As we dive into Ethereum (ETH) analysis, it's crucial to note that ETH's value relative to Bitcoin (BTC) is currently declining, and the ongoing ETF approval process could significantly impact its future. Don't overlook these factors! Analysis Overview: Channel Dynamics: ETH experienced a parabolic move after breaking out from its previous ascending channel. We...
💹 Let's dive into the analysis of Binance Coin (BNB), one of the top-ranking and popular cryptocurrencies. We'll look for new entry and exit points to maximize our profits in this market. 📝 Background : As you might know, BNB is the native coin of Binance, the largest cryptocurrency exchange. Many activities on Binance can be conducted using BNB, making it a...
📈 Let's analyze AR coin, which I introduced for spot trading last month. We'll review and check new entry and exit points together. 🔍 In the higher timeframes, AR is one of the few coins that is nearing its all-time high (ATH). It broke out of its long-term box a while ago and is currently in an uptrend. 💡 One of the main reasons a few select coins are...
OANDA:XAUUSD on the background of weak dollar and favorable fundamental background realizes the accumulated potential after breaking through resistance. The price is testing the global resistance of 2431. The market is bullish again, which was supported by economic news, mainly related to inflation. Technically, the gold is again interested in strong buyers...
Hi everyone, In last 3 days ADA price increased on over 10% and I think that it's just a beginning. I just opened ADA UP position at 0.482 price with 5x leverage on Fybit trading platform. First target is 0.52, Second target is 0.62, Stop loss at 0.42 This is a high risk trade but potential reward is worth it. Please, do not forget to boost this idea & share...
Rising wedge bearish pattern has formed on hourly chart, and a breakout is underway to mark a highly probable bearish trend. The trend will either stop at the base of the wedge in the zone 64665.70 ~ 65033.72 USDT or continue to the previous support zone 62590.06 ~ 63355.54 USDT. The major trend is still bullish signaled by Fib-EMA cross over between fib 55 and...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price started to grow inside rising channel, where it soon reached support level, which coincided with support area. Soon, XAU broke this level, made retest, and rose to $2285 level, making fake breakout, after which exited from channel also. Next,...
The above 12 day chart a 40% increase on the Gold / Silver ratio since early 2021 within a rising channel is shown. A number of reasons now exist to suggest a strong reversal in that trend with an equal 40% correction. They include: 1) Hidden bearish divergence. This occurs as oscillators print higher highs with lower lows in price action. (Black arrows). 2) A...
🥳Hello, everyone. I hope you have a great weekend. 🌐Today, I decided to share a complete Notcoin(NOT) project analysis. Many of you were waiting for Notcoin(NOT) to be listed in different exchanges , and finally, Notcoin(NOT) was listed. 📚 What is the Notcoin(NOT)❗️❓ 🔸Notcoin(NOT) is one of the new and attractive tokens that has recently attracted a lot...
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, I want share with you my opinion about Euro. By observing the chart, we can see that the price some days ago rebounded from the support level, which coincided with the support area and started to grow to the resistance level. In a short time price reached the 1.0895 level, which coincided with the seller zone and soon broke it, after which it even...
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🎯
Part of my ongoing analysis, see links below. Our bounce is at a crucial level right now. This level is where the retrace could end. Possibly bears' last chance at lower lows. Elliott Wave theory would call this an "ABC" Which implies a correction within a trend. So possible to resume downtrend from here. Good news for bulls is that 63.3k was the KEY. The red...
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🎯
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