On the weekly timeframe, we have a sideways market. The current short-term trend vector is 5-6
It's an interesting situation. We have context for both selling and buying. On the daily timeframe, there's a sideways movement (upper boundary - 49.96). The price has now returned to it, but the daily candle has not yet closed. If the daily candle closes inside the sideways movement, then we can look for sales, and the bearish vector 5-6 with a target at 32.3...
On the daily timeframe, we see a sideways movement with the upper boundary at 49.96. The price has been above the upper boundary for the last 20 days, but yesterday it returned to it and stopped at the 50% level of the last buyer's impulse on the weekly timeframe. This is clearly visible on the hourly timeframe: At the top, a seller's zone has formed with the...
Hello traders and investors! It's time to update the forecast. During the last review (23/03/2024), we observed a short vector 7-8 within the sideways movement on the daily timeframe. The target of the long vector 8-9 was 72419 (see the chart from the previous review). Currently, the long vector 8-9 has reached this target. It is advisable to look for sales at...
Hello traders and investors! On the daily timeframe we see a resumption of buyers from the buyer's zone (blue background) with an upper boundary of 69674. On the hourly timeframe, a sideways trend has formed, where the buyer's vector 4-5 has already reached the obligatory target. Searching for sales is risky because there is a resumption from the buyer's zone on...
On the daily timeframe we have a sideways market. The bearish vector 5-6 has been played out. The price has already interacted with the level of 3200. Priority is given to considering purchases, preferably from the zone between 3200 and 3400, with the initial target at 3722.
Hello traders and investors! It's time to update the forecast. During the last review (22.03.2024), we observed a short vector 5-6 in the sideways trend on the daily timeframe. The target of the long vector 6-7 was 3722 (see the chart from the last review). Currently, the long vector 6-7 has reached this target. At the top, there is a seller's zone with a lower...
Hello traders, I want share with you my opinion about Ripple. By observing the chart, we can see that the price not long time ago price declined to the seller zone, which coincided with the 0.6585 resistance level and soon broke this level, after which XRP started to trades in the range. Then price in a short time fell to the buyer zone, which coincided with the...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some days ago rebounded from the support line and made a strong upward impulse to the support level, which coincided with the buyer zone. After this, BTC in a short time broke the 60800 level, made a retest, and continued to move up to the resistance...
Time dive into the whirlwind that was Week 14 in the EUR/USD market. Last week was nothing short of intense, with each trading day bringing its own set of surprises and challenges. Despite the rollercoaster ride, the overall price range remained relatively stable compared to the previous week. It's fascinating to see how the market dynamics played out amidst the...
Hello traders, I want share with you my opinion about Ethereum. Observing the chart, we can see that the price a not long time ago declined to the current resistance level, which coincided with the support line, and at once turned around and started to move up near this line. In a short time later ETH reached a resistance level, which coincided with the seller...
Hello traders, I want share with you my opinion about Binance Coin. By observing the chart, we can see that the price some time ago started to trades in a range, where it first made a fake breakout of the 548 support level, which coincided with the buyer zone and then in a short time backed up. After this, BNB continued to move up and reached the 598 resistance...
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price some days ago in a short time rose to the 61600 level, which coincided with the support zone and soon broke this level. After this, the price some time traded near this level and then rebounded up to the resistance level and even entered to resistance zone,...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some days ago rebounded from the 63100 support level, which coincided with the buyer zone, and in a short time rose to the 68000 resistance level, but when it reached this level, BTC started to fall. Bitcoin declined to the buyer zone, where it reached the...
Even thou BTC is in a correction, in this macro regime altcoins should outperform. Injective has been one of the outperforming alts all thru the previous market regime. The technicals now: - Day MACD has reversed from the oversold zone and uptrending, histogram going upward - on the 4H TF MACD has already reversed from the oversold zone and about to cross MACD...
Hello traders, I want share with you my opinion about British Pound. If we look at the chart, we can see how the price some days ago it rebounded down from the 0.8575 resistance level and broke it, after which the price started to trades in the range, where it declined to the 0.8530 support level, which coincided with the buyer area. Then GBP bounced from this...
Hbar is consolidating inside of a macro range and has been for 3 weeks now. This is not a bad thing, it's good in fact. It was recently broken out of a major resistance area at 0.09 (give or take), which is major and now all price is doing is consolidating right above. Preparation for another leg up imo. Green is target, but expecting higher (point of...
Hello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price some time ago rebounded from the resistance line and made a strong impulse down to 0.6035 support level, which coincided with the buyer zone, thereby breaking the 0.6585 resistance level. After this, the price at once rebounded from this level and rose to...