Medium-Term Fundamental analysis: Middle East Crisis (Iran and Israel) They run away from every fight (battle, war .. :) , we know this means "Decreasing tensions in the Middle East" Technical analysis: Wave C = 123.6% of Wave A Bulls see it as a sell signal Conclusion: This market needs a correction
Hello friends In digital currency Cardano(ADA) we are witnessing the formation of a 5-wave Elliott pattern. Waves 1, 2 and 3 have been formed and completed. Wave 4 is forming. According to the formed pattern, we are probably facing a triangle, which is very common in wave 4. Therefore, to complete this pattern, we expect to have a growth up to the range of 05000...
My dear friends, Please, find my technical outlook for GOLD below: The instrument tests an important psychological level 2342.7 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 - 2348.5 About Used Indicators: Super-trend indicator is...
My weekly forecast for EURUSD for the week of 03 June 2024 I see us going lower.
Hello,Friends! We are going short on the EUR/JPY with the target of 169.809 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Notcoin(NOT) has increased by more than +120% in the last five days. One of the main reasons for this increase is that the Notcoin(NOT) team announced its new AirDrop and new ways for game users to earn money, which led to investors' interest in the token once again. In terms of technical analysis , with the help of the Rounding Bottom Pattern...
TURBOUSDT has made a significant move following a breakout from a cup and handle formation. This classic bullish pattern indicates strong potential for upward momentum. The price is currently approaching the final target of this setup, which corresponds to the height of the cup. We anticipate that this level will serve as a strong supply zone, where a price...
Bitcoin is currently moving near the Potential Reversal Zone(PRZ) , the lower line of the ascending channel , and the 100_SMA(4-hour TF) . In terms of Elliott wave theory , Bitcoin seems to be completing wave C . The correction pattern is Zigzag(ABC/5-3-5) . In terms of Classic Technical Analysis , Bitcoin is moving in a Falling Wedge Pattern . I...
Next up is Terawulf as promised. Terawulf was my last miner I got interested in but not for the hype around its nuclear mining operation. Moreso, I was looking for miners down major off their highs, and those with a higher max upside. Problem is, this company has over 100 million in debt, and following their monthly and quarterly updates shows that they have no...
Iris doesn't provide monthly updates so we'll have to track their growth over a quarterly basis. Here are some of the Key Highlights from the most recent update : 1.6 EH/s acquisition of new-generation Bitmain T21 miners (19 J/TH) $14/TH purchase price ($22.3 million)1 Fulfills the Company's goal of expanding self-mining capacity to 10 EH/s: Current: 5.6 EH/s...
USDJPY Update⚠️ Alert 🔍It seems like USDJPY is the move dancing with in channel recently busting out of a download trend! 🚀📈 As it nears the resistance zone the anticipation is palpable for a correction ⭐ but there the interesting part once this correction happens there a chance it might hit the midline of the channel 🎯⭐ That's like the rebound zone to the...
DOGE: What if this is a Bearish Continuation Pattern? The price is in a critical zone and with this small confirmation DOGE is indicating the possibility of a bigger bearish wave. More confirmation is required but it's not bad either way. 📺You may watch the video for further details📺 Thank you and Good Luck! ❤️PS: Please support with a like or comment if you...
Right into the box.. This should be a sell setup of this wave 2
EURJPY: AFTE BOJ Comments- The uptrend is still intact After BOJ comments we can see that all XXXJPY pairs moved down aggressively. They said that may increase the interest rates... Will that happened? They have lied about this topic several times and nothing has happened and that is why all XXXJPY pairs will not give up their uptrend easily. You may find...
Algousdt is currently exhibiting a potential cup and handle reversal pattern following a significant drop. This pattern suggests a forthcoming bullish trend for the coin. The designated buyback zone presents an attractive opportunity for purchasing, with expected targets highlighted on the chart. It is advisable to set the stop loss below the handle area to...
TESLA : Bullish - Butterfly-Wolfe Wave-Head Shoulders inverse A butterly was detected since several weeks We have also a Head shoulders inverse and a Wolf Wave Bullish then the market can reach 207 and the 233 $ To monitor the EMA.50 and EMA.200 and ICHIMOKU "kijun" NB : Divergences ROC and RSI , bullish
📈EURUSD Anylisis 🔍Currently EURUSD Finds itself at a crossroads caught between two vitel daily structures. Looking ahead to potential moves here are two scen to watch: 1) Bullish outlook if the market breaks the trend line and seals the deal with a solid close above a hefty resistance line forming a Substantial falling wedge on the dialy chart it might be time...
AliceUSDT is exhibiting a potential inverse head and shoulders pattern, with the price currently forming the right shoulder. This presents a promising buying opportunity. The immediate target is the neckline of the setup, and stop loss should be strategically placed as indicated on the chart. Final target levels are also outlined on the chart. Let's observe how...