#XTZ The price is moving in a 4-hour channel and sticking to it well The price rebounded well from the lower border of its neck at the green support level of 0.910 We have a tendency to stabilize above the Moving Average 100 We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher Entry price is 0.910 The first...
#GLMR The price is moving in a bearish channel pattern on the 4-hour frame and sticking to it well The price rebounded well from the lower border of the channel at the green support level of 0.2500 We have a tendency to stabilize above the Moving Average 100 We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break...
The price of gold dropped to $2,227 following the release of the report on non-farm payrolls and unemployment rate. However, afterwards, gold continued to trade steadily and ended the session around $2,300. While the price remains in a downward trend, there is potential for short-term recovery as it approaches the trendline. Nevertheless, if the price continues...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About WLD (Update) The Falling Wedge Breakout Has Done In 12H Timeframe Looking Good & Ready For Next Move Towards 100% In Coming Days
Since price has held the 56666 area 10K below 66666 fulcrum level. Bias is tilted toward bullish/neutral. Dxy is currently skewed toward short due to oil and potential BOJ. NFP numbers coming in a bit light helps the case for Fed rate cuts to still transpire. That being said not looking for that until sept. Oil moving lower will potentially help USD CPI numbers...
Everything makes sense to me again. This has been distribution all along. Institutions are not going to let retail long and make money this easily, its always the other way around. This idea that resonates with me the most. I've tried numerous attempts to paint a long picture but each time something feels a little off. But zooming out to the daily and labelling a...
EUR/USD continues to maintain its upward momentum as it surged to the 1.0800 level in Friday's US trading session, reflecting the weakness of the US Dollar following weaker-than-expected Non-Farm Payrolls (NFP) data. Meanwhile, the ISM Services Purchasing Managers Index (PMI) data for ISM services in April also fell short of expectations. This fuels expectations...
Hello,Friends! We are targeting the 154.942 level area with our long trade on USD/JPY which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
#GLMUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about GLMUSDT Moving Exactly As we Expected 15% profit done ✅ Expecting more in coming days 🚀
Hi traders, UNIUSDT printed a double bottom which is a trend reversal pattern. Buy now or lower if the price consolidates in the buy zone for a while. In a few weeks, we're expecting UNISWAP to reach 14,100 usdt again. A potential scenario is shown on the chart. Good luck
GBP/USD, I feel a resistance and it has made lower lows. I expect a very strong sell-off after the announcement.
According to the analysis of 6 Apr, We had the head and shoulders pattern And also the triangle pattern Both patterns were completed And with the break of lower support in the triangle pattern, and also breaking the neckline in the head and shoulders pattern, We expected a pullback In my opinion, Polbek is almost complete and also by changing the dynamic...
From the previous market, the price of the crypto asset will rise significantly after the Bitcoin halving event, which matches the current market conditions. So expect a bull market in the next year and a half. From the perspective of sentiment analysis, the current funding rate of the Bitcoin perpetual coin market has remained slightly negative over the past two...
In the past four trading days, the price of gold has remained fluctuating within a wide range. We have very good control over the changes in direction and points. Yesterday (Friday), with the support of positive non-agricultural data, we also followed up. We went long, but were eventually beaten by the retracement. Fortunately, the price rebounded and closed at...
On Friday (May 4), spot gold closed at $2,301.26 per ounce, down $36.38, or 1.56%, marking the second consecutive week of decline. This week, gold prices fell more than 2% for the second consecutive week, erasing a small amount of losses, but ultimately faced new bearish pressure. The near-term technical outlook suggests bullish momentum will be lost as market...
Hi. BINANCE:WLDUSDT ➡️ the odds of another bullish Movement is Pretty high because the pattern which WLD is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens.... ✅ Due to the Ascending structure of the chart... 🟢 The odds of another Bullish Movement is High! 🟢 Bullish wedge...
Monthly Chart Analysis: Since July 2020, NIO has successfully closed the Fair Value Gap (FVG) and reclaimed its position above the resistance line of a falling wedge. This breakout is crucial, indicating a potential reversal of the previous downtrend. Moreover, the monthly Relative Strength Index (RSI) falling wedge has been convincingly breached, accompanied by...
Looking at EURUSD for potential longs which broke above a prior level that was acting as res. Looking for price to remain tilted toward dxy shortside. Oil is moving lower. Potential BOJ intervention. Trade Safe Trade Smart Manage Risk. Respectfully Trade Navigator.