JoeSignals

JoeSignals

We are currently looking at a 15-minute chart for XAUUSD. The price action shows a downtrend forming, as indicated by the descending trendline. Sellers are attempting to push prices lower after failing to break the resistance near 2,680. The price is hovering around the 2,664 area with a support zone near 2,655. If the price fails to hold at this support level, we...

JoeSignals

This XAU/USD chart shows that gold is currently retesting a key support zone around 2,622 USD after a recent rally. There was a sharp upward movement, but the price is now pulling back to the support area. This could be a crucial point to watch for a potential bounce or a breakdown. If the price holds above this support, a bullish continuation towards 2,639 USD is...

JoeSignals

This chart shows the XAU/USD pair (Gold vs US Dollar). After a drop in price, gold is testing a support zone around 2,617 USD. The market shows signs of bullish reversal as price enters this zone, suggesting a potential move back up. Traders may keep an eye on the resistance levels around 2,630 USD for a possible breakout or rejection.

JoeSignals

We are observing a potential rising wedge pattern on the 15-minute timeframe for GBP/JPY. The price action is narrowing as it moves higher, with multiple rejections at the upper resistance line. This is often seen as a bearish reversal signal. A break below the wedge's lower support line could trigger a downward move. The short entry is around 189.2, targeting...

JoeSignals

This chart displays a descending triangle pattern, which is often a bearish continuation signal. The price is currently consolidating between two downward-sloping trendlines. I'm anticipating a downward breakout as the price nears the upper resistance line. My stop-loss is set just above the resistance, while the green zone represents my take-profit target in case...

JoeSignals

After a significant downtrend, The market is in a consolidation phase between 56,000 USDT (support) and 60,000 USDT (resistance). The price shows signs of indecision around 58,750 USDT, awaiting a breakout. A break above 60,000 USDT could trigger a bullish move toward 62,000 USDT, while a break below 56,000 USDT might lead to further downside towards 52,000 USDT.

JoeSignals

For long-term holders, BUY setup after the price reaches the all-time low at the historical support, so from there we should expect a bounce from this level.

JoeSignals

The price is in an uptrend and has now reached a support level, which means there’s potential for buying. However, previously the price bounced off the resistance after moving upward for a while, showing five bounce points. Now, we are waiting to see if the price will continue upward or break below the support level, which could signal a change in trend. So, it's...

JoeSignals

We're currently observing a double ascending triangle pattern, signaling potential bullish momentum for Gold from the latest formation. At this stage, we're closely monitoring the setup, and once we receive a clear confirmation, we'll share the signal.

JoeSignals

Gold has reached a critical breakout zone. After a successful retest of the breakout level, the momentum is expected to push prices higher with minimal chance of a pullback. This setup presents a strong buy opportunity for those looking to capitalize on the next bullish wave. Stay focused, as the next resistance zone could be far above current levels.

JoeSignals

Gold has achieved a new milestone by breaking through the all-time resistance level, signaling a potential continuation of its bullish momentum. The price action suggests that this breakout could lead to further gains, making it an essential level for traders and investors to watch.

JoeSignals

On the daily chart, XAUUSD (Gold) is approaching its all-time high resistance level around $2,476. This level has proven to be a significant barrier, as indicated by the multiple rejections from this zone in the past. However, the price has consistently made higher lows, forming an ascending triangle pattern, which is generally considered a bullish continuation...

JoeSignals

On the 4-hour chart, Bitcoin (BTC/USDT) has shown signs of a potential recovery. The price broke above the resistance level of $61,000 after forming an ascending triangle pattern, which is typically a bullish continuation pattern. This breakout indicates renewed buying interest, potentially signaling the end of the recent downtrend. The ascending triangle...

JoeSignals

Crypto Market Cap at Crossroads: Bullish or Bearish Next Move? The Total Market Cap (TOTAL) on the 3-month chart provides a macro perspective of the entire cryptocurrency market. After experiencing a significant bullish run, the market is now facing a critical juncture. Key Observations: ● Current Market Cap: Approximately $1.926 Trillion ● Major Resistance...

JoeSignals

ETHUSDT on the daily chart has broken below the ascending support line, indicating a potential shift to a bearish trend. This breakdown suggests further downside potential unless a significant recovery occurs.

JoeSignals

Current Situation: ● Resistance Level: Bitcoin recently tested the $70k resistance level but failed to break through. ● Support Level: The price is now heading towards the $53k support level, which has historically acted as a strong support zone. Market Sentiment: ● The sharp decline in Bitcoin's price this week is largely driven by increased fear and...

JoeSignals

ETHUSDT in Symmetrical Triangle: Key Breakout Levels ETHUSDT on the daily chart is forming a symmetrical triangle pattern, characterized by converging trend lines. This pattern indicates potential price consolidation before a breakout. Given the current price action, ETHUSDT is nearing the lower boundary of the triangle, presenting a critical juncture for...

JoeSignals

Do you remember this trading setup? Bitcoin has bounced off a very strong resistance level for the fifth time and is now retesting it. This pattern, marked by the points labeled 1, 2, 3, and 4, shows Bitcoin's repeated attempts to break through, each time facing rejection but setting higher lows. Currently, Bitcoin is consolidating just below the resistance,...