According to the chart provided, the price of Solana (SOL) is currently in a range close to the resistance of $231.97. If this level remains valid as resistance, the price is likely to move downwards and could fall to the support of the channel floor around $202.06. This analysis is based on two points: Resistance at $231.97: If the price fails to break through...
The price is currently testing the upper boundary of the ascending channel near 152.40, which acts as a critical resistance level. If this resistance holds, the pair may see a retracement towards the midline support around 151.10. Key Points: Resistance at 152.40: This level represents the upper boundary of the channel, and a rejection here could initiate a...
Bitcoin Technical Analysis Based on the current 4-hour chart, Bitcoin faces resistance at $96,754, which is acting as a significant barrier to upward movement. As long as this level remains unbroken, the bearish momentum could persist, leading the price to test the lower support at $88,345. Key Points: Resistance at $96,754: This level serves as a strong...
Technically, gold has broken the resistance range of the descending channel ceiling at 2647 on the one-hour time frame and now there is a possibility of an increase in price due to the convergence of the Alligator moving averages, which is sending a bullish signal to the market. Overall, this scenario is strengthened that gold can increase in price by the length...
Technically, the S&P500 is trading in an ascending channel on the four-hour time frame, and now, given the high of the bullish Super Komo, there is a possibility of an increase in the price. Overall, this scenario is strengthened that the S&P500, provided that it maintains and does not record any four-hour candlestick close below the important support range in the...
Given the resistance at the level of 1.2817, if this area is broken, we can expect the price to continue rising towards 1.2935. Otherwise, if the support level at 1.2717 is broken, a further decline towards the level of 1.2614 is anticipated.
Considering the resistance at the level of 151.120, after breaking through this area, we can expect a rise to the level of 153.399. Otherwise, if the support level of 148.534 is broken, it can be anticipated that the decline will continue down to the level of 146.030.
In the recent four-hour chart of the Dow Jones Industrial Average (DJIA), the price is moving in a clear ascending channel. This movement shows that the market continues its upward trend. Currently, the price of the Dow Jones is above the support level of $44,534. This support level is very important to continue the upward movement. If the price manages to...
On the Bitcoin/USD (BTC/USD) chart, the price is moving in an ascending channel drawn by the Andrews Fork. The move is currently under the influence of the key support at $98,897. Possible scenarios: If the price is able to maintain its position above this support level of $98,897, there is a possibility of a further rise to the level of $105,854 (next...
Gold, this precious metal, is experiencing challenging days in the market Currently, its price is caught in a battleground between buyers and sellers. The price chart shows that $2,644 is acting as a strong bastion for sellers and the price has repeatedly failed to hit this level. Current market situation Gold is struggling below this key resistance and buyers...
#gbpusd Is the downward trend of the pound dollar over? The trend is upward. The resistance in the range of 1.2720 has been broken and now it has become a strong support. The resistance range of pound dollar is 1.2850 and the price can experience growth up to this point.
#eurusd Will the euro-dollar trend rise? The Euro-Dollar is currently fluctuating in an inverse head and shoulders pattern. If it crosses the resistance range of 1.06, it can move towards the targets of 1.07 and 1.08. The important support range of this currency pair is the range of 1.05.
Overview of the Chart The chart illustrates the 4-hour timeframe of Bitcoin (BTC/USDT) using the Ichimoku Cloud and Alligator Indicator, highlighting key support and resistance levels. Key Levels and Observations Support at $98,339: The $98,339 level serves as a strong support zone, coinciding with the lower boundary of the Ichimoku Cloud. This level is crucial...
Overview of the Chart The chart above represents the 4-hour timeframe for Gold (XAU/USD), utilizing the Ichimoku Cloud and Alligator Indicator. Below is a detailed technical analysis based on the identified levels and trends. Trend Analysis and Key Levels Resistance at $2,653: The $2,653 level acts as a significant resistance, validated by Fibonacci retracement...
Chart Structure: Upward Trend Channel: The S&P 500 Index is currently trading within an upward trend channel, indicating a strong bullish trend. Price is trading above the Ichimoku cloud, further supporting the potential for continued upward movement. Fibonacci Extension Levels: The key Fibonacci extension levels are plotted to help identify potential targets...
Chart Structure: Head and Shoulders Pattern: A reverse Head and Shoulders pattern is visible on the 1-hour chart, indicating a potential reversal to an upward trend. The Neckline is located at 1.0578, and its breakout could confirm the start of an upward move. Fibonacci Levels: The 0.5 Fibonacci level at 1.0578 acts as a key support. The 0.786 Fibonacci level at...
The 4-hour chart for CAKE/USDT shows a consolidating price action within a descending channel, following a strong uptrend. The Alligator indicator lines (blue, red, and green) are showing tight convergence, indicating reduced volatility and a potential breakout. Key Levels to Watch Support: The price is approaching the $2.81 level, aligned with the 0.618...
In the 4-hour Bitcoin/USDT chart, the price remains within an ascending channel but is currently moving towards critical support levels. The $95,629 resistance level, located near the 0.382 Fibonacci retracement, plays a pivotal role in determining the trend. Breaking above this level could provide a strong bullish signal, while failing to hold above it may...