Hello dear traders! ETHUSDT continues to trade in a short-term bearish trend. Overall, ETHUSDT is showing bearish signals as the downtrend channel remains intact, with highs and lows gradually forming. In the short term, the bearish outlook remains intact as long as the bearish channel's limited resistance is not breached, we will see further downturns in the...
Hello dear friends! Please discuss with me! BTCUSDT is currently showing signs of recovery after a string of sharp declines, currently trading at around $66,500, up 1.38% on the day. However, there remains some uncertainty as to whether the uptrend can reestablish, as the price has yet to break above the resistance at $67,600. Overall, the previous downtrend is...
Hi everyone, Hope you all had a great weekend. After SHIB broke above the monthly indicator, price skyrocketed to 0.00004575. Now, we're seeing a weekly crossing the monthly which indicates a strong acceleration in price to the upside. Current price target is $0.00003275 and second price target is $0.00004998. The daily is acting as support as this manifests. As...
#IDUSDT #Analysis #Eddy This analysis is based on the combination of PA, RTM, ICT, DL2+3 & Wyckoff Analytical Styles. (( In general, most altcoins have a similar structure and can grow by more than 50 and 100 percent. )) I specified the sniper entry points for you ;-) » Do not forget to receive confirmation » Don't forget risk and capital management ⚠️...
Hello wonderful friends of Ralph Benjamin! Overall, gold prices have recovered strongly, opening at $2,361 per ounce - up $17 from last week's closing price. This rise continues on the basis of high interest in gold as a hedge asset. Amid geopolitical and economic issues, gold could theoretically continue to grow. The technical chart shows that gold remains...
Attention Traders, In today's trading session, our focus is on XAUUSD, where we're eyeing a potential buying opportunity around the 2330 zone. Gold maintains its upward trajectory, currently undergoing a correction phase as it nears the crucial support and resistance area at 2330. Expanding on our analysis, it's essential to recognize gold's status as a...
Hey Traders, in today's trading session we are monitoring CADCHF for a selling opportunity around 0.66600 zone, CADCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.66600 support and resistance area. Trade safe, Joe.
Once again Bitcoin is Re-Testing my Multi-Year TrendLine as support. The last 3 daily candles each have a wick poking down at it. Will it hold? So far it has but with each passing day and retest, the chance grow less and less likely. As long as we remain above it, I am long. A drop below would have me taking risk off and waiting for a better price below somewhere.
💹 Let's review our previous analysis and update this chart, taking a look at this currency pair for trading in the futures. 💡 In higher timeframes and on the weekly chart, we are approaching a weekly resistance. The last encounter with this resistance was almost 200 days ago, and now we're back to it. Currently, we have a bearish chart in higher timeframes. 🕰️...
One more pair that looks very bearish to me after news is NZDUSD. I see a confirmed bearish breakout of a support line of a horizontal trading range on an hourly time frame. I think that a bearish trend on the pair will continue. Initial target 0.59 ❤️Please, support my work with like, thank you!❤️
Looks like the Retail Sales data may strengthen US Dollar today. As a confirmation, I see a very bearish price action pattern on EURUSD: bearish breakout of a rising wedge pattern in a bearish trend. I will expect a bearish movement at least to 1.063 ❤️Please, support my work with like, thank you!❤️
TRU after reaching the trendline has the possibility to go down 🔵Entry Zone 0.14100 - 0.13467 🔴SL 0.15428 🟢TP1 0.12661 🟢TP2 0.11411 🟢TP3 0.09343 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...
Hello Bitcoin traders! BTCUSD is forming a correction from the highs since reaching the $74,050 mark. But! At the same time, an ascending triangle is forming, which theoretically should see the price break the resistance at $72,750 and grow further. It is worth noting that the mentioned support around the $65,500 and $65,000 areas could be followed by a...
Traders, In today's trading session, our focus is squarely on GBPUSD, where we're eyeing a potential selling opportunity around the 1.25100 zone. GBPUSD recently breached a significant support area and is currently in a correction phase, with the price approaching the retrace zone at 1.25100. Adding depth to our analysis, let's delve into the fundamental...
Traders, In today's trading session, our sights are set on USDJPY, where we anticipate a potential buying opportunity around the 153.500 zone. USDJPY remains entrenched in an uptrend, presently undergoing a correction phase as it nears the pivotal support and resistance area at 153.500. Diving deeper into our analysis, let's explore the fundamental landscape...
Today, the SOL/USDT pair continues on its bearish path, with strong support from bearish investors. Specifically, the sell signal is reinforced when both EMA 34 and 89 show that the downtrend is not weakening. In addition, the downward trend in price is further confirmed by the fact that the price channel continues to narrow without facing any opposition. This...
Gold breached 2365 and gave us an indication to show that it wants to buy to the 2430 area. This was followed by solid correction to well below the 2365 area, however creating a HL (that area of support at 2330 was not touched, so it held). Price appears to have concluded that correction, and a break above the 2365 in session, should give us the confirmation that...
Hello dear friends! In general, last week gold experienced quite strong fluctuations affecting gold and currency pairs. Let's discuss and strategize for the new day with me. From now until the end of the week, there will basically not be as much important information as last week. From the 1-day chart, it can be seen that at the close of the candle last Friday...