ETHEREUM along with BITCOIN have both produced huge gains this year with ETH up 93.66% and BTC at 166.35%. For me ETH is at a crossroads and the positives and negatives in my opinion are as follows: POSITIVES: - The market looks strong, consolidation periods are not long in duration, and price has just broken out of a long term range. It looks like crypto...
A: Find a new resistance, volume was high too B: Test and failed the resistance C: Attemp to break but it won't even be near D: Fail at the support zone E: Break heavily with a high volume F?: It could be a pullback to the break to immediatly continue failing to the next support zone
This is not a financial advice Conditions: 1.Fibonacci level:❌ 2.Bollinger band:✅ 3.Momentum:❌ 4.Price action:❌ 5.Volume:❌ 6.1d tf:✅ 7.1w tf:✅ 8.1M tf:✅
Hey there! In the daily time frame, as you can see, the price has been fluctuating within the range of 0.10 after breaking out of the downtrend and rebounding to the 0.11 level with some partial positive fluctuations. Currently, it's trading in the price range of 0.1240. There is a possibility of growth towards the liquidity range. Currently, the expectation we...
In the medium term, the expectation we can have is that the price may be able to grow towards the range of 1.70 to 1.90. 📈🚀The important support ranges are at 1.40 and 1.30. 🟢 Keep in mind that these are just scenarios, and it's important to conduct your own analysis and consider other factors before making any trading decisions 😊📈📉 ❌ (DYOR) ⭕Of course, if you...
The price of USDJPY currently traded at 151.500. And major resistance and supply zone at 152-152.200 area. But the market takes some liquidity till 153.500-154.00 point and then down to 149.00. Price is also in an uptrend and bound in an upward rectangle. Ans the news about Japanese banks increasing the interest rate for the first time in history that impact on this.
Hey there!😎 In the daily time frame, as you can see, after a price decline from the $0.17 range, there was a positive reaction, and it is currently trading within the price range of $0.19 while following a downward trend line. In the daily time frame, one can expect that if the downward trend line is broken and the price consolidates above the $0.20 range, we may...
The price of gold currently traded at 1977. And the last high is 1997, if price break the resistance directly then gold price further go up 2040 1TP, 2075 2TP. but in case of some retracement price go down ant 1950-1955. and then 1930-1915 that is most demand zones, then further go up. that's mention in chart.
The price of btc traded at 30950. And the resistance at 31600, also have supply zone. Market stay there and the down to 28500, that is demand zone. And create a faire higher-high, higher -low pattern.
Hey there! 😊 On the daily chart, As you can see, the trend turned quite bullish after it broke past that pesky resistance at 78 and overcame the dynamic resistance too. Right now, it's hanging out around 86. Fingers crossed, if it stays above the 82 mark, we could see it making its way up to the 90.70 resistance level and even touching the long-term supply zone....
Solana is in the news of late due to the worry that FTX will have to sell their holdings in SOL and Solana based altcoins. Solana tokens account for $128m out of the $1.5b in assets on the Solana network held by FTX. The fear is that a dump of these coins would be detrimental to the altcoins price. For me the chart is simple. When we look at the 1D chart there...
In the daily timeframe, as you can see, based on past analysis, after a correction from the important resistance zone, the price started moving positively and is currently trading around the price range of $26,900. From a technical perspective, the previous report remains valid, and in the long term, we might witness a price correction towards the correction...
Hello Traders:) Let's start by recognizing the overall trend in the electric vehicle sector. Global sales of electric vehicles have more than doubled in just two years, marking a sixfold increase compared to 2020. Considering the future bans on the sale of gasoline-powered cars, this trend is expected to be sustained and even strengthened in the near future. This...
Hey there! In the daily timeframe, as you can see, the trend fluctuates within the price range of $5 and $10. ▫️ Currently, it's trading around the $7.20 price range. The expectation we can have is for the price to continue towards the price range of $6.50 and the support zone of $5.50 with a corrective trend. To better understand the continuation of the upward...
A) Max price with a lower volume than pandemic B) Break failed, volume decreasing post pandemic C) Another test to resistance should occur D) Walmart adjusting to reality E) Price should break the support with a big volume F) Final track to the next Support at 80-75
Hey there, buddy!✌️ By examining the chart in the daily timeframe, as you can see, The price has been moving back and forth between $31,000 and $29,500, showing a consolidation pattern with decent trading volume. It's crucial to keep an eye on the support level at $29,500 to see if it holds. Now, here are a couple of scenarios to consider: Scenario 1: If the...
Hey there! In the daily timeframe, we can certainly see that after a rise from the $172 range, there was a corrective trend. And now that the price has broken through the LOW $155 mark, I'm kinda thinking we might see it adjust around the $149 and $145. However, it's always good to see how the price reacts at support levels. What's your opinion? Do you agree with...