$BINANCE: BCHUSDT ### Technical Analysis of Bitcoin Cash (BCH) **Date: March 1, 2023** **Current Price Action**: Bitcoin Cash (BCH) has demonstrated a strong bullish response, bouncing off projected support levels. The significant bounce indicates renewed bullish sentiment among traders, suggesting that the bulls are back in the game after...
### Technical Analysis for Gold EIGHTCAP:XAUUSD Current Price Action: As of the latest trading session, gold is trading below a significant support level—the previous week's low—indicating a bearish sentiment in the market. The price dynamics are currently influenced by geopolitical factors, particularly the implications of Trump's new tariffs and developments...
### Technical Analysis for Gold Long-Term Outlook: Gold continues to maintain a long-term uptrend, supported by fundamental factors such as inflation concerns, geopolitical tensions, and overall demand for safe-haven assets. However, short-term price action suggests potential volatility and retracement opportunities. #### Short-Term Analysis: - Recent Price...
Current Sentiment: Bearish #### 1-Hour Timeframe Analysis: Resistance Level: The price is currently facing strong resistance at the $200 mark, which has proven to be a significant barrier to upward movement. - Support Levels: Key support levels to watch are at $184 and $180. A breakdown below these points could trigger further sell-offs. Chart Pattern: A...
EIGHTCAP:XAUUSD Current Price: 2936.3 Resistance Level: 2952 Support Levels: 2913 - 2893 #### Overview Gold prices are currently facing a critical resistance level at 2952. If this level holds, the trend is likely to shift to a bearish stance, targeting the support area between 2913 and 2893. The recent confirmation of a head and shoulders pattern reinforces...
OANDA:XAGUSD Current Price: 32.45 Key Support Levels: 32.0, 31.7, 31.0 Target Resistance Levels: 32.8, 32.9 #### Overview Silver prices are currently at a critical support level. If this support holds, we may see a bullish move toward the resistance area of 32.8 to 32.9. Before that potentially upward movement, silver is expected to retrace slightly to the...
BINANCE:BTCUSDT ## Technical Analysis for Medium Timeframe on the 1-2 Scenario ### Overview Currently, we are observing critical movements within the wave structure, with validation of the 1-2 idea occurring across three lower degrees within the hierarchy. This indicates a strong potential for further price movement but also comes with crucial levels of...
BINANCE:XRPUSDT ### Ripple (XRP) Technical Analysis Current Market Overview: Despite fluctuations in price action, my analysis of Ripple’s XRP indicates a continued bullish outlook. We appear to be entering a new distribution phase that may lead to a multi-month "boring" wave pattern, specifically reflective of a wave structure maintaining its corrective...
📍 Crypto SIGNAL #📍 COIN: $MOVR/USDT (5x-15x) Direction: LONG 📈 ➖➖➖➖➖➖➖ ➡️ Entry : 7.2 - 8.15 🔰 Targets 🎯 Short Term : 🎯 Target 1 - 8.39 🎯 Target 2 -8.49 🎯 Target 3 - 8.61 🎯 Target 4 - 8.8 🎯 Mid-Term : 🎯 Target 5 - 9 🎯 Target 6 - 9.2 🎯 Target 7 - 9.5 🎯 Target 8 - 10 🎯 Long Term : 🎯 Target 9- 12 🎯 Target 10 - 18 ❌ Invalid Level :...
### Litecoin (LTC/USD) Technical Analysis Current Chart Overview: The daily chart for Litecoin (LTC) reveals a significant shift in price dynamics. Following a breakout below the moving average lines on February 3rd and a downward move to a low of $80, strong buying pressure has emerged, indicated by an extended candlestick tail touching this support level. This...
### Bitcoin (BTC) Technical Analysis Current Market Overview: Bitcoin (BTC) is currently at a critical juncture as it forms an unfolding triangular pattern. Traders and investors alike should closely monitor this price action, given its potential implications for BTC’s future direction. Key Support and Resistance Levels: 1. Critical Support Levels: -...
### Gold Technical Analysis Current Price Action Overview: Gold has recently exhibited a strong bullish impulsive move, particularly originating from the green support zone encompassing the levels of 2770 to 2790. This upward momentum reflects substantial buying interest, likely driven by institutional participation, as evidenced by the robust momentum following...
The Elliott Wave analysis for the gold market on the 4-hour timeframe presents a clear and actionable scenario. By analyzing the current wave structure, we have identified a 1-2, 1-2 setup, which is a strong indicator of an impulsive move. Following this setup, Wave 3 has been completed, marking a significant phase in the trend progression. Now, the market is...
### Technical Analysis of the Gold Market Current Market Overview: - The gold market appears to be in a bullish phase, indicating a potential upward trend. It’s essential to monitor key support and resistance levels as price movements can be influenced by market sentiment, geopolitical events, and economic data. Support Levels: 1. Primary Support: -...
Market Overview: Ethereum (ETH) is currently exhibiting bullish momentum, primarily attributed to the breakout from key technical patterns such as a symmetrical triangle and a falling wedge. Both patterns are traditionally considered bullish continuation or reversal formations, increasing the likelihood of upward price action in the near term. Triangle...
### Technical Analysis for Gold (XAUUSD) - 1-Hour Chart #### Current Market Context As discussed in our weekly analysis, gold (XAUUSD) is currently experiencing a pullback within an overall bullish trend. The price is testing key pullback zones, and it is essential to wait for these levels to identify optimal buying opportunities. #### Key Pullback Zones 1....
📍 Crypto SIGNAL #📍 COIN: $WAXP/USDT (3-5x) Direction: LONG 📈 ➖➖➖➖➖➖➖ ➡️ Entry : 0.04210-0.03755 🔰 Targets 🎯 Short Term : 🎯 Target 1 - 0.04260 🎯 Target 2 - 0.04310 🎯 Target 3 - 0.04350 🎯 Target 4 - 0.04410 🎯 Mid-Term : 🎯 Target 5 - 0.04500 🎯 Target 6 - 0.04700 🎯 Target 7 - 0.05000 🎯 Target 8 - 0.05500 🎯 Long Term : 🎯 Target 9-...
**Entry 2752/2765:** Please check the chart for the TP levels.