Hello, Friends! SILVER pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 6H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 29.309...
Hello, Friends! We are going short on the CAD/JPY with the target of 103.526 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✅
The two roads diverged in a yellow wood :) Critical area for ETH at the moment around the $2,500 round number. Break above $2,600 for a bullish reversal towards $2,900. Break below $2,400 for a bearish continuation towards the $2,000. Which scenario do you think is more likely to happen first and why? All Strategies Are Good; If Managed Properly! ~Richard Nasr
Hello, Friends! The BB upper band is nearby so CAD/CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.627. ✅LIKE AND COMMENT MY IDEAS✅
The DOGE/USDT pair is now in a bearish trend, with price action forming a descending triangle pattern on the daily chart. This pattern is identified by the construction of lower highs, showing a consistent loss of bullish momentum, and a horizontal support zone also maintains the price. The upper boundary of this triangle is marked by a descending trendline, which...
Detailed technical analysis for Gold. Multiple time frame analysis. Price action analysis. Important key levels. Potential scenarios. ❤️Please, support this video with like and comment!❤️
The EUR/JPY pair is currently trading within an ascending channel, supported by the 200-period and 50-period EMAs. The price recently bounced off the lower trendline, maintaining a bullish outlook for now. Key Levels to Watch: Resistance: The price is approaching a key resistance at 163.538. A breakout above this level could signal the continuation of the...
Avalanche (AVAX) Analysis Avalanche (AVAX) has been gradually recovering after a significant drop that saw the price decline from the $31.89 level down to a low of $17.29. Recently, AVAX has been trading on a support zone (Yellow) at $20.69 - $23.04, indicating some consolidation as it attempts to regain bullish momentum. Currently, AVAX is hovering around the...
Theta Token (THETA) has been recovering after a substantial decline, where the price fell from the $3.820 level down to a low of $0.886. THETA is trading for approximately 168 days under the trendline. Currently in a bearish trend. Recently THETA has been rejected from the trendline and resistance level at $1.417.If THETA can break above this trendline and the...
The price of ADA pulled back from $0.3940 and testing the support zone (Red) at $0.3524 - $0.3616. If this red support zone holds, the price could bounce from here, and then the targets are the next resistance level at $0.3940 and the next resistance zone (Green) at $0.4177 - $0.4286. If the price breaks down the support zone (Red), we might see it move to the...
The ARPA is currently in a well-defined downtrend, as indicated by the descending channel that has been guiding the price downward since early March. Currently, the price is consolidating on the support zone (Green) at $0.03499 - $0.03596, after a pull back from the $0.04539 level. If the price breaks below this support zone (Green) at $0.03499 - $0.03596, it...
Trading Setup: A Trading Signal is seen in the TRXUSDT TRON (h1) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.1553 ⭕️SL @ 0.1534 🔵TP1 @ 0.1615 🔵TP2 @ 0.1657 🔵TP3 @ 0.1705 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading ...
The price of the DENT is in a downtrend, characterized by a series of lower highs and lower lows within a well-defined descending channel. This pattern has been in play since March 2024, indicating sustained bearish pressure on the asset. The price has repeatedly attempted to break out of this channel but has consistently been met with selling pressure, driving it...
After a wild and volatile summer, the S&P 500 finds itself in a tight range, coiled beneath all-time highs as we head into September—a month historically known for its weakness. The S&P 500’s recent behaviour suggests a potential breakout, but the question remains: which direction will it take? A Roller-Coaster Summer The S&P 500 hit new all-time highs in...
Natural Gas (NATGASUSD) 1 DAY Chart Analysis Bullish Indicators Identified: Bullish breakout above the neckline of a double bottom pattern, previously acting as horizontal resistance. Break of a falling trend line, signaling potential trend reversal. Expanding Demand Zone: The broken structures suggest a new demand zone, increasing the likelihood of a...
Welcome to our daily GOLD prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 2,488.450$ Wish you good luck in trading to you all!
Welcome to our daily SILVER prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 28.92219$ Wish you good luck in trading to you all!
Welcome to our daily DXY prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 101.820 Wish you good luck in trading to you all!