According to the weekly trend of Bitcoin, this currency is in an ascending channel that has moved from the bottom of the channel to the top and has broken the middle line of the channel and want to move to the top of this channel (about 100,000 $).This is a buying opportunity for buyers and Bitcoin will not return to these areas because there is a lot of money...
Today, gold fluctuated and recovered after testing near the 2319 position. It hit near the 2344 position and then stagnated again. Gold is currently trading near the 2335 position. At present, we can see that gold as a whole is weakly fluctuating in the 2345-2315 area. What I have given you today is the gold short trading strategy and signals, short gold in the...
According to the weekly trend of Bitcoin, this currency is in an ascending channel that has moved from the bottom of the channel to the top and has broken the middle line of the channel and want to move to the top of this channel (about 100,000 $).This is a buying opportunity for buyers and Bitcoin will not return to these areas because there is a lot of money...
Hi Guys. As always, heres a macro chart setup i've found to be a MUST WATCH, at the very least if not a potential long. Analysis done on 1 week, indicating a macro analysis. Alibaba (BABA), at current prices is roughly 75% from its blow off top in 2020. Around October- November 2022, we tested support at the historical bottom and bounced to test the Resistance...
A weekly close above the next lower-high swing at 206 per share would suggest more bull rally on #TESLA
OK, friends, Let's talk about ADAUSDT. It looks like it will break through the RED downtrend, if it is supported by the GREEN uptrend line below. If it doesn't break through, It can look for an rise from the orange downtrend below after accumulation once again.
GJ hit the highest high! She is starting to settle down and will retest the highest high and more than likely continue to be bullish. There is no real news for the rest of the day. As always I have marked both a Buy and Sell with a 40+ pip SL. Please follow your trading plan and adjust SL and risk accordingly. Good luck have a pipful day!
Trading Plan for Monday, April 29th, 2024 Market Sentiment: Bullish, following a multi-day rally. However, proceed with caution as a period of price discovery and more complex action is likely after the strong movement. Key Supports Immediate Supports: 5127 (major), 5117, 5102 (major), 5089 (major), 5082 Major Supports: 5068-72 (major), 5043 (major), 5034...
$NG1 PEPPERSTONE:NATGAS #NaturalGas is now testing a 33 years old wedge for a bit more than 12 times. Any close below 1.50 causes a free fall, however, there is a descending lower channel wedge extending since 2009 around 1$.
🕵️♂️ Let's delve into analyzing the popular forex pair USDCAD for the upcoming week! 🌟 In higher time frames, particularly weekly, the US dollar versus the Canadian dollar has been ranging between the price levels of 1.31811 and 1.38292 over the past 600 days. This indicates a logical fluctuation without any significant market-moving news. 🕯️ After reaching...
The euro is susceptible to fluctuations in energy prices, while the Canadian dollar stands to gain from them. Any developments concerning the conflicts in the Middle East or Ukraine, as well as increased tensions in these regions, could potentially lead to a bearish sentiment for EUR/CAD. However, I believe that the market's reaction to previous events, such as...
The focus of this week is the Federal Reserve's interest rate decision, and the market does not expect to raise interest rates this time. Judging from the current market trends, both gold and the US dollar have fallen into a correction stage after experiencing unilateral trends. This week's Federal Reserve decision will be an opportunity to start a new trend...
USDJPY is forming a move of the potential from resistance to support relative to 150.884. Which indicates the presence of a strong bull market. Earlier, the market formed a false breakdown in the moment of harsh statements of Japanese regulators. But, traders are still selling JPY on the background of strong dollar. Scenario: breakout of the resistance area...
UNIBOT broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 12.3 is possible.
Hello everyone, subscribers! Please share your personal opinions in the comments. Boosts and subscriptions are appreciated. Last week, there were releases of the March PCE inflation index in the United States and a rate decision by the Bank of Japan. During this process, there appeared to be a slight continuation of the dollar's strength, with the euro expected...
hello, friends! This is ESS team. It's XRPUSDT chart in 5D. If it keeps from the GREEN uptrend line's below, We're expect candles break through the RED long-term downtrend line. If it succeeds in breaking through, It'll reach the TOP green uptrend line. If it fails to break through the RED long-term downtrend line, It can go upside at an ORANGE uptrend line's...
Hi, guys. This is ESS team. Let's check ROSEUSDT. It's NOT breaking through the RED downtrend line and currently, falling down. If the candle starts to rebound on the GREEN channel, It will reach the green upward trend line's TOP, and If it doesn't break through the RED downward trend line, It will be able to look for rise near the bottom of the ORANGE...
Following a test of a daily horizontal resistance, the EURNZD currency pair created a descending triangle pattern on a 4-hour time frame. The next support level appears to be at 1.7909, which is likely to be the target for sellers. To enter a trade, one could look for a retest of the broken neckline of the triangle.