Hello Everyone, There hasn't been significant change in the status of the ETH/USD pair since last week. Long-term, it remains a strong buy. What we require now is a consistent, stable position above the weekly pivot point (PP), and ideally, surpassing the daily PP as well. It's worth noting the significant monthly support at around 3075.471, so it's crucial for...
Hello Traders ! On Thursday 25 April, The EURCAD Price Reached The Resistance Line and Failed To Break it ! The Last Higher Low is Broken (Change of Character). So, I Expect a Bearish Move 📉. ----------- TARGET: 1.45965🎯
Hello Everyone, The recommendation for BTC/USD remains bullish, with the current price hovering around robust monthly support at 63,252.91. Despite ongoing selling pressure, the focus is on maintaining this key support level to pave the way for a bullish confirmation and subsequent price increase. TradeWithTheTrend3344
Hello Everyone, Long-term, NZD/JPY appears favorable for buying, with a significant resistance anticipated around 95.215. If the price manages to hold firm at this level, it could signal potential for further upward movement. Currently, there's increased selling pressure in anticipation of a bearish shift. However, the price is currently positioned above the...
Trade of trades, I opened a position on Friday, but you're still on time. I'm warning you, you need to be very patient for this and have a unique personality. I'll try to handle it, I already put in my mind that it could take weeks until the break out and no matter what happens I'm holding. I recommend to open a small position and add at every drop or whenever you...
This is my Setup to go Short on Usdcad. Look for the LTF confirmation before taking any kind of entry.
Hello Everyone, EUR/JPY remains a favorable long-term buy, although current market activity shows sellers entering the scene. Presently, daily support levels have effectively propelled the price upwards, offering substantial reinforcement. Analysis of price movements indicates no immediate signs of a bearish reversal. Nonetheless, there exists formidable yearly...
For starters my overall sentiment is bullish. I am a holder, but I'm not biased. If it never rises, I will be fine. Now to my analysis... This is a fairly new project that launched in March. It's currently consolidating but it had a strong bullish uprise then found its first all time low. Its currently in a downtrend and has found a solid area of support as...
Support Level Opportunity: FIL retraced to the current support level two days ago and has shown stability. Consider a long position from here. Trade Parameters: Entry: $5.85. Take Profit: $6.75-$7.00 or $7.75-$8.10. Stop Loss: Just below $5.70. Market Observation: Recent market trend indicates a range-bound pattern. If FIL struggles to surpass the next...
Support & Resistance Strategy: SOL has retraced to a support level, suggesting a potential bounce. Anticipate movement towards upper resistance levels. Trade Setup: Entry: $140 at current support. Take Profit: $160-$170 or $200-$220. Stop Loss: Just below $135. Market Observation: Recent market activity shows a range-bound pattern. If SOL struggles to breach...
💹 Let's dive into analyzing this cryptocurrency coin for trading in lower time frames. 💰 In the weekly timeframe, we're still within a weekly box, and we've faced heavy rejection from the box's ceiling and weekly resistance. We're seeing red candles, and one of the reasons for this event is the correction in Bitcoin and the short-term conflict between Iran and...
Gold rebounded to above 2340 in the short term, which looks very strong. However, from the perspective of the entire rebound process, although gold has continued to consolidate the bottom during the rising shock, it has provided solid support for gold's rise. However, judging from the overall rebound strength, gold is currently not enough to form a reversal trend....
Hello, guys. This is DOGEUSDT 5D chart. If it supports from the GREEN line below and breaks through the upper red long-term downtrend line, It is expected to challenge the upper GREEN line in 2021. If the lower green line is not supported, One last rebound is expected from the RED line uptrend line.
On the above 4-day chart price action has corrected 10% from the 4600 summer high to find support on the Golden ratio. A remarkable moment now exists to have long exposure. Why? 1) RSI and price action resistance breakouts. 2) Support on 2022 resistance. What a signal! 3) The Cup and Handle pattern confirmation is textbook. The handle breakout follows strong...
We are in the middle of a bulls rally. But still in bearish territory. The 510 level is going to be very intense to watch. If the bulls manage to break up and consolidates above 510 bears are dead. I'm not shorting anything yet. I'm just sitting and looking at my long positions.
Resistance Zone And Support For EURNZD Is Showed In Chart
ENGINERSIN formed a descending broadening wedge on daily chart. Price broke out of resistance line today with strong volume. Price close high indicating bulls are out there. Note the volume when price falls as it stays below average line indicating sellers are not willing to sell at lower price. This is also confirmed by volume hike when price is moving high....
Hi Traders ! On Friday 19 April, The AUDCAD Reached The Support Level (0.88012 - 0.88194). The Price Broke The Last Lower High (Choch). So, I Predict a Bullish Move 📈. ------------- TARGET: 0.89430🎯