Hello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price some days ago reached the support level, which coincided with the support area inside the upward channel and after two times it rebounded below. After this movement, Ripple turned around and in a short time rose to the resistance line of the channel,...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently, the price entered to rising channel, where it bounced from $65800 level and started to move up. Later BTC made correction to support line of channel and then made upward impulse to resistance line, breaking $71300 level. After this, it turned around...
FX:EURUSD is breaking the structure of the ascending channel and the market is trying to change the trend on the background of the strengthening dollar index. The market is waiting for news from FOMC & FED today. Globally, we have a neutral range in the format of a symmetrical triangle, with strong resistance at 1.095 - 1.10 inside, which restrains the price...
It is expected that the price will change the trend in the current support range and we will see the beginning of the upward trend Otherwise, it will be possible to continue the corrective process up to the Fibonacci levels. Then there will be a possibility of trend change in this range
NYSE:GIL Analysis: Uptrend Persists Despite RSI at 38.26 - Potential Opportunity 📈 Introduction: Despite a recent pullback, GIL (Stock Symbol) remains in a strong uptrend within a parallel channel. The bounce off support at $33.41 is noteworthy, but traders should be cautious as the Relative Strength Index (RSI) currently sits at 38.26. This analysis explores...
After breaking downward the channel, we can see the RSI showing a overbought level, with the DMI going lower after a peak. The volume looks to be also decreasing, with sellers losing strength.
QQQ is down over 1% today and falling out of the channel it's been in since October. It's quad witching today so could not be a coincidence that the market might be changing phases. An obvious spot for support would be the 50 EMA down between $425-$427.
BINANCE:DYDXUSDT KUCOIN:DYDXUSDT Hello traders. I believe in DYDX, why? Because this all-season (before or after halving) DEX (decentralized exchanges) are going to be under more attention. right now, there are 3 scenarios in front of the traders. in 1 & 2, the price can retest the 2- or 4-hour Bollinger midline and then retest the lower level of...
GBPJPY is very bullish after the BoJ rate hike. The price is currently testing a resistance line of a horizontal range on a daily. Its bullish breakout - a daily candle close above, will be a strong trend-following signal. A bullish continuation will be anticipated at least to 193.0 level then. ❤️Please, support my work with like, thank you!❤️
Hello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price some days ago entered to range, where it first declined to the resistance level, which coincided with the bottom part and resistance area, after which ETH turned around and started to rise. Later, the price rose, after which made correction back to the...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price not long ago entered to wedge, where it first rebounded from the resistance line and quickly declined to the support line, breaking the 64900 level, which coincided with the buyer zone. After this, BTC bounced from the support line of the wedge and made a...
As evident from the chart, the price is not only currently trading towards higher prices within a rising channel line but has also established a valid breakout from a very long-term daily timeframe inverted head and shoulders pattern. This phenomenon suggests a high possibility of a bullish move in this currency pair, and we might witness much higher prices in...
Hi guys, this is my overview for XAUUSD, 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 $2020 level. But soon it turned around and rose back, breaking this level again and later reaching resistance line. After this, price made a small...
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 Recently price has grown in rising channel, where it reached resistance line, after which it made correction. After correction, BNB bounced up from support line to resistance level, which coincided with resistance area. Soon, BNB broke this level, exited from...
SUI is trading in a clear upward channel and currently the price is trading near the bottom of the range or area of support. One can look to go long any price below 39.00 with minor resistance at around 43 - 43.20 initially. Stop loss is a close below 36.70
Hello Traders ! The BTC Price Formed an Ascending Channel. Currently, The Support Line is Broken ! The Higher Low is Broken (ChoCh) So, I Predict a Bearish Move 📉 ------- TARGET: 63900.00🎯
Building on the insights from my previous analysis , the Harmonic pattern 5-0 has emerged on the BTC chart on the 1H timeframe. This pattern is a relatively uncommon find, yet it's a powerful indicator of a potential trend reversal. With the pattern's completion, BTC appears poised to fill the gap indicated by the lower wick of a candle on the left side of the...
Technically a rising channel in what looks like a uptrend can be a sign that reversal could be in play in the possible future and price to retrace back to the higher low which is the support before trending upwards again. support and resistance zone are our areas of play and chart pattern happen with that area , it is only a matter of understanding technical...