Bitcoin shows strong bullish potential. Our analysis points to a significant price target of $61,800 by 30 September 2024. This forecast is based on current market trends and technical indicators. Key resistance levels to watch: $73,757 and potential further upside to $96,811 in 2025. Traders should remain vigilant for potential reversals at these critical...
By studying the chart of the Aramco stock, the following can be observed: A green timeline was previously drawn on May 12, and there was an expectation of a reversal at that time. However, the secondary was put forward, which formed pressure and a qualitative test on the stock, which led to the postponement of the reversal to the accumulation area until...
Based on the attached chart, a head and shoulders pattern is clearly visible on the daily timeframe of the Saudi market index. If the index manages to break through the important resistance level of 12041 by 8/7, it is expected to continue rising. However, there is a risk of breaking the support level, which could lead to a reversal of the uptrend. It is...
Support and resistance levels are critical elements in guiding market trends, and in the TASI index, they play a vital role. The level of 10955 is considered primary and significant daily support, and closing below it represents a sensitive trading zone. On the other hand, 10522 is a major support level that requires careful monitoring, as it could potentially...
With the latest update in Aramco's stock movement, it's important to focus on the key level of 34.3. The timing of its breakthrough is crucial, as it can potentially serve as a catalyst for breaking through the 36 regions. This formation suggests a strong incentive for an upward breakout. The potential target for this upward movement is in the range of 40 Saudi...
The relationship between time and price level can be observed through the analysis of price charts and technical indicators. Technical analysis involves the use of charts and indicators to identify patterns and trends in price movements. One important aspect of technical analysis is the identification of support and resistance levels, which can help traders make...
A new beginning in the company's march Starting with number 18 and the time forecast is on the weekly timeframe
Tasi It's still an uptrend I expect the success of the bottom test and the completion of the path