In my opinion, BTCUSD it will gain some momentum towards $20,000. On the 15 minute chart we can see a possible H&S formation. Entry price: 18.720 Stop loss: 18.600 Take profit1: 19.400 Take profit2: 19.600
Analyzing the one-day chart, the NAS100 appears to have formed a downward channel. The maximum point reached in this channel was on December 28, 2021. On March 29, 2022 we reached the maximum correction of 0.618 on the Fibonacci, after which the chart continued its decline which seems to be unfinished. We have a first resistance at the price of 13018...
A nice rejection at the support level! A next threshold to cross is the trend line that has formed in the bear race. On this trend line we can consider an H&S type formation. After seeing a closed candle above the line, we can consider a long entrance. Good luck to all!
Starting with April 8th, we formed a very strong support area between 1938-1941. At the moment, we are in a bearish trend in this area. Large investors say "a downward trend is more likely to continue than change direction". The fight between the bulls and the bears begins. I think the bulls will do their job again.
EGLD recently broke a downtrend line and managed to break above the support line. On the 1D chart, the EGLD seems to have a bullish scenario and it is not excluded to see the value of 224 on the chart. On the one-hour chart we have the formation of a triangle about to pierce it and indicate a more precise direction in the near future. These days I'm...
On the 1H chart, XRP seems to have formed a double top, close to the support area, a formation that indicates a bullish scenario. we are close to seeing a "W" type formation ... we are waiting for confirmation. The indicators do not seem to say anything, which shows a certain indecision of the market. On the 4 hour chart it looks like we are in an upward...
In my opinion,the bullish trend will continue. On 1D chart, RSI is close to overcoming MA. It looks like we're in an Elliott wave triangle.
XRP has long been in a position of uncertainty. In this bullmarket, XRP did not touch ATH based on issues with the SEC. In my opinion, XRP is like a vulcano ready to erupt. To ruin the plans of the market, XRP seems to have had a fake breakout with a return and a retest of the trend line.If we frame the chart in the Elliott waves, we can expect a bullish surprise.
In my opinion, the price of gold going to 1979 area. I used it as an indicator: RSI, MACD and Williams %R