This is a unique situation. After 770 days, the price has reached above the average of the last 400 days. First, we will attack the $1.2 resistance. Then we reach the resistance of 3 and 4 dollars and that is the end of the upward movement
Already broke resistance andretested, fresh volume incoming and likely to give sharp upmove soon . One can enter at CMP for long term.
I waited for this confirmation, now we have it. Let us see how far this will pan out from here. If you like my analysis of BINANCE:ICPUSDT , follow me now and support my idea. Let me know your opinion in the comment box Cheers!
The stock price is about to give a stong upside movement in upcoming days(breakout move). Trend reversal is expected from CMP. Would recommend to keep this stock in yourwatchlist for upcoming days.
Clear breakout of resistance and trendline on weekly TF with pretty good volume. Price has just crossed both 50 and 200 EMA. One can enter for both swing and long term at CMP.
Hi Traders! AUDUSD is having a strong finish to end the year and is targeting the 6-month high at 0.68948. Here are the details: After the double top at 0.68948 six months ago, AUDUSD was in a bear market for two months and then went into a range zone for three months. Last month, the market finally broke the 0.65175 range zone resistance and has been in a bull...
ENJ has been on an amazing rally since October, with prices reaching closer and closer to the major resistance zone. With them being reached, we are going to look for a potential sell position here, where the target would be towards 200 and 100 EMA. Swallow Team
ADA is the starter of the day with a good potential for both bullish movement and bearish movement. The first scenario is having a NCI breakdown near 100EMA, which should result in a good entry for a short position. The second scenario is that once we see a price near $0.068 and have a further breakout, we will most likely see a continuation of the bullish...
The price is still range trading towards the top of the band, but the PPMs are still signalling a return to the SMAs soon. Especially the 10 and 40 SMA. Hence we could see a return to 3.2 to test the 10 SMA, and if it doesn't hold, we could see a dip down into 3.18. However, it seems more likely that 3.2 will hold as the PPM algo does not look like it wants to...
Hi Traders! 2023 was a bullish year overall for the USDJPY, though it has just fallen short in the end as the market attempted but failed to break through the record high apex level at 151.946. The market is now on the verge of breaking below the yearly trendline. Here are the details: After failing to break through the record high of 151.946 last month, the...
DIS is definitely worth watching for a hold and bounce off the $90 area. Some good support here, and wedging. If it holds, would be a nice pop back to triple digits.
The spx/vix ratio's RSI tells me the worst is near to end for stock market investors. Stay cautious, but don't lose hope. The storm may be passing soon.
Keep an Eye on Near. Keep it on the watchlist. Wate the breakout of the zone.
Keep an eye on Dydx. It will give a massive profit if they breakout the bullish channel. BINANCE:DYDXUSDT.P
I am Bullish on BNB for the Long term. BINANCE:BNBUSDT.P
I am bullish on BINANCE:BANDUSDT.P after the breakout with high volume.
The conditions of the end of the year and technical analysis give news of a pullback to the bottom of the price. But what are the clear reasons? 1. The price is stabilizing below the 50-day average 2. Around 39500 $-40200 $ CME gap will be completed sooner or later anyway 3.Low volume of traders.
Round Bottom Formation Support 48.80 break RSI Above 60 Daily / Weekly / Monthly Volume Growth Moving Averages in Line 21/50/200 Expected Level 75