Hello Everyone, Brent represents a comprehensive buy opportunity at this particular juncture, with further potential upside anticipated in the near future! TradeWithTheTrend3344
Hello Everyone, The NAS100 appears to have found support slightly above its weekly support level and is now approaching monthly support. It's crucial to observe whether 17877.066 acts as a resistance or if the price manages to find support and continues its upward trajectory. Despite a notable presence of sellers, the long-term outlook for NAS100 remains...
Hello Everyone, The XRP/USD pair is gradually shifting towards a bullish trajectory, with confirmation from the weekly pivot point (PP). The upcoming test of the daily pivot point as potential support will be crucial in validating this trend. Presently, the overall outlook appears promising. TradeWithTheTrend3344
Hello Everyone, LTC/USD holding above the 1-year, 1-week, and 1-day Pivot Points signals a bullish trend and suggests potential for further upward movement! TradeWithTheTrend3344
Hello Everyone, DASH/USD is currently maintaining its position strongly above the weekly Pivot Point (PP), indicating resilience. To solidify further bullish sentiment, it's crucial for the price to establish stability above the daily Pivot Point (PP) as well. A secure entry opportunity arises when the price settles within the monthly support framework,...
Hello Everyone, Long-term prospects for BCH/USD appear favorable, with 460.946 serving as a robust 1M support level. Any potential breach of this level could prompt additional testing of support. However, overall, the enduring trend suggests a solid bullish trajectory in the long run. TradeWithTheTrend3344
🏃♂️ EURUSD is moving in the 🟢 Support zone($1.0695-$1.0626) 🟢, but I expect it to be broken based on the explanation below 👇. 🌊According to the theory of Elliot waves , EURUSD seems to have completed the Double Three Correction(WXY ) in the 🟢 Support zone($1.0695-$1.0626) 🟢. 📈Regarding Classic Technical Analysis , EURUSD has successfully formed an ...
Hello Everyone, There hasn't been significant change in the status of the ETH/USD pair since last week. Long-term, it remains a strong buy. What we require now is a consistent, stable position above the weekly pivot point (PP), and ideally, surpassing the daily PP as well. It's worth noting the significant monthly support at around 3075.471, so it's crucial for...
CRYPTOCAP:BTC has formed a rising wedge that it broke down from. What would make the most sense to me here is for BTC to test the top of the rising wedge to confirm resistance and then to break down to the lower support levels between $58k-60k. After that I think we'll then go up to test the top of the range between $76k-78k (which I believe will be the final...
Hello Everyone, The recommendation for BTC/USD remains bullish, with the current price hovering around robust monthly support at 63,252.91. Despite ongoing selling pressure, the focus is on maintaining this key support level to pave the way for a bullish confirmation and subsequent price increase. TradeWithTheTrend3344
Hello Everyone, Long-term, NZD/JPY appears favorable for buying, with a significant resistance anticipated around 95.215. If the price manages to hold firm at this level, it could signal potential for further upward movement. Currently, there's increased selling pressure in anticipation of a bearish shift. However, the price is currently positioned above the...
I know everyone is bullish BTC and miners here, but the charts still don't look great even after the bounce. I think what's most likely from here is that we sweep the lows before getting a sustained trend higher. We're rejecting off resistance here at $12. I think this is likely to lead to a strong move to the downside. We have a ton of gaps to fill from the...
Traders, Keep a close eye on the Revised UoM Consumer Sentiment release, as any bearish surprises could sway market sentiment, particularly favoring a stronger dollar. Adjust or remove orders accordingly based on the outcome. Here's a breakdown of our analysis: Daily Chart: We maintain a bullish outlook, having responded positively to the bottom of the...
Traders, We foresee a bearish trajectory for EUR/USD, based on the following observations: Bearish LR Channel: The top of a bearish LR channel, coupled with a STDEV of 2, aligns closely with the current price level. Cluster of Weekly Pivots: Notable cluster of weekly pivots is evident on the 4-hour chart, indicating significant levels to watch. Daily Chart...
Hello Everyone, EUR/JPY remains a favorable long-term buy, although current market activity shows sellers entering the scene. Presently, daily support levels have effectively propelled the price upwards, offering substantial reinforcement. Analysis of price movements indicates no immediate signs of a bearish reversal. Nonetheless, there exists formidable yearly...
Major trend. This idea is a continuation of a closed idea on this pampa coin published 1.5 years ago before a series of significant pumping (in a bear market) in the process of forming a channel with a wide range. PUNDIX/USDT Major trend. Downtrend channel. Pivot zone The main trend is a descending channel. Now the volatility is narrowing under the descending...
Long-term target based on the latest BoJ interest rate hike and signs of a positive outlook for Japan's economy. Technically the pair is scraping around .618 FIBO level which is 195ish - there's still some room to hit the level. 1st target = 170 (0.382 FIB) 2nd target = 160 (156-157 - resistance/support of the past price action).
Logarithm. Time frame 3 days. Locally, a descending wedge is forming, almost in its final phase. Note that the trading volume is minimal, and is decreasing. 🟢If there will be its breakout — the local potential is shown. That is fractal repetition of the movement as before. 🔴Breakthrough down to the lower zone of the channel — to begin with the rebound of the...