BINANCE:BTCUSD , after a shake-up (False Breakout), relative to the liquidity zone of 59-60K, is forming a bullish impulse, which is also favorably influenced by fundamental reasons On the local timeframe there are signs of the end of the locational correction and the beginning of the formation of the third wave. The bullish trend is starting to revive, but...
BINANCE:APEUSDT forms a conglomerate of patterns, the realization of which can lead to a trend change or forging rally. A bear market may change to a bull market The coin has found a bottom by forming a strong pattern. Consolidation is forming, but local prerequisites give an opportunity to the growth of the coin. On the local timeframe the price broke the...
Hey everyone! If you find this content valuable, please consider giving it a thumbs up and following for more analysis. The interesting technical pattern forming for ETH on the 4-hour timeframe. The price appears to be consolidating within a descending triangle pattern. If a confirmed breakout occurs above the upper trendline, it could signal a potential price...
FX:USDCAD is declining on the back of a weak dollar index and breaking the support of the descending triangle, which generally allows bears to dominate the market. The price may go down to 0.355 The uptrend is not broken, a correction is forming after a retest of resistance. A descending triangle is forming on the chart as the dollar index is starting to show...
FX:EURUSD is heading towards trend resistance with interest. This is also supported by the weak dollar, which is standing still. But, the currency pair is still in a bearish trend Buyers are trying to strengthen the euro. On D1 a consolidation format of movement is formed. In this case, the pair may test the trend resistance, but it will be difficult to break...
Asset: Bitcoin BYBIT:BTCUSDT.P Timeframe: 4-hour Context: Bitcoin has been ranging around key level of 63179, between two Weekly Open-Close levels at 69104 and 56261. HTF At 1D it's going down a descending channel after it closed below the 50% of the 1D FVG and is currently retesting that level LTF It just broke a descending triangle pattern...
FX:XAUUSD is moving from the consolidation phase, to the phase of realization of accumulated potential and rallying to 2400. The price enters one of the key ranges. The fourth wave of correction is coming to an end and a rally within the V wave is being formed. The potential target could be 2400-2550. The price is returning to the range of 2398-2362. If the...
FX:XAUUSD is testing the resistance of the range, the market maker is capturing liquidity around 2328 and is not ready to let the price go yet. Trading inside 2328 - 2300 continues. On Sunday we discussed the bullish trend, correction and the fifth wave that may get its start after the end of the correction. Yesterday price tried to form a confirmation of the...
TRX is going higher on the weekly chart. We have a reliable uptrend without any issues, and the trend should continue in the next few weeks. On the chart, you can see a descending triangle that broke bullishly. What does it mean? Usually, when a descending triangle breaks bullishly, we want to buy it with a profit target at the top of the triangle, which is at...
Hello Traders ! The Silver Price Formed a Descending Triangle Pattern. At The Moment, The Support Level is Broken ! So, I Expect a Bearish Move 📉 ----------- TARGET: 25.95000🎯
FX:NZDUSD bounces and strengthens towards MA-200 and resistance of the current trend on H1 against the backdrop of the dollar index correction. On D1 the medium-term outlook is clear. There are no prerequisites for the change of the global trend and most likely the fall after the resistance retest may continue. The dollar also at the moment does not give...
just random analysis based on support and resistance based on psychology.
OANDA:NZDUSD is declining amid a strong dollar rally. The negative background for the currency pair has persisted for quite a long time and there is no reason to change this tone at the moment. On W1, we can clearly see the general trend on the part of strong bears, who continue to sell off the currency pair and the New Zealand dollar. On H4 it is worth...
Hi. BINANCE:FTMUSDT Today, I want to analyze FTM for you in a 4H time frame so that we can have a MID-term view of FTM regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). A breakdown and successful retest of the pattern would confirm bearish momentum However, if price is able to reclaim...
Hi BINANCE:SYNUSDT SYN was in a descending triangle but now this pattern has been broken downward so we expect a bearish movement as much as the measured price movement (AB=CD).there is a strong support for SYN at $0.80 which was the point where the price started to Increase from the last dump! Traders, if you liked this idea or have your opinion on it,...
DISNEY NYSE:DIS | DISNEY DESCENDING TRIANGLE PATTERN - Apr. 11, 2024 BUY/LONG ZONE (GREEN): $118.50 - $123.00 DO NOT TRADE/DNT ZONE (WHITE): $116.50 - $118.50 SELL/SHORT ZONE (RED): $112.00 - $116.50 Weekly: Bullish Daily: DNT 4H: Bearish A week ago NYSE:DIS broke its bullish trend on the 4H and lower timeframes. The Weekly timeframe still holds the bullish...
DASHUSDT is forming a conglomeration of bullish assumptions, attitudes and patterns. It is possible that the coin is starting to see a buyer, but it all depends more on their potential and interest. On W1, the coin is trading almost at the bottom, which is the 22.6 area, and the strong support in this case is the 25.0 area. Relative to 25 a triple bottom is...
📊 Script: MAHLOG 📊 Sector: Logistics 📊 Industry: Miscellaneous Key highlights: 💡⚡ 📈 Script is giving breakout of Descending Triangle in Daily and Weekly Chart. 📈 It is trading at upper band of BB and giving breakout of it. 📈 Already Crossover into MACD. 📈 Double Moving Averages giving Crossover. 📈 Right now RSI is around 66. 📈 One can go for Swing Trade. ...