As we can see, the trend is losing steam & we are due for a substantial correction.
Market is at a crucial point, It had broken out of the channel on 20th Sep & it's now testing it. NFP Report will be crucial.
Continuation pattern. Expecting Solana to continue the uptrend.
Litecoin is testing support & is likely to appreciate along with broader crypto market. I'm entering long position on this one.
CRYPTOCAP:SOL likely to begin the next leg up. As we can see, It formed a falling wedge pattern which is bullish.
Expect AMEX:NEAR to continue the uptrend after consolidation. A Simple Support/Resistance strategy with 1:10 Risk Reward. Price is now at a crucial support. A break below could see us going to Aug low.
Expect Solana, along with broader Crypto Market, to continue the uptrend after the ongoing correction. The market recovered from the collapse & made a reversal, the market entered a correction phase shortly after. Alot of coins have formed bullish continuation patterns. For example: Solana is forming a falling wedge pattern.
Everything suggests it's likely to happen. Cardano is a leading & innovative Blockchain technology & it's about to get decentralised. Chang HardFork.
A good opportunity to net 150 pips on this pair, in my view usd will continue to streghten against its major counterparts due to higher inflation rate forecasted.
DXY is forming a pattern that we last saw in june, that was followed by a drop. we might see another move downwards before market goes into extended consolidation period.
AUDUSD might just be beginning a lengthy consolidation period.
EURJPY may visit 129.000 after breaking above strong resistance.
Gold forms a bullish structure on 4H chart, pssibility of gold rallying to 1900s.
Price has broken out of key support area, expect a strong move downwards