It looks like you are observing a bullish trend in the NZD/USD currency pair, with the market bouncing off a support level. Here's a more detailed breakdown of the scenario: 1.Current Price Movement: The NZD/USD pair moved up from a price of 0.61436 and touched a support level at 0.61700. 2.Support Level: A support level is where the price tends to find support...
The PSU bank index has been moving in a slightly inclined upward channel showing positive bias. However, this stock has been moving in a sideways range for almost four months now. Now the stock is testing the top of the sideway range. The MFI indicates money is flowing into the stock. The momentum is also positive and increasing, the relative strength is also...
Halving has been followed but with different volume. 1. White zigzag: History 2. Yellow zigzag: History vs what comes next 3. Green vertical lines are my bank entry’s, second I’ve already had added to one of my other ideas. 4. Same dip after bank purchase and right after the small dip, same uptrend. Power of regression trend says it all.
12 days ago, BTC Daily faced rejection, whereas the 6-hour chart appears stable. Currently, the price is hovering at the support level. However, come Monday, the situation could shift, regardless of the direction. If Bitcoin rallies to the lower support in daily, will your position remain secure? If not, you may be overexposed! Many new traders make this...
After a good trade during this month, the chart has played a bullish movement reaching towards its resistance and closing the candle with long doji !!!!! that mean the market is undefined now....however the market movement is bullish, the main target is the voting of India....If BJP wins then dont rush to buy wait for the given level.....
Hello Traders ! The Bitcoin price formed a descending triangle pattern. We have 2 scenarios: BEARISH SCENARIO: if the price breaks and closes below the support level (67276 - 66259), We will see a huge bearish move📉 TARGET: 61640🎯 BULLISH SCENARIO: if the market breaks above the resistance line and closes above that, We will see a bullish move📈 TARGET: 71400🎯
Hope everyone is enjoying the weekend so far, wanted to bring your attention to a setup forming in Ethereum and the ramifications from the upcoming launch of the EigenLayer token. If you are not aware, EigenLayer is a protocol that allows Ethereum stakers to rehypothecate their position, and secure other networks with the same Ethereum collateral. The way coins...
EURUSD & DXY - Market Focus: ECB Rate Decision and US NFP Data This week, investors will closely monitor two key events: the European Central Bank (ECB) rate decision and the release of US Non-Farm Payrolls (NFP) data. These events can significantly impact market sentiment and provide insights into the global economic recovery. Let’s delve into what to expect...
Hi folks today I'm prepared for you Gold analytics. A not long time ago price little declined and then made impulse up higher than the resistance level, which coincided with the resistance zone, but soon turned around and declined below this level, making a fake breakout. Then Gold reached the 2400 resistance level again, but at once rebounded and fell to the...
Hello, friends! Today I present to You a very simple chart. Each of You can describe it yourself. What do you see on the chart? Will it be the same this time? Thank You for showing interest in my work🚀 Always sincerely Yours, Kateryna 💙💛
Here we have bitcoin price in a accumulation phase and the price is bouncing between 60000 and 72000. However as we can see in the chart there are two support in 67k and 62k tha we can consider as an area end this downtrend.
Welcome back! Let me know your thoughts in the comments! ** XAUUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
I'm expecting the price to retrace back down to the 4-hour demand zone. Once it reaches this level, I'll wait for price accumulation to buy back up. If the price breaches this zone due to the Asian low underneath, I'll be more interested in the 6-hour demand zone right below, which looks more probable. I anticipate the price to rise and take out the pool of...
DXY continues to hold its ground. Upcoming news in favour of the US Dollar will drive EURUSD lower. Challenging week up ahed guys, good luck!
hello guys... gold FXOPEN:XAUUSD is on an ascending channel but after the sharp movement I think it will be on the downward compression for a while! what do you think?! if the gray area breaks up it would be bullish again and we can count on it! ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in...
ONDO / USDT In LTF price is trying to breakout the mega phone pattern If price will able to hold above resistance line in next few hours we can another bullish wave
their is a breakout of the trendline to the downside and a deep retest which did not create a new high around 1.08853 before we saw the decline of the 4hr candle, which means that seller are fighting for domination, expecting a sell from 1.08485 back to the support level at 1.07327... the sell bias will be invalidated if price break 1.08839 to the upside
5 minute analysis on BTCUSD . We can see a bearish divergence for a possible return to 67600 initially. Subsequently a probable pursuit at 67100... Don't forget to always manage your money management