OANDA:XAUUSD for November 20 - 24. The market has practically bought back the fall, a retest of the strong level is forming and interesting prerequisites are emerging. In the coming week there will be important news for the U.S. market, and gold may react accordingly. We should pay attention to the following news: Nov 21: FOMC Meeting Minutes Nov 22.Nov:...
CAKEUSDT just ended wave 4 of lower TF impulse wave huge possibility for upside action. Target 3.30, stop 2.26
Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price moved sideways from the local downtrend line. When we unfold the Fib Retracement grid, we see a support zone from $36,361 to $35,976, then there is support at $35,432, and then at $34,742. Looking the other way, we have a visible resistance zone from...
I invite you to review the chart of LTC in pair with USDT, this time taking into account the one-day time frame. Let's start by defining with the white line the upward trend that holds the price, and then using the blue lines we can mark the local channel of the upward trend in which we are currently located. When we unfold the FIb Retracement grid, we can see...
Hello everyone, I invite you to a detailed review of the ETH pair to USDT chart, also on a four-hour interval. First, we will use the blue lines to mark the upward trend channel in which the price has dynamically moved upwards, moving along the local upward trend line, from which it has currently broken downwards. And here we will again define the current...
Hello everyone, I invite you to every Friday cryptocurrency review. Let's start by checking the current situation on the BTC to USDT pair, taking into account the four-hour interval. First, we will use blue lines to mark the local downward trend channel to which the price has returned. In order to check the support areas, we will use the Trend Based Fib Extension...
Hello everyone, let's take a look at the BNB to USDT chart on a 4-hour time frame. As you can see, the price has returned below the downtrend lines. When we unfold the Trend Based Fib Extension grid, we will see a support zone created from $24 to $241, while it is worth marking the support level at $231.8. Looking the other way, we have significant resistance at...
FTMUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea ?
Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price has returned below the local downtrend line. When we unfold the Trend based Fib Extension tool, we can see that the price is approaching the support level of $35,977, and then we have a strong support zone from $35,431 to $34,748. Looking the other way,...
The EUR/USD pair continues to keep traders on their toes, and recent market movements have sparked a new wave of opportunity. The final target from the previous idea was successfully hit, closing the previous trade. This new idea explores potential opportunities arising from the resistance mentioned earlier. After successfully riding the bullish retracement...
COINBASE:ETHUSD is breaking through the resistance area and testing the 7-month high of 2130. Fundamental leverage has strengthened the price of the coin quite strongly, but in all likelihood, the growth will not end there. On the high timeframe (W1) we see an active bullish phase of the market. Market capitalization is increasing, COINBASE:BTCUSD is...
The EUR/USD currency pair recently experienced a notable bearish movement as it broke through a significant support level and trendline, signaling a downward trend. The price subsequently reached a key monthly support level, from which it initiated a retracement. This retracement is currently in progress and is aimed at reaching the 50% Fibonacci retracement...
Hello everyone, let's take a look at the ETH to USDT chart on a four-hour time frame. As you can see, the price managed to stay on the local downtrend line. When we unfold the trend based fib extension grid, we see that the strong support at $1,960 has maintained the price and is still support, but we may still see a decline to the support level at...
I invite you to review the chart of DOT in pair with USDT. First, we will use the blue lines to mark the downward trend channel from which the price emerged with dynamic upward movements, moving along the locally created upward trend line. Going further, we can move on to marking support areas when we start a larger correction. however, here we have significant...
Hello everyone, I invite you to review the MKR chart on a four-hour interval. Let's start with the blue lines marking the upward trend channel, in which the price has locally entered a falling triangle formation, but currently we can see an attempt to exit the ongoing triangle at the top and an attempt to return to the previously prevailing upward channel. When...
Hello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the one-hour interval. First, we will use the blue lines to mark the local channel of the upward trend, in which the price tried to break out at the bottom, but quickly returned to the ongoing channel. Going further, we will use the Fib Retracement tool, and...
BINANCE:GALAUSDT is breaking out of a global bearish trend, but there is a strong enough zone ahead that is holding the market back from changing trend and forming a bullish rally. All eyes are on the 0.027 zone. On the senior timeframe, we see a breakout of a fairly important trend resistance after forging a bottom. The price fixes in the green zone and...
Hello Karina's friends, USDJPY is currently trading around the 151.70 level and is still showing good potential for an increase in price. Karina predicts a long-term upward movement for this currency pair based on the completion of a 1D 5-wave Elliott chart pattern. Waves 3-4 align with the 0.5 Fibonacci retracement level marked in red on the chart, further...