hello welcome back . new week start lets analysis gold for this week . last week gold was bullish and buyers were strong .market made an ascending channel and broke 2400 level and also descending channel in weekly time frame market made a side way range for a few weeks now price reach to the top of the channel and strong resistance i expect a good reaction to this...
Hi Realistic Traders, let's delve into the technical analysis of NYSE:BABA ! On the weekly chart, BABA is making some exciting moves! It's broken out of a falling wedge pattern, forming a bullish candlestick with a long wick right on the EMA 34 line. But what really caught our eye? The significant volume spike, more than double the average. Now, why does this...
Here we have another Cryptocurrency trading pair that is exhausted on the bullish side; a classic irregular correction is now in the making with the end of wave b coming in now. As wave b is completed, the start of wave c opens the doors for a SHORT. ➖ The signal here comes from the volume. Notice how trading volume is much lower now compared to March while a...
Watch for the closing price penetration of the right shoulder high as an indication that Bitcoin will go on a run against Gold.
FTMUSDT is trading in PRZ, having bearish divergence on RSI, we can anticipate the change of trend and after the break of HL, we will short it.
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XAUUSD today price has reached a new high of 2440. If the price cannot break through this level, It is expected that in the short term there is a chance that the price will go down. Consider selling the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
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...
WHEN to BUY 4 DOG COINS in 5 minutes 🐱 The cryptomarket is currently waiting on direction from BTC. From my previous analysis, we've concluded that BTC is currently trading in Elliot Wave 3-4 - meaning we're still waiting for the final impulse wave up 4-5. And when this happens, you better be ready with your positions. More on why the ATH for BTC is not in...
It appears that Xrp is still following the same trendlines. The convergence is delayed and clearly this could be a last ditched effort in making people sell their treasured Xrp bags. Whatever you do... don't give up and hodl that little bit longer. Xrp is still trending upwards in these lows and we can see where it's headed. Time is running out for the...
Detailed Analysis of #ETHUSDT Time Frame: 1 Day (1D) Overview ETH/USDT has recently broken out of a falling wedge pattern, a bullish reversal pattern. This breakout indicates the potential for a substantial price increase, with an expected bullish move of up to 40% in the coming days. Key Elements Falling Wedge Pattern: The falling wedge pattern is characterized...
The AUDCAD pair is currently exhibiting a Bearish Harmonic Pattern (XABCD), with Point D anticipated to act as a Potential Reversal Zone (PRZ). This analysis aims to identify strategic entry and exit points based on the confluence of multiple technical indicators. Key Technical Indicators Potential Reversal Zone (PRZ): Point D aligns with a significant Key...
Hi folks today I'm prepared for you Euro analytics. Some time ago price declined to the trend line and then at once rebounded and rose to support 2, which coincided with the support zone. Some time price traded in this area and later finally broke the support level, after which made a small movement up and then started to decline. After the price declined to...
i personally think that the price should hit 1.05750-1.05000 before it goes up to 1.15000 so here is my idea: this massive upward movement is a wave C of a flat correction. this c takes form of a motive wave (impulse), it's a trap for e.w trader that will assume that this is the new trend upward
✅ As I expected , Bitcoin reached the 🔴 Resistance zone($65,700-$67,520) 🔴. 🌊According to Elliott's wave theory , Bitcoin is completing wave 5 . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 📈Looking at the Market Cap USDT Dominance% (USDT.D%) chart , I see that USDT.D% has completed its Zigzag correction(ABC/5-3-5) in the...
Expected Price Movement: After rejecting the upper channel line, there’s an expectation for a short correction. The target for this correction is around 1.08059 which is the next support level also this level aligns with the lower line of the channel. Resistance levels 1.08950-1.09150 Support levels 1.08100-1.07950
Ethereum (ETH/USD) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 3,042.40 1st Support: 2,924.22 1st Resistance: 3,217.56 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...