📊#BTC rising triangle failure, alert to medium-term fall risk.⚠️ 🧠From a structural point of view, we fell below the bull defense point, so the big double top bearish structure was established. If we fall according to this structure, there is a high probability that we will enter a deep callback stage, so please be wary of being bullish! ➡️We are currently near...
Go higher. The rationale behind : 1. Sentiment on open positions of retail traders 2. Data from the latest COT report on positions of major players 3. Cumulative metrics of technical indicators
The pair has been trading in a bullish trend for some time. It recently got rejected from a strong resistance zone and now looking to retest the same zone. If the price will be clearly rejected from that zone, I'll be looking for short trades. Please do your own analysis before placing any trades. Cheers and happy trading.
Bitcoin (BTCUSD) is technically about to complete the Right Shoulder of the Inverse Head and Shoulders pattern (IH&S) that followed the All Time High (ATH) of March 14. The driving vessel behind it is a (dotted) Channel Up whose Bullish Leg peaked at +19.50% and its two Bearish Legs so far have been around -8.00%. As you may realize, there is a high degree of...
Please, check our technical outlook for ETHUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 3,770.2. The above observations make me that the market will inevitably achieve 3,568.9 level. P.S We determine oversold/overbought condition with RSI...
From yesterday to today, the price has been fluctuating in the range of 67100-68340. The price just broke through the upper limit of the resistance range of 68340. In the short term, BTC has entered a bullish trend. The main trading idea is to buy when the price falls back to the support level. It is not recommended to sell for the time being. Trading suggestion:...
As we wrap up the past week, EUR/USD has shown stable trading with a slight retracement. However, this minor dip is not expected to affect its long-term upward trend. By closely observing the 1D chart, it's evident that EUR/USD has reached the 0.618 Fibonacci retracement level and found support there, with the EMA 34 and 89 converging at this support level. This...
From the daily chart, after the US market experienced a wash-out trend on Friday, the direction and space of gold have been opened, showing an obvious weak and volatile trend. A triple top was formed near 2360. Multiple pressures from above may suppress gold bulls again. At present, there is a great possibility of a sharp decline. The support below will first...
Traders Alert ! If the Front Month S+P 500 Futures Contract June 2024 (ESM24), closes below 5216.75, then a potential waterfall decline could occur. Traders are advised to closely monitor the market this afternoon near the close, as Month- End Position Squaring, especially those on the wrong side of this market, as well as the two day weekend,could heighten...
BTC Update: In the last 24 hours, BTC touched the $70k range but quickly got rejected back to $67.5k. In this daily time frame, it is clear that BTC must break above the blue box to set a new high. The FWB:65K support still holds strong and is likely to maintain it for now. Do your own research before making any decisions. Regards, Team Dexter.
I like this setup on a low risk sale at 10920-50… see if it plays out.
Hello everyone #Bitcoin grows either with a double bottom or after completing the BEARISH channel. Static areas and targets are shown in the figure
Bitcoin (BTC) has lost momentum over the past two days, raising concerns among analysts, and traders. The leading cryptocurrency is currently trading sideways, lacking the strong volume needed to break through key resistance levels. Low trading volume often precedes price dips, and if we don't see a surge in buying pressure soon, we could see Bitcoin revisit the...
Trading Setup: A Trading Signal is seen in the FXSUSDT FraxShare (4h) (spot) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 4.248 ⭕️SL @ 3.82 🔵TP1 @ 5.5 🔵TP2 @ 6.7 🔵TP3 @ 9.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading ...
Hey guys have a good time ,I want to share one point about bitcoin movement .If you pay attention weekly time frame ,Bitcoin reaches to 70000 .As can be observed BTC had touched this limited prices resistance previously .So in my idea this coin definitely will react to this limited prices again for ^third time^ I’ve just share my idea it doesn’t mean you buy or...
Falcon X /FALXDEX is a new dex build on Solana. Based on their website, team want to establish Fastest dex on solana, well i m sick of swapping meme token on solana using RAY and Jup, so this FALX provide that solution and yes i have tried many times swapping token using FALXDEX, FAST and SMOOTH. so far FALX is the fastest tbh. Though its only 15 days old now but...
If it closes like this on a weekly basis, it doesn't give us much special data, it has very good support on a daily basis, 67254 and 66256, these two are very important daily support for Bitcoin, in my opinion, we are suffering now in the box, so I don't know if it is better to go up or down, but when The volume is decreasing, which means that the people are not...
Hello everyone, what are your thoughts on the trend of GBP/USD? From the analysis charts, it's clear that this currency pair still has upward momentum, moving steadily along the trendline. The higher highs and higher lows continue to support this momentum. I anticipate that the price will climb above the 1.285 level (the upper trendline limit). What about you?...