Trendlineset
Gold Pullback potentialHi friends.
Unfortunately we have bad times in iran and im so sorry about that.
i couldnt post any analysis for 2 weeks and i hope you accept my excuse.
God bless all IRANs people.
As you can see i think we have a strong Resistance level approch.
and also a valid trend line.
this Resistance level overlap with trend line and after going up to around 1680
the price will react and make a pullback.
wait for price to pullback compeletely and after you receive confirmation
(mostly bearish candlestick patterns) , you can go SHORT.
and in addition we saw the 55MA crosses 100MA and 100MA crosses 200MA
and this is a death cross.
thank you all.
PRAY FOR US WE HAVE VERY VERY BAD TIMES IN IRAN.
XAU/USD Shortterm AnalysisHello friends.
I think after a bearish short cycle its time for some correction.
according to my chart you can see we have a major high to major low Trendline
and price surpass the parallel line of this trendline.
it shows that maybe a temporary bullish run is in sight.
so first target is 1678 and after that we shuold look for amount of demand or supply.
i think price action to this important level and will fail to break that.
so if you take a LONG trade plz dont forget to set a great stoploss!
price bounce from a support level and now is above 50EMA and try to stable there.
after that move forward 1678.
thats my idea and it isnt totally an investment advice.
be careful and manage your risk and reward...
XRP - Now or NeverXRP is at key price levels that could propel a price dump if support of ascending trendline is broken.
We can easily say that XRP is playing with fire right now :)
After breaking upward the falling wedge, it was straight rejected very close to the supply zone while touching the 25MA.
Price started to fall, following the inclination of the falling wedge.
At the moment XRP is sitting on the ascending trendline while struggling to jump from support.
I am currently Long on XRP but if trendline breaks, it will trigger a price dump.
Strategy is LONG is support holds, SHORT if support breaks.
Play safely
Etherium Next Move....!Looking For Your Views On This.
As We Can See Eth Is Stuck Between A Range Bond Situation. According To Me Zone Around 1200$ Will Be A Good Support Zone If It Breaks This Zone Then We Will See Eth Around 1k$.
Zone Around 1370$ Is Acting As Resistance If It Breaks This Level We Can See Etherium Around 1500$ In Next Few Days.
#etherium #eth #etheriumnextmove
WOO ready to make upward move#WOO/USDT
$WOO is inside ascending channel and hold above lower line of this channel.
🐮 now price facing a resistance zone that needs to break it out for more upward move.
break out from this resistance zone that is the same with descending resistance zone will increase price to upper descending trend line and probably middle zone of channel.
#women_life_freedom
APE head and shoulders pattern and trend lines#APE/USDT
$APE shaped a head and shoulders pattern and broke down from ascending trend line.
🐻 so price can drop more to support zone that is the same with neck line of H&S pattern.
then it will have a pullback to broken trend line and if reject from this line it will drop more to support zone around $3.
🐮 but holding the neckline as a support and break out from resistance zone will increase price toward upper ascending trend line.
#women_life_freedom
HBAR S&R zones#HBAR/USDT
$HBAR hold above support zone and now is on a rally toward descending resistance line.
🐮 break out from descending resistance will increase price to touch resistance zone between $0.078 and $0.087.
🐻 rejection from descending resistance, will drop price toward support zone again.
#women_life_freedom
NIFTY 50 NOT IN RECESSION!! DETAILED ANALYSISi have used a great colour to present my analysis.
so please go through the colours carefully.
INDIA is clearly not in recession, this makes us to understand its bottom point. lets start:
THE TWO BLUE LINES: represents the trend followed by NIFTY post corona's bull run.
and through drawing the PURPLE LINE, i have marked the bottom, and its area(sorry for the bad drawings :p)
i had followed the analysis by describing how that point i have marked is the recession point.
have a look at ORANGE LINE, its the bull run trend. after the bull run completed markets have consolidated(THE ORANGE CIRCLE)
FII entering in INDIAN markets made nifty to rise a more(till the orange circle)
DEFINING more about, THE ORANGE LINE, past from 23rd march till 12th April, nifty was on left side of the orange line, after that it came to other side. just a short observation of saying bull run got completed. (arrows are drawn have a good look).
