Hello Everyone, To be unequivocal, the bearish trend remains prevalent for GBPUSD, albeit showing signs of gradual transformation. The emergence of upside potential is becoming increasingly evident and should become clearer shortly. TradeWithTheTrend3344
Solana has a long term trend that is active, pointing to a rally towards prices over $800 by June 2025.💹 I pointed out the monthly signals in the USDT and BTC ratio charts recently, which triggered during October and indicate the bear market ended.😎✌️ Hopefully you joined then, but still good to enter long term positions now and during the remaining time of the...
Hello Everyone, At this juncture, the potential for further upside in USDJPY cannot be disregarded before a potential downside movement, given the prevailing indicators. The long-term trend remains bullish. We will adopt a patient approach and monitor price action throughout the upcoming week to assess developments. TradeWithTheTrend3344
Hello! Traders hope you enjoying your weekend. This is what I see on Higher Time Frame. Hope it will help !!! So we shouldn't look for longs on HTF. yeah but on our LTF we will have more opportunities on zig zags. ;)
Hello Everyone, It's highly probable that the EUR/USD will continue to decrease until substantial news emerges to reverse the trend. Currently, the weekly support levels have been resilient. Yet, there's skepticism about their ability to sustain, and only time will tell how the situation unfolds. TradeWithTheTrend3344
Hello Everyone, Regarding the current trajectory of XAU/USD, we anticipate a modest decrease followed by a potential upward movement. The expectation is that the support level on the 1-day chart, currently being tested, will either hold or be further clarified by the weekly chart. In any case, we foresee a continuation of the upward trend. It's crucial to monitor...
M Pattern Makes A "Bow Pattern" Put a 🎀 on XLM Stellar
The price perfectly fulfilled my last idea. The market is testing the resistance zone. FX:NZDUSD lost momentum at this zone. Candles are getting smaller. The resistance zone was tested multiple times before, when the market was pushed lower several times. I expect a short-term pullback from this zone. Furthermore, we have a huge bearish divergence. This suggests...
The price perfectly fulfilled my last idea. It hit the target area. FX:EURUSD is ranging at the demand zone on the daily timeframe. The market made a higher low, but the price did stay above the previous highs. The price made the impulse leg downward, then immediately recovered from the support level. I think the market might go up towards the key resistance at...
Based on the provided market data, INJ is currently trading at $34.49 with a 4-hour RSI (Relative Strength Index) of 55.63, which is a neutral territory. The 4-hour MACD (Moving Average Convergence Divergence) is positive at 0.63, indicating an upward momentum. However, it's slightly below the 4-hour Bollinger Band midpoint of 36.26. The immediate supports on the...
Based on the provided market data, the cryptocurrency REQ (Request) is currently trading at $0.14 against USDT (Tether). The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 86.30, 85.45, and 75.30 respectively. These high RSI values indicate that the currency is currently in the overbought territory which may suggest a potential price pullback or...
Based on the given data, it appears that the AUCTION/USDT pair is currently trading at a price of 28.71 USDT. The 4-hour, 1-day, and 7-day Relative Strength Index (RSI) values are 62.74, 59.46, and 64.96 respectively, indicating that the pair is nearing overbought territory, which could suggest a potential pullback in the near future. The Moving Average...
Based on the provided market data, the COTI/USDT pair is currently trading at 0.088 USDT. On the 4-hour chart, the Relative Strength Index (RSI) is at 59.60, indicating a near neutral market. The Moving Average Convergence Divergence (MACD) is positive at 0.0080, suggesting a bullish trend. The Bollinger Bands (BB) are at 0.10, indicating a moderate level of...
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.83050 zone. NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.83050 support and resistance area. Adding a fundamental layer to our analysis, it's crucial to consider the impact of USD strength on...
Hi traders, Last week EU dropped some more and made a correction up. For next week I think this pair could go down more to finish the grey Y-leg. Trade idea: Trade sells after a change in orderflow to bearish on a lower timeframe. Note: Next week I'm not able to make an outlook, so expect it again after two weeks. If you want to learn more about trading...
It is likely that the correction low is in based on multiple signals: ➖ KMDBTC found support below 0.786 Fib. retracement after peaking 20-Dec. ➖ On the drop, EMA300 and EMA200 were tested as support. ➖ KMDBTC has been trading above these long-term moving averages for more than a month now. ➖ The May 2023 support range matches the 0.786 Fib. retracement as well...
Looks like Bitcoin´s current correction is now ready for an uptrend rally, or about to be. I have spotted a traditional "pennant formation" which could shoot up to $48250-$48700 or perhaps even touch/briefly break, the prior $49000 "Bitcoin Spot ETF" high which took place Jan 11, 2024. Entry points should be sought after pullback, at the $43380-43400 area or...
Mina is on bullish channel , just reached middle line which is play as ressistance for now support line are painted you may add to your watchlist