We are in XAUUSD's daily support zone and we were waiting for this drop according to the predictions of the last weeks This support zone is weak and we expect gold to break it. If it breaks the range of 2358, we will definitely reach the limits of 2342. frame)
Ellipse has entered a long position at 59.2K, reflecting confidence in the bullish signals present despite some concerns. 4-Hour Chart Analysis: Bullish Signals: Price breakout above the Ichimoku cloud Lagging Span (Chikou) has broken out of the cloud Lagging Line (Chikou) is clear of both price and cloud Pivot reversal (24/12) Tenkan-Sen (TK) is...
Reasons why: ⬨ Hidden bullish divergence ⬨ Tenkan-Sen's slope shows strong momentum higher ⬨ Cloud is very thin ⬨ DTO is at support 🎯 2024 Targets: $5,283 & $7,686 Things to look out for as continued bearish warning signs: 👉 The DTO falls below the zero line and remains below for more than four days 👉 There is a daily close below the Kijun-Sen
Hey guys!! Well this is a coin request and I'm glad to be able to share my views on this project. As I've marked in the chart, I placed icons to help notice important areas to take actions from. Reality is that this coin is under a ranging market at the moment but based on ALL TIME flow, this is still bullish as its structure has never been broken (0.14 -...
Hi guys If the support range of $65,800 is consumed, the possibility of completing the double top pattern and a downward trend will be strengthened. It is likely that the announced data will be the driver of this downward trend if it is announced more than expected. Considering the maintenance of the resistance range, the possibility of continuing the upward...
Hey guys! Hope you are well! Here's my idea for this coin. TLM is still in a tight range, if you take a look at the bigger picture in the MONTHLY chart we can see this is clearly stuck in a box. So even though Market has been on a frenzy lately with memes coins blowing up, this coin hasn't kicked off at all. Didn't even break the range. HOWEVER, this makes it...
Hey guys! This is a very cool coin and you're still on time to get on the wagon! That's right! Here's a plan of action I'm taking and if you like you can also consider it and adapt it to your own beliefs and strategies. Anyways... I've used the graphics icons as they display the emotions for the key areas very clearly. 1) Buy area has the BUY icon, within this...
Hey guys! Today I'd like to share a RACA Coin idea. I've spotted an inverse head and shoulders pattern that has formed after a solid downtrend. Confirmation to the bullish upside would be a breakout and re-test of the descending triangle line marked in red and followed by entry trigger dropping into the lower timeframes such as Daily TF. Confluences: We need...
Hey guys! Market's been really challenging lately, specially for those into Futures Trading that's why I'm going to repeat again. I strongly recommend you SPOT trade instead. So, as for BTC goes, the liquidity absorption is real and to either side! Where to buy? 1) One would be the rising green zone I've marked but this would mean a drop to about 56k or 52k...
In daily and 4h time frame the xauusd has been in the descending channel. During the past 147 candle of 4H time frame (the past 32days). It could not reach a higher price level. It has also hit the Ichimoku support zone seven times in daily time frame and we see weakness in its trend. According to our last week analysis gold exactly hit it's 2368 resistance which...
Hey guys It seems that we can expect a reaction from the two specified price ranges. On the thirty-minute time frame, a compression movement has been created and it seems that according to the signals issued by Ichi Moko; We can expect an upward trend up to the specified price area. Keep in mind that if the marked red support area is completely consumed, the...
Hey guys! Analyzing past movements, we can see price used to move inside a downwards channel until it broke out from it. But not only that, it broke out and pierced through the Ichimoku Cloud in the weekly timeframe which is huge! So here's some plan: 1) Condition: -price must breakout from 0.58 towards the upside. After that, it should re-test the zone to give...
Hey guys! We are in a moment of volatility in the markets, either you risk and go for memes or play it safe and go for patterns that took time build and create so that it would add up extra confluence to our ideas. 1) Buy area has the BUY icon, within this area we can see a rising trendline indicated as the potential zone to buy from, everytime price falls into...
In the daily time frame xauusd trend is in its downward movement, it is in its support zone (2286) which is a strong support. After that we expect it to reach to the zones which are mentioned in the chart. If it loses its support zone (2276), it will definitely reach the 2210 price range.
Hi guys For now, the trend is fluctuating between the two ranges. If the support area of $3.0488 is completely consumed, the possibility of the continuation of the downward trend and the touching of the medium-term uptrend line will be strengthened. At the moment, it seems that the weight of the downside scenario is more. What do you think?
Hey guys! Kina here, I believe that after the strong uptrend a healthy retracement must play out at some point and this could potentially get you caught in the wrong side of the trade. One thing for sure is that the DROP is coming, we don't know when and what will cause the massive correction but as for now this is my idea. BTC will hit a ceiling and...
Hi dears It seems that we are at the beginning of a downward trend in the currency pair of the Australian dollar against the US dollar. The yellow area that I marked in the picture is the area for collecting orders in the coming weeks. I think we have the potential to reach lower levels. what is your opinion? Do you think it is possible?
US stocks, led by mega cap tech companies and the NASDAQ writ large, started 2024 on a hot streak. But as momentum slowed, an arc pattern supporting the market became clear, only to be decisively broken. Analysis of key support and resistance levels provides price targets for the coming weeks.