📊 Analysis: Current Level: Returned to the support at $2.73. Upward Trend: Aiming for the next resistance at $3.47. Crucial Level: Clearing and holding above $3.10 is important. Next Resistance: Positioned at $3.81. Lower Support: The wick stopped at $2.30. 📈 Trading Strategy: Action: Monitor for a sustained move above $3.10. Targets: Consider resistance areas at...
🔍 Strategy Overview: Condition: Testing the $3.00 - $3.15 support area. Entry Criteria: Ladder entry within the support zone. Targets: Aim for the next resistance levels at $3.45 or $3.65 - $3.80. Risk Management: Set stop-loss just below $2.80. 📢 Analysis: Utilizing laddering within a strong support zone provides flexibility. Keep an eye on market dynamics and...
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...
Stocks fall one after another ! We Saw a considerable decline in FB (Meta) Stoc k after earning report after hours of last trading session. What is happening for FB (Meta) in terms of Elliott waves? FB (META), has likely completed a primary degree ascending cycle started on 4th Sept 2012 at 17.55 USD . This cycle took 9 years to be completed therefore,...
SBILIFE Is ready to Free fall ?? SBILIFE is in a Rising Channel and Channel is Working from March 2023 Stock is around the resistance of the Rising channel. Resistance zone is coming around 1560-1580 Stock can fall till 1420-1430 Strong Support is around 1420-1430 That would be the Best Buying zone !! Disclaimer : We are not SEBI registered analyst....
--------------------------------------------------------------- Description --------------------------------------------------------------- + CRV broke-out the descending triangle and headed towards the next resistance + This is a good opportunity to enter the trade. + We can expect the price to reach upto 0.6469...
#ORDI/USDT Analysis Description --------------------------------------------------------------- + ORDI is clearly around the support zone, i see two support zone for the ORDI to bounce back from + 1st Support is around 59.794 and second one is around 56.266 I'm expecting the ORDI to bounce back between these two support zones + If the this support range breaks...
Bullish divergence on the Relative Strength Index (RSI) indicates a promising outlook for BINANCE:COTIUSDT , suggesting a potential uptrend in the near future. This divergence typically occurs when the price of an asset moves in the opposite direction to the RSI indicator, signaling a potential shift in market sentiment. Moreover, recent price action has shown...
#SC/USDT Analysis Description --------------------------------------------------------------- + SC is currently moving towards the support line, if the it goes in this direction i'm expecting a nice double top pattern which is more bearish for SC. + I'm expecting this trend to continue and hit the next support before consolidating. + I'm not waiting for double...
#STG/USDT Analysis Description - STG has formed a nice descending triangle and currently in decision phase of whether this will breakout upwards or downwards. - No matter in which direction the price breaks the triangle I see a good trade opportunity. - If the price breaks above the resistance line then we can enter a LONG trade around 0.6593 - If the price...
BINANCE:RNDRUSDT (4H CHART) Technical Analysis Update RNDR is currently trading at $7.325 and currently its inside a descending the triangle, a breakout The price can break up or down of the descending triangle, we will enter the trade based on the direction of the breakout >> SHORT TRADE << Entry level: $7.787 Stop loss level: $ 6.998 Target 1: $ ...
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...
✅EUR_USD is giving us Mixed signals but The pair is still above The strong horizontal Support of 1.080 so after the retest We are likely to see A bullish move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
BINANCE:OPUSDT (4H CHART) Technical Analysis Update OP is currently trading at $ and currently price is at the resistance line We can expect price to either breakout from the resistance or get rejected from the resistance. We will enter trade based on whether price will get rejected or not. LONG Trade Details (only after confirmed Breakout) Entry level: $...
Hello,Traders! EUR-NZD keeps falling down But a strong horizontal Support level of 1.7395 So after the retest I think That the pair will make A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
After several short-term analyzes regarding the CHZ currency, this time we will examine the currency in the long term. In the weekly time, it is moving in a descending channel, which has made a zigzag correction in the form of wave 2 correction with the bottom of the 50% Fibo range. It is currently in wave 3 of 3. At the moment, it has returned 100% of the wave,...
Hello,Traders! EUR-CAD is making a Bearish correction after A strong push upwards But the pair will soon Retest a horizontal support Level of 1.456 from where I think we will see a Bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Solana had a bullish flag breakout in the longer timeframes (check my other related Daily analysis). Currently, a potential technical setup might play out for a shorter-term trade or addon to the first one. We have an AB=CD measured move. Volume profile - notice how the first bullish bar that reacted from the support level occurred on higher volume compared to...