Hi folks today I'm prepared for you Binance Coin analytics. A few moments ago price made a correction movement from the resistance level, which coincided with the resistance zone, after which turned around and rose back to this level. Then it made impulse down to the support level and then tried to rise, but soon continued to fall and in a short time broke the 562...
Here I have EUR/USD on the Daily Chart! This Spring of 2024 we can see Price of EUR/USD has kind of been "trapped" where you can see the Highs in March begin to follow a subtle Falling Resistance from the Local Resistance Zone, then CONFIRMED by the test of said trendline early April and NOW early May where we see Price has come to rest just below our Falling...
Hello. As you can see, Bitcoin failed to break the Ascending triangle in its last attempt, and now it is making a fourth downward wave based on Elliott , and than we have to wait for Bitcoin's rise. 👀To motivate me ,Like ❤️ & Share 🌐 this post with your friends ! Thanks for your support ♥️ ⚠️Things can change... The markets are always changing and even with...
Hello Traders and Investors, today I will take a look at Amazon. -------- Explanation of my video analysis: Just three months ago Gold broke out of a very long term ascending triangle formation - similar to the triangle formation which we saw back in 2019. So far Gold is just creating the expected continuation higher and you can definitely close out partials...
Asset: Bitcoin BYBIT:BTCUSDT.P Timeframe: 4-hour Context: Bitcoin has been ranging around key level of 63179, between two Weekly Open-Close levels at 69104 and 56261. HTF At 1D it's going down a descending channel after it closed below the 50% of the 1D FVG and is currently retesting that level LTF It just broke a descending triangle pattern...
Greetings, ETH is in a consolidation triangle and could make an impulsive move upwards for a third touch of the trend line or a breakout of the triangle. The current bearish flag (on the 1hr timeframe) appears to be too textbook for an actual downside move. Timing would suggest the move starting between 6pm-9pm EST as this is when crypto typically has its weekend...
On the above 2-day chart price action has corrected 50% since the month of March. A few reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action confirms support on past resistance. See weekly chart below. 3) Ascending Symmetrical triangle breakout. A near 200% move is forecast. Is it possible price action corrects...
Here are some guidelines for determining the next steps regarding UPL: Consolidation: UPL has experienced a period of consolidation for over two years, forming a symmetric triangle pattern. Breakdown and Retest: There was a breakdown from the triangle pattern, followed by a retest, which resulted in a continued downward movement until reaching a 52-week...
Price is compressing inside a triangle and a sharp move will soon happen Usually triangles are neutral figures without specific direction
FX:XAUUSD is moving from the consolidation phase, to the phase of realization of accumulated potential and rallying to 2400. The price enters one of the key ranges. The fourth wave of correction is coming to an end and a rally within the V wave is being formed. The potential target could be 2400-2550. The price is returning to the range of 2398-2362. If the...
Reasons for bullish bias: -Price is moving in an Ascending triangle on weekly - Trendline support - Price bounce from support - Positive Earnings - TP till major Resistance Here are the recommended trading levels: Entry Level(CMP): 59.99 Stop Loss Level: 56.98 Take Profit Level 1: 63 Take Profit Level 2: 67.65 Take Profit Level 3: 74.34
Hello traders, I want share with you my opinion about Ethereum. Observing the chart, we can see that the price some time ago declined to the support level, which coincided with the buyer zone, after which rebounded and tried to grow but failed and declined to the support line, which is located in the buyer zone. Then ETH in a short time rose to the seller zone and...
As I predicted earlier, US100 keeps growing. Analyzing the index today, I spotted a strong intraday bullish confirmation. After a strong bullish impulse, the market started to correct within a symmetrical triangle formation. A breakout of the resistance of the triangle signifies that the correction is over, and that the market returns to a bullish trend. I...
In fact, everyone should have noticed that the market this week is too boring. Gold currently continues to fluctuate in the range of 2320-2307. This gives many people who trade gold a headache. So what will be the short-term trend of gold? This is a point of concern for many gold traders. Combined with the picture above, the market is currently in the stage of...
Hi every one BLUZELLE / TETHERUS the BLZ/USDT is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD) note: we should wait for the breaking of the triangle and than make a move! Traders, if you liked this idea or have your opinion on it, write in...
BINANCE:ETHUSDT is forging a retest of the key support area. On the background of NFP publication, the coin grows following the flagship - BTC and tests 3130. We are waiting for a retest of 3200. An interesting promising candlestick pattern is forming on W1 on the background of the retest of the key support, which is the resistance of the previously broken...
"D-Link has demonstrated an average breakout following a period of consolidation, suggesting a favorable opportunity for accumulation as it continues its upward trajectory."
NVDA is going to consolidate for at least 3 more months before its next rally