As we can see on EURUSD that a inverted Head & Shoulder pattern has been formed and in right shoulder we can see a another mini inverted Head & shoulder pattern so we can plan long positions once we see break and retest at the neckline of mini inverted Head & Shoulder pattern.
HONAUT formed a triangle patter on weekly chart. This pattern has been forming for the last two years. It appears breakout has happened on it today. Though the volume was relatively low compared to previous trading session. There was strong bullishness with Marubozu candle formation today. Multiple support and resistance were tested with recent runup in price that...
Monero (XMRUSD) Analysis: Weekly Timeframe: Monero is currently experiencing a downtrend, indicating a lack of demand in the market. The sustained downtrend on the weekly timeframe raises concerns about the overall strength of Monero in the current market environment. Daily Timeframe: On the daily chart, Monero has recently bounced off a significant support...
Bitcoin returning to its ATH be expecting, either a great push-up or some resistance at its ATH. Either way great trade possibility ahead...
This structure looks like a cup and handle to me. I've indicated a key level of support and resistance with the blue lines. Here are some tips for identifying a Cup & Handle pattern: Cup Formation: The pattern starts with a rounded bottom (the "cup") that resembles a "U" shape on the stock chart. The left side of the cup shows a downtrend...
Hello,Traders! BITCOIN went further up Recently but the coin Will soon retest a horizontal Resistance level of 73,784$ Which also happens to be An all-time-high and from Where I will be expecting A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Tesla Inc. is gearing up for a significant reveal on 8 August this year, as it plans to introduce its much-anticipated robotaxi. This move comes at a time when the company is navigating sluggish sales and increasing competition from more affordable Chinese electric vehicles. Elon Musk, the CEO of Tesla, announced on his social media platform, X, the upcoming...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently price started to trades in flat, where it some time traded in support area, after which bounced up to top part of flat. After this, price bounced down to support area, after which it at once made upward impulse, thereby breaking $2210 level. Also, XAU...
1INCH bounced off the ascending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 0.7 is possible.
As we can see on USDCHF that once it rejects from the marked resistance zone it moves towards the marked support zone. so we can plan short positions accordingly.
In a clean uptrend channel with a strong bearish candle ready to reverse. Bears are in control.
I am already in the trade for a short. The long-term trend is down on the higher time-frames and we are currently at the top of a channel with wicks to the upside and at a main horizontoal support and resistance level. We also have a head and shoulders setup within the same area. Multiple confluences to confirm the trade.
Hi folks today I'm prepared for you Bitcoin analytics. A few moments ago price reached the trend line and then at once rebounded from it and made a strong impulse up to support 2, which coincided with the support zone. As well, BTC started to trades in a pennant pattern, where soon price broke support 2 and made a retest. After this, BTC some time traded near this...
Hi everyone, Bitcoin Cash price increased on 100% on this week and has reached 475 - 530 resistance area. Bitcoin Cash didn't notice 380 - 420 resistance area but now this area might serve as support and BCH price can consolidate there before another pump. In case if BCH price continues to pump it can reach 700 resistance level and afterwards retrace to 475 -...
Upon closely re-evaluating Bitcoin, especially after witnessing this significant sell-off, we must increasingly consider that we're dealing with a Zigzag pattern rather than a Flat structure. As evident in the detailed analysis, we've reached the 78.6% level for Wave B at $71,000, followed by what appears to be an accumulation phase during which Waves ((i)) and...
Hi folks today I'm prepared for you British Pound analytics. Some time ago price in a short time rose to the 1.2765 resistance level, which coincided with the resistance zone, and soon broke it, after which GBP rose to the trend line. Then the price turned around and started to decline in the downward channel, where the price declined lower the 1.2765 level,...
Ethereum indicates that we are now approaching the completion of Wave 3, which is expected to be between $3,274 and $5,400. There is potential for an increase in the coming days that could drive prices significantly higher. However, the 161% extension level within Wave 3 is seen as very important and significant, and the resistance line at $3,581 could become a...
DE30EUR - 24h expiry Short term bias has turned negative. The bearish engulfing candle on the 4 hour chart is negative for sentiment. Daily signals for sentiment are at overbought extremes. Previous support at 18250 now becomes resistance. The trend of higher intraday lows has also been broken. 20 4hour EMA is at 18254. We look to Sell at 18350 (stop at...