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.
"Ethereum Analysis: Bullish Continuation within an Ascending Channel" In the 1-hour timeframe, Ethereum is trading within a clearly defined ascending channel, suggesting a continuation of the bullish trend. The current price is supported by the Ichimoku Cloud and Fibonacci retracement levels, providing potential zones for pullbacks and breakout targets. Key...
"EUR/USD Technical Analysis: Head & Shoulders Reversal Pattern in Focus" In the 4-hour timeframe, EUR/USD has formed a clear Head & Shoulders reversal pattern, indicating a potential bullish breakout. The neckline is positioned at 1.0578, which acts as a key resistance level. A confirmed breakout above this level may lead to further upside movement. Key...
Global gold has support at $2,607 and now, provided it holds, it can rise to the previous ceiling resistance at $2,789.
In the 4-hour timeframe, the USD/JPY currency pair has recently broken below its ascending trendline, indicating a shift toward a bearish sentiment. The price is currently approaching the key support zone between 151.91 and 152.46, which aligns with the 0.786 and 0.886 Fibonacci retracement levels. This area is expected to act as a significant resistance if the...
In the 4-hour timeframe, the price of gold, after a corrective downward movement, is attempting to return to an upward trend. The Ichimoku indicator shows that the price has crossed the red cloud and is approaching the support zone at 2612. This support level holds significant importance due to its alignment with the bottom of the cloud and the psychological...
In the 4-hour timeframe, the Dow Jones Index is moving within an ascending channel, reflecting the strength of buyers. This channel has formed since mid-October and has successfully maintained its key support and resistance levels so far. The Ichimoku indicator also highlights the strength of the bullish trend, as the price remains above the green Ichimoku cloud,...
Considering the resistance in the range of 1.2570, if this area breaks, we can expect that the range of 1.2685 will continue to rise. Otherwise, the support range of 1.2471 will be broken Expect to continue falling to the range of 1.2343