- Price might surpass the ALL-TIME HIGH of 69K - It is currently at a significant resistance zone, so caution and risk management should be exercised. - Expect a retracement and Retest of 46k. It's a good zone to buy if price dips.
Hello hodlers, hello traders, i used the same title back in 2020: And " searching the bottom " is finally over. My last update was like: " Third time this year, we try to get above 30k. Until proven otherwise, we are in a bear... " Dont get me wrong! It is possible & will be in the future... Even if we are in the bull now, we could see big retracements! I...
Traders, Let's analyze EUR/USD across various time frames: Weekly Chart: We identify three distinct zones, with the nearest around 1.09. Daily Chart: The closest upper chart rests at 1.08838, while the nearest lower one is at 1.07994. 1-Hour Chart: Our initial entry aligns with the daily pivot and a crucial Murray level. Additionally, we anticipate: A...
We got in to the accumulation zone and downtrend is broken upwards, at least, first level shown on the chart is most probably the target that the price will reach. Good luck! 😎🙌🏽❤️
NASDAQ:MRNA seems to have found its feet in wave 2. We should be now gearing up for wave 3, price action to get more promising upwards as we cross the diagonal resistance (red line). More on it: - iH&S shoulder also forming on weekly - While the monthly close of Jan wasn't promising, buyers stepped into Feb with a decent closure Disclaimer: This is not...
Price is contained around 2000-2500 range for more than 3 years now. It could have broken out earlier but the financials are not favourable for that to happen. Despite the negative quarters for SRF price is still holding its range — this hints that: market is waiting for positive news and any little positive can bring rush in price movement! Since Management...
BA on a daily chart is trading in the bottom portion of its intermediate-term trading range having incurred a series of adverse news catalysts, FAA investigation and loss of trader sentiment. It is now in the lower portion of the high volume area and below the POC line. There are multiple touches of a horizontal support before and after a big earnings...
Gold had an extremely strong price increase in the last session of the week. Buy signals were activated after the price broke the important confluence level of 2050, this break marked the end of the previous downtrend. Now that the initial target of the long position has been approached (around 2080), you should consider reducing risk by moving the SL and/or...
EURUSD remains bullish and on Friday we saw another pullback from 1.0800. This week we are watching for a break the resistances and heading towards 1.1000. By the end of the week, there will be important news that will have an impact. On Thursday the ECB will announce its interest rates and on Friday we expect NFP! We also expect the rise in EURJPY to continue.
It's almost crystal clear to see where AJ's ship is likely to steer! Higher Time Frame Analysis: Two short blue lines indicate the Daily SIBI that price already entered. We don't stop there .. price is yet to rebalance the entire balance which tells us that there's more room for higher prices. The Blue Box represents the left over area of the Daily...
Educational Analysis says XAUUSD may move in this range for some time according to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because Gold Made a lot of gains last year 2023, May is a time to push down a bit and there will be a lot of liquidity. So Waiting for the market to get...
After a crazy bullish rally last week, Bitcoin stopped growing and started to consolidate. A see a classic bullish accumulation pattern - an ascending triangle formation on a 4H time frame. We see a test of its neckline at the moment. I strongly believe that a bullish breakout - a 4H candle close above 64000, will trigger a bullish continuation. We may see...
BANK NIFTY gives breakout on daily timeframe with strong bullish candle, Rsi is show positive momentum.
market rejecting bearish trendline, price is currently retesting previous level of support, nice rejection on H1 looking to go bearish towards 1.65810
Central bank gold purchases have “surged to record levels” in recent years, as regulators seek to diversify reserves and reduce credit risk. China and Russia are leading gold purchases, while India, Türkiye and Brazil are also increasing bullion imports in large quantities. Citi Bank experts said: “The most likely path to $3,000/ounce of gold is the rapid...
ES has measured move AB=CD targets in the 5250 to 5425 and 6000 to 6150 areas.
Current Situation: Shiba Inu has entered an accumulation zone, indicating a period of consolidation where buyers and sellers are reaching an equilibrium. Despite facing resistance just above this zone, Shiba has managed to regain some of its strength. The price is currently hovering around its 10-day moving average, a key technical indicator. Potential...
Price has been growing in an ascending channel since price hit low @ $67.68 on December 13th, 2023. Fundamentals reported two weeks ago revealed that the Iraq refinery has been re-opened since its closure more than 10 years ago and that meant more supplies which fell the oil price from $78.69 to $75.73 The following week was met with USOIL demand where buyers...