CRYPTOCAP:ETH is at important level making HnS formation and looks more bearish. As a trader my job is to react the PA not forecast. Money management comes first before anything.
Finally BTC came back to channel high again. interesting to watch here.
BTC on weekly chart playing in channel. Need more tight consolidation at top edge to reach 100K
In the world of precious metals, silver is currently experiencing a significant uptick in prices, signalling a bullish trend. Technical analysis reveals strong momentum indicators like the RSI, along with bullish chart patterns and increasing trading volumes. This surge is fuelled by factors such as inflation concerns, geopolitical tensions, and rising...
#US30 loosing momentum or bouncing off again ? I feel it will give some opportunity to Bears after nice run since Nov'23. RSI is breaking down previous swing low with Price also trading below 20EMA.
BTC is currently trading at $42,400 within a consolidation range of $40,400 to $44,200. The major resistance is anticipated between $48,000 and $50,800. If the support at $40,400 holds, there is potential for a bullish move towards $48,000 in the coming days. The current price aligns with the 50-day Exponential Moving Average (EMA), offering a favorable...
Analysis: Current Level: FX:NAS100 is currently at the same swing high level as of July 23. Tight Range Since Nov 20, 2023: The index has been experiencing an unusually tight trading range since November 20, 2023. RSI Cooling Down: The Relative Strength Index (RSI) is showing signs of cooling down, suggesting a potential decline in buying momentum. ...
Key points: Bitcoin is consolidating at a crucial level. Recent news events and technical indicators are not causing a significant price correction. This could indicate that Bitcoin is poised for a major upward move. Overall, the outlook for Bitcoin is positive. The recent consolidation and lack of price correction suggest that Bitcoin is building...
The NAS100 ticker, representing the NASDAQ-100 index, is presently trading at a significant high, situated at the upper edge of its trading channel. This positioning suggests a potential resistance point or a reversal in its upward movement. Breaching this upper edge could signify a breakout to new highs or a possible retracement back within the established trading range.
The NAS100 index has reached the lower boundary of its current trading channel. The situation presents two potential scenarios: 1. **Mean Reversal:** NAS100 may bounce back from this point, attempting a mean reversion. This implies that it could aim to recover and trend upward. 2. **Bearish Market Cycle:** Alternatively, there is a possibility that NAS100 might...
USOIL is bottom edge of channel. Main trend is still not bullish.
The #XAUUSD ( TVC:GOLD ) chart is currently retracing back to its recent breakout point. After a strong upward movement, it's dipping to test the previous breakout level. This retracement marks a crucial moment—will it hold as support or lead to further decline? Traders are watching closely for insights into whether the initial breakout was a lasting move or just...
If the BLACKBULL:US30 ticker is experiencing RSI divergence while the overall trend and geopolitical situation suggest a bearish sentiment in the market, it's crucial to watch for potential shifts in the trend.
I feel that index all over the world has already factor in geopolitical tension and energy crisis etc.... I feel AUD200 will give good 200-300 point move from here. it also undercut last support level and I feel that it might snap back above the range. I am taking this trade for longer run. I will close or cut the total exposure if price breaks last swing low.
Soyabean is making volatility compression chart pattern It may break with good R:R
Once again BTC is struggling to get out of 50EMA let see how future PA unfolding
OANDA:UK100GBP it looks scary on 1H chart , all green, no pause let wait and watch
it looks like strong buying is going on since last 1 week in this bloodbath time. interesting thing to watch ahead