Time will tell but it appears an almost 20-year downtrend/basing period has been broken. The breakout occurred with significant volume which makes it more likely to be genuine. Of course an initial shakeout/head fake could follow (and I may not have the trend line exactly right, tried to place it where there were the most hits, but a few times that resulted in...
BINANCE:BTCUSDT BITSTAMP:BTCUSD I remain bullish. We might bounce between the $21-27k fibonacci lines and the "main" triangle for a while but we may also see a pump/dump breakout in the coming weeks (should the price decide to go out of the main triangle). Anything above $25k makes me certain that a weekly bull market is very probable . Below $21k is no mans...
Hello,Friends! NZD/USD is making a bearish pullback on the 2H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 0.595 level. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for SPX500USD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 5110.2. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 5146.0 level. P.S The term oversold refers to a...
Here is our detailed technical review for USDCAD. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.365. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.371 level. P.S Please, note that an...
On the weekly chart of WOOUSDT, it appears that we are likely at the conclusion of Wave 4 or very close to it. This is inferred from the slight intrusion of Wave 4 into the level of Wave 1. In the volatile cryptocurrency market, such a minor breach is not considered a true break of the Wave 1 level for us, which is acceptable as long as it doesn’t lead to further...
first we go to 51000$ then we go for 120000$ on my chart you can see if you see😅
This is my predicted price action for Monday 4/29. I will update the trades I take as the day goes on, obviously if price action moves against me completely I will have to change my strategy. This may include me not taking a trade on NASDAQ:TSLA at all for the day. To make this price prediction I only used VWAP and Volume Profile
We've gone long on btc. We believe the low is in and yesterdays retrace completed wave 2, now it's pivotal to get above the 618, the last 4h high and commence wave 3 which should take us up a good amount. The first take profit is at the localised highs that started this distribution phase, should we break above them we might not take the 2nd, as we believe the...
Take a look at our analysis for EURCAD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.460. Considering the today's price action, probabilities will be high to see a movement to 1.464. P.S Please, note that an oversold/overbought condition can last for a...
Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 105.841. The above observations make me that the market will inevitably achieve 107.241 level. P.S We determine oversold/overbought condition with RSI...
Hello,Traders! USD-CAD is making a Move down to retest A horizontal support Level of 1.360 and Its a strong key level So after the retest we will Be expecting a nice Bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Title: 📈 Shiba Inu Coin: On the Rise Again! 🚀 📉 Analysis: Shiba Inu Coin (SHIB) has been showing promising signs as it bounces off its support at 0.00002643. This bounce indicates renewed investor interest and buying pressure in the cryptocurrency. 📈 With the momentum building, SHIB appears poised to target the 0.000036 mark in the near term. This represents a...
EURCAD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long EURCAD Entry - 1.4609 Sl - 1.4589 Tp - 1.4646 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! Previous week’s red candle means that for us the BITCOIN pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 67018. ✅LIKE AND COMMENT MY IDEAS✅
Take a look at our analysis for USOIL. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 84.08. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 85.12 level. P.S Overbought describes a...
Hello Traders. First of all, This is my personal opinion, always do your own research, Not Financial Advice! As you Can See, FRR was in a Descending Channel And After Breaking The Bottom Of It, It Reached The bottom Of The cloned channel Just Yesterday. So, As You May Know, The bottom Of channel is The Support Zone, And It Could Goes Toward The Middle Of The...
this coin is very cleverly manipulated, it's hard to tell when it's down or up. In my opinion, the point of cancellation is the base of the pump from 0.015 or 0.0018 if we go lower, not very good. if it holds as now, then only long. I know the risk, the profit is big, but the stop is very wide, keep this in mind when entering with a big shoulder. Optimally, 1x is...