The rally in Bitcoin futures has been impressive. But, without question, the rally is showing signs of fatigue. So the question is - are we gearing up for a pullback? Technical Outlook : Concurrent bearish divergence and a declining volume profile is a telltale sign of an impending correction. Why? Put simply, because all of the bulls are already in the...
Silver futures have faced challenges in the new year, but the market has established higher lows, instilling a layer of optimism for the precious metal. Like all risk assets, silver will continue to be susceptible to changes in interest rate expectations and the path of the Federal Reserve. Recently, the bond market has tempered its expectations of an interest...
Following last week's weakness, GBP/USD is now exhibiting a consolidation pattern, hovering around key levels as market participants evaluate their positions. The pair has been oscillating between the resistance at 1.2620 and support at 1.2820 for quite some time now. Technical Insights: The currency pair remains locked within a tight range between 1.2700 and...
Hello,Friends! GBP/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 10H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 181.516 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
We do have ER end of week that could invalidate this pattern, but it looks very similar.👀 ER run up to upside targets 175-182 can come before ER if market gets bullish I was bullish on recent NFLX-Coca-Cola but I am not confident enough that APPL will beat to long and hold through earnings. The headphones they release are extremely overpriced, buying a new...
Hello,Friends! EUR/AUD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 8H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
EURAUD is making head and shoulder which is considerd as reversal pattern if it it break the neckline most porbally it start moving downward trade plane is mention in chart
Hello,Friends! We are going short on the EUR/JPY with the target of 157.518 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! GBP/CHF pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 5H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.065 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
Hello,Friends! AUD/JPY pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 2H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 97.189 area....
Hello,Friends! Bearish trend on NZD/USD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 0.619. ✅LIKE AND COMMENT MY IDEAS✅
Bearish clouds ☁️ linger over Bitcoin in the next 24 hours as investors brace for the landmark decision on the approval or rejection of the trading of spot Bitcoin exchange traded funds (ETFs) in the US. An approval is already priced in, so some profit-taking is likely to happen, ATTMO shows. However, Bitcoin has upside potential over a one-week horizon. Ripple’s...
Trading Setup: There is a Trading Signal to Buy in ETHUSDT Ethereum (futures) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 2252.5 ⭕️SL @ 2158.0 🔵TP1 @ 2445.0 🔵TP2 @ 2600.0 🔵TP3 @ 2760.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk...
SFPUSDT is currently trading within what appears to be a descending broadening wedge pattern. We anticipate that the price will approach the upper boundary of this pattern and subsequently undergo a minor retracement toward our designated immediate demand zone. This movement is expected before the price continues its upward trajectory and potentially breaks out...
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. ETH GOT STUCK AGAIN! As we can see price is got stuck inside this rangy market, making equal highs and lows as well. Meanwhile, price is sitting around our upper bound of this range, where we will be looking for new bearish...
The price had rejecting our poi with a strong H1 & H4 bullish engulfing candle. Upon re-analysing the value of poi, we updated the wave wxy abc into wave 1-2 accordingly. As the wave 3 could be a normal extension, we shouldn't deny any possibilities of it being a zig zag. To safehold our position, the short position in earlier M15 analysis should be deleted and...
### Overview: 🚀 **Trade Type:** Short 🌐 **Currency Pair:** GBP/USD 💼 **Timeframe:** 4H ### Trade Setup: 🎯 **Entry Price:** 1.27266 🛑 **Stop Loss:** 1.27769 🎯 **Take Profit:** 1.25666 ### Trade Rationale: 📊 **Technical Analysis:** - GBP/USD pair is trading near a five-month high, as the market expects the Bank of England to cut interest rates later than the US...
In my last CRYPTOCAP:TOTAL2 analysis, I wrote that although the trend for Alts is strongly bullish, a correction could follow and traders should keep a close eye on 700B zone. Indeed, the market corrected in that zone and at this moment looks ready for a new rally. My target in the medium term remains 1T and I will constantly update and analyze interesting coins.