We have a bearish channel, but now we are facing strong support, and we expect prices to return to the upside.
We have two large descending price channels in purple and the upward channel in yellow, at which time the price touched the bottom line of the channel, and we expect more bullishness for the coming weeks. Under one condition, the decline can be made, which is a break of the ascending price channel to the bottom.
The upward channel, we see it touching the bottom line of the channel, and we expect a return to the upside, according to Fibo
It seems that he is facing pressure to descend to new targets to be achieved in the coming weeks, especially after the RSI indicator broke the rising trend. We have red targets.
It seems that it is facing violent resistance that will lead it to lower levels again, according to what is shown in the figure. In the event that the uptrend is broken and the resistance, we will head to the upside, but the downside scenario is the closest for the coming weeks.
It seems that he is facing violent resistance that will lead him to lower levels again, according to what was mentioned.
The price channel is moving in a sideways direction as well as downward. We notice that the price touches the uptrend. We expect the price to continue to decline. In the event of breaking the descending price channel, it will head to the upside, as shown in the figure.
After the last oil analysis, now we are doing the new update. After it reached the bearish trend of the channel, it will return to the next levels of 54.21 and 52.55
We can see a strong upward channel and that the price touched the bottom line, now we expect the price to return to the upside, and by breaking the downtrend, it will bring us further upside to the targets of 1.75 and 1.84.
We can see a strong upward channel and that the price touched the bottom line, now we expect the price to return to the upside, and by breaking the downtrend, it will bring us further upside to the targets of 1.75 and 1.84
Bitcoin is at very important levels that are considered good resistance areas. We expect that the price will follow a downward channel, and then it will rise again.
After the last bounce from 1676, we are seeing a strong rally, and we expect a return to 1750 levels in the coming days.
The US dollar index is at war with inflation, after the US Congress approved the stimulus package, we will see profits for the dollar in the medium term, and then return to the decline. We don't forget there is a head and shoulders technical pattern in case the neck is broken at 91.5, and we will see a continuation of the drop.
After a large series of ascents, as we expected previously, a bounce from the uptrend when touching it was in a good display area, and now we see a 4-hour head and shoulders pattern in the event that the head neck is broken, we will see 1.35000 levels. We see 1.39500.
The scenario that happened in recent years, I see, is being repeated now.