Hey there, ✌ In the short-term timeframe, we've observed that Bitcoin has surged from the $60,000 range to a high of $69,000. However, following this peak, the price has shown a negative reaction, undergoing a minor correction down to the $67,000 levels after a brief period of fluctuations. Currently, the price has remained in a range after encountering the...
Hey there, ✌ In the 4-hour timeframe, as observed on the chart OANDA:XAUUSD , gold's price has seen a minor rise after reaching the $2,600 level and is currently trading around $2,657. In the short-term outlook, one possible scenario is that after encountering the $2,668 supply zone, the price may enter a consolidation phase, with a slight pullback toward the...
Hey there, ✌ In the 4-hour timeframe, a downward trend is evident from the level of 0.69400. Currently, due to the breakdown of the significant support level at 0.68, the price has corrected to the liquidity zone of 0.67. If the momentum weakens in this price range and the level of 0.67 is maintained, we may witness a ranging trend with minor positive...
Hey there, ✌ In the short-term 4-hour timeframe, we’ve observed a bearish trend starting from the 0.63700 price range. The recent breakdown below the 0.62500 level has pushed the price down to the 0.62000 zone, showing some corrective movement. Currently, the price is trading around 0.62000.my short-term outlook leans toward further downside towards targets at...
today the market was collecting liquidity to start moving up. given the cease fire in the conficts we heard. Watch this area for breakout. IF IT GETS REJECTED we shall be looking for a new all time high.
4H Bullish Pennant Pattern Expecting NFP News to push Gold to new highs. Fundamental & Technical Confluence.
right now london is making the accumulation plhase. newyork is expected to distribut bearish supported by the technical analysis trendline on 4h is broken as wellretesting as 20 ma crosed below 100
BTCUSDT has recently reached a KEY RESISTANCE level on the 4 hour timeframe. We've seen multiple rejections from this zone in past data, showing strength in the SHORT trade, where it may look to initiate a BEARISH trend. The key to this movement is waiting for a definitive move via BIG VOLUME CANDLES, price could reject off the zone temporarily and retrace back...
The day has arrived!! Today is predicted to be the first rate cut by the FED since the COVID crash of March 2020! Two years after that in March 2022 the FED begun rate hikes in an attempt to stop the rising inflation. Now that inflation is close to the FEDs target of 2% it's time to stimulate the economy with cheaper borrowing. The big question is, 25bps or...
We are completing the flag then wait for confirmation wether it will confirm or reject
Touched the orderblock right under SMA 13 after making another Higher High. Which could suggest that this will be the Higher low before we have a break of structure to the upside. I suggest you take partials on the way to the final TP. Also funding rate on binance is -0.46%
OANDA:AUDCAD The Weekly, Daily and 4H are bearish making my bias bearish. We have a rejection at Daily Resistance with entry based on a 4h bearish engulfing candlestick.
On the 4-hour chart, as you can see, Bitcoin's price faced some demand after ranging and minor fluctuations around the $53,700 level. Following the break above the $60,000 channel, it managed to grow by almost 20% to the $65,000 range. Currently, it is trading around $64,400. My expectation for Bitcoin is that it could grow to the 66,700–67,500-dollar range. If...
The Gold/US Dollar (XAU/USD) 4-hour chart shows a potential inverse head and shoulders pattern, indicating a bullish reversal. The price is around 2329.01 USD, facing a mini resistance level at approximately 2340 USD. A strong resistance and supply zone is noted at 2368.73 USD. The chart suggests a bullish breakout from the mini-resistance level, targeting the...
The chart for Gold/US Dollar (XAU/USD) on a 4-hour timeframe from EightCap shows a bearish trend. The price is currently at approximately 2311.85 USD and has broken below an upward trendline, indicating potential further downside. A significant resistance level is identified around 2326.63 USD, where the price faced selling pressure before the recent drop. The...
Hello everyone, I invite you to a quick review of BTC to USDT pair, taking into account the four-hour interval. As we can see, currently the price has bounced off the downtrend line and we can observe a rebound. Moving on, we will move on to marking support areas when the price starts to go down again. And here, using the trend based fib extension grid, we...
The USDCAD creates a support level at 1.36200. There is also a vertical downward trendline that touches three times its trendline, which may drain the market downward. If the market holds this support level then the market goes upward to the trendline. But if the market breaks this support zone then the market goes downward to the 1.35600 level.