Based on the provided market data, INJ is currently trading at $34.49 with a 4-hour RSI (Relative Strength Index) of 55.63, which is a neutral territory. The 4-hour MACD (Moving Average Convergence Divergence) is positive at 0.63, indicating an upward momentum. However, it's slightly below the 4-hour Bollinger Band midpoint of 36.26. The immediate supports on the...
Based on the provided market data, the cryptocurrency REQ (Request) is currently trading at $0.14 against USDT (Tether). The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 86.30, 85.45, and 75.30 respectively. These high RSI values indicate that the currency is currently in the overbought territory which may suggest a potential price pullback or...
Based on the given data, it appears that the AUCTION/USDT pair is currently trading at a price of 28.71 USDT. The 4-hour, 1-day, and 7-day Relative Strength Index (RSI) values are 62.74, 59.46, and 64.96 respectively, indicating that the pair is nearing overbought territory, which could suggest a potential pullback in the near future. The Moving Average...
Based on the provided market data, the COTI/USDT pair is currently trading at 0.088 USDT. On the 4-hour chart, the Relative Strength Index (RSI) is at 59.60, indicating a near neutral market. The Moving Average Convergence Divergence (MACD) is positive at 0.0080, suggesting a bullish trend. The Bollinger Bands (BB) are at 0.10, indicating a moderate level of...
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.83050 zone. NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.83050 support and resistance area. Adding a fundamental layer to our analysis, it's crucial to consider the impact of USD strength on...
Hi traders, Last week EU dropped some more and made a correction up. For next week I think this pair could go down more to finish the grey Y-leg. Trade idea: Trade sells after a change in orderflow to bearish on a lower timeframe. Note: Next week I'm not able to make an outlook, so expect it again after two weeks. If you want to learn more about trading...
It is likely that the correction low is in based on multiple signals: ➖ KMDBTC found support below 0.786 Fib. retracement after peaking 20-Dec. ➖ On the drop, EMA300 and EMA200 were tested as support. ➖ KMDBTC has been trading above these long-term moving averages for more than a month now. ➖ The May 2023 support range matches the 0.786 Fib. retracement as well...
Looks like Bitcoin´s current correction is now ready for an uptrend rally, or about to be. I have spotted a traditional "pennant formation" which could shoot up to $48250-$48700 or perhaps even touch/briefly break, the prior $49000 "Bitcoin Spot ETF" high which took place Jan 11, 2024. Entry points should be sought after pullback, at the $43380-43400 area or...
Mina is on bullish channel , just reached middle line which is play as ressistance for now support line are painted you may add to your watchlist
Hello friends, according to the corrective wave, in my opinion, bitcoin should move down from the two ranges specified in terms of Fibonacci and Elliott waves.
Here after 2 days rally up, I guess the price action is giving nice short opportunity. I would consider Risk/Reward as 3:1 with 2% risk of total capital. The given lines are weekly resistance and supports.
hello guys... the reasons for the upward movement: 1. balance before and after the range 2. Made a head and shoulders pattern and broke up this pattern 3. forming an ascending channel target is 47663! ______________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please...
As We Talked in The Previous Analysis: The GBPCAD Reached a Strong Resistance Level. The Price Formed an Expanding Triangle Pattern. Currently, The Higher Low is Broken. So, I Predict a Bearish Move📉. TARGET: 1.69320🎯
Hello,Friends! It makes sense for us to go short on CAD/CHF right now from the resistance line above with the target of 0.644 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are now examining the NATGAS pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.967 level. ✅LIKE AND COMMENT MY IDEAS✅
My dear friends, My technical analysis for GBPCHF is below: The market is trading on 1.1048 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.0984 Recommended Stop Loss - 1.1078 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
Hello again dear traders In GRT currency, we can enter a scalp position or short term for shorts Profit and loss limits are specified in the chart Don't forget the free risk or the profit No one places positions in Trading View, only JAWAD does this for you I hope it will be useful Thank you for your support
My dear friends, Please, find my technical outlook for USOIL below: The price is coiling around a solid key level - 76.54 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 74.85 About Used Indicators: The pivot point itself is simply...