Neutron (NTRNUSDT) has recently tested the lower boundary of its ascending channel, demonstrating a remarkably precise bounce from this support trendline. This bounce follows a notable breakout above the channel, affirming the presence of a significant bullish trend. As we look ahead to the coming week, we anticipate a continuation of the upward momentum, with...
Analyzing the options chain and the chart patterns of HUT Hut 8 Corp prior to the earnings report this week, I would consider purchasing the 8usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $3.30. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
If you haven`t sold the top here: In my view, Ethereum may soon demonstrate a textbook double top pattern, where the second peak is lower than the first, accompanied by reduced volume, signaling a potential downward move towards the $3000 area.
If you haven't sold TRX when the retracement started: Now, I think we are going to see TRX Tron trading in the consolidation area, between $0.10 and $0.12 for the next week or so.
If you haven`t bought ADA before the altcoin season rally: Now, I believe we are going to see a retracement from this Double Top formation, one of the most bearish chart patterns, to $0.53!
Achieving a scenario where MSTR trades at parity with its Bitcoin reserves would necessitate a remarkable surge in BTC price to $157,000, marking a staggering 130% increase from current levels! At today's BTC price, MSTR's ideal settlement range would hover around $775-$800, representing its fair value! Adding a slight premium, my adjusted price target for MSTR...
QTUMUSDT has broken above the uptrend trendline resistance, a significant milestone in its price action journey. Following this breakout, we observed a subsequent breach of the previously established high at $4.27. While the current pullback may appear as a temporary setback, it actually presents a compelling long-term buying opportunity not only for QTUMUSDT but...
GBP/USD is facing downward pressure and has slightly dropped below the 1.2600 level during the European trading session. However, market volatility could increase towards the end of the European session, potentially necessitating a retest of the support zone at 1.2584 during the U.S. session.
Currently, Bitcoin is experiencing a simultaneous price surge with indications suggesting it will break through the resistance level of 71,649. It is anticipated that after surpassing this level, the price will continue to rise significantly. There are predictions that Bitcoin may approach the level of 73,862 in the near future. Following this milestone,...
Hello,Friends! USD/CAD pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going down. 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 1.357 area....
Please, check our technical outlook for US100. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 18298.8. Taking into consideration the structure & trend analysis, I believe that the market will reach 18603.7 level soon. P.S We determine oversold/overbought...
In today's London trading session, the USD/JPY pair maintained stability within a narrow range around the 151.30 level. Market forecasts suggest that this pair may continue to fluctuate within this tight range, potentially experiencing a slight decline before rising to confront the resistance zone at 151.977. However, there is a possibility that it may...
Here is our detailed technical review for DXY. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 104.230. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 104.968 level. P.S We determine...
Take a look at our analysis for USOIL. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 80.65. The above observations make me that the market will inevitably achieve 81.34 level. P.S Overbought describes a period of time where there has been a...
Take a look at our analysis for AUDNZD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.087. The above observations make me that the market will inevitably achieve 1.092 level. P.S The term oversold refers to a condition where an asset has traded...
Buy from current level: $0.00003245 Target: LOOOK AT THE CHAAART
"Greetings traders! Today, USDJPY remains on a quest for fresh momentum, persistently capped by the towering ceiling at the record high of 151,700. The bullish stride wavers as the USD softens, seeking a new echelon of recovery. Yet, this currency pair maintains its lofty stance with unwavering resilience, suggesting that its long-term ascent remains intact....
The Euro is predicted to encounter resistance levels early at its highest point of 1.0981, followed by 1.0936. However, looking at the chart, it is observed that the EMA 34 has crossed below the EMA 89, indicating a downward trend in the Euro and the likelihood of breaking through the support zone at 1.08031 and heading straight downward.