Currently, the price of Bitcoin has closed at 69,640, showing slight signs of decline. However, through the analysis of technical indicators, we observe that the market is still in an upward trend. Other technical indicators continue to demonstrate positivity, indicating the strength of buying pressure being maintained in the market. This suggests that despite...
In the upcoming period, it is anticipated that the GBPUSD currency pair will experience a sequence of volatility. Initially, we may observe a minor downtrend then testing of resistance level above. However, the possibility of another significant downturn should not be ruled out, based on technical and fundamental factors influencing the market.
#LTC/USDT #Analysis Description --------------------------------------------------------------- + The LTC price has decisively broken out from the resistance line and is now heading towards the next resistance level. + In the previous bull run, we observed a similar pattern that resulted in substantial profits for traders. + I anticipate a comparable pattern...
Based on the weekly chart analysis of the GBPUSD currency pair indicated that prices will continue to rise in the upcoming week. Technical indicators also show signs of this price increase. This could increase the interest of traders and investors, creating profit opportunities. However, attention should be paid to factors such as economic news and market...
#1000SATS/USDT #Analysis Description --------------------------------------------------------------- + The price has reached the resistance line for the fifth time, and there are indications that it may finally break out. + I perceive a promising opportunity for a LONG trade should the price successfully breach this resistance line. + Let's exercise patience and...
Hello,Traders! EUR-NZD is trading in an Uptrend along the rising Support line so after the Retest of the support we Will be expecting a Local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Analyzing the options chain and the chart patterns of GOEV Canoo prior to the earnings report this week, I would consider purchasing the 4usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $0.88. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
If you haven`t bought ASTS before the previous earnings: Then analyzing the options chain and the chart patterns of ASTS AST SpaceMobile prior to the earnings report this week, I would consider purchasing the 2.5usd strike price Calls with an expiration date of 2024-4-12, for a premium of approximately $0.50. If these options prove to be profitable prior to the...
Take a look at our analysis for EURUSD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.079. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.084 level. P.S Please, note that an oversold/overbought...
During the past trading week, the USDJPY currency pair closed at 151.342. This signifies that within the market context, the Japanese Yen has maintained its strength against the US Dollar. Based on these developments, the forecast for the upcoming week is for the downward trend to persist. From a technical standpoint, charts and technical indicators have...
Based on the daily chart analysis, it is evident that this week, prices continue to fluctuate around zone 151.00 - 151.90. Forecasting for the upcoming week, there is a possibility of a price correction phase, with potential testing towards the support zone around the level of 150.00. On the other hand, examining the two moving averages EMA 34 and EMA 89...
Hello,Traders! EUR-CAD has already Made a bullish rebound From the support cluster Of the rising and horizontal Support lines at 1.4584 So I think that the pair Will go higher up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey Traders, in the coming week we are monitoring AUDNZD for a buying opportunity around 1.08500 zone, AUDNZD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.08500 support and resistance area. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring USDCAD for a buying opportunity around 1.34900 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.34900 support area. Trade safe, Joe.
Based on the daily timeframe analysis, we observe that the price of Euro is currently below both the EMA 34 and EMA 89 lines. Particularly, the EMA 34 is trending downwards and shows signs of crossing below the EMA 89 in the near future. This indicates a potential downtrend for the Euro towards the support level at 1.0709. Investors and traders may need to pay...
Welcome to the world of cryptocurrency trading! Today, let's look back at the developments of BTCUSDT. The cryptocurrency space is always full of excitement, and Bitcoin is no exception. Today, Bitcoin continues its upward journey, trading at around $70,400. Compared to yesterday's trading session, there were not many significant changes, but the upward price...
Based on technical analysis, we can observe that the weekly candle of the Euro currency pair closed around the 1.0790 level. This is not only a signal of a shift in market sentiment but also a strong indication of downward pressure. The decline of the Euro is likely to persist into the upcoming week, prompting traders to consider short-selling strategies or...
In the serene atmosphere of the Easter holiday, the price of gold is currently holding at an all-time high of $2,236 USD. Most major markets around the world remain closed, despite the US releasing its core PCE inflation figures, a preferred inflation gauge of the Federal Reserve. Investors are expressing confidence in gold as they anticipate the Federal Reserve...