Look for BABA to consolidate some more and bounce off the previous resistance. I think we could see some quick price movement through the gap. Look for a bullish bias and for BABA to fill the gap this week.
In the US trading session on Friday, the price of gold (XAU/USD) faced pressure as it sought to reclaim near-record highs around 2,430 USD. Despite a slight decrease, the price of gold remained within its upward trend, supported by safe-haven inflows amid escalating tensions in the Middle East. Looking at the chart, we can see that the price of gold is...
USDCHF reaching major resistance area on the 1D chart. Possible bearish movement of about 180 pips.
EUR/USD is holding steady at 1.0850 at the beginning of Tuesday in Europe. This is explained by the weakening of the US dollar (USD), which has pushed the EUR/USD exchange rate sharply higher, once again bringing it back to the 1.0860 area at the start of the week. Based on technical indicators, we see positive signs for the rise of EUR/USD. The simple moving...
🔍Today, we're analyzing Ethereum/BTC in the weekly timeframe, crucial for understanding Ethereum's position relative to Bitcoin, especially amid the DeFi landscape where Ethereum plays a significant role. 💎Towards the end of 2021, ETH/BTC encountered resistance at 0.08511 and has since been undergoing correction. Upon plotting the Fibonacci retracement, we...
During the past trading week, the USDJPY currency pair closed at 151.342. This signifies that within the market context, the Japanese Yen has maintained its strength against the US Dollar. Based on these developments, the forecast for the upcoming week is for the downward trend to persist. From a technical standpoint, charts and technical indicators have...
🔍Today's analysis focuses on Shiba Coin (SHIB) in the daily timeframe, where it has recently experienced a remarkable 417% growth, showcasing its significant potential. SHIB is among the most popular meme coins in the market, boasting a large community of loyal holders. 📈Following such a powerful upward movement, a correction is entirely natural and essential for...
I really like to se this scenario taking place for the rest of the week but it can keep runing higher and se some tipe of retracement friday. Waiting for poweel speaks 16.35 EST today for confirmation.
Peace be upon you, traders, today I want to clarify this analysis that I did with the sniper strategy. I determined the order block, the meteorology block, and the Fibonacci, in which I relied on the most important levels, which are 50%, 61%, 75%, and finally 79%, which is the most important point because it is the maximum. A point to correct the wave, which point...
If this rectangle is broken in any direction, Bitcoin can move in that direction Currently, the momentum of the chart is bullish, if Bitcoin continues to move, the chart will be updated by observing other patterns. Support and resistance ranges are clear in the chart Good Luck
To reach the next resistance, Dogecoin can have a small correction to the range of $0.065. The next supports and resistances are clear in the picture and there must be enough momentum to break them. The last resistance identified in the image is related to the support that was broken in the previous analysis and it is important
What is clearly visible in this picture is that Ethereum has built a resistance in the $1936 area and I expect a drop from this area to the short-term upward trend line. If there is no support in this trend line, it can fall to the next support, which is the $1700 area. If the $1936 resistance is broken, the next resistance is the $2000 area
short trend complete 2-leg for continue to bear back to 50% bear trend
end reverse in 3 leg in sell leg mtr support & ressitance trendline
BTC dynamic and static Lines in daily time frame. also we have a huge supply zone (10 percent wide). so be careful on your long trades.
By reaching the end of the leg, you can expect a sharp drop, as we know, Bitcoin is the first time in these eight months that it sees the price above 30 thousand dollars.