SUIUSDT is showing a potential cup and handle formation, indicating a bullish outlook. The cup phase has completed, and the handle is currently forming, expected to end around the accumulation zone. The target price, derived from the pattern, suggests significant upside potential upon a breakout. A crucial stop loss level is identified below the accumulation zone...
Here is our detailed technical review for USDCAD. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.362. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.367 level soon. P.S The term oversold refers to a...
My dear subscribers, This is my opinion on the SILVER next move: The instrument tests an important psychological level 30.4065 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 31.0378 About Used Indicators: On the subsequent day,...
Hello,Traders! GBP-NZD is going down But a strong horizontal Support of 2.067 is ahead So after the retest we Will be expecting a Local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Last week the price of gold was moving within a relatively short range. The highest-lowest levels were $2.360 and $2.320. The US PCE data showed no difference from current market expectations, in which sense, the market continued to price currently known facts, and it came without too much change in levels from the previous period. Still, concerns over the next...
BINANCE:FTMUSDT is looking quite bullish, with a very clean chart and well respected Fibonacci retracement levels. The support is sitting right at 61.8% of the last leg up. (Common reversal level) I think the chart is open to multiple interpretations, each with a different target: Descending Triangle : $1 Also a key psychological level and a previous...
Last year in 2023, price was bouncing around the yearly candle's open and eventually blasted higher to form a bull expansion candle. The high to low of the entire year was 6,360 ticks and 20.24%. From the open of the year to the close, it was 4,566 ticks and a 13.77% gain. This year in 2024, now that it is about half way through the yearly candle, is looking like...
Spotted potential 5 waves correction down towards the 61.8% fib level from ATH zone. Price bounced off from important fibonanci zone of 61.8%, and the resultant from this zone confirmed major bottom to be in. Focus on Buy Back zone to accumulate.
We firmly believe that the major stock indexes have a very dire Macro outlook. We will not go into details here (see our other posts) but with the market heading for a downturn we thought it would be awesome to show other small retail investors (thats what we are) that there is nothing to fear. Well nothing to fear other than blowing up your account- we do not...
My 3rd post on this as I counted wrongly earlier :P Dont worry its still a long. The count was incorrect for my previous post and it did not make any sense lol. I made a recount and found an extended correction on H4 instead of a 5 wave move down. So please scratch my previous idea :)
Last week only got 180 pips and then bounce back to my breakeven entries. Take some partial profit at 180 pips. Still focus for bearish movement. If invalidation level broken, this setup will be invalid and i will recount it back. Fell free to share your idea too. Tq guys
Im looking for this structure to continue bullish movement . Invalidation level as my last anchor. So all pair xxxusd possible to drop .If red line broken this setup will be invalid. Please do your own research too and feel free to put your comment to share your idea. Thanks
PIXEL appears to be inside a diametric. Now it seems that we are at the end of the F wave and will soon enter the G wave. If the price returns to the green range, we will look for buy/long positions The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop...
SELL 2337.00 TP 2310.00 in forecast. Gold technical forecast.
I still looking for this structure as my plan for next week. Do your own reaearch too. Feel free to put your comment to share your idea too. Thanks.
Key Points : NASDAQ:META 1. A symmetrical triangle chart pattern is a period of consolidation, 2. A breakdown from the lower trend line marks the start of a new bearish trend. 3. A breakout from the upper trend line indicates the beginning of a new bullish trend Resistance - 480 Support - 462 If you need further analysis, please don’t hesitate to reach out....
HONEYUSD continues to decline following a bear flag formation, pushing the price further down. Focus should remain on the final target of this bearish setup. For those interested in accumulating this coin, the optimal accumulation zone will be after the bear flag target has been reached. Exercise caution while trading this coin, as the downward pressure...