This is a suitable level for buyers to re-attack the resistance level of the $79 range. According to the studies done on the chart and the formed waves, the power is in the hands of the buyers and the possibility of the price crossing the level of $79 is very high. Therefore, according to the buying pressure, the price range of $77 can be a good entry point for...
Is the right opportunity to sell CADCHF medium term on the daily time frame? The price has reached an important level in the daily time frame. Selling pressure is shown in the chart. We expect the resumption of the downward price trend in the daily time frame.
At this level, the market must make a decision. There is a tough fight between buyers and sellers in this area. Currently, the power is in the hands of the buyers and the price increase is more likely. Serious demand at this level can raise the price of the dollar index again.
Currently, Bitcoin price has resumed its upward trend by forming a price floor in H1. If the buyers fail to break through the level around 52500 with this attack, there is a possibility that the price will fall to the next support level around 49500-50000. This level could be a suitable level to make a renewed attack for Bitcoin to cross the 52500...
Considering the formation formed at this level, we expect the price to decrease For an upward trend, the 2010 level must be broken with great intensity, which is still not visible on the chart. However, if this level is broken upwards, there is more serious supply in the 2030 price, in other words, the price target of the short-term buyers is 2030.
Demand at this level has raised the price It is expected to resume the upward trend. Of course, risk management should not be forgotten. Enjoy your transactions.
Breaking this level has become a bit difficult. Price increase at this level is expected. This analysis is done in a 1-hour time frame and its price target is proportional to this time frame.
The suitable range for selling the euro to the dollar is 1.0750 and above. If the price opens and closes above 1.080 and an increasing 1-hour candle is formed, it can be acknowledged that the downward trend has encountered problems, otherwise, insist on selling.
The continuation of the upward trend is conditional on the dominance of buyers over the price range between 17800 and 17850. Currently, selling pressure is observed in this area, and it has made it difficult to continue the upward trend Buyers are having trouble with this, so we go with sellers and prefer to sell. The price target is expected to be touched...
It has become difficult to continue the upward trend, the price decrease is expected in the 1-hour period. Any continuation of the uptrend will require buyers to overcome supply in the 4800-5000 range. which is a difficult task at the moment.
We expect an increasing trend in H1 The price is forming a H1 floor, most likely it will touch its price target in H1 TF.
An hourly price floor should be formed above 2.0555. If the price closes below this level, it will be difficult for the price to rise in this time frame. Of course, a temporary and corrective increase is possible, but it will be difficult to reach the price target of the upward trend.
As long as the price is below the 0.6530 level, we expect the price to decline. The desire to reduce the price is greater. For an uptrend, buyers need to conquer the 0.6530 to 0.6550 resistance range.
There are serious offers in the price range of 0.6090 to 0.6100 It causes the price to decrease in the time frame of 1 hour.
Buying pressure is observed at this level and there is no news of serious sales. Oil prices are expected to rise to at least $93 To start a bearish trend, oil prices must fall below the $61 level and trade below this level for at least one week.
Serious supply is evident in the range of 2035 to 2040 Price crossing this range requires a lot of buying, which is not yet visible on the price chart. Therefore, in case of a mild return of the price to the mentioned levels, selling is suggested.
The beginning of the downward trend to form a corrective wave has been formed Of course, there is a possibility that the downward trend will continue to form the H4 floor, which can be used as a short-term opportunity.
TVC:DXY It is expected that the dollar index will increase in H1. But the scenario of its reduction should also be considered.