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...
✅ 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...
The general trend is upward, but according to the structure of a TB position
The recent trend can be said to be a small unilateral rise. After this week's daily trend correction, it will quickly make up for it the next day. The energy of the bulls is very strong, and its trend is also very rhythmic! Also on Friday, the price of gold rose close to $50, which also proves the strength of the bulls from another perspective! The gold...
Hello, Friends! It's the PEPEUSDT chart. PEPE has hit a new high these days. It's coming down after recording the High high. What's the next direction? I'm looking at it like this. 1. If it keeps the GREEN uptrend line, It will reach the purple uptrend line. 2. If it breaks through the BLUE downtrend line due to strong buying-force and keep it, It can even go...
What 's up?! My friends! This is BNBUSDT chart. After breaking the GREEN downtrend line, It is currently keeps it. If it keeps the GREEN downtrend line, It will reach the RED uptrend line. * It's also worth looking forward to the rise due to the FLAG pattern.
Look at that powerful trend line. MACD also shows a good situation. . . . But if we look at the news, It may take a week for the price to increase. Not too far Not too late.
Where are we today? We are in a rising wedge . . . and there is a risk that gold eventually breaks this primary trend levels . . . but, if past is prologue, then we should see a 15 minute retracement into our next buy at the 4 hour HWB long setup. . . around 2391-2393.6 area.
monthly up , weekly up , daily up. here we have a 1h RBR as the first possible entry. our second option is the 4h DBR that is lower. should the market retrace to these zones ill be waiting wit ha buy limit
Scaled to 1000 Positive and negative 45º angles laid from the highest high and lowest low of each previous closed Yearly, 6 Month, 3 Month, Monthly, Weekly candles (weekly candle is in blue) Plotting out rough expected trajectories in the pink path lines, that line up with the high time frame angles.
Hi Guys. As always, heres a macro chart setup i've found to be a MUST WATCH, at the very least if not a potential long. Analysis done on 1 week, indicating a macro analysis. Alibaba (BABA), at current prices is roughly 75% from its blow off top in 2020. Around October- November 2022, we tested support at the historical bottom and bounced to test the Resistance...
This week, as signs of stabilizing U.S. inflation increased the possibility of the Federal Reserve cutting interest rates as early as September, spot gold was boosted and took the opportunity to rise. On Thursday, it once approached the $2,400 mark, and then began to fall back under pressure of $2,397. The European market continued to fall, and the US market...
Bitcoin is the cleanest uptrend of my watchlist right now. I'm looking to buy any weakness to $65,000. Daily RSI Crossover indicates we could be at the start of another bullish "cycle" providing a good risk reward opportunity. I'm preparing to execute aggressively if conditions require. Daily closes below $65,000 or sustained movement below $63,000 would...
The stock is in continuous uptrend , with no evidence of sellers in major time frames. The stock has reversed from 38.2% retracement in weekly. I am looking to enter this counter at cmp with 184.20 as SL and minimum 15% ROI - 224 and then trail further.
The highlight of Wednesday is the evening CPI data. Data aside, gold's technical picture is a bullish trend. It retreated and corrected on Monday, stabilized and rebounded on Tuesday. The daily cycle still relies on the support of the short-term moving average to move upward. 2277 is already the low point of the retreat. It continues to rise slowly during...
Silver has broken out of a 4 year old resistance and it has a potential of about 100% ROI in the long term to touch it's all time high. RSI, Momentum and Trend intact and as the consolidation breakout is after 4 years, the price move would be significant, expecting a minimum 30-50% ROI. I would consider Silver Bees to invest.
Observed massive rally after the effects of the CPI report that surge BTC price past 6% and followed by other major coins. Now, I will tackle the possible BINANCE:DOGEUSDT breakout after the rally on the almost 2-month diagonal resistance trendline along with an inverse head and shoulders, a bullish pattern since the coin is on the downtrend that can be a sign...
PE dropped to 44.68 from previous PE ratio of 100+. Castle in the sky is no longer flying, we're going 400mph on the ground now. Prepare for liftoff. MACD bullish divergence spotted with heavy oscillator divergence against RSI. RSI rejected bullish control zone earlier this month around last Friday. 1.618 fib extension ratio possible. Take profits at 2, 3, 4, 5...