As Bitcoin grapples with momentum after reaching a new all-time high (ATH), the approaching halving event casts a spotlight on significant price levels that could dictate the market's next big move. With the bulls facing resistance in pushing beyond the ATH, a retest of the 59K support seems increasingly plausible. The 59K level is the immediate support that may...
ALGO has been doing very well the past month or so, and is looking to do even better here shortly. The current wave 5 is generally the most explosive, and largest gaining. Although, the price action looks like it could potentially drop closer to the lower trend line (white line). This line has held very well so far since this uptrend started, and the wave pattern...
Ethereum (ETH) has been in a downtrend since November 2021. The price has been respecting the descending trendline and making lower highs and lower lows. However, the price recently broke out above the trendline and formed a three drives pattern. The descending trendline: The descending trendline is a bearish pattern that is characterized by two converging...
Hi Traders ! Previously, The EURUSD Formed a Bearish Double TOP Pattern. Currently, The Price Retreated To The Resistance Level and Failed To Break it ! So, I Predict a Bearish Move 📉 TARGET: 1.08080🎯
#RUNE/USDT #Analysis Description --------------------------------------------------------------- + RUNE has unmistakably breached the resistance and is currently consolidating within a defined range. + The successful retest of the price reinforces the bullish sentiment, indicating a potential continuation of the upward trend. + With this in mind, I anticipate...
LTC raised 600% in previous bull run after breakout . we can notice in weekly chart that the same scenario repeat it's self. successfull retest must be considerd to get 400% up. so must keep it in ur watchlist. don't forget to support us with ur like, comment and follow for more updates🎯
Hello Traders ! On Monday 11 March, The CHFJPY Reached The Support Level (166.798 - 167.394). The Price Formed a Double Bottom Pattern. Currently, The Neckline is Broken ! So, I Expect a Bullish Move 📈 I'm Waiting For Retest... --------- TARGET: 169.210🎯
Hey Dosto! 👋 🔍 Chart Analysis: Natco Pharma - CMP 980 📊 🚀 Reasons for Trade: Strong Uptrend Cup and Handle Breakout Retest 💹 Trade Details: CMP: 980 SL: 918 Targets: 1090, 1188 🌟 Why Natco Pharma? After a cup and handle breakout, Natco Pharma has retraced for a retest, indicating potential upward momentum. 💡 Trade Strategy: 📈 Enter after retest...
BANKNIFTY TRADE OPP As you can see the BANKNIFTY has broken out the h&S neckline. now we are in retest phase. if it comes to the neckline and find support of neckline we can see a blast upside. Same structure is observed in the hdfcbank. this is not in any means a trade/invest advice. pls consult your fa for any buy sell Reco. thank you.
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.
GBPAUD - there was a good correction to 0.5 FIBO which you could see on the chart. Also the zone of eclipse was so close to 200MA and diagonal resistance. The price reach out the supply zone which is strong one and if it breaks the zone, the possible entry should be taken in mind. The best entry is after retesting of the supply zone which may be will become demand...
GBPNZD has given the clean breakout of long term Head and Shoulder pattern. And now the market is retesting the broken level. sellers seems to be exhausted. if this breakout holds the next upside targets will be 2.0900 followed by 2.100
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...
Hello Traders ! On The Daily Time Frame, The USDCHF Reached a Resistance Level. Currently, We Have 2 Scenarios: Bullish Scenario📈 If The Price Breaks and Closes Above The Resistance Level, We Will See a Bullish Move... TARGET: 0.90130🎯 Bearish Scenario📉 If The Market Breaks The Neckline (0.87860 - 0.87426) and Closes Below That, We Will See a Bearish...
EURAUD has given the clean breakout of long term consolidation. And now the market is retesting the broken level. sellers seems to be exhausted. if this breakout holds the next upside targets will be 1.6700 followed by 1.6900
Is EURNZD exhausting at resistance zone? As the price is been on high bull run and broke out of the descending channel but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be...
GBPNZD has given the clean breakout of long term consolidation. And now the market is retesting the broken level. sellers seems to be exhausted. if this breakout holds the next upside targets will be 2.0600 followed by 2.0800
DXY is trading under the declining trendline . The price is reacting well the support and resistance of falling trendline. Currently the price is getting support from descending channel and now seems like the bulls are getting ready for some strong upside movement. If the bulls sustain to upside the optimum target could be 104.3 followed by 104.6 What you guys...