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Since the end of October, the price of silver has been trading within a relatively tight consolidation range, fluctuating between $35 and $28.50. This range has now been tested multiple times on both ends, with the price touching the upper resistance and lower support levels twice, creating a well-defined horizontal structure in the market. During the most recent...

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Introduction Ethereum has been in a sustained downtrend over the past weeks, struggling to gain any real bullish traction. After a sharp decline last Sunday, the market remains under pressure, and although we’ve seen short-term attempts to recover, the broader trend still points downward. Technical indicators and price structure suggest this may not be over, with...

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Gold has been in a strong and sustained uptrend, showing impressive momentum with minimal pullbacks along the way. At the moment, Gold is forming a rising wedge pattern, which could indicate potential short-term downside price action. If we see a retracement from current levels, I’ll be watching closely for a long opportunity. A break below this rising wedge...

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In the past two days, Bitcoin has experienced an impressive surge in price, exploding from around 85k to over 94k, showing strong bullish momentum. This rapid movement has certainly caught the attention of many traders and investors. However, while the price action has broken through previous lower highs, signaling a potential shift in market sentiment, it's...

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In todays overview, we will discuss the price action of BTC and what we could expect in the short-term. What will we discuss? - Bitcoin approaching key resistance - Daily trendline break - But no higher high yet - Stochastic RSI overbought on the daily timeframe - Defining the daily range - Downside targets within the range - Final...

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Since February, the EUR/USD currency pair has been in a strong and sustained uptrend, signaling a significant shift in market sentiment. What began as a recovery from the 1.02 level has quickly turned into a strong bullish movement, with the pair already reaching as high as 1.15 in just a matter of two months. This impressive rally marks a clear change in...

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Introduction Candlesticks are one of the most popular and widely used tools in technical analysis. They offer a visual representation of price movements within a specific time period, providing valuable insights into market trends, sentiment, and potential future price movements. Understanding candlestick patterns is crucial for traders, as these formations can...

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The US Dollar Index (DXY) has been in a clearly defined downtrend over the recent period, showing consistent lower highs and lower lows. During its latest downward move, the DXY formed a 4-hour Fair Value Gap (FVG), which aligns with a significant gap in price action. This confluence of technical factors marks a strong rejection area, and from a trading...

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Introduction The USD/JPY pair has been in a clear daily downtrend, marked by a bearish market structure and strong downside momentum. Sellers remain firmly in control, consistently driving prices lower as the pair respects the prevailing trend. Each failed recovery attempt only reinforces the bearish structure, suggesting that the path of least resistance...

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Introduction In the world of technical analysis, momentum indicators are essential tools for understanding market sentiment and potential price movements. One such tool is the Stochastic RSI (Stoch RSI), a unique and highly sensitive variation of the traditional Relative Strength Index (RSI). While the standard RSI focuses on price, the Stoch RSI takes it a step...

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Yesterday, Bitcoin broke out of the descending trendline it had been respecting for several days, forming a clear double bottom in the process — a classic reversal pattern suggesting bullish intent. Since then, price action has shifted into a consolidation phase, hovering just beneath a key liquidity zone filled with stop-loss orders from prior short...

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The AUD/USD pair has been in a clear and consistent downtrend on both the 4-hour and daily timeframes. Sellers have maintained firm control over price action, driving the pair lower while it continues to respect the prevailing bearish market structure. Each failed bullish attempt further validates the dominance of the bears, reinforcing the narrative that the path...

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Over the last several trading sessions, Bitcoin (BTC) has experienced a notable pullback, retracing nearly 10% from its recent highs. This correction brought the price down below the previously established support level at $76.7K, a critical area that had previously acted as a base during prior consolidations. At first glance, this breakdown appeared to signal a...

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The S&P 500 has been dropping quickly after Trump's tariff policies were announced. It fell from 5750 to 4900, and is now at 5053, all in just a few days. This is a sharp decline, and sellers are clearly in control right now. However, after such a big drop, it's common to see a short-term bounce before the market continues to fall. There is strong resistance...

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Solana has been respecting its $120 support level for over a year, consistently bouncing back every time it tested this zone. However, the price is now once again hovering around this crucial level after a small bounce a couple of weeks ago. The key question remains: will Solana hold this support and rally again, or is a major breakdown coming? Weakening...

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The Nasdaq 100 has recently broken a critical rising trendline that has supported its bullish trajectory for an extended period. This break signifies a potential shift in market sentiment, suggesting that the prior uptrend may be losing steam. When an established trendline is breached, it often signals a change in the market's direction, indicating that buyers are...

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The Dow Jones Industrial Average is currently approaching a critical juncture, as it risks breaking below and staying under the neckline of a potential double top pattern. A double top formation is typically a bearish signal, indicating a potential trend reversal after the price tests a key resistance level twice, failing to break higher. The neckline, which forms...

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The S&P has been trading in a rising pattern for over 700 days, similar to the rising pattern observed in 2020 and 2021. In that instance, the price of the S&P broke below the support trendline and lost all SMA support, while also making a lower low. This has not occurred since the start of the current pattern. Could a deeper correction follow? Blue line = 50-day...