Hi, welcome to my analysis, Sorry it's been a while since I wrote an analysis due to the Eid al-Fitr holiday. this time BTC dropped and formed a down channel, but we have a Fibonacci support area between 63546 to 62608 and if this Fibonacci support is broken, then the following support will be at level 60211. The bullish target for BTC this time is in the range...
Hello dear traders! Overall, we see a trend change, then the market moves into a consolidation phase and reaches 157.12. Sellers have less and less chance to hold the resistance zone because the uptrend is so strong. According to statistics, the strongest fluctuations are after a breakthrough. In the current scenario, as long as the 146.50 support level holds, a...
We were right right Friday's close will change situation drastically. So this has happened. Now BTC short-term bullish context and we consider 62-64K area for possible long entry
GBP/CHF is falling towards the support level which is a pullback support that aligns with the 23.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.13646 Why we like it: There is a pullback support level which aligns with the 23.6% Fibonacci retracement. Stop loss: 1.12950 Why we like it: There is a support level which aligns...
Hello wonderful friends! Overall, EURUSD experienced significant volatility yesterday, with price gains surpassing the 1.0700 level. It is currently trading at a new high of 1.0720, highlighting a 0.2% gain on the day. So do you wonder why this currency increased so strongly? On the move: EUR/USD clings to gains near 1.0700 early in the European session on...
BTC NEW daily Time frame update. BTC seems to enter a new green time frame trend for the low time frame. This time frame expects shows for the low time frame green view for BTCUSD. This is not a long-term view but a low-time frame daily view which could change when the trend gains a new range. BTCUSDT changes with time frames UP and DOWN the key is to be...
Resistance is the opposite of support. Prices move up because there is more demand than supply. As the prices move higher, there will come a point when selling will overwhelm the desire to buy. This happens for a variety of reasons. It could be that traders have determined that prices are too high or have met their target. It could be the reluctance of buyers to...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 81.04 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 80.00 which is a level that lies underneath a pullback support. Take profit is at 84.47 which is an overlap resistance. High...
Just to give a clear indication on what I predict on XAUUSD. Don't really want to explain I did it already in my first analysis.
Price action needs to breakout of the descending wedge/triangle. If AD and money flow continues to rise and breakout of resistances spy can head to 515 level
Solana has made a really nice movement where the coin is now forming a nice handle (a reverse one). We are monitoring for rejection to happen and further downward pressure here (eventually breaking that neckline zone). Swallow Team
BTC is still looking bearish in my opinion and i would expect price to come down within today and the weekend. On the chart is the range im looking at. Once we see a break of the lows then ill take some shorts
Dear Traders, Bitcoin retested selling zone, now we can target the first area 55k and then 45k. Our main reason is for selling swing is based on how price behaved and gaps within the market needs to be filled. Our entry is already activated and now we can target our areas. We expect price to hit our target by end of may. Good Luck.
Pivot 38600 Our preference Short positions below 38600 with targets at 37060 & 36230 in extension. Alternative scenario Above 38600 look for further upside with 39345 & 39850 as targets. Comment The RSI is mixed with a bearish bias. Supports and resistances 39850 39345 38600 38004 Last 37060 36230 35480 Number of asterisks represents the strength...
: Gold has frequently experienced false breakthroughs in the recent trend. After a rapid decline, it has been rising higher. The short-term trend is a deep V. This can also reflect that gold’s willingness to fall in the near future is actually not strong. The short-term trend has been There is a signal of bottoming out. Although long orders were wiped out in early...
Disclaimer: Before proceeding, please note that the following information is based on technical analysis and should not be construed as investment advice. Always conduct your own research and, if necessary, seek advice from a financial professional. Folks, let's delve into what I've been observing in recent market movements. After a period of analysis, I've...
The AUDUSD pair has been exhibiting a robust uptrend characterized by consistently forming higher highs (HHs) and higher lows (HLs). However, a notable divergence was identified on the 1-hour timeframe, signalling a potential shift in momentum. Subsequently, a prominent Double Top Pattern has emerged, suggesting a possible reversal of the prevailing trend,...
#USOIL UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USOIL.USOL is ready for a good in this move we can see drop upto price level 77 to 75 soon. Keep in touch we will update further soon.