GBPAUD is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
FX:AUDUSD forms a retest of the descending channel resistance, but there is no fall. Against the background of the dollar correction, the currency pair may move into the realization phase after the channel breakout. Moving averages, trend resistance and pre-breakout consolidation, with strong support zones, to which a large buyer does not let the price go. An...
BINANCE:DOGEUSDT is attempting to break through the correction in order to continue the uptrend. On W1 the price enters a new channel and opens a new potential. On D1 a reversal pattern is forming with the subsequent formation of a pre-breakout formation. The market is buying back the fall in a few days and preparing for realization. This generally indicates...
Hi guys. As always, im on the lookout for macro developments or signals found in assets. Which pose for high probability/ best scenario for taking positions. Rumble (RUM) is on my radar for this idea post. My analysis is on the 1 week timeframe. As you can see RUM has been in a Descending channel since Feb 2022. Recently we reached the bottom of the channel at...
FX:EURUSD is unfolding within the framework of the downtrend. The price fails to reach the key support and gains a buyer amid the correction of the dollar index. The market is waiting for NonFarm Payrolls Chart on D1 - price has no clear global trend, the market is in neutral flat. A false breakdown of the ascending support line is formed, after which the...
GBPUSD is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
This could be descending channel forming. BTC need higher high now to avoid bear div on 12hrs SRSI. If not, new lower low is in the cards. This is too many "if" but just keep in mind and be extra careful with long positions since most of alts follow BTC correction. Good luck traders!
FX:AUDUSD is forming a downtrend amid the growing dollar index. The currency pair is under pressure from sellers. Support level 0.64039 is forming on D1, which continues to hold the market. But, the buyers' urge may be broken, as the price continues to squeeze to the support and is gaining potential for this. On the background of the rising USD and weakening...
Doge finally triggering the breakup from the tan channel after doing a fakeout the first time it got above the top trendline of the channel. Sizable pump that is already getting rather close to reaching the full target. We can also see that we have broken upward from the purple symmetrical triangle right at its apex which has an even high target. The current...
BINANCE:GMTUSDT is entering the realization phase after a long accumulation. Price is testing resistance for a breakout. On the High timeframe, the coin is testing the resistance area. A breakout and bullish momentum is forming. A price consolidation above 0.4000 will open a new potential for the bulls. The coin is quite far behind the market and if the bulls...
Hello Traders, welcome to today's analysis of EurUsd. -------- Explanation of my video analysis: EurUsd has been trading in a pretty obvious descending channel for over a decade and is currently retesting the top resistance of the channel. Furthermore there is a horizontal structure level around the $1.09 level which is also acting as resistance. I am...
BTT (BitTorrent is one of the biggest torrent clients in the world. Fundamentals are strong, and technicals are as well. We have the biggest candle in history; this is a serious business. I am expecting at least 100x - 200x in the next bull market. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish...
Technical analysis SUPER is pumping hard; there is no doubt about it, and the trend should continue in the next few weeks and months! I recommend buying SUPER right now for a 50x profit in 2024/2025. We can see that the downtrend has ended with a descending parallel channel, and bullish volume is very high, which is always good to see! From the Elliott Wave...
OM looks very bullish. We can see that the previous downtrend ended with a descending parallel channel on the weekly chart. Now the price is finally breaking out! What is important is to always take a look at the volume indicator. Bullish volume is absolutely very high and at record levels, which confirms the breakout. Whales are buying it, and they cannot hide...
Technical analysis Rune is an extremely bullish coin and will hit a new all-time high relatively soon! It's still a good time to buy this coin and make a very nice 1500% profit this year. Why? As we can see, the coin is breaking out of the descending parallel channel on the weekly chart. Always wait for the rarest, but the retest already happened, so I don't...
FX:EURGBP on the background of stronger decrease of GBP than EUR, connected mainly on the background of economic and geopolitical factors allows the currency pair to break the resistance of consolidation. Globally, the currency pair is in neutral-negative condition, as there is no clear trend, at the same time a wedge and symmetrical triangle are traced on the...
looks cheerful for weekly chart as breaking out a massive descending channel since 1120D price breakout a 0.236 fib and the upper side of the channel ...make a potential buy in case of successful retest. our target is 1$ dont forget to support us with ur like , comment and follow for more updates🎯
FX:XAUUSD is getting a good medium-term signal on Powell's words yesterday. Metal is trampling its way into new horizons and probing new highs. Today the market is waiting for Initial Jobless Claims and PMI. M1 timeframe is pointing us to the approximate medium term potential which is capped at $2380-2400, price has entered a new bullish range. Yesterday's...