🔴 #DXY Update 📉 The TVC:DXY stalls before retesting its lows and fails to breach the resistance zone, suggesting a potential drop back to or below the recent bottom.
Following a period of compression, Bitcoin showed resilience after a downward breakout, indicating a potential accumulation phase. The price managed to hold its ground, setting the stage for a bullish scenario. From a technical perspective, if BTC overcomes the resistance trendline, we could see an ascent towards the $53,000 mark, which is quite possible from my...
Recently, ETH has successfully consolidated above the critical resistance zone, which is now expected to serve as a robust support level for future price movements. This transition from resistance to support is a bullish indicator for market observers. The technical structure shows a clear 'First leg' that has already paved the way for positive momentum....
As depicted on the chart, following the bullish spike and channel formation, we anticipate a trading range. The strength of bullish candles and the weakness of sellers bolster our confidence in DXY's upcoming rise.
Take a look at the previous pump and the pattern that followed. Buyers struggled to elevate the price back to the pump's peak, indicating a strong potential for a significant drop. YGG could see a significant drop, presenting a prime chance to secure your profits and consider re-entering at a more favorable price in the future.
EURUSD is close to a support zone and at the lower end of the descending channel, setting the stage for a potential significant rally, possibly reaching previous highs and nearing the channel's uptrend line.
The Dollar Index is currently fluctuating within a range, and the latest rise has been stronger than the fall. As a result, I foresee another increase, aiming for at least the previous high.
EURUSD has consolidated below the resistance zone. Given its previous sharp decline, we might see another drop, potentially revisiting the previous low.
On the weekly timeframe, we've seen a big drop and a bit of a correction, and now it looks like we're stuck in a trading range. But get this: the dips seem stronger than the climbs. Flipping over to the daily timeframe, we’ve had a couple of tries to break through the resistance zone, but no luck. What does this mean? Well, we might see a small bump up, but I'm...
Ape coin experienced sustained selling pressure for several days. Following a notable rally, sellers have re-entered the market. And the price can fall at least to the resistance zone.
EURJPY is responding to the resistance zone, having formed a pronounced bearish candle on the 15-minute chart. This sets up a favorable opportunity for profit through a short position.
BTC has been consolidating in the $42,500 to $43,000 range and has just activated buyers' SLs below this zone. It's now positioned to target sellers' stop liquidity, potentially moving up towards FWB:46K
Hey everyone! Let's dive into what's going on with gold after the CPI news. We saw a spike, followed by a channel formation. But after losing channel support, I'm expecting gold to enter a trading range, starting with the first pullback post-spike. Notice how gold experienced three bearish pushes, each weaker and shallower than the last, barely breaking the...
SKALE is consolidating above a key zone, positioning it for a smooth ascent to the next level.
Consider going long on BTC, focusing on a sensible risk-to-reward ratio. BTC is displaying strong bullish momentum, and the recent downturn appears to be losing steam. With noticeable bullish price action signs and ample liquidity above the last high, BTC is well-positioned to smoothly climb towards a FWB:48K target.
Despite its bearish streak, we've hit a solid support zone. This isn't just any support; it's withstood three tests, each weaker than the last. Now, catch this: we've broken the upper trendline! This could mean a sharp rise back to the previous high and even higher. Join us for a real-time market analysis and seize the opportunity to make a move based on it.
Contrary to what it seems, this isn't a crash in the market or for Bitcoin. It's an opportunity—let's make a strategic move and buy BTC now.
ICP is in a consolidation phase above a crucial zone, indicating potential for a further rise following the pullback. This presents a prime opportunity to enter a trade with a strategically placed stop loss.