The pair is trading weak for a second consecutive week and declined more than 300 pips. Break below that level will take the pair to 0.9600/0.9500. CCI (50) - bearish
This is the log difference from the price to the 20 week moving average. Has always been a great top and bottom indicator so far and we're currently at 9% risk. We won't be going that much lower so I would recommend to start accumulating at these levels.
There is a detachment on EMA5! At weekly chart... this can make gold to move up! Let's wait and observe, so we can find the best way to enter today... Better to wait and have a good entry, then to get stuck at this tiny range... It's been boring, but profitable! Dont forget that Patience is key!
A short opportunity is forming on 1000SHIBUSDT on perpetual futures at Binance. You can see all the same signals in the chart above this month. I will detail each one below. Rules for the entries LONG price closing above MA 200 (yellow) and MA 20 (red) The last candle is going above the open value of the latest bearish candle Last bearish candle can be...
Now we are in the corrective phase and currently in Wave C which is a 5 wave impulse lower. We are currently in the 3rd subwave and expecting a brief retracement for subwave 4 and then another move lower for subwave 5. We have the fibonacci extensions in place for possible reversal zones which we can look at for a bounce. We also have a descending trendline in...
The pair is extending bullish streak for the sixth consecutive session Price action trades shy of 200-DMA and break above eyes channel top at 0.8490
Hello traders. SPX500 is still in a downtrend but it might have an upward for tomorrow. RSI 8 MA 8 is showing an oversold signal, in 15m,30m,45m, and 1-hour frames, this is why it might have an uptrend for tomorrow, following the Resistance, Supports and Pivot levels results. Important take a note about this. Check the trend, confirm the uptrend when the prices...
GOLD price does not have the strength to go down and the upward movement will continue immediately from this point. BUY scenario: a pullback is still possible, and after that, a long run up to 2000 is possible
After I looked on Twitter, I saw news that some coins are being burned , So I looked at the chart, thinking that this news could be associated with the breach of the trend line. I think maybe we will see a reversal to form a bullish trend soon, especially if the price settles above the 50-day average .
Sweet V recovery for ADA, i bought some ADA last night at around 0.88, not a big bag though, as im still skeptical about the market directions and with all that is going on with the world and news. RSI rising, ADA moving, and on the Trend exhaustion indicator, ADA is in an up trend ADA 1H
Fantom has been consolidating within this triangle for 29 days and today it looks to be confirming a Bearish Triangle (I have attached an image for reference) The market has made consistent LH/LL which is true to a bear market - even though price climbed 28% from support this wasn't strong enough to break $2.40 zone which signalled a chance to short the market....
The Litecoin price prediction is likely to show an upward trend if the market can rise above the moving averages. LTC/USD Market Key Levels: Resistance levels: $165, $185, $205 Support levels: $75, $55, $35
Against Bitcoin, the daily chart shows that the Ethereum price is trading above the 9-day and 21-day moving averages around 0.071 BTC. As soon as the price crosses above the upper boundary of the channel, there is a possibility that additional benefits could be obtained in the long term and the next resistance key above 0.075 BTC is close. But, if the price begins...
Interesting setup on GBPCHF in preparation for Thursday BOE. A retest and continuation on the S&D area around 1.24800 would indicate a good long opportunity to the TP of 1.24849. For a RR ratio of 2:1 If price shoots out of the order block to the downside retesting the liquidity area around 1.24500, we could look at a short opportunity with a TP at 1.24189. The...
Markets eye US ADP employment change data today for further direction. Factors to watch for gold price action- Technical: The near–term support is around $1780, violation below targets $1770/$1750. Significant reversal only below $1750.The yellow metal facing strong resistance of $1810, any violation above will take to the next level $1835/$1860/$1877$1912 is...
Large bull flag pattern for BNB on the 8 hour timeframe. Candle is above the 50MA. Rsi rising with volume too. BNB 8H
Btc has been coming declining seems 13 69,000 price mark. It has been no declining for a while, which is clearly observable Linda chart. I don't consider this as a beer market yet, although I really think that the correction is taking longer than it seemed to me in the beginning. In this scenario what I seen is an eminent encounter with the button after which the...
We may see BTC visiting moving average at 45000 BTC may test 45,000 $46,000 areas in the coming period