Gold Technical Analysis, March 28 Bears in the gold market have taken a beating this week, with bulls consistently pushing prices higher. Despite the upward momentum, there have been significant pullbacks tempting the bears. Looking at the weekly chart, there are signs of a potential top formation emerging, although signals on the daily chart remain unclear. Today...
The market is changing rapidly. Plan your trade and trade your plan. When the market rises, chase the longs, and when the market falls, chase the shorts. It also does not mean that when the market falls, it will be long, and when it rises, it will be short. Analyze specific issues in detail and understand what is behind the market. The logic behind the rise is...
Hello friends, I am Sadegh_Sonic . First of all, I would like to thank you for your unconditional support in my previous predictions about Bitcoin and other coins. And,,, Today I want to check this coin,, It has formed a corrective pattern that has 7 waves, I think we are on last wave, it will correct and after that, boommm, I make my buy in two steps, a small...
Gold prices hide huge buying opportunities. 2190-2194buy 2183-2187SL tp2207-2212
📉GBPJPY has recently shown a dynamic head and shoulders pattern on the 4-hour chart. The neckline of this pattern was broken today, leading to a close below it. This breakout suggests a potential correctional movement as buyers may be losing momentum. I anticipate a bearish movement towards 190.35 or lower.
The ascending channel that XRP is currently in looks to be indicating a massive potential price increase in 2024 if the fractal pattern repeats. Even if the pattern is only successful by a fraction, it would still mean some massive price gains. Good luck, and always use a stop-loss!
Greetings, BTCUSDT traders! Today, BTCUSDT sustains its recovery streak. Although we've yet to witness a significant surge in price, the bulls have commendably reclaimed their ground. Currently, the price oscillates around $70,270, with a slight retracement to the 0.618 Fibonacci level. The technical outlook and buying targets remain highly favorable, aiming for...
➖ Bitcoin produced a new All-Time High followed by a rounded top pattern. ➖ Bitcoin is now moving within a lower high compared to the newly established ATH. Any trading below the ATH —such as is happening now— can be considered a SHORT opportunity. The stop-loss can be set above the ATH. Below the full numbers... _____ SHORT BTCUSDT Leverage: 8X Buy-in:...
By examining the GTAI/USDT chart, we can see that after entering the demand range of $3.35, the price went up with the price and was able to hit the target of $4 and even grew up to $4.3, which means more than 35% price growth in less than a week (Cheers) and I hope you have used this analysis! Based on the main analysis, the next targets will be $4.50, $5 and...
In a Bitcoin (BTCUSDT) short-term trade idea, I mentioned yesterday the fact that the action we were looking at was a "pull back" or "rebound," when prices retrace before the continuation of a move. The market moves together and it seems a marketwide correction is approaching. Dogecoin, as with Bitcoin and many others, produced two green days 20-21 March. This...
Hello traders, Wondering about the movement of BTCUSDT today? Currently, BTCUSDT continues its upward trajectory, trading around $70,635, showing stability compared to yesterday's session. Despite the lack of significant fluctuations, the overall upward momentum remains robust for the bulls. At this moment, the price is consolidating, and the outlook suggests a...
Entry price ,stoploss and Target already marked in the chart itself FYI. Guys pls like, share and follow my ideas . Thank You All
The drop in FX volatility after last week’s action is being helped by the PBoC's stabilisation of the Yuan and should not help the Yen, which remains the most popular funding currency for carry trades. Verbal interventions in Japan and the softer Dollar momentum are helping a bit, but the current environment suggests a recovery in JPY remains even more strictly...
💵Pair Name NZD/JPY Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🔗 Key Technical / Direction ( Short ) Type : Mid Term Swing —————————— Bearish Break 90.300 Area Reasons - Major Turn level / M - Channel Middle Break - choch Break - Fixed Range Poc - Fibo Golden Bullish Reversal 88.500 Area / Target
Wolfinance star analysts believe that although the overall performance of the U.S. economic data released last week was strong, supporting the rise of the US dollar and hindering the rise of gold, the Federal Reserve reiterated that it will cut interest rates three times this year, and investors have high expectations for the Federal Reserve to cut interest rates...
Based on the monthly timeframe chart, we see endless growth, but as you know, one cycle must replace the next, a huge number of green monthly candles indicates that the correction is very close Just as my experience shows, a long stay above or below the zero mark on the MACD indicator indicates an imminent reversal At the moment we see support in the 60-65k...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
Preface: I'm still bullish on the crypto market as a whole. I still think it's likely we're going to make new highs in the near future. This is a more short-term oriented trade and will only be activated under certain conditions. In this analysis I want to shed some light on a pattern that one of my commenters recently informed me about. Although it's not the...