For Ethereum, we're observing a chart pattern that has developed a weak divergence, and we believe it is now correcting wo the end of Wave 4 of Wave (3). We plan to place multiple entries; our first entry was at the upper range of the Wave 4 target area around $3200. However, the price has continued to decline. We are now looking to DCA and make a second entry at...
NEAR is forming this huge bull flag. For the long term, this seems like a solid choice. Its strong tokenomics and competent team make it a promising asset. The chart indicates the potential for significant growth in the next few weeks. It may drop to $4.3 support, which is a very strong support, but there is one more support at $5. So consider adding more if it...
🌟🎉 Celebrating Milestones: We've Hit Our First Target Resistance Level at $2332! 🎉🌟 Dear Followers, I am thrilled to share some fantastic news with all of you! Our journey in the gold market has reached an exciting milestone as we've successfully achieved our first target resistance level at $2332 🚀💰 What a joyous moment to celebrate together! This achievement...
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price a not long time ago started to move up inside an upward channel, where it at once rebounded from the support level, which coincided with the buyer zone and made a downward movement. Euro a little more time traded between the 1.0650 level and later finally...
Last week, in the EUR/CHF pairing, we observed a notable pattern characterized by an impulse move followed by a correction. During this movement, the previous week's low served as a significant liquidity pool. This week, our focus shifts towards the buying side liquidity, especially considering the extended "M" formation imbalance. It's as if this pattern is...
Hello dear traders what do you think about this pair please comment..!? 📉 Behold the tumultuous dance of the GBP/USD currency pair as it boldly shatters the chains of its trend line and crucial support zone! 🎯 With precision akin to a seasoned archer, it now sets its sights on a predetermined destination. 🏹 As the correction journey unfolds, a tantalizing...
54K seems to be the most likely support level on the 4-hour chart for Bitcoin/USD. After that 52K . A drop to 48K seems unlikely . But possible. A reminder that this is the 4-Hour Chart. If you zoom out, you will notice that Bitcoin is not yet in a bear market. Technical Analysis tools used: Volume, Ichimoku Clouds, Fibonnaci Retracement, Volume Delta,...
Nasdaq Market Analysis Report Overview The Nasdaq Composite Index has displayed a bearish breakout from a prominent top pattern on the daily chart. This pattern followed a strong bullish trend, indicating a potential shift into a trading range rather than a fully-fledged bear trend. I'll analyze where the market could find a bottom, explore potential trading...
Hello traders, we want to check the EURGBP chart. The price has reached a well-defined support level that it has reacted to several times in the past. We expect the price to grow to around 0.85600. Good luck.
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price a not long time ago rebounded from the current resistance level, which coincided with the resistance area and tried to rise, but failed and fell back, after which at once repeated movement up and reached the 65400 resistance level. Then price made a little...
Hello traders, we want to check the USDCHF chart. The price has reached the specified resistance level after an upward movement. We expect this level to stop the upward trend of the price and the price will fall to around 0.91000. Good luck.
Okay, This one was requested by our newest follower @anurag3235 We are keeping the chart simple and self explanatory as always. Although, One important thing to know is that the public shareholding in Indigo is mere 2%. Confused on if you should invest? We have a post that will help you make up your mind. Direct link is below: What should we analyze next?...
The Japanese yen (JPY) jumped to a two-week high against its U.S. counterpart on Wednesday amid speculation that Japan's financial authorities stepped in again, for the second time in a week, to support the domestic currency. This came amid a sell-off in the US dollar (USD) following the FOMC meeting and took the USD/JPY pair to 153.000. The yen, however, trimmed...
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#Bitcoin is forming a symmetrical triangle pattern. Resistance is coming from the Ichimoku cloud and the 100-day moving average. The MACD crossover suggests a shift to bullish momentum. It's recommended to wait for a clear breakout or breakdown of the triangle to confirm the next direction. Stay tuned I will keep updating #Crypto #DYOR #NFA CRYPTOCAP:BTC ...
The BTC/USDT (Bitcoin) pair on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout. Key Points: Buy Entry: Consider entering a long position (buying) above the broken resistance level of the channel, ideally around 5900 after confirmation of the breakout. This offers an entry point close to the perceived shift in...
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . ! Great BUY opportunity USDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad...
The gold market is getting some new bullish momentum. Gold prices are expected to continue to rise even if the US Federal Reserve (FED) delays the comfort cycle. Despite recent selling pressure, Goldman Sachs still forecasts that gold prices will increase sharply. This unit finds that gold can maintain growth even if the Fed delays the comfort cycle. Nicholas...