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Trend-analysis

HelenP. I British Pound will continue grow to resistance levelHi folks today I'm prepared for you British Pound analytics. A few moments ago price rebounded from the support level, which coincided with the support zone and rose to 1.2735 points, but then it turned around and made impulse down to 1.2500 points, thereby breaking the 1.2600 level. After this, the price in short time rose back to this level and also broke it, after which GBP made an impulse up to the resistance level, which coincided with the resistance zone. Then price bounced from this level and started to trades inside consolidation, where the price declined to the support level, after which turned around and made impulse up to the resistance zone, and even higher. But soon GBP fell back, making a fake breakout, and later rose again to a resistance level. After this movement, GBP rebounded down from the 1.2775 level to the support level and soon bounced back, but a not long time ago British Pound rebounded from the resistance level again and it trades below. For my mind, GBP will make a small movement down one more time and then continue to grow to the 1.2775 resistance level, which coincides with the top part of the consolidation. For this case, I set my target at this level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
EURO - Price can correct to support level and then bounce upHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price traded between $1.0950 resistance level, which coincided with resistance area. After this, Euro little rise, after which it started to decline in falling channel, where soon price broke $1.0950 level. Then price declined to support level, which coincided with support area, and started to trades near this level in channel. Later Euro even declined below $1.0850 level to support line of channel, but soon turned around and rose to resistance line. Price fell below $1.0850 again, but recently it rose back, and at the moment EUR trades near this level. In my mind, Euro can make correction to this level and then bounce up to $1.0910 resistance line of channel. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
1
Bitcoin Trend Is About to ReversalAt this point I still think the trend is about to reverse 1. The daily line has diverged 2. Starting from an ascending triangle from December to January last year In the upper supply range, people are constantly shipping. Coupled with the subsequent false breakthrough and the upward shock in the following days, I don’t think retail investors can sell so much goods here. 3. It touches the weekly line of 0.618 and is also the last escape point of the last bull market. There's no one in the trap here who would be so kind as to free them. #The cryptocurrency market has high risks, please carefully evaluate operational risks This analysis is a personal comment and does not constitute any investment advice, so please refer to it with caution.
Short
by Jobs_lin
Gold struggle to selling read the caption Gold has bullish it's a good opportunity as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.
OANDA:XAUUSDShort
by Mrsam36
Dow Jones ready to fly read the caption US stocks climbed broadly higher on Monday, etching in fresh all-time highs as last week’s late break into record prices carried over into the new trading week, with tech stocks leading the way higher and sending the Dow Jones Industrial Average (DJIA) over the $38,500.00 valuation for the first time ever. Dow Jones ready to bullish trend The Standard & Poor’s (S&P) 500 major equity index continues its march towards $5,000.00, ending Monday at $4,800.43 after hitting a new record high of $4,880.05 as investors continue to pile into stock bets.
BLACKBULL:US30Long
by Mrsam36
After strong upward impulse, BTC can make correction to 44150Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some days ago reached the resistance line of the downward channel, which is located in the support area, but at once rebounded and continued to decline in the channel. Later BTC fell to the support level, which coincided with the support line of the channel and buyer zone, but then the price rebounded and made impulse up to the resistance line. After this, Bitcoin bounced and declined until to support line of the channel, thereby breaking the 42000 level, but soon price rebounded and rose back, making a fake breakout of this level. Next, the price some time traded near the 42000 level and later rebounded up to the resistance line of the downward channel. In a short time, BTC exited from the channel and made a strong upward impulse to 45900 points, thereby breaking the 44150 level, which coincided with the support area. Recently it started to decline and possibly Bitcoin can make a correction to a current support level. For this case, I set my target at this level - 44150. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
3
BIGTIME/USDT LONG Setup!BINANCE:BIGTIMEUSDT.P Observing the chart, it is evident that BIGTIME has undergone a distinct breakout on the 4-hour chart trendline, signaling a strong bullish momentum. This breakout aligns well with the overall bullish sentiment in the market, adding further support to the optimistic outlook for BIGTIME. Anticipating the continuation of this bullish trend, we can set our sights on achieving the targets set for our LONG trades. #BIGTIME/USDT LONG Entries: $8.062 Take profit 1: $0.6723 Take profit 2: $0.7347 Take profit 3: $0.8086 Stop Loss: $0.5455 Stay tuned for trade confirmation and additional updates. Feel free to express your thoughts by liking and sharing in the comments section:) Thanks The sroced.
Long
by srocedtrading
RUNE/USDT The breakout for a long trade in has been confirmed!The chart clearly indicates that RUNE has broken out of its resistance. Now is an opportune moment to initiate a long trade. #POLYX/USDT LONG SCALP 🍀 Leverage: 3x Entries: $5.940 Take profit 1: $6.291 Take profit 2: $6.850 Take profit 3: $7.205 Stop Loss: $5.353 Stay tuned for trade confirmation and additional updates. Feel free to express your thoughts by liking and sharing in the comments section:) Thanks The sroced. BINANCE:RUNEUSDT.P
Long
by srocedtrading
3
Gold (XAUUSD) Update Next Week 18-22 Dec23 The market seems poised for a period of consolidation, suggesting a sideways movement before a potential directional shift. During this phase, support is anticipated around 2010 - 2007, and a retracement could lead to a brief upside towards the resistance at 2028 - 2030. The market currently aligns with a green chart pattern, showing a possible resistance followed by a descent to 2000 - 1995 for Target 1, and further down to Target 2 at 1975 - 1960. Other side, If market successfully breach its resistance levels of 2030 - 2033, as indicated in the buying zone, an upward trajectory is likely possible. This could result in reaching the Target 2050 - 2060, with a subsequent move towards 2090. Monitoring the market closely is crucial to identifying whether it will adhere to the consolidation phase or exhibit a breakout in either direction.
OANDA:XAUUSDShort
by sheikhhamza306
Will GBPUSD bounce back from here?GBPUSD is one of the trading pair. By looking on the current structure on chart we can say it's below the major trend. And also reaching to the high demand zone. There is a good possibility it will be bouncing back from here because of Reason : 1. RSI is in oversold zone. But don't have good strength so buyers will start making positions here. 2. Zone has provided the good support zone for demand. 3. Reduction of volume of sellers. Verdict : Bulliness in near future. Plan of action : Wait for breakout of dotted trendline.
Long
by finnova_