ChartSavant

ChartSavant

Symbol: #SXPUSDT Buy Trade 🚀 Entry Range: 0.355 - 0.406 Optimal Entry Point: 0.38 Targets: 0.4202 - 0.4255 - 0.43 - 0.48 - 0.55 - 0.65 - 0.75 - 0.85 - 0.95 Invalidation Price of Analysis: 0.34 Let's aim for the moon! 🌕🚀

ChartSavant Updated 

In the weekly timeframe, BTCUSDT has reached a key resistance level and is attempting to break above it to move higher. The convergence of the MACD indicator indicates buyer commitment. The fact that Bitcoin is still trading above $60,000 shows the strength of this trend. On the 4-hour timeframe, a triangular pattern has formed, and a breakout above this pattern...

ChartSavant Updated 

Today, gold managed to achieve a remarkable growth, breaking completely out of its downward trend. Important resistance for gold lies between 2084 - 2088, and I expect that with the market opening next week, it will start a corrective move from this range or slightly higher at 2092 - 2096. We have several reasons: Firstly, the downtrend line has been breached,...

ChartSavant

Based on the analysis done, we expect AUDIOUSDT to drop to 0.27 in the short term and then rise to 0.80 . . Notes: This signal is provided for educational purposes only and should not be considered as investment advice. Always do your own research and use a proper risk management strategy before making any trades. . . . AUDIOUSDT has the potential for a...

ChartSavant

Based on the analysis done, we expect GBPUSD to rise to 1.27100 in the short term and then fall to 1.25930. . . . . This signal is provided for educational purposes only and should not be considered as investment advice. Always do your own research and use a proper risk management strategy before making any trades. GBPUSD has the potential to rise to 1.27100,...

ChartSavant Updated 

Gold has been in a long-term downtrend on the 12-hour timeframe and has been attempting to break this trendline for almost 2 days now. Should it break the trendline, it faces a significant resistance range 2055 - 2062 We expect a reaction to this resistance after breaking the trendline, with a potential pullback to the broken trendline followed by its own upward...

ChartSavant

Gold is currently in a descending channel on the 1-day timeframe, having reached the ceiling of this channel! It previously had a broken uptrend that it collided with! It seems this range could serve as an energy point, initiating a downward movement with short-term targets of 2035 - 2028 and long-term targets of 2012 - 2000 - 1998!

ChartSavant Updated 

Gold is following a downward trend line in the 4-hour time frame and has formed a short-term ascending channel! Gold is currently at a very important resistance zone of 2035 - 2039. Here we have two possibilities: 1. Gold may fail to break above this resistance and continue its downward movement from this area. 2. Gold might break above this resistance with...

ChartSavant

Looking at the chart, we can see that the Dollar Index is approaching a very strong and significant support level, while Gold is facing a crucial resistance level and is below a descending trendline! We know that the Dollar Index and Gold have inverse trends! This means that as the Dollar Index goes down, we can expect Gold to rise, and vice versa! Now, what...

ChartSavant

EURUSD had a good uptrend which it has broken. We expect the price to move down towards the 1.074 area from its current level or slightly higher, near its resistance zone, before continuing its downward trend.

ChartSavant Updated 

Currently, gold is sitting on an important support level that, if broken, could lead to a return to its previous downtrend line, which was broken in the past. This support level is crucial and significant, and if it holds, gold could continue its upward trend until 2020, and even potentially reach its previous high of 2060. However, given the current situation,...

ChartSavant Updated 

Gold was able to rise up to 2052 after its downtrend and created an ascending channel in the 4-hour timeframe. It has now reached the ceiling of the channel. However, we have an important resistance for gold at 1948-1952. After encountering this resistance, we can expect gold to move down towards the bottom of the channel.

ChartSavant

The daily dollar index is currently on most important support levels. If it can move upward from this range, it may reach at least 104 once again or even fill the gap. However, if it loses this support, I expect it to fall to 101.5.

ChartSavant Updated 

BRENT can break its downtrend line and if break, we can enter a LONG trade with targets of 84, 88, and 90

ChartSavant

Silver's upward trend has broken in the 1-hour timeframe. We can wait for targets of 23,100 and 22,800.

ChartSavant

The dollar index has been in a downward trend for a long time and has reached its important support. There are two important resistances ahead that, in my opinion, it can break through and go up to fill its GAP.

ChartSavant

We are interested in CDGO (MoM) today and the one that may affect the price in the short to medium term is Initial Jobless Claims. For the latter, analysts are expecting an improvement in the indications from 231K to 225K. If the actual data released at 13:30 GMT is higher than expected, the correction may end and the pair will start to strengthen. If the data...

ChartSavant

Let’s review the previous update we had on TSLA (November ):