What we have here is a chart of oil prices accumulating over a period of time since the December 12, 2022 drop. After the sideways process, the oil price had a strong fall on March 10, 2023 and bounced up. right there. Along with the information of production cuts, the oil increase creates a strong strengthening gap, now there is a cumulative edge gap. With the...
Strength Index is getting red, Price Barrier turns to red resist. SL at 28k9.
Currently, BTCUSD fluctuates between 26k7 and 29k. The formation of resistance at 29k from 3 failed breakouts. The sideways move in this zone may soon come to fruition when the price breaks through the resistance or corrects through the support zone. With the bullish divergence Strength Index already reflected in the upside, there are now signs of a bend. Price...
Strength Index is getting weak, Price Barrier is yellow (weak support). SL at 28k9.
Strength Index is getting Red and tend going down. Price Barrier support turns weak yellow. STL at 27k8
Timeframe 1h Strength Index go red, Price Barrier is now resisting the price. Need to be confirm on chart 4h. Never skip the stoploss.
XAUUSD (GOLD) 4h chart has confirm 2 bottom pattern and tend to go up. As technically, this up trend has been alert by Strength Index and now supported by Price Barrier. So far we are looking for zone 19xx .
The price of bitcoin has skyrocketed in recent times, surprising the market. And of course this makes crypto investors more optimistic. We see the high volume columns in the 20k price area showing that the big boys are very much involved. However, after such a dizzying increase, the above transaction volume increased again. Accompanying that is the price showing...
What we get here is BITCOIN drops to 20k1xx zone after recent negative news (about FUD, related bank, ...). Look back to 02/03/2023 we already had clear Short signal. Strength Index went down and Price Barrier turn red as a resitance. Then price went from 23k490 to 20k1xx. Right now, with this chart, we can hedge our position or go short these days instead of...
BTC appeared many resistance areas, is it ready for a short period ? This article will analyze the BTCPERP 4h chart, besides just the indicator Price Barrier. According to the 4h frame we can see BTC made a nice rally from the 16k5 area up to the 23k5 area. During this process of creating a trend line we can see the green/yellow cloud below the price is the...