🔍Today, we're analyzing LINK in the daily time frame. After reaching a peak at 20.623, we experienced several fakeouts, and now we've retraced to around 13. This level has acted as a strong support, preventing further downside movement. 📈🛒Currently, we're seeing a strong buying candle, indicating a potential entry point for buyers. Moving forward, let's consider...
We may observe that GBPJPY has hit it's head several times at 192.803 and has failed to break above this level. All week we've been ranging after moving slightly up early in the week. Price wants to go up and since the Bank of Japan recently increased interest rates for the first time in many years, we may very well anticipate a continued trend on GBPJPY to the...
Update for AUDUSD: after a correctional bullish movement, I see the signs of strength of the sellers on an hourly time frame: the price formed a descending triangle formation and broke its neckline. I expect a bearish movement to 0.6417 / 0.6405 ❤️Please, support my work with like, thank you!❤️
Hello traders.. we have another analysis here outlining potential scenarios for intra-day trading EurUsd. Look for 1hr candle closures outside 1.06855 1hr resistance zone and 1.0669 1hr support zone. Look at those ranges we could potentially trade .. up to 1.0712 or if we go down then 1.06345. We have no major news releases left this week except for unemployment...
🔍Today, our focus is on MATIC, which finds itself on a significant support level in the 4-hour timeframe, presenting a vital opportunity for its progress path. ☢️Following the Iran-Israel conflict news, the entire market experienced sharp declines, leading to a more rational market condition. The previous sharp wave corrected to the 0.382 Fibonacci level, and...
NZDCAD formed a head & shoulders pattern after a test of a recently broken horizontal structure support. I think that the pair may continue falling, after the release of Crude Oil Inventories data today. Initial target - 0.8115 ❤️Please, support my work with like, thank you!❤️
If the price of Bitcoin stabilizes at 61630.1, then the market is expected to fall to the range of 592220. But this depends on BTC.D and USD.D, which are currently at critical points. Also, for the rest of the coins, when the BTC trend line breaks, we will expect the price to drop. BINANCE:BTCUSD.P
Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential upside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
So, I would like to give a more updated view and opinion on Bitcoin from the weekly perspective. Bitcoin's price has been in a range since June, which can be seen from the H4 & Daily time frames. Suffice to say, it's bullish, but for how long is the question. I say that due to the fact that there's huge barriers up ahead waiting for price action to enter. Even...
🔍Today, we turn our attention to Ethereum (ETH), which has experienced a sharp decline following previous analysis due to escalating tensions between Israel and Iran. Short-term impacts of this potential conflict could lead to market downturns, necessitating a higher timeframe analysis for optimal long positions. However, historically, wars tend to drive up prices...
Good Evening and I hope you are well. Today nothing moved the markets and I was humble enough to book some early profits and scalps before US open. I left it at that and am very happy with that decision. Days like this are the death for inexperienced traders, so if you lost money today, train on a paper account when market is this choppy. Leave your ego at the...
NAS - price broke through that last low that was created with momentum pushing past the lowest point (17790) before the highest point (18498) was reached. That would signify a CHoCH and we are continuing a bearish outlook. With ICC, after a new low is made in the market (Indication) we can expect a pullback/retracement (Correction), before the continuation. We...
Nifty will be gap down opening in today's session. After opening nifty start trading Below 22260 level and then possible downside rally up to 22140 & this rally can extend another 120 points if market gives breakdown 22120 level in today's session. in case nifty trades Above 22300 level then the upside target can go up to the 22420 level.
Good Evening and I hope you are well. bull case: 50 points down and 60 points up. Unreal price action for this Market. Bulls bought where they had to, to stay inside the broad bull channel or expanding triangle. Call it what you want, you trade it the same. Since Fridays sell off was so extreme, I rather be humble as a bull and take my profits on weakness. Retest...
🔍Today, we delve into the analysis of C98 cryptocurrency, which has been consolidating within a 600-day box range from 0.1248 to 0.439 on the weekly timeframe, yet to break out. 💎C98 is among the market's potential gems, boasting a highly practical DeFi project, signaling promising growth prospects during the bull run. 💥While the RSI oscillator indicates a...
The S&P futures is quite weak after strong USD retail sales data. This move opposes a rational reaction to data that came out better than forecasted by a good margin. The market is pulling back and continuing the bearish momentum from the previous week. This may have to do with the conflict between Israel and Iran, this retracement back down. Oil is pushing up and...
Hello Traders.. EurUsd just dropped off last week. Those market participants who caught this massive selloff may be thinking of taking some chips off the table. This coincides with a bullish trend in bond yields and the S&P futures wasting no time heading to the upside to begin the week. The Iran and Israel conflict adds a layer of complexity to this new week of...