The Bitcoin price has shown strong signs of recovery, positioning itself for a potential upward trend as the market anticipates the next Bitcoin halving event. As the halving approaches, historically, Bitcoin has seen significant price increases due to the reduced supply of new coins entering circulation. This pattern is expected to continue, further driving the...
--------------------------------------------------------------- Description --------------------------------------------------------------- + The double bottom pattern stands out as one of the most reliable indicators of a potential reversal in market sentiment. Its appearance often heralds a shift from a downtrend to an uptrend, making it a favored pattern...
--------------------------------------------------------------- Description --------------------------------------------------------------- + BAT is retracing back to its support zone + This is critical zone for consolidation and resume its bullish trend + Overall BAT is looking bullish --------------------------------------------------------------- VectorAlgo...
--------------------------------------------------------------- Description --------------------------------------------------------------- + LDO is consolidating in the support zone and this is a good thing for bouncing back + This consolidation zone is also acting as a support for the LDO + Once it bounce back we can expect it to reach next...
BTNUSDT appears to be unveiling an ideal buying opportunity following a bullish breakout. Notably, the repeated respect for a key demand zone laid the foundation for the subsequent bullish momentum. The breakthrough above the downtrend trendline served as a second confirmation of the bullish sentiment, reinforcing the likelihood of BTN continuing its northward...
The probability of BTC making new all time high before halving is low, according to me BTC will make a correction of 40-50% from previous ATH around halving or after that and then BTC will make a new ATH around nov-dec of 2024.
USDCHF is currently in a bullish trend. Price is forming a bullish flag pattern, indicating a potential continuation of the uptrend. The pair is finding support at the 50% Fibonacci retracement level, adding confluence to the bullish bias. What you guys think of this idea ?
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around the 0.88000 zone. USDCHF is currently in an uptrend and approaching the critical 0.88000 support and resistance area. Now, let's dive into the fundamental analysis shaping this trade. On one hand, recent CPI data in the US has shown signs of strength, suggesting...
Take a look at our analysis for EURCHF. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.950. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.953 level. P.S We determine oversold/overbought condition...
Here is our detailed technical review for USDJPY. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 149.940. Considering the today's price action, probabilities will be high to see a movement to 150.864. P.S The term oversold refers to a condition where an...
#STORJ/USDT Analysis Description --------------------------------------------------------------- + As evident from the chart above, Storj has recently broken out from its resistance but faced rejection at a weaker resistance level. + Consequently, the price retreated to its support zone and is currently attempting to rebound from this support. + I anticipate the...
Observing the market over a two-year span reveals a compelling metamorphosis from supply to demand zones, reflecting a captivating evolution in SSVUSDT dynamics. The consistent respect for the demand zone serves as a testament to the robustness of the trend, showcasing an overall acceleration in the SSVUSDT uptrend. Anticipating the future trajectory, my outlook...
Lithium stocks in extreme oversold spots right now, these stocks like "LAC" in my opinion is very good long-term hold with at least 400% - 560% gains in upcoming year or two. You rarely see anything as cheap as this, possible we will never see these lows again in our life times. When stocks like TSLA and other Electronics will rise Lithium stocks will skyrocket....
BYBIT:MULTIUSDT.P Today I've hit multi purely for the fact that it is reacting off the $1 mark and the volume is starting to sky rocket... I could probably get more than a 1:5 but I'm being honest with myself and letting my consistency take over here.
Hello,Traders! DXY is trading along the Rising support line And the index will soon Retest is so after the Retest we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
BINANCE:XLMUSDT (4H CHART) Technical Analysis Update XLM is currently trading at $0.117 and the price is currently trading at its strong resistance zone which got rejected multiple time. We are looking for a LONG trade opportunity if the price successfully breakouts from the resistance zone. Successful breakout will push the price to next minor resistance...
Price seems to be forming a Head and Shoulders pattern on the 15m tf. price recently made a supply zone (.61500-525) and a choch. price retested the neckline of the "H&S" and went up to retest resistance at .61475 and after forming the choch. we can make a entry on a lower tf when price makes a choch. we can take profit at the next demand at .61250
✅EUR_NZD will soon retest a key support level of 1.7568 So I think that the pair will make a rebound And go up to retest the supply level above of 1.7500 LONG🚀 ✅Like and subscribe to never miss a new idea!✅