I find it hard to be bullish on bitcoin when volume has been so low for so long. If volume continues to mean something like it always used to, it's likely that prices will go lower, before they climb again to newer highs.
Following a breakout of an important daily horizontal level, GBPAUD is currently consolidating within a horizontal range on a 4-hour timeframe. Traders seeking a short-term selling opportunity should watch for a bearish break of the range's support, with a 4-hour candle closing below 1.890 providing a strong confirmation for a bearish trend. In this scenario,...
Hello Traders ! On Thursday 16 May, The GOLD Price Reached a Strong Resistance Level (2399.695 - 2431.590). Let's Expect The Bearish Scenario: if The Market Breaks and Closes Below The Higher Low (2371.010 - 2378.610) We Will See a Huge Bearish Move📉 ------------- TARGET: 2304.000🎯
Trade Update: GBP/USD We have some great news on our recent GBP/USD trade! 💲 After analyzing the market conditions and identifying a solid setup, our trade has successfully Hit Take Profit 1 (TP1). This made sure that the majority of our positions have been secured and cashed out some of our gains, allowing us to lock in profits and reduce risk. Following this,...
Detailed Analysis of #SAGAUSDT Time Frame: 10 Hours (10H) Overview SAGA/USDT has recently broken out of a falling wedge pattern, which is a bullish reversal pattern. This breakout indicates the potential for a substantial price increase, with an expected bullish move of up to 60% in the coming days. Key Technical Elements Falling Wedge Pattern: The falling wedge...
Hey everyone hope you are having an amazing weekend so far! I wanted to get on here and make another post for you guys for a potential trade I see for the coming week. I have a super busy weekend so while I have a little time wanted to post on this potential setup! So LETS DIVE IN! OK so what I am looking at here is NZDUSD. And I am going to keep this breakdown...
Gold closed this week, testing a resistance cluster based on the all-time high. Because the trend is strongly bullish, probabilities will be high that the market will violate that. I will be waiting for a daily candle close above the underlined red area to confirm a bullish continuation. The market may go much higher then. ❤️Please, support my work with...
Dear Traders, We have two possible buying opportunites on SHIBUSDT price is currently accumulating and if price do not decide to manipulate then we can see strong price rebound from current price region. However, if price manipulate then we can see it going down to our second entry there we have imbalance zone which will filled and can see strong bullish...
Hi Traders ! The ETHEREUM Price Failed To Break The Support Level (2921.76 - 2868.32). Currently, The Resistance Line is Broken ! So, I Expect a Bullish Move📈 -------------- TARGET: 3135.00🎯
Detailed Analysis of #TIAUSDT Time Frame: 1 Day (1D) Overview TIA/USDT has recently broken out of a falling wedge pattern and is currently situated in a demand zone. This combination of factors suggests a potential bullish move of up to 50% in the coming days. Key Elements Falling Wedge Pattern: The falling wedge pattern is a bullish reversal pattern that occurs...
Usoil is currently at a 50/50 level where we both have the bullish and bearish scenario in play for now we wait for confirmation
OANDA:XAUUSD Price reached to 2395 which remained a key area for price to make some corrections. We expect price to drop a little bit more and then bounce strongly afterwards. Price previously have left strong wick rejections at our area of entry. Good Luck and trade safe.
The general trend is upward, but according to the structure of a TB position
Here is my latest structure analysis and important key levels to watch and trade on EURUSD next week. Consider these structures for pullback and breakout trading. ❤️Please, support my work with like, thank you!❤️
Price Action currently near Support/Demand Area. Successful close above 163 can take the stock to greater heights. Keep close watch. Monthly MACD cross in action too. March Quarter Profit Looks good too.
💡 Bitcoin managed to break the 🔴 Resistance zone($65,700-$64,180) 🔴, Resistance line and 50_SMA(Daily) yesterday. 💡 Bitcoin seems to be completing a pullback right now. 🌊Regarding Elliott wave theory , Bitcoin seems to have completed the main wave 3 above the resistance zone and is currently completing wave 4 . 📈In terms of Classic Technical...