Technical_analysis
Gold / U.S. Dollar - 2 Scenarios (NEW)If the price breaks down the support level, we expect that the price will decrease in the long term. Bollinger Bands indicates that it is almost time to sell.
On the other hand, if the price breaks the resistance level, we expect that the price will increase. Then it will test another resistance levels.
Bulls and Bears zone for 08-10-2022There is a lot of Euphoria after CPI was released earlier today. Will this last for an extended period is the question.
Any test of ETH session High could provide direction for the day.
Level to watch 4200 ----4198
Report to watch:
US:EIA Petroleum Status Report
10:30 AM ET
$GRAB - Buy with upside of +50% to +90% Technical Analysis
Oversold with weekly William %R and RSI starting to show reversal signs.
Daily RSI crossing above 50 and looking ready to curl upwards.
Price consolidating between $2.60 - $3
Broke out of the wedge.
Price Target
Buy between $2.60 -$3.00 or above $3 for confirmed breakout.
Analyst Price target: $4.6 (
Fib Level Price Target of $5.70 (upside of +90%)
⚡️ETH 4HR CHART UPDATE⚡️Hello, traders welcome you all to this exclusive ETH 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As we can see that according to our previous update ETH moving upside well, it bounce right from the lower trend line in support of the triangle pattern and gained above.
In the current scenario, ETH is trading on a support level and higher chance to grow above from current level until ETH holds this level.
Candle close below lower trend line support will lead ETH to drop down towards the lower trend green support level.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
⚡️BTC 4HR CHART UPDATE⚡️Hello, traders welcome you all to this BTC 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As we can see in the chart mentioned above that nothing has changed in the 4hr time frame, BTC is still trading at the support zone and holding red MA well.
According to the current scenario, BTC broke a dissenting triangle and is currently traded above after a support level retest.
Until BTC holds this level chances to grow above the side are high.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
⚡️ETH 4HR CHART UPDATE⚡️Hello, traders welcome you all to this exclusive ETH 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As ETH is trading inside a rising parallel channel for the last 46days it got rejected from upper trend line resistance and continuously dropped downside after breakdown to the green support level of $1660.
In the current scenario, ETH heading towards the lower mid-trend line support which ETH needs to hold to regain upright, candle close below trend line support will lead ETH to drop to a lower green support level of $1450.
If it breaks down the lower trend line support then it can move down to the lower support zone.
Let’s see how the price reacts in the upcoming hours.
Here we need a trend reversal to go long until then stay aside and wait for the right time to get in.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
⚡️BTC AT SUPPORT LEVEL⚡️Hello, traders welcome you all to this BTC 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As BTC got rejected and meltdown by 7% from the upper trend line resistance level, it's currently trading on a green support level of $22.9k.
BTC needs to hold this level to regain its upper resistance level again.
As BTC holds this level well, chances for upright movement are likely in upcoming candles.
Here BTC is getting also support from red MA.
Candle close below this level will be
Unsatisfactory for bull and it can move down again to its lower green support of $20.9k.
If it bounces back from this level we can go long from this level but first, we need confirmation.
So stay tuned with our updates we will be posting a few trade setups according to market conditions.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
⚡️TETHER/DOMINANCE 1HR CHART UPDATE⚡️Hello, traders welcome you all to another chart update on USDT DOMINANCE.
If you are reading my update for the first time hit the like button follows and comment in the comment section if you find this analysis helpful.
As we can see USDT DOMINANCE meltdown by 15% in the last 5 days which was great for ALT coins to grow above by good % level.
In the current scenario, USDT DOMINANCE broke above the resistance trend line of the parallel channel which may gain in % level in upcoming hours towards the upper level of 6.7%.
Re-gain from the current level will bring poor PA in altcoins.
IMO, we should avoid taking long calls at this unpredictable stage and wait for the right time to get in.
Here we need a rejection from the current price level towards the lower price level of 5.6%.
Here MACD is also about to print a bearish cross which can result in a downfall in the upcoming hours.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#BTC/USDT 4HR CHART UPDATE !!Hello, traders welcome you all to this BTC 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As expected BTC was unable to hold the $24.4k level and got rejected from the upper trend resistance and a meltdown by already 5%.
In the current scenario, BTC is moving downside towards the lower green support at the $22.6k level.
As bulls are holding long above $23k so until BTC is able to hold above this range nothing to worry about here.
IMO, we should wait for the weekly close and need a close above the $23k level.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#TETHER/DOMINANCE 4HR CHART UPDATE !!Hello, traders welcome you all to another chart update on USDT DOMINANCE.
If you are reading my update for the first time hit the like button follows and comment in the comment section if you find this analysis helpful.
As USDT DOMINANCE is trading inside the falling channel pattern on a lower trend line and crucial support zone, here it needs to break below to bring a consecutive green candle in ALT coins.
If we consider MACD is moving upwards and it’s about to print a bullish cross which is an indication for a green candle in STABLE DOMINANCE towards the upper trend resistance.
Bounce from the current level will lead dominance towards its upper trend line resistance.
Break below from current will be great for altcoins to print green candles.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#BTC/USDT 4HR CHART UPDATE !!Hello, traders welcome you all to this BTC 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As BTC was able to bounce back to regain its previous position from $20.7k to $24k.
In the current scenario, BTC got rejected from its $24.4k resistance zone and currently trading at the price level of $23786.
Here a bit of more pullback is likely in upcoming hours towards the lower green support of the $22.9k level.
We can witness a quick bounce from the green support level towards the upper resistance level to break above this 5 weeks channel pattern.
A candle that closes below the lower green support zone will lead BTC again towards the lower support level of $20.9k.
Let’s see how it goes in the upcoming hours and stay tuned with us we will keep updating you.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Bulls and Bears zone for 07-27-2022FOMC will release its decision on interest rates this afternoon which could be the reason why market is trading in a range during ETH session.
Any test of yesterday's High could provide direction for the day.
Level to watch 3952 --- 3954
Reports to watch:
US:Pending Home Sales Index
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
US:FOMC Announcement
2:00 PM ET
US:Fed Chair Press Conference
2:30 PM ET
GBPUSD Long PositionWe expect that the price will increase, after retesting the 1.206 resistance level as a support. Then, we expect that the price will gradually rise upwards. The final target and the resistance levels in the chart.
Entry: enter long after successful retest.
Stop loss: as in the chart
EURAUDMany traders see a trend continuation here, I still have doubts
so let's close our short positions when market opens and join the long-term reversal.
There are several reasons that support this buying scenario
⠀1. strong support zone confirmed with candlestick pattern
2. bullish momentum and very strong demand area
3. a completion of a 3-3-5 flat correction
But we do not rush to buy, we wait for a correction outside the channel and confirmation
⠀
Only after that we will make a decision about further moves.
TAKE a long @ 1.4769
TP 1 @ 1.5050
TP 2 @ 1.5275
TP 3 @ 1.5534
Protective stop @ 1.4639