HBAR is looking good on the daily chart. We have tested a local support and rejected north. RSI is still oversold and appears to have started trending up. Fib extensions are targets, also marked by horizontal ones. R:R 1:13 stoploss below second support marked in red This is NFA Do your own DD Good luck!
Bitcoin bull market This is my main market idea for this year, has been my blueprint since march. I was right about range-bound correction after reaching 73.8k, I personally think we could see a lower low from here but not really sure, the predicition (sending from here) also makes sense since alts corrected heavily and crypto could have seen their bottom for...
Take a look at our analysis for EURUSD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.068. Considering the today's price action, probabilities will be high to see a movement to 1.072. P.S Please, note that an oversold/overbought condition can last for a...
Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 105.841. The above observations make me that the market will inevitably achieve 107.241 level. P.S We determine oversold/overbought condition with RSI...
Title: 📈 Shiba Inu Coin: On the Rise Again! 🚀 📉 Analysis: Shiba Inu Coin (SHIB) has been showing promising signs as it bounces off its support at 0.00002643. This bounce indicates renewed investor interest and buying pressure in the cryptocurrency. 📈 With the momentum building, SHIB appears poised to target the 0.000036 mark in the near term. This represents a...
The stock, after a strong move from the 1.20 to 5.00 zone, has since materialized in a healthy way, and found support on the 0.78 Fibonacci level. The stock closed an open gap at 3.50 and is having difficulties through this area. Currently producing a cup&handle pattern (orange). in addition there are currently about 18% short interest on the stock, which can...
Hello,Friends! We are going long on the GBP/CHF with the target of 1.145 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Following a rapid rise to $30, silver has seen a swift decline, indicating a completion of the minor Wave (iii) of Wave ((iii)) just above the 461.8% level. We've exceeded this level, so we need to consider potential deviations from ideal models to navigate the market effectively. We anticipate the downturn to continue and expect to find support between the 38.2%...
BINANCE:OCEANUSDT , 1d Price is trading above the 200SMA suggesting that the long term trend is intact. The downward trendline has been broken and has been consolidating for the past two days. On the 4h, price has formed an imperfect cup and handle with the consolidation being the handle. The MACD line has crossed above the signal line indicating a bullish...
Here is our detailed technical review for NAS100USD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 17264.3. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 17748.6 level. P.S We determine...
Hello,Friends! GBP/CAD pair is in the downtrend because previous week’s candle is red, while the price is evidently falling on the 6H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.707 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
Trading Plan: Long Position Entry..! 1. Market Situation: - Currently heading towards the 1w +fvg (insert specific market or asset). - Anticipating a price action to reach the 4h fvg (four-hour Fibonacci retracement level). 2. Expected Scenario: - Anticipating a potential rejection at the 4h fvg level. 3. Response Strategy: - If the expected rejection occurs,...
Hello,Friends! We are going long on the USOIL with the target of 84.39 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
The entire precious metals sector, including Silver, is currently of great interest, not just gold. For silver, we currently assume that we are probably nearing the end of Wave (iii), which can reach a maximum of 28.51 dollars. We are currently within our target zone for the Wave 5s, so it will likely be challenging to break through and invalidate the 461.8%...
Please, check our technical outlook for SPX. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 4966.93. The above observations make me that the market will inevitably achieve 5113.40 level. P.S We determine oversold/overbought condition with RSI...
Take a look at our analysis for USOIL. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 82.08. Considering the today's price action, probabilities will be high to see a movement to 83.80. P.S Please, note that an oversold/overbought condition can last for a...
Here is our detailed technical review for EURUSD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.063. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.065 level. P.S Please, note that an...
Oil prices have retraced just under 8% from the MTD (month-to-date) high. And it looks like the market is trying to stabilise around a support cluster, just above the $80 handle. The cluster includes the 50-day MA, high-volume node and prior consolidation zone. A small doji also firmed around these levels to suggest a swing high has formed, or very near. A...