On the daily chart of gold against the US dollar (XAU/USD), we observe the formation of a well-defined bullish channel, characterized by higher lows and higher highs. This structure indicates a potential upward movement, supported by several technical factors.
Bullish Trend: Gold has consistently formed higher lows and higher highs, indicating a sustained bullish...
The technical analysis of LINKUSDT shows a clear pattern suggesting a possible rebound on the horizon. Over the past three hours, the asset has been trading within an ascending channel, marking higher highs and higher lows. Currently, the price is at the lower end of this channel, coinciding with a crucial support level.
It's notable that this support level has...
In the recent technical analysis of Bitcoin (BTC), a triangle formation has been observed, where the price has compressed. This chart pattern suggests consolidation before a potential significant movement. If BTC breaks out of the triangle upwards, it is likely to continue its uptrend.
