AUDJPY price has a significant drop after hitting the resistance zone. It also broke the trendline support and trading below so sell-on strength will be a strategy for upcoming sessions. Bears can drag the price down towards 82.00 followed by the 81.50 area. Good Luck!
EURGBP loves to play in a channel for quite some time. Yesterday after hitting the lower trendline price drops further and jumped up aggressively. So we are expecting the bulls will try to take control and push the price upward towards the 0.8450 level. Good Luck!
NASDAQ's price has dropped six-time in four trading days and reached out at a critical support area. Bulls have to react to this if they want the charge back, Otherwise, bears will contain their momentum and drag the price down towards 16000 level. Good Luck!
SRMUSDT price has just reached the apex of the triangle and this is a critical zone for bulls and bears. Now we are expecting bulls can take charge from here onward as they have better momentum with year-long trendline support. So a breakout from this area can trigger a bullish momentum towards 5.50 followed by 6.0. Good Luck!
THETAUSDT price successfully climbs up the strong resistance barrier and tries to do some consolidation above the support zone. Price also broke that trendline in a shorter timeframe. Now bulls show some resilience they can easily pull the price towards 6.0 which lies at the resistance zone. Good Luck!
MASKUSDT price again reached at trendline resistance but this time we are expecting the bulls will jump over that resistance because the price already made a double bottom at the support zone. any positive momentum in the market accelerates its bullish move. Good Luck!
FTMUSDT price moved parabolic and break the strong resistance area. Now as the price is retesting so we are still hopeful that bulls still have the potential to move the price towards the 3.50 level again. But if the price could not sustain this then 1.60 level again. Good Luck!
Most simply, candlestick charts are used by traders to represent the price evolution of an asset. While candlesticks may be harder to understand initially, they offer far more information than a simple line chart. How to read a candle? There are two colors: red and green. When a candle is red, its closing price was lower than the opening price: the price of the...
ATOMUSDT Hello fellows, Today we will discuss COSMOS in our Weekly Analysis. Let start from the previous week, As the price printed 44.8 its ATH on 20 Sep 2021 strat retracing and reached 20.0. As we can see it took support from its ascending trendline and closed above 0.61% fib level support level. But once the previous week strat bulls react aggressively and...
EURCAD price continuously dropped after printing a high at 1.46500, Now the price has just reached and bounced from a strong support zone area. We can see the bulls react well at fib level 0.618% and try to gain some momentum. If they contain their move they can easily target 1.4500 in the near term. Good Luck!
HNTUSDT price has just pulled out from a triangle after consolidating at a critical support zone. Now bulls are showing great interest and if they keep their momentum they can target the previous high in the near term. So buy on dip will be a good strategy. Good Luck!
FLOWUSDT price drops towards strong support zone, now we are expecting that bulls will show some interest at this level and trying to pull up the price towards 10-12 again. So buy on dip will be a good strategy. Good Luck!
RUNEUSDT bulls are looking dominant as they succeeded to pull the price from the support zone. And now we are expecting that the retracement is over now and the price will move towards previous high. Good Luck!
ALICEUSDT after printing a high at 28 dropped significantly and now testing the support zone around 12.0-13.0. There was a breakout last week at a shorter timeframe now price is moving in upward directing after retesting the breakout. We can expect a move towards 15.00. Good Luck!
SANDUSDT price has a good aggressive jump as it touched the support area with a strong bullish engulfing candle. As we can it also retest the breakout which was given last week. So we are expecting that price can move towards 200 short term and 230 in the near term. Good Luck!
DOTUSDT price shows some positive intent after bouncing a double bottom formation at the support zone. We are expecting the bulls will gear up and will try to move the price towards the 39.00 level. Good Luck!
Hi Friends, We are glad to share this material on "CUP & HANDLE PATTERN". William O'Neil's Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. There are two parts to the pattern: the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom. As the cup is completed, a...
USOIL price has dropped from a strong resistance zone after completing the harmonic pattern parameters. So we are expecting bears will dominate and they can pull down the price towards 70.0 support area. Good Luck!
