Here is 40y upward chanel...the price reached diagonal resistance
Hello Traders, BTC is currently having trouble closing above the supply zone. I anticipate thata failure to close above this would push price back down to retest the Demand Zone. From there, a candle closure below that zone would signal a further push to the downside looking at the support at $62,000 - $60,000
Doge, the OG and beloved meme coin, is on our radar with some short-term levels to watch. In this bull market, dips have been golden opportunities and that trend's not slowing down. Thinking about swapping some long-term holdings like BTC/ETH into Doge? It could mean bigger returns. Here's an example: swap to doge, ride the Doge wave, then flip back to btc. I’m...
Dear friends, today gold is once again strongly approaching the 2220 integer mark, and the market has a high sentiment of following the trend. However, gold has not crossed this mark after all, and is currently stuck near the 2217 position. I know that many people in the market are targeting the 2245-2250 area. But what I want to remind is that before gold breaks...
Dear friends, the current gold market is crazy. Today, gold is once again strongly approaching the 2220 integer mark. The market has a high sentiment of following the trend of long positions, but gold has not crossed this mark after all, and is currently stuck near the 2217 position. But behind the extreme madness is the correct logic of the market. Judging from...
XAUUSD Selling opportunity Appears in H4 Time Frame Looking Price Action for Long Term Sell Risk and Reward Ratio is 1:4 After 50 pips Profit Set SL Entry Level "DISCLAIMER" Trading & investing business is "Very Profitable" as well as risky, so any trading or investment decision should be made after Consultation with Certified & Regulated Investment Advisors,...
End of day update from us here at KOG: Yesterday we suggested looking for the high to hold in the Asian session for a move downside into support before the move again to target the highs. We gave the levels 2104. 2110 and the extension of the move into the 2224 price region. All these targets are now completed as well as our Excalibur targets. Hope you all...
NZDJPY - 24h expiry The primary trend remains bearish. The sequence for trading is lower lows and highs. We have a 50% Fibonacci pullback level of 90.85 from 91.25 to 90.20. Preferred trade is to sell into rallies. Bespoke resistance is located at 90.80. We look to Sell at 90.80 (stop at 91.10) Our profit targets will be 90.05 and 89.90 Resistance: 90.80...
After #ATH in NCDEX:GOLD , we see a weak divergence in the time of 15 minutes, which we can enter with the lowest risk in the opposite direction of the upward trend. be careful!!!!
Thesis: Speculators were overly positive regarding NZD's prospects for raising rates. In the end, the RBNZ maintained rates and were dovish. On top of this, China stock market is at peak pessimism with a relief rally currently in play. This should affect both AUD and NZD currencies, but especially, AUD; hence, I am holding out that AUD will strengthen against...
Potential inverse head and shoulders pattern forming. Also coming to retest the major support area.
AMEX:IWM TVC:RUT CAPITALCOM:RTY small caps hit major resistance (the yellow zone) and finished the day with a shooting star candle. More downside is needed. This syncs with other indices NASDAQ:QQQ AMEX:SPY
CADJPY in the ascending channel and could be targeting the lower channel line. Take appropriate risk accordingly.
Looking to short XAUEUR. Currently trading at the all time highs therefore counter moves are short term and not be taken as trying to find the reversal point in the market as this is zero sum game... Currently XAUUSD is also at all time highs near it's round number 2200 and Silver is currently subdued after rejecting the Intra Year highs of last week. Though I...
For NASDAQ:MVST , wait till a day after the quarterly results are out (01 Apr 24). If the price is heading down from that date and the resistance level, then wait until either the RSI is at 30 or the price reaches $0.55. And then start DCA for a long term hold. If after the quarterly results the price starts a flag pattern, see the trend of the RSI and start the...
Have you noticed how much ZCASH has been lagging behind the rest of the market? This recently came across my radar and I was in disbelief. I've noticed in the past that ZCASH would follow Litecoin & Compound. All three alt coins have similar circulating supply so I was never too surprised in the past when I'd notice the three tokens pumping/dumping together or...
Will Xauusd reached ATH 2235? analysis using SNR Original.