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 flat, where it at once bounced up to $1.0890 level from $1.0770 level. Then it turned around and little declined, after which price some time traded in flat and then made upward impulse. Price exited from flat, and then...
Great opportunity to short gold. Waiting for the break of bottom red trendline for a nice entry. Looking at this chart on 4HR/DAILY candles. I think gold still has more room to the downside. Any opinions? :)
📉 Bitcoin Daily 📈 Bitcoin closed week at 66653. That was above higher timeframe range middle and above developing quarter VWAP. Can't say this price action looks bullish, but at least it hasn't yet completely wiped out all the bulls. In short term perspectives there is still a chance for a bounce to May close this week. Higher timeframe picture and...
Gold is currently moving in a fairly wide range (2290 - 2450). And this is a plan for us to take long positions. Gold is currently moving in a correction wave (4). Target Profit is at the level of 2520 and above.
Analysis: Chart Pattern: MDT/USDT is showing a Bearish Pennant pattern below the support level, indicating potential for further downward movement. Support Breakout: The coin has broken below a key support level, suggesting increased selling pressure. Target Price: Estimate target prices based on the height of the pennant. Cautionary Note: Be careful, as...
Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price started to trades inside the upward pennant, where it broke the 60700 level and then reached the resistance line of this pattern. After this movement, BTC turned around and started to decline to the support level, which coincided with the support line...
PATELENG formed a Pennant chart pattern on daily chart. Multiple support and resistance were tested before the breakout. On the breakout day there was above average volume pushing the price higher. Looking at the current price level seems ideal time to enter with stop loss just below the breakout candle and target the width of the Pennant. This trade offers ideal...
Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price some days ago price started to trades inside an upward pennant, where it at once made a strong impulse up from the support line to the resistance line, which coincided with the seller zone, breaking 2285 and 2415 levels. Soon, the price turned around and in a...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently price entered to falling channel, where it at once broke $2375 level and fell to support line of channel. Then price some times tried to rise, but anyway fell back to support line, which coincided with $2320 level. Later Gold made upward impulse higher...
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WOCKPHARMA formed a Pennant formation on daily chart. Multiple support and resistance were tested and price broke out of resistance. Price also successfully tested it and bounced back. Volume was above average on the day of breakout. Looking at the way of bullish formation on this stock, I believe it has got good potential. Stop loss can be held just below the...
On the weekly timeframe, a double bottom has formed. After breaking and testing support, a bullish pennant has emerged, indicating a continuation of the upward trend. Growth potential towards $2. 📈🚀
Looking at the Logarithmic chart, LSE:ORCA seems to have been at a down trend since January 2024 after doing a 10x in just 63 days. The coin seems to have been going through a decent correction for the past 140-160 days. Pulling up the Fib retracement we see a clear bounce off of the 50% level(log scale) which gives an indication that the correction is coming to...
CRYPTOCAP:WIF has recently printed a new lower high, broke out from a pennant, did a Change of Character and now seems to be looking for drawing a new lower low to finally establish a continue of a bull trend. Price going below 2.40 could invalidate the bull trend, but there are several zones of interest to buy CRYPTOCAP:WIF for a long entry, these being: 3.2...
Hello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price rebounded up from the current resistance level to the 2400 level, which coincided with the seller zone and even rose higher, but when it reached the resistance line, the price turned around and started to fall. In a short time, the price declined to the...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price little declined and then bounced up to resistance level, which coincided with resistance area. But then it started to decline inside pennant, where it fell to support line, breaking $67500 level. After this BTC turned around and made strong upward...
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 decline inside the downward channel, where it rebounded from the support line and rose to the resistance line, after which continued to decline near this line. In a short time, EUR fell to a support level and even made a fake...
Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price reached the resistance level and even entered to the seller zone, where started to decline inside the downward pennant. In this pattern, it fell to the support level, which coincided with the buyer zone and also reached the support line of the pennant,...