BINANCE:NOTUSDT looks strong both fundamentally and technically, but the hourly timeframe is forming the preconditions for a “Dump” of the coin before a possible further rise. Since the opening (not counting the listing day), the coin has strengthened quite strongly without much pullbacks, which has created a rather large imbalance. In addition, there is a...
It sounds like you're observing a bullish trend in the BTCUSDT (Bitcoin to USDT) trading pair, with Bitcoin gaining momentum and potentially breaking out from a price of 69,456.00 USDT to target levels around 72,000.00 to 73,000.00 USDT. Here are some key points to consider: Technical Analysis Support and Resistance Levels: Identify major support and resistance...
Today, the United States released the latest non-farm data. Latest news: U.S. Bureau of Labor Statistics: March non-farm payrolls were revised down from 315,000 to 310,000; April non-farm payrolls were revised down from 175,000 to 165,000. After these revisions, the total number of new jobs in March and April decreased by 15,000 compared with the pre-revision...
Traders! USD/CAD is rising against the upper boundary of the large symmetrical triangle price pattern, there is a risk of a breakout to the upside as the NFP fundamentals are quite good so we believe the price will create a bullish wave . But overall on the USDCAD chart, although the uptrend is still well supported, there are signs of a potential top at 1.3786. I...
Dear traders! EURUSD is trading on a clear uptrend on the 4-hour chart although the upside momentum is showing clear downside. I expect the horizontal support and trend channel cap to be retested soon to accumulate bullish momentum before resuming growth with a target to retest the 34.89 EMA i.e. 1.0850
After yesterday's sell-off I started to wonder what would happen if BTC would fall again and how the price action would look like. If BTC were to go down again I'd look for a retest of the 61k-60k area (purple dotted line). This area has proven to offer strong support, and can be a stepping stone for an inverse head & shoulders pattern. Keep in mind that BTC...
Bitcoin once again started to react strongly after entering the Resistance zone($73,800_$71,900) . Although it tried to break this zone😊. According to the Elliott wave theory , Bitcoin seems to have succeeded in completing the Main wave 5 . In the chart, we can also see the Sell signal between 50_SMA(Daily) and 100_SMA(Daily) (it is a Bearish sign...
Dear traders! USD/JPY jumped more than half a percent within minutes after the release of US Nonfarm Payrolls (NFP) data on Friday and edged higher to 156.35 after the US Dollar (USD) ) was strong thanks to better-than-expected results, showing that investors' sentiment is very positive. By maintaining this high level, Conan optimistically assesses that in the...
If u copy the price range #1 and add it to the high of 2008 We get a log price #2 This could be useful to have some insight to where #GME could possibly go if things go crazy! And it not only challenged it's ATH but goes on into blue sky territory. This is also extremely bullish for #crypto and #shitcoins Wild Degeneracy breeds FoMO and creates giant green...
#btc #bitcoin dominance has bounced after leaving the channel. Now, #btcd performing a bearish retest. If reclaims the channel BTC.d may rise. But, in my previous posts, i have said BTCD chart has an important bearish divergence (now as seen on the chart with red lines). Thus, if bearish retest succeeds, BTCD declines here and fails to enter channel, money will...
It sounds like you're analyzing the BNB/USDT pair and noting that it has reached an all-time high, continuing to rise with strong momentum. The breakout and close above a significant range suggest a bullish trend, and you're aiming for a target around $730.00. Here’s a structured approach to evaluate this scenario: Technical Analysis Trend Analysis: Confirm the...
🔍MATIC (Polygon) is approaching a critical support level. Here's an in-depth analysis to guide your trading decisions. 📆Coin of the Day: MATIC (Polygon) About the Project MATIC is a layer-2 scaling solution for Ethereum, known for its low transaction fees and extensive use in the DeFi space. 🧩Technical Analysis 4-Hour Timeframe This analysis focuses on futures...
hello everyone! the blue area for BINANCE:NOTUSDT IS SO CRUCIAL! so if the blue area breaks down the price will go until 0.0133 and then 0.0073 maybe! but so far there is no evidence for the short position! ______________________ I prefer OKX:TONUSDT right now, why? TON Coin (The Open Network Coin) and NOT Coin are distinct entities with no direct...
Hello traders, 🟢NOTCOIN has developed a descending triangle pattern on the 4-hour chart. The neckline of the pattern is defined by a strong horizontal support level. On Friday, the price broke below this level and closed below it. I anticipate that the market will soon trend lower. Targets for this movement are set at 0.01588 and 0.01293.
I finally reset my thoughts last night. And today I took a short position. Let's see what will be the result of last night's reset???
Bitcoin can climb from the current point to targets 1 and 2, and from there it must decide whether to break the ceiling or go down to 61,000.
Spot gold was sold off in large quantities due to the negative impact of non-agricultural data, reaching a low of $2,303. The rising structure of gold has been destroyed, showing a clear weak pattern, and it is expected to continue to be under pressure and fall. Therefore, it is recommended to pay attention to the support level of the $2,303-2,300 area. If the...
Here is our detailed technical review for US100. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 19,056.1. Taking into consideration the structure & trend analysis, I believe that the market will reach 18,811.5 level soon. P.S Please, note that an...