Support from March 2011 and November 2012 respected this week as PNN continues its downtrend. Water industry is experiencing a wave (pun intended) of problems. Could form another shoulder with high of 943?
Twice the price of Toncoin hit the resistance zone but could not break the resistance and continue the upward trend. For this purpose, we assume that it will play in the support and resistance range, and as we have indicated in the picture above with purple color number 1 and 2, it has the possibility of correction and movement in those ranges. And if it breaks...
Last week CRYPTOCAP:PEPE broke out of an inverted head and shoulders formation and it seems to be correlated with mania surrounding $GME. We have since retraced much of the move to retest the pattern's neckline and so far it has held. Looking for price to move now to 0.000012-0.000014 in the short term, which would be up to 50% gain! On the shorter timeframe...
Price hit my stop because of the news but I broke even already.so I lost so profit.
XAUUSD - 24h expiry Buying continued from the 78.6% pullback level of 2398.5. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. Preferred trade is to buy on dips. Price action resulted in a new all-time high at 2450. 20 4hour EMA is at 2406.5. Our profit targets will be 2446.1 and...
In the current image, BTC stands at the tip of a critical threshold. The price has currently been rejected from the 200-unit exponential moving average in the 4-hour time period. Although attempts have been made 3 times to the falling channel resistance area we are in, there is no strong and significant sign of any breakout. Currently, the target of an Inverse...
GOLD is in an ascending channel. The price has reached the upper boundary of the channel and the psychological resistance of $2450. We expect a pullback to retest the resistance. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
GBPCAD is moving to the upper boundary of the ascending channel. The volatility of the movement has decreased. The price has reached the resistance level. We expect a decline to the 38.2% retracement level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
The GBP/USD currency pair is currently forming a Bearish Harmonic Pattern (XABCD), with Point D identified as the Potential Reversal Zone (PRZ). The confluence of several technical factors at Point D suggests a high probability of a trend reversal from bullish to bearish. Technical Confluences: 1. Harmonic Pattern Completion Point D of the Bearish Harmonic...
GATEIO:HNTUSDT has great utility and is a leader in the RWA (Real World Asset) category. However, this is yet to reflect on its price action and value. The chart looks sexy right now, and it makes sense to long from here. Study the chart, trade your plan, and manage your risk. What are your thoughts about this analysis? Please share them with me in the...
I will treat BINANCE:ORDIUSDT like meme coin; it has little utility and should be traded with caution. However, it was found on the list of top losses, and looking at the chart, it seems like the support at $40/Ordi will hold. Add your SL accordingly and manage your risk effectively. What are your thoughts about this analysis? If this analysis makes sense...
EchoStar Corporation has clinched a significant contract with the US Navy, valued at USD 2.7 billion, under a ten-year indefinite-delivery, indefinite-quantity (IDIQ) scheme. This flexible contracting mechanism allows for an ongoing series of deliveries, potentially leading to additional contracts and providing EchoStar with a new, stable revenue stream. The...
Fundamentally, GATEIO:DOTUSDT appears like a dead project, which is obvious in its price action in the last 8 to 12 months. Dot does not look good for investors but is not bad for trading. Again, we are ready to trade its breakout for a possible 100% profit, when the opportunity presents itself. What do you think about Dot? Share it with me in the comment...
EUR/GBP is currently exhibiting a bullish technical setup based on a harmonic pattern and RSI divergence, suggesting a potential upside move. Harmonic Pattern Setup: A bullish butterfly pattern is forming on the EUR/GBP chart. Point D of the pattern, also known as the Potential Reversal Zone (PRZ), is nearing a key support area. This confluence strengthens the...
we have two scenario First scenario : price will pull-back for correction wave and create higher low at black arrow or between 50:61 fibo level , so u can go short now and take any target or when confirming higher low in H4 second scenario : price will break current resistance area green arrow may be powered by news for CAD that will price to go up and we can...
GBPUSD is in an ascending channel. The chart has reached the upper boundary of the channel and is moving in an ascending wedge. The price is trading near the resistance level. We expect a correction. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Nzdusd has found some support on the 30 min tf at the moment. A break if this resistance is expected before pulling back again
Nifty and Bank Nifty analysis and trade plan for tomorrow, Wednesday. 22nd May | #nifty #banknifty