If the $61,000 support is broken, there is a fair value gap down to $42.00. All traders should be cautious as volatility may reach maximum levels in this gap. This is also a sign that the double top pattern is working. The $61,000 support is very important.
Hello Traders ! On Monday 17 June, The NZDUSD price reached a strong support level (0.60888 - 0.61044). Currently, The price broke the lower high (Change of Character). So, I expect a bullish move📈 ___________ TARGET: 0.61800🎯
The Dollar index is hitting a major resistance and losing the battle. This pair is forming an inverse HS and will try for third time in tow weeks to break out the upper vertex. I'm not sure if is goin to do it this time but price is sitting om 0.61 support zone. SL triggers if a weekly candle closes below the support.
Daily Chart: Resistance Levels and Breakout Potential The daily chart of PLTR reveals a strong bullish movement with the price recently testing the resistance at 25.47. Historical resistance levels are marked at 25.47 and 27.50, where the price has previously faced rejections, as indicated by the red arrows. The 21-day EMA acts as a dynamic support level,...
This technical analysis is based on the daily chart of BINANCE:INJUSDT on the Binance exchange. This analysis draws two price channels and evaluates support and resistance levels. Price Channel Analysis: The previous bearish channel is broken out, and a bullish channel is formed. The suggested entry point is around 23.95 USDT. Entry and Exit Points: ...
Simple bearish scenario if there are signs of weakness near the blue rectangle zone. All rectangles are potential support and resistance levels projected in time, so I will keep my visions open for any scenario including a comeback, despite the fact that the whole project has been developed in a highly bearish mood setup. The main and initial test of the project...
Hi everyone, In last 3 days ADA price increased on over 10% and I think that it's just a beginning. I just opened ADA UP position at 0.482 price with 5x leverage on Fybit trading platform. First target is 0.52, Second target is 0.62, Stop loss at 0.42 This is a high risk trade but potential reward is worth it. Please, do not forget to boost this idea & share...
Here is a 1500p gold buy I opened according to my morning analysis. It was a successful and quick trade but to patience to get it. How was your trading today?
GETTEX:TAO DCAing from here until $170. For those who missed GETTEX:TAO , it will take at least three more months. The markdown phase hasn't ended yet, and then the accumulation phase will come. But in the end, it will reward very high!
Daily Chart: Ascending Channel and Key Breakout The daily chart of the SPY shows a robust upward trend within an ascending channel. The price has been making higher highs and higher lows, respecting the channel's boundaries. Key levels include the lower boundary of the channel as dynamic support and the 21-day EMA as a critical support level. Recently, SPY broke...
$CPOOL Most altcoins are currently going through a full cycle. $CPOOL will experience this as well. Only diamond hands can save you.
💹 Let's dive into this forex pair analysis and identify trigger points together to achieve a profitable week in the market, while adhering to risk management! 🌟 Weekly Updates: Starting from Monday to Wednesday, we'll cover , Monday: Bitcoin and Dominance analysis , Tuesday: Ethereum and ETH/BTC analysis , Wednesday: Gold analysis These are in addition to our...
ASAHIINDIA formed a triangle patter on weekly chart and broke out of resistance today. Multiple support and resistance levels were tested prior to breakout. Also note the price tried to breakout few trading sessions back and was rejected. Upon going down the price was again rejected at the support levels. Indicating strong buying interest. Stop loss can be had...
RKFORGE broke out of channel pattern on daily chart. Multiple support and resistance were tested prior to breakout. Also the breakout candle is a bullish engulfing breakout candle that engulfed prior three trading session candles. Moreover the volume on breakout day was huge. This indicates bulls are out here in force. Stop loss can be held just below the...
HS confirmed and price is testing the broken neck. Be careful, this one is very volatile. I have some puts expire by the end of the month, probably I should have given more time. SL if a weekly candle closes above 17.
BANKNIFTY closed above va 1. gapup 50450 long 2. 50450-50300 trade breakoput 3. gapdown 50300 short
AT&T has been fighting higher, and some traders may see an opportunity in the latest pullback. The first pattern on today’s chart is the falling trendline along the highs of February and April. T broke above it in late May and proceeded to hit a new 52-week high early this month. Notice how prices have retreated and now seem to be stabilizing at the trend line....
NIFTY closed inside va 1. gapup 23600 long 2. 23600-23540 trade breakout 3. gapdown 23540 short till 23450