AMZN is currently sitting on a major historical support between 2020 and 2080. I believe it has never been so oversold. It does't mean it cannot go lower. So, will it dive? One thing is for sure, tech and growth are not in favour. You have 3 options here: 1. You think the support holds. Go long. The coming stock split could boost the price. 2. You believe the...
As ETH came down to my previous charted 1600-1800 range, spurred on by the drop in performance of the S+P And the luna crash, I believe we may now be entering the last phase of accumulation to form the double bottom. Expecting an upswing end of May early June with a rally to 3500+, should find new support around there. Bullish on 5k+ eth by the EOY. Let me know...
the price tested again the 0.786 Fibonacci level on the monthly timeframe and have a breakout from the descending channel on the weekly timeframe. As you can see the price has a confluence on 227$. On the 4h timeframe the price created a descending channel had a breakout but without momentum. So How we can approach it? If the price is going to loose the...
The price is testing the weekly resistance after a bounce on the monthly support on 0.34% Due the news the price had a bullish impulse. on the daily timeframe the price lost the previous support as new resistance and now the price is testing it. on the 4h timeframe, the price is testing the daily and 4h support. How we can approach it? The price could have a...
LINK broke $10 important support in relatively high volume. Entire crypto market is in panic, a beautiful indication that we are approaching the bottom. • To begin the uptrend LINK needs to regain, in a short period of time, $10 level. • I don’t suggest to short LINK now, cause it’s already near to a bottom. It’s wise to wait for a break and test $7.50 as...
The price lost the support after the breakout from the channel. the market had the demand zone on the 2.9$ and now the price could flip the demand zone to the supply zone. The price had a false breakout from the monthly resistance on the 3.9$ where the price got the liquidity for the bearish impulse. How to approach? The price could retest the demand zone as...
Hello guys, One of the most possible scenarios about Gold for this new week would be selling on peeks to get better risk reward ratio. Last week price broke the support area and now the we are waiting for a pullback to sell with other traders on the market. For the following days we will track gold price on the chart and if any important event happens, we will...
Price broke through ascending trendline and hit the monthly support level. We can expect a retracement of the broken support.
The price is testing the important Weekly support on 1792$ On the 4h timeframe the price had a breakout from the falling wedge and got a rejection from the 4h resistance on 1935$. The market creates a demand zone between the weekly support 1792$ and 4h support 1748 How to approach? The price could get the liquidity from the demand zone and create a new bullish...
currently, we are seeing the price held by a strong support level at 86.610, I will wait for the price to break out of the support level with strong momentum down before placing any sell order. **Disclaimer** the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent...
The price is creating a descending channel after a breakout from the dynamic support on 115$ The price is testing the 100$ support eight now but we could see a new bearish impulse soon How to approach? IF the price is going to lose the 100$ support, we could see a new bearish impulse until the 0.886 Fibonacci level, According to Plancton's strategy , we can set...
Gold is reacting to this support (1920-1916), if broken wait for pullback with a stop loss 1925 and profit target reward 1:2.8x at price 1890.
#usdjpy The price is in a range now, and a false break has occurred, and I expect a break to the bottom and a downside
A beautiful Long move for USDJPY if resistant should break even
EURCAD is overall trend is bearish, structure is bearish. market retraced back to a resistance level converging in a channel. we can see momentum break to the downside. I think this pair will drop to the target marked on the chart. Goodluck!
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS NEXT WEEK ON US 500. The index opened the week with a bullish rally since it broke out of that descending channel . * The index is still strongly bullish looking at momentum to the up side, but what goes up must come down as we definitely...
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE AUD / DOLLAR * The PAIR has been trading in a Ascending channel , just tested the roof of this structure creating a double top at resistance level now in a delay range possibly signaling a shift in momentum. - Short term the pair is in a up trend on lower...
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE DOLLAR / YEN * The PAIR has been trading in a Ascending channel , just tested the roof of this structure after that extending this move with a strong bullish rally towards the upside, Then saw that beautiful correction with the bears after that resistance...