Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.86700 zone, USDCHF was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.86700 support and resistance area. Trade safe, Joe.
Here is our detailed technical review for BITCOIN. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 43306. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 45000 level. P.S Overbought...
Please, check our technical outlook for SILVER. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 22.292. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 22.806 level. P.S We determine...
Here is our detailed technical review for BITCOIN. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 44802. Considering the today's price action, probabilities will be high to see a movement to 49138. P.S We determine oversold/overbought condition with RSI...
Hello,Friends! We are going long on the AUD/USD with the target of 0.662 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
So we finally getting the push back into previous value. Being that it is friday I'm not looking for any entries. just watching for reaction for the potential move next week.
In today's trading session, we're eyeing a buying opportunity on USDJPY around the 148.900 zone. USDJPY recently broke through a significant resistance area and is currently in a correction phase, approaching the retrace area. Technical Analysis: USDJPY's recent breakout above key resistance levels signals potential bullish momentum. The pair is now in a...
✅AUD_NZD is approaching a demand level of 1.0623 So according to our strategy We will be looking for the signs of the reversal in the trend To jump onto the bullish bandwagon just on time to get the best Risk reward ratio for us LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Please, check our technical outlook for EURNZD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.761. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.767 level soon. P.S Overbought describes a period of time...
Take a look at our analysis for US500. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 4939.4. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 5100.0 level. P.S The term oversold refers to a condition...
Take a look at our analysis for GOLD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 2033.920. The above observations make me that the market will inevitably achieve 2050.000 level. P.S We determine oversold/overbought condition with RSI...
Hello,Friends! The BB lower band is nearby so GBP-USD is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 1.264. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! The BB lower band is nearby so SILVER is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 23.280. ✅LIKE AND COMMENT MY IDEAS✅
Embarking on an Elliott Wave journey, MINAUSDT stands on the brink of concluding a major uptrend, gracefully navigating through the final crescendo of the 5th wave. A pivotal moment unfolds as MINA finds a sturdy support at the 61.8% Fibonacci retracement level, offering a crucial foundation for further ascent. The key lies in the daily closing price, remaining...
I’m surprised and shocked that nobody is talking about ZCASH.. everybody all other bitcoin.m, Ethereum , Solana .. other cryptos too but what about ZCASH? No one is talking about it but barely because I am seeing value of ZCASH. So why I said value? Because ZCASH has officially bottomed in the 18$ range and can’t go any lower than that because we already seen...
Greeting Traders! In today's trading session, we're eyeing a potential buying opportunity for USDCAD around the 1.34000 zone. Currently, USDCAD is in an uptrend but undergoing a correction phase as it nears the 1.34000 support and resistance area. Adding a fundamental layer to our analysis, Chair Powell's recent shift in stance regarding a March rate cut is...
STORJ has been a fascinating case study since September 2022. The lingering battle below the psychologically significant $0.5 level lasted a whopping 400 days, creating a formidable supply zone. However, the tide turned in November 2023, witnessing a breakthrough marked not only by a breach but, significantly, under the weight of intense buying pressure. The...
Take a look at our analysis for AUDJPY. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 96.569. The above observations make me that the market will inevitably achieve 97.144 level. P.S Please, note that an oversold/overbought condition can last for a...