Support and Fibonacci Confluence: The price is consolidating near the 0.382 Fib level (0.10471), which often acts as a significant retracement support in a bullish continuation setup. This zone can provide a strong launchpad for further upside. Upside Potential: First target (TP1): The Fib 1.0 level (0.17383) aligns with a key resistance zone from the past. This...
Why This Trade Looks Good: Fibonacci Levels: Price bounced off the 38.2% retracement level ($0.7845), which is often where reversals happen. Next key level is the 50% retracement at $0.8972. Targets: Clear areas to aim for: TP1: $1.3746 (1.0 Fib extension). TP2: $1.9647 (1.618 Fib extension). Stop Loss: 0.4197
Trade Setup: Entry Price: Immediate entry at $0.1969 (current market price). Stop-Loss: Place at $0.1833 Take-Profit Target: $0.2385, based on the 1.618 Fibonacci extension. Why Immediate Entry Works: Bullish Continuation: The price is consolidating near the 0.5 Fibonacci retracement, which is often a strong level for a continuation move. Support Confirmation:...
Trade Setup: Entry Price: Immediate entry at $0.5339. Stop-Loss: Place at $0.4595 Take-Profit Target: $0.8084, based on the 1.618 Fibonacci extension. Why Immediate Entry Works: Trend Continuation: The price remains above the 0.618 retracement, suggesting buyers are still in control. Fibonacci Confluence: Strong support from multiple Fib levels gives the trade...
Price has broken the 1.1060 resistance and should continue lower as it keeps forming lower highs and lower lows. TARGET is :1.0990
The price of GBP/NZD recently bounced from a low point around 2.1050, which shows that buyers are coming in. The next place where the price might slow down or face some resistance is around 2.1263 to 2.1300. Right now, the price is moving upward slowly, and it looks like it could keep rising. Targets between 2.1264 and 2.1305
Looking at the NZD/USD on this 30-minute chart, the price recently hit a ceiling near 0.63600 and started heading down. It’s been bouncing around in a range, but it looks like it could keep dropping. The blue line shows a possible path, with the price maybe heading down toward the 0.6240 support zone. The target is between 0.6240 -0.6222
AVAXUSDT is in a strong uptrend. When looking back at price action, we can see price broke the 23.50 level and turned it into a support. I am expecting this level to hold and we should see further continuation... BULLISH TRADE SL : 23.27 TP:25.40
APEUSDT has created a strong support at 0.7155 and price has bounced from it. We have also created higher lows which signals the continuation of the uptrend. BULLISH TRADE SL: 0.7100 TP: 0.7808