Just like the textbook states, an impulse is followed by a correction. Examining the recent build-up, we might infer that the price has been soaring in the upside direction after having broken out of the descending trend-line mapped on the graph. At the moment, however, we are witnessing obvious signs of a potential bearish reversal and, if bearish moves kick in,...
Hello everyone, Brian here. USD/JPY has completed its retracement to the 0.618 Fibonacci level, and the long-term outlook remains optimistic. The pair is on track to reach the 1.618 profit target, continuing its strong performance above the two EMA lines. Additionally, the 151.100 level has now become a new support after buyers successfully broke through the...
#OMUSDT(Update) Hey dear traders. Hope you are enjoying analysis with our team. we are here to analyze OMUSDT today. Successfull Breakout Done in 1D time frame. Expecting Massive Bullish wave📈🚀
In the daily chart of BNB, it is observed that the price is testing the bottom of the ascending triangle formed at the price range of $580. The significant resistance level is at $632, which, if broken, can be seen as an indication of the continuation of the upward trend. Breaking the support level at $580 could lead to a further decline in price to lower levels.
#AUDCAD UPDATE Hey team hope you all are enjoying our ideas and analysis now we are here to discuss about AUDCAD. AUDCAD almost breakout done. After this breakout we can see drop upto 100Pips+ soon ✍
I am waiting for the red resistance line to break up. Breaking this line may give a good profit so wait & watch it
AEVO, a new project with 85% of the supply in circulation after the last unlock, can make a pleasant surprise in the medium-long term. Aevo is a decentralized derivatives exchange focused on options, perpetuals, and pre-launch trading.
Next Week Targets: 0.66269 0.65955 0.65696 0.65221 0.64820 Remember there is no 100% in financial markets
Hello everyone, let's take a look at the ETH to USDT chart on a one-day time frame. As you can see, the price is currently bouncing off the downtrend line. Let's start by determining the support line and as you can see, the first support in the near future is $3,530, then you can see support at $3,250, and then we have a strong support zone from $3,046 to...
Price Action The main trend shows a significant rise from a low of around $0.35 to reach over $1.20, with the price currently hovering around $1.24. The next major resistance based on the Fibonacci Extension is around $1.95 (1.618) and $2.80 (2.618). The price formed an ascending triangle pattern before breaking out upwards, indicating bullish strength. The...
USDJPY Update⚠️ Alert 🔍It seems like USDJPY is the move dancing with in channel recently busting out of a download trend! 🚀📈 As it nears the resistance zone the anticipation is palpable for a correction ⭐ but there the interesting part once this correction happens there a chance it might hit the midline of the channel 🎯⭐ That's like the rebound zone to the...
Hi friend. Like i write in previous idea market strong support 2328. But there is no market process wich can continue falling. So my opinion growth to transit zone 2340-2346 after bears was distributed. Support me;)
At this point they are just rumors as far as I'm concerned.... HOWEVER, This coin has been on a tear and resistant to all down moves in the general market. I'm in long and continuing to buy on dips..
the TOTAL crypto marketcap continue the upward movement after the breakout, we may see a move towards the all-time high resistance area soon,the overall market is bullish thank you
Hello dear traders what do you think about this pair please comment..!? 📉 Behold the tumultuous dance of the GBP/USD currency pair as it boldly shatters the chains of its trend line and crucial support zone! 🎯 With precision akin to a seasoned archer, it now sets its sights on a predetermined destination. 🏹 As the correction journey unfolds, a tantalizing...
Hello traders GBPCAD this full bearish appears in the chart if it closes it now, its a high potential to sel. the concept behind is the sellers will overrule the market snd buyers will loose their contorl. if you interested more don't miss it to follow me.
Discussing some potential short squeeze candidates. Some of these names have already bolstered huge gains and looking to potentially squeeze higher if price action holds firm. All of these names need to be monitored in the near term for opportunities. Shorts get nervous when stocks are moving higher. AI, SPWR, CHWY, WOOF
Super Micro Computer is neutral on its 1W technical outlook (RSI = 53.442, MACD = 90.250, ADX = 30.355) and the reason is that below the 1W MA50 it is expanding the new Cycle's accumulation phase. Every Cycle experienced this accumulation under the 1W MA50, sometimes shorter others longer. Technically, on a two year basis, every time it crossed under the 1W MA50...