As per the Fibonacci retracement, the current reading is at 26,073 and support is at 25,788. It is highly possible to take support before moving on to at the least 27,131. If it pass this level, the next level we could see is 28,207. There is a FVG (Fair value gap) at 27,732 and it needs to be mitigated for which it will go to 28207 for mitigation and then back to...
The JPY index could begin a slight recovery, and we conclude this based on data on increased inflation, which would produce an intervention by the Bank of Japan. For targets, we are looking at Fibonacci 38.2%-61.8% range.
In the higher timeframe, investors should wait for the next pullback to buy again. We are approaching the first relevant areas.
In the higher timeframe, the higher level wave ((1)) is probably finished. There is also an alternative scenario where we can make one more high to finish wave ((1)). This wave ((1)) should be followed by a wave ((2)) to the downside which is an interesting buying opportunity for investors.
BTC took a big dip a few days back, slipping below the EMA200. It's kind of like what happened around March when we saw a similar situation, but back then, it managed to bounce back around the 19555 support level and climb above the average, starting a nice uptrend that pushed the price up to 31869. This time BTC breaking the EMA200 doesn't make it seem very...
ZW is shown as the December 2023 contracts on the 2H chart have reversed in the past two days and price has increased over 2% in that interval. The indicators show a flip in the volatility and a blue bar volume spike in the reversal. Price is presently about 15% below the double tops and pivot highs of June and July. Price is presently crossing over the mean...
- CHFJPY is long-term bullish. - what goes up must come down before going up again - We have resistance that lines up perfectly between the 0.50 and 0.618 fibonacci levels - ideally we'd like to see price touch our key zone and reject it for a continuation to the upside
I am waiting to see if AAPL fills the 167 gap, it is near the .5 fib retracement level which usually is a good entry point. Take profit targets at FVG1 ($176) and FVG2 ($191)
As we can see here on the daily frame the price reach the golden level on Fibo the 61% Good chance to sell with stop loss if price stable above Fibo 61% level during the week
APRN on the 2H chart demonstrates continued burning of cash and the burn rate is more than the estimates of the analysts. With the double Bollinger Band overlaid, Price since those dismal earnings has increased up more than 50% and is now at the dynamic resistance of the volatility bands. Confluent with its rise to the upper bands is the rise of price to...
This currency is in a downward trend, but the possibility of supporting the same range is not far from expected. Two important support ranges have been identified for this currency, as well as two targets.
We have a look at Bitcoin in weekly time Bitcoin has now reached its daily support and there is one more day left until the end of the week, but the strength is still falling and there is a possibility of reaching the bottom of the long-term Bitcoin channel where it is marked by the magnet. And this is a general analysis. Follow us for more analysis
In certain Levels, after confirming and matching with bitcoin levels, you can open a trade. Levels are obtained from the intersection of static and dynamic levels and Fib level This analysis is not an offer to buy or sell
In the recent trading sessions, the S&P 500 has shown some intriguing patterns. Notably, the index did not honor the 0.618 Fibonacci key level, a significant retracement point for many traders. At first glance, and based on the current momentum, it doesn't seem poised to retest this level in the immediate future. Historically, the 0.786 level has acted as a...
OANDA:XAUUSD finally breaks the medium-term support line and updates the low to 1885. The trading week closes near the local support level, which indicates that the market is ready to continue the trend This week ended positively for the dollar, the metallo reacted as expected. There are several important news items to watch out for in the coming week: 1)...
HBAR is looking to move to .06329 USD for a new local high There are some importan Fib levels in this area from the trip down It look like some trend lines that were holding us down have also been peirced HABR is Jacobs Ladder The Hash is THE Ladder Use your Hedera and Have the Heavens 🪜CLIMB THE LADDER OF HEAVEN WITH HBAR 🪜
Hi everyone👋. 💡After failing to break the🔴 resistance zone($29,850-$29,480) 🔴, Bitcoin started to decline again. 🔔Considering that 50-SMA and 50-EMA issued the SELL signal, I expect Bitcoin to FALL at least to the support line . -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Bitcoin ETFs to push US...
BITSTAMP:BTCUSD is breaking the 26700 support and MA-200 forming a strong bearish momentum, but at the same time the price is not breaking the bullish channel. In terms of global outlook, the price is still in an uptrend Pay attention to the weekly chart on the left. Price is forming momentum and a strong distributive move towards the strong support at 25000....