This is a meme coin on solana network that recently out of nowhere sky rocketed 2000%. It is a parody token of gamestop and since the stock rose this did too and printed a giant daily candle and daily golden cross. I opened a starter position here on this massive pullback to 0.0038. I would imagine if the stock goes higher this will too like it did before. The...
Dear Traders, As we gear up for the week ahead, Bitcoin stands out as a focal point, presenting a potential buying opportunity around the 63,000 mark. While Bitcoin maintains its upward trajectory, it's currently undergoing a corrective phase, edging closer to the critical support and resistance zone at 63,000. What heightens interest is the recent decline in the...
Bitcoin finally revealed its direction and its bullish. On the chart we can see 2 parallel channels. The first one is currently breaking out and there is no doubt that the second parallel channel will break as well. Next resistance is exactly at the top of the first parallel channel, I am expecting a pullback from this strong dynamic line. From the Elliott Wave...
The price perfectly fulfilled my previous idea. BINANCE:LINKUSDT has broken through the downward channel, clearing the key level at 15.00. As I examine the current market dynamics, I think it's likely that the price has formed a double top pattern on the 1H timeframe. This suggests that there's a possibility that the market may retest the support level....
Dear traders! On the price chart EURUSD broke the classic bearish wedge structure and reached 1.0867 below the key resistance zone at 1.0900. However, the very strong uptrend seems to be well supported by the 2 EMA 34.89 on almost every time frame and above the key breakout area at 1.0800 which the bulls are holding on to with the aim of strengthening....
GOLD is starting to create a negative divergence, i.e. higher high and lower high RSI, but not confirmed as yet. It is overbought, and one should expect a return towards $ 2,150 area in the near term. Strategy SELL @ $ 2,400-2,445 and take profit @ $ 2,167. SL I suggest above $ 2,468
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...
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...
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🎯
Dear all, We apologize for the slight delay in this announcement, but we're pleased to inform you that we are now accepting coin analysis requests for the month of May 2024. Submission Deadline: May 20th, 2024 To ensure efficiency and accuracy in our analysis, we kindly ask each member to submit only one request. Please adhere to the specified format when...
Hey Traders, in tomorrow's trading session, we're eyeing a potential buying opportunity on the US30 around the 39730 zone. The US30 is currently amidst an uptrend but undergoing a corrective phase, nearing the crucial support and resistance area at 39730. The Dow Jones Industrial Average and the US Dollar Index typically exhibit a negative correlation due to...
Vertical lines represent bearish and bullish sessions. The next reads to be a Bullish Session. The price is questionable. The 3-month space is just an idea of what might happen. Bubbles represent price zones. I will not play Wizard and predict where the price will end up. I'm only being honest. Price action, sessions, and pi cycles read how and where. Prices are...
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.
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...
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...
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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!