I feel that the price action of Ethereum paired with USDT utilizes various chart patterns and key support and resistance levels to inform potential trading strategies. Through careful observation, we identified the emergence of a rising wedge pattern from a broader perspective, as well as the recent formation of a falling wedge pattern. My analysis focuses on...
When it hits the floor and starts an upward wave it may rise to the ceiling and then fall, from my analysis I see a short selling to collect the order and form a lower low. There we see a long post forming a new lower high as we have changed the nature of the market. The non-farm payrolls data could be the deciding factor in whether we continue this week's bear...
2370 more As long as the k line falls back, we are running more, as simple as that Gold does not fall back, there is no chance to dry more, the afternoon market to force, directly down 2370 line, we more The k line has always stabilized above the average line, always standing position, the average line runs steadily upward like a rock, the overnight gold...
The golden day line closed high, closed a small Yin K line, two consecutive days this week around 2390-2393 area shorting have gained, high adjustment market, after the second high, failed to close strong, or break high strength, short term is to convert downward, the weekly line is as expected to touch the high line and then pressure. Gold is currently under...
Hey, guys. As I see it, Ethereum has a good ascending channel. Any daily close below $2,840 is likely to signal a trend change to me, and then it is highly likely that we will see a support line for ETH in 2000-2050. If this key support is also broken, then I think cryptocurrencies in general (and AltCoins in particular) will undergo a major correction not only...
Today's content all points are 2406 US crude oil contract points, because the US crude oil has changed the main contract to 2406 contract, yesterday's market as a whole is basically in accordance with our analysis of the forecast to go, that is, down, the market rose to 84.75 US dollars began to fall all the way to the current lowest point of 82.01 US dollars....
Taking a closer look, this is a 3D view of this huge bearish trend line on the Bitcoin chart. Watch out for 65000 and watch for this possibility in the chart! I think maybe we should short Bitcoin
us30 spot 4HR view - The current price now seems to have found major support at 37,317.8 (TP6), and looking ahead, I don't think these levels will be breached, in terms of weekly volatility, which remains unchanged. Although we have created 2 FVG gaps (4HR) below, which I believe will be our RIP zone, in order to clear the higher FVG, we have a reaction, but not...
AUDCHF is bullish on its 1D technical outlook (RSI = 60.496, MACD = 0.002, ADX = 32.323) after a strong bounce and closing above the 1D MA500. The dominant Bullish Megaphone pattern made its previous HH on the 2.0 Fib extension and a new 1D MACD Bullish Cross has validated that it now sets course for the new HH. We target again the 2.0 Fib (TP = 0.61550) which is...
If BTC/USD remains within the aforementioned range between 73.800 and 60.000. Well it recently dropped to daily lows, with institutions respecting potential support at 60.000. The next possible tie now is the relatively equal high above 71,500. If Bitcoin breaks out of this range significantly, perhaps it could stage another sharp rally on the back of the...
If weakness in the trend is taken into account and a structure is established and the previous ceiling is broken, perhaps we can wait to buy today as EURUSD is showing signs of recovery after experiencing heavy losses in recent weeks. So far, there’s no compelling reason to be overly optimistic, but there are signs of a sharp pullback on the downside.
The price is currently trading at resistance levels in all major time frames (4-hour, daily, weekly) Market sentiment is 90% short The divergence on the weekly chart gives us a better idea of the overall trend Stop loss 194.40, which is the fulcrum support for the daily time frame Profit level: 192.825 193.219 193.462 Good luck to you! !
🏃♂️Bitcoin is moving near the Resistance line , 50_SMA(Daily) , and slightly above the 🔴 Resistance zone($66,050-$64,520) 🔴. 🌊According to the theory of Elliott waves , Bitcoin seems to have succeeded in completing the Double Three Correction(WXY) . 📈From the point of view of Classical Technical Analysis , it seems that Bitcoin has managed to form a ...
We have all the confirmation, start looking for long positions, forecasts for EURGBP buy at this time.
I feel increasingly isolated among the growing crowd of bears but I believe BITO has formed a textbook flag pattern. My argument: Following a sharp move upward, beginning 3/14 (6 weeks from the time this was published), price has declined in 3 drives forming a clear channel but didn't break the 50% retracement level while volume has steadily declined during the...
Based on previous analysis, US30 hit our gray area and did not reject our resistance trend line, but broke through it. We now expect a retest, after which it could soar to new highs.
Gold is expected to rebound from Friday's downward trend and continue its bull run, possibly reaching $2600 per ounce when the New York session opens on Monday. Investors may seek to withdraw funds from the market, but potential reversals could offer opportunities to collect more liquidity. Tensions in the Middle East, particularly between Iran and Israel, could...
candle was enough to get a profit taking dip today, but is NOT a bearish piercing candle as it does not encroach 50% into the body and it has a bullish bottom wick. The retracement that happened today to .618 from our 1.20 lows was exactly .618 Many may call today bad, but no way was it, we did the neccessary 4% drop we needed today to hit said levels....