Greetings, fellow traders! As we navigate through the early hours of this midweek trading session, the price of gold is holding steady at around $2017 USD, exhibiting minimal fluctuations. A closer look at the charts suggests that sellers are gaining the upper hand. They've managed to breach the uptrend line and are now eyeing further opportunities to drive the...
EURUSD is currently exhibiting a downtrend in the early trading hours of Tuesday. The price is hovering around 1.076, and the outlook for today seems to be favoring the bears as the recovery appears capped by three significant peaks identified on the chart. With US liquidity returning to normal today, I expect this currency pair to face further downward pressure,...
Hey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 149.500 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 149.500 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring DXY for a buying opportunity around 103.800 zone, DXY is trading is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at the 103.800 support and resistance area. Trade safe, Joe.
TSI Market Timer Version 4.0 This indicator is probably one of the best, if not the best indicator out there on the market today. A bold claim. I say that because this indicator has been 10 years, at least, in the making. I started using TradingView in 2015 when it was $5 to use. It was wonderful. And you could make your own indicators. I would copy and reuse...
price made a series of LH and LL resulting in a downtrend. Price recently broke out of the downtrend and made a choch and retested the OB on the 15m tf. using the taps of the trendline we can see there is liquidity over top. we can waot for a choch on 1m tf to enter.
Litecoin has maintained a persistent downward trend against Bitcoin, but today's observation brings a potential turning point into focus. A discernible rebound has occurred, precisely off the 441.4% Fibonacci support level, hinting at the potential conclusion of the decline. To solidify this potential reversal, it's imperative to monitor the daily close, ensuring...
Hey Traders, In today's trading session, we're closely monitoring the US Dollar Index (DXY) for a potential buying opportunity around the 103.700 zone. DXY, a key measure of the dollar's strength against a basket of major currencies, has been exhibiting a clear uptrend in recent sessions. Currently, it's undergoing a correction phase, edging closer to the...
On 1W chart LTC is consolidating in the support zone and this consolidation is good for the next trend of the LTC in the bull market. This is a good place to buy some LTC and hold for the long period and sell it during the upcoming bull run Allocate only small portion of your overall investment portfolio for this. Preferrably less than 0.5% Regards, VectorAlgo
--------------------------------------------------------------- Description --------------------------------------------------------------- + A Channel formed after sudden crash + Price is consolidating in this range. + Since overall market is bullish, expect price to breakout upward + A LONG opportunity we have for high risk trade....
--------------------------------------------------------------- Description --------------------------------------------------------------- + LDO is consolidating in the support zone and this is a good thing for bouncing back + This consolidation zone is also acting as a support for the LDO + Once it bounce back we can expect it to reach next...
Hello,Traders! GBP-CHF broke the falling Resistance line then went Down to retested it and Is now going up again So I think that we will See a further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
BTNUSDT appears to be unveiling an ideal buying opportunity following a bullish breakout. Notably, the repeated respect for a key demand zone laid the foundation for the subsequent bullish momentum. The breakthrough above the downtrend trendline served as a second confirmation of the bullish sentiment, reinforcing the likelihood of BTN continuing its northward...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around the 0.88000 zone. USDCHF is currently in an uptrend and approaching the critical 0.88000 support and resistance area. Now, let's dive into the fundamental analysis shaping this trade. On one hand, recent CPI data in the US has shown signs of strength, suggesting...
Take a look at our analysis for EURCHF. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.950. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.953 level. P.S We determine oversold/overbought condition...
Here is our detailed technical review for USDJPY. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 149.940. Considering the today's price action, probabilities will be high to see a movement to 150.864. P.S The term oversold refers to a condition where an...
#STORJ/USDT Analysis Description --------------------------------------------------------------- + As evident from the chart above, Storj has recently broken out from its resistance but faced rejection at a weaker resistance level. + Consequently, the price retreated to its support zone and is currently attempting to rebound from this support. + I anticipate the...
Gold price today is trading around US $ 2022 and is worth a significant recovery level since the last time it decreased to 2000 USD. From the chart, precious metals have escaped from the discount channel and conducted an increase, the price can recover up to 2037 USD and higher may be at $ 2055. However, the market information is still less optimistic about the...