Gold currently trading within a young range between the floor of approximately 1830 and the ceiling of approximately 1844.00.
We expect this to be broken throughout the trading week ahead with price break closing and retesting the technical level above and rising upto approximately 1855.00 as a rough ball-park price forecast.
If price fails to breakout of the...
BINANCE:LUNAUSDT
Hello Traders,
Luna has been trading in ascending channel for the last month. It has been trading within the rising channel starting from late November making higher high and higher lows and finally broke out of the channel by making 15% pullback (correction) started a new rising channel within few days. Prices are pushed up with strong volume...
The price is creating a descending channel on the daily timeframe after a perfect retest on the 0.618 Fibonacci level on the weekly timeframe.
How to approach?
IF the price is going to have a breakout from the descending channel and retest the previous resistance as new support, we can add to our watchlist and wait for applying our rules. Of course, is not...
Digital World Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the technology, SaaS, fintech, or financial services sector in the Americas. The company was incorporated in 2020 and is based...
BTT is near a strong resistance zone, The possibility of rejection from this area is higher but there is still hope to breakout this resistance.
After breakout of this resistance, You can set your buy orders, In the blue area to achieve a 25% gain.
see and watch :)
Based on the evidence shown by price movements and the RSI indicator, this range is probably the price floor and is ready to grow from this range ...
With over 100pips in our direction since my last publication (see link below for reference purposes); we witnessed a successful breakout of the supply zone to set the tone for a potential rally at least in the meantime.
It is no news that the USD collapsed against the major pairs during last week trading session, and the catalyst for this scenario is the US...
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
We witnessed over a 9,000pips move since my last publication on this pair (see link below for reference purposes) and the present structure reveals that price has continued to find higher lows since it hit bottom at $1,720. The Demand zone around the $1,770 area appears to be getting stronger as it continues to reject the sellers in the last 2 months. It is...
Not a BATS out of hell just yet but a breakout all the same. Broken away from 2756 and a good dividend, but now has to clear 3000 last established in Jan 2020.
BINANCE:AAVEUSDT
Hello Traders,
AAVE is forming inverse head and shoulders pattern on a daily timeframe which is a short term bullish reversal sign. Prices have been fluctuating between 160-300 since November. AAVE formed left shoulder and head during December and finally formed the right shoulder in 2022. Left neck is lower than the right neck which is one of...
Hi All, my main 3 take-outs from this analysis are the following:
1- Price brke the descending wedge at apical level with huge volumes. The movement was quite predictable as the prices were compressing more and more at the apex
2- My long term targets stays at around 6$-7$, as result of the wedge height projection and the breakout point
3- RSI indicating...
✅ Potential long opportunity at the rejections above 0.67 major level.
❌ Long bias invalidated when price trading below 0.6700
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Traders! if you like my ideas and do take the same trade, please write it in comment so we can...
The technical figure Triangle can be found in the US company FedEx Corporation (FDX) at daily chart. FedEx Corporation is an American multinational conglomerate holding company focused on transportation, e-commerce and services. The Triangle has broken through the resistance line on 18/12/2021, if the price holds above this level you can have a possible bullish...
