Based on how resistance continues to flip into the support, we can assume with great deal of confidence that the trend remains heavily bullish. In our analysis we have shared a potential trade setup for SDEX, yet, the price can and most likely will move much higher.
Identifying potential long opportunities in the crypto market, I'm currently monitoring BINANCE:JUPUSDT and BINANCE:SOLUSDT BINANCE:SOLUSDT : Entry: 197.06$ (or a close break above resistance if identified). Stop-loss: 195.30$ Target 1: $210 (potential new high). Target 2: $259 (longer-term bullish target). Note: Consolidation around $210 could be a healthy...
Based on technical indicators such as a sudden surge in trading volume and breaking through key resistance levels, bitcoin is currently in an upward trend. This increase indicates significant interest from investors and may lead to further price appreciation for BTC in the upcoming period.
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...
#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...
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...
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...
Prepare to delve into the fascinating realm of Elliott Wave theory as we unravel the intricacies of ConvexFinance (CVXUSDT). The allure lies in a captivating shift in trend, marked by a decisive breakout above the long-term downtrend trendline. While some may perceive the current wave as the completion of an ABC corrective pattern before an inevitable downturn,...
SeiNetwork (SEIUSDT) is currently riding a clear uptrend. Following the establishment of a long-term demand zone near the $0.56 mark, SEI has consistently printed new higher highs. The most recent peak saw a breakthrough above the 161.8% Fibonacci resistance, suggesting that the uptrend remains robust. Additionally, after forming an ABC corrective pattern SEI has...