The day before yesterday (March 16) there was a very large unlocking of ARB tokens. Exactly, as many as 1.1 billion ARB tokens appeared on the market, whereas before there were 1.45 billion of them in circulation. On this day, due to such high supply pressure, we broke out of the triangle formation (marked in white) and are currently in my first buying zone from...
Hello everyone, let's look at the 1H ETC to USDT chart, we can see the movement inside the side triangle marked with blue lines. Let's start by setting goals for the near future that we can include: T1 = $36.81 T2 = $38.14 AND T3 = $40.33 Now let's move on to the stop-loss in case of further market declines: SL1 = $35.78 SL2 = $34.60 AND SL3 = $32.69 Looking at...
Hello everyone, let's look at the 1H BTC to USDT chart, as we can see, the price remains on the local upward trend line, breaking it may result in a greater recovery. Let's start by setting goals for the near future, which include: T1 = $73,206 AND T2 = $76955 Now let's move on to the stop-loss in case the market continues to decline: SL1 = $71,350 SL2 =...
Hello everyone, let's look at the 4H BNB to USDT chart as we can see that the price has broken out of the local uptrend line. Let's start by setting goals for the near future that we can include: T1 = $575 T2 = $618 T3 = $649 AND T4 = $689 Now let's move on to the stop-loss in case of further market declines: SL1 = $512 SL2 = $484 - $469 AND SL3 = $425 Looking...
gold price made triple bottom at 1620 since then it is rising but crowd is now bullish at top at $2100 price level if buy the rumor sell the news is real then hedge funds already front running rate cut by fed same like at bottom $1620 in september 2022 👉 nobody talking where gold will be 18 months from now 👉 what will be next macro theme for gold 18 months from...
🍣📈Weekly Channel Breakout and Retest: MINA previously broke out of its weekly channel and reached its target successfully. The recent breakdown below the channel indicates a loss of bullish momentum and potential for a retracement. 🔍📉Corrective Phase and Resistance Levels: If MINA undergoes a correction, it is likely to retrace upwards until reaching its weekly...
Hello all! The big bullish divergence combined with demand zone on the 1H Timeframe. After closing a big bullish candle we could have a look for a entry. Please consider this only like an idea.
After reaching a supply zone for the GBP may be it is time for correction. There is bearish divergence on the RSI 1H timeframe which I am thinking is going to happen. The TP zone could be the eclipse which is on the resistance zone. The other important thing is that the 200MA could be support zone which is not sure that the price will break. Do your own reasearch...
After forming of the desceding channel the price reached to supply zone combine with resistance line. The resistance line is not so hard because the prices have touched it only 2 time and now is the 3rd. Everything depends on the data which eurozone will share. If they are positive for the EUR then may be after a retest, an idea for long position will be great. If...
GBPJPY faces a critical juncture this week, with a formidable monthly resistance level at 193.659 coming into view. If the pair can surmount this hurdle, it could unlock a significant upside move towards 214.005, with limited resistance in the way. Technical Analysis: GBPJPY has been in a strong uptrend since the beginning of the year, gaining over 17%. The pair...
The cryptocurrency ARB is getting close to its all-time high (ATH) of $2.1514 on the weekly chart! If the price breaks above this resistance level, it could signal further gains for the token. However, if the price can't break through , it could find support at $1.7156, which was the previous ATH. Technical Analysis: Resistance: $2.1514 Support:...
After a breaking of the main bullish trend, there is a quick short movement. The price did a correction to 0.5 of Fib + supply zone combined with resistance line. This could be followed by a quick short movement to demand zone where doble bottom could be formed. There is a risk because the main movement is upwards and the correction of the main movement was done...
ETC in pair with USDT, testing previously broken resistance. Holding it may be a good entry into long positions, with a potential increase to around $38. More explanation in the chart :)
After a good movement for the GBP there was a slightly bear movement in the last days of this week. There was one new small bear canal which has been forming during the last days. As the last candle from Friday 01.03.2024 was a bear with a significant movement for JPY we could start looking for a short idea. The best variant to enter in a position will be after a...
Altcoins with small capitalization (young/new) have already made huge increases in the bull market, and what about altcoins with larger capitalization? The boom doesn't apply to them? I present to you possible growth scenarios with potential key places for continued growth. The first scenario assumes increases after repeating the 1:1 black correction, i.e. wave 2...
Overall the trend should be our friend. NZDUSD is in big bearish trend and after a sharply down movement it is time for a tiny correction. There is a bullish diviregence on the RSI 1H time frame, which may be is going to happen. Once the correction is done and the price hit supply zone it is good idea to look for a enter after candlestick confirmation or bearish...
After a good bullish rally for AUDNZD, the pair reached the horizontal resistance zone combined there with a supply zone. From the perspective of RSI there is bear divergence on 1H time frame. It is a bit risky to enter in a sell position right now, but if we have a good candlestick confirmation it would be great. However, the stoploss could be outside the supply...
Gold is following a downward trend line in the 4-hour time frame and has formed a short-term ascending channel! Gold is currently at a very important resistance zone of 2035 - 2039. Here we have two possibilities: 1. Gold may fail to break above this resistance and continue its downward movement from this area. 2. Gold might break above this resistance with...