THE TWO GREEN LINES are the support lines. now have a look at THE PURPLE ARCS. INDIA was not in a recession from the start so, it has just touched its support line, and never entered in recession. the same situation is now too.
check, THE DARK BLACK LINE, its the support line(which is supported many a times).
FINALLY, i conclude my analysis, where i have described how and where nifty 50 is in its position. i will post soon about its further trend lines(resistance and support).. stay connected!!
ATOM inside descending channels#ATOM/USDT
$ATOM is inside a huge descending channel.
🐻 now price is rejected from the middle line of a channel which is the same with the long-term resistance zone, so it is possible that continue its downtrend to break down from support of $10 and touch the lower line of channel, than start a new rally.
🐮 but it price going to hold the support of $10, it will be an easy break out from resistance around $17 to touch the upper line of channel which is the middle line of bigger channel.
in the long-term price can touch the upper line of the bigger channel.
previous weekly analysis of COSMOS
AKRO potential to increase 300%#AKRO/USDT
$AKRO is above a support zone.
🐮 holding this support will increase price toward resistance zone around $0.006 which is the same with descending trend line.
break out from this resistance make the potential to increase toward $0.015.
🐻 if price breaks down from support zone, next support is long-term descending support.
AIOZ great R/R #AIOZ/USDT
$AIOZ is about to break from a long-term triangle,
🐮 breaking out from long-term descending resistance, will increase price toward resistance zone around $0.06 and even resistance of $0.075.
and breaking out from $0.08 can move up price toward upper trend lines.
🐻 break down from support zone around $0.045 will invalid this scenario.
XRP trend lines potential to reach above $1#XRP/USDT
$XRP hold the long-term ascending support and broke out from long-term descending resistance and candle of this week is making a pullback to confirm the broken resistance as support.
🐮 price touched the resistance zone, break out from this resistance zone will increase price to upper ascending trend lines.
In the long-term price may touch the 0.5 fib level of the whole swing down.
WAVES triangle fractal#WAVES/USDT
$WAVES is inside a triangle that is below a long-term triangle.
🐻 if price follow the previous triangle it will breaks down the lower line to touch the descending trend lines around $3.5 and $3.2, and break down from $3 will drop price toward last long-term support around $2.
🐮 holding the lower line of 4h triangle will increase price to break out from long-term descending resistance to reach resistance zone around $4.2 and will increase more toward upper trend lines.
RVN broke out falling wedge pattern#RVN/USDT
$RVN broke out from long term falling wedge pattern.
now price is inside long tern resistance zone.
🐮 breaking out from this resistance zone that is the same with ascending resistance will increase price to upper resistances and final target of this pattern can be around $0.2.
🐻 break down from ascending support will invalidate this analysis.
SHIB trend lines#SHIB/USDT
$SHIB had a great reaction to trend lines and S&R zones of previous analysis.
price broke down from ascending trend line and now it is at support zone between 0.5 and 0.618 fib level of last swing high.
🐻 break down from this support zone will drop price to next support zone which is the same with 0.786 fib level.
🐮 holding this support zone and breaking out from descending trend line can increase price to resistance around $0.000015 or even next resistance around $0.00002.
bullish flag can make another leg up for ETC#ETC/USDT
$ETC had more than 140% increase since my analysis from 6/12/2022 and broke out from descending trend line.
🐮 now price shaped a bullish flag pattern and we just need a confirmation of the weekly candle to close above the channel.
so if we have this confirmation price can increase toward 1.618 fib level of last swing high (which is between upper trend lines) to complete flag Pattern and also it can be AB=CD pattern that can be complete.