Hello traders, I want share with you my opinion about Partisia Blockchain. Looking at the chart, we can see how the price some days ago declined to the resistance level, which coincided with the seller zone and soon broke this level. After this, MPC made the double bottom pattern, after which turned around and made a strong upward impulse higher than 0.3900 level,...
Price is rising towards a resistance zone which lines up with the 50% Fibo retracement. A rejection from this level could lead the price to fall to the downside. I'm bearish biased.
Q: I want to know if Bitcoin will continue lower or bounce and recover to new highs? Here we have the 4h timeframe, can be used for short- to mid-term chart analysis. Let's see what it has to say. A: Bitcoin is moving lower. I shall explain. The 14-March drop led to MA200 being tested as support. MA200 as support holds and Bitcoin moves to produce a lower high...
XAUUSD presents a compelling long opportunity, supported by confluence at key levels and oversold conditions. Geopolitical tensions and inflation worries add bullish tailwinds. Entry near support, stop-loss strategy, and target levels outlined. Exercise caution, manage risk diligently. #XAUUSD #TradingView #TechnicalAnalysis
The GBP/USD exchange rate shows a lack of direction, hovering below 1.2500 early on Wednesday, amidst US Dollar strength and cautious sentiment ahead of key US employment data and Federal Reserve policy communications. The exchange rate experienced a sharp decline on Tuesday, erasing previous gains amid subdued trading activity due to the closure of European...
I have seen enough to determine that we are headed to a new all time high just like the stock market will see a new high before we head lower. If you haven't seen my idea on the SPX (see the link below). Looking at the BTC on the monthly chart, we can see that it looks like we are doing an expanded flat. As we can see the top in October 2021 was not the "real" top...
The recent analysis of Bitcoin's price dynamics on the Binance exchange, captured on a 4-hour chart, indicates a significant bearish trend. The price has notably broken below a dynamic support within a descending channel, punctuating a swift decline in market value. This descent is further emphasized by a failure to hold above the support around the 51K area,...
Last time we looked at SPY (April 11, see chart below), we got what we wanted, a break below the 1D MA50 (blue trend-line) that met our exact bearish expectation which was a -5.93% decline, absolutely symmetrical with August 18 2023: As the subsequent rebound got rejected on the 1D MA50 (blue trend-line on the chart above), the question is the following: Is...
Here's a sample text you can use for your gold analysis update: _Title:_ Gold Analysis Update: Bullish Target in Sight! _Summary:_ "Gold is looking bullish! My analysis indicates a target of $2339, with a potential upside to $2379. The recent price action has formed a bullish channel, and the RSI indicator is showing a positive divergence. If the metal can...
_ Analysis Update by World Forex Traders_ 🚨 As of the current price of 63,625.69, my analysis indicates a potential bearish trend 📉. I'm maintaining my short position, targeting a price below 60,000 💸. _Key Points:_ - Current price: 63,625.69 📊 - Target price: Below 60,000 ⬇️ - Sentiment: Bearish 🐻 - Recommendation: Short 📉 _Risk Management Notes:_ - Stop...
I see candle closure upside on daily support and going to reclaim the daily support i am long on btc 1hr. targets entry are mentioned from long tool lets watch i am right or not 1:4RR
This ES1 chart is the six + Europe and Asia trading sessions. this hasn't corrected properly in over a decade.... and this is what it looks like when they print trillions out of thin air, as "aid for Ukraine" which is then spent entirely on weapons or infrastructure supplied by our military industrial complex. we were warned about this shit. Orwell,...
#SQT The price is moving in a bearish channel pattern on the 12-hour frame and sticking to it well The price bounced well from the lower border of the channel at the support level of 0.02600 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...
Technical analysis: Short-term rebalancing as Gold tested (successfully so far) the #2,292.80 Daily chart’s Support taken from #2,300.80 former local Low’s, with Daily chart finally turning Bearish which is spectacular news for both Short and Medium-term Sellers. As long as #2,300.80 benchmark holds, Sellers shouldn't worry since all major chart’s candles ends in...
The current selling zone for the EUR/UAD pair is at 1.06941, indicating a potential opportunity for traders to sell this currency pair. Within this setup, there are three specified take profit points at 1.06454, 1.06335, and 1.06300, indicating the price levels at which traders may consider closing their positions to lock in profits. Additionally, a stop loss...
The US dollar will continue to rise with decisions that overshadow the interest rate reduction expectation until the US dollar announces its decision to reduce interest rates. The American government stands at a critical point between crisis and growth. Even though it is reaching a crisis point in terms of debt and the course of the world, it is trying to keep...
Dear Traders, Hope you are doing great, we have a upcoming great selling opportunity on GBPUSD. DXY may become weaker until Thursday where we can start having major news on DXY. The economic news expected to come in favour for USD although, the market will be too volatile so we ask you to follow accurate risk management. As always if you like or agree with our...