merlyvasaya82

merlyvasaya82

Trend Analysis: The chart shows a downtrend with lower highs and lower lows, as indicated by the descending trendline. Price is currently trading below this trendline, suggesting continued bearish pressure. Support and Resistance Levels: Key support zones are marked around 2,650, 2,642, and 2,604. These levels could act as potential areas where buyers may step in...

merlyvasaya82

Here's an analysis of the BTC/USD (Bitcoin vs. U.S. Dollar) chart based on price action strategy: 1. Trend Analysis: The chart shows a strong bullish trend over the medium term, indicated by the series of higher highs (HH) and higher lows (HL). Recently, however, there have been some signs of consolidation as the price has struggled to break past the resistance...

merlyvasaya82

Here's an analysis of the XAU/USD (Gold vs. U.S. Dollar) chart based on price action strategy: 1. Trend Analysis: The overall trend appears to be bullish, as seen from the series of higher highs and higher lows in the price structure. Recently, there has been a pullback, as indicated by the bearish candles on the right side of the chart. 2. Liquidity...