INDEX:BTCUSD is currently inside its bullish channel. My target is $51k still the same as my previous outlook. RSI is showing exhaustion on the daily chart but i still expect it to hit the upper channel trendline first before a pullback. It is a one last push before a relief pullback. Hopefully when the price of Bitcoin drops, Ethereum and the rest of altcoin...
We have ldo currency chart in daily time frame. In the weekly time frame, we see the formation of a triangle pattern, in the daily time frame, the neckline of the upward triangle has been broken, I have identified three support areas for you on the chart, I think that this currency is growing well, to buy this currency, These areas are good places, and the red...
Hello TradingView Family / Fellow Traders, 📈 GBPCHF is overall bullish from a short-term perspective trading inside the rising wedge in red. However , it is currently sitting around a strong supply zone, thus we will be looking for sell setups. 📉 For the bears to take over and activate our sell setup, we need a momentum candle close below the last major...
Hello guys, I hope you are doing great, let's go for the weekly gold view. Currently, in the one-hour period, the $2060 area can be a good place for sell positions, of course, be careful not to enter the trade without confirmation. Currently, in the one-hour period, the $2060 area can be a good place for sell positions, of course, be careful not to enter the...
The USD/JPY pair saw a rally last week, but it eventually began to lose steam when it was unable to break through resistance close to 146.00, which resulted in a pullback towards support at 144.94. Should bulls take back control of the market, technical resistance is seen at 147.3. The broken neckline of the double bottom and the RSI bullish divergence support the...
i think that the market will do this that the market will form lower lows into support and the support will break and then it will retest back the support
After the price reached the resistance area of 0.7154 in the form of an upward trend, we saw the return of the price, which is in the form of a descending channel. The demand areas in the daily time have prevented the price of Ripple from falling further, which has gathered all the available liquidity in these areas in a last ditch effort to start an upward...
Hi guys, I hope you are doing great. We don't have very important news today, so I think gold will continue its trend slowly. The resistance zones drawn on the chart, the first one is the resistance zone in the 15m time frame and the second one is drawn in the 1h time frame, consider these two zones, after seeing the candlestick patterns and receiving...
Looking at a small breakout of a pretty large falling wedge on GMEs hourly chart. If it can break these two supply zones at $16 and $17, It may re-test those $18.50 levels again. I would keep an eye on this one. Also if you zoom out a bit more you will notice a massive double bottom... On the flipside, we are also still inside the weekly wedge with a bit more...
Looking at the massive falling wedge breakout on TSLA hourly chart. Also notice the oscillator on the Ultimate RSI, just crossed north of 50 and looks like it wants to retest those +70 levels once again. The next supply zone sitting at $240-$242, if we break through that the next zone after that will be $248-$250, and if we break that we should see $255-$265. If...
CRYPTOCAP:BTC.D most likely will drop and we will enter altcoin season. Rising wedge spotted in weekly time frame, my first target is around 47-49% for a potential retest or short consolidation or maybe invalidation. The main target is around 39-40%, prepare for altcoin season.
Hello TradingView Family / Fellow Traders, 📈 EURJPY been overall bullish , trading inside the blue channel and it is currently approaching the upper blue trendline. Moreover, the zone 159-160 is a robust resistance zone. 🎯 Therefore, the highlighted red circle represents a significant area to consider for potential sell setups , as it marks the intersection...
Dear Esteemed Members, There are several fundamental factors that could support the oil price reaching $76.09 per barrel, which is the highest level since November 2014. As the global economy rebounds from the pandemic, the demand for oil is expected to increase, especially in the second half of 2024. The International Energy Agency (IEA) projects that global...
After reaching the 4H resistance zone, Bitcoin experienced a sharp drop. In my opinion, this was a movement to correct the trend, and according to the previous analysis, we can hope for the continuation of the upward trend. Continuing the movement of the new resistance area of 45100 and 46450 are still Bitcoin's targets for the future.
Daily Timeframe - Uptrend 4hrs Timeframe - Price is holding strongly that the demand level. 1hr Timeframe - Possible buy setup Sell setup is valid if the demand zone is broken
The pair is heading to high resistance zone. It needs more consolidation to break it through. I think is goin to try a few times but it will end up pulling back to the blue line. I'll wait for some price action before open a short position. I'm keeping my eye on this one. Check out my related post about the dollar index lines below.
OANDA:USDCHF USDCHF (H4) could appear head and shoulders pattern? Note: These are not trading signals!
Here we currently have support from which we have seen upward scalp reactions. -One point that we should consider is that the selling pressure is more on gold at the moment. Because of this sales transactions can have a higher winning percentage. -To enter sell orders, we should consider the supply areas around the price of 2068 and the price area of 2074, of...