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?
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it rose to support level, but at once bounced and fell to support line of channel. After this, price turned around and made upward impulse to resistance level, thereby breaking $0.5665 support level. Next, XRP...
USDJPY is currently accumulating within a narrow horizontal range on a daily. It looks like the market participants are waiting for some important fundamental data to decide where to push the prices. I see 2 potential scenarios. Bullish 151.70 - 152.00 is a key horizontal resistance. Its bullish breakout - a daily candle close above, will be a strong bullish...
KESORAMIND broke out of channel pattern on daily chart. There has been tight consolidation for almost three months. Trading in the range of 10-15%. Also during runup to the channel, there were huge buying as shown in volume. While consolidating you could notice volume has dried up. Signifies sellers are not willing to let the price go down. Though there was not a...
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 Traders and Investors, today I will take a look at Nvidia. -------- Explanation of my video analysis: For more than 6 years, Nvidia stock has been trading in a long term rising channel formation. We had the last retest of support in 2021 which was then followed by a +650% rally towards the upside. As we are speaking Nvidia stock is retesting the upper...
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!
Yesterday, we spotted a confirmed violation of a key daily support on NZDCAD. After a retest of a broken structure, the pair formed a nice intraday bearish confirmation. I spotted a horizontal range on a 4H time frame with a breakout of its support. Such a violation increases the probabilities that the market will keep falling. Goal - 0.805 ❤️Please,...
Similar situation to January: we had BTC trading in a range for a few weeks, then briefly breaking below support, with people calling for targets in low 30K, which turned out to be a fakeout, and a new swing trade bottom. Look for BTC to bottom in the yellow circle early next week. Additionally, let's see if the blue channel I drew is valid. Price touching the...
In this analysis I want to take a closer look at ALT and the bullish channel it appears to be trading in. To maximize potential gains (and chances for a bullish reversal), I'm going to wait for the price to reach the bottom support. If BTC reverses in the near future it might be the case that the entry won't be hit, which is fine. Entry is placed at 0.52 for...
NASDAQ:SFM is currently trading in a parallel channel and looks like it will trend down to attempt to retest the support at about $60.70 for a third touch. Thoughts?
Hi folks today I'm prepared for you Ripple analytics. A not long time ago price declined lower support level, which coincided with the support zone, thereby breaking it, but later XRP turned around from the trend line and started to rise in an upward channel. In the channel, the price broke the support level one more time and soon reached the resistance zone,...
Hello traders, I want share with you my opinion about Gold. A not long time ago price started to decline in a downward channel, where it first reached the resistance line and then rebounded down to the buyer zone, which coincided with the 2160 support level. After this, the price bounced up from this area to the resistance line of the channel, but in a short time,...
Hi guys, this is my overview for GBPUSD, feel free to check it and write your feedback in comments👊 Recently price entered a falling channel, where it soon declined to $1.2800 resistance level and broke it. After this, GBP tried to back up, but when it entered to resistance area, price at once bounced and continued to decline in channel. Soon, price reached...
whole trend started from 1620 has now reached its wxy projection inside a parallel channel with trend near its peak at current price 2260 gold is highly overbought driven by means macro factor creating fomo buying in gold if breakout from here then 2150 next meltup target while sub wave of Y don't have clear wave counting until we get trend reversal
2 sell trades as you can see, if second was achieved before first entry is still possible! ATTENTION : forex trading is professionally studied and it's not based on luck, any attempts to enter any trade requires patience, studying, and relaxation so u don't stress out
Test idea "The Ledger of Things" is a revolutionary open source Layer 1 blockchain platform for the tokenization of objects. Current list of the object categories is presented as follows: 3D objects 2D drawings Music Biometrics Radio signals Movements Texts Proof of Scan is a decentralized protocol, which is based on recognition technology. Every object,...
RSI has been in oversold zone for almost several months. The global parallel channel is wide. The volatility in it is very high. However, capitalization is insignificant to consider this as a disadvantage. Also, there was not a single listing even on small exchanges. If it falls to lower line of the channel, I personally will DCA. P.S. Vitalik Buterin supports $TYRANT