Looks like theres a nice support here which should see a reaction if tested soon. I will set a limit order if we see a nice pullback to this level. Let see what happens. Happy Trading!
Since the asset has maintained its position of over $18,000, it has fallen by more than 6% over the last week. When Bitcoin reached a peak of $20,071 on Sunday, the bears firmly rejected the recent gain. The Federal Reserve's aggressive rate hike campaign worsened the previous decline. Since then, BTC has fallen precipitously, but it is still firmly above the...
Consolidations of 7th and 8th of SEP were best signs of changing in direction of CADJPY. Bulls lost their strong level of 108.95 and all so many of their supporters , including me, change their side. If you are in short position take this pair under observation! there might be some struggles to go down further. MA100 might play a strong role as a dynamic...
USDCHF is strongly bearish! But you could wait for a retest or something like that! Bias in short-term is great for the sellers but in longer terms, Bears are just slightly stronger.
Support and Resistance for Monday Data analysis Levels
Under the 5th swing of the dollar strength, expect gold to continue drifting down. Double top of the Gold weekly makes me believe this key range bottom 1683 level will be retested. This is a Elliot Wave projection on gold using Extended Fibs. One of the key monitoring is whether the strong 1683 weekly level be broke or hold when approached.
Hi everyone, Yesterday we talked about different chart patterns and candlestick patterns that we are seeing on a higher time frame. News are reporting wallets being stolen, exchanges being hacked, people are holding in external keys,... So what is going on? Are we going to dump one more time? Well, the answer is most probably yes. On a fundamental level, we...
Hello everyone In 4 hours chart on AVAXUSDT ,We have a good support level on 72.50$ ,plus a weekly trend line which been tested several times and held up pretty good,and we have a support level on 76.50$,which is being tested again as i'm writing this. For now, because we are still in a bear channel (my opinion not financial suggestion),what i'm doing is to...
It's forming a handle to its cup base and a breakout of this could prove to be massive. One to keep on your watch list for sure! As of March 7th, 2022: * Sector: Technology - Software - Infrastructure * Relative Strength vs. Sector: 2.0 * Relative Strength vs. SP500: 3.18 * U/D Ratio: 1.74 * Base Depth: 105.1% * Volume 156.7% above its 15 day avg. Trade...
AVAX has registered a spike of around 12% in the past 24 hours. The token is trading at an average price of $90.05, at the press time. The AVAX’s 24-hour volume of $2,105,943,120 has seen a surge of over 42%. It is interesting that the coin managed to stay above the $90 resistance level. According to CoinMarketCap, the Avalanche token is the 10th biggest...
The global markets have reacted strongly to Russia’s announcement of carrying out “special military operations” in Ukraine. After news broke that Russia had begun launching attacks across Ukraine, the market dip escalated. Over $300 billion has been wiped off the crypto market cap which has dropped around 10.6% on the day, now standing at $1.5 trillion. ...
TL;DR Breakdown Avalanche price analysis is bullish today. Support for AVAX/USD is present at $73.2. Resistance for AVAX is found at $81.1. The Avalanche price analysis is bullish today as the coin continues upside after rallying high yesterday. The price action is steadily upwards, and the coin price has broken above the resistance present at $77 level as this...
GBPAUD broke through my supportive trendline that connected the previous two higher lows together. Today we are trading below these levels but sitting at the last point I would consider buying before the trend has lost any steam, the 61.8% fib level. Let's see can we take advantage of this high risk to reward ratio!
After a fresh bearish reaction, Bitcoin price extended decline below the $42,000 support level. There was a clear move below the $40,850 support level and the 21 simple moving average (H1). The price dived towards $40,000, but the bulls appeared near $40,120. Recently, there was a minor upward move, but the price faced sellers near $40,950. It started another...
There's strong reasons for both Bullish and Bearish Scenario, but the main thing here is we need to get the price above the orange line in order to confirm a solid Bias to the upside. If we reject the line, we can still go sideways but eventually we'll end bearish.
We got more evidence telling us the market might be stronger for buys. As you can see, we got a demand zone within the fibonacci. Adding that to the fact that we're currently in a uptrend tells me that the two trendlines are most likely just manipulation. I can also see some more evidence on a lower timeframe but that will be to complex for this timeframe:)
Canara Bank Long Term View Positive Can give long target as shown in chart
* Good earnings in the recent quarters * Very strong up trend on the monthly time frame * Very high 3-month relative strength of 14.02 in the REIT - Healthcare Facilities sector * Recently broke out of its all-time-highs from 2019 indicated by the red line at $84.63 * Retested previous all-time-highs as support for the past three weeks * Volume Profile showing...