Hello friends, did you have a good day? I'm going to show you a shocking and amazing chart today It's a log-chart. There's a way to read the ideas of the forces by applying a little bit of technology in the Fibonacci extension. It's the SECRET of 0.1 and 0.236 0.1 and 0.236 are places where there is a fight between selling and buying, and have...
Western Digital has pushed steadily higher since late 2023, and now some traders may expect the uptrend to continue. The first pattern on today’s chart is the zone around $66. WDC peaked there on March 6 and 21. It then rallied above the price and came back to hold it on April 19 and 25. Has old resistance become new support? Second, the data-storage company got...
Gold is currently experiencing a downward trend on a daily basis. Last week, the price dropped below an important horizontal support level and remained below it. This has created a supply zone with a broken structure and a descending trend line. Today, there was a significant bounce back from the lower boundary of this zone, indicating strong resistance. It...
Expecting upside movement from this area with possible targets marked.
I decided to chart BTCUSD because I believe we're in an exciting time. We're starting to see our first sign of early growth following post halving. BTC is currently testing a key zone around level $59,750. (Yellow Weekly Line) I see two possible scenarios occurring so I'm in a stalemate on direction. If BTC breaks the current tested level to the upside, I think...
Hello everyone, welcome to all subscribers. Please share your personal opinions in the comments. Booster and subscription requests are appreciated. The yen price is rising due to intervention by the Japanese Foreign Exchange Authority, and the price of the dollar has temporarily stopped rising due to the dovish stance of the Federal Reserve. However, uncertainty...
I see two possible scenarios playing out: The Bullish Scenario The dominance goes lower and respects the current downtrend. This could either bounce off roughly 6% (this area has seen some interesting patterns in the chart) or just continue collapsing down. This would be bullish depending on if we don't have much trouble clearing the 5.8-6% range. The Bearish...
Bonk broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 0.0000294 is expected to happen.
Hello, guys This is ESS team. Let's check the BCHUSDT chart. If it is supported by the PINK uptrend line and go up, It'll break through the RED long-term downtrend line and reach the green uptrend line. If it breaks through the GREEN uptrend line, It'll even reach the PURPLE uptrend line. If it fails to be supported by the pink uptrend line and drops down,...
COIN is looking really good here on the daily chart. Reclaimed the 50 EMA after that bounce, and MACD is about to flip bullish. Targets $260 to $280.
FX:GBPUSD may continue its medium-term decline based on the fundamental background. Traders are waiting for Powell's comments on interest rates. The market is on hold and is set for a negative scenario. Globally, the currency pair is in a stupor and is in a sideways movement without any clear prospects, trading in a global range between 1.28 - 1.22. On H4 a...
OANDA:EURJPY is in overall bullish trend, forming a strong ascending trendline. Recently, after a strong bullish move, It has been retracing towards discounted fibonacci levels. It might continue its bullish momentum from these levels after trendline retest where we can look for long opportunities.
Hello, guys. This is ESS team. Let's see the NEOUSDT chart. If candle is supported by the bottom PURPLE uptrend line, it is expected to break through the RED long-term downtrend line. After the break through, It will reach the top green uptrend line. After that, If it breaks through the top green uptrend line and is supported by green, It will reach the top...
We previously observed a clear breakout of a vertical trend line on a short-term chart. Following this, the price displayed several bullish signals on a 4-hour timeframe. Initially, there was a double bottom formation with a break above the neckline. Subsequently, the price also broke through a resistance level within a horizontal range. Overall, market...
When Americans feel depressed or unhappy about life, they tend to spend more money on fun things--something to consider during a presidential election year. For now, NYSE:DIS is looking fine for its earnings report next week. It was over-speculated, so adjusting back down closer to fundamental support is normal. The gap up in February was on way better than...
Hey, guys. This is ESS team. We take this chart for you with a pro tip! If it is supported by the ORANGE uptrend line, It is expected to break through the RED downtrend line. After the break, It is going to reach the GREEN uptrend line. Tip! 1. If Green uptrend line is broken through, It will go UP to the purple uptrend line. 2. Cash HOLDERS, After breaking...
Looking for a breakout to the upside, ideally a higher low and a higher high than the previous range.
Nothing ;-) Take a Entry on Short Side. when 1st Support Break and Retest MEXC:PEPEUSDT.P