Bullish Indicators: 1) Double bottom 2) Support at 0.91131 Bearish Indicators: 1) LL LH 2) Downward Trend 3) Descending upper trendline 4) Resistance at 0.91752 Fib level 23.30% Plan A: One can take long position on the breaking of descending upper trendline for the target of 0.92290. Plan B: On the breaking of support level 0.91131 one can take short position...
Cap needs to break the falling resistance in order to move towards the eventual target of 1.80T. Major levels of resistance are around 1.35T followed by 1.42T. Doing so would open ATH's for market cap. Initial support is seen around 1.2T followed by 1.15T.
USDCAD is currently hovering around an important support area (1.24200). A decent bounce can be seen here and if timely executed, a few pips can easily be caught. On the flip side, if this level breaks, a deeper fall towards 1.20000 can be seen.
SRMUSDT Price approaching major trendline support. If SRM finds support between 7.30-7.00 then it's likely to head towards 9.00 initially. To target further upside price would need to sustain above 9.00. Doing so would open 10.7 followed by 12.50 next. However, any breach of 7.00 would open 6.20 as the next support.
Intraday bias for AUDUSD remains bullish as it ascended from the 0.76190 level. Further upside can be seen towards 0.74800 if it continues. On the downside if 0.72240 breaks then a fall would resume to test the low at 0.7105
Following an aggressive move to the downside, GBPNZD has been moving up correctively for the last month or so. It is now approaching a critical area where we can see some powerful confluences stacked up. Keep an eye out for this level and set your alerts!
After consolidating and finding immense support above the 50% Fib level for over a month, it seems DOT is finally ready for the next move up. Initial targets of previous highs at around 45.00 and a longer-term target of 54.40 where the completion of AB = CD will occur.
ETH has made big strides, but now showing patterns that are likely to accelerate price even more. ETH has given a cup and handle breakout and is aiming for new all-time highs. Its likely to meet first line of resistance around 4030 followed by 4365. Once we surpass these levels, ETH is likely to unleash hyper move towards its eventual Cup and Handle target around 5425.
Bitcoin is back above 50K after finally escaping the mid-40,000s area and the bullish frenzy continues. After a healthy correction (Point B to C) we are expecting the price to continue it's rally up to previous highs initially ($64,700) which also happens to be the completion point of AB=CD. Stay tuned for our long-term analysis of BITCOIN that we will be...
Price approaching an attractive area of support, if ADA breaks above falling resistance around 2.28 then we are likely to test resistance around 2.32 followed by 2.376. However if ADA fails to create a bounce and instead breaks this support at 2.253 then it's likely to find the next support around 2.15.
EURAUD has touched the bottom of a descending channel and completed AB=CD at around 1.58000. Keeping in mind all the confluences that are aligned, the upside move from this price seems highly probable.
AUDJPY is in hovering around the 81.00 price point. For the uptrend to resume, the bulls need to step in and a daily close above 81.40 is required. The first target would be around 82.00 and a breach of this level will extend the next target to 82.40. On the contrary, a close below 80.46 will hand over the charge to bears where the first support would be 79.90
Bullish Indicators: 1) Bounced from the upward trendline 2) Support zone at 76.5 3) Bounce from FIb level 50.00% (76.108) Bearish Indicators: 1) Resistance from the downward trendline and zone at 78 Plan A: One can buy from here for the target 77.7 or towards the downward trendline Plan B: On the breaking of ascending trendline one can sell for the target of...
ORNUSDT ORN has established a firm support between 7.70-7.50. Once it breaks above the falling resistance around 9.80 it could become aggressively bullish with 11.90 as initially target followed by 13.10 and eventually 17.
LINKUSDT LINK showing signs of strength and likely to head North towards 30. LINK can extend gains towards 31.50 as AB=CD Pattern Target. One can look to build positions as 25.50 acting as major support now.
The pair is expected to give a little upside towards 0.74400 from where downside is expected. The confluences of Bearish Trendline, Resistance and completion of AB=CD seem to line up very well and we are expecting this to play out soon. Let us know what you think in the comments below.
Bullish Indicators: 1) HH HL 2) Upward trend 3) Taking Support from the lower trendline Bearish Indicators: 1) Resistance area at 88.698 Plan A: On the bounce from the lower trendline one can buy for the target of 88..698 and then for the 89.795. Plan B: Failure to take a support from here one can take a short position for the target of 87.157.
Bullish Indicators: 1) Trading in Support zone 2) Bounce from the lower trendline Bearish Indicators: 1) LH LL 2) Resistance area 1.7114 3) Currently trading in downward channel. Plan A: On the bounce from the lower trendline one can buy for the target of 1.7114 or the upper trendline. Plan B: Failure to take a support from here once can take a short position...
