FX:XAUUSD after a false breakdown of the support of the range is forming a correction, but within the upward consolidation channel. The fundamental background is still negative. There is no strong news in the next two days, so the fundamental background remains the same. There is no strong buyer on the market yet and thus, gold may continue its downward...
Hello Traders and Investors, today I will take a look at Tesla . -------- Explanation of my video analysis: With Tesla stock breaking above previous resistance in 2019 and coming back to retest it in 2020, this stock then took off and created one of the most insane rallies which I have ever seen. At the moment though, Tesla is consolidating in a descending...
After Mt. Gox moved $840 million in Bitcoin to a new wallet , Bitcoin started to fall. Bitcoin has managed to break the lower line of the ascending channel . According to the theory of Elliott waves , it seems that the next corrective waves have started . I expect Bitcoin to fall at least to the Potential Reversal Zone(PRZ) . Note: An important point...
End of day update from us here at KOG: As suggested in yesterdays update we were looking for the support level 2340 to hold price up and then for a push upside into the 2350, 2355 and above that the 2360-65 region. Excalibur guided on top of that giving us a precise entry level together with the red box strategy hitting not only our daily bias targets but also...
💹 Let's dive in and analyze the RNDR crypto coin, update our previous analysis, and check new triggers together. 🛡️ Weekly Time Frame Analysis: In the weekly time frame, RDNT is one of those coins that moved alongside Bitcoin, similar to Solana and INJ. We are currently in a bullish trend and have surpassed the all-time high (ATH). ⏳ After reaching the...
Trade idea is currently playing out as anticipated prior
Dear Traders, We are convening a discussion focused on #MEMEUSDT The Trendline and Resistance Breakout Has Already Done ✅ So,I am Expecting a Bullish Move of +35% 🚀😉 #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc #cryptotrading #cryptonews #eth #cryptocurrencies #nft #bitcoinnews #bitcoins #trading #bitcoinmining #forex #binance #cryptoart...
Technical Analysis of Gold The price of gold has stabilized above 2354, suggesting it will likely reach 2369. A break above 2369 is needed to continue the bullish trend toward 2388. However, if the price remains below 2369, it may consolidate between 2369 and 2354. Should the price break below 2354 and stabilize, it is expected to drop to 2344. Pivot Price:...
1. Selling Plan STORJ. 2. Reducing balance method with 40% of your bag for ATH if we get there. 3. Each Selling Target is at key weekly supply zone. 4. Selling percentage get progressively larger the higher we go.
GOLD again failed to hold the previous ascending channel and dropped into the next one. The chart is trading near the trend line. The price is under the 62% retracement level. We expect the decline to continue. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
The EGX30 index, a benchmark for the Egyptian stock market, faces a critical challenge: the concentration of its weight among a few large companies. As of May 28, 2024, the top three constituents – Commercial International Bank (CIB), Talaat Moustafa Group, and Sweden Electronics – account for a staggering 50% of the index's weight. This excessive concentration...
After overnight short orders hit TP: 2343 this morning, gold has been fluctuating within the 2340-2345 area. Judging from the current gold trend, the downward trend of gold has slowed down, and it has rebounded again in the short term and exceeded the 2340-2345 area. But the weak situation has not changed.There are two voices in the current market. One is that...
High flyer for the year with a decent dip now. Major support here with a Golden Genesis fib. Good possible long entry with SL just below. $ 34.74-35.50 is the immediate support. $ 33.01-33.21 is next support but minor. $ 25.66-25.81 way below is ULTRA strong. =======================================
Bitcoin price action has literally bored market participants into a gelatinous state of perpetual apathy. That’s about to change. Why? 1) Price action and RSI resistance breakouts. See daily chart below. On the 8hr chart above (using Heikin Ashi candles for cleaner reading): 2) A trend reversal is evident with the first higher low since April 3rd. Green...
Hi mates and Trading community so here i am sharing mine a very simple and ordinary idea on Nvidia on the basis of price action support and resistance but hope it will work and will respect to the marked levels. So as we can see that price reaching third time to the marked resistance and getting rejections again from there so i marked up an immediate support...
With expected continuation of the bullish trend on the EURUSD pair, we take note of price action upon entry into a previous resistance turned support region that co-incides with the "Golden Zone" on the Fib. This might be the perfect re-entry into "Long" for traders that closed positions after the previous "bull run". We wait and see what the market gives to us...
USDCAD is moving above the trend line in a descending channel. After a false breakout of the upper boundary, the price has returned to the channel. The chart is holding under the 50% retracement level of the last bullish impulse. We expect a decline in the channel after a retest of resistance. ------------------- Share your opinion in the comments and support...
If the price closes with a candle below the white line, I will wait for the pullback to look for sales with the orange line as the objective.