LTCUSDT broke its resistance and climb up. It is trying to stabilize it above 50% fib level. if stays there or correct a little around 250, bulls can find some attraction and push it towards 335 level. Or it can test again the channel bottom around 235 and come up. Good Luck!
CADJPY trading in a parallel channel. And we can see the movement will continue towards 90.20. on the flip side breaking above this level can target 91.00
CAKE is honoring the trendline support for quite a long time and now retesting again. There is also horizontal support there. So we can expect an upward move if there is some hint for bulls. Upside we can expect a target of 21 in short term. Good luck.
ALICE recent downward surge reached the support area and bounce back by showing some bullish candle formation. So it can easily go to the $16.00 level. Buy at or above 15.20 for the target of 15.7 and 16.10. Bias is long is. If sustain could see an upward movement towards recent highs. Good luck!
EURAUD can continue its run towards the next resistance areas as it progresses smoothly on the upside. So one can eye a recent target to 1.57000 level. Good Luck!
GBPUSD current scenario looking to support bulls, yes bulls. Because if we could see the price action after forming a double bottom the price climb up and now the question is, are bulls interested to get 1.3700 level now? It is quite possible in terms of Price action. So Good Luck!
AUDNZD is failed to stay above the support area which will be converting into its resistance. So we expect a good downward move towards the next support area around 1.029. Good luck
Consolidation around this critical zone looks almost over in EURNZD. So, if there is some bulls activity start we can have a longish rally ahead. Buckle up yourself. Good Luck!
Keeping an eye on this one. Set your alerts and be patient for the price action to play out. Good Luck!
Showing signs of bottoming out. Moreover this formation could be accumulation and SLP might be getting ready for big upsides. Volume Profile constantly increasing is a good sign. A move towards 0.14 followed by 0.175 could be seen in coming days.
Approaching major support zone of 1.12 where a partial reaction is likely to be seen. If 1.12 is taken out then 1.06-1.04 is likely to act as a firm bottom and a swift reaction towards 1.28 is likely to be seen.
Bullish Indicators: 1) Support zone 0.73800 Bearish Indicators: 1) LH LL 2) Downward trend on 1H 3) Resistance zone 0.74110 Plan A: Currently trading in downward trend one can take short position from here for the target of 0.73187. Plan B: If the upper descending trendline broke with good bullish candle one can take long position for the target of 0.74644.
Approaching Breakout on 4-H Time Frame. Successful Breakout will pave path towards 0.92240. 0.90850 is now likely to act as an immense support zone.
Overall bullish but EOS could re-test 4.30. Expecting a good reaction from this range towards 5 initially. However stronghold above 5 should open next move towards 5.50 followed by 6.20.
BTC could take a deep retracement towards 55-53k. This will be an opportunity for Dip lovers as next leg will take it above 80k.
EURJPY is constantly moving in a parallel channel and reached at a support zone. If we try to find a bullish sentiment there are some indications like support from Fib 50%, a flag pattern, and channel support. So it can easily move towards upside towards 132.00. Breaking that channel could turn into bullish. Good luck!
Bullish Indicators: 1) HH HL 2) Upward trend 3) Support zone at 1.24318 or lower ascending trendline. Bearish Indicators: 1) Resistance zone at 1.25201 Fib level 38.20% Plan A: One can buy from the support zone of 1.24318 for the target of 1.25201. Plan B: On the breaking of lower ascending trendline one can take short position for the target of 1.23091
Bullish Indicators: 1) Support zone at 1.04080 Fib level 61.80% Bearish Indicators: 1) LH LL 2) Downward trend 3) Resistance zone at 1.04471 or upward descending trendline. Plan A: One can take a short position on the rejection from the upward descending trendline for the target of 1.04080 and 1.03522 Plan B: On the breaking of upward descending trendline with...
