Hi folks today I'm prepared for you Ethereum analytics. Some time ago price rebounded from the support level, which coincided with the support zone and started to rise, but after ETH little rose, it turned around and made impulse down lower the 3445 support level and even the support zone. But soon, the price turned around and in a short time rose back and even...
Hi folks today I'm prepared for you Gold analytics. A few times ago price declined to the support zone, after which it at once rebounded up, thereby making a fake breakout of support 2. Then XAU some time traded near this level, after which it repeated movement down, below support 2 and in a short time backed up and started to grow. Later Gold entered to pennant,...
Hey Traders, in tomorrow's trading session we are monitoring GBPUSD for a selling opportunity around 1.27900 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.27900 support and resistance area. as we approach the Fomc next week fed may go for another hike due to the persistent inflation as both...
Hey Traders, in today's trading session we are monitoring XAUUSD for a selling opportunity around 2170 zone, Gold is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2170 support and resistance area. Trade safe, Joe.
hello trader" what do you think about bitcoin --- "Bitcoin Analysis Update: Bitcoin has entered a demand zone, with the current price at $67,680. The market is currently testing the $65,174 level. Keep an eye on resistance at $68,432, which presents a good selling opportunity. Consider setting a stop loss at $70,500."
After price broke structure to the downside with momentum, it preceded to retrace back towards a very extreme supply zone that it left behind during the expansion. It has currently formed liquidity below this supply zone that it could use to fuel its move further to the downside to break the recently formed weak low. The reason a short would be ideal now is...
Attention Traders! 🚨 We're keeping a close watch on USDJPY for a potential selling opportunity within the 150.30-150.60 zone. 🎯 USDJPY in a correction phase, approaching the retrace area near 150.30-150.60 #TradingAlert #usdjpy #technicalanalysis
There is a chance that price could continue bullish from here, BUT I can NOT ignore the fact that there is a weekly head and shoulder possibly printing. Which will send price bearish for quite a bit. On top of price not really breaking this area of price since 2021. This is a key level of price for EU. There has been 4 bearish engulfing candles in this area on...
Hello,Friends! We are now examining the EUR/AUD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 1.642 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are going short on the SILVER with the target of 23.626 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Today, Bitcoin ventured to the pinnacle of its extended ascending channel, experiencing a distinct rebound. This bounce introduces a heightened risk of mounting downward pressure, potentially leading to a 20% decline in BTCUSDT. The rationale behind this projected drop lies in the proximity of the nearest support level at $57,981, aligning with the 38.2% Fibonacci...
Hello,Friends! The BB upper band is nearby so EUR-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 161.214. ✅LIKE AND COMMENT MY IDEAS✅
Take a look at our analysis for DXY. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 103.447. The above observations make me that the market will inevitably achieve 103.003 level. P.S Overbought describes a period of time where there has been a...
Here is our detailed technical review for AUDNZD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.077. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.073 level. P.S We...
Please, check our technical outlook for GBPNZD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 2.091. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2.078...
Hello,Friends! Bearish trend on EUR/CAD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.467. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for US500. Time Frame: 17h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 5136.3. Considering the today's price action, probabilities will be high to see a movement to 5042.5. P.S Overbought describes a period of time where there has...
BINANCE:RSRUSDT (4H CHART) Technical Analysis Update RSR is currently trading at $0.006682 and showing overall bearish sentiment Price currently broke down from the resistance and showing continued downward momentum Entry level: $0.006180 Stop Loss Level: $ 0.006682 TakeProfit 1: $ 0.005909 TakeProfit 2: $ 0.005715 TakeProfit 3: $ 0.005277 Max Leverage: 2x ...