BTC/USD is falling towards a support level which is a pullback support that lines up with the 61.8% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 59,747.26 Why we like it: There is a pullback support level which lines up with the 61.8% Fibonacci retracement. Stop loss: 58,396.57 Why we like it: There is a pullback...
The greenback steadied on Friday after dropping floor withinside the preceding consultation on susceptible jobs records, whilst sterling edged up following stronger-than-anticipated boom figures. At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the dollar towards a basket of six different currencies, changed into buying and selling simply better at...
Attention dear Traders! Before you dive into the exhilarating world of trading, where fortunes are made and lost faster than you can say 'bull and bear', remember this: I am not your financial guru, wizard, or psychic hotline. My advice should be taken with a grain (or shaker) of salt, as I'm not a licensed financial advisor Trading is like riding a...
Hello dear friends, BTCUSD is striving for a recovery, but the upward momentum seems to be weak and lackluster. The downtrend continues to hold strong on the 6-hour chart, and we are still aiming for the target of $58,700 USD after the retracement around the 0.618 Fibonacci level concludes. Thank you all!
Overall, BTCUSDT still appears to be in a long-term downtrend according to chart analysis data. The trend seems to be under the control of the Bear camp, with the current price sitting at $60,800 USD. A potential upward movement may still occur, but it's likely to encounter resistance around $64,200 USD. Considering the prospects, BTCUSDT is heading towards the...
I tried make a calculation thru on a wave idea that BTC will going down soon
Wanted to use this chart which shows more data on why we're going to see a nice pullback here on Render... looking for a ABCD down to the 78% zone of support before blast off, gl!
3 possible price ranges. I won’t say if price will actually get there: this will most likely be a BULL TRAP. View red trend-lines created by smart money manipulation: realize they move according to the red trend-lines. They have disregarded their ORDER BLOCKS and pattens. Thats because of the BEAR 2MO TF. Please, I will not expect miracles. GETTEX:59K is...
AMEX:SPY May 13, 2024 15 Minutes. Had a gap up on Friday. I sold into strength. I had a view of 522 levels with bias down as oscillator divergence. We can see the divergence more prominent now. Also, if you see in daily the rise is steep and 9 averages is around 512 and 21 around 508 levels. And in one hour chart we have the 522.63 bar having close near low...
In this analysis, we'll be focusing on the H1 timeframe for XAUUSD. We are looking for buy opportunity with key levels at 2350.00 - 2356.00 . If the price reject 2350.00 - 2356.00 zone, than we go for buy and the target is set at 2390.00, indicating a potential upward movement. Conversely, if price break below at the key level 2350.00,than wait for confirmation...
A clear rejection from the order block for TONUSDT. Classic sell off. A retracement on London Open then all the way down.
The gold weekly level has formed a "big positive resistance line" pattern, and we are firmly bearish this week. Judging from the 30-minute chart, 2364 was blocked in early trading, and a downward trend has been formed here. In addition, if it is going to fall sharply, it will not give you an ideal short-selling opportunity. The decline may start in advance. If...
Rechecking the daily resistance zone and seeing a lot of wicks, indicating that buying pressure is weakening. It is not advisable to buy more at this time or to take some profit if you are in profit.
XAUUSD has presented itself with a break and retest of a previous support zone, With prices showing bullish exhaustion we can expect a bearish push too fall 40-100+ Pips. If your taking this trade do your own analysis to insure that this trade aligns with your strategy and use proper RM.
Apart from the fact that USDCHF most times goes against GU and EU... that is what is keeping me out of this trade at the moment. But i'mma share it anyways. In a plenty of few days back USDCHF broke above a daily downtrend line that started midway on the second daily LH which the first High is at 1.01469 then the 2nd LH at 0.94375 while the 3rd high is at...
Gold XAUUSD down chanel to sideway till jun 2024 so whenever it touch bottoom channel buy it top channel exit it new high jun 2024 me gold xauusd trending me rahenga to know more comment it
BTC has been weak lately and is forming a bear flag now. I'd expect a break below and a retest of the GETTEX:59K area before starting another leg up.