🔍Cardano (ADA) has broken above its previous resistance level and formed a higher high on the weekly timeframe. The coin has also successfully broken through the supply zone at $0.6 and activated a rounding bottom pattern. 🛒Currently, ADA is in a good position for a long trade. However, if you want to be more conservative, you can wait for a pullback to the $0.65...
The cryptocurrency Next is on the verge of breaking its all-time high (ATH) of $0.41390 on the weekly chart. If the price breaks above this resistance level, it could signal further gains for the token. However, if the price fails to break through this level, it could find support at $0.34618, the next key level is $0.31143. Technical Analysis: ...
The USD is facing a key resistance level at 0.64537. If this level is broken, the currency could fall to a monthly resistance level at 0.63403. This week there are some important news events for the USD. These include: The US Federal Reserve interest rate decision The US non-farm payrolls report The US trade balance report These events could have a...
After forming of the desceding channel the price reached to supply zone combine with resistance line. The resistance line is not so hard because the prices have touched it only 2 time and now is the 3rd. Everything depends on the data which eurozone will share. If they are positive for the EUR then may be after a retest, an idea for long position will be great. If...
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...
GBPJPY faces a critical juncture this week, with a formidable monthly resistance level at 193.659 coming into view. If the pair can surmount this hurdle, it could unlock a significant upside move towards 214.005, with limited resistance in the way. Technical Analysis: GBPJPY has been in a strong uptrend since the beginning of the year, gaining over 17%. The pair...
The cryptocurrency ARB is getting close to its all-time high (ATH) of $2.1514 on the weekly chart! If the price breaks above this resistance level, it could signal further gains for the token. However, if the price can't break through , it could find support at $1.7156, which was the previous ATH. Technical Analysis: Resistance: $2.1514 Support:...
📈✅Bitcoin is the largest cryptocurrency by market capitalization. It has been on a bullish trend since the beginning of the year. 🔍Bitcoin has broken out of the primary resistance at $30,750 and has started a new primary trend. The price is currently in a very important supply zone near the ATH and we can expect a correction or pullback. 🚀The ascending channel...
IGL may give Huge Breakout !! IGL is Making Hut pattern after an uptrend Possibility of Breakout is huge because its a continuation pattern We may see huge upside after breaking the resistance If stock comes down we can see support is around 370-390 level Breakout confirmation is above 480-500 Current price is around 450 Targets are around 900-950...
In time D1 and W1, it is moving in a long-term ascending channel. After exiting the density and an upward correction, the zigzag is currently moving towards the targets specified in the chart in the microwaves of the 3rd ascending wave. In the weekly time, the first supply range must be broken to continue the path to open the path for the next targets. Therefore,...
West Texas Crude Oil Long Price has come back up to the important psychological level of 79.000. We can see that previously this area has acted as strong resistance and support. In August last year we saw price find support here before continuing upwards. Since November last year we have seen it act as an area of resistance. On last weeks close we had price...
After a breaking of the main bullish trend, there is a quick short movement. The price did a correction to 0.5 of Fib + supply zone combined with resistance line. This could be followed by a quick short movement to demand zone where doble bottom could be formed. There is a risk because the main movement is upwards and the correction of the main movement was done...
ICP has been on a tear since breaking out of its weekly accumulation box. The price has surged over 50% in just a few days and is now approaching its next major resistance level at $13.61. A bullish engulfing candle on the weekly chart suggests that the bulls are in control and that the price is likely to continue its upward trend. If the price can break above...
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...
#LOOM #Analysis Description --------------------------------------------------------------- + LOOM is forming a nice saucer pattern. This is a bullish pattern and we can expect the price to pump if the price breaks out from the resistance range. + As of now the price is below the resistance range, we need to wait for the price to hit the resistance range and...
Nifty Bank is move upside around 2.5% in today session and in the category of top index gainers. If we closely look the Bank Nifty chart, we can see the breakout on daily time frame with good decisive candle. INDUSIND BANK is the top gainer in the BANK NIFTY, along with Index it give breakout. As we can see in the chart INDUSIND BANK shrink the range from the last...
📊 Analysis: Current Position: ILV is hovering above a previous resistance, now acting as support. Potential Retest: Strong chance of retesting $110. Target: Aiming for $133, presenting a potential 20% move. Next Support: $93 is the next support level. 📉 Possible Scenario: Retest Scenario: Potential retest of $110 before targeting $133. Support Scenario: Watch for...
Altcoins with small capitalization (young/new) have already made huge increases in the bull market, and what about altcoins with larger capitalization? The boom doesn't apply to them? I present to you possible growth scenarios with potential key places for continued growth. The first scenario assumes increases after repeating the 1:1 black correction, i.e. wave 2...