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 falling channel, where it declined to support level, which coincided with support area. After this, XAU tried to rise, but when it reached resistance line, it bounced and declined lower than $2015 level, breaking it. Also, Gold...
The EURCAD pair had been consistently increasing within a rising parallel channel for the past three weeks. However, it recently hit a crucial daily resistance level and began to face strong selling pressure. As a result, the price broke below the support of the channel, indicating a potential bearish trend continuation. The next support levels to watch for are...
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price a not long time ago started to fall from the seller zone, which coincided with the 1.0890 current support level, and in a short time, EUR fell lower this level, breaking it. After this, the price turned around and later entered to triangle, where the EUR...
Hello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price some days ago started to rise in an upward channel, where it soon broke the 360 support level, which coincided with the buyer zone, and in a short time later reached the resistance line of the channel. After this price made the correction and then...
Analysis Overview: In recent weeks, XAUUSD has been caught in a sideways consolidation, leaving traders pondering its next major move. However, a recent uptick in price action hints at a significant development. The question now is whether this surge represents the final leg of our Wave B or if the momentum will carry the price further up, potentially breaking...
Been hearing lots of good things about NEAR so finally pulled t up on a chart and I can see in the short term it is currently breaking upwards from a descending channel which looks much more like a bull flag on higher timeframes, as well as an inverse head and shoulder pattern. I have illustrated both measured move targets here on the chart; The purple dotted line...
ETH formed rising channel on the hourly chart. Lower trendline offers minor support. Upper trendline held the price since Feb 28.
BMY is one of my more recent value additions to the stock portfolio, I was able to snag this around the lows and the stock is breaking out today. Value will have its day and a few stocks are already moving. Once you obtain a certain net worth, safety becomes more important than just flat out growth and performance. -Short-term 55$ target remains -60.8$ is my...
FX:XAUUSD strengthens to 2141.8, but, having failed to reach a few points to ATH, forms a correction on the background of increasing sell-offs, which leaves this gestalt open for the market. Today-tomorrow there will be quite strong news, all the attention is on Fed head Powell. Interest rates, inflation and other things are likely to be discussed. Based on...
Traders, let's focus on Vedanta Ltd today! 🌟 It's cruising within an upward parallel channel , consistently bouncing off support and surging higher. 🔄 Despite today's market turmoil, consider entering cautiously with trendline support. 📉 Options buyers can explore 250 to 270 CE for liquidity. Let's navigate these waters together! 💼📊 Remember, my analysis is a...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some days ago price declined to $1.0865 level, which coincided with resistance area in falling channel. After this, EUR some time traded between this level and later broke it and fell below, but soon price tried to back up. Euro failed and declined to $1.0725...
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it at once declined to support line, after which bounced and continued to rise. Soon, price reached $3200 level, which coincided with support zone and broke it, after which ETH made retest. Then price rose to...
Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some days ago long time traded between the support level, which is located in the buyer zone. But last time, it turned around and started to move up in an upward channel, breaking at once the 51600 support level. In the channel, BTC in a short time rose to...
hello guys... as you can see bitcoin engulfed three important levels and I think it is possible to touch the last area too! on the other hand, we need to be sure about that so we can expect if the blue breaks down the last leg will become a manipulator move! so if the 67291 area breaks down get a short position until the bottom line of the channel touches,...
Logarithm. Time frame 1 week for clarity of the channel range. 3 weeks ago, there was an exit of the price under the support of the accumulation channel by a large percentage. Many long positions were liquidated. The chart shows the percentages from this reversal zone to the channel resistance, as well as the average profit percentage when exiting this...
Im seeing confluence of last bull market cycles potential pennant target(yellow dotted line) and the current bitcoin cycle flag’s measured move line (purple target). Now I’m not suggesting that we will definitely reach this target level on the current bull market, as we have already seen this was a target from the pennant we broke up from during the last bull...
Hello Traders, welcome to today's analysis of Nasdaq. -------- Explanation of my video analysis: For more than 10 years the Nasdaq has been trading in an obvious rising channel formation and retested the lower support the last time in 2023. This retest was followed by an expected 65% pump. Considering that Nasdaq is now retesting resistance as mentioned in the...
🐶One of my favorite meme coins is Floki Inu(FLOKI) . A few months ago, I shared with you the analysis that Floki Inu(FLOKI) has increased by more than 😱 ➕2000% 😱 so far. 💡 Floki Inu(FLOKI) began to rise after the community of users of this meme coin voted to burn 190 billion FLOKI tokens . But will this growth continue❗️❓ 🙏Please, Stay with me. 🏃♂️...