Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price entered to triangle, where it bounced from resistance line and fell to support line, breaking $1.0745 level. After this, pirce in a short time rose to resistance line, but soon turned around and declined lower more, exiting from triangle. Then...
It seems like the price may have hit its bottom, as we're seeing two Key Reversals on the Monthly timeframe. This scenario could signal a Double Bottom, setting the stage for a high-probability trade setup with waiting for the price to break through the recent Lower High (LH) to confirm a change in trend. Shifting our focus to the Daily timeframe, there...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some days ago entered to upward channel, where it at once rebounded from the support line and rose to the 59000 support level, which coincided with the buyer zone. In a short time later BTC broke the 59000 level and made a retest, after which it continued...
Very close to hitting the teal channels breakout target, after that we head for the pink channels breakout target…also likely to go to the beginning of the red bearflag pole around 51 cents as is common with inverse Bart patterns. *not financial advice*
Possible ICI set up #EMC Price is bouncing off the top of a bullish M Channel. Last week was a nice pullback. Looking for price to continue bearish at a minimum to the middle of the M Channel area. M = monthly
Price has finally broken a W CONSOLIDATION ZONE that started on 12/4/23. Looking for price to retest the consolidation zone + the mid point of the bullish M channel and then continue bullish.
We seem to be reversing off the top of this multi-channel area at 31.25. In Addition, RSI has bearish divergence and we also recently had a demark13 countdown which could signal an exhaustion in trend. Watch for a reversal to take place off the current area. Perhaps a move back to the 50day moving average which currently sits at +- 29.60 and rising daily, is a...
If CRYPTOCAP:BTC repeats the prior leg up, we could see an expansion and range between $75K-85K, a dip to retest the ATH breakout, before continuation to $110K+ by mid- to late-Summer.
Traders, let's delve into Power Finance Corporation today ! 🌟 In the daily timeframe, we're witnessing a range-bound movement, with the price testing previous swing highs. 🔄 Anticipate a breakout above this level(red box), potentially targeting Rs. 450 and beyond. But before that it may come around at Rs.400 to go up further. PFC appears poised for bullish...
Hi. COINEX:DYDXUSDT Price is in al bullish rising channel and recently bounced from the lower border of it👀 Now CRYPTOCAP:DYDX is testing a resistance zone, breaking through which the price will rush upward to the upper border of this channel🔺 ✅ Due to the ascending structure of the chart... - High potential areas are clear in the...
BTC started a double pump of the price, but we are long way from halving, so it's unlikely we see another pump of the price. Could possible be on the day of ETF approval. Right now we have SFP on daily chart which means that we are in correction mode (downtrend). Currently we have completed the local corrections of the latest pumps (Fibonacci retracement between...
GBPUSD set a new higher high higher close on a daily, violating a resistance of a wide horizontal range on a daily. It clearly indicates the dominance of buyers on the market. More growth is coming. Next resistance - 1.294 ❤️Please, support my work with like, thank you!❤️
Just like my previous idea I posted on gala, mana is also currently inside a similar bear flag where the flag is also a descending channel. The full breakdown target for this would be negative 1.80 so I think it’s more likely this bear flag breaks upward…the descending channel on its own usually breaks up so often when you see it as the flag of a bear flag it can...
As seen on chart Parallel channel started from 1616 is completing. Retracements may be inexistent, short or far in between. Swing sells above 2100.
Price broke out of parallel channel and closed above resistance with a bullish hammer candlestick on weekly timeframe. Fundamentals seem positive. Target $190
Big rejection on the monthly logarithmic chart. The target area looks like around 62% down from ATH, or about 58% down from todays closing price. Around $364 or so.
FX:EURUSD is in the phase of a local uptrend. The reason is the decline in the dollar index on the background of weak fundamental policy. The target in this case is the 1.100 liquids area For two weeks in a row the dollar index ( TVC:DXY ) is trading with a negative fundamental background, which is quite favorable for the euro. As the price is inside the...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some days ago price made upward impulse to $59100 level, which coincided with support area and soon broke this level. Also, BTC started to move up in rising channel, where it reached resistance line, after which made correction movement. After this, price made...