Hello there Doge has pushed up from the 0.18617 low and is now losing momentum in the 0.20769 area. So we want to see the price go above that area, preferably to a higher low and close above 0.20790. Above 0.20790, there's potential resistance at 0.23222. The bias is towards the 0.28175 area, the target level is 0.26589. Now if the price loses momentum and...
Hello there, XAUUSD is looking bearish on the H1 chart as it approaches the trendline towards the 2320 area. Stay on top of it as the general trend is still bullish. The current candle opened under the 36-moving average, aligning with the momentum on the H4 and daily charts. To confirm a bearish signal, we'll need a second bear candle. It may retrace to the...
Good day, GU is bearish at the 1-hour time frame and needs to go lower to 1.26325 for a target area of 1.25165 with a bias of 1.24656. The price broke a low of 1.27000, with a supply area of 1.27500. The momentum is taken from the Daily previous candle close. Happy Trading K.
Hi there, GBPJPY is trending with weak bullish momentum from the 190.000 area, seeming to head up to the supply area. The price is anticipated to follow the traditional SND schematic and drop to the demand zone. The second candle is bullish to the active, and it is higher than its third with an open higher than 190.309; therefore, the current active candle has...
Hi there, ETHUSDT has the potential to reach the demand zone and turn bullish up to 3700. The price is currently kept bearish by the 3355.73 lower high, for a bias of 3205.39. On the bullish side, 3548.96 is a potential resistance area; exercise caution there. If the price breaks 3059.03, it will invalidate the whole setup. It's a beautiful week, calm, I hope...
Hi there, XAUUSD appears bullish at the 3-hour time frame, with the current three-hour candle opening bullish to the third candle and engulfing the high of the previous candle within a bullish range. The current candle is strong, but we anticipate a potential dip. In the event the price dips, the drop should not exceed 2129.946; otherwise, that would be near the...
Hi EURJPY looks bearish at the H1 for a potential target area of 162.277 with a bias of 161.486. The high 164.139 has a bearish pressure over the 163.500, forming an ABC pattern where now C seems to be the start of the wxy wave. The price needs to break the 162.995 for any bearish interests. Happy Trading, K
Hi there, The AUDUSD appears bearish at the H3 level, with the current candle showing signs of losing momentum against the pin of the third candle, with a low challenging the low of the third candle. Therefore, 0.64980 is the level of bearish interest. Once the price drops below this level (0.64980), the invalidation line will be active at 0.65623. Until that...
Hi there, The 71764.90 is a resistance level as the price heads up in the 1-hour, and the price will remain bullish as long as it maintains bullish strength above the 69651.41 and does not break the IV wave, which is the low at 68627.72. The 74706.98 is the first target for a bias of 76586.06 within a weaker trend. Overall, the momentum is due to a weekly...
Hello there! The current candle opened higher than the previous candle and has a lower low compared to the third candle, but a higher low compared to the fourth candle, with a bullish oscillator. The price has a directional bias of 74441 with a potential dip, and the price is bullish above 63335.7 low. Therefore, while the price is bullish, there is high risk...
Hi there, XRPUSDT is bearish at the H1, but the 0.6091 low needs to break for a bearish continuation from the high B to complete the ABC pattern. 0.5945 is the closest target for a bias of 0.5869. Overall, the price follows the momentum of the 4-hour but has a weak trend. Happy trading and have a great weekend. Khiwe.
Hello There! XAUUSD has the potential to turn bearish below the 2157.90 area, and the closest support is 2147.73. The price follows a bearish ABC pattern from the B-high of 2180, which is also a significant resistant area. The price has the potential to drop to a low of 2130, provided the price does not go above 2171.11. If it does, then the setup will need to...
BTCUSD has the potential to dip for a bullish pullback over the 50303 low area, heading toward 106554. It's maxed out. Volatility is low, and price movement is stagnant. It's best to watch for developments against the current low candle. Until next time, have a great weekend. K.
Good day there, Algorand has the potential to go up to form a lower high near the 0.2920 areas and drop to the low regions of 0.2223 and make a bullish pullback. The potential uptrend can reach 0.3838 to 0.4231 highs. The current daily bear candle, however, isn't clear. I used the Elliot Wave schematic for potential future resistance levels. Happy Trading, K.
Hello There, The price for EURUSD is neutral within an approximate range of 1.09866–1.09332. A high-low open and close above 1.10040 could signal a bullish continuation to challenge the 1.11 high. Conversely, if the price falls below 1.09199, that could signal a decrease in price to 1.08817 and even a drop further toward 1.08500–1.07500 zones. Happy Trading, goodbye K.
Good day, The XRPUSDT price has the potential to drop to 0.5953–0.5872 and turn bullish up to 0.6339 with a bias of 0.6530. If the price breaks the resistance at the 0.63 level that sustains the bearish momentum in the 30-minute time frame, then that will invalidate the setup. The current potential dip is a minor retracement to 4-hourly bullish momentum. Happy...
Good day, The price is trending bearish for SOLUSDT in the 30-minute time frame and from the 3-hour time frame to the daily. The price is hovering bullish above the 181.57 mark but is being pushed bearish by the 3-hourly candle, so there needs to be clarity there. Overall, the trend is bearish towards 164.65 with a bias towards 157.34. Happy Trading, K.
Hello There The second current red candle opened higher to the low of the previous candle in the secondary demand zone, fairly above the 0.618 bull retracement. This is when the price reached a high of 0.20637 to a turncoat of 0.15346 against the low of 0.12022. So there needs to be a bullish close above the secondary candle for a potential price increase. Be...