GOLD: Wait for breakout from descending parallel channel. Weekly support is at 1560 area
Bullish divergence on hourly time frame. Please keep this in mind this analysis is on small time frame. Support area is 1750 which can be used as a stop loss. On the move above resistance areas are 1780 and 1800 respectively can be used as take profits.
ETHUSDT is trading on a major trend line support. Bearish Divergence on ETHUSDT on daily time frame. Major Support is near 1270 area. Above move from here will take its price to 2400.
Crude Oil is trading on a crucial support near 93 region. If this support is broken next supports are 84 and 76 respectively. There might not be a sudden break its price might distribute here for some time.
By observing clear patterns of significant increases compared to the corrections its clear that dollar rate may get stabilize in the near future but it would be difficult for dollar rupee pair to go below 200 anytime soon. PS: its monthly chart which indicates long term behavior.
breakout on the bchusdt will take it to 315-317 levels.
Wait for the retest of the break out. Always use stop loss
XAUUSD is trading and taken a bounce from an important support trend line. If it sustain it it would take Gold to new all times high.
LUNA at critical point. All levels mentioned. Always use stop loss.
Look for the breakout. Important levels mentioned. Always use stop loss on critical levels.
FTMUSDT has taken quite a correction after making the double top. It needs to hold nearby support for a big bounce up to all times high.
It appears to be a bullish flag formation with resistance at 0.000035 level after breaking this level next target of shibusdt should be 0.000049. On smaller time frame local support is at 0.000027
USDJPY is exactly on the middle of the parallel channel its moving. Abreakout is due in the next hour on either side will decide its direction
ACHUSDT has moved exceptionally in last few days more than 30% now the price is at a critical level. Price action on current level will decide what's next for ACHUSDT
linkusdt price will be decided on what side it is going to break. break on up side will take its price 20 and then to 28 so wait for breakout for now
gala has given the breakout few days back and after taking correction which is acting like a retesting we can expect it to move to 0.55 level after breaking the 0.4 level first
DOT is at critical area need to break trend line and close above it for the confirmation of break out
USOIL has previously given the respect to upper trend line 3 times prior to this and failed to break it every time. if oil moves up in the upcoming days area near 95-99 will be very important to decide if its going bearish or bullish in the month of February.