resistance turned into support rejecting our level still expecting a bullish move to the upside too around 2000 level. like and comment and let me know what you guys think!
Hello everyone, welcome to the BNB to USDT chart review on a four-hour time frame. We will start by drawing the downtrend line that the price has broken above, then we can mark the local uptrend line with the yellow line. Now let's move on to determine the support that the price has in case of declines, and here we can see that the first support is at $292.2,...
Hello friends, today I am posting the important Support and Resistance trend lines for Bitcoin (BTC). These are the lines that I keep a close eye on and though there may be more, these are the important ones I focus on. One thing to keep an eye on with Support and Resistance lines is how many times in the past has the price came into that area. The chart has no...
This old company struggled to reinvent after the banking debacle destroyed its consumer financing division. Older companies CAN reinvent and start a new life. I'm showing the Weekly Chart first so you can see the support zone below and the strong resistance above, where the stock may head sideways for a time. Around $67 is the high of a completed short-term...
Technical Analysis Summary GBP/USD TREND ANALYSIS We have 1 Uptrend in green color (Long Term) We have 1 Downtrend in red color (Long Term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of...
This investment thesis is very simple. The recent market declines have pushed many stocks to attractive price levels. The three mega-cap companies AT&T, Visa, and Meta (previously known as Facebook) were hit especially hard by the declines, and are now trading in areas with strong support. Since all these stocks have strong moats, and significant margins of safety...
• The SPX hit our target, at the 21 ema in the daily chart, and now it seems it is recovering (the link to my previous analysis is below this post, as usual); • In this scenario, the next resistance becomes the next target, which is the 4,015 (red line); • If SPX breaks this resistance, it’ll trigger a bullish pivot point, a powerful bullish reversal sign; • The...
• TSLA is bouncing, trying to seek its next technical resistance levels. However, the bias is still bearish; • Since TSLA failed in breaking the support at $123, as we mentioned in our previous analysis, it couldn’t resume the bear trend, and this bear market rally will persist (the link to my previous analysis is below this post, as usual); • TSLA could reverse...
Hello 🐋 Based on the chart, the price is close to the channel support area and break out of the parallel channel has completed, and we expected the retest to be completed ✔️ if the price doesn't break the support zone to the downside and just complete the retest, we will see more gain, at least to our upper trend line 💣🚀 otherwise we can see more correction to...
Hello 🐋 as i mentioned, in my previous analysis, the price hit the target and now Based on the chart, the price is close to the green trend line and the support zone ✔️📖 we can see more gain 🚀🚀 otherwise we can see more correction to lower support level ❌🧨 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour)...
Gold: 1921.266 is my zone of interest for London open, I want to see if we bounce or break, if we break with confirmations ill look for short term sells, if we fake-out/close above, ill look to buy back to the top of the range with confirmation!
Hello Traders! Welcome back to another trade with Analyst Aadil1000x. Today we are going to set a buy limit in SNX at the key reversal area. SNX Buy Limit @ 2.569 Stoploss 2.521(-1.87%) Target 1, 2.643(+2.88%) Final Target 2.755(+7.24%) Don't forget to hit the like button and follow to stay connected
Price have been bearish and in response with the trend, I expect price to head back to it's resistance zone, and go bearish to 1.32260. We also have a bearish analysis which I will link to this that shows a bearish movement that we are expecting.
Hello traders! Welcome back to another trade with Analyst Aadil100x. Finally found the trendline that BTC was aiming for. I always say every move in the market has some kind of motive and once the motive is complete the strength will be over. The motive of this strong bullish move was to break this trendline. It was an expanding triangle and the market broke it...
Hello 🐋 Based on the chart, the price is close to the channel support area and break out of the parallel channel has completed, and we expected the retest to be completed ✔️ if the price doesn't break the support zone to the downside and just complete the retest, we will see more gain, at least to our upper trend line 💣🚀 otherwise we can see more correction to...
Hello, my dear friends and fellow traders. What we are going to look at today is the ABFRL stock. This analysis is based on weekly chart. This stock gains support level and breaks the previous resistance level and makes all-time high. There are opportunities to go upside because this support level has been carried the price once again to all-time high Thanks &...
Daily Timeframe Analysis: USD is finally retesting $126.269, a support area created back in May 2022. Ever since hitting all time highs of $151.946, USDJPY has been consolidating downwards within this massive descending channel making its way back to this strong support area. On 1/13/23, USDJPY hit a low of $127.460, bouncing right above the top of the major...
The weekly outlook is showing us what's to come and of course, many pullbacks to be added along the way - please share your thoughts on this analysis