ArmanShabanTrading

ArmanShabanTrading

By examining the #Ethereum chart in the weekly timeframe (logarithmic), we observe that due to the likelihood of an upcoming Ethereum ETF approval, this cryptocurrency has experienced an attractive growth. From the previous analysis until now, it has achieved over a 30% increase, reaching $3,800! The next targets for Ethereum are, in order: $4,100, $4,800, $5,000,...

ArmanShabanTrading

Upon reviewing the latest #Bitcoin chart in the weekly timeframe (logarithmic), we observe that since the previous analysis, Bitcoin has successfully achieved more than a 15% increase, managing to penetrate above $70,000 once again! Considering the price movements and the momentum, I expect we will soon witness an explosive move from Bitcoin! This movement, in the...

ArmanShabanTrading

Taking a closer look at the GTAI/USDT chart with a 12-hour gaze, we’re witnessing a thrilling scenario unfold. The price is currently hovering at a pivotal $1.59 support zone. Should it successfully defend this territory, we’re not just expecting an uptick—we’re anticipating a meteoric ascent from this stronghold! In the short term, we’re eyeing a stellar surge of...

ArmanShabanTrading

By checking the gold chart in the weekly time frame, we see that today's price was able to reach a new ATH of $2450 by conquering the previous peak! As you know, there was a liquidity pool above the previous ATH , and for this reason, the price has faced a slight correction after reaching this level! Pay attention that it is very important to monitor the price...

ArmanShabanTrading Updated 

Hello Traders , Upon reviewing the gold chart in the 4-hour timeframe, we observe that the price, following our analysis, managed to rise by 170 pips to $2387. Since the range of $2386 to $2397 is an important supply zone, the price reaction to it was negative, and currently, gold is trading around $2383. If the price stabilizes below this level, we can expect a...

ArmanShabanTrading Updated 

As you can see, yesterday gold experienced a further decline and corrected to $2352. After that, it encountered demand pressure and managed to grow to $2397! As I mentioned in the previous analysis, the range of $2389 to $2399 was an important supply zone, and the price showed a negative reaction after reaching this level and corrected to $2380! Currently, the...

ArmanShabanTrading

Upon reviewing the GTAI/USDT chart in the 12-hour timeframe, we observe that the price has shown a positive reaction each time it entered the demand range of $1.68 to $1.80. Last week, as expected, this cryptocurrency initially underwent a minor correction and then we witnessed a 15% increase again! I still expect the price to show a positive reaction when it...

ArmanShabanTrading

TradingView has just introduced an innovative feature on their charts known as the Volume Footprint . This tool represents a significant advancement in chart analysis, offering a detailed view of trading activity and volume at specific price levels. Are you interested in gaining an early advantage by becoming one of the initial traders to master this new tool...

ArmanShabanTrading

By analyzing the gold chart in the 2-hour timeframe, we observe that after the price drop to $2332, there was a demand surge, allowing the price to rise to higher levels as expected. After the price entered the Bearish BB zone at $2372, we saw a price drop to $2368. Currently, the price is trading around $2370, and in a few hours, we will have the important US CPI...

ArmanShabanTrading Updated 

Upon reviewing the gold chart in the 2-hour timeframe, we observe that the price, following last night’s analysis, has rallied once again, soaring to $2319! However, it wasn’t long before it encountered selling pressure and has corrected to $2307 as of this moment! As I mentioned in the previous analysis, the significant demand zone for gold lies between $2303 and...

ArmanShabanTrading

After examining the NASDAQ chart on a 4-hour timeframe, we observe that the price, after an initial correction from the 18250 area, has re-entered this zone and shown a negative reaction! As I mentioned in the previous analysis, the range from 18250 to 18340 is a very important supply area, and I expect the price to react to it! Now, if the price stabilizes below...

ArmanShabanTrading

After examining the NASDAQ chart on a 4-hour timeframe, we noticed that the price, following our previous analysis, experienced a drop of 170 pips and managed to correct to 17,970. Subsequently, it regained demand and moved towards the second supply zone. Today, as the NASDAQ index reached 18,250, we witnessed a significant drop from this level, with a decline of...

ArmanShabanTrading

Upon reviewing the GTAI/USDT chart, we observe that the price began to rise following our last analysis and achieved the expected return we anticipated. The short-term expected return was between 20% to 50%, and the price managed to increase by more than %26, reaching up to $2.30! It’s likely that after a minor correction, we will see the price grow again. ...

ArmanShabanTrading Updated 

Hello dear Traders . In the gold chart, we can see that the price managed to hit both of the next targets, namely $2,308 and $2,303, resulting in a 200-pips yield for us! Now, the price is near a demand zone ($2,291 to $2,303), and I assume that with the price entering this range, we will witness an increase in demand that could drive the price to higher targets...

ArmanShabanTrading

Upon analyzing the #Ethereum chart on a weekly (logarithmic) timeframe, it is observed that the price had grown by 169% from October 20, 2023, to March 11, 2024, reaching $4090, before finally experiencing a drop and correcting down to the $3000 range. After a correction, it is likely that we will see Ethereum grow back to its previous high of $4850. The long-term...

ArmanShabanTrading

Upon reviewing the #Dogecoin chart on a weekly (logarithmic) timeframe, we can see that last week the price dropped to the demand level of $0.12 and then encountered buying pressure, managing to rise by more than 40% to $0.17. Currently, this cryptocurrency is trading around $0.148 and I expect further growth in the medium and long term. The upcoming price...

ArmanShabanTrading

Upon examining the #Litecoin chart on a weekly timeframe, we can see that the price is currently trading around $81.5 and there is still an opportunity for further analysis for long-term investment. The demand zones are respectively from $67 to $72 and $53 to $59, while the supply zones are $93.8, and from $112 to $134. The targets for this cryptocurrency, in...

ArmanShabanTrading

Upon reviewing the #CHZ cryptocurrency chart on a weekly (logarithmic) timeframe, we observe that the price, after a correction down to $0.10270, has once again encountered demand pressure and has managed to grow to $0.13130 up to this moment. The yield of this analysis has been over 30% so far and remains valid! The next targets, in order, are $0.16890, $0.215,...