AUDUSD is trading in symmetrical triangle. within the triangle the pair has formed local demand zone and seems like it will attempt for another bullish leg.
In this analysis, we will focus on KUCOIN:BTCUSDT 's price movements and the PVVM (Price-Volume-Volatility-Momentum). Macro PVVM: The Macro PVVM represents the long-term trend of BINANCE:BTCUSDT . As we can observe, the Macro PVVM has been fluctuating in the overbought zone between 101 and 221 over the analyzed period. Currently, it stands at 146,...
ATOMUSDT is looking strong for bullish setup. ATOMUSDT is repeating the same pattern over and over again. Currently the price is getting support from 9.5 region. if this level holds , it will be nice buying option.
OPUSDT seems to be in good bullish momentum and at the verge of breakout. Currently the instrument is facing resistance from but seems like it is ready to break it. if the price successfully close above 1.65, will be good buying option.
GBPAUD is trading in bearish parallel channel. And also completed ABCD pattern which signs for a bullish attempt. As the RSI being over sold seems like a potential buy setup. what you guys think of it ?
From last 2 weeks gold is been on enormous bullish trend. Currently PM is trading at strong supply zone. If this time gold rejected from supply it will head much more to downside. what you guys think of it ?
UNIUSDT is in strong bullish trend and currently trading in bullish parallel channel. Currently the price is retracing to nearest level but seems like the instrument is getting ready for another bullish move. what you guys think of it ?
NZDUSD seems to be in good bullish momentum. Currently the pair has completed the 4th retracement wave around FINB golden ratio. Will the pair continue bullish trajectory and complete 5th wave.?
AUDCAD has formed double top with strong bearish divergence. Which is potential reversal pattern. Will these confluences put the pair in sell pressure.?
NZDUSD is moving in an ascending channel. The market has reached the major resistance level at 0.64000. The market is overbought. It dropped from the resistance, and we'll see at least a pullback. The price is near the psychological level, and if it rejects the level, then we might see a massive drop from it
ALPHAUSDT was respecting the falling trendline but recently it break the trendline along with bullish divergence. Currently the instrument is making support zone but it seems like it is getting ready for some serious bullish momentum.
NZDCHF is testing a wide horizontal zone of demand. The price formed a double bottom pattern on that and currently retesting the broken neckline. I think that the pair may bounce from the underlined area
NEOUSDT was trading in downtrend and the finally breakthrough falling trend line. Currently the pair is forming a strong demand zone and seems like it is getting ready for bullish trajectory.
USDCAD was trading in bullish channel and has formed Head and Shoulder in channel and then break through channel and also break the HnS neckline. All these things joined and predicting a bearish move for USDCAD.
LTCUSDT is respecting well the inclining trendline and currently trading at 60% fib retracement level. Will the price bounce from this demand zone.
GBPUSD spiked during NFP because of softer USD data. The pair is trading at weekly supply zone and now being rejected from zone for deeper correction.
GBPNZD has break bullish channel and currently respecting the falling trendline. Price may test the falling trendline for one more time and then it may fall.
if you look at this pair at a glance, it looks like there is an opportunity to short, because the price has broken out of the trendline. it is better to wait a while, if the price can go down deeper than the blue line below, then the price will most likely go to the support area. this analysis is valid as long as the price does not rise back more than the invalid area