Hi Traders/investors, Imagin of pattern in a deeper view(here below) - Prices are overbought - Chart analysis, prices rejected (resistance line) - Bearish engulfing candelstick *target entry + fibonacci 23,60 I hope you will enjoy my hard work on this analysis. Which I gladly share with you, hoping it might help you. Rgds Kevin C. Best
Traders & Investors, I hope you will enjoy from my analysis. This is not a financial advise, but feel free to get inspired. Please see below image, with my potential Entry and stop based on fibonacci levels. - I expect prices to again create price action as the previous low-low (marked in a orange circle) and create a perfect copy. - Therefore prices will need...
Hello Traders, My name is Kevin. This is my personal forecast on how EUR/USD might continue its direction. From A technical Point of View: If prices can show enough strength to retest and then finally not break though the resistance becoming support. An entry order might be considered valid. I expect price to continue growing till half May 2021. Where prices...
Bullish Prices Actions weren't strong enough to continue challenging the major resistance uptrend. I expect prices to continue their downward continuation in general: 1 - If prices are not able to bounce back from the line (note) at 1.842T, prices might continue to loose ground until price (note) 1.752T 2- If prices can bounce back from that 1.842T price note...
This is from a pure technical point of view. Where different indicators, show that prices might continue to grow. here below, images of the chart in different views. Kevin C. Best
Foreword: Disclaimer: this is not a financial advise, however use any tool you might consider util for your analysis. Check out my last 2 predictions for BNB here below - This is a very technical chart, based on my assumptions, prices will continue to grow but prices might find a challening time trying to progress towards and over the fibonacci 78.60 %...
Foreword: Disclaimer: This is not a financial advise, however feel free to be inspired by the chart and make your own assumptions of it. From a fundamental point of view: I am bullish (very) on the stock, this because Elon Musk is known for his work ethic, and we all know work ethic is the most important element a human being can have based on professional...
Foreword and introduction - Disclaimer: this is not a financial advise, however use any utility you might find in my chart idea, to resolve optimise your trading/investing strategies. Used material: RSI STOCH STOCH MAs 100 & 200 From a technical point of view: Different Chart analysis patterns might be consider on a longer and shorter time...
* Introduction and foreword - See my previous chart (below) on XAU/USD (my job and goal was to keep everyone warned that emotions could play a big role here, and that we must not forget that all directions are a possible outcome) Which I received gratitude message for, thank you and appreciated. - A resume on Fundamental and technical point here...
From a fundamental point of view: Prices have become overbought for a while, this mainly due to Covid-19 and impact it had not only on the dollar, but on the United States dollar of America. Prices might continue to be overbought and continue a stabilisation in the uptrend, if the economical and health plan for the US to recover, would dramatically again...
Hi, Update on a longer time frame. Based on my previous analysis. From a fundamental point of view, knowing that gold's value is based on human assumptions, prices can really be volatile. Gold has been less significant for industrial and technological purposes. Prices continue to climb based again on the value given by humanity. The question is not to ask if...
I expect Ethereum to continue going down before a major pullback at +-1735 which is for me the major support zone. From a fundamental aspect I see Ethereum go to the moon ;) Like, follow, and comment Kevin C.best
The last high broke the trend of the previous and clearly showed a potential reversal risk, this based that prices went from a more vertical to a total horizontal trend, which then corrected and confirmed a strong resistance level. Bulls where not able to continue and make a positive retest. A positive bounce back from the pivot zone could have indicate that...
Hi colleagues, BNB, might continue uptrend. However a positive breakout must be done. If the breakout or retest is negative we might see a double top, which can indicate a potential reversal in a negative way for BNB. However prices are in a neutral STOCH environment. As we can consider BNB to be in an actual bull trend it is normal we don't see prices near the...
Traders, My Feeling is mitigated, both ways can be expected. I would not underestimate the dollar and the comeback from US10Y. From a fundamental point of view we have seen that gold reacts enormously to it. from a technical point of view, I would not be surprised to see gold going up until prices are overbought. If prices can continue to climb without any...
Dears, We are above the MAs 50 -100 & 200 + my setup indicator provides me guidance that prices are not either oversold - bought. So, why has my intuition given me the sense that the market shows a possible uptrend momentum - from a fundamental based evidence, the actual momentum & direct relation the with US dollar and US10Y. From a technical point of view -...
While Q2 gave traders an optimistic sentiment that Gold would recover, from what happened in Q1. Traders have today again been possibly trapped in a false uptrend range movement. News has been a key player here. Following my analysis, based on the following points: 1- MAs, prices crossed the averages. Which might indicate news support and resistance zones. I...
Celer Network: Based on my indicators and several price action strategies I use, celer is ready to restart its bullish uptrend ''massive'' run. Let's not forget that Celer is situated on the polkadot Ecosystem. Kevin