FX:EURUSD is forging consolidation within the ascending channel after the breakout of the local trend. This setup may be aimed at further growth towards range resistance. On D1 we see consolidation forming above the key support at 1.07958. A rather strange paranormal volume was drawn on Thursday, which is difficult to interpret in the current environment. The...
BINANCE:KLAYUSDT is forming a local bullish trend, but globally the coin is lagging behind the cryptocurrency market and is still under bearish trend resistance. A clearly formed bottom, a local bullish trend and pre-breakout consolidation against bearish trend resistance can play the role of important preconditions for a possible trend change and the...
BINANCE:AGLDUSDT is forming quite an interesting set-up that can realize a growth potential of 30-60% in the short-medium term. On the high timeframe we see the formation of resistance at 1.404 and a sufficient number of retests of this area. In general, altcoins are strengthening quite strongly following the flagship, but AGLD is lagging behind, and the...
Hello Traders, welcome to today's analysis of Nvidia. -------- Explanation of my video analysis: Starting in 2018 Nvidia stock has been trading in an obvious rising channel formation. We had the last retest in August of 2018 which was then followed by a +650% rally towards the upside. Considering that Nvidia is now approaching the upper resistance of the...
FX:XAUUSD strengthens to 2141.8, but, having failed to reach a few points to ATH, forms a correction on the background of increasing sell-offs, which leaves this gestalt open for the market. Today-tomorrow there will be quite strong news, all the attention is on Fed head Powell. Interest rates, inflation and other things are likely to be discussed. Based on...
Hello Traders, welcome to today's analysis of Nasdaq. -------- Explanation of my video analysis: For more than 10 years the Nasdaq has been trading in an obvious rising channel formation and retested the lower support the last time in 2023. This retest was followed by an expected 65% pump. Considering that Nasdaq is now retesting resistance as mentioned in the...
LDOUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?
USOIL is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?
NASDAQ 100 finished in February 2024 with a record high of $18386.25 however the growth will continue after a structured retracement to the target support at $18121 between the 4hr EMA 20 and 50 and my target resistance is $18474. Support: 18121 Resistance: 18474
FX:XAUUSD is testing the maximum. After a long consolidation, a distribution phase is formed, which leads to a false breakdown of the intermediate resistance level. What should we wait for next, decline or growth? The distribution phase is clearly demonstrated on the background of volume growth. The price is testing the intermediate level of 2084.5 and forms a...
BINANCE:CHZUSDT has been in the stage of forming an uptrend for the last half a year, but lags behind the general movement of altcoins. But, the coin is testing trend resistance, the break of which may give a surge of volatility. On the weekly timeframe, the market has obviously formed a bottom at 0.05, after which a reversal set-up with a positive long-term...
Gold is forming a rally after breaking through a strong resistance zone. On the background of sellers' liquidation and opening of orders by the buyers, which accelerate the price to 2060, we see the momentum. The approximate area where the impulse may end is LH (2060 - 2065). We should wait for a retest and a false breakdown. Reasons for further growth before...
FX:USDCHF has been in consolidation phase for a long time on the background of a bullish trend, which is formed in the wake of strengthening of the dollar index. There are preconditions that the growth may continue. Today traders are expecting the US GDP, which will be released at 13:30 GMT. In general, expectations are negative, analysts expect GDP to...
BINANCE:BTCUSD updates the high to 53K and goes into consolidation. A flat 52500 - 50500 is formed after a strong rally, which is a strong enough signal of a confident market. Interest in the asset continues to grow and on the back of distribution, the price updates the December 2021 high after exiting the consolidation in early February. Both technically and...
Technical analysis In the previous analysis on GTAI 7 days ago, I recommended buying GTAI at around 2.2 USDT per coin. The current price is 4.0 USDT, which is a great profit. Can this coin go to 8.0 USDT in 1 week or 2 weeks? I think this is definitely very possible. This is my new, fresh analysis of GTAI. As you can see on the chart, the price broke out above...
BINANCE:ETHUSD is forming a gorgeous rally after breaking through the consolidation resistance of 2838. There was an idea where I pointed out the importance of this area. The coin is up almost +19% Idea: ETHUSD → What's the significance of 2300? When's the growth? Technically, the price is currently forming a trend retest and is at its highs. High interest in...
Gold has been strengthening all last week and today, Monday, it reaches a strong resistance where the correction phase may find its end. Globally, earlier, we saw a change of trend and at the moment the market is starting to look for a change of sentiment towards selling. Consolidation below 2035-2031 will form a bearish potential Reasons for further...
Technical analysis Bitcoin has pumped significantly in the past few weeks, but nothing lasts forever, and markets always move in waves. I am expecting a 14% crash to 44k in the next few weeks. Why? We can see that the price is now below the ascending parallel channel, which is a sign of weakness. Also, as per my Elliott Wave analysis, we have finished the 5th...