Take a look at our analysis for NZDCAD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.827. The above observations make me that the market will inevitably achieve 0.832 level. P.S The term oversold refers to a condition where an asset has traded...
BINANCE:YFIUSDT (1W CHART) Technical Analysis Update YFI is currently trading at $9430 and showing overall bullish sentiment YFI had a decent move in the recent weeks, if such trends continues then we can expect the price to breakout from the resistance line and head towards the next resistance. Currently i'm seeing a good opportunity to enter for long term...
If you haven't entered PEPE in the buy area: Now, at an RSI exceeding 93, it seems we are currently in a massive bubble. The previous corrections following an RSI surpassing 76 were significant, as you can see in the chart! Taking into account the Fibonacci retracement tool, my anticipated price target is $0.00000243, corresponding to the 0.618 level
OriginTrail has been turning heads since October 2023, putting on a performance that even the most seasoned traders can't ignore. TRACUSDT has been of of the starts of the show, boasting a jaw-dropping 300% growth! But, traders, the plot thickens as we enter the realm of a strong correction—a market drama that's still unfolding as we speak. Now, let's talk plot...
#FIL/USDT #Analysis Description --------------------------------------------------------------- + As depicted in the chart, FIL has developed a well-defined saucer pattern and has effectively surpassed the resistance level. + This unmistakably signals the imminent bullish phase for FIL. + I intend to enter a LONG trade at the current price, allocating 0.2% of the...
#WAVES #Analysis Description --------------------------------------------------------------- + WAVES formed a nice saucer pattern on 1D chart and the price is heading towards the resistance + Breakout from the resistance will results in huge pump in the price and its a perfect opportunity for us to enter a LONG trade + I'm entering the trade after the breakout...
Bitcoin is bearish until $10,000 - $12,000. After this, we will reach previous highs and above.
Here is our detailed technical review for NZDJPY. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 91.691. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 92.496 level. P.S Please, note...
Please, check our technical outlook for NZDCAD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.826. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.829 level. P.S The term oversold refers...
Hey Traders, in the coming week we are monitoring USDCAD for a buying opportunity around 1.35300 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.35300 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring DXY for a buying opportunity around 103.700 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 103.700 support and resistance area. Trade safe, Joe.
EUR/USD is steadfastly guarding the 1.0800 level during the European trading session on Friday. The pair remains stable amid a weakening US Dollar and optimistic sentiment, awaiting the Eurozone's leading inflation data for new directional momentum. On the chart, the pair is undergoing a retracement phase, showing a modest increase but still under the control of...
I really dont trade crosses at all, but when I see a pullback cooking I take it. On NZDCHF I see a potential buy opportunity from 0.5350 targeting highs of 0.54160 Use proper risk amanagement and remember the spreads on crosses are high. Cheers
Hello,Friends! Bullish trend on AUD/JPY, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 98.222. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! It makes sense for us to go long on CAD/JPY right now from the support line below with the target of 111.101 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 104.109. Taking into consideration the structure & trend analysis, I believe that the market will reach 104.976 level soon. P.S We determine oversold/overbought...
Hello dear friends, let's discuss today's EURUSD market with me ! The EURUSD pair has been trading quite calmly and hasn't shown much price change, maintaining around 1.083 USD since the start of the week. Looking at today's short-term chart analysis: The pair has retreated beyond the 0.5 - 0.618 Fibonacci retracement levels, suggesting that sellers might have...