OIL is testing a strong resistance zone. Be careful of any bearish moves From the previous analysis, OIL moved down from the megaphone pattern pointing down for a bigger bearish wave. The price is already testing the base of the pattern indicating the possibility that it could go lower again. This is just the beginning and should confirm the bearish movement...
FX:XAUUSD is supposedly ending the correction wave on the background of fundamentally weaker dollar. ECB rate and US news (Initial Jobless Claims & NonFarm Payrolls) ahead The European Central Bank is expected to cut interest rates for the first time since March 2016 at the end of its June policy meeting later today. Meanwhile, markets now have a better...
According to the behavior of the index in the current support range, possible scenarios have been identified. If the price crosses the support range, it will be possible to continue the downward trend until the specified support levels
According to the price reaction in the resistance range, it is expected that a corrective and fluctuating trend will be formed. As long as the price fluctuates above the red support zone, the continuation of the upward trend is likely
According to the behavior of the price in the current support range, possible scenarios have been identified. If the price crosses the support range, the downward trend is likely to continue
Considering that the price is at the end of the corner pattern, with a failure in any direction, the continuation of the movement trend in the same direction is likely. It is expected that the beginning of the downward trend will be formed after crossing the support range.
By crossing the support range, it will be possible to continue the downward trend up to the specified support range. If the upward trend is formed, after meeting the resistance levels, it is expected that the trend will change and we will witness the beginning of the downward trend
It is expected that the upward trend will form up to the resistance levels and then we will witness the change of the trend and the beginning of the corrective trend. If the price crosses the resistance range, the continuation of the movement will be according to the blue path
If the price can stabilize above the resistance range, the continuation of the upward trend will be likely. Otherwise, a trend reversal will be formed and the beginning of a downward trend will be possible
If the index can stabilize above the resistance range, it will be possible to continue the upward trend up to the specified resistance levels. Otherwise, the initiation of the corrective process will be likely
I believe the price has reached an overbought stage, and we might see a strong decline towards the specified areas. Currently, the price is in a distribution zone. We could witness a rapid surge to break the selling positions, followed by a continuation of the decline. Therefore, my stop-loss is set to be triggered by the closure of a 15-minute candle above the...
The price is expected to fluctuate within the current resistance range. Then, according to the behavior of the price, there will be a possibility of crossing the resistance range. Otherwise, with the breaking of the support range, the continuation of the downward trend will be formed
According to the behavior of the price in the current resistance range, possible scenarios have been identified. If the price cannot stabilize above the resistance range, there will be a possibility of a downward trend
This is very long term view and still very much in play. According to the chart we still have 50 more days for the bear to drag price down with potential targets towards 13k and extended zone of 12k.
Welcome, Trader. Welcome to our cryptocurrency community! We are going to discussing #GRTUSDT 💹 #GRTUSDT 🔥🚀 --------------- Update: #GRT formed a bullish peanut pattern on the 4 Hr time frame 👉✅. Breakout and retest confirmation is already done✔😉 We are expecting a minimum of 21% 💰 very soon Crypto Analyst Hub #crypto #cryptocurrency #bitcoin #ethereum...
#amzn is going to little bit correction and will grow till 227$-300$
#FET Long Term Forecast When NYSE:FET , MIL:OCEAN and SEED_DONKEYDAN_MARKET_CAP:AGIX merge into CSELK:ASI next week, I don't expect there to be much deviation from price. Especially given NYSE:FET holders are going to get 1:1 for $ASI. It all depends on where CSELK:ASI lands in the wave up, which is supposed to be in the next week. A more...
💥Gold reacted strongly at 2360 and could not overcome the old resistance level to break back to 2400. Gold has formed a double top pattern on the 4th hour frame. 💥After returning below 233x, important support levels 2317-2310 -2305 will be believed by investors to push gold prices back up. 💥The price is retracing relatively far from MA 34 and MA 89, so the...