Today
adA IS BUllISh YESSSSSSSSSSSSSSSTL;DR Synopsis
Cardano price analysis reveals a bullish trend, with ADA/USD facing rejection at $0.4478.
Support for ADA is present at $0.4296.
Cardano price analysis is providing us with strong optimistic signs for the day. The bullish tide has been quite strong, as price levels have been growing at a regular and consistent rate. The price is currently at $0.4402, which is a significant victory for purchasers. More positive movement is predicted as support at $0.4296 is stabilized.]
All in all, Cardano price research reveals that the currency has been able to make a strong rebound today and buyers have been successful in pushing prices over $11.4402. However, the bulls must watch for the resistance at $10.4478, which could pose a barrier to further gains. The strong bullish momentum suggests that Cardano's price may rise above the given level if buyers maintain market pressure.
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XAUUSD Daily Projection 10/04/2023XAUUSD
GOLDclosed the week in the 2004 - 2020 range last Thursday . Given the good NFP results, it is we already know that GOLD will make a GAP fall this morning. Now that the GAP is already closed, we know that downtrend is confirmed for Loco at least until tomorrow. Let's focusing on Sell where i see a resistance area at 1997 - 2003. It is most likely GOLD will pulled back here before making another drop.
SELL Area 1997 - 2003 SL 2009 TP 1988
R3 2049.488
R2 2028.282
R1 2019.860
PV 2003.728
S1 1996.578
S2 1987.934
S3 1977.788
Usdcad Sell Short term Follow on from our previous sell on this pair, price has return to the top of interest above and false breakout of the downward trendline forming a bearish channel.
We are anticipating some $$ weakness over the coming months fundamentaly and with that in mind out first bearish trade for the dollar is USDCAD.
entry sl and tps marked.
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GBPUSD GOING TOWARDS RESISTANCE price fails to make new lower low where price indicating going up to touch its resistance in coming days due to low liquidity it may take time but soon chances are high to make hit resistance one. where bear and bulls race will continue lets see who will win. As the price action allowing us bullish move up to 1.23 zone where again may see a bear move accordingly from the mentioned resistance.
Usdcad Sell Short term Hi All,
We opening a sell on Usdcad, as you can see we are still very much inside a sort of bullish flag, however with the weakness of $ and the break of support, which is now turned resistance couple with the bearish engulfing candle we are anticipating a further drop to 1.32 X and then 1.30 XX.
Entry, Sl, TP marked.
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Many Thanks
In AUDUSD We Have To Sell In AUDUSD we can see a uptrend from 2or 3 days continously and now the candle stick have reached its resistance level. So we can short the particular currency pair.
The target is also very good if we talk about risk to reward ratio
i.e. 3:1
which is considered as the very nice risk to reward ratio.
So at the conclusion i will give the opiniun to short the particular currency pair at the level of 0.67140
our Take Profit will be at the price level of 0.66555
and our stop loss will be at the level of 0.65357
Have A nice trade,
Thanking You Satyam
Nifty 50 Price action today expiry 17/11/2022Looking at elliott waves, we can see that Nifty has now completed a C pattern yesterday (5 and 15 min time frame ). As well as the start of an impulse wave. Once this has proceeded as an impulse wave. As you can see the second wave retraces from that yellow box and continues the upward trend and 3 rd wave impulse.
If we look at the open interest, we have reasonable support at 18300 and if Nifty is not able to sustain that level, a decline will happen.
As per my earlier posts, a steep decline can happen anytime until we confirm the end of wave 5 of lower time frame or wave 3 of the 4 hour time frame. it will be the last correction for this year.
BTC/USDT - 1H - BREAKDOWN NOV 14BTC/USDT - 1H
I want to wait what dollar react to the new week till the NY SESSION, for now I will watch the zone around 17K, price action will tell us what we can do.
In this week i will would like to share my trades for you, i will add to the channel what I trade myself, my entry or limit, stop-loss and take profit.
I follow a very strict Risk-Reward-Ratio, I usually risk a maximum of 1% of my capital in one trade and expect about 3% or more percent profit per trade
BTC analysis IS BULLISHToday's bitcoin price analysis is positive.
To $16,500, BTC/USD reversed course.
Over the previous hours, there was less selling pressure.
Today's bitcoin price analysis is positive as a result of the higher low that was recorded around $16,500 after a 24-hour retrace. BTC/USD has likely made a new bottom and is now poised to rise much further over the weekend. Another significantly lower high for the price of bitcoin was achieved at $21,500 last weekend, and this week it quickly reversed. BTC/USD began to fall sharply after previous support at $20,000 was breached, quickly reaching $18,000.
Following that, there was no recovery, which led to a fast wave lower on Wednesday. This time, a challenge of the $16,000 support led to a considerably greater reaction upward to the $18,000 level.
Over the previous 24 hours, the market experienced negative trading. Bitcoin, the market leader, fell by 4.18 percent, and Ethereum by 2.34 percent. Most of the top altcoins fell even further in the interim.
Bitcoin price movement in the previous day: Bitcoin tested the downside again. BTC/USD traded in a range of $16,543.48 to $18,054.31, showing high volatility in the previous day. While the total market capitalization fluctuated around $322.63 billion, representing a dominance of 37.92 percent, trading volume fell by 38.55 percent to $60.3 billion.
BTC looks to set a higher low on the 4-hour chart of USD/BTC
On the 4-hour chart, we can see evidence of support at the $16,500 level, suggesting that a higher low is probably going to be formed.