On the Bitcoin/USD (BTC/USD) chart, the price is moving in an ascending channel drawn by the Andrews Fork. The move is currently under the influence of the key support at $98,897. Possible scenarios: If the price is able to maintain its position above this support level of $98,897, there is a possibility of a further rise to the level of $105,854 (next...
Gold, this precious metal, is experiencing challenging days in the market Currently, its price is caught in a battleground between buyers and sellers. The price chart shows that $2,644 is acting as a strong bastion for sellers and the price has repeatedly failed to hit this level. Current market situation Gold is struggling below this key resistance and buyers...
#gbpusd Is the downward trend of the pound dollar over? The trend is upward. The resistance in the range of 1.2720 has been broken and now it has become a strong support. The resistance range of pound dollar is 1.2850 and the price can experience growth up to this point.
#eurusd Will the euro-dollar trend rise? The Euro-Dollar is currently fluctuating in an inverse head and shoulders pattern. If it crosses the resistance range of 1.06, it can move towards the targets of 1.07 and 1.08. The important support range of this currency pair is the range of 1.05.
Overview of the Chart The chart illustrates the 4-hour timeframe of Bitcoin (BTC/USDT) using the Ichimoku Cloud and Alligator Indicator, highlighting key support and resistance levels. Key Levels and Observations Support at $98,339: The $98,339 level serves as a strong support zone, coinciding with the lower boundary of the Ichimoku Cloud. This level is crucial...
Overview of the Chart The chart above represents the 4-hour timeframe for Gold (XAU/USD), utilizing the Ichimoku Cloud and Alligator Indicator. Below is a detailed technical analysis based on the identified levels and trends. Trend Analysis and Key Levels Resistance at $2,653: The $2,653 level acts as a significant resistance, validated by Fibonacci retracement...
Chart Structure: Upward Trend Channel: The S&P 500 Index is currently trading within an upward trend channel, indicating a strong bullish trend. Price is trading above the Ichimoku cloud, further supporting the potential for continued upward movement. Fibonacci Extension Levels: The key Fibonacci extension levels are plotted to help identify potential targets...
Chart Structure: Head and Shoulders Pattern: A reverse Head and Shoulders pattern is visible on the 1-hour chart, indicating a potential reversal to an upward trend. The Neckline is located at 1.0578, and its breakout could confirm the start of an upward move. Fibonacci Levels: The 0.5 Fibonacci level at 1.0578 acts as a key support. The 0.786 Fibonacci level at...
The 4-hour chart for CAKE/USDT shows a consolidating price action within a descending channel, following a strong uptrend. The Alligator indicator lines (blue, red, and green) are showing tight convergence, indicating reduced volatility and a potential breakout. Key Levels to Watch Support: The price is approaching the $2.81 level, aligned with the 0.618...
In the 4-hour Bitcoin/USDT chart, the price remains within an ascending channel but is currently moving towards critical support levels. The $95,629 resistance level, located near the 0.382 Fibonacci retracement, plays a pivotal role in determining the trend. Breaking above this level could provide a strong bullish signal, while failing to hold above it may...
According to the support range in the range of 3636 After breaking this area, expect a drop to the 3531 range Otherwise, the resistance of the 3738 range will be broken It can be expected that the range of 3843 and 3954 will continue to rise
Considering the resistance in the range of 99502, after the failure of this area, it can be expected that the range of 103721 will continue to rise. Otherwise, the support range of 64721 will be broken Expect a drop to the range of 91811 and 89000
The increase in geopolitical tensions in the Middle East region can lead to a decrease in risk tolerance By examining the trend in the one-hour time frame, the Nasdaq-100 index has hit the resistance of the upper range of the Bollinger Band indicator, and now, due to the geopolitical risk in the region, there is a possibility of risk aversion and the fall of...
Examining the trend in the one-hour time frame, Bitcoin has broken the bottom support of the ascending channel in the range of 97192-97773, and now there is a possibility of a price decrease due to the decrease in the moving averages of the ALLIGATOR indicator. Overall, the scenario is reinforced that Bitcoin can decline to the support of $93,653, provided it...
By examining the trend in the four-hour time frame, gold has an important support of $2,612, and now, considering the high rate of moving averages of the ALLIGATOR indicator, there is a possibility of a price increase. Overall, the scenario is reinforced that gold can climb up to the $2,718 resistance provided it holds above the $2,612 support.
#btcusdt Will Bitcoin break the $100,000 range? The long-term trend is upward. The support range is $94,000 If this support is lost, it can drop up to 90 thousand dollars. Currently, it fluctuates between 100,000 units and 94,000 units. If it stabilizes above the resistance of 100,000 units, it can start a new upward trend.
#ethusdt Will Ethereum reach $4000 next week? The trend of this cryptocurrency is upward. Support range 3570 As long as it keeps above this support, it can move towards the $4000 range. The support range in case of loss of support is 3350.
#xauusd Will gold reach the $2700 channel? The gold trend is currently bullish. The resistance range is 2660 dollars. If the price stabilizes above 2660, it can reach 2690 and 2715. The support ranges of 2640 and 2600 dollars are expected in case of correction of gold.