The DXY (Dollar Index) recently experienced a false breakout below the daily support level. However, the price quickly reversed and re-entered the support area, signaling a potential accumulation of buying pressure. As a result, there has been a retracement back towards the buying zone. Anticipating a bullish scenario, we expect the DXY to rally upwards, targeting...
Disney has formed a bullish triangle pattern indicating a potential upward rally, with a clear confirmation of a breakout. The pattern is supported by a consistent and robust level at the bottom, where strong buying activity occurs whenever the price revisits this zone.
After consolidating for a period, PEPE's price has now broken below the support level. This breach suggests that there could be additional downward momentum in the near future, potentially leading towards the next support level. Additionally, on the 4-hour timeframe, there is a prominent double tops pattern observed over a strong resistance area. This pattern...
After confirming a bearish breakout on the trend line in both the hourly and daily timeframes, it's evident that a bearish price momentum has taken control. Furthermore, the recent price action has provided a strong confirmation of a bearish breakout on the support of a bearish flag that formed following a period of sideways movement. As a result, we anticipate...
Ethereum is moving on a bearish trend followed by a recent impulsive wave. Here we expect a revisit back towards the highlighted support zone.
The AUDUSD pair is currently exhibiting a bearish trend on the hourly timeframe. There are indications that it might retrace back to the bottom trend line, where it could find support and potentially trigger a price bounce towards the resistance area.
On the hourly timeframe, AUDCAD is displaying a bullish trend. The price has recently retraced towards the trend line, where it has found support through favorable price action. As a result, we anticipate the currency pair to rebound upwards, heading towards its most recent swing high.
Currently, on the daily timeframe, BNB exhibits an ascending triangle pattern. The market participants are awaiting confirmation of a potential breakout to determine the coin's next likely direction. The expectation is for a bearish breakout to occur, but in the event that BNB surpasses the resistance level, a bullish trend towards higher prices is anticipated....
AVAX confirmed a bearish breakout on the recent impulsive retracement formed. Here we expect a possible downward shift to retest the swing lows formed close or below $11
The NAS100 is currently experiencing a notable selling pressure on the hourly timeframe, indicating a potential reversal towards the previously established resistance level.
The US30 index is facing rejection at the daily resistance level that has been established. A false breakout occurred as the price briefly moved above the resistance, but it has since retreated back within the resistance zone, indicating a potential dip. This suggests a potential retracement within the ongoing bullish trend.
TSLA is currently exhibiting a prominent expanding channel on the weekly timeframe. The price is nearing the weekly resistance, which also coincides with the upper boundary of the expanding channel. At this juncture, two scenarios are possible. Firstly, if the price adheres to the resistance level and the upper boundary, we can anticipate a downward movement,...
NVDA is currently exhibiting a bullish channel pattern, indicating a potential reversal towards the lower boundary. If the price indeed follows this anticipated reversal and reaches the lower boundary, there is a possibility of another bounce to retest the swing high on the daily timeframe.
DISHTV exhibited a notable bullish candlestick, concluding the day at a crucial daily resistance level. Provided the forthcoming days sustain and reinforce this robust bullish sentiment, it is likely that the ongoing surge will persist, propelling the stock's value higher towards the nearby daily swing point near 22.
The recent price movement of #YESBANK indicated a bullish breakout followed by a pullback near a significant level. It is anticipated that the price will rebound from the highlighted key level, potentially leading to a revisit of the daily resistance established between the 17-19 level.
RPOWER has established an expanding channel, currently undergoing testing at the lower boundary. This presents a potential opportunity for a future buyback. We anticipate a price rebound towards the recent swing high observed on the daily timeframe.
XMR has recently experienced a bearish breakout from the distribution zone established on the hourly timeframe. Following the breakout, there was a subsequent pullback, suggesting a potential continuation of the bearish trend toward the indicated key zone.
BNB has experienced a bullish breakout from the accumulation zone formed at the bottom under the hourly timeframe. This breakout has generated a positive sentiment in the crypto space, suggesting potential future bullishness. As a result, it is likely that BNB will continue its upward trajectory, surpassing the $300 mark in the near future.