The uncertainty surrounding regulations and the management measures of cryptocurrencies also contribute to Bitcoin's price volatility. On the 4-hour chart, Bitcoin's price is trading within the range between two resistance and support zones. Currently, BTCUSDT prices are above the EMA 34 and EMA 89 lines, indicating a short-term uptrend is forming. The RSI is...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Meanwhile, XAU/USD demonstrated some strength beneath the 50-day SMA, buoyed by anticipation that the Fed will commence its rate-cutting cycle in September. This has kept the USD subdued below a two-week peak reached on Wednesday, helping Gold to draw in some buyers. However, upward momentum appears...
Hello all traders! The EUR/USD pair traded in the negative zone for the third consecutive day around 1.0835 during the trading session on Thursday. According to the assessments from the technical picture outlook, after forming a head and shoulders pattern, the price fell as expected and could fall further if the price breaks below the two dynamic resistance...
✍️ NOVA hello everyone, Let's comment on NZD/CAD price long-term trend 🔥 Identify: D1 - long-term time frame shows that the price is following the Uptrend line - touching the trendline. wave 5 🔥 Technically: Based on the resistance and support areas of the NZD/CAD price according to the H4 frame, NOVA identifies the important key areas as follows: ...
Oil and Natural Gas Corporation (ONGC), India's largest oil and gas exploration and production company, is showing technical signals that suggest a promising swing trading opportunity. Reasons are listed below : 285 Resistance Level: The 285 level has been a significant resistance zone and has been tested multiple times. The price is now attempting to break...
🚨 $TNSR is forming a Symmetrical Triangle Pattern on the 4H chart, which is typically a continuation pattern. 📈 Entry Point: CMP and Accumulating up to $0.45 🎯 Targets: Midterm Goal: $0.664 Long Term Goal: $1.088 Trading Options: NASDAQ:INSR is available for trading in both spot and futures markets. You can purchase it on the spot market, or if you...
🔮 #SOL Analysis 💰💰 🌟🚀 As we can see that #SOL is trading in a symmetrical triangle and given a perfect breakout and already retest the major support zone. If #SOL breaks the descending trendline then we will see a good bullish move in few days . 🚀🚀 🔖 Current Price: $182.30 ⏳ Target Price: $207.77 #SOL #Cryptocurrency #DYOR
This presents an attractive opportunity for swing traders to capitalize on the potential uptrend in Petronet LNG . Reasons are listed below : Breakout of Strong Resistance at 300 : Petronet LNG has successfully broken above a significant resistance level at 300, signaling potential bullish momentum. Bullish Marubozu Candle on Weekly Timeframe : The presence...
🔮 #TAO Analysis - Breakout 🚀🚀 💲💲 There is a breakout of Falling Wedge Pattern in #TAO and trying to retests the level. It's a daily time frame breakout and we will see more higher price in long-term. A successful retest is done and now we could see proper a rally 📈📈 💸Current Price -- $355.60 📈Target Price -- $722.00 ⁉️ What to do? - We have marked crucial...
ETHUSD is currently encountering significant resistance around the $3,260 level, marked by a descending trendline. The strong support level is at $3,111, where the price has previously bounced back. Recent candlesticks show short-term recovery but with long upper wicks, indicating rejection at higher price levels. The future trend of ETHUSD may continue to...
### GameStop ( NYSE:GME ) Technical Analysis: A Harmonious Bullish Journey #### Current Financial Data As of the latest market close, GameStop Corp. (NYSE: GME) is trading at $24.43 , reflecting a change of 1.75% from the previous trading session. The stock has a market capitalization of $8.58 billion, with a 52-week range of $9.95 to $64.83. The average 5...
Recent statements about maintaining flexible monetary policies to support the US economy have put pressure on the USD, increasing the value of the EUR against the USD. Currently, EURUSD prices are above the EMA 34 and EMA 89 lines, indicating that an upward trend is forming. Recent candlesticks show strong recovery, with long-bodied candles and short wicks,...
Looks like XAUUSD has done an ABC correction to the downside, has re-tested no the 61.8 % fib retracement and the SMA 30. I've placed my stop underneath the 50 SMA - let's see how this works out.
Currently, GBPUSD is in a downtrend, with prices fluctuating between two key resistance and support zones. GBPUSD is trading below both the EMA 34 and EMA 89 lines, indicating that the long-term downtrend is still ongoing. Recent candlesticks show strong selling pressure, with long upper wicks indicating rejection at higher price levels. GBPUSD may rise to test...
Fortis Healthcare , a leading Indian healthcare provider, presents a compelling opportunity for swing trading. Reasons are listed below : Breakout from Key Resistance Zone : The 450 level has acted as a strong resistance, being tested multiple times. The price is now breaking out of this zone, indicating strong upward momentum. Bullish Engulfing Candle on...
Aggressive Trend Trade - short impulse + volumed T1 level + support level + biggest volume weak attempt manipulation Calculated affordable stop limit 1 to 2 R/R take profit Hour Trend "+ open gap with retest + long impulse + SOS test level + 1/2 correction + support level + volume zone" Daily CounterTrend "- short impulse - biggest volume TE / T1" Monthly...
Gold prices continue to fall as investors turn their attention to US economic data due this week for fresh clues on the timing of a central bank rate cut. If GDP or core PCE figures, excluding energy and food prices, are positive, gold could come under pressure as the US dollar strengthens. Technically, after the last wave yesterday reached 2430, the price...
According to the 4H chart, the EMA 34 and EMA 89 are both sloping downwards, reinforcing the downtrend. The descending channel is defined by two parallel black trend lines. Gold is trading within this range, possibly finding support near the bottom of the channel and resistance at the top. Recent candlestick patterns indicate the formation of lower highs and...