Bitcoin reached the Resistance zone($68,000-$66,170) again. Will Bitcoin succeed in breaking this zone or not❗️❓ According to the theory of Elliott waves , Bitcoin seems to be completing the main wave 5 ; the structure of the main wave 5 can be Expanding Ending Diagonal . Also, we can see Regular Divergence(RD-) between Consecutive Peaks . I expect...
Silver may fall further while below 28.7 Silver broke down from a strong support zone located near 28.70. Now this area turned into resistance. Chances are silver may test this zone again before moving lower. The targets I am looking for for silver are near 27.50 and 26.30 where the price may face some solid support and we may see the price react...
US500 - Structure Analysis - Time For Correction US500 reached all time high at 5670. Later we can see that the price began creating some small structure zones. Considering that we are in the ER month many companies are reporting their Earnings and it looks like many sectors are struggling considering that indices are all moving down. However it could be only...
Yesterday, the market reacted to news reports by rebounding from the resistance level and subsequently reached the target zone at 2353. It also bounced off the support level, forming long-tailed bars, which indicates level rejection. I anticipate that OANDA:XAUUSD may move toward the key round number at 2400. Given the upcoming news today, there is potential for...
The EURUSD pair continues to consolidate after a day of losses, currently trading around 1.085 with a slight recovery, though it hasn't achieved a significant breakthrough. However, looking at the overall picture, this currency pair remains under the control of the bears, with resistance at 1.088 posing a formidable barrier. As long as this resistance holds, the...
After reaching the $185 mark, Solanium headed for a correction. Within the channel there was a decline to the lower boundary The 4th wave basically always comes in the range of the 4th wave of a smaller degree The correction in the 4th wave mostly occurs within the 61.8% Fibonacci range According to the wave theory, all the necessary conditions for correction have...
Bitcoin is currently at an ideal entry for a high R/R short based on the trendline shown - targeting 34,200 to 35,000. From that level, I will look for a retrace up to 43-46k. Rejection at this zone can indicate a much more substantial drop to sub 20,000 zones. All details on the chart - will update with a new idea if Bitcoin follows through on this expected drop.
Key Levels: Support: 145 CL Resistance: 165 to 170 CL Technicals: Bhansali Engineering Polymers Ltd has a market cap of ₹ 3,768 Cr and a current price of ₹ 151, nearing its 52-week high of ₹ 164 and well above its low of ₹ 81.6. The stock trades at a P/E ratio of 20.6, slightly above the industry P/E of 19.9, indicating a relatively fair valuation. It...
FX:XAUUSD is testing local channel support and forming a rebound from the liquidity zone. Traders are waiting for PCE data. Favorable inflation data may provide strong support for gold. Traders are waiting for the PCE, any hints of lower inflation may be viewed quite positively, which will generally increase the chance of interest rate cut in September. As we...
Today, BTCUSD is showing a promising recovery, with the price hovering around $67,000. We plan to continue buying as the trendline is being established. Our priority is to buy during short-term pullbacks, aiming for the final target at the trendline boundary marked on today's analysis chart.
The GBP/USD pair plunged on Thursday, marking its third consecutive day in the red and falling below 1.2860. This decline is driven by market expectations that the Bank of England (BoE) will cut interest rates next week, putting pressure on the British Pound.
I think we still have two major rallies in this bull market for altcoins. Bitcoin dominance is still too high which means altcoins are still early. previous cycle total 3 reached higher than the 2.3 fib but this cycle and because of the law of diminishing returns I dont think the expansion phase will take us to the this level. Around 1.6 fib is a more logical...
✅I have observed a clear breakout in the structure of the 📉S&P500 Index. The price has dropped below an important daily support level and has not been able to recover. Upon retesting the broken structure, there has been a noticeable bearish response. I believe that the decline will persist. The next level of support is at 5,348.
BREAKING NEW: TRADERS, who's ready for the second move? It's been confirmed with price action BITCOIN will continue as I've searched for trend continuation. Smart money contraction with value line: this means the trend gets pushed down by smart money then the trend must rise. I've laid a Bear Trap in case there's one. The red Smart Money trendline is a smart...
Sorry for the congestion and being repetitive at the end showing you what I already showed you haha. I have really bad hay fever and its throwing me for a loop! Allergies suck! Anyway, these are my thoughts. Not advice. Safe trades!
Look at the Daily S+P 500 Chart,included in this post. Then look at the KST Indicator's Bearish Crossover Same Time Period, Chart Included. These are dangerous looking snapshots of a stock market suddenly in trouble. Tech stocks, market leaders are seriously breaking down, in a rollover manner. Downside risk is accelerating. I'm not sure, most saw this coming...
Hello Dear Traders, - Important Levels On the Chart "Horizontal Lines" Based on Gann Square of 9 Works as Support/Resistance. Watch for Price action around those levels - Jinny Gann Grid - Vertical lines works as time lines. Expect Reversal around them. Next Near Resistance: 29.74 Near Support : 24.27 Wish you Best of luck
Trump speaking at BTC conference is setup to be a huge sell the news event imo. Hidden bearish divergences, CME gaps to fill galore below