ElenaMayi

ElenaMayi

The price has successfully broken out of the uptrend channel and is now trading outside of it. This shift indicates a potential change in market sentiment. Additionally, it has settled below the 281.57 level, reinforcing the likelihood of a further decline toward 233.63 and 195.54. Since this level now acts as resistance, sellers seem to be in control, and unless...

ElenaMayi Updated 

After U.S. President Donald Trump implemented new tariffs on the country's three largest trading partners, the price increased and surpassed the resistance zone. At present, the price is attempting to break the 2918 level to reach the final high resistance zone. However, this level may act as a temporary barrier, leading to a possible rejection as a corrective...

ElenaMayi Updated 

The price has stabilized above the flat zone and is currently trading towards breaking the 1.05287 level. However, this level may act as resistance, potentially causing a short-term correction before the price attempts to break above it and reach 1.06082. On the other hand, if the price reverses and stabilizes below 1.04245, it will likely move back within the...

ElenaMayi

The price has initiated a bullish correction, moving from 83,120 to 86,319, following the recent bearish movement. However, this upward move appears to be a temporary retracement rather than a trend reversal. The market still exhibits bearish momentum, and once the correction phase concludes, the price is likely to resume its downward trajectory. If the price...

ElenaMayi Updated 

The Ethereum (ETH) price started March with a sharp 14% surge, against a two-month downtrend as the market reacted to U.S. President Donald Trump’s announcement of a crypto reserve. Today, the price is continuing its attempt to break the support level at 2362. A successful breach of this level could lead to a decline towards 2118, where the price may touch the...

ElenaMayi Updated 

The current price movement of gold suggests an attempt to reach 2,880, or possibly extend to 2,895, as part of a corrective move before resuming a downward trajectory. This resistance zone has previously acted as a strong barrier, preventing further upward movement and triggering reversals. Once rejection occurs, the next significant level to watch is 2,844,...

ElenaMayi Updated 

The price is currently in a corrective phase, showing signs of a bearish movement that could extend towards the 124.89 support level. If selling pressure intensifies, the decline might continue, reaching as low as 116.11, where stronger support is expected. A rebound from this area could trigger a bullish reversal, leading the price to regain momentum. A breakout...

ElenaMayi Updated 

The market remains in a bearish trend, but currently, the price is showing signs of a short-term correction to the upside. It seems likely that the price will rise to test the 2880 level and could potentially extend its movement to 2895, where a stronger resistance is expected. This zone acts as a crucial barrier, and unless the price successfully breaks above it,...

ElenaMayi

The price is maintaining a bearish trend, currently trading around the channel. If it breaks below the channel and the key support at 283.39, further downside movement is expected, potentially reaching 233.63 and 195.54, as sellers remain dominant. The continuation of this trend indicates weakening buying pressure, making lower levels more likely. However, a...

ElenaMayi Updated 

The price is currently attempting to stabilize above 6040, but these efforts seem weak, as the bearish trend remains dominant. This suggests that the price is likely to decline from the current zone or, alternatively, continue an upward correction until it reaches the next resistance level. If the correction scenario plays out, we expect the price to face renewed...

ElenaMayi Updated 

HELLO TRADERS The price has stabilized below the support zone, which strengthens the bearish trend as long as it continues to trade beneath this level. The rationale behind this is that support zones act as a psychological barrier for buyers, and once this level is breached, it signals a shift in market sentiment toward selling pressure. Remaining below this zone...

ElenaMayi Updated 

The price has recently broken above the last high resistance zone, indicating bullish momentum. However, for this upward trend to remain valid, the price needs to stabilize above this zone. If it fails to do so and faces rejection, a downward move is expected. The current structure suggests that the price might struggle around the 22,805 - 22,920 range, where...

ElenaMayi Updated 

If the price remains below 2,895, the bearish trend is expected to strengthen, with a likely move toward 2,880. A break below 2,880 would further activate the bearish momentum, pushing the price into the range zone, where consolidation or additional declines may occur. However, this zone could act as a support level, potentially driving the price back upward. The...

ElenaMayi

The price is currently attempting to stabilize above 86.31, which could strengthen a short-term bullish correction. If this momentum continues, the price may reach 89.84, and in an extended move, it could touch 94.23. However, the overall trend remains bearish, indicating that after this corrective movement, a decline is expected. The bearish continuation would...

ElenaMayi Updated 

The gold price recently established a resistance zone at the highs near $2,955 - $2,938, leading to a decline after failing to sustain above this level. Currently, it trades below this resistance, indicating that sellers have taken control. After the recent drop, the price might attempt a correction back towards $2,938 before continuing downward. This correction...

ElenaMayi

The price has stabilized above a significant level, indicating buyer strength and the potential for an upward continuation. If the price successfully breaks and closes above 1.0528 on the 1-hour timeframe, it would confirm bullish momentum, allowing buyers to push towards the next key resistance at 1.0608. On the other hand, if the price fails to maintain its...

ElenaMayi

the price is currently stabilizing above the support level at 2934, which is providing upward momentum. As long as the price stays above this level, there is a strong likelihood it will continue its upward movement towards the next resistance at 2955. If the price successfully breaks this resistance level, it is expected to rise further, possibly reaching new...

ElenaMayi

The price has broken the previous high level, stabilized above it, and continued to rise. It is currently trading toward our next target at 2975. The price action indicates strong bullish momentum, supported by multiple higher lows and sustained buying pressure. There was a brief rejection at a resistance zone near 2939, where sellers attempted to push the price...