BINANCE:LINKUSDT enters a new range, after updating the local maximum, against the background of the general market correction, the coin is declining. Support retest is possible. The resistance at 18.320 plays a key role for the coin. A false breakout and correction is forming. A quick retest of the resistance or a pre-breakdown consolidation will hint that...
FX:XAUUSD is still bearish. The price is trying to leave the corrective range, which is formed after the false breakdown of support. The market is preparing to go lower. On the 1H timeframe it is becoming clear who is showing dominance in the market. There is no strong buy yet, apparently, before the GDP and PCE publication on Thursday and Friday, no one...
EURUSD is testing range resistance and forming a false breakout with further confirmation of the boundary. The bears are strong and are not letting the price beyond 1.0884 yet. On Thursday and Friday strong and important news are published. Traders are interested in US GDP and PCE. There is a high probability to see data that could be bullish for the dollar in...
IBIO popped 3x March 26-28 and then retraced into a standard Fib level above which it has consolidated. The RSI lines are near to the 50 level and volumes are low. I can see where IBIO could go higher if interest and buying volumes rise. I will watch this for the same. Having profited heavily on the prior move, I would be happy to re-enter a long trade on IBIO.
BTC is yet to fully correct, at least on the weekly. In my eyes, these huge candles up are unsustainable without significant greed. Significant greed cannot continue indefinitely without returning to the mean (neutrality), and likely, significant fear. There are a few factors I believe will influence a correction: Greed across the traditional and crypto...
FX:AUDUSD is forming a false break of the range resistance, but the market continues to struggle between traders. The focus is on the risk zone, the breakout of which will send the price flying downwards. The trend is neutral, after a long-range retest of 0.66676 resistance a false breakdown is formed and the buyer has no potential to go up. A retest of the...
FX:EURUSD is forming a correction after a false breakdown. The movement is formed after updating the local highs. The fundamental background for the currency pair is positive. The false breakout occurs against the resistance at 1.0885, as well as the rising line limiting the trend. If the fundamental background persists, in this case the correction will not...
FX:NZDUSD is entering the consolidation phase after breaking the local trend resistance. On D1 the price enters a new range and on H1 a golden cross is formed. The dollar is standing still and losing positions since the opening of the session on the background of negative news. This is generally favorable for the currency pair. In this case, a retest of the...
Based on higher time frame analysis, it is observed that Gold is struggling to move higher. It is now caught in a downward spiral as it closes below the EMA's and is slowly gaining momentum in lower timeframes like M15. I believe we might experience a significant downward movement in the market. Trade at your own risk!! this is not a signal service but my...
GOLD is changing the trading plane and is currently weaker than the market. The price within the correction confirms the previously broken support (now resistance) And bumps into the strong zone of 2359. The price is heading to 2332 on the background of the dollar growth. The fall may continue after the news, which may also indicate support for the dollar. The...
Hey Dosto! 👋 🔍 Chart Analysis: Natco Pharma - CMP 980 📊 🚀 Reasons for Trade: Strong Uptrend Cup and Handle Breakout Retest 💹 Trade Details: CMP: 980 SL: 918 Targets: 1090, 1188 🌟 Why Natco Pharma? After a cup and handle breakout, Natco Pharma has retraced for a retest, indicating potential upward momentum. 💡 Trade Strategy: 📈 Enter after retest...
The Gold fundamentals are negative and as long as price is trading under the 2365-2358 resistance zone. There is still a high probability of a high selling pressure happening. The GOLD fundamentals are still negative with the FED likely to CUT INTEREST rate and the pending inflation data. Resistance : 2358 - 2365 Support 1 : 2335 Support 2 : 2305
As we can see, the price is based on the lower border of the uptrend chennel, which may result in an upward move to 33$.
FX:XAUUSD after a false breakdown of the support of the range is forming a correction, but within the upward consolidation channel. The fundamental background is still negative. There is no strong news in the next two days, so the fundamental background remains the same. There is no strong buyer on the market yet and thus, gold may continue its downward...
In the weekly time, it is moving in an ascending channel, which after a complex correction and higher floors has formed a runner zone, which can now complete an ascending wave in the specified area, which is the supply area. Therefore, 🔰 in the first scenario, I expect a correction with the support of the $2,500 area after touching the zone, which can appear more...
💰📈 Muthoot Finance: All-Time High Monthly Breakout! 🚀 🔍 Current Market Price (CMP): 1745 📉 Stop Loss: 1640 🎯 Target: 1890, 2274 ✅ Confirmation Above: 1820 Reason: Muthoot Finance is breaking all-time highs with a monthly breakout. The gold loan business is poised for growth as gold prices skyrocket, potentially leading to higher gold disbursements. ⚠️...
BTCUSD is holding key golden fib resistance during this uptrend since October 2023. 2W Heiken Ashi doji just printed as well, similar pattern as earlier in januar 2024. We are going much higher, 100k is just the first stop.
In time 1H, it is moving in an ascending channel. 💎 The last bullish leg after an unsuccessful break in the supply area of the previous wave has been corrected, which has extended to the green box. 💎 If the area is maintained, it can grow first to the middle of the channel to break the swing and then to the 2.24 range. In the future, it can continue this growth...