Prices are still hovering near the descending trend-line level at 0.8470/90. A weekly close above here will accelerate the upward move that can drive prices higher toward 0.8620 and 0.8740 through 0.8530 and 0.8575. We recommend building long positions at market with a stop loss level at 0.8327.
As you can see in the chart in TIME FRAME 1H this is the pattern that we are in since I do trading based on patterns and the break outs so just use my analysis for short term not for holding or long term just take the advantage of market movement Keep eye on the chart and wait for it to make it long or short the targets are in the chart THIS IS NOT FINANCIAL...
Near/USDT 1h got Breakout from Asscending Triangle wait for Retest and Long the Position
After forming the cup and handle , the movement is expected to be ascending and equal to the amount of dip to ceiling of the cup. So after forming a small handle, we expect an increase of 28.7%. The existence of a 1,260 key point confirms our conjecture. After reaching the 1.260 target, we expect a correction to short-term bullish channel floor.
Unfortunately it seems Bitcoin is following a similar pattern of price action as it did in 2018 during its near 50% correction during a long and drawn out bear market. This consolidation before dropping below support has incredible similarities, and could come into fruition within the next few weeks if price action continues this way. Especially considering the...
Gold has been looking really weak after it reached its last high, looking at a possible major drop of price as the day goes on
Asiab Paints have broken all its key moving averages levels. Rising Crude Oil prices hurting it more. No fresh buy is recommended at this level. No, Any Strength was seen. keep an eye on the 2845-2850 zone.
$TSLA squeezing making the momentum going. TSLA bounce with the overall market with no apparent news about EV. base from the indicators' TSLA is squeezing and could possibly continuous as more buyers starts to steps in or possibly bull trap? on this very volatile market anything is possible. Day trade or scalp target play: 03/01/22 Buy call above 893.1 sell at...
$CLF bounce due to technical break out from ongoing war conflicts between Ukraine and Russia. with possibility Russia of being cut off for importing goods to other countries. this makes other energy producers shines due to desperation finding alternative resources. $CLF failed to meet the wallstreet expectation EPS from recent earnings and got downgrade by...
BTC Situation and Prediction according to Fib, Trend, Donchian information
Overall market sentiment is bearish, sellers showing up in the zone, price rejection of the simple moving averages on a lower time frame. Recently posted analysis on NASDAQ and I believe a crash is coming. If so, MSFT can head down to the bottom zone at $239-$246.
🟢 Bitcoin continues the downward movement and now trading near the support of the $36,000-$36,300 area. BTC needs to show some strength here otherwise things turn pretty bad. A break below $36,000 is bearish and we may see a dump towards the major support of $32,000-$33,000 area. Bitcoin needs to reclaim the $40,000 area to get some positive...
This is what i think thats going going to happen with us30 when these knew candles start to form. Now we wait…. Follow me me for more lil free calls.
Hello! This is my personal opinion. Not a trading advice! From the 1D chart we can clearly see the resemblance with the previous swing which happened between May and August 2020. The patterns look very similar. Watch for RSI, MACD.
EUR/USD is putting the finishing touches on a brutal week, with the world’s most widely-traded currency pair falling over 200 pips week-to-date to hit its lowest level in more than 18 months. Not surprisingly, the weakness in the pair was driven by the same factor driving the greenback higher across the board: higher yields, especially on the short end of the...
Bought into MSFT today and this is my play, 11% potential upside with a 3% downside risk. Additionally, potential bullish reversal spotted on the NASDAQ.
If helps you, please like and share. #RUNEUSDT #trend_hunter
$TSLA trading higher today in large volume making it to push up above the ema line for possible bullish momentum. day trade or scalp target play: 01 /10/22 buy above 1123.00 sell at 1135.13 buy puts below 1080.93 sell at 1065.63 Hello everyone, welcome to this free technical analysis . ( mostly momentum play ) I am going to explain where I think this stock is...