Hello dear traders! In general, the cryptocurrency market is quite optimistic at the moment, the uptrend remains stable on the 4-hour chart. It is currently trading around $70,064, marking a gain of -2.16% on the day. From a technical perspective: EMA 34 and 89 provide a bullish bias, strengthening the case for the bulls at this time. Trend trading is always...
Cryptocurrencies slowed down after strong rally into wave 3 of an ongoing five-wave bullish impulse, so current sideways consolidation should be just a correction in wave 4. BTC dominance is actually still here and Bitcoin can be already progressing wave 5, but that's why ALTcoins are currently slower than BTC. However, looking at the TOTAL2 Crypto market cap,...
Hello traders! BTCUSD is experiencing a period of strong growth, with a new highest price of 72,129 USD, up 3.94% on the day. This shows more certainty on the part of buyers, especially as the price has surpassed the key resistance mark at $71,500, an area that has seen long-term indecision. Technical analysis supports the buy thesis provided that support at...
The Nifty is as seen on charts, have an unclear structure, the two demand zones might push the price higher for a new high. If the market continues to struggle here, the price will fall to the next demand zone
Hello traders, come discuss and strategize with me today! Overall, GBPUSD has undergone a significant correction (as shown on the 3M chart) with the price falling above the 1,450 level. It is currently trading at a new high of 1,257 after touching 1,038, marking a gain of nearly 27%. As RalphBenjamin mentioned in the analysis, GBP is currently in a correction...
Here is my latest structure analysis and important key levels to watch on Gold. Resistance 1: 2350 - 2357 area Resistance 2: 2390 - 2405 area Support 1: 2300 - 2305 area Support 2: 2250 - 2280 area Support 3: 2194 - 2222 area Support 4: 2145 - 2155 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Traders, In today's trading session, our attention is directed towards NZDCAD, where we're eyeing a potential selling opportunity around the 0.82700 zone. As NZDCAD charts a downtrend, it's currently amidst a correction phase, edging closer to the crucial support and resistance area at 0.82700. Adding depth to our analysis, it's essential to consider the...
Dear friends, at the beginning of the new week's trading session, the price of gold fell exactly as I expected and quickly bought back the decrease at this high level. The uptrend still seems clear on the 1-hour chart. You may wonder why the price has increased so sharply. Regarding international market information: -Expectations that the Federal Reserve...
Price rejected from the bottom of the Daily range with a lot of bullish momentum. As we scale down to the 4H, we can see price forming an inv H&S. A break/retest of the neckline and trendline would produce a very favorable long opportunity to the next swing high.
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.61 support and resistance area. Trade safe, Joe.
Traders, In today's trading session, our focus is keenly set on Gold (XAUUSD), where we're eyeing a potential buying opportunity around the 2295 zone. Currently, Gold finds itself in an uptrend but amidst a correction phase, drawing nearer to the critical support and resistance area at 2295. Despite the prevailing strength of the USD, it's imperative to...
ONG can continue to go up after the pullback 🔵Entry Zone 0.4022 - 0.4186 🔴SL 0.3671 🟢TP1 0.4537 🟢TP2 0.5648 🟢TP3 0.7305 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please...
The technical intricacies of NAUKRI (INFOEDGE) indicate a promising buying opportunity. This is a very good buying opportunity for such a fundamentally strong stock. Reasons are stated below : The 5015 levels experienced repeated testing before the price successfully breached them. Presently, the market is undergoing a reevaluation, with the price in the...
Uno Minda , a leading automotive components manufacturer, stands out as a compelling candidate for investors. Reasons are listed below : Multiple tests on the 600-630 levels followed by a breakout, now undergoing retesting, indicating a significant market shift. Identification of a bullish "morning star" on the daily timeframe and a bullish "hammer" on the...
MANA has broken above the minor resistance by bullish candles 🔵Entry Zone 0.6002 - 0.6172 🔴SL 0.5416 🟢TP1 0.6608 🟢TP2 0.7401 🟢TP3 0.8293 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our...
MATIC has broken above the Bearish channel, it can continue to go up if BTC stays above 70K 🔵Entry Zone 0.9233 - 0.9443 🔴SL 0.8286 🟢TP1 1.0077 🟢TP2 1.0818 🟢TP3 1.2867 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future...
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 -...
This is a 15min internal structure where liquidity has to be taken to fulfill the 4hour pullback. Price has just taken out inducement at 1.08233 and this has created a liquidity below the 1.08403 zone where I am looking to sell for a short term, clearing liquidity and expecting price to to drop to the 1.08147 or 1.08054 zone and create a confirmation entry....