Hello everyone! Today's gold price is showing quite a promising recovery, with an early surge of nearly 100 pips in the trading session. However, this uptrend is yet to be firmly established, facing numerous uncertainties as the prevailing direction remains bearish, influenced by various monetary policies at play. The immediate resistance levels that gold must...
Gold Outlook: As the week kicks off, gold's price (XAU/USD) remains comfortably above $2,100, buoyed by expectations that the Federal Reserve may cut interest rates later this year. All eyes are on the forthcoming US GDP data for Q4, anticipated at a steady 3.2%, which could inject new life into the market. Currently, gold hovers around $2,168, experiencing a...
COMP has successfully broke the resistance uptrend trendline, after which an ABC correction followed. Based on these facts, we can assume, with high probability that the trend remains bullish, in fact, aggressively bullish. Therefore we expect a 100% price increase, where COMPUSDT should hit $160 mark, where double Fibonacci resistance is located.
#RUNE/USDT #Analysis Description --------------------------------------------------------------- + RUNE has unmistakably breached the resistance and is currently consolidating within a defined range. + The successful retest of the price reinforces the bullish sentiment, indicating a potential continuation of the upward trend. + With this in mind, I anticipate...
#INJ/USDT #Analysis Description --------------------------------------------------------------- + Price is at the current support level and i could see price retracing back to it's bullish trend + I'm expecting price to hit the its resistance level + I see a good long trade opportunity, i'm entering with 1%...
#LINK/USDT #Analysis Description --------------------------------------------------------------- + LINK is showing good bullish momentum and price retraced back and now it is bouncing back + This retracement is a good opportunity for a LONG trade + I'm entering a long trade with a good distance to the stop loss....
#AAVEUSDT (4H Chart) Technical Analysis Update AAVE is bouncing back from the support. As you can see in the chart, this is the 4th time its bouncing back from support and every time it bounced back from the support it made significant gain. AAVE/USDT currently trading at $85.24 Entry Level :$ 85-84 Stop Loss: Below $82.52 Resistance level 1(Target) :...
#EOSUSDT (4H CHART) Technical Analysis Update EOSUSDT is strongly holding its support level and now its successfully bounced from the support. We can expect a new resistance at 0.734 level, which is a good price level to move the stoploss to breakeven level. Long Entry level: $ 0.700 - 0.707 Stop loss: below $ 0.678 Target 1: $ 0.734 Target 2: $...
BINANCE:SOLUSDT (4H CHART) Technical Analysis Update SOLUSDT is currently trading at $102 and showing overall bullish sentiment We have clear Flag pattern on the SOL 1D chart and currently we are seeing flag pattern breakout. If the price follows the flag pattern then next target for SOL is around 400 Entry level: $ 95-102 Stop loss level $70 Target 1: $...
As you can see in the chart, this is the 4th time INJ is bouncing back from support and showing a bullish sentiment. We can this trend to continue and the next target for INJ is around $70 Entry level: $ 28-32 Stop loss level $ 23 Target 1: $39 Target 2: $45 Target 3: $ 59 Target 4: $ 69 Max Leverage: 2x Don't forget to keep stop loss. Follow Our...
BINANCE:ROSEUSDT is heading towards next support line around 0.106 and, this support line head strongly last two times. Once it hits the support line we are expecting it to bounce back strongly and head towards the resistance level at around 0.1211 Overall ROSE is forming the triangle patterns and breakout from this triangle pattern will give a big move. We...
BINANCE:TLMUSDT (4H CHART) Technical Analysis Update TLM is currently trading at $0.01361 and showing overall bullish sentiment after the falling wedge breakout We are seeing a clean falling wedge pattern with a perfect breakout signalling a bullish momentum. Entry level: $ 0.01309 - 0.01360 Stop loss level $ 0.01193 Target 1: $ 0.01429 Target 2: $...
BINANCE:NEOUSDT (4H CHART) Technical Analysis Update NEO is currently trading at $11.73 and showing overall positive sentiment Price broke-out from the resistance easily and we are seeing back to back green candles. We are expect this trend to continue and see some pullbacks at the resistance around 13.5 Entry level: $ 11.00 - 11.74 Stop loss level: ...
BINANCE:FLOWUSDT (4H CHART) Technical Analysis Update FLOW is currently trading at $0.806 and showing overall bullish sentiment. We can see a clear descending triangle breakout and price is moving nicely after the breakout. This is showing clear bullish momentum and we can expect the price to hit our targets easily. Entry level: $ 0.779 - 0.805 Stop loss...
BINANCE:DOGEUSDT (4H CHART) Technical Analysis Update DOGE is currently trading at $0.08319 and showing overall bullish sentiment after the breakout from the descending triangle pattern. We are expecting the price to retrace back to the support line and once it hits the support we can enter the long position. Entry level: $ 0.08091 - 0.08316 Stop loss level:...
BINANCE:SEIUSDT (1D CHART) Technical Analysis Update SEI is currently trading at $0.9030 and showing overall bullish sentiment We are seeing confirmed breakout from the resistance zone. Currently price is heading back to its support level (Previous resistance level), we can expect the price to bounce back after hitting the support level. Enter 50% of the...
BINANCE:SKLUSDT (1D CHART) Technical Analysis Update SKL is currently trading at $0.08978 and showing overall bullish sentiment after forming saucer pattern As you can see in the chart, SKL formed saucer pattern previously and had a nice long trend after the pattern, Currently it formed the exact same pattern. We are expecting the price to move in the same way....
BINANCE:MEMEUSDT (4H CHART) Technical Analysis Update TOKEN is currently trading at $0.022504 and showing strong bounce back from its long tested support around 0.021543 This supported has retested 4 times and two times it bounced back to its resistance level. we are expected the next movement to reach its resistance around 0.029273 range Long Entry level: $...