The AUDUSD pair is currently exhibiting a bearish trend on the hourly timeframe. There are indications that it might retrace back to the bottom trend line, where it could find support and potentially trigger a price bounce towards the resistance area.
On the hourly timeframe, AUDCAD is displaying a bullish trend. The price has recently retraced towards the trend line, where it has found support through favorable price action. As a result, we anticipate the currency pair to rebound upwards, heading towards its most recent swing high.
Currently, on the daily timeframe, BNB exhibits an ascending triangle pattern. The market participants are awaiting confirmation of a potential breakout to determine the coin's next likely direction. The expectation is for a bearish breakout to occur, but in the event that BNB surpasses the resistance level, a bullish trend towards higher prices is anticipated....
AVAX confirmed a bearish breakout on the recent impulsive retracement formed. Here we expect a possible downward shift to retest the swing lows formed close or below $11
The NAS100 is currently experiencing a notable selling pressure on the hourly timeframe, indicating a potential reversal towards the previously established resistance level.
The US30 index is facing rejection at the daily resistance level that has been established. A false breakout occurred as the price briefly moved above the resistance, but it has since retreated back within the resistance zone, indicating a potential dip. This suggests a potential retracement within the ongoing bullish trend.
TSLA is currently exhibiting a prominent expanding channel on the weekly timeframe. The price is nearing the weekly resistance, which also coincides with the upper boundary of the expanding channel. At this juncture, two scenarios are possible. Firstly, if the price adheres to the resistance level and the upper boundary, we can anticipate a downward movement,...
NVDA is currently exhibiting a bullish channel pattern, indicating a potential reversal towards the lower boundary. If the price indeed follows this anticipated reversal and reaches the lower boundary, there is a possibility of another bounce to retest the swing high on the daily timeframe.
DISHTV exhibited a notable bullish candlestick, concluding the day at a crucial daily resistance level. Provided the forthcoming days sustain and reinforce this robust bullish sentiment, it is likely that the ongoing surge will persist, propelling the stock's value higher towards the nearby daily swing point near 22.
The recent price movement of #YESBANK indicated a bullish breakout followed by a pullback near a significant level. It is anticipated that the price will rebound from the highlighted key level, potentially leading to a revisit of the daily resistance established between the 17-19 level.
RPOWER has established an expanding channel, currently undergoing testing at the lower boundary. This presents a potential opportunity for a future buyback. We anticipate a price rebound towards the recent swing high observed on the daily timeframe.
ZOMATO has encountered a significant daily resistance level following a recent breakout from a bullish pennant pattern. The price action indicates a notable rejection, as the highlighted resistance level is being respected. In the 84-87 region, there has been substantial selling pressure, resulting in a significant price drop. The historical price movement...
XMR has recently experienced a bearish breakout from the distribution zone established on the hourly timeframe. Following the breakout, there was a subsequent pullback, suggesting a potential continuation of the bearish trend toward the indicated key zone.
ASPI is currently experiencing a bullish breakout from a triangle pattern, indicating a strong upward trend. A daily resistance level near 11500 has been identified, suggesting a possibility of a return to the highlighted zone. The prevailing market sentiment supports the continuation of the bullish trend, making it likely to reach the anticipated target effortlessly.
BNB has experienced a bullish breakout from the accumulation zone formed at the bottom under the hourly timeframe. This breakout has generated a positive sentiment in the crypto space, suggesting potential future bullishness. As a result, it is likely that BNB will continue its upward trajectory, surpassing the $300 mark in the near future.
Bitcoin has recently experienced a bullish breakout on both the hourly and daily timeframes, successfully surpassing a resistance level and forming a bullish flag pattern. This development indicates that the price of Bitcoin is likely to continue its upward momentum, albeit after a slight pullback to gather more buying interest before resuming the rally. The...
According to the daily timeframe, BNB has recently formed a bear flag pattern following a breakout. This breakout is significant as it suggests a potential upcoming sell-off. Based on this analysis, it is anticipated that Binance Coin prices may experience a decline of around 15-20%, leading to a retest of the support level at $195.
INFY is currently experiencing a bearish trend on the weekly timeframe. Following a significant decline in price, there has been a bearish breakout below a key support level. The price has retraced back to this broken support level, indicating a potential continuation of the downward movement. The next support level is anticipated to be around 1100, further...