ENJUSDT has experienced a clear breakout of its previous structure, indicating a potential shift in market sentiment. However, the price is now testing a significant resistance level, which suggests that there may be selling pressure at this price point. If the price is unable to break through this resistance, it could create a new bearish impulse and move...
EURCAD on the 4h chart is a bearish trend. The price after the last leg has tested the 1.45500 and moved in a slow retracement to the 0.618 Fibonacci level at the 1.46500. The prices trading in a counter channel and according to Plancton's strategy IF the market will test the resistance and provide us a sign of inversion we will consider a nice short position.
TOMOUSDT has bounced off the daily demand zone at the $0.33 level, indicating that there is significant buying pressure at this level. This could be a bullish signal that the price may be about to rise. Currently, the price of TOMOUSDT is testing the 4-hour resistance level. If the price is able to break through this resistance level, it could be a sign that the...
DOW on the 4h chart after the liquidity grab in the resistance at the 34200 started a lower low lower high move. The price is now testing a 4h support. According to Plancton0s strategy If the market will break below er can consider a short position according to the MTB Strategy.
DAX30 on the 4h chart create a new recent high with the break of the 16000 psychological level. The price after a distribution phase below the key level create a strong impulse to the upside with a top at 16300. Currently the market is back at the lower support around 15800 and according to Plancton's strategy if the price will break below we can consider a short order.
GOLD on the daily chart has been rejected by the weekly resistance around the previous high. The price is trading over an ascending trendline and a support area. According to Plancton's strategy IF the price will break the confluence area we can see a test of the lower support from where we will be looking for an inversion.
Currently, the market is experiencing an interesting phase as it tests the 4-hour demand zone. This zone comes into play after a noticeable breakout from the dynamic daily support, indicating a potentially significant shift in market sentiment. Traders and analysts are closely monitoring SOLUSDT as it approaches a key level at the $ 19.7 area. This level holds...
USOIL after the test of the weekly support at the 68 area created a move to the upside. The price retraced to the 0.618 Fibonacci area and is now testing the 72 resistance. According to Plancton's strategy IF the market will break above we can consider a nice long order.
NEARUSDT. The support level acts as a barrier preventing the price from declining further. On the 4-hour timeframe, the price of NEARUSDT is forming a descending channel. A descending channel is a technical chart pattern characterized by a series of lower highs and lower lows, forming parallel trendlines. This pattern suggests a bearish bias in the market, with...
USDCAD on the 4h chart after the test of the ascending trendline at the 1.33500 started a move to to upisde. The price retraced exactly at the 0.786 Fibonacci level over a daily support. Currently the market is testing an upper structure and according to Plancton's strategy IF the pair will break above we can set a nice long order.
GBPJPY on the 5ì4h chart after our previous analysis moved exactly as expected. The price broke the descending trendline and is now testing the previous high. According to Plancton's strategy IF the market will break above we will see a nice bullish continuation and anew high.
ETHUSDT, On the 4-hour timeframe, the dynamic support level was breached, indicating a potential shift in market sentiment. Additionally, the market has found new liquidity below the daily support level situated at $1760. Based on Plancton's rules, this break of the dynamic support and the subsequent grab of liquidity below the daily support level could signal a...
USDCHF on the 4h chart is trading over the 0.88500 zone. That level is also a weekly support and after a double bottom, the market took the liquidity below the area. Currently, the price is moving below a descending trendline between the support and a a daily resistance. According to Plancton's strategy IF the price will break above we can set a nice long order
EURAUD on the 4h chart after the recent high tested the 1.67500 and started a lower low lower high move. The market reached the 1.62000 support zone and retest the 0.382 Fibonacci area. According to Pkancton's strategy IF the price will break below we can set a nice short order.
BTCUSDT is currently in a crucial phase as it tests the neckline of a head and shoulders pattern. The head and shoulders is a technical chart pattern that typically signals a potential trend reversal. The head and shoulders pattern is characterized by three peaks, with the middle peak (the head) being the highest and the two outer peaks (the shoulders) being...
SP500 on the 4h chart is trading below a 4h resistance. After the daily support test, the price started an impulse to the upside. The recent news makes the market retrace to the 50% of the impulse. According to the Plancton's strategy IF the price will break above the daily structure we can set a nice long order
ICXUSDT is currently exhibiting a descending channel pattern. A descending channel is characterized by a series of lower highs and lower lows, indicating a bearish trend. According to Plancton's rules, a potential trading strategy could involve waiting for a breakout from the descending channel before considering a new long position. A breakout occurs when the...
GBPJPY on the 4h chart has tested the 172 level at a previous historical high. The price is now retracing to the weekly support at the 50% Fibonacci level. Being the trend totally bullish we will wait for the new inversion to look for a nice long order according to the Plancton's strategy rules.