DOT is trading within a tight range after bouncing off the psychological level of 40 earlier in the week. On Wednesday, the altcoin has been on a rebound for two consecutive sessions. Subsequently, it hit an intraday high of 45.53 on Thursday before pulling back. On a three-hour chart, it is trading above the 25 and 50-day exponential moving averages.
After soaring to its highest level in more than a month on Monday, DOGE has reversed most of the week’s gains. The altcoin has dropped by over 10% to find support at October’s crucial level of 0.2400. On a two-hour chart, it is trading along with the 25-day EMA and slightly above the 50-day EMA.
In the near term, I expect the altcoin to continue finding support...
Bitcoin Cash is holding steady above the support level of 600 as the bulls strive to retest the weekend’s high of 650. Since the beginning of the month, it has risen by about 22% having extended its rebound from below the psychological level of 500 late in September.
On a four-hour chart, it is trading slightly above the 25 and 50-day exponential moving averages....
The four-hour chart shows that the VeChain price has been moving sideways recently. Along the way, the coin has formed an inverted head and shoulders pattern. The price is also consolidating at the 25-day and 50-day moving averages. It is also at the right shoulder.
Therefore, while it is too early to tell, the price will likely break out higher in the near...
Carried forward from last week, USD has been performing well, certainly favouring bulls, especially after shaking off the NFP figures from last week.
New highs ideally required, indicated with the arrows and annotations. A break and subsequent retest of 94.450 would be great.
CAD gains have been insane during recent trade, WTI extending higher and breaking that $80/B price.
Corrections due soon I imagine, looking for resistance/support/exhaustion. USDCAD could then warrant a bounce from support as indicated.
AUDJPY is trending to the upside prior to the JPY Retail Trade data, which captures the aggregate sales made through a business location (usually a store) in which the principal activity is the sale of merchandise and related services to the general public, for household or personal consumption. Technically the pair is holding the support trendline and technical...
The daily chart shows the AAVE token has dropped out of a rising trend channel. The lower edge of the pattern, which previously acted as support, is now the first resistance level at $322. Furthermore, the 100-day moving average at $321.75 reinforces the trend line. This was evident last week when Aave tried to recover the uptrend but was swiftly rejected.
The daily chart highlights two clear trend lines. The longer-term downtrend is currently visible at $13.50 and is the first line of resistance. Successful clearance of this trend would constitute a bullish breakout and potentially target the may high of $22.52, around 75% above the last price.
The second trend line sits below the market at $9.93.As long as the...
Holding above 35951 is bullish and breaking out of 36503 will setup this coin up for a rally till 40604 technically , however , it would be best to aim for 39130
Best entry: 35951
Gets invalidated with a drop below. expected targets are possible only with a breakout above 36503
ENTRY, TAKE PROFIT, STOP LOSS
THIS IS MY ANALYSIS LOOK AT MY RECENT BTC FUTURES ONE
IVE BEEN WORKING HARD ON TECHNICAL ANALYSIS AND
IVE BEEN ON POINT THE LAST 3 MONTHS,
Trade at your own discretion i am not responsible for no losses
these are my trades and my opinions.
I am a profitable trader and investor.
these are my strategies and views on the...
The USDCAD has been discounted nicely, price violated the sellers on Tuesday by breaking above Monday's high.
This was a buy signal, we have seen a correction, consolidation, and a strong reversal (manipulation/stops hunt) without breaking below the previous Daily low.
We are buying above: 1.2607
Stop: below 1.2580
Target above Momentum High 1.2653
-Great potential with the recent Amazon partnership
-Overvalue by 436%
-Honestly, don't think it will get to anything close to its fair value any soon but lets at least try to find a good support first, deal, affirm?
-Currently keeping the target at $84
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
TLM has done the retest. Expecting a good rally of up to 50%.
Take entry from $0.2917 to $0.3109
We are going to accumulate this coin so use 2x to 5x leverage.
Targets will be:
Stop Loss: $0.2439
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this...