Bitcoin Analysis Today D1: Bitcoin surged strongly on Friday, forming a wide-ranging bullish D1 candlestick that closed near its high, indicating strong buying pressure on that day. This buying momentum was sustained over the weekend as Saturday and Sunday both witnessed price increases. Structurally, Friday's bullish D1 candlestick is significant as it broke...
Hello TradingView Family / Fellow Traders, As per my last analysis, ETH rejected the $2900 - $3000 support and traded higher. What's next? Scenarios: 1️⃣ Bullish For the bulls to take full control again, a break above the last high marked in orange is needed. In this case, a movement towards the $4000 resistance would be expected. 2️⃣ Bearish In...
If you haven`t bought HOOD before the previous earnings: Then analyzing the options chain and the chart patterns of HOOD Robinhood Markets prior to the earnings report this week, I would consider purchasing the 20usd strike price Calls with an expiration date of 2024-9-20, for a premium of approximately $2.22. If these options prove to be profitable prior to the...
Today, EURUSD continues to move within a descending price channel, with the pair currently trading around the 1.076 level and approaching the upper boundary of the channel. Another downward movement is expected as the selling side continues to firmly defend the price channel!
Greetings, savvy and wealthy investors! Today, gold prices are trading negatively. However, the outlook for the precious metal remains constructive, as XAU/USD sits above the EMA 34, 89 lines. In the short term, gold prices are still constrained within a gradually declining trend channel since mid-April. However, the path of least resistance seems upward as the...
Please, check our technical outlook for USOIL. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 78.43. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 80.05 level. P.S The term oversold refers to a...
Take a look at our analysis for AUDCHF. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.599. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.602 level. P.S Overbought describes a...
Here is our detailed technical review for GOLD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 2321.11. Taking into consideration the structure & trend analysis, I believe that the market will reach 2404.25 level soon. P.S The term oversold refers to a...
Hello,Friends! EUR-AUD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 1.658 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the EUR/AUD pair. ✅LIKE AND COMMENT MY IDEAS✅
Hey there, what do you think about SOLUSDT? Currently, SOLUSDT is showing relatively stable recovery phases, with prices receiving support around $125.80 and gradually approaching the resistance level as marked on the chart. If we successfully break and close above that level, we could expect a target around $180.100. On the other hand, SOLUSDT might still...
Hello,Friends! USOIL pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 81.20...
Hello,Friends! We are now examining the USD/CHF pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.916 level. ✅LIKE AND COMMENT MY IDEAS✅
The world gold price is currently trading around 2320 USD. "The recent downturn in gold prices we've seen over the past few weeks may be weakening. US employment figures have weakened the USD, creating an opportunity for the world gold price to rise," an expert noted. According to technical analysis, in the short term, the next resistance level for gold is 2,360...
After rough couple of days of stock and major indices decline, we are seeing some buying power coming in to the markets. DuoLingo, a platform made for learning languages with million of users worldwide, is forming a Cup and Handle, which once broken could bring good price rise. What to watch: 1. Stock is regaining it's 50 day exponential moving average. Huge...
Hey everyone, What are your thoughts on whether we should buy or sell BTCUSDT today? After carefully observing the data and analyzing the charts, BTCUSDT appears to be in an accumulation phase and is currently consolidating with the EMA 34, 89. It's expected to continue sideways movement around the current level near the support area and may bounce upwards once...
Last week, the market had access to a plethora of US economic data, including the FOMC interest rate decisions, non-farm payroll reports, and service sector production data. These reports all indicated that the Fed would maintain the current USD interest rates. The reduced expectations for a rate cut in June meant that gold had to continue its adjustment...
Gold prices (XAU/USD) halted a two-day decline during the European trading session on Monday. Weaker-than-expected US employment reports have raised the likelihood of the Federal Reserve cutting interest rates in September, which weakened the US dollar and boosted the price of gold priced in USD. However, there's concern that easing tensions in the Middle East,...
Hello everyone, Today, gold prices continue their recovery momentum since Monday, with the metal gaining over $25 since the start of the new week. Although gold has experienced two consecutive weeks of decline following a five-week recovery streak, overall investor sentiment remains optimistic towards this precious metal. From chart analysis, we observe that...