In the 1-hour chart, I analyze the fixed range volume profile for over 2 months. The highest trading volumes are clearly visible, which also makes the prices strong points. At the moment, it is at a support point, but if the downward trend of the last few days is followed, it is highly likely to rebound to the price of 0.1245 euros and then we may have an inflow...
Classic head and shoulders on the 1hr timeframe. Looking at a low of .66 which is also current support for now. There is also a bullish trend line on the longer time frames which must stay in tact. We could be seeing a bullish reversal after confirmation of support level .66 and if broken we are looking at .60 and lower.
Uncertain EURUSD, but These Levels are likely Important Dear Esteemed Members, I know when I say the EUR can go up or down, doesn't seem to be useful, but I believe the outcome depends on resistance or support break and fundamental factors. As per the latest technical analysis updates, it is widely agreed that the EUR/USD exchange rate is currently...
Today's focus: USDX Pattern – Minor Support. Support – 102.06 Resistance – 102.52 Hi, and thanks for checking out today's update. Today, we are looking at USDX on the daily chart. Today's video asks if USDX will continue to hold short-term support at 106.06 and make a new move at testing resistance, or is this just descending triangle price action, which in...
ARKK found support last week around the $48.50 area, and is currently surfing the 200 EMA on the 65min chart. Two open gaps to the upside leave this with plenty of room to run back up to the local high from late December.
LSE:TIA retraced into its range, finding support at $11.45-$11.80 and $9.00-$9.40. The 4H RSI shows early signs of a reversal. Next resistance is at $16.00-$16.50, a level with previous rejections. 📈 #Crypto #Trading #BTC #TIA
On 15 Min Timeframe, FINNIFTY trading important levels. Time to wait for either breakout or Breakdown (reversal) for the Finnifty. Breakdown Move - Confirmation for breakdown will be if Finnifty starts trading and sustain below 21450 level - Downside rally nearly 300 points expected in case of breakdown - Intermediate support expected near 21250- level - Short...
I was just looking at the MARINADE MDE-USD COINBASE chart and had a hard time thinking this is the top. What does the volume tell you? Where is support? Where is resistance? Does a trade make sense? What timeframe are we basing actions on? Just a few of the things I think about. Because the BTC ETF decision is so close, I'll be quick to cut any trade....
Hello Traders, As we approach tomorrow's trading session, our focus is keenly set on NAS100, where we are eyeing a potential buying opportunity around the 16150 zone. The current market dynamics reveal NASDAQ trading within an established uptrend, and the ongoing correction phase is bringing it closer to the pivotal 16150 support and resistance area. Delving...
If you caught the short opportunity on the previous Fib3 Bat I mentioned months ago, congrats on the 836 pips (~8,360 USD/lot) gain! (Link to related analysis available in post) My overall stance on USDJPY remains bullish. For those eyeing buying opportunities, keep an eye on the daily chart for a potential market retest at 142.47 (refer to the left...
NYSE:JPM is the last Bank that has been able to hold onto its Dow 30 component status. It is running up on a combination of buybacks and ETF development for Dow 30 index components. The stock is over-speculated heading into the earnings season. Volume Oscillators show the extreme pattern clearly. So even minimal weakness in the earnings report could cause an...
BP appears to be Double Bottoming above the previous All-Time-High-Resistance and is Bullishly Diverging on the RSI and MACD. If this level hold, BP has room to go all the way up to around $50 which would also align with the 1.618 Fibonacci Extension. I personally think that out of all the big Oil Companies like XOM and CVX, BP presents the better value and would...
EURUSD is testing trend support, a second retest is formed and the chances of breaking this line are increasing. There is news ahead and if the market gets bad news for the euro, the price may break this area and fall to 1.075 on the background of the dollar growth Prerequisites for further declines: 1) The dollar is fundamentally stronger 2) NFP is ahead, which...
✅AUD_NZD is going down now But a strong support level is ahead at 1.0750 Thus I am expecting a rebound And a move up towards the target at 1.0774 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Our attention caught the SHIBA coin, which has amazing potential for some significant movement to happen soon! We pointed out most major zones here and potential scenarios to happen on this coin, and the rest is up to the coin to choose the direction. What would be your entry point? Swallow Team
Still expected to continue increasing to 47000-48000 - Yesterday, an officially unconfirmed bad news about the SEC refusing to approve all Bitcoin ETFs in January caused BTC to drop 10%. But the uptrend is still valid as long as it has not broken the support trendline area - If you buy according to the uptrend, DCA is in the area 41000-42000, SL: 39800. TP:...
Hello Traders, welcome to today's analysis of Dollar Index. -------- Explanation of my chart analysis: DXY (Dollar Index) has been forming a triple bottom all the way back in 2008 and has been rising ever since. With the recent break above the psychological $100 level, the DXY is once again confirming the bullish strength. If DXY doesn't break below this area,...
Buy Zone: Consider buying within the support zone between $0.02626 - $0.02750. Take Profit Targets: 🎯 $0.037 🎯 $0.043 Manage your stop loss according to your trade strategy and risk tolerance. Confirm market conditions before executing trades. 📊💹 #ZEE #USDT #CryptoTrading 🚀📰