Dear Respected Traders, we hope this communication finds you well. we are convening a discussion focused on BNB #BNBUSDT is on a support level in the 4 hr time frame. Soon we will see a bullish move of 70% #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading
Hello,Friends! EUR/JPY pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 165.989 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! EUR/AUD is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand...
It still looks in great shape as it digests the recent 40%+ move. And the correction seems to be neatly contained in parallel lines, which is often a very positive sign. As long as it stays above the 61.80% retracement level (£499), then I'm bullish. When it finds a bottom, then more accurate targets for the other waves can be made.
EURUSD is moving above an ascending trendline on the 4-hour timeframe and currently retesting this trendline. Considering the situation of the Dollar index and the possibility of a downward movement in the Dollar index, we can expect a bullish move from this range. 📈💶
Just going off observations, this is a guess of what alt coins will do something like in the short term.
Hello everyone, WTI Oil 4H NEW FORECAST The price of oil begins today's trading with noticeable negativity, breaking the 83.90 level and settling below it, heading towards a new bearish correction during the coming sessions, targeting the 82.88 areas as the next main stop. Therefore, a bearish bias will be likely for today unless the 83.90 level is breached and...
Hello,Friends! Previous week’s red candle means that for us the GOLD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 2343.979. ✅LIKE AND COMMENT MY IDEAS✅
Hello everyone, Dow Jones 4H NEW FORECAST Yesterday, the index price was affected by US economic data, forming a temporary positive bounce to test the resistance at 38525, then returning to stability below the 55 moving average axis centered at 38220 We expect the price to activate a negative attack by remaining below the mentioned resistance, initially...
I would say that the month of April was very weak for Gold. Even though the market updated the ATH and we saw quite a strong rally at the beginning of the month, bulls quite quickly lost the momentum. We can even conclude that the rally finally stopped and the market started to consolidate within a horizontal range. For the last 10 days we see a steady shift...
FCPO might have shifted bearish. However for next week, there is a possibility that it might bounce higher. Price is expected to target 4090 area and possibly higher above 4100 area. From there it is expected that price to continue lower depending on the price action next week.
So thats why bitcoin going down, cause BTC price is around 3 strong resistance, sorry for the late update
The point of this chart is not to look at future peaks, although we will touch upon it. The point is to take a dive into the indicator called the BTC log regression {Rainbow Dark} that is based on the Fibonacci sequence and the possible transition to the lower band from the top band. Bitcoins entire history has been on the upper band of this log and in...
NYSE:DIS -Walt Disney could dive further after breaking $111 -Update It looks like the DIS broke out of a major support zone located near $111. During the previous days NYSE:DIS was showing some strength but couldn't manage to rise more and today we can see the price below the structure zone again. On the 4-hour chart, we can expect a deeper correction as a...
NASDAQ has confirmed an important level breakout recently. Here we witness a breakout and pullback on the major demand zone identified under the hourly timeframe. Here we also identified an important bearish flag formation, which is likely to create another dip towards the bottom level of support created.
Hello everyone, GBPJPY 1D NEW FORECAST The pair's price was surprised by strong negative pressure, with repeated closings below the 197.35 level and approaching the ascending channel support at 192.28. We expect to activate positive trading for the pair, targeting the 195.17 level, and then attacking the resistance at 197.35. Expected trading range Between...
Last two anglaises were both wrong as far as furtherer study of the crocobot shows