XEC Setup. After a confirmed breakout from the marked zone in green, we could take an entry at 0.00005017. Remember stop loss is your friend. Everything is on the chart. Entry 0.00005017 S.L 0.00004843 T.P 1 0.00005188 T.P 2 0.00005370
BINANCE:BTCUSD is not on the rise. Surprisingly to many, the price continues to decline even after the halving. The situation reminds vvot BTC-ETF, when before the growth, MM collected liquidity accumulated at the bottom. The trend is still strong and bullish. The price is in a sideways range and continues to collect liquidity. The range boundaries are 73500...
Hey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 77.70 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 77.70 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring NAS100 for a selling opportunity around 18300 zone, NASDAQ was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 18300 support and resistance zone. Trade safe, Joe.
Hello, dear friends!🩷 Let's quickly review the short-term perspective of Bitcoin. What do we see on the hourly chart?🧐 The price hasn't reached the upper main medium-term resistance line; we're still within the descending trend. The price has formed a small head and shoulders pattern, indicating that the price will likely decline in the short term. Possible...
The price perfectly fulfilled my last BINANCE:BTCUSDT idea. On the daily timeframe, the market closed above the key level. It basically made a false breakout, then formed a big, long-tailed bar on the weekly timeframe. This shows bullish dominance. I think if the market does not lose momentum, it could potentially reach a strong resistance at 73000. If you go...
we are tracking a descending channel pattern, outlined by the red boundaries. Currently, gold's price has rallied to the upper resistance of the channel, marking a pivotal moment for traders. Should the price adhere to the channel's resistance, we anticipate a potential reversal heading back down. However, unlike previous lows, a higher low is expected this time...
The price perfectly fulfilled my last idea. BINANCE:DOGEUSDT formed a double top at the channel top, then rolled back to the support level at 0.14. On the weekly timeframe, it created a long-tailed bar, which indicates buying pressure. The market might retest 50%–61.8% of the weekly candle. If the price bounces off through the support zone at 0.13-0.14, we can...
Hi! The "Bart" pattern in trading is named after a specific type of price movement on an asset's chart, resembling the contour of Bart Simpson's head from "The Simpsons" cartoon series. Characteristics of the Bart pattern include a sharp price surge (vertical spike), followed by a rapid decline (horizontal consolidation), and finally a return to the initial...
FX:EURUSD is facing strong support at 1.0600. A rebound and counter-trend correction within the downtrend is forming. Traders are waiting for Friday's NFP Globally, the currency pair is in a bear market phase. There is a strong struggle for the 1.0700 area, especially ahead of Non Farm Payrolls, which may determine the medium-term outlook. Traders expect the...
The volume is decreasing in the flag pattern, according to the previous analysis, if the price goes above 73, higher targets are available.
In assessing the Nasdaq's current market conditions, there emerges a compelling narrative suggesting a potential bearish leg in its trajectory. This notion finds its roots in the recent retest of the 78.6% Fibonacci retracement level, a critical technical threshold renowned for its significance in price action analysis. Concurrently, this retracement is...
The EUR/USD exhibited a modest bearish tone and closed in negative territory during Tuesday's trading session. Despite attempts to recover, the pair struggled to regain traction after reaching a peak of 1.0800 in recent days. Looking ahead, today's economic calendar appears relatively quiet, with no high-impact data releases scheduled. However, market participants...
Follow LSE:ONDO as it finds its way around these triangles. Expect Large Candles once it Breaks that Orcus Ai resistance
Breakout from trendline. Upwards now 👊 We have mapped upside price targets in case the resistance lines are broken. If price gets rejected at the resistance line then price is expected to retrace back to the breakout point and then bounce back up If it holds we have expect price to bounce towards upper resistance lines and ascending Fib price targets. Are you buying?
Hello, friends Bitcoin fluctuates very quickly. I believe Bitcoin will break its all-time high in the next few weeks. Stop loss <56k$
boost and follow for more! 🤝 we got the breakout, resistance turned support and now going for a extreme resistance breakout soon? watching for a clear daily break over .18308, if that comes than continuation to .28-.435-.57 should come within months in my opinion. lets see what happens 🔭
My dear subscribers, My technical analysis for GBPUSD is below: The price is coiling around a solid key level - 1.2479 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.2515 About Used Indicators: By the very nature of the...