Currently, Bitcoin is experiencing a simultaneous price surge with indications suggesting it will break through the resistance level of 71,649. It is anticipated that after surpassing this level, the price will continue to rise significantly. There are predictions that Bitcoin may approach the level of 73,862 in the near future. Following this milestone,...
In today's London trading session, the USD/JPY pair maintained stability within a narrow range around the 151.30 level. Market forecasts suggest that this pair may continue to fluctuate within this tight range, potentially experiencing a slight decline before rising to confront the resistance zone at 151.977. However, there is a possibility that it may...
this is the place that the price got stuck several times due to the sheer volume!! if you see the confirmation... its time for a short
OANDA: XAUUSD. The trend appears to be bullish, but there is a minor resistance system in its way. It's recommended to wait for the price to react to the trend line. If the price reacts as expected, the next significant resistance would be an excellent opportunity to take a short scalp position. remember the trend is leading to higher peaks.
🎯 Entry Point: Consider entering the trade between $37.80 and $38.80, ensuring confirmation of support turnaround. 🎯 Take Profit: Target profit at $44.50 or $52.00, aiming for significant resistance levels. 🛑 Stop Loss: Implement a stop loss at $34.00 to mitigate potential losses in case of a reversal. 📉📈 Note: Monitor price action closely for confirmation and...
Hello everyone, I invite you to review the situation on BTC. As you can see, the price is struggling to maintain the level above the previous ATH, you should observe the behavior and be vigilant because just above a specific zone there is a very strong resistance level where the price should reach according to cyclicality. The RSI indicator and the STOCH...
We are looking for a confirmed activation of our buying continuation - that could be yellow HTF acting as support but ideally we will need to activate something stronger like purple or on the LTF green/blue. Happy Trading :)
NYSE:JMIA is retesting the $5 support level which is a major point of interest. Bouncing off this level is a good sign for strong buyer interest and a sign of further uptrend. Bullish Case Growing e-commerce market in Africa: Africa has a rapidly growing middle class and a young, tech-savvy population. This presents a significant opportunity for e-commerce...
#ALT/USDT #Analysis Description --------------------------------------------------------------- + The price of ALT is currently hovering around the resistance level, suggesting a potential breakout. + If the price manages to successfully breach the resistance level, it presents an opportunity to enter a long position. + I plan to initiate a long position once the...
Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As we can see, the price has broken lower from the local upward trend line. Let's start by determining the support and, as you can see, first we have a visible support zone from $69,984 to $69,553, and then there is support at the level of $68,307. Looking the other way, we see...
In the daily time, after the failure of the dynamic trigger and the support in the green box range, it has already tried to break the neckline several times, which it has not succeeded in breaking so far. But according to the structure that created higher floors and pits facing up, a triangle corner pattern was also formed. If the fake break occurs from the bottom...