The shakeout spurred by panic over bad data in the US market a few weeks ago is redeemed. False breakout leads to a rise to 62K, which defines the local range, forming a strong resistance and the beginning of a local correction. Within the correction, the price is testing 0.5 Fibo and the bulls are actively holding the price above this area, indicating that they...
Crude oil closed with a doji this week, and is expected to fluctuate or fall next week. Resistance is near 77.8, support is near 73, and you can go long at a high price. The daily line fell at the opening near 77 yesterday, and the lowest point reached 74.5, which is almost the position of 618. The daily line finally closed with a long lower shadow. The daily line...
This week was a relatively volatile week, but it was an upward volatile move, especially Friday was the day when gold bulls broke out, gold strongly broke through 2487, and rose to around 2510, and finally closed with a big positive on the weekly line, which was obviously bullish, but note that gold fell sharply after rising. Although gold is at a historical high,...
Hello traders, Gold stabilized and rose at 2424 this week, and closed with a big positive weekly line. There will be a high point next week. According to the rising trend of this week's closing close to the highest price, the upper side is likely to go to 2430, to be exact, around 2537. If this position is not broken, start to go short. If it stabilizes at 2537...
⏳"BITCOIN analysis / 4-hour timeframe" 👉"BITCOIN has undergone a prolonged bear-trend. 🔰This bearish trend can be encapsulated within a bearish channel on the 4-hour timeframe. A bullish breakout of this channel is the condition for continued growth. 🔰If a decline occurs, it will be temporary and will find support at one of the following levels: 58595.50,...
Fundamentally interesting project in the medium and long term can still show good growth, but for this developers need to try. The prospects of Notcoin will depend on the innovations developed by the project, its marketing strategy and the state of the overall cryptocurrency market. Technically, a false breakdown of the wedge resistance is forming amid bitcoin's...
Notcoin(NOT) is moving in the Heavy Resistance zone($0.0158_$0.0153) and seems to have broken the Support lines. I expect Notcoin(NOT) to drop to at least $0.01093 and touch the Potential Reversal Zone(PRZ) next. If Notcoin breaks the resistance line, scanrio will change. over $0.01283
Geopolitical tensions in the Middle East contribute to the rise of gold By examining the red trend of the four-hour time frame, gold can increase to the resistance of $2452 in the first stage, provided it maintains the support of $2416 and the escalation of geopolitical tensions in the Middle East region, and then by crossing the target of the upper range of the...
By examining the trend in the one-hour time frame, Bitcoin has a support range in the 38.2-50% fibo range between the numbers 59617-58651, and now if it is maintained, the rate can increase up to the resistance of the upper range of the Bollinger Band indicator in the range of 72820 have a price
Oil prices surged to a one-week high on Friday, driven by positive inflation data from China and growing global supply concerns amid recent escalations in geopolitical tensions. Generally, the Direction: is a bearish trend Uptrend Side: As we mentioned in our previous idea, the price rose and reached our target. Currently, the price is trading above the support...
In Bitcoin we find a very pronounced, hidden bearish divergence. The on-balance volume is trading at a higher level than at a BTC price of almost USD 69,000. These hidden bearish divergences tend to result in significant price losses. Experience also shows that the more pronounced the divergence, the greater the price losses. Against this backdrop, we expect the...
GBPUSD Technical Analyse The price is expected to trade in a bearish zone due to its stabilization below the pivot line at 1.26970, with an initial target of 1.26200. Bearish Scenario: As long as the price remains below 1.26970, it is likely to drop to 1.26200, and further declines could gradually lead to 1.2541. Bullish Scenario: For an uptrend to be...
Hello, Friends! GBP-JPY downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 197.213 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the GBP/JPY pair.
Generally, the direction is a downward trend. Uptrend: The price is currently trading above the crucial level of 145.588. Maintaining above this level increases the likelihood of rising to 146.436, and potentially to 149.938. Downtrend: If the price breaks below 144.197, it could drop to 140.740 and possibly further to 124.605.
Considering the important resistance in the area of 1.09503, if this area breaks, we can expect the price to rise to the range of 1.09801 and in case of strength, 1.10043 Otherwise, the euro against the dollar can decrease to the support area of 1.09048, and if this area is broken, it will continue to decline to 1.08702.
Current Outlook: The price is expected to consolidate between 38,790 and 38,580 until a breakout occurs. Bullish Scenario: For a bullish trend to emerge, the price needs to stabilize above 38,790 and close a 4-hour candle above this level. Bearish Scenario: If the price drops to touch 38,580, it should break this level to continue the bearish trend towards...
NOT is one of the meme coin projects with good potential for 3x-6x gains in the upcoming altseason. Currently, the price has rebounded from the support level at $0.00847, and it is likely to test the resistance trendline at $0.0148. A breakout above the resistance trendline will most likely trigger a move toward the all-time high range. - Accumulating this token...
Hey Traders, in today's trading session we are monitoring Gold is trading an uptrend and currently is in a correction phase in which it is approaching the trend at 2397 zone, Gold was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 2398 support and resistance...