BINANCE:UNFIUSDT is showing positive dynamics amid the red cryptocurrency market. The coin is approaching strong resistance and we have the potential to catch a breakout with subsequent growth. On the weekly timeframe, the coin is still in consolidation (range 16.0 - 2.5). But, against the background of the general neutral trend we have a downward resistance,...
FX:XAUUSD has been facing strong bears since the opening of the session. The price returns under 2325 and forms a consolidation. Earlier there was a retest of a strong resistance area. The market is still bearish For the gold market the area of 2325 plays a key role at the moment. Bulls are not yet ready to overcome this area on the background of strong...
BINANCE:BTCUSD is not ready to pass through 71500 yet and continues the correction phase, testing local lows and liquidating buyers in order to increase the position of a major player. Consolidation is clearly visible on the higher timeframes. The resistance area of 71500 plays an important role for the market, a breakout and consolidation of the price above...
➖ Today's price action for Bitcoin was characterized by a strong rejection. ➖ The shakeout happened were prices moved higher in an attempt to scare off weak hands, while at the time time this move was a successful liquidation of over-leveraged traders (20-30X); also known as gamblers. ➖ The candle that followed turned into a rejection and the next day (today)...
hello guys... as you see eth made a flag pattern and broke it! after breaking it made a sharp movement and now another pattern under the name head and shoulders! the blue line area seems a potential area to get a long position! target is: $4631! ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the...
Price is currently at support level as seen on the chart 4h time frame The risk to reward is very promising with this trade We likely will.keep this trade open for the next 2 days good luck!
Hello traders. Just taking a look at the 4 hour chart and marking my area of interest. Gold is still carving out it's path. I am looking for a potential push up before any significant drop. This is speculation and not trading advice. Let's see how tonight's trading sessions play out. We can fill the wick with a close below $2317 and we if we push up and break...
Good Morning Traders, Trust you are great. Still based on my fundamental analysis of yesterday. I expect a rally on AUDUSD. You can read it here: Cheers!
As Bitcoin continues to consolidate before the anticipated next swing higher, there are some levels of interest and a proposed trade idea. Bitcoin is appearing to range between 60 and 70k over the past couple of months. Buyers are stepping in at the lower range and selling into the upper. If 60k is taken out, I would expect a quick pullback into the 50-55k...
After an extended bearish trend, I have spotted a significant bullish formation on the EURCHF chart. Key technical indicators and chart patterns are pointing towards a potential reversal to a bullish trend. This presents a promising opportunity for traders to capitalize on the expected upward movement. Stay tuned for more detailed analysis and updates!
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some time ago bounced from the support line and started to grow to the resistance level, which coincided with the seller zone and even soon exited to this zone, breaking the 70800 level. But later, BTC turned around and started to decline inside the...
Bitcoin is still bullish and in an uptrend channel but is currently correcting with a possible next target to the lower channel at level 58-60k.
Notice how in May Bitcoin closed below the blue EMA line but quickly recovered ... Bitcoin only traded below this level in late 2023 as part of a consolidation phase, not part of a bearish wave. Now, Bitcoin moving below this moving average with a full red-candle is a major bearish development; it confirms what we have been warning you for from months... It...
Hi folks today I'm prepared for you Gold analytics. Some time ago price reached the resistance level and even entered to resistance zone, but at once turned around, exited from the resistance zone, and fell below. Next, XAU some time traded near the resistance level, after which it made impulse up to the trend line, thereby breaking the 2355 level. After this, the...
🔻Pair Name : NZD/USD Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ 🔻 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔻Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— ✔️Bearish Break 0.61050...
Gold is moving in a Descending channel near the Resistance zone($2,337-$2,318) . In terms of Classical Technical Analysis , Gold has managed to form a Symmetrical Triangle Pattern , which indicates the continuation of the Downward Trend . I expect Gold to continue falling(Probably with two scenarios) after breaking the lower line of the Symmetrical...
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Price is rising towards the pivot and could reverse from this level to the pullback support. Pivot: 80.90 1st Support: 77.51 1st Resistance: 83.24 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please...