Take a look at our analysis for US30. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 37933.77. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 37492.88 level. P.S Overbought...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some days ago price entered to rising channel, where it first declined to $40500 support level, which is located in support area. BTC some time traded near this area, after which it bounced and continued to rise to $45500 resistance level. A short time later...
Hello,Friends! CHF/JPY pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 169.798 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
SEI is a project that I have a lot of interest in this bullrun. It boasts the fasted blockchain in the industry and a focus on trading. A v2 upgrade is also on the way, SEI v2 will become the first parallelized EVM blockchain. Staking incentives too with possible airdrops on the network. SEI's price has increased 250% in the last month and the chart suggests a...
Hello,Friends! GOLD is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level...
Hello,Friends! USD-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 145.842 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USD/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! Previous week’s green candle means that for us the GBP/NZD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 2.067. ✅LIKE AND COMMENT MY IDEAS✅
There are two scenarios for Bitcoin in the short term : 1 - Bitcoin can start a downward movement from 47k area to the bottom of the descending channel which is around 38k-39k 2 - or stabilize its position above 47100 and move towards the top of the ascending channel which is around 50k The most important area is 45600 which is the midline of the ascending...
✅AUD_USD surged again to retest the resistance of 0.6620 But it is a strong key level So I think that there is a high chance That we will see a bearish pullback and a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅GBP_NZD has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance of 2.0963 Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-USD made a pullback From the horizontal resistance Of 1.0904 and is going down Now so I think that the pair Will keep falling Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
We don't have a complete breakout on the H4 Just yet but its coming. Price has moved very strong to the downside. we will be looking for further positions to continue.
Hey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.89000 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.89000 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.82300 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.82300 support and resistance area. Trade safe, Joe.
In order to alert you, signals of a correction before the next halving are on the table. In first place, a huge divergence on the price in concordance with the rsi. Similar one to the 2021 dump of price, nevertheless i think this won't be as fatal as that one. I expect a healthy retracement to 35-32k according to the fibonacci indicator, further could be...
Hello Traders! I see a confirmation of the market structure changes on M15 AUDJY. I Will execute a short trade as I expect a bearish move until the BOSS. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and...
Hello,Friends! We are targeting the 21.949 level area with our short trade on SILVER which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! GBP/CHF pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.090 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...