Dr_Candle

Dr_Candle Updated 

BINANCE:ARBUSDT The emergence of a bullish trend in the ETH market has led me to anticipate noteworthy growth in ARB. This expectation is grounded on the technical analysis of ARB's recent trend, which exhibits a departure from its bearish trajectory, coupled with a fundamentally optimistic outlook. It follows that, within the foreseeable future, the price of...

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OANDA:EURCHF The price has recently reached the highest point of a descending channel and is expected to start a downward trend toward a particular area. According to the current market behavior, the expected change in the price direction is in line with the anticipated market trends.

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OANDA:AUDCHF The price has recently reached the apex of the descending channel and is expected to initiate a downward trend toward a specific area. Given the current market behavior, the expected shift in the price direction is consistent with the predicted market trends.

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OANDA:AUDCAD It has been observed that the price has reached the upper side of the bearish channel, indicating that it is likely to commence a downward trend.

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OANDA:CADCHF The price has reached the support level for the third time and has broken the bearish trend line, subsequently making a pullback. Based on this, it is expected that the price will increase to specific levels. This trend suggests a potential opportunity for growth soon, and it is essential to keep a watchful eye on the market.

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OANDA:EURCAD The current trend for EURCAD is bearish, as evidenced by its price trajectory. The currency pair has reached the apex of its bearish channel and concurrently undergone a pullback, as indicated by the purple trend line. This pattern has previously arisen, with the price consistently continuing its downward trend. Hence, I project that upon completion...

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OANDA:EURUSD In anticipation of the continuation of the prevailing downtrend of EURUSD, it is probable that specific corrective measures may be implemented. To this end, I have conducted a comprehensive analysis and have identified three possible levels of correction. Among these, the first level, based on a four-hourly timeframe, appears to be the most feasible...

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OANDA:NAS100USD It has come to my attention that the Daily Channel has been experiencing some disruptions. Based on my analysis, it is my opinion that with a few corrective measures and strategic growth, the price is likely to continue its downward trajectory toward specific areas.

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OANDA:US30USD In the weekly timeframe, we have observed a wedge pattern with a broken bottom. Based on my analysis, it is likely that the price will rise towards the black trend line before continuing its downward trend.

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BINANCE:BTCUSDT According to my previous analysis of BTC, the price has increased from 29900 to 34700. In my opinion, Bitcoin continues to exhibit bullish tendencies, although there may be some price corrections, possibly leading to a decline to 31000 or hovering around 29000. However, following these price corrections, Bitcoin is expected to continue its upward...

Dr_Candle Updated 

BINANCE:BTCUSDT The chart under consideration is characterized by exceptional clarity and detail. An examination of the chart reveals that the bearish weekly trendline was effectively broken, followed by a pullback featuring a hammer candle. The hammer candle was subsequently confirmed with a robust green candle that broke through the purple resistance level and...

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OANDA:USDCAD The technical analysis of the current market conditions reveals a bullish channel coexisting within a bearish trend. This implies that the breakage of the channel's lower boundary would trigger a subsequent bearish trend. The current price point has reached the channel's apex, and there is a possibility that it may retreat to the lower boundary,...

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OANDA:XAUUSD In light of my latest analysis of the gold market, it is evident that the price has undergone a correction. For those who have invested, it is recommended to exercise patience while awaiting further corrections. In particular, the daily timeframe reveals a shooting star candle, which is confirmed by the subsequent candle. This shooting star candle...

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OANDA:GBPNZD The GBPNZD currency pair has recently reached a significant trend line that could signal a bearish trend toward specific levels. This development is noteworthy as it may have implications for investors and traders who are tracking the performance of this currency pair. The potential for a bearish trend suggests that there may be a shift in the...

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OANDA:USDCAD The USDCAD trend has shown a bearish trend preceding a bullish channel, leading to an anticipated price drop upon the channel's bottom breach. Confirmation of this projection will follow once the bearish channel's bottom is successfully penetrated. It is imperative to note that this projection is based on the current market trend and may be subject...

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OANDA:EURCAD The probability of a potential bearish trend for the EURCAD currency pair is rising as the current price has reached the daily trend line. However, based on the historical trend analysis, a slight upward price movement may occur before the bearish trend begins. Therefore, the price is expected to gradually decrease to specific levels as the bearish...

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OANDA:XAUUSD In the 4-hour timeframe, a shooting star candle has been confirmed, while the daily candle has closed in shooting star form, but its confirmation is yet to be established. As a result, a correction may be expected, albeit one that is likely to be minor. The bullish trend of gold is being driven by the current state of affairs in the Middle East....

Dr_Candle Updated 

The price has recently attained support levels in both the 4-hour and 1-day timeframes. Based on this observation, it is expected that the price will appreciate towards specific areas in the coming period.