Khiwe

Khiwe Updated 

Hello there, The BTCUSD moved higher from the low of 67,430, reaching the 69,123 resistance level. A drop below 68,336 could continue down to 63,464. Bitcoin's volatility is expected to decrease, with 50-60% crashes being more likely than the 80-90% crashes seen in previous bear market. Happy trading K. Disclaimer: Past performance is not necessarily...

Khiwe

Hello there, The USDZAR is ranging below the 19.26763 resistance area and seems to aim for the 17.57160 low. Only when the price makes a lower high below 17.19152 will there be a potential trend change. The market analysis suggests a bullish trend, despite the bearish price movement, indicating that the momentum is volatile and the bearish range is neutral. It...

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Hello there, DOGEUSDT is currently in a neutral position, as the price is forming a bearish candle. However, there are signs of a potential bullish reversal in the form of an inverse head and shoulders pattern. If the price breaks above the neckline of the inverse head and shoulders pattern, it could signal a bullish trend reversal and potentially lead to a rise...

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Hello there, The XRPUSDT price has been oscillating within a defined range, with a single daily candle exhibiting a bearish bias. This candle, which appears bearish on the RSI, also shows a bearish trend in the 2-hour time frame, potentially indicating a price drop to 0.5116. However, this projection is unclear. A closer examination of the quasi-modo demand zone...

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Hello there, ADAUSDT dropped to support area 0.4439 then went above the 36-DEMA formed a higher low above it and high above the previous high of 0.4536 and the current candle seems bullish above this previous high. I expect the price to go up to reach the 0.4800 supply area, where it will likely be rejected from that area, and then drop to 0.3836 with two price...

Khiwe Updated 

Hello there, XAUUSD dropped from its high of 2439.999 to a low of 2326.245 and bounced twice on that level, forming a support level against the opposite Elliot Wave 4 schematic, making a support zone above the opposite high in that level. Additionally, the price is currently at a level where it might go above the 36-DEMA, which is good at capturing highs and...

Khiwe

As long as the gold price trades below 2384.99, it is in a bearish trend. Gold has the potential to drop even further down to 2044.55 lows if it breaks through the current low of 2285.09. The RSI levels, 41.66 and 39.30, will signal the potential continuation of the bearish momentum below the yellow ema. Fundamental highlights: Gold Price: Gold is trading...

Khiwe

Hello there, TA predicts a potential decrease in the BTCUSDT weekly chart, but not without a bullish pulse. The price has the potential to fall to three price areas, stretching out a bearish outlook due to the sharp ABC rise to 71.877 high. The price will need to drop below the RSI levels of 52.96 and 48.10 to signal a downtrend. Happy Trading, K.

Khiwe

Hello there, Nifty couldn't break below 21341.40, suggesting a bullish sentiment; if the price goes below that level, then the trend will turn bearish. Currently, the overall price is stagnant over a support area with the potential to break above the 22392.90 high. The bias is 24828.05, with one potential target of 24336.55. Fundamental Point Summaries: ...

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Hello there GBPUSD has the potential to drop below 1.27121 for a bias of 1,26906 following the trend of the 4-hour time frame and daily chart. If the price goes above the 1.27285 then that will invalidate the setup. A mini trade idea relating the momentum of a one time frame against the momentum of a higher time frame. Happy Trading, K

Khiwe Updated 

Hello there, In XAUUSD, if the price breaks above the high then the price will be potentially bullish, and if it breaks below the low of the high then the price will be bearish. RSI values indicate more bullishness in the candle, but the argument is based on that the trend has been forming lower highs for that reason the price is neutral. Happy Trading, K.

Khiwe Updated 

Hello There, Technical Outlook: Crude oil prices have been locked in a tug-of-war around a critical support area, testing the 76.253 level twice in recent trading sessions. Despite the downward pressure, the commodity appears poised to make a push higher, according to RSI levels. The 77.082 - 76.253 zone has emerged as a key support area, and a higher low above...

Khiwe Updated 

Hello there, Technical Outlook: Silver prices have been hovering above the 29.982 mark, and need a close watch over the RSI for signs of a potential bullish trend. If the silver price manages to pull above the RSI moving average and surpass the 50 level, it could signal a proper bullish rise soon. The current market conditions have also challenged the Elliott...

Khiwe Updated 

Hello there, Mapping out BTCUSDT at H4, the price is anticipated to form a higher low from the trending low level of 61828.42 to move up to the 7K area and then drop for wave 4. Attention should be paid to the drop of that wave, as it appears to project lower than the 666.56 area and then complete wave 5, which will be the potential sixth wave of Wolfe 5. Happy...

Khiwe Updated 

Hi there, A bearish candlestick close below 169.510 could signal a bearish trend for EURJPY, and the price may fall onto the daily solid trend line. There is also an open demand area that may attract prices near the 168-167.936 areas. At the moment, the price might pulse up for potential entry points, but we are not considering that. Happy Trading, and have a...

Khiwe Updated 

Hello there, Above the 180.08 level, the SOLUSDT has the potential to increase up to 186.36 against the 176.83 area zone. The main price target is 186.36, extended to 187.51 for a bias of 191.06; Fibonacci levels are taken from the low of 174.44. Happy Trading K.

Khiwe Updated 

Hello there, XRPUSDT analysis shows that the current candle is interacting with the 0.5387 area, with its high pinning the LH(L) pattern. I've marked the L and H points with a vertical line, which extends over the RSI (Relative Strength Index). This (L) indicates that the price is bearish below the 59.07-RSI level. We're looking for a demand zone, where the...

Khiwe Updated 

Hello there, The BTCUSD price is likely to drop towards the support levels of 69244-68648 and then potentially reverse its direction, aiming for the price target of 71234. It's a high-risk setup due to unclear support and resistance levels. The current market trend is uncertain, with prices moving within a range. For the price to rise, it needs to break above...