Hi folks today I'm prepared for you Bitcoin analytics. A few moments ago price rebounded from the trend line and rose higher than resistance 2, which coincided with the resistance zone, thereby breaking this level. After this, BTC started to trades inside the resistance zone, but later it made an impulse down to almost trend line, after which at once turned around...
Hey Traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.72100 zone, GBPCAD was trading in an uptrend and currently is in a correction phase in which it is approaching the retrace area at 1.72100 support and resistance area. Trade safe, Joe.
Take a look at our analysis for USDCHF. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.921. Considering the today's price action, probabilities will be high to see a movement to 0.916. P.S Please, note that an oversold/overbought condition can last for a...
Take a look at our analysis for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 106.329. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 104.242 level. P.S The term...
AUDCAD is displaying a Mutli TF Divergence on the 1Hr and 4Hr with a double Top Pattern on both TFs. A reversal for AUDCAD can be expected news being the catalyst.
As mentioned in my previous analysis on EURUSD, what I was looking for came to pass. The large swing move did not occur yet, so i'm anticipating one more spike up higher before we head to the downside. I have a few things leaning towards my short bias: 1. Seasonal tendency for the USD is stronger. This is suspect for XXXUSD pairs to be going up. 2. May's...
BTC broke a major support zone. Daily candle will close below the support zone. So we might expect a SBR. Fall can be expected. Target 53k and 45k
Hello Friends. How are you? today I wanna publish a new analysis of BNB It's not financial advice. please just read and do based on your strategy. Let me tell you something first. The market moved more than I thought. and it's really strange. when Bitcoin passed 42800 because Bitcoin did not react to this order block. let's not go into details. I used the...
Bitcoin has finally broken below 60k and we are starting to see our bull trend get reversed!
Looking for the 8H H&S to complete with price dropping at least to the daily 50% FIB level. This is also the 8H high from 4/5/24. This area is: -the Monthly bullish .382 FIB level -the Previous month high -the Weekly level of 4/7/24 -the 8H 4/5/24 High Price will either: -break and retest at this area to continue bearish -price can reverse in this area to...
Here is our detailed technical review for GOLD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 2323.122. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2266.939 level. P.S We...
Hello,Friends! EUR/CAD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 3H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.463...
Hello,Friends! NQ1! is making a bullish rebound on the 9H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 17048.25 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR/USD pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.059 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! Previous week’s green candle means that for us the GBP/USD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.243. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Traders! GBP-CAD went up and The pair is locally overbought So as the pair is approaching A horizontal resistance of 1.7236 A bearish reaction is To be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey Traders, in today's trading session we are monitoring US30 for a selling opportunity around 38150 zone, US30 is trading in an uptrend and currently seems to be attempting to break it out. If we get dips below the 38150 support we will be looking for a potential retrace of the trend towards more lows. Trade safe, Joe.