I think we are not in a good situation right now, and we need to follow this trendline. Since the EMA 200 daily is under this trendline, it is very important. We could hope that if we lose the trendline, We might go down with a shadow, touch the EMA 200, and then go back above the trendline again. Meanwhile, 0.55 is still a good level to consider. Bullish...
Technical Analysis and Outlook: Bitcoin consistently reached our defined Mean Support of 67500, as outlined in the Bitcoin Daily Chart Analysis for the Week of June 7. Additionally, it surpassed this level, touching our Mean Support 65000. Upon completing the Inner Coin Dip 64500 and validating the end of the down movement, we anticipate a renewed Bull Stage...
PIVX - 1D I think PIVX is very underestimated these days, and we could have a very good opportunity in it. We had a good bounce from $0.2933, which is a strong support level where the price has previously found buyers. We are currently touching minor resistance at $0.3756, but the main resistance is at $0.4114. If we break this level and stabilize above it, we...
Inverse head & shoulders 1st cycle coin Log targets should be met Note the neckline has been approximated because of the price action but I think it is good enough for what we need from this chart.
PIVX - 4H Read the explanation for the one-day chart FIRST . I just included this time frame to have a better view: Bullish Scenario: If the price breaks above the $0.3793 resistance level with significant volume, it could rally towards $0.4143. A break above this level and stabilization could target $0.4703 and $0.5113. Continued bullish momentum could be...
(if we are lucky ofc) The network is pretty much unusable right now for regular people. A Rich man's chain. Either way the ENS chart presents a potential inverse head and shoulders that has a large log target reaching back to previous high's makes sense to me.
Hello Everyone, I want to share this amazing thesis that I found on the Bitcoin chart. Everything is on the chart but I want to clear some insights about this. First of all, all Bitcoin bullish cycles have two sub-cycles: pre and post-halving sub-cycles. I believe the bottom is NOT in yet but we are close to that and it will be clear before Dec 2022 and the...
HIFI - 4H Please read the 1D chart explanation first. Bullish Scenario: If the price breaks above the immediate resistance at 0.8310 and sustains above the 200 EMA, we could reach the 0.8943 level, which is the top of our triangle. A strong breakout can lead us to 1.30 later. Bearish Scenario: If the price fails to hold the ascending trendline and drops below...
Gold dropped from peak to 2,340 USD before Fed information After CPI rose to a three-day high past the $2,340/troy ounce mark, gold prices now appear to have digested that initial move and returned some gains amid a weaker dollar and Yields fell ahead of the FOMC event later in the session. The 2340 level is unlikely to hold before the FOMC. The 2352 resistance...
#BTC/USDT ANALYSIS Bitcoin is currently trading within the ascending triangle. The price hovers near a key upward trendline of the triangle indicating strong support. Bitcoin's current consolidation around the trendline and the cloud's edge suggests a crucial decision point, a breakout above this triangle would be a bullish signal, while a break below may lead...
CRYPTOCAP:DOGE daily timeframe. trendline breaks for next upside.
XRP coin moves like a stable coin so many news had passed but this coin is still silent ; I am seeing that it will go back to the Demand Zone before it rally but approaching the previous All Time High may takes time ; we will wait for a good progress in this coin before we can say that we can go a huge price hike in this coming bull run
HIFI - 1D After a rejection around 1.30, we moved down to 0.60. However, the good thing is we didn't make any new low. After that, the price got into a range box between 0.71 to 0.89 for almost 2 months. Volume has been relatively low, indicating that this area is no longer interesting for buyers or sellers. Right now, we are in the middle of the range box, and...
Ahead of this week’s RBA meeting, the Australian dollar exhibits a potential bearish scenario versus the US dollar, with the monthly and daily charts indicating further softness for the AUD/USD currency pair. 50-Day SMA Demands Attention Since September 2022, buyers and sellers have squared off between two converging lines on the monthly scale, a movement...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
It seems that CRYPTOCAP:SHIB can correct up to the specified range. The market has taken a corrective downward trend in recent days and there is no good reason for the market to become bullish. What it seems is that this time and price break is necessary for the market to continue its upward trend.
MRPL, after reaching a low, is now back on track. Following the reduction in windfall tax, it is poised to reach its previous levels. The stock is currently in an uptrend and is expected to surpass its previous high this week. Targets and support levels are indicated in the chart.
Hyperbolic formation indicating we are on the edge of the sword. Last time when Nifty saw this kind of Hyperbolic formation markets jumped from 22579 to 23338 and then market fell to 21821 and recovered to make an ATH high of 23490. Similar Hyperbolic formation is seen now indicating similar move on cards for Nifty. We are on edge of sorts where there is a feeling...