📉Hi Traders, Investors and Speculators of Charts📈 Shiba was unable to breakout above the recently formed pennant pattern in the weekly timeframe. Usually pennants are bullish but if the pattern fails a huge downside can be expected, indicating weakness and dominant sellers. The next likely support is only at the moving averages, with both the 50d and 100d...
Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price some time ago rebounded from the support line, which coincided with the 2305 support level and buyer zone and started to rise to the 2380 resistance level. When the price reached the 2380 level, it soon broke it and rose to the resistance line, but then Gold...
I am more in a camp of "bitcoin will go down with nasdaq" rather than "bitcoin is an inflation hedge, a gold 2.0".
Hi guys, this is my overview for GBPUSD, feel free to check it and write your feedback in comments👊 Some days ago price broke $1.2615 level and entered to resistance area, where some time traded and later bounced up. After price rose to $1.2885 points, it started to decline inside the falling channel, which fell to $1.2615. Later GBP broke $1.2615 level, after...
📉 Bitcoin Analysis: Rejection from Bear Flag Pattern on 4-Hour Chart 📊 Analysis: Bitcoin appears to be rejecting from a bear flag pattern on the 4-hour chart, indicating potential further downside. 💲 Current Price: Bitcoin is priced at $64,100, showing signs of downward pressure. 📉 Measured Move: The measured move of the bear flag pattern points to a target of...
This past week we bounced off of LT support in our large pennant. We could still break bearish or bullish, but right now we're at the low-end of the pennant. Buy below $160, sell closer to $200. This can go on for the rest of 2024 and into 2025.
Hello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price some time traded between the resistance level, which coincided with the seller zone, and after the price broke it again, ETH turned around and in a short time declined to 3230 points, breaking the resistance level one more time. Then the price a few...
Hi folks today I'm prepared for you Swiss Franc analytics. Some time ago price declined to support 2, which coincided with the support zone, and soon broke this level and fell even lower support zone. But later CHF turned around and rose to this area and some time traded in, after which price even rose higher to support 2, but soon declined back. After this...
BINANCE:BNBUSDT BNB has created a bullish pennant pattern which means It's about to do a bullish movement which is great for bulls. The break out has not happened yet. When it happens the price shall increase as much as the pennant's pole. Note that there are 2 resistances along the way. One sits around 630$ and the other is around 670$( big resistance which...
Waiting for a new higher low retest above recent lower high (0.85703), near Fibonacci zone of 0.50 and 0.618 where high probability set-up's occur. The recent breakout could also be a sign of a trend reversal as confirmed by a bullish pennant chart pattern.
Commercial real estate "..talk of black swans of an economic nature forcing the Fed to print trillions again. Commercial real estate may be the next domino to fall. Back in 2008, default rates rose to 9%, up from 1%, as interest rates rose. Today, the damage to commercial real estate loans which total about $2.7 trillion could be far greater. Over 40% of the US...
Hi folks today I'm prepared for you Gold analytics. A few moments ago price reached the support level, which coincided with the support zone, but at once rebounded and declined to the trend line. After this movement, XAU turned around and made a strong impulse up, breaking the 2300 level, after which it rose a little more. Later Gold corrected, after which in a...
Hello traders, I want share with you my opinion about British Pound. By observing the chart, we can see that the price a not long time ago started to decline inside the downward channel, where it first rebounded from the support line and rose to the channel's resistance line. But after this, EURGBP bounced from this line too and continued to decline in the channel...
NYSE:GS price recently broke out from a pennant, and the price seems to be bouncing from previous high. If we properly get a pullback from here to around 322-330 usd, it would be a great oportunity to buy and hold until 470-500 usd. The price has yet to test the top of the pennant and the trending line aswell. Breaking the trendline could make the current...
NYSE:YPF breaking out from a massive pennant and doing new local highs, waiting for a pullback to 10 usd. Amazing opportunity to buy between 7 usd and 11 usd and hold very long term or sell at 35 or 50.
ZALANDO making a breakout of a two resistance, a nice bullish divergence working out aswell, looking forward for a higher high or a retracement to 10 usd to buy. Selling in 44 or holding until 80 usd.
OXY is on the verge of breaking through a major resistance line which was first touched over a decade ago. As the daily chart repeatedly bumps up against, but not crossing, this key resistance line, multiple factors make OXY a screaming buy.
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 Recently price started to trades in flat, where it once bounced from support level and rose to $611 resistance level. But soon, price turned around and declined back to $550 level, which coincided with support area. After this, BNB in a short time rose to...