Bitcoin has been experiencing a bullish trend over the past few weeks. This week, more accumulation is expected at target levels 1 and 2 acting as potential resistance points. At these 2 levels, prices are expected to face rejection upon reaching them. This consolidation phase could pave the way for future growth in the cryptocurrency. Market conditions can be...
After experiencing a price rejection at the 2.054 level and a double bottom formation, the natural gas market appears to be bottoming out, signalling an end to its 2-year low. The bullish sentiment of natural gas is expected to gain momentum in coming weeks! #NaturalGas #NGAS N.B! - XAUUSD price might not follow drawn lines . Actual price movement may likely...
Gold is slowing down at resistance level after rising to 2048. Potentially, price can pullback to 1960 or lower within low value area of the volume profile... N.B! - XAUUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your...
Bitcoin recently experienced an impulsive wave, soaring to a new high of 29,190 from its low in November 2022. This price surge ignited excitement and optimism among crypto enthusiasts. However, after this impulsive wave, Bitcoin's price transitioned into a corrective phase, marked by an expanding triangle pattern. The expanding triangle pattern serves as a...
S&P500! N.B! - S&P500 price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #s&p500 #spx500S&P
Bitcoin was in a strong bullish run slightly above 28K last week but depending on monthly close, it may loose its bullish steam in-between. Having created a new 9-month high, more highs are expected from this cryptocurrency. A pullback below 25K is not unlikely, but #BTC price now targeting above 32K. N.B! - BTCUSD price might not follow drawn lines . Actual...
Gold weekly outlook indicates that the metal is targeting the upper part of the expanding triangle located above 2050. With a strong bullish close last week, there is high likelihood that price may re-test the swing high of 2022. RISK: Above 2000, gold is within sellers zone and price may pullback at any level. MONTHLY OUTLOOK N.B! - XAUUSD price might...
Crude oil price has been moving between 70 & 83 since Nov. 2022. In the process forming contracting (or symmetrical) triangle. A strong bullish close above the upper descending line will make crude oil price to be bullish while a close below the lower descending line will invite more bears for oil. With price hovering currently on strong support level, oil most...
S&P500! N.B! - S&P500 price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #s&p500 #spx500S&P
Oil price now in corrective mode on H4 and price is attempting to break out of this descending trendline. A close above 76.71 will confirm the breakout with crude oil price targeting 80. Also last week's indecision in the market may likely cause bullish run for oil IF this week candle ends in a strong bull above last week's high, else price continue its downward...
Bitcoin market structure has turned bullish. With the coin's price breaking previous swing highs, technically, #BTC is gathering momentum for an upside rally. Last week saw FOMC hawkish status dragging BTCUSD price down. IF the lower-timeframe could turn bullish, the stage might be set for #BTC to test 28K! N.B! - BTCUSD price might not follow drawn lines ....
Bitcoin market structure has turned bullish. With the coin's price breaking previous swing highs, technically, #BTC is gathering momentum for an upside rally. Last week saw FOMC hawkish status dragging BTCUSD price down. IF the lower-timeframe could turn bullish, the stage might be set for #BTC to test 28K! N.B! - BTCUSD price might not follow drawn lines ....
IF BTCUSD #BTC can possibly close this week candle above the high of last week candle, this will be a bullish indicator for the crypto to rally to 28k and above in coming days/weeks. IF bitcoin is unable to close above last week high this week, then we might either have a RANGE or price drop! N.B! - BTCUSD price might not follow drawn lines . Actual price...
#BTC N.B! - BTCUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #bitcoin #btcusd #BTC
Gold ended last week with indecision candle. With short term trend looking bearish, gold price is most likely to test the low of last week again IF the price can be rejected again! N.B! - XAUUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk...
As forecasted in our Jan 29 post (chart below), crude oil found strong support to reverse price to the upside and price is now back at another resistance level at 80 circa. A break above the resistance level will expose crude oil price to test the swing high at 90. N.B! - USOIL price might not follow drawn lines . Actual price movement may likely differ from the...
After the short term bullish rally above 4180, S&P500 then fell into corrective mode forming H4 bullish wedge in the process. Will this correction stays this simple "WXY" or develop into a more complex outlook in the future? For now, price is likely to retest the bullish order candle & if this is found to be strong enough, then the simple structure stands else, we...
There is a resistance level at 21800, and with bitcoin pullback; will there be reversal at this level for price to re-test recent high (at 24K and possibly above). BTCUSD monthly still bearish and price touch 18K later. N.B! - BTCUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments...