Under the daily timeframe, BNB has formed a triangular pattern, which holds considerable significance for the coin's future. If the price indeed confirms a bullish breakout from this pattern, there's potential for an upward rally. However, it's crucial to validate the breakout on the upper boundary before considering any long positions.
Ethereum has recognized a significant support level where the current price is firmly holding, showing respect for this support. There's anticipation for a reversal that could lead to a bullish breakout along the trend line. If this breakout occurs, it's anticipated that the rally will persist towards the next swing high around the $3700 mark. The confirmation...
Bitcoin recently experienced a false breakout below a key support level within the daily timeframe. This event hinted at a potential reversal, marked by a robust recovery from the previous sell-off, rebounding to the $57k-56k range. Re-entering the demand zone signaled a bullish sentiment, and yet another rejection occurred at the major trend line. The...
ABNB has undergone a notable shift in its recent trajectory. A significant breakout accompanied by a gap suggests the possibility of a downward momentum, potentially returning towards the lower support levels. Furthermore, the failure of bullish momentum above the resistance confirms a significant sell zone. Anticipating a further decline of approximately 10% to...
ADAUSDT has once again stabilized at a significant key level on the weekly timeframe. Observing historical price movements to the left, there's potential for a reversal in the highlighted zone. Strong rejections and bullish reversals in this region historically support our bullish thesis. The current sell-off is viewed as a substantial retracement, correcting the...
CSI has honored the significant demand zone, suggesting a potential continuation in the rally. The price respecting this highlighted zone coincides with the formation of a bullish flag on lower timeframes, further bolstering our bullish expectations. Notably, a bullish breakout has been confirmed on the formed flag, potentially leading to a rally with the creation...
NIFTY50 is currently within a robust bullish channel, displaying consistent growth since the emergence of bullish sentiment. Price has adhered to the previous high established on the daily timeframe. We anticipate potential price action to remain within the upper and lower boundaries for a period. Upon future confirmation of a breakout at the lower boundary, a...
GBPUSD has experienced another decline, landing once more in the demand zone, coinciding with a spike to the upside following the release of recent NFP & Unemployment data. With the Dollar showing signs of weakness, we anticipate a solid rally from the support zone, supported by the identified breakout. Our expectation is for a return towards the formed resistance level.
AMD is still below the key level following the bearish breakout detected on the channel. We anticipate a continuation of the bearish trend, possibly retesting the key level at the bottom.
AAPL has verified a bullish breakout from the formed channel. The false breakout on the identified support suggests a robust rebound from recent lows. Anticipating a rally continuation, aiming to reclaim the resistance before a potential sell-off. However, as the resistance stands as a formidable sell zone, a downward price shift is expected upon reaching the...
The anticipated breakout in Bitcoin didn't materialize as expected in our last update. However, there's been a notable rebound in BTC's price, raising the possibility of a potential breakout in the market structure. It's crucial to closely monitor the current market price for signs of either a confirmed reversal or breakout to ascertain the future trajectory....
DXY has validated a bearish breakout below the lower boundary of its ABC pattern, indicating a potential decline back towards the key level at the bottom. We anticipate a decrease of approximately -1.5% in the DXY index. The confirmation of this breakout is crucial, as the entire projection hinges upon it. Such a move could prompt bullish momentum in the near...
XMR has formed an expanding channel, with a distinct breakout and subsequent pullback occurring at the upper boundary of the channel. Maintaining a steady position above the highlighted key level, we anticipate a reversal or bullish rally back towards the upside. According to our price analysis, we foresee a target in the vicinity of the $151 region or higher.
GBPCHF has retreated towards the minor support near the 1.1334 level. This reversal indicates that the price has begun to recognize this level as a buying opportunity, suggesting a strong, steady pullback towards the initial resistance observed previously. Following this pullback, we anticipate another bearish movement as the highlighted zone is respected as a...
EURUSD has rallied with the NFP and immediately got dumped back on the major hourly demand identified. Here we should wait for the price to confirm a bullish rally one more time which can also confirm a bullish breakout on the upper boundary created by the expanding channel. With a perfect breakout confirmation, we can expect a nice rally or a target close to...
NASDAQ has confirmed an important level breakout recently. Here we witness a breakout and pullback on the major demand zone identified under the hourly timeframe. Here we also identified an important bearish flag formation, which is likely to create another dip towards the bottom level of support created.
AUDCHF has once again retested the significant resistance level identified within the hourly timeframe. This suggests a potential reversal, indicating that the price continues to regard the highlighted zone as a major selling area. Additionally, a triangle pattern has formed, but it's essential to await confirmation of a breakout before taking a position. Patience...
AUDCAD Rallied significantly to the upside and now we are witnessing a revisit back on a major resistance zone. Here we are expecting to see a potential reversal to the downside. On the following highlighted zone we have seen a strong selling pressure on the left earlier when the price meets in this region. More importantly, the price of the AUDCAD pair has...