The SHIBUSDT market is heating up! I am currently watching every move on the 4-hour chart where a Head and Shoulders pattern is becoming clear. This could be the moment when things will explode in a direction that only those who are quick enough will be able to catch. When this pattern completes and breaks, a major bearish move will be triggered. Personally, I am...
NZDUSD broke and closed below a key daily horizontal support. With a high probability, it turned into resistance. We can anticipate a bearish movement from that. Next support - 0.599 ❤️Please, support my work with like, thank you!❤️
EURUSD continues to face downward pressure, with lower highs and lows. Currently, the price is experiencing a slight recovery from the support level of 1.09022, but it remains below the EMAs, indicating that the downtrend is still strong. If it fails to break through the resistance level of 1.09518, EURUSD could retest the support and move even lower. News on Fed...
XRPUSDT is currently in a clear downtrend on the 1-hour time frame. The price action is still confined within the downtrend channel, and the inability to break above the resistance at the EMA 34 (0.5319) and EMA 89 (0.5344) shows that the selling pressure is still very strong. Strategy: Investors can consider entering a sell order at the current price zone, with...
On the 1-hour chart, Binance Coin (BNBUSDT) is showing a sustained uptrend within an ascending channel. After testing the support at 568 USDT and bouncing, BNB is moving within a stable uptrend channel. If BNB remains within the ascending channel, a potential target would be 596.4 USDT, which is marked as the top of the channel. The bounce from the current...
The dollar has been in a strong recovery for the past two weeks, ever since the Fed decided to cut rates by 50 basis points in mid-September. This appears to be a classic “buy the rumor, sell the news” situation, as much of the dollar weakness earlier this year was driven by speculation that the Fed would cut rates. Now that they've finally done it, we’re seeing...
The price of BNBUSDT is currently in a clear downtrend, with a breakout from the important support zone around $565 - $570. This breakout is confirmed by the lower highs, marked by red arrows on the chart, indicating the weakness of the buyers and the dominance of selling pressure. The current price has retested the previous support zone and is likely to continue...
Bitcoin (BTCUSDT) is in a strong downtrend on the 3-hour chart, after failing to overcome the $64,000 resistance and the $64,500 high. With the current situation, the sellers are in control of the market, and the possibility of a further decline to $57,505 USDT is very high if BTC fails to overcome the 34 and 89 EMAs. What do you think about this view?
Today expected slightly gap down opening in nifty near 25000 level. After opening if nifty sustain above 25000 level then possible upside move upto 25250 level. Below 24950 level there will be strong downside fall possible upto 24700 level. Any major bullish rally only expected in case nifty starts trading and sustain above 25250 level.
BUY ABOVE - 25060 SL - 24970 TARGETS - 25120,25180,25230 SELL BELOW - 24970 SL - 25060 TARGETS - 24890,24800,24700 NO TRADE ZONE - 24970 to 25060 Previous Day High - 25280 Previous Day Low - 24970 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
USDJPY is in a strong uptrend, nearing the key resistance level at 149.588 (Fibonacci 0.618). If this level is broken, the price may continue its upward momentum towards targets like 150.416 and 151.755. However, if it fails to break through, a correction could pull the price back to the support area around 148.250. Decisions from the Fed and the Bank of Japan...
MANTRA has increased over 4900% this year alone - and one indicator called it early. When trying to look at upper targets during price discovery, the Fibonacci extension comes in useful. When trying to gauge potential bounce points, the trendline can be used as a basepoint for support. There's another hot altcoin on the block - TAO. Make sure you don't miss...
Currently, GBPUSD is moving around 1.305 at the beginning of the weekend trading session with the weakness continuing since the beginning of the week. Although there is a recovery, it is only short-term and is a trend correction. With a strong reversal from the EMA 34, 89, this currency pair is still heavily influenced by the technical selling sentiment. In the...
On the 2-hour chart, I see that ETHUSDT has just broken below the ascending channel, signaling a strong bearish possibility ahead. After failing to break above the key resistance zone around $2,456 - $2,480, the price action seems to be signaling that the sellers are still in control and the bearish pressure is increasing. From what I see, the current setup is...
On the 1-hour timeframe, Solana (SOLUSDT) is in a clear downtrend, with sellers in full control. This weakness was evident through the resistance at 145.00 USDT, followed by a strong bounce, confirming that selling pressure is dominant in the medium term. Currently, the price has clearly responded to the strong resistance at 141.00 USDT and the EMAs. The market...
This week, BlackRock will release its third-quarter earnings report, and there’s a lot of optimism in the air. Morgan Stanley expects BlackRock to beat analyst expectations, forecasting stronger-than-expected net flows. According to Morgan Stanley, net flows will likely accelerate 8.3% year-over-year on an organic basis, with their forecast being 420 basis points...
EURUSD is under significant downward pressure after breaking out of a rising wedge pattern and moving according to Elliott Wave theory. Currently, the price is testing a key resistance zone around 1.09674, which will determine whether the downward trend continues. If it fails to break through this level, EURUSD may drop further, potentially heading toward 1.09216...
Today will be slightly gap down expected in banknifty. After opening if banknifty starts trading below 51450 level then possible downside upto 51000 level in today's session. This downside can further extend in case banknifty gives breakdown of 50950 level. Upside rally expected if banknifty sustain above 51550 level in today's session.