BTCUSD continues its downward trajectory on the 1D chart today, as short-lived recoveries give way to more pronounced bearish momentum.
On the chart, BTCUSD is revisiting the EMA 89 line, also approaching a key support zone in this area. There is potential for a corrective bounce from this defensive position, but certainty remains elusive as bears may target this...
Trend
- On the weekly chart: Still within the large uptrend channel since January 2023.
- On the daily chart: The minor uptrend channel since October 2023 was broken with moderate volume.
- Although the long-term uptrend remains intact, the short-term momentum may be pausing.
100% Symmetrical Projection: Uptrend “N” Patterns
- There are two price...
FX:XAUUSD is trading exclusively in a bull market. Quick and temporary reactions to the news are quickly exhausted and buyers regain the upper hand on the metal's price.
Yesterday the price made another retest of the support at 2330, which has the status of an intermediate bottom. This area held the price and after that the market returned to its true...
FX:EURUSD is testing 1.0864 for a breakout. The price is heading towards downtrend resistance. Unpredictable CPI ahead, but technically the currency pair could bounce back down.
All eyes are on the consumer price index today. Traders expect a strong decline in the CPI from 0.4% to 0.3%, which generally indicates the state of inflation and is a strong lever for...
FX:XAUUSD is showing strength as a hedge asset. The price continues to indicate to us that it intends to go even higher. The market is cleaned up after the shakeout and the big player continues to play his game.
(Idea from Apr.16: GOLD → There's no limit to the bulls' activity. Support retest)
Bulls form another intermediate bottom at 2365, building a limit...
Hello dear friends, I hope you're doing well. Before delving into Solana and Bitcoin analysis, let me reiterate two important points for newcomers and myself:
1. If you haven't profited from market dips or experienced severe liquidation, take a few days off from the market.
2. Avoid entering the market for revenge, as emotional decisions could lead to further...
FX:XAUUSD reaches the 2400 mark on Friday before facing a profit-taking. There is a possibility that traders closed positions before the strong news that occurred from Saturday to Sunday.
There is no correlation with the dollar now, which makes it easier for technical analysis. In fact, we have a strong bullish trend and strong support in the form of the...
Once again Bitcoin is Re-Testing my Multi-Year TrendLine as support. The last 3 daily candles each have a wick poking down at it. Will it hold? So far it has but with each passing day and retest, the chance grow less and less likely. As long as we remain above it, I am long. A drop below would have me taking risk off and waiting for a better price below somewhere.
We expect further downside on this pair, signalled by the formation of a triple-top pattern. We can also see the breakout of a counter-trendline supports our directional basis
We expect further downside on this pair, signalled by the formation head and shoulders pattern breakout. We can also see the breakout of a short-term trendline and key level supports our directional basis
World gold prices tend to decrease with spot gold down 3.2 USD compared to last week's closing level to 2,340.7 USD/ounce.
The world gold market has just had an exciting week when records were continuously "broken". In particular, on Friday, gold prices fluctuated up to 98 USD. This price increase is second only to the price increase in December last year that...
FX:XAUUSD reaches our goal of 2400. The psychological level is tested, but 2400 does not mean expensive. The growth may continue as the potential and interest is still huge.
From 2400 a correction to the nearest area of liquidity can be formed. The market needs to rest and accumulate a bit before breaking through 2400 to continue further upside as...
On the pound, there are no significant differences observed compared to the euro. There is also a clear short order flow, and positions can be considered based on reactions to FVG with targets for continuation in short direction
1) Stock is in uptrend in Monthly , weekly.
2) The trendline that connects highs of 2007,2010,2021,2024 are about to be broken on the upside - Price confirmation indicates the same.
3) Weekly Price shows Morning star reversal.
Note : This stock has not participated in the bull rally of 2023.
Entry - Anywhere between 122-135. I see aggressive entries can be...
Hey warriors, let's dive into the EURUSD saga!
The EURUSD just went through a rollercoaster, quickly sketching out a double top pattern before taking a sharper nosedive post the breach of the 1.083 support level. Currently at 1.074, it's attempting a slight rebound after brushing the 1.073 support, but don't hold your breath for a long recovery. With the USD...
FX:XAUUSD continues to grow. Since the opening of the session the price has been testing 2350 but has not been able to update the maximum yet, having formed a correction to MA-50. CPI is ahead and the market stops and goes into a waiting mode.
There is a huge imbalance in the market. The news can provoke strong sell-offs, provided that the price breaks...
1) short-term target
2) target and stop loss mentioned in chart
3) no recommendation fir buy and sell
4) All-time high
5) how where marjet mood stock can move
6) be careful.
Today I'm breaking down one of my favorite assets to trade and that's TVC:GOLD or to some XAU/USD. I don't like to fight the bull, but this setup shows a nice trendline bounce for a continuation or we can see a nice correction move coming for $GOLD. Our algo usually gives decent signals and we look to the charts for our entry.
Trade safe my friends.
