After breaking downward the channel, we can see the RSI showing a overbought level, with the DMI going lower after a peak. The volume looks to be also decreasing, with sellers losing strength.
QQQ is down over 1% today and falling out of the channel it's been in since October. It's quad witching today so could not be a coincidence that the market might be changing phases. An obvious spot for support would be the 50 EMA down between $425-$427.
BINANCE:DYDXUSDT KUCOIN:DYDXUSDT Hello traders. I believe in DYDX, why? Because this all-season (before or after halving) DEX (decentralized exchanges) are going to be under more attention. right now, there are 3 scenarios in front of the traders. in 1 & 2, the price can retest the 2- or 4-hour Bollinger midline and then retest the lower level of...
GBPJPY is very bullish after the BoJ rate hike. The price is currently testing a resistance line of a horizontal range on a daily. Its bullish breakout - a daily candle close above, will be a strong trend-following signal. A bullish continuation will be anticipated at least to 193.0 level then. ❤️Please, support my work with like, thank you!❤️
Hello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price some days ago entered to range, where it first declined to the resistance level, which coincided with the bottom part and resistance area, after which ETH turned around and started to rise. Later, the price rose, after which made correction back to the...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price not long ago entered to wedge, where it first rebounded from the resistance line and quickly declined to the support line, breaking the 64900 level, which coincided with the buyer zone. After this, BTC bounced from the support line of the wedge and made a...
As evident from the chart, the price is not only currently trading towards higher prices within a rising channel line but has also established a valid breakout from a very long-term daily timeframe inverted head and shoulders pattern. This phenomenon suggests a high possibility of a bullish move in this currency pair, and we might witness much higher prices in...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some time ago price entered to triangle, where it bounced from resistance line and fell to support line, breaking $2020 level. But soon it turned around and rose back, breaking this level again and later reaching resistance line. After this, price made a small...
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 Recently price has grown in rising channel, where it reached resistance line, after which it made correction. After correction, BNB bounced up from support line to resistance level, which coincided with resistance area. Soon, BNB broke this level, exited from...
SUI is trading in a clear upward channel and currently the price is trading near the bottom of the range or area of support. One can look to go long any price below 39.00 with minor resistance at around 43 - 43.20 initially. Stop loss is a close below 36.70
Hello Traders ! The BTC Price Formed an Ascending Channel. Currently, The Support Line is Broken ! The Higher Low is Broken (ChoCh) So, I Predict a Bearish Move 📉 ------- TARGET: 63900.00🎯
Building on the insights from my previous analysis , the Harmonic pattern 5-0 has emerged on the BTC chart on the 1H timeframe. This pattern is a relatively uncommon find, yet it's a powerful indicator of a potential trend reversal. With the pattern's completion, BTC appears poised to fill the gap indicated by the lower wick of a candle on the left side of the...
Technically a rising channel in what looks like a uptrend can be a sign that reversal could be in play in the possible future and price to retrace back to the higher low which is the support before trending upwards again. support and resistance zone are our areas of play and chart pattern happen with that area , it is only a matter of understanding technical...
EURAUD broke and closed above a resistance line of a horizontal range on a 4H time frame. It is a strong bullish signal that follows after a breakout of a key horizontal resistance. Growth is expected at least to 1.6697 now. ❤️Please, support my work with like, thank you!❤️
Pendle has another month exactly before my projected end of consolidation. I expect the token to skyrocket like it did previously. A lot of this has to do with the structure of locking tokens and the economy. This token is my favorite project on Arbitrum and my long-term targets are still 8-10$. -I expect 4.8$ by the end of April
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some days ago price declined in falling channel, where it reached $1.0900 level and at once continued to fall. Later price tried to back up, but failed and declined to support level, which coincided with support area. Also soon, Euro fell below this level and...
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it first declined below support level, which coincided with support area. But in a short time it rose back and even later reached resistance line of channel, after which XRP made correction. After correction,...
Hi folks today I'm prepared for you Ethereum analytics. Some time ago price rebounded from the support level, which coincided with the support zone and started to rise, but after ETH little rose, it turned around and made impulse down lower the 3445 support level and even the support zone. But soon, the price turned around and in a short time rose back and even...