Gold Update "5-12-2022" Gold has recently retraced the 61.8% Fib level. Currently, gold is trading in the 1797 range. If a breakout occurs, gold may rise to the resistance level of 1880. If the trend fails then price of gold could fall to 1770. Happy Trading
Bitcoin "Double Bottom" Bitcoin Update "5-12-2022" Bitcoin has recently encountered a pullback at the Support Level . Currently, Bitcoin is trading in the 17070 range. If a breakout occurs, Bitcoin may rise to the resistance level of 17400. If the trend fails then price of Bitcoin could fall to 16960. Happy Trading
Bitcoin Mining Gears Q4 Sale Skyrockets in Russia Bitcoin News Low costs for gear and power have also contributed to the dramatic growth. Revenue for the first nine months of the year is up 65 percent over the same period last year. Despite the volatile price of Bitcoin, a recent analysis by Kommersant shows that purchases of Bitcoin mining devices...
Edelweiss -> Waiting for Breakout ? Since the beginning of November, the stock has gained 24%. It is currently forming an Ascending Triangle Pattern. Based on the pattern scenario, we can expect the price to fall to the 62-60 level before continuing to rise. Currently price in the range of 67 Rs,If the pattern continues on the higher side, the price may rise to...
Is XAUUSD ready for a 1900 $ The above chart of XAUUSD laid out the rounding bottom.Currently, XAUUSD is in the range of $ 1800 If the pattern continues, the price of XAUUSD might reach the resistance levels of $1900, If the trend reverses, then the price of XAUUSD may fall to $1750 Happy Trading
XAUUSD " Wyckoff Trading Range" On an hourly time chart, the Wyckoff trading range and accumulation have been spotted. According to the Wyckoff theory, the price may hit the support level again to exit the odds from the current trend. Look at the above chart: "Secondary Test has been completed with Good Volume Spike." This is where many traders would exit...
Nifty Inverted "Head & Shoulder" On 15 Mins time chart, the Inverted Head and Shoulder have been spotted. According to the Inverted Head and Shoulder, the price may hit the support level 18550, If trend continues on lower side then price may fall to 18475 Happy Trading
Huobi Token Price Prediction 2022 — Will HT Hit $5 Soon? Huobi Token (HT) holds the 66th position on CoinGecko right now. HT price prediction 2022 is explained below with a daily time frame. The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and the lower...
Top 5 Crypto Gainers of Today The global market cap is $836.43B and it has increased to 2.03%. Fantom (FTM) is the top gainer from 24 hours. The crypto market facing a bearish market for the past few weeks the global market cap is falling from trillions to billions. The present global market trading with $836.43B and it has increased to...
Industower "Breakout Pick" Indus tower has been spotted "W" Pattern structure on Daily time frame "W" Pattern - Double Top and Double Bottom with an Average price action move - Selling Climax Zone The double bottom pattern always occurs after a major or minor downtrend in a specific security and signals a reversal and the start of a potential uptrend. ...
Bitcoin "Channel Trend" Buying Climax Hourly Time Frame Analysis Since the 21st of November, Bitcoin has traded in the Ascending Channel Pattern range, and on the 25th of November, Bitcoin breached the Channel Trend Resistance with average volume, which should have improved exit odds and caused the price to begin consolidating in the range of 16385 $ to 16685...
APEUSDT Current Market Status APEUSDT Price Prediction 2022 Descending Channel also known as the falling channel . A descending channel is formed by two parallel trendlines . The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market. Currently,...
Oasis Network (ROSE) Price Prediction 2022 Oasis Network (ROSE) holds the 129th position on CoinGecko right now. ROSE price prediction 2022 is explained below with a daily time frame. The above chart of ROSE laid out an ascending channel pattern, also known as the rising channel. The upper and lower trend lines that connect the higher highs and higher lows...
Hello Traders ! The above analysis was done on a "Monthly" basis, the holding period may take a few weeks or months to reach the targets. Trade Setup and Analysis : In monthly time, we can see an ascending triangle pattern on the above chart, as well as a Cup and Handle structure, which I have highlighted in the image below; both patterns were bullish in...
Bitcoin "Channel" Breakout Analysis The above chart of Bitcoin laid out the Horizontal channel pattern. Horizontal channel pattern also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, line which connects...
Verasity (VRA) Price Prediction 2022 Verasity (VRA) holds the 500th position on CoinGecko right now. VRA price prediction 2022 is explained below with a daily time frame. The above chart of Verasity (VRA) laid out a Falling Wedge .In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows...
OKB (OKB) Price Prediction 2022 OKB (OKB) holds the 15th position on CoinGecko right now. OKB price prediction 2022 is explained below with a daily time frame. The above chart of OKB (OKB) laid out an ascending channel pattern, also known as the rising channel. The upper and lower trend lines that connect the higher highs and higher lows respectively appear to...
Algorand (ALGO) Price Prediction Algorand (ALGO) holds the 30th position on CoinGecko right now. ALGO price prediction 2022 is explained below with a daily time frame. The falling wedge is a bullish pattern . Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. The falling wedge pattern...