OANDA:NZDUSD is declining amid a strong dollar rally. The negative background for the currency pair has persisted for quite a long time and there is no reason to change this tone at the moment.
On W1, we can clearly see the general trend on the part of strong bears, who continue to sell off the currency pair and the New Zealand dollar.
On H4 it is worth...
Hi.
BINANCE:FTMUSDT
Today, I want to analyze FTM for you in a 4H time frame so that we can have a MID-term view of FTM regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
A breakdown and successful retest of the pattern would confirm bearish momentum
However, if price is able to reclaim...
Hi
BINANCE:SYNUSDT
SYN was in a descending triangle but now this pattern has been broken downward so we expect a bearish movement as much as the measured price movement (AB=CD).there is a strong support for SYN at $0.80 which was the point where the price started to Increase from the last dump!
Traders, if you liked this idea or have your opinion on it,...
DISNEY NYSE:DIS | DISNEY DESCENDING TRIANGLE PATTERN - Apr. 11, 2024
BUY/LONG ZONE (GREEN): $118.50 - $123.00
DO NOT TRADE/DNT ZONE (WHITE): $116.50 - $118.50
SELL/SHORT ZONE (RED): $112.00 - $116.50
Weekly: Bullish
Daily: DNT
4H: Bearish
A week ago NYSE:DIS broke its bullish trend on the 4H and lower timeframes. The Weekly timeframe still holds the bullish...
DASHUSDT is forming a conglomeration of bullish assumptions, attitudes and patterns. It is possible that the coin is starting to see a buyer, but it all depends more on their potential and interest.
On W1, the coin is trading almost at the bottom, which is the 22.6 area, and the strong support in this case is the 25.0 area. Relative to 25 a triple bottom is...
📊 Script: MAHLOG
📊 Sector: Logistics
📊 Industry: Miscellaneous
Key highlights: 💡⚡
📈 Script is giving breakout of Descending Triangle in Daily and Weekly Chart.
📈 It is trading at upper band of BB and giving breakout of it.
📈 Already Crossover into MACD.
📈 Double Moving Averages giving Crossover.
📈 Right now RSI is around 66.
📈 One can go for Swing Trade.
...
🔍Today, let's analyze UniSwap (UNI) focusing on the daily timeframe for spot trading, aiming to identify optimal entry points for buying.
📈After a sharp upward movement towards resistance at $15.402, UNI initiated a correction, extending to the 0.5 Fibonacci level, where price reacted twice.
✨A closer examination reveals a descending triangle formation...
Overview
META is approaching a possible landslide that may take the share price to around $455. An influx of insider liquidation paired with healthy market skepticism supports the possible correction.
Fundamentals
Overall the company appears healthy according to their 2023 Annual Report. The only filings that I found concerning was the abundance of 144s that...
EURJPY is forming a descending triangle, indicating a potential downtrend. However, we will place a pending sell order at the retest price around the key levels of 163.250 & 163.275.
Points of Ethics :-
1) Strong selling at level 441 if price Falls below this level lower level AT 408.30 can be seen and also we have strong buying area at the same level AT price 408.30 so we can see another reversal for the price to move near resistance around 496 to 517
2) If the price does not cross 438.40 then we can see further reversal and we can go...
BINANCE:FLOWUSDT (4H CHART) Technical Analysis Update
FLOW is currently trading at $0.806 and showing overall bullish sentiment.
We can see a clear descending triangle breakout and price is moving nicely after the breakout.
This is showing clear bullish momentum and we can expect the price to hit our targets easily.
Entry level: $ 0.779 - 0.805
Stop loss...
BINANCE:DOGEUSDT (4H CHART) Technical Analysis Update
DOGE is currently trading at $0.08319 and showing overall bullish sentiment after the breakout from the descending triangle pattern.
We are expecting the price to retrace back to the support line and once it hits the support we can enter the long position.
Entry level: $ 0.08091 - 0.08316
Stop loss level:...
FX:XAUUSD stops after a strong rally. A new ATH = 2195 is formed, after which the market starts the correction phase. The support 2175 is broken and the price tests 2150. There is a probability of continuation of decrease but after resistance retest.
The fundamental background has been maintained since Tuesday. Yesterday we got CPI positive for the dollar,...
A bullish scenario for long-term view after a confirmed descending triangle breakout with a potential pullback entry position targeting ABC pattern at 100% - 161.8% Fib extension upper resistance of the mega bull flag.
S1/S2: pullback descending triangle support / ema20w zone
T1: 100% fib extension +50%
T2: 161.8% +90%
Indicator: RSI week - tapping into OB area...
BINANCE:KAVAUSDT breaks the triangle resistance, which provokes the formation of a strong impulse. But now the price meets the flat resistance at 0.954.
On W1, the coin is starting to come to life, but is still very far away from the overall altcoin market. Trading volumes are growing when the resistance is broken, which indicates that the market is ready to...
BINANCE:KLAYUSDT is forming a local bullish trend, but globally the coin is lagging behind the cryptocurrency market and is still under bearish trend resistance.
A clearly formed bottom, a local bullish trend and pre-breakout consolidation against bearish trend resistance can play the role of important preconditions for a possible trend change and the...
BINANCE:MATICUSDT is forming an attempt to change the trend. The price is testing the resistance area of the descending triangle. A consolidation above the key level may start a strong distribution.
MATIC price is still in a bearish trend amid a strong cryptocurrency rally. For the last few days, the coin has been forming a resistance retest and is currently...
Hi Traders !
After a Huge Bullish Move, The AUDCAD Reached The Resistance Level.
Currently, The Price Formed a Descending Triangle.
The Resistance Line is Broken.
So, I Expect Another Bullish Move📈
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TARGET: 0.88880🎯
