Coder775

Coder775

Current Price and Recent Movements Today, we are analyzing the GBP/PLN currency pair. Currently, the price is at 5.13 PLN for 1 GBP on the weekly chart. The price has declined from a high of 5.20 last week. We anticipate one more upward move towards the resistance line at 5.25, a level that previously served as a high in April 2020 and as multiple supports from...

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The GBPUSD pair is currently exhibiting trading behavior within the range of 1.25300-1.27500, a pattern that aligns with the principles of the Wyckoff theory, a framework used to analyze market trends and anticipate future price movements. This current phase appears to reflect a redistribution phase within the Wyckoff model, characterized by a period of...

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Looking at the EURUSD chart on the 1-hour timeframe, we can observe that the pair is in a strong downtrend, currently priced at 1.07720 at the time of writing. Upon analysis, we found that the pair is currently testing the 100MA alongside the 61.8% Fibonacci retracement level, with previous support now acting as resistance, aligning with our analysis indicating...

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Looking at the GBPAUD pair, we can observe a sharp decline in GBP during today's session, supported by a strong AUD and weaker GBP. However, our stance remains unchanged; we anticipate GBP strengthening in the next few sessions. Consequently, we've entered a long position at 1.93800. Our stop loss is set at around 1.93300, representing a loss of 50 pips or 0.3%,...

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Analyzing the weekly chart of AUDUSD, our outlook anticipates a price decline toward the lower boundary of the channel, which also coincides with the 88.6% Fibonacci retracement level. We expect the Australian dollar (AUD) to establish strong support at the 0.62750 level. Following this expected support, our projection foresees a robust upward movement toward the...

Coder775 Updated 

As anticipated, the GBPUSD pair has undergone a decline, currently trading below the crucial 78.6% Fibonacci retracement level at 1.24700. Our analysis suggests the potential for a retest of the 78.6% Fibonacci level at 1.24850. Following this, we anticipate a downward move towards the 88.6% Fibonacci retracement level, coinciding with the S2 Pivot from D1 at...

Coder775 Updated 

Examining the 4-hour chart of EURUSD, we observe that the price has reached our anticipated level of 1.07080. At this point, there is an 88.6% Fibonacci retracement of the May-July rally. Furthermore, the Relative Strength Index (RSI) for the current pair indicates oversold conditions, suggesting that EURUSD might be poised for a defensive rebound towards levels...

Coder775

In today's analysis, our focus turns to XAUUSD (Gold) on the Daily chart. As previously noted, our anticipation of a sharp decline in GOLD from the 1949-1952 levels has played out as expected. Now, we are examining our targets for our existing short position and exploring the possibility of opening a long position. Drawing insights from historical data over the...

Coder775

When examining the Ichimoku analysis on the weekly chart for GBPUSD, we observe that the currency pair is currently testing the Kijun-sen. Notably, there has been a recent breach below the Tenkan-sen at the 1.28500 level, which leads us to anticipate a retest of this level in the forthcoming weeks. We expect the price to confront resistance at this juncture before...

Coder775 Updated 

Hello everyone and welcome to small update... If you follow my previous analysis you could see that everytime vergecurrency makes higher high on BTC pair it goes above previous local HIGH and crossing thru it making a new HIGH, I think now its another time as we had a quiet few days cool off time and accumulation. \ This information is not a recommendation to...

Coder775 Updated 

Hello everyone, and welcome again to an update of my previous analysis. As we approaching strong support at 61.8 last wave I'm seeing opportunity for a buy. Support zone is 103-99 sat. we recently went down to 104 but I think that attack on 103 or even 99 may occur in the next 24 hours that is why I have made this update . This information is not a...

Coder775

Hello everyone and welcome to an update of my previous analysis. As I pointed previously that we have strong resistance at 127.2 fibonnaci level and we had a pullback from that level. There was attempt of breaking higher but it was unsuccessful as candle closed just at that level and from over there we went down to 100 fib to retest it as support, if that will be...

Coder775

Hello everyone and welcome, In my opinion verge is strongly bullish above cloud, with recent accumulation and order book refilled for whales to get more at lower price its time to get moving. Also recent move in doge price will support verge. I think this is last time that we will see verge below 100 sat.

Coder775 Updated 

Hello everyone this is just a quick information that Doge hit first resistance at 141.8 fib and from here we can see a pullback. But final target remains at 161.8 fib. On top of that its worth pointing that there is a high chance of bubble building UP on Doge. This information is not a recommendation to buy or sell. It is to be used for educational purposes only.

Coder775 Updated 

Hello everyone and welcome to my analysis on 1H interval for day traders. So firstly I would like to point that verge made a higher high and positively retested previous resistance as support but as there was a pullback from tops around 98 sat we may retest potential support at 86 sat before further upside. First resistance is seen at 98 sat followed by 107 sat...

Coder775

Hello everyone and welcome to my daily chart analysis of vergecurrency XVGBTC. First of all I would like to point that on daily chart to confirm a bullish formation we need to close above 95 sat. First resistance on daily is seen at this level followed by 61.8 fibonnaci level at 107 sat where also we have 141.8 fibonnaci level from previous measuring. Once this...

Coder775

Hi everyone and welcome to my 4H chart analysis of vergecurrency XVGBTC. First of all its worth mentioning that verge made higher high on 1h and 4h chart which indicates further upside momentum in near term. So with that in mind I would like to spot that there are 4 potential resistances on 4H chart, first one is 78.6 fibonnaci level, next one which in my...

Coder775

Hello everyone and welcome to an update to my previous analysis of Verge for holders. If you will read all of that just read my quote at the bottom as I think first line applies perfectly to this. As of writing price is around 0.044 level after pullback from lows of 0.0375. As i pointed out in my previous analysis that around 0.076 we have a strong resistance...