FX:GBPJPY forms a false break of trend resistance, after which the market enters the correction phase. The technical event coincides with the fundamental one - the Central Bank starts to regulate the currency policy of Japan more strictly. Even against the background of rising interest rates in Japan, traders are still bearish. The currency pair as a whole is...
Hi everyone, Affirm Holdings ( NASDAQ:AFRM ) seems to be capitalizing on their consumers' repayment abilities, showing promising technical signals. Currently, the hourly and daily indicators are tightening, hinting at potential explosion in either direction (Upside likely). Should the price surpass the daily and monthly resistance levels, accompanied by the...
IBIO popped 3x March 26-28 and then retraced into a standard Fib level above which it has consolidated. The RSI lines are near to the 50 level and volumes are low. I can see where IBIO could go higher if interest and buying volumes rise. I will watch this for the same. Having profited heavily on the prior move, I would be happy to re-enter a long trade on IBIO.
Hello everyone, let's look at the 1D DOT to USDT chart as we can see that the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can include: T1 = $9.67 T2 = $10.53 T3 = $11.89 AND T4 = $12.86 Now let's move on to the stop-loss in case of further market declines: SL1 = $8.22 SL2 = $7.23 AND SL3 =...
Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As we can see, the price is struggling on the border of the uptrend line. Let's start by determining the support line and as you can see, the first support in the near future is $63,722, if the support is broken, the next support is $58,762, and then you can see strong support...
Retracement from day high, reversal on fib, target day high. We can see frequent buy sell on the same level at 165, amazing war between bulls and bears, let's see where it goes Personal view only, DYOR
FX:XAUUSD is still very strong. The price does not react to the news properly, only as a short-term reaction. The market is quickly buying back the decline and testing resistance. Buying potential is quite strong, the probable area of the first stop could be the zone 2300-2325. On H1, an intermediate sideways range is formed after a false breakdown of channel...
Hello everyone, let's look at the 1H ETH to USDT chart as we can see that the price is moving below the local uptrend line. Let's start by setting goals for the near future that we can include: T1 = $3,454 T2 = $3,603 T3 = $3,710 AND T4 = $3,845 Now let's move on to the stop loss in case of further market declines: SL1 = $3,189 SL2 = $3061 AND SL3 =...
Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price came out of the local upward trend line. Let's start by determining the support line and as you can see, the first support in the near future is $64,988, when the price comes out the bottom, the next one is at $63,198 and then at $60,780. Looking further,...
Looking at a daily chart for Tesla we can see what has the potential for being a ABC correction wave from its drop last year. While the current trend is still bullish a lower high or a brake of the last high, grabbing the liquidity above, with a wick back below would be a clear indication that a pull back to the main trend is possibly on it's way. The previous...
With BTC selling off, alts are naturally following suit. However, I think that it's more likely than not that alts will bounce soon. As for FTM, this token is currently around 30% down from the top after a massive run-up. The 4H RSI is oversold for the first time since the huge run-up started in January. Furthermore, the price is currently sitting at the 0.382...
FX:XAUUSD has been reaching 2265 since the open. The price is moving out of the ascending price channel, which indicates a strong bull market. But, there is a huge imbalance area forming below, which can be liquidated before further growth. The dollar is also strengthening and the market is waiting for bullish news on the index today. In this case it may give...
FX:EURUSD is not going to change the global trend yet, continuing to break support zones with the aim of further declines on the back of the dollar index growth. The dollar index is preparing to strengthen further. The price is breaking the trend, which is generally negative for the currency pair. Today the market is waiting for PMI. In general, the data is...
NASDAQ:SOUN After SoundHound Ai uptrend rally in Feb and Mar we are now seeing a slight break in the trendline. Enter at price targets: $5.16, $4.68, $4.11 (test at targets for retracements) hold for price to cross $5.71 (possible retracement due to investors selling positions), confirmation towards $7.64.
Firstly I'm a huge NASDAQ:AAPL fan when it comes to their products, however, I believe the time has come to buy some Put Options. Trend Analysis Utilizing the 1D chart, I found a double-top "M" pattern and at the time of this idea we are currently sitting a little under the second peak. The descent can be steep according to a macro-Fibonacci tool where the...
Pixel is one of the stocks that have already responded correctly to the bullish analysis and once again presents a UP pattern. At the moment, I have marked the demand zones as yellow CII and CII. An additional advantage is that both zones result from different impulse correction structures and yet they converge in a similar space for a price around USD 0.65-0.75....
Hello everyone, let's look at the LTC to USDT chart taking into account the 8H time frame. As we can see, the price is moving above the local upward trend line. Going further, you can see the price fighting in a strong resistance zone from $102.33 to $115.12, when we break out of this zone, we can see an increase to the resistance level of $131.40. Looking the...
BTCUSDT going to make another HH after retesting of Fib 0.382.