OANDA:XAUUSD market is still bearish. Breaking through the resistance of the descending channel may not play a key role. The price is in a global wedge and we see a bounce forming from support.
On Friday, we saw a strong rally that many did not expect. The price was bullish on the inflation related news. Looking at the technical picture some things might...
BINANCE:XLMUSDT forms the bottom, relative to which the price develops positive dynamics. After testing 0.0758, a rally is formed and the price makes a retest of the trend resistance.
As we can see, a three-day accumulation is formed in relation to the resistance. The market is obviously ready to continue rising, but in order to do that the price needs to...
OANDA:XAUUSD forms another bearish range of 1912-1985. The price is descending in steps in the channel, which indicates a strong dominance of sellers in the market. What do you want to see next?
After the false breakdown of the support 1895, the market tries to buyback the fall and it succeeds. The price makes a retest of the resistance 1912. Another false...
FX:USDCAD on W1 demonstrates exiting a symmetrical triangle downwards. A correction or rebound from downtrend support is forming. What to expect from the price in the near term?
The price forms a bearish price channel and after another retest of the trend support the currency pair forms a rebound to the resistance area 1.32697-1.33171. There is a high...
OANDA:XAUUSD forms a new local low and then makes a retest. The bearish scenario continues, which tells us that gold will continue to red, unless, of course, the fundamental backdrop takes the opposite direction.
The phase of realization of the accumulated potential is forming.
When the support of the 1939 range is broken, there is a new downtrend in a...
currently the gold is moving between a bearish channel and is broken below the weekly resistance ..in that case it would be fall more until 1880 weekly support which was previous resistance .in that point gold seems quite bearish .we can see the daily demand around 1910 area was actived and price moved to 1930-1936 area again.
on other hands , IF the gold trade...
OANDA:XAUUSD is preparing for further declines. Bears on the basis of negative fundamentals are not going to give up. Another retest of support is forming, which increases the probability of further downside
Closing of the daily candlestick on Tuesday is very close to the indicated level of 1912.5. The retest is formed - the market checks the support area....
OANDA:XAUUSD continues to form a sideways range of 1938 - 1912. But if you look closely, we see a symmetrical triangle on the downtrend. What can happen to the price?
The triangle can affect price both bearishly and bullishly. If sellers hold resistance, price will move to the lower boundary of the pattern - the chance of further declines will increase. But...
BINANCE:NEARUSDT forms several key setups which are quite strong prerequisites for further growth. What to expect from the price?
A double bottom is forming at the level of 1.229. The formation period is 7 months. Price is accumulating a huge amount of energy during this period while a range (consolidation) of 1.229-2.596 is forming.
At the same time the...
The market stops OANDA:XAUUSD fall at the local support level of 1912. On Friday, we saw a redemption of the fall, but the price could not overcome the resistance. The retest sent the price down.
There is a sideways formation of the range between 1938 and 1912. The price might test one of the key resistances, but there is not much of a potential for the...
XMRUSDT is under strong sell pressure and continuously printing LL and LH. After recent sell off currently the market is making LH, will it print new LL?
Everything is going down, and there are rumors everywhere on the internet that Bitcoin and Crypto are manipulated by the banks as they have extreme power and the ability to create money. It was confirmed by Jerome Powell. He also agreed that the central bank flooded the system with money. You can watch it here.
I want to add to this topic as well. So, let's...
Bitcoin Daily Chart Analysis
As per 4 hr. to 1 Day chart pattern, Bitcoin movements still in descending parallel channel patterns from last 40-60 days continuously in between the up-down cycle of $2k-2.5k from $26.5k to $28.8k and Soon upto next 7-10 days it's Break-out point arrives and then Bitcoin Price breaks the barrier of FWB:25K to reach in first mark of...
Bitcoin is very bearish, and I expect lower prices. We have a strong bearish Elliott Wave base (a symmetrical triangle), and on the chart you can see my primary Elliott Wave count. This strong Elliott Wave base is an indication of a big crash.
The price should not go above 27666 (only a wick is allowed above this level). This is a strong resistance because of...
Hello Traders👋🏻
The NZDUSD Price formed a Falling Wedge & Reached a Resistance Line ✔
Currently, The Price Broke This Resistance Line 📈
If Price Stays Above The Key Zone, NZDUSD Can Continue The Bullish Move 📈
-----
TARGET: 0.62915🎯
___________
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
It's over for Bitcoin because the whales started to manipulate the price. But fortunately, I know their plan, which is why I have to share it with you as soon as possible!
First of all, whales. They want as low a price as possible because why should they buy at the current expensive price when they can send Bitcoin back and buy it cheaper?
This is an analysis...
