I expect a calm and stable week for gold. My weekly closing forecast is $2080-$2100. While weekly momentum indicator is falling, price is rising. This indicates that gold prices will rise steadily. Note : Due to the American debt crisis; individual investors, companies and central banks continue to buy gold. Gold is expected to reach $3000 in long term.
Whether it marks a local top or the end of a 1-year-long uptrend, there's a growing sentiment that Bitcoin is due for a reversal soon. I've attempted to use channels, harmonic patterns, and Elliott Wave theory in this analysis. Just to let you know, I haven't ruled out the possibility of BTC setting new lows, which means that this rise could be a corrective wave...
In this comprehensive examination of LTCUSDT within the 1-day time frame, a discernible bearish flag formation is apparent, accompanied by the development of a channel. A strategically placed Buy Limit Order on LTCUSDT leverages a robust support level derived from a more expansive timeframe, emphasizing the reliability of the chosen entry point. The rationale...
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price some days ago price started to trades in an upward channel, where it first broke the 1935 support level, which now coincided with the buyer zone. Then price rose a little more and soon corrected to support line of the channel, and then Gold rebounded and made...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some days ago price bounced from resistance line and made downward impulse to $40800 level, thereby breaking $43200 After this, BTC bounced from this level, which coincided with support area, and rose to $43200 level, breaking resistance line. But, after...
Allow me to share the exhilarating journey of BLUR, the budding cryptocurrency on Binance. Despite its nascent presence, BLUR has orchestrated a bullish symphony that echoes the proper way to ascend, shooting straight for the moon! 🌕 Navigating the Abyss: A Strategic Shakeout Descending Channel Tactics: BLUR engaged in tactical trading within a descending...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Interesting set up on CRYPTOCAP:INJ 10 month moving average appears to be holding up price. There is some nice confluence between the parallel channels and fib ext levels. 10:1 + risk reward (STOP @$15.00) High risk play so position should be small God speed PUKA
AMZN is forming an ascending channel on daily timeframe. There is no divergence on RSI.
I really like this opportunity from ZM here. The stock is cheap on many metrics and the market is pricing in a bearish case. If ZM can post even minimal growth in 2024, the stock should rip. We've had almost a year of consolidation in this $60-$74 range and we're attempting to break out. It's just a matter of time. I'm targeting ~$97 to fill the gap made in...
Hello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price a few moments ago declined below the 236 support level to the buyer zone, where it at once rebounded and rose back, making a fake breakout. Next, the price started to range, in which it firstly rose to the top part, which coincided with the current...
Hi folks today I'm prepared for you Bitcoin analytics. Some time ago price traded in the support zone, which coincided with the 36700 support level and soon price declined to the trend line, and then bounced up, breaking this level. Next, BTC started to rise in an upward channel, where it rebounded from the trend line and made an impulse up to the 44400 resistance...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
On AUDUSD Price is currently trading within a well-defined ascending channel on 1HTF, inside a 4HTF ascending (reversal pattern) this gives an additional confluence. Waiting for price to test the upper dynamic trendline that serves as my support before going short. If you found this helpful, please support your fellow trader with a like.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price entered to rising channel, where it in a short time reached resistance level, which coincided with resistance area. Then Euro bounced and made downward impulse to support line of pennant, thereby breaking support level and exiting from...