In daily and 4h time frame, Luna built -RD in MACD and RSI. Also, there is a huge amount of volume exactly on its ATH resistance. Finally, the chart created a double top and its neck line was broken in 4h. All of these signs show me that the correction of Luna started. There are two scenarios: First, Luna touches again the resistance of 93.7-95$. Second, the chart...
The support 80-82 is key support for SOL. The chart has tested this support several times and in each test, this has been born. Eventually, it built a descending triangle pattern. Also, the volume of the buyers gradually has decreased from January. Both these reasons show that the power of sellers is gradually dominating the buyers. Therefore, this support is...
After XAUUSD broke its triangle pattern and its correction finished, it encountered mentality resistance means 2000. Now, the chart breaks this resistance. XAUUSD's next resistance is its ATH.
BTC built lower high and lower low, and it gradually creeps to lower prices. It means that the power of the sellers is more than the buyers. On another side, since the buyers are not else optimistic about the growth of the market and their patience to hold BTC is decreasing, the buyer will start to close their positions. Personally, I expect that BTC decreases to...
XRP built a head and shoulders pattern. After the price broke the neckline of the head and shoulder pattern, the chart again tested this neckline. Now, there are two resistances against the chart: First resistance: 0.78-0.80 Second resistance: 0.83-0.86 in these resistances, there is a large volume, and many people were trapped in these areas. So, when the chart...
Apple strongly broke its wedge pattern and followed by it nicely pullback to its resistance. Yesterday, This fundamental stock attacked to break its ATH. Do you think It will see new ATH this week or not?
XAGUSD built a double bottom in a strong support area (A and B Point) followed by the buyers did not allow the chart experiences lower prices and the chart built C point. So, the C point shows that the buyers' power is more than the sellers'. Also, XAU and XAG have a high correlation rate near 90%. Given the XAU analysis I did, the XAU correction is ending....
The chart created the nearly strong bearish candle in the monthly time frame which shows that the downtrend still will continue. In addition, MACD and RSI show a -RD which means that there is not any strong buyer to draw price to higher prices. there is the same condition for the weekly timeframe. Thereby, I expect that the chart see13.000$ at the first step.
When the chart touch one of supports for entering you need two confirmation evidence: 1- high volume 2- fail breakout
Note: it is my personal strategy then do not to trade only according to the analysis, you need to find your strategy and trade given to that
Please before reading this strategy, read my last opinion about XAUUSD to know more about XAUUSD. XAUUSD chart puts in a Triangle pattern. I expect that during this week or ultimately during next week, the chart breaks one of the triangle's sides. Thereby, If the chart breaks the support area near 1750$, I will open sell position for the first target near 1680$....
The chart of Brent crude oil in the daily timeframe is creating higher top and bottom continuously. While somebodies maybe say that it means divergence and the chart will show correction, the trend is our best friend and the chart is on the uptrend, so I expect the chart continues its way to a higher level. In addition to higher top and bottom, bottom (B) couldn't...
MATIC placed on the support. While it formed a head and shoulder pattern which causes the chart will see lower prices in short term, the chart created higher and higher bottoms in 1D timeframe which means the chart is collecting its power to break its ATH. Then, if the chart breaks its support with a strong candle, I will open a short position for its lower target...
VET/BTC has placed on the two strong supports(one dynamic and another static support). Also, the chart created higher and higher bottoms(A, B, C bottoms) which shows that the buyers' power gradually is increasing and dominating the sellers' power. In addition to these reasons, the chart is forming a flag pattern which is more obvious in 1D. Then, I expect that the...
First of all, the chart creates higher and higher bottoms. For the first time, the chart tested strong static support in A point, but its power to break support was not enough. In B point, the chart again tested the support, but the power of buyers dominated to sellers which caused the bottom of B point was created higher than A point. In C point, this strategy...
The buyer continuously pushes to ATH of BNB to break it out. Now, BNB is getting ready to touch its ATH again. In your opinion, can BNB break its ATH this time?
According to the chart, the weekly purpose of this stock is 70$.
According to the chart, Tesla will break its ATH so soon.