#BNB has experienced a rally from $240 to $268, encountering resistance in the $260 - $270 range. The current attempt to break through this level suggests a potential move towards $300 - $310. Conversely, a rejection could lead to a retracement to around $240. #BinanceCoin #Trading
In early November, the price of the #ZIL broke through $0.019, subsequently consolidating around $0.02 - $0.021. At the current level of $0.021, a potential continuation of the upward trend could lead to $0.025 - $0.0265. #BTC #Trading #Investing
Altcoins are about to have a meaningful correction here, the red dashed line is my first price target for Pendle. The token could fall as low as the .618 teal line. EMAs are coiling downward on falling volume and RSI. Correction time. I am not selling my spot Pendle.
Hi Traders! The 151.946 apex level proved to be too strong and there is a now potential double top pattern on the USDJPY 1W chart after the market failed to break and close above 151.946. Price Action 📊 After the initial break and close above the previous strong resistance level at 145.073, the market traded with continuous bullish momentum to target the...
Hi Traders! There is bullish momentum on the SPX as the market has been at its highest level in ten weeks. Price Action 📊 After the previous resistance break above 4393.57, the market gapped to the upside to start the trading week, and the bullish momentum has continued. We are looking for further bullish momentum to target September's high at...
Hi Traders! AUDUSD has reached the resistance of its range zone, and there is potential for a resistance break if the bullish momentum continues. Price Action 📊 The price action looks bullish, with market swings showing higher highs and higher lows. The market broke and closed above the 20 EMA yesterday with huge momentum. Additionally, this is the third...
AMEX:SPY November 21, 2023 15 Minutes. As expected once 452 was crossed we had a had over till 455. Aggressive buy came above 451.4 as the previous HH was 451.37. In 15 minutes the first bar broke the trend line drawn and closed near the top of the bar. Since it was a long bar we had to wait for a retracement, Which occurred in the next 3 bars as can be...
FX:GBPAUD An OB was created previously, that lines up perfectly with the upwards trendline. I saw an indication that selling pressure had not yet been relieved so did not take this trade at my target entry. Stoch and momentum were still low and oversold, signalling an imminent retest of the OB where I expect it will cross my entry once again. I will continue to...
Execuse me! Bitcoin dominance is on an upward trend, which suggests that we can enter soon to the bull market. This process is slow and will not happen now, but it is worth looking at when the dominance was Above 50%. R3ncso
Hi Traders! There is a potential double-top pattern on the GBPUSD 3H chart around the new monthly high. Price Action 📊 After the break above the previous monthly high at 1.24286, the market traded with further momentum and reached the new monthly high at 1.25058, then had a pullback to the neckline support at 1.23740. The market is now re-testing 1.25058, and...
Price is currently in correctional move since the big impulsive moves we see last week. In hindsight, there's an imbalance to be cleared during the impulsive move that I think price might visit before resuming the move upwards. Attached with the chart is the short sell position that might be interesting for you all. Stop loss is placed 10 pips above the last high,...
I am here to present you with an exceptional opportunity that promises to revolutionize your portfolio and take your gains to unprecedented heights. Chainlink, a true gem of a project in the blockchain universe, has caught our attention and should undoubtedly catch yours too. With its recent surge and the Extra Moving Average (EMA) 20 indicator looking...
Solana is then a shining star that has been catching the attention of experts and investors alike. What makes Sol truly special? Let me paint you a picture: imagine a scenario where the Exponential Moving Average (EMA) 20 is soaring above both EMA 50 and EMA 100, indicating a bullish trend. Simultaneously, the Relative Strength Index (RSI) holds steady at a...
who has the courage to go on this swing with me. This will be the very first swing trade in my life time. lets sell to 1800 again. HnS + MA + SnD.
USDZAR saw a bearish reversal off the important 18.75 level which was strong support previously. Should we trade below friday's low at 18.61, i suspect we will see a re-test of 18.43. However if no follow through of the reversal occurs and price manages to gain traction above 18.75 i would then expect the 18.90 level to come into play where we find the 50dma and...
Excitement is mounting in the world of cryptocurrency as we witness an extraordinary development in the BTC trading landscape. I am reaching out to share the latest market analysis, revealing an incredibly promising outlook for Bitcoin (BTC) that you simply cannot ignore. Our technical analysis indicates that the simple moving average (SMA) of 50 days for BTC...
AMEX:SPY November 18, 2023 15 Minutes As expected AMEX:SPY retraced only for the last rise. The low was 449.3. And the high was 451.42. Good for options traders only. We are having 4 moving averages converging. 9,21,50 and 100 in 15 minutes. 200 averages are at 444 levels. Due to consistent sideways movement last 2 days Elliott Oscillatores are not able to...