This 1-hour BTC/USD chart shows Bitcoin bouncing from a strong Demand Zone around the $80,000 level, with bullish momentum supported by a rising Trend Line. Price previously reversed from the Reversal Zone near $87,000 and is now forming higher lows. A potential short-term target is highlighted at $85,500, suggesting continued upward movement if price maintains...
This BTC/USD 1-hour chart highlights a critical range-bound zone with potential breakout and breakdown scenarios. The price is currently consolidating within a defined range, and a move outside this zone could dictate the next direction. Breakout Targets: Target 1: $79,500 Target 2: $80,500 Watch the Reversal Zone for potential resistance. Breakdown...
This 1-hour chart of Gold Spot (XAU/USD) shows a strong uptrend supported by a rising trendline. After consolidating in two separate accumulation zones, the price has broken out and continues to respect the upward channel. Key trendline retests (marked in red circles) indicate strong support, with a projected target of $3,050. Traders should watch for potential...
The GBP/JPY 1-hour chart shows price reacting from a clearly defined supply zone around 193.000, with bearish pressure pushing it down. The chart suggests a potential move toward the target at 191.450, just above the demand zone where buyers may re-enter. The blue arrow highlights the expected short-term bearish move. Price action confirms a possible rejection...
The GBP/USD 1-hour chart shows a breakout from a symmetrical triangle pattern, followed by a retest of the lower trendline support, which has now turned resistance. Price is currently consolidating just above the 1.29200 level. A potential drop toward the 1.29100 target is anticipated, with price action suggesting a bearish move upon completion of the retest....
This 1-hour chart of Gold shows a recent breakout above a rising channel, followed by consolidation near $2984. The chart highlights a potential head-and-shoulders pattern forming, suggesting a short-term bearish move towards the target support area around $2960. A potential rebound is expected at that level, aligning with previous support and a possible...
This Bitcoin (BTC/USD) price chart on the 1-hour timeframe highlights key supply and demand zones, along with a breakout scenario. The price is currently testing the supply zone, where a potential reversal is anticipated. If a breakout occurs, the price could move downward, targeting $80,500 and $79,500 as potential levels. A trend line supports previous bullish...
This 1-hour gold price chart highlights a bullish Inverted Head & Shoulders pattern, signaling a potential breakout. Price has broken out of the range and is now testing the support area around 2,935, with a target of 2,950. The upcoming Core PPI (Producer Price Index) news could bring increased volatility, influencing gold’s next move. If support holds, we may...
This Ethereum (ETH/USD) 1-hour chart showcases a bearish market structure with a series of lower highs and lower lows after breaking below a key resistance zone. A bearish pennant pattern has formed, signaling a potential continuation of the downward trend. Breakdown Confirmation: The price broke below a key trendline, signaling bearish momentum. Supply Zone:...
This chart highlights a bullish pennant formation in the EUR/USD pair, indicating a potential breakout. The price is consolidating within the pennant, and a breakout above the 1.09000 entry level suggests a move toward the 1.09500 target. The chart also illustrates key resistance and trendline levels, reinforcing the bullish momentum. Traders can watch for...
Gold (XAU/USD) is facing strong resistance near $2,930, with multiple rejections signaling a potential bearish move. A previous uptrend broke down, leading to price fluctuations between key resistance and support zones. If resistance holds, gold could decline toward the $2,900 target or lower, testing major support at $2,880. Traders should watch for confirmation...