On the above monthly chart of BNB token there is easily an hour of topic to discuss. However attention spans amongst the equity providers do not afford a detailed explanation so the short version.. 1) Price action is in a legacy uptrend channel since inception with a confirmation of uptrend continuation (unlike LTC). 2) Price action is at resistance after three...
** Trading opportunity ** On the above 8-day chart price action has corrected 95% since April 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Regular bullish divergence. Seven Oscillators print positive divergence with price action over the last 3 to 4 months. 3) Support and resistance, price is on...
We have a big push to the up side from 0.80$ to 3.48$ we a 5 wave and we are in And a corrective triple came. Or let's say a corrective price channel. On our Relative Strength Index, we have divergence. Price difference. Now we are waiting for the rise and the breakout of the trend shown below in the Relative Strength Index box.Once the price breaks out and the...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply zone: low-risk sell zone spanning from 2364.00 to 2366.00. Additionally, two buy zones between 2309.00-2307.00 (medium-risk) and 2300.00-2398.00 (low-risk), respectively, are highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply zone (low-risk sell zone) spanning from 0.6693 to 0.6699. Additionally, one low-risk buy zone between 0.6581-0.6577, respectively, is highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between 0.6693 and 0.6699, serving as a low-risk...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (medium-risk sell zone) spanning from 197.950 to 197.730, respectively, are highlighted. Things I Have Seen👀: Medium-Risk Buy Zone🟠: Positioned between 197.950 and 197.730, suggesting another area with moderate risk for potential buying...
Going on my other bitcoin idea I believe the next leg up is about to begin and that this is the bottom. I think the launch will happen this week possibly even tonight. In addition to all my other TA another confirmation is just reading the Crypto chat... This is boring... nothing is happening.. it's all over. You know when that type of chat usually happens plus...
Weekly Analysis Observation: The weekly candle wicked the previous week's candle but closed back within. Implication: This could indicate a potential rejection at a key level, suggesting that there might be a pause or reversal in the current trend. It shows that sellers tried to push the price lower, but buyers managed to regain control by the end of the...
Weekly Analysis: Analysis/Bias remain the same as last week's analysis dated 16 June 2024 -> Swing: Bullish. -> Internal: Bullish. Price printed a bullish internal iBOS followed by a bullish swing BOS Most likely scenario would be for price to pull back following bullish internal and swing BOS (Break Of Structure) First structural indication, but not...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply zone (low-risk sell zone) spanning from 1.2726 to 1.2729. Additionally, one low-risk buy zone between 1.2547-1.2538, respectively, is highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between 1.2726 and 1.2729, serving as a low-risk...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 1.0653 to 1.0662. Additionally, a low-risk sell zone between 1.07390 to 1.07440, respectively, is highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between 1.07390 to 1.07440, serving as a...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 38.855 to 38.822, respectively, is highlighted. Things I Have Seen👀: Important Demand Zone🟢: Identified between 38.855-38.822, serving as a low-risk buy. Bullish Targets📈: 38.900: Possible retracement...
1. Current Trend: The AUD/USD pair is currently exhibiting a slight uptrend on the 2-hour chart. Trendlines: A trendline can be drawn from the recent lows of 0.6700 to the higher lows of 0.6750, indicating an upward trend. 2. Immediate Support: The nearest support level is at 0.6750, which has been tested multiple times recently. Immediate Resistance: The...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply zone (low-risk sell zone) spanning from 20.039 to 20.058, respectively, is highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between 20.039 to 20.058, serving as a low-risk sell. Bearish Targets📉: 20.000: Possible retracement...
After reaching a high on Friday, it fell sharply, giving up all the gains this week. The daily candlestick chart closed with a big negative line, and the weekly line turned down. On Friday, I made the following tips in my private channel: Today is Friday, and it is not ruled out that the main market players took the opportunity to sell, under which circumstances,...
Next week we expect GBPUSD pair price to bounce back up and then continue to drop from the indicated zones on the chart. Invest Wisely!
DXY - SHORT I'm expecting dxy drop from the current level or a little above, all the liquidy cleared and it can start falling from here itself. need to wait for the sell setups and enter, risk small, and always use SL. it can be an impulse drop or a bigger correction. let's see how the market unfold. Trade with care.
BINANCE:OPUSDT (1W CHART) Technical Analysis Update OP is currently trading at $1.764 and price has reached the bottom of the channel, OP has been trading inside the range and currently price has reached the bottom support line, in the past this support line held strongly multiple times and we are expecting the same this time. If the price bounces back then...