The previous green cycles have had good growth and It should be seen whether the last green cycle will be a continuation of the previous cycles or not? watch it
On the monthly charts I see a bearish trend that has settled int a major consolidation/ranging market. Within the weekly leg, we have another bearish move and a consolidation. On the daily chart we have a break of structure confirming a bearish trend. Presently, I am waiting for a bearish correction to activate the sell limit orders.
FX:XAUUSD is forming a bearish wave, within which it is declining from 2400 to 2350. The price is testing strong support amid the changing sentiment. Within a bullish trend, after testing the high of 2450, the market catches up with a correction wave based on fundamentals. The market is caught by a wave of sell-offs, which can be continued after a pullback...
Sell on the theory markets ranges 70% of the time, and sell on the theory markets retraces HALF of the previous leg 90% of the time. Wait for 30m LTF breakdown for entry confirmation.
The current shape of gold is similar to the head and shoulders. Analyzing the shape combined with indicators, there is a high probability that it will rise first and try resistance. Therefore, the trading strategy continues to be long first and then short, focusing on the 2358-2369 range. If a head and shoulders are formed, a decline to 2280 is inevitable. At...
FX:GBPJPY is testing trend support, but buyers are keeping the price away from risk zones. The currency pair is returning to the bullish zone relative to 193.5, which generally opens up the market to 195.0-197.0 upside potential On W1, the currency pair after a false breakdown of global resistance is moving back to 195.844, which generally tells us about the...
Support level around $142 - $152 which I'm expecting a bounce from, then the next stop will be around $215 - $220 followed by a small correction. We need to head down before we continue to move forward to let the RSI cool down and allow people to take profits as Solana has moved up a lot over the last 12 months. Once we bounce of support and receive...
Silver formed 2 bullish patterns on an hourly time frame after a correctional movement. I see a tiny double bottom formation and a falling wedge pattern. Neckline / trend line of both patterns were broken. We might see a bullish movement today. At least to 30.9 ❤️Please, support my work with like, thank you!❤️
FX:USDCHF is forming a false breakdown of range support and uptrend, which opens the market to buy potential. CHF is weakening stronger than the dollar and this could support the uptrend. On D1, the price tested the MA-50 ascending average with a false breakdown, as well as a strong support area at 0.900. Liquidity capture and candlestick set-up form the price...
AKCNS broke the support line; 135-139 could be a new area to buy in the long term. Not financial advice.
Why isn't ETH pumping right now? Here are some possible reasons: No capital inflow: The ETFs haven't started yet, so there's no fresh capital inflow. Early buyers: Since the SEC decision earlier this week, many have already bought what they wanted. Regulatory hurdles: Only the 19b-4 filings were approved today, not the S-1 forms. In contrast, the Bitcoin ETF...
The market has taken a sharp plunge from the resistance zone, reminiscent of a similar -6% decline that occurred after the previous all-time high. Currently, OANDA:XAUUSD has already dropped by around 5% from the resistance level at 2450, leaving room for further bearish momentum towards the psychological level of 2300. On the daily chart, we're seeing two...
I am looking at crude to make a retracement today after couple days of down movement its been nice but can;t last forever. So the arrows display where I think price will go today as a first target and second PDL Keep it real simple on Fridays you got the weekend coming and you don't want to go into it with a loss or a win stay neutral.
I am currently supporting the long side of this pair, would be waiting for some confirmations before entering market
As of my last post after reaching 0.00001500 range yesterday I expect the price to go back to the 0.00001250 range later today, with major exterior factors/news covered and Ethereum ETF approved but trading only starting mid June I can see a short term correction on the way. This is not financial advise just my own analysis
(if we are lucky ofc) The network is pretty much unusable right now for regular people. A Rich man's chain. Either way the ENS chart presents a potential inverse head and shoulders that has a large log target reaching back to previous high's makes sense to me.
Price formed a complete 3 drive pattern with an engulfing on the 4hr signaling a drop. We also have a break of market structure on the 1hr which support my short bias.
Hello everyone! #IMX, I dare to suggest that a head and shoulders technical analysis pattern is forming on the chart. It can be observed that the price reacts well as it approaches the 0.786 Fibonacci level. In this area, the left shoulder was formed and now the right shoulder may be forming. The neckline is at a strong Fibonacci level of 0.618. The price...