalidate any bullish signs if the news comes out unfavorable for gold. Overall, I expect the market to move upward towards the PWH, but caution is warranted given the potential impact of the NFP report. My target is resistance at 2675
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Lingrid | AUDUSD potential LONG from SUPPORT levelThe price perfectly fulfills my last idea. FX:AUDUSD has bounced off a resistance zone and subsequently reached the main support level after breaking the upward channel. The price is currently testing a level that has been respected multiple times on the daily timeframe. I'm monitoring this level closely; if the price makes a false break of the support level, I believe there is a strong chance it will bounce back. This is especially likely given the strong upward movement we have seen from this level previously. My goal is to resistance zone at 0.68730
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Lingrid | TONUSDT faces Challenges in CLOSING above 6.00 levelThe price perfectly fulfilled my last idea. It hit the target level. OKX:TONUSDT bounced off the psychological level at 6.00 and is heading toward another level below 5.00. A significant bullish divergence has formed on the 1H timeframe, increasing the likelihood of a bounce off the support level and downward trendline. I believe the market may enter an accumulation phase between the 6 and 5 levels. Nevertheless, I expect the price to rebound as the bearish momentum is fading. My target is resistance zone at 5.670
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DARUSDT (MinesofDalarnia) Updated till 04-10-24DARUSDT (MinesofDalarnia) Daily timeframe range. price action here is kind of inconsistent. but in bright side thats good for day trades, the more it moves the more trading setup it provides. if stays above 0.12778 it will push it again to 0.17201.
GBPAUD potential drop and continuation of the down trendGBPAUD has been respecting the upward trendline for over a month but now appears poised to break through, potentially triggering a significant sell-off. On the daily timeframe, the price action looks quite bearish. The formation of a consolidation zone just above the trendline suggests the market is preparing for a potential breakout. Consequently, the market could drop from this resistance zone toward lower levels. The target is the support level at 1.93080
Lingrid | GOLD anticipating a Complex PULLBACK. Potential LONGOANDA:XAUUSD price continues to move sideways after reaching an all-time high (ATH). It appears to be forming a complex pullback, as it has not retested the previous higher high. This price action may lead to a triangle formation, indicating a potential squeeze. With high-impact news scheduled for today, I anticipate the market may retest the previous week's low zone, possibly by forming a complex pullback (like an ABC move) before bouncing back, consistent with the current sideways trend. My target is resistance zone around 2665.
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Lingrid | EURUSD at the Bottom of the CONSOLIDATION zone. BuyThe price perfectly fulfilled my previous idea. FX:EURUSD has reached the bottom of the consolidation zone, testing a strong support area around 1.1000, where it has bounced before. On the monthly timeframe, the price is at last month's lows. A fake breakout and liquidity grab below the trendline and support could lead to strong upward momentum towards the major bullish trend. Additionally, with unemployment rate news set to be released today, we should be prepared for increased volatility, so it’s essential to monitor the market closely for confirmation. My target is resistance zone at 1.11030
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Lingrid | ETHUSDT battle Between SUPPORT and Resistance LevelsThe price perfectly fulfilled my previous idea. It hit the target level. On the daily timeframe, BINANCE:ETHUSDT has been in a consolidation phase between support and resistance since August. Recently, a triangle pattern formed at the top of the range zone before the price dropped, likely influenced by the downturn in BINANCE:BTCUSDT . Currently, the price is approaching the psychological level of 2300, which has historically been respected multiple times. Additionally, the market is making lower highs and higher lows, indicating a narrowing price action. If the price approaches the 2300 level and shows signs of rejection, such as increased buying pressure, I expect a bounce off this support level. My target is resistance zone around 2525
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Lingrid | GOLD in a phase of CONSOLIDATIONThe price perfectly fulfilled my previous idea. It hit TP. The market has formed lower high, suggesting that it may remain in a consolidation phase for some time. After bouncing off the resistance at 2670, there is a possibility that it might retest the support zone.I expect a bullish move if the price breaks above the downward channel, which is a correction against the major trend. A solid break above that channel will be a confirmation for a continuation of the upward trend. My target is resistance zone at 2663.90
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Lingrid | EURUSD Upward Channel BREAKOUT. ShortFX:EURUSD has tanked following news of escalating tensions in the Middle East, leading to a surge in the TVC:DXY that has pushed down all other currency pairs. The market created a double top at the resistance level and failed to close above it. Currently, it is moving toward the bottom of the range zone. If you zoom out, you'll see that the price action has been oscillating between 1.10200 and 1.12000. I anticipate that the market will experience a pullback before continuing its downward movement. My target is support level 1.10300
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Lingrid | TRXUSDT gaining Momentum in the Market. Potential LongSince the launch of the platform for meme coins, the Tron network has gained significant attention in the crypto space. The price action of BINANCE:TRXUSDT looks promising, by a smooth structure of higher highs and higher closes. Recently, the market made a pullback from the resistance zone and is currently testing the support level at 0.1525, which has been respected twice before. I expect the market to bounce back from this support level and the upward trendline, especially as we are observing some rejection candles forming. My target is resisatance zone at 0.1575
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PROSUSDT (Prosper) Updated till 02-10-24PROSUSDT (Prosper) Daily timeframe range. if we zoomout the chart we can see price action got lots of space to move. its trying get out of 0.4003 which will be more optimal. it will be helpful if it get some more volume here to secure the level. local support at 0.2728.
Lingrid | GOLD Weekly PRICE Action ANALYSISOANDA:XAUUSD market rallied this week following the FED's 50 basis point interest rate cut. While there is a potential for buy-the-dip strategies to attract bulls, the current price levels might be in overbought territory, making it challenging to expect the price at higher levels. This situation could lead to a sideways movement in the market.
If the price does drop toward the 2600-2620 zone, it may entice bulls to enter the market, considering it a more favorable buying opportunity. The close of the September candle will be critical, as it could signal the future price direction. If September closes with a long-tailed bar, this could indicate a potential pullback toward the psychological support level at 2600 or the 50% retracement of the monthly range.
Next week, the market will also be influenced by high-impact economic news, including the Non-Farm Payrolls (NFP) and the Unemployment Rate, which could significantly affect price direction. Keep an eye on these upcoming news.
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Lingrid | GBPUSD in the CONSOLIDATION zone. LongThe price perfectly fulfilled my previous idea. It reached the target. The price action indicates that the FX:GBPUSD is currently in a consolidation zone after reaching the resistance area. Overall, the market is in a bullish trend on the daily timeframe, which suggests that there is still underlying demand pushing prices higher. However, the recent break of the upward trendline indicates a pause in the bullish momentum. This break may suggest that the market could be in the temporary slowdown before deciding its next move. Given that the price is now in a range, it’s likely that the market may stay within this range for some time before continuing the bullish trend. My target is resistance zone at 1.33960
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SOLUSDT Potential trend continuation after a correctionSOLUSDT recently tested the psychological level at 160, forming a double top pattern, which could signal a potential reversal or consolidation after reaching this key level. Prior to this, the market broke and closed above another significant level at 150, a bullish indication that buyers are stepping in.
On the daily timeframe, the market is currently testing a previous resistance zone, where selling pressure led to pullbacks on two prior occasions. However, on the weekly timeframe, the last two candles have shown strong momentum, reinforcing the bullish sentiment in the market.
The price may consolidate just below the 160 resistance level before a potential breakout. The target is the resistance zone at 165
Lingrid | SOLUSDT consolidation Ahead of POTENTIAL BreakoutThe price perfectly fulfilled my previous idea. It reached the target zone. BINANCE:SOLUSDT has tested the psychological level at 160, where it formed a double top pattern before pulling back. This indicates a potential reversal or consolidation after hitting a significant level. Prior to this price movement, the market broke and closed above the another strong level at 150, which is a bullish sign and suggests that buyers are showing interest. On the daily timeframe, the market is testing a previous resistance zone, where price has previously encountered selling pressure and pulled back on two occasions. Analyzing the weekly timeframe, it is noteworthy that the last two candles were strong and showed momentum, reinforcing the bullish sentiment in the market. I expect the market to consolidate just below the resistance level at 160 before a breakout. My target is resistance zone at 165
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