If trend is broken, if it pass the line probably it will resist in 53.000$! Very tough times for Bitcoin
If BANKNIFTY sustain above 49407 to 49438 then 49512 to 49544 then 49618 to 49649 or 49684 to 49757 above this more bullish If BANKNIFTY sustain below 49197 then 49123 to 49092 then 49024 to 48952 or 48881 below this bearish then 48807 to 48776 below this more bearish Consider some buffer points in above levels. Please do your due diligence before trading or...
Gold's 4-hour moving average crosses downwards in a short position, and gold's downward space opens up. Gold's 4-hour double top continues to suppress gold's rise. Gold fell below the last new low of 2292, and gold has resistance at the 2300 mark. If it rebounds to around 2295, it can be shorted first. Trading strategy: short gold 2295, stop loss 2305, target...
BTC is at new lows, the good thing is alts are holding and performing well in BTC pairs. All we want to say is to add more to your bags at new lows. These numbers will not appear again in near future.
ZARJPY is trading in symmetrical triangle, we can enter into the long trade after the break of HH.
Risk markets are looking to push ahead in early turnover after a marginally positive session in the US and Asia. The VIX is touching a near three-week low and has fallen by nearly a third from the Friday 19th multi-month high. The Israel-Iran crisis is, for now, not dominating market headlines or thinking, boosting risk assets, while gold continues to nudge lower....
BAd news abot CZ + Correction + FOMC = pullback. Bad news always are supported by price correction, usually means a bottom
In this technical forecast, we delve into the darker recesses of Bitcoin's potential price journey. We observe a concerning configuration on the BTCUSD chart where the currency is currently grappling with critical support levels. Current Dynamics: The price has recently retracted from a peak, teasing the possibility of a significant downtrend. A descending...
Preferred direction: BUY Comment: After a quiet week in the metals market, the coming week is likely to be very volatile. In addition to the technical accumulation in the triangle format, we have a lot of economic data and events that will happen this week. The most likely scenario №1 will involve a breakout trade at the level of 2340 . Scenario №2 ...
Preferred direction: BUY Comment: The British currency continues to struggle at the level of 1.25000 , and despite everything, so far everything is working out more in favor of the buyer. The week is filled with events and here, just like in the euro, you need to be ready to change your original plan. The most likely scenario is a breakout of the level of ...
Preferred direction: BUY Comment: At the beginning of the new week, the euro remains on the buy list, especially if we are talking about the prospect of 1-3 days (before the Fed meeting on Wednesday). This event, as well as the NFP , forces one to be as flexible as possible and be prepared for changes in trading plans at the beginning of this week....
$4100.00 the next big target, Second leading Coin is gaining its respect and may it will reach. The second leading coin is in the way to reach 41k again and it will continue its little bit in the downtrend to reach near 27k, this can be the Good support to move the price of the coin again in the bullish direction to reach my target 41000.00 and I am also hoping...
🎯The price action is pretty self-explanatory as always. 🎯Well, We cannot post pictures here, So I will put a link to the relevant delivery information in the comments below. x.com 🎯4 big fall days, 4 Huge volume spikes with Big delivery % 🎯The current price bounce came from the premarked support Zone which is guarded by 100 WEMA 🎯The 2500 Psy level was there...
It seems like NAS100 has defined its top and bears are now in control of the price action. A matured divergence on daily time frame is playing out as price not only broke previous higher low, but also made a couple of lower highs. According to Dow theory, this could potentially mark the beginning of a bearish rally and thus a bear market. Targets are mentioned on...
EURGBP is in bearish trend, making lower lows and lower highs but now divergence is creating. it is most likely it will change the trend after breaking lower high.
Ethereum looks interesting after that breakout from the local resistance zone and EMA 200. We are not looking for the current market price zone where we see last resistances to be broken and prices moving slowly to lower zones. We have three potential market zones that can be addressed if we see more red candles today (Monday)! Swallow Team
Hey, guys. As I see it, Ethereum has a good ascending channel. Any daily close below $2,840 is likely to signal a trend change to me, and then it is highly likely that we will see a support line for ETH in 2000-2050. If this key support is also broken, then I think cryptocurrencies in general (and AltCoins in particular) will undergo a major correction not only...
Charts say it all. Upon rejection of head and shoulder, short position can be taken