This technical analysis is based on the daily chart of CKB/USDT on the Binance exchange. This analysis draws two price channels and evaluates support and resistance levels. Price Channel Analysis: The previous bearish channel is broken out, and a bullish channel is formed. The suggested entry point is around 0.015104 USDT. Entry and Exit Points: Entry:...
This technical analysis is based on the daily chart of BINANCE:ADAUSDT on the Binance exchange. This analysis draws two price channels and evaluates support and resistance levels. Price Channel Analysis: The previous bearish channel is broken out, and a bullish channel is formed. The suggested entry point is around 0.4518 USDT. Entry and Exit Points: ...
Even though it is risky we are looking for this ORDI bid here on the Daily Demand as ORDI comes closer to the possible entry. ORDI in exeption to the other coins has had it's break of structure and we think if ETH is going to turn, ORDI should be relatively strong but remember tomorrow is FOMC day and it is going to get volatile so manage your risk accordingly...
I have identified a strong bullish pattern on the 4-hour chart of CADJPY. The pair has formed an ascending triangle pattern and has broken above its horizontal neckline. This could signal a potential bullish move ahead. My targets for this trade are 114.96 and 115.51.
I think Apple will drop down next moths because of a double top that failed to reach a new ATH Arrival price can be near 140-150$
Investors will focus on updated economic projections from the central bank, which are expected to show fewer rate cuts than policymakers previously anticipated. Markets now see only one rate reduction from the Fed this year in light of stronger-Gold prices eased toward $2,310 an ounce on Wednesday, hovering close to one-month lows as caution prevailed ahead of key...
Stock seems to be following the Trendline settings since 1 year. Currently at Buy level again as per trendline. Lets see how well this plays. Expect at least 25% upside if the Trend still continues.
KUCOIN:BTCUSDT has been hovering around and below 70k+ levels for few months now and looks prime to make an upmove after breaking this zone. If we draw a trendline using the highest close values then we have got a marginal close above the trendline this week and today, #BTC is again trying to push past it. If it manages to convincingly breakout above this...
EURUSD is quoted lower by 0.04% at around 1.0756, making the euro softer against the US dollar but slightly higher against most other G10 currencies after the ECB released a draft discussion between Lagarde and several newspapers. The 50-day MA is trending upwards, crossing above the 200-day MA, forming a 'golden cross,' a positive signal for EUR/USD. According...
last night the BTC broke the area of validation.Breaking such a strong trend line indicates that the marker will be fallen to a nother demand.so we will able to buy at around first demand around area 67000 then we have to see the reaction around that area .If its a corrective one we will sell again in premium, if it rejects hard, we will buy btc at cheap...
USO on the 60 minute chart is currently in a broadening wedge and reflecting down off a reversal at the upper resistance trend line. The MACD lines have crossed over the histogram and are trending down showing moving average convergence. Price is between the mean and first upper band lines and moving down toward the former. Current factors at play...
Enty : 156.616 TP : 154.130 (1870 pts) SL : 157.330 (750 pts) TF : 4H RR : 1 : 3.48 Expire : June, 12nd 2024 (20:00 GMT+7) Warning : This analysis is not trading advice. Always do your own research and manage your financial risk
Strong confirmation of a short on the pound dollar. With valid structure and obvious test of value areas, strength's a bears run to the downside.
NYMEX:CL1! "To succeed...You need to find something to hold on to, something to motivate you, something to inspire you." -Tony Dorsett Family, Summer is officially here and I hope everyone is well and in gr8 spirits. Here I am going to give you a detailed narrative as to why I believe we can capitalize LONG on OIL this week juss above Daily Swing EQ Level and...
Ethereum lost an uptrend it has been in for >6.5 years back in July of this last year. That uptrend also forms the bottom of a rising wedge that has taken shape when drawing a trend from peak to peak over the years. Upon losing its uptrend, it briefly saw a pullback during Feb - March of this year, but then lost it again and has since bounced down from a...
And possibly below $10 after that? Most if not all Alt-tokens have returned to their 2017 lows with 95% to 98% corrections since 2021. Pick any token popular at that time: 1) DASH.. 95% correction with a return to $25 in 2023 as it was in 2017. Inflation adjusted, the price should be $19! A bucket of expired sardines in a Norwegian Fish-market has gained more...
Monitor URA for a breakdown below the lower boundary of its ascending trend channel. If the price breaks out of the trend channel downward, look for a subsequent bounce back to the $30 price range to test the resistance level. Upon confirmation of resistance at $30, consider entering a short trade using put options to capitalize on the expected downward movement....