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Bitcoin price surpassed the resistance line to open the door for expected visit to the descending channel’s resistance, and the price gets support by the exponential moving averages 50 and 100.
The next target at 4545.00, while breaking 3630.00 will push the price to decline again.
Bitcoin price retested the broken support of the symmetrical triangle’s pattern and still below it, to keep the bearish trend valid, and the price needs to consolidate below 3705.00 to continue the expected decline.
The expected targets begin at 3465.00 then 3000.00.
Rallying to surpass the descending channel’s resistance leads the price to achieve more expected rise in the coming period, expecting to head towards 1.1600 then 1.1700 levels.
The consolidation above 1.1440 will keep the bullish trend valid, and breaking it will push the price back to decline again.
The completion of the symmetrical triangle pattern pushed Bitcoin price for more decline and heads to continue the bearish trend inside the main descending channel, expecting to head towards 3000.00 areas mainly.
The negative pressure formed by the exponential moving averages 50 and 100 supports the expected decline,...
The index returns to rise after succeeding to achieve our recent negative targets, and it completed bullish pattern that pushes the index to achieve more expected gains, as we are waiting the next target at 25170, and surpassing this level will push to 26000.
The exponential moving averages 50 and 100 support the...
Failing to consolidate for long time above the descending channel’s resistance pushes the price to decline again, and 1.1440 level is broken to face more negative pressure.
The next target reaches 1.1180, while surpassing 1.1490 will lead the price to attempt to rise again.
Crude oil price surpassed key resistance levels, the last one is 50.25, to move upwards and achieves expected gains.
The next target at 55.34, while breaking 50.25 will put the price under the negative pressure again.
Gold price reaches our first target at 1300.00 now, and we expect the continuation of the bullish trend to reach 1317.00.
The consolidation above 1286.00 keeps the bullish trend valid, and breaking it will push the price to suffer potential losses on the short term basis.
Surpassing the descending channel’s resistance opens the door for a key turn to the short term trend, to head towards 1.1700 areas in the coming period.
The consolidation above 1.1495 is important to continue the expected bullish trend.
Expected trend: Bearish
The USDTRY pair started a bullish correction after placing 5.13 low, it stopped at 23.6% Fibonacci correction level, to rebound downwards again.
The last move inside an ascending channel is considered as a bearish flag that supports the chances of continuing the bearish trend on the short...
Litecoin price completed forming an inverted head and shoulders’ pattern that will push the price to achieve expected rises in the coming period, getting support by the exponential moving averages 50 and 100.
The next target located at 50.00 then 51.75, while breaking 36.90 will push the price to decline again.
Gold price achieved our positive targets and the price shows more rise to surpass 1286.85 level, indicating the continuation of the rise to visit 1300.00 as a next target.
More bullish bias is expected conditioned by the consolidation above 1260.00.
The pair confirmed breaking 111.40 to decline strongly, achieving 105.00 areas, and it is expected to head towards more decline that reaches 100.00 on the short term basis.
The EURUSD pair consolidated below the descending channel’s resistance, and declines to achieve our first target at 1.1340, waiting for more decline towards 1.1185.
Surpassing 1.1520 will stop the expected decline and push to turn to rise.
Litecoin price moves below the ascending channel, and it needs to surpass the support base formed by the exponential moving averages 50 and 100 at 30.00 to confirm the continuation of the bearish trend, and the next target at 20.00.
Surpassing 33.25 will stop the expected decline and push the price to achieve...
Ethereum price retested the breached neckline of the inverted head and shoulders’ pattern and the price rises again, and it needs to surpass 154.00 then 163.50 levels to confirm not facing a double top pattern that will press the price to turn to decline.
Surpassing the mentioned levels will lead the price towards...
Bitcoin price showed some decline but it’s still getting positive support by the exponential moving averages 50 and 100, noticing that there is an under-construction positive pattern.
Surpass 4150.00 will provide strong positive motive to achieve gains in the coming period and visit 5000.00 as a next target, while...
Ripple price surpassed 0.38 level strongly after completing an inverted head and shoulders’ patter, to rally towards achieving more expected gains.
The next target at 0.58, while breaking 0.40 will stop the current rise and put the price under the negative pressure again.