BINANCE:UNFIUSDT is showing positive dynamics amid the red cryptocurrency market. The coin is approaching strong resistance and we have the potential to catch a breakout with subsequent growth. On the weekly timeframe, the coin is still in consolidation (range 16.0 - 2.5). But, against the background of the general neutral trend we have a downward resistance,...
BINANCE:BTCUSD is not ready to pass through 71500 yet and continues the correction phase, testing local lows and liquidating buyers in order to increase the position of a major player. Consolidation is clearly visible on the higher timeframes. The resistance area of 71500 plays an important role for the market, a breakout and consolidation of the price above...
FX:EURUSD is in a bearish channel. The price is below the resistance at 1.0725, there is a possibility of retesting the liquidity area before further decline. The fundamental background is weak and the actual target is 1.0606 Globally, the market is neutral-bearish. The lower boundary of the symmetrical triangle on D1 is the actual target (testing the...
CADJPY look very bullish on a daily time frame. I see a confirmed violation of a neckline of an ascending triangle formation. Because the pair is trading in a long term bullish trend the growth may easily continue. Next resistance - 115.4 ❤️Please, support my work with like, thank you!❤️
bitcoin is still playing this triangle, for about 5 months now, if it is broken down the first TP is at 60k, and a probable retest of the support at 52k, but if we go up, and the triangle will be broken up, my first TP it will be at 85k, with a possible increase up to 100k (total production cost) in your opinion is it going up or down?
Intraday Update: The USDMXN is at triangle resistance intraday. A break of the 18.60 level may expose a move back to the 18.77 level.
Gold is moving in a Descending channel near the Resistance zone($2,337-$2,318) . In terms of Classical Technical Analysis , Gold has managed to form a Symmetrical Triangle Pattern , which indicates the continuation of the Downward Trend . I expect Gold to continue falling(Probably with two scenarios) after breaking the lower line of the Symmetrical...
OKX:TONUSDT is starting to show bullish potential. This is quite interesting for us, because, in general, the coin's potential is huge. BTC momentum could push the coin to rally. The bulls have held the defense above 5.985, forming an intermediate bottom. In the current range, the 6.45 - 6.65 area, where the maximum number of coins have been traded (bought),...
Last week, USD/JPY spiked higher after a disappointing Bank of Japan (BoJ) rate meeting and today, the price has again broken above resistance. The chart reveals a smaller ascending triangle pattern with a target of 159.80, which remains valid as long as the price trades above 157.14. Will a push higher wake up Bo(J)zilla? Why is the USD/JPY Rising? The BoJ's...
OANDA:GBPJPY is getting ready to break resistance (ATH for 15 years). In the long term, there is upside potential to 215.8. A strong bullish formation is forming on H4-D1 On the monthly timeframe, price is in the 195-215 range. Bulls kept the defense above the support, at the same time a pre-breakdown setup is forming on the chart, the focus of which is on the...
The last analysis I made, there was a chance that GETTEX:NOT would break the trendlin of the descending triangle. But it didn't, so we saw a bearish move coming from it. Secondly there was an ascending channel which implies a bearish stance which happened over the past days already. The last line of defence for $Notcoin to pump again, is an old supply zone. If...
Timeframe : Weekly and 4-Hourly Charts Predicted Move : Potential Upside Breakout Analysis : On the weekly chart, GBPUSD is currently in a sideways consolidation phase. Although the pair is near the top of this range, there seems to be a tendency for the market to break towards the upside. This observation is based on my 18 years of trading experience and...
Hi folks today I'm prepared for you Gold analytics. Some time ago price reached the resistance level and even entered to resistance zone, but at once turned around, exited from the resistance zone, and fell below. Next, XAU some time traded near the resistance level, after which it made impulse up to the trend line, thereby breaking the 2355 level. After this, the...
Like I mentioned in our weekend live session, I don't see any BOJ intervention happening soon. The earliest I’m looking is when the market reaches 158.73, with the next level at 159.66. Around 157.74 is the level I'll be looking for a buying opportunity using the existing strategy that I've used for many years. Key Levels: Potential Intervention Levels : -...
Timeframe : Weekly and 1-Hourly Charts Predicted Move: Sideways Consolidation with Specific Levels for Trading Opportunities Analysis : On the weekly chart, EURUSD is in a sideways consolidation phase and is currently at the bottom of this range. For precise entry points, I'll be closely monitoring the 1-hourly chart. Key Points: - Sideways Consolidation :...
Rounding bottom with more than 2 years base. Also a descending triangle. First target 20. Then will see. SL triggers only if a weekly candles breaks down and closes under the 15.5 support level.
Some guidance for those who plan trading GME. Please be aware that this is a high volatile meme stock and size your position accordingly.
XAUUSD might building a base in a running flat pattern before a drop toward 2238 +/-.