Bitcoin is preparing for a pretty significant crash (in June). Why do I think so? We need to look at the previous price action because in May, Bitcoin pumped by 25%. If we take a look at May's price action, we can see that the uptrend created a FVGAP at 62k, and these gaps tend to be filled sooner rather than later. This is, of course, not the only reason why I am...
OANDA:NZDUSD breaks the bearish trend in early May and confirms the fact that bulls appear on the market. The fundamental background is positive and growth can be considered in the long term. Earlier the price tested a strong descending resistance by a false breakdown. There was no proper reaction in the form of a change of trend or a strong fall....
GBPAUD has piqued my interest from a mid to long-term perspective. I'm looking at two potential shorting opportunities: Key Levels: - Short Entry on Resistance Retest: 1.9212 - Bearish Channel Indication: As long as this channel isn't violated, it strengthens the bearish bias. I'll be looking for shorting opportunities on both the 4-hourly and 1-hourly charts...
Not my favorite timeframe, 4H, too low for me but the risk reward is good and I think the dollar is going down anyway. I'm already shorting the dollar with AUDUSD pair. I see a lot of resistance above it might false break up so adjust your SL to trigger only if a 4H candle closes above the resistance area.
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price rebounded from the support level and made an upward movement, after which turned around and started to decline inside the downward channel. In the channel, the price declined to the 1.0805 support level, which coincided with the support area, and soon broke...
FX:EURUSD is forming a correction after a false breakdown. The movement is formed after updating the local highs. The fundamental background for the currency pair is positive. The false breakout occurs against the resistance at 1.0885, as well as the rising line limiting the trend. If the fundamental background persists, in this case the correction will not...
FX:NZDUSD is entering the consolidation phase after breaking the local trend resistance. On D1 the price enters a new range and on H1 a golden cross is formed. The dollar is standing still and losing positions since the opening of the session on the background of negative news. This is generally favorable for the currency pair. In this case, a retest of the...
Oil will going up aroung 83, Buy now. we can see Oil has Descending Braodening Wedge Pattern.
In time 1H, it is moving in an ascending channel. 💎 The last bullish leg after an unsuccessful break in the supply area of the previous wave has been corrected, which has extended to the green box. 💎 If the area is maintained, it can grow first to the middle of the channel to break the swing and then to the 2.24 range. In the future, it can continue this growth...
Hi folks today I'm prepared for you Euro analytics. Some time ago price reached the support level, which coincided with the support zone, and soon broke this level, made a retest, and continued to move up. In a short time, EUR rose to a resistance level, which coincided with the resistance zone and even rose higher to the trend line, breaking the resistance level....
📊 Chart Analysis : The ONEUSDT daily chart shows a descending channel pattern, which is a bullish reversal signal when broken to the upside. The price has been contained within this downward-sloping channel since early April, and it is now approaching a breakout point. - Resistance Level: The upper boundary of the descending channel around $0.0220. - ...
🥳Hello, everyone. I hope you have a great weekend. 🌐Today, I decided to share a complete Notcoin(NOT) project analysis. Many of you were waiting for Notcoin(NOT) to be listed in different exchanges , and finally, Notcoin(NOT) was listed. 📚 What is the Notcoin(NOT)❗️❓ 🔸Notcoin(NOT) is one of the new and attractive tokens that has recently attracted a lot...
This descending channel pattern has formed on the daily chart of the EUR/USD pair following a long uptrend. The pattern's borders are marked with the yellow lines. The potential entry level is at the cyan line. The potential take-profit level is at the green line. The stop-loss can be set to the low of the breakout candle (or to the low of the preceding candle if...
Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price declined inside the downward channel, where it bounced from the resistance line and fell to the 61000 support level, which coincided with the support line of this channel. Then BTC broke this level, exiting from the downward channel also and declining a...
💎 Paradisers, turn your attention to #BLURUSDT as it exhibits a promising potential for a bullish reversal from the demand level at $0.4413. Should it sustain momentum here, there's a strong likelihood of initiating a bullish advance, with aims to breach the supply zone and target our outlined strong resistance area. 💎 Notably, #BLUR has recently escaped a...
💎 Paradisers! #MANAUSDT closely as it demonstrates robust signs of a bullish continuation from the Bullish OB. 💎 Observing its recent price movements, EURONEXT:MANA has successfully breached its descending resistance and is now primed for an ascent starting from the Bullish OB at $0.4317. Should this momentum sustain, we anticipate a strong push towards the...
FX:GBPUSD is forming a test of the resistance level at 1.271. There is a struggle for the level during the week and apparently the sellers are winning (pinbar is formed and consolidation under the level). Technically, the downtrend was broken earlier, but there was no confirmation of the boundaries and confirmation of the trend change, so the area of 1.271...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A few moments ago price entered to falling channel, where it at once reached $2400 level and then bounced down. After this, Gold fell to $2305 level, which coincided with support area, and at once bounced up to resistance line of channel. Soon price fell lower...