The potential levels for point (C) are marked within a zone on the chart these zones adjusted based on Fibonacci levels derived from the height of wave (A) to (B) If BTC broke the A level we will see the C level soon
Gold has reached close to the support level at 2350. It can either bounce from here or go down to 2440 to take liquidity and then bounce back to fill the FVG around 2387$
The chart shows a recent breakdown from the "Broken Support" trend line, indicating a bearish signal. We will wait for retest to confirm down side movement to next target as in the chart Waiting retest better to avoid false breakout
I can see gold hold the MA 100 not broke it also the RSI and MFI in the low as you see when RSI and MFI reach below together we have strong bullish this work on 4h time frame, gold respect that always also it's al last support in the up trend and have support line in the middle so if it broke we can reach to 2300 easily if not broke we can except gold reach 2430...
The EUR/USD has broken above a descending trend line and is trading above the 144 EMA, indicating a bullish outlook. Increased volume on recent up moves supports the bullish sentiment. Recent candlesticks show bullish momentum as they are green and closing near their highs. A potential resistance level to watch is around 1.09400, where traders might consider...
USDCAD has reached a resistance level with high RSI and MFI, indicating potential for a reversal. Entry Zone: 1.37284 - 1.3755 Analysis: Resistance Level: The pair has hit a significant resistance, suggesting selling pressure. RSI and MFI: Both indicators are high, often a precursor to a downward movement. Price Action: Recent price action shows a consolidation...
Trend Analysis: Long-term Resistance: The red trend line marks a long-term resistance, indicating a significant level where the price has previously reversed. This level has been tested multiple times, reinforcing its strength. Short-term Uptrend Channel : The black lines form an ascending channel, indicating a short-term uptrend where the price is making...
The gold price has hit the resistance of the ascending channel and the resistance on the daily timeframe, accompanied by an RSI divergence.
After 1 week for respecting the channel boundaries, with the upper boundary acting as resistance and the lower boundary acting as support, The price has recently broken below the lower boundary of the ascending channel, suggesting a potential trend reversal Target as in the chart
Gold (XAU/USD) has shown a bullish rejection from the 144-period Exponential Moving Average (EMA) and a key support line. This setup, combined with the current RSI levels, suggests potential for a rapid upward move towards the $2410 level.
BTC has rejected the previous strong support line two times This confirms a more dump coming very very soon ..
Low Volume on Bounce: The recent upward movement in SHIB's price is accompanied by low trading volume, indicating weak buying interest. This suggests that the current price increase may not be sustainable. The RSI is currently at 74.27, which is close to the overbought territory (above 70). This suggests that SHIB may be overbought and could be due for a...
BTC is currently trading around $57,939.8 The low volume on recent bounces suggests that the current upward movement may not be sustainable. The price is likely to face significant resistance around the $60,000 zone. High Volume on the Bounce (Early May): A significant bounce with high volume indicates strong buying interest, suggesting a possible short-term...
Current Price: Bitcoin is trading at around $64,226.8. Key Levels: Resistance: Around $64,400 (50% Fibonacci level) and $66,240 (38.2% Fibonacci level). Support: Around $62,560 (61.8% Fibonacci level) and $59,950 (78.6% Fibonacci level). Pattern: The chart shows a descending wedge pattern. This pattern is generally a bullish sign, indicating a potential price...
The immediate resistance level is around 1.8458, near the 200-period SMA Price should retest the broken line 1.84 is good area to take profit in the golden zone area We will short it later to 1.75 based on TA
The chart indicates a clear break of structure (BOS) around the $1.85 level. This BOS is significant as it suggests a potential shift from an uptrend to a downtrend Price reach Supply zone and went dow, price excepted to reach around 1.75$
BTC should touch one of these levels in 2-3 days The overall trend seems to be downward, especially in the recent price action. The price has been making lower highs and lower lows, indicating a bearish trend.
Short Trade Setup: TP 1: Set the first take profit at 0.11605. TP 2: Set the second take profit at 0.11302. Stop Loss (SL): Place a stop loss above the recent high or the upper boundary of the wedge, around 0.12735